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Starbucks hikes long-term financial forecast as it unveils reinvention plan

September 15th, 2022|

PUBLISHED TUE, SEP 13 202211:43 AM Source: CNBC by Amelia Lucas Outgoing Starbucks CEO Howard Schultz said the coffee giant is projecting double-digit growth for revenue and earnings per share as it implements a strategy to reinvent its business. The company’s previous long-term forecast projected adjusted earnings per share growth of 10% to 12%, revenue

Big Tech Remains a Favorite Among Retail Investors: Vanda

July 6th, 2022|

Source: Bloomberg by Ryan Vlastelica Wednesday, July 6, 2022 10:06 AM Major US technology and internet stocks have been pressured throughout 2022, but the group continues to be a popular choice among retail investors, according to Vanda Research. Vanda names Advanced Micro Devices, Nvidia, and the FAANGMT group -- a reference to Facebook-parent Meta Platform, Apple,

Williams Says Unemployment Rate May Rise as Fed Fights Inflation

May 10th, 2022|

Tuesday, May 10, 2022 06:36 AM By Matthew Boesler and Alexander Weber New York Fed chief speaks at economics conference in Germany Sees inflation cooling to nearly 4% in 2022, 2.5% in 2023 (Bloomberg) -- The US central bank’s interest-rate increases may lead to somewhat higher unemployment as it attempts to bring about a “soft landing” while tackling

2018: The key reasons behind the stock market’s ugly October fall

May 9th, 2022|

Published: Oct. 29, 2018 at 8:10 a.m. ET By  Mark DeCambre The Dow has lost around 2,140 points, or 8%, since its Oct. 3 2018 all-time high, as of Friday’s close Markets are falling fast. But why? A few short weeks ago the Dow industrials were on the verge of busting through another psychological milestone

U.S. Rates October Scorecard and Model Update

October 1st, 2021|

(Bloomberg Intelligence) -- The 10-year Treasury yield may approach but not breach 2%, as our end-2022 scenario sees a rate just above 1.9%. We look for near-term curve steepening, then flattening in 2022 as the front end prices for 2023 rate hikes. (10/01/21) 1. A Steeper Yield Curve Now, Flatter LaterReturn to Top Treasury Yields: Our

‘This bond market is so radically oversold,’ economist David Rosenberg says

March 3rd, 2021|

Economist David Rosenberg says he made a career by not following the herd, and his bond forecast could be considered the latest example. According to the Rosenberg Research president, this year’s rate yield shock surrounding the benchmark 10-year Treasury Note is temporary. “This bond market is so radically oversold,” Rosenberg told CNBC’s “Trading Nation” on Friday.

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