Points, s p advancing. 15 . For the next five weeks, its all about the reports from individual companies. And were up to the challenge, unusable hand, or not. Before we get to the particular stocks, lets understand the way earnings season works. As i write about in get rich carefully, which has a huge chapter on how to play the quarterly reports, how to handle this season, accompanying deliver on a trifecta of accomplishments in its quarter to ensure the stock will jump on the news. It needs to top the earnings and revenue estimates, meaning do better for the quarter than the consensus of the analysts who follow the stock. And then it has to raise guidance for both figures going forward. If you dont get better at revenues, better earnings and better guidance, you most likely wont see an increase in the stock price after the quarterly release and the Conference Call results hit the tape. Notice that i included the term Conference Call in the equation. Thats because, by far the most crit
Israel helton brokering a ceasefire as the death toll in gaza rises. Reports suggest lebanon has now fired rockets towards israel. The world cup winner will be revealed this weekend, but who won the sponsorship battle . Were joined by the ceo of puma later in the show. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome, again, to worldwide exchange. What a difference a day makes. You can see losses in the gainers in todays session, seeing a bit of a bounce across the european markets. Stoxx europe 600 up around 0. 4 in the markets today. We closed on the day yesterday by pulling back some of these gains today. Remember it was a confewence of factors, weaker Industrial Production from italy, weaker Industrial Production from france. We also saw peripheral spreads in the 10 basis points. Weve taken back eight basis points of those stable trading, specifically under the 400 levels. We have seen a bleeding out of some of those spre
As shareholders weigh in. Our investors likely to embrace the deal . Is pretty likely they will, particularly, the minority shareholders are expected to go for this deal, and it is a good one, with will lawrence offering 2. 25 billion, and that beats the david jones retailer with a substantial premium. 3. 19. There was a big spice in the spike in the share price. Votesrity of the proxy are in, and it represents 31 of shareholders, but it is not going to be as simple as all that. There are a couple of wildcards in the mix, and one of them is an investor who is quite well known in australia. He holds in over nine percent stake in david jones. Now, the company is offering to stake, the deal being contingent on the david jones been. Bid. Others are taking an interest in the extra deal, describing it as it may be an inducement to lew and could be a breach. Vote in favor, it is not going to be the end of it. Therell be a Court Hearing into the other matter on thursday. David jones. A big vot
Bank of Cyprus has its quirks – such as a sanctioned oligarch as a large shareholder – but it is far from the only European bank with good potential still shunned by mainstream investors.
Portugal's Resolution Fund said it had agreed with a banking syndicate to borrow 475 million euros ($580.36 million) to shore up the capital of lender Novo Banco, which emerged from the ruins of the collapsed Banco Espirito Santo.