Show Me the Money! 31 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital The Clorox Company (CLX) is scheduled to report fourth-quarter fiscal 2020 results on Aug 3rd, before market open. In the last reported quarter, this sanitary chemical manufacturer delivered an earnings surprise of almost 10%. Moreover, it has been securing an earnings...
Show Me the Money! 30 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital Bitcoin crossed the $11,000 level and traded near its highest level in nearly a year on Tuesday amid US dollar weakness and a broad shift to alternative assets. The token leaped as high as $11,198.32 before paring gains and trading below $11,000 later in the day. The bounce...
Here’s a Thought! 30 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital Eastman Kodak said yesterday it signed a letter of interest for almost $800 million loan from the U.S. International Development Finance Corporation. The company will use the money to ramp up the development of Kodak Pharmaceuticals, a division tasked with addressing a...
Here’s a Thought! 29 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital McDonald’s has always managed to scramble through recessions posting strong financial numbers. This time was different. Wall Street expected McDonald’s to report quarterly earnings at 74 cents per share on revenue of $3.68 billion, but McDonald’s only managed to post its Q2...
Show Me the Money! 29 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital One of less talked-about but more potent beneficiaries of this year’s gold rally Kinross Gold (KGC) is scheduled to announce Q2 earnings results today, on July 29th, after market close. The consensus EPS Estimate is 13 cents and the consensus revenue estimate is around $1...
Here’s a Thought! 28 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital According to a new court filing, multiple California state offices are actively investigating Amazon (AMZN) over worker safety concerns as the coronavirus continues to rage throughout the U.S. An eighth Amazon employee has died of COVID-19, and the virus has spread quickly...
Show Me the Money! 28 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital The Australian dollar has rallied rather significantly on Monday, showing signs of life yet again as the U.S. dollar continues to get hammered against most currencies. Aussie pierced below 1.40 mark, and now this level became its support, rather than resistance level. Couple...
H ere’s a Thought! 27 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital Global payments processor Visa reports earnings on July 29, and it will be more than just one more set of quarterly financial numbers. Investors will get a direct insight into how consumer spending is being affected by the pandemic and an uncertain economy. This quarter...
Show Me the Money! 27 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital On Wednesday previous week, Tesla reported blockbuster second-quarter earnings that exceeded Wall Street's expectations. Electric car manufacturer also showed its fourth consecutive quarterly profit, despite grim predictions about heavy impact of COVID-19 on company’s sales....
Here’s a Thought! 24 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital Twitter (TWTR) second quarter revenue unexpectedly fell 19% YoY to $683 million. In the same quarter of 2019, revenue was $841 million and diluted earnings per share were $1.43. Shares of TWTR are, nevertheless, added pretty 4% at yesterday’s market close. What...
Show Me the Money! 24 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital AT&T (T) beat estimates by 4 cents a share, with quarterly earnings of 83 cents per share. Revenue was in line with forecasts. The company said the COVID-19 pandemic impacted results across all its businesses. Thus, WarnerMedia revenue fell 23% to $6.8 billion as the pandemic...
Show Me the Money! 23 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital The Gold/Silver complex has caught renewed bids this week, which was tipped off by the major gold ETF – SPDR Gold Trust – showing up on the "Doji Week" scan back on Monday. The Doji Week scan is designed to find stocks that are in narrow ranges compared to prior week's...
Show Me the Money! 22 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital Alibaba’s affiliate company Ant Group, operating the mobile payment service Alipay, reportedly started the process of its initial public offering on the Hong Kong Stock Exchange and Shanghai’s Nasdaq-style STAR market simultaneously. In China Alipay is much more prominent...
Show Me the Money! 21 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital Silver futures logged highest finish in nearly 4 years yesterday, buoyed by expectations for further central bank stimuli that destroy value of world major currencies and as the rise in global COVID-19 cases continues to threaten economic recovery. September silver added...
Show Me the Money! 20 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital Boeing's reputation remains under siege even after the much-advertised test flight of Boeing 737 MAX couple of weeks ago. The company was forced to release a catastrophically damning set of documents to congressional investigators last week that included "conversations among...
Here’s a Thought! 20 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital Overall, financial results of the biggest U.S. banks in the second quarter were better than expected, but was given a big boost from the trading profits earned in a very volatile market. The future does not look clear as the banks were forced to build huge pileups of money to...
Show Me the Money! 17 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital If not big tech, then what? One of the most valued characteristics of AT&T stock is stable dividends backed by consistent cash generation, while the company is heavily involved in growth areas like 5G network and content creation. AT&T is the second-largest U.S. wireless...
Show Me the Money! 16 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital UnitedHealth Group reported a solid quarter in which strength in premiums offset weakness routinely associated by many with COVID. The company reported $62.14 billion in revenue, a slight miss – not by a wide margin, and we tend to play it down when the company is growing its...