Earnings recessions and stock market impact in U S capitals
The term earnings recession refers to two or more quarters of year over year profit decline for S P 500 firms. Historically, such recessions have not always aligned with GDP slumps, and markets often suffer less when profits fall without a recession. The current dip reached about fourteen percent, with the last recession ending in June 2009.
MENTIONED IN THIS ARTICLE
S&p 500
Anthony Valeri
LPL Financial
Standard & Poor
Valeri
S&p
USA portfolio allocation by risk and SigFig analysis
SigFig reports show aggressive risk allocation with 71 percent or more in equities. The data reflect online investment tracking usage by over half a million investors nationwide managing assets totaling about 200 billion dollars.
MENTIONED IN THIS ARTICLE
USA
America
SigFig
Kors Reports Higher Earnings Amid Revenue Cut Due To Sports Authority
Michael Kors said full year revenue will be 4.93 billion dollars, down from 5.0 billion due to Sports Authority's demise, yet quarterly earnings rose to 0.98 per share beating 0.97 estimates. General Motors posted an 18 percent May sales drop with about 240,500 vehicles sold, worse than expected.
MENTIONED IN THIS ARTICLE
Sports Apparel
Sports Authority
Michael Kors
General Motors
Automaker
GM vs Ford in slowing US auto sales and stock outlook
Auto sales in May show declines for General Motors and Ford Motor, with shares down 6% and 3% this year. GM’s sales drop 18% then outpacing forecasts, while Ford sales fall nearly 6%. Analysts favor GM, projecting a 12.6% EPS rise this year and 3.5% next, with a target near 39.06 in 18 months. Ford is seen slower, with 9.3% EPS growth in 2016 and 1% in 2017, rating a hold and a ~23% upside to about 16 in 18 months.
MENTIONED IN THIS ARTICLE
General Motors
Ford Motor
Ford
Wall Street
S&p
CFPB proposes curb on payday loan debt trap lending
The CFPB would require lenders to assess borrowers ability to repay and end repeated debit attempts that rake in extra fees. It also probes high risk loans such as open end lines of credit and wage or asset seizures. Public comment on the plan runs to September 14.
MENTIONED IN THIS ARTICLE
Consumer Financial Protection Bureau
CFPB
Richard Cordray
Consumer Bankers Association
Richard Hunt
Dennis Shaul
Community Financial Services Association of America
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MAJOR
Djia
Inc
DOW Jones
S&p 300
Standard & Poor's
Russell Russell
Michael K
Whole Foods
Aathon J
Molson Cocks
Kors
Endo International
ENDP
Whole Foods Market
WFM
Credit Suisse
Marathon Petroleum
MPC
Molson Coors
Miller
Mallinckrodt
MNK
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COG
NRG Energy
NRG
Southwestern Energy
SWN
Daicron Micron Technology
Equity Residential
EQR
Freeport-McMoRan
FCX
China
National Oilwell Varco
Trican
Awk
VTD
Vanguard
Vanguard TotSilAdm
Vanguard TotIntl Fidelity Contra
American FundsIncAmerAm
Grthama m
Spdr Financial
iShares
US Oil Fund LP
Bankrate.com
A Commodities Commodities
Frankfurt
Hong Kong
JaPan
Nikkei
LonDon
MexIco City
Morningstar
THE
Associated Press
Sociated Press
Usatoday.com
MONEY
Sprint
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AAPL
Aapl Sbux
Calinnature
ATEGY
Investing
Matt
Matt Krantz
Mkrantz
USA Today
Utumn
Gey
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