News on Stocks in Our Portfolios
·
Revenue of
$4.93B (+5.1% Y/Y) beats by $230M.
·
C. R. Bard (NYSE:BCR):
Q2 EPS of $2.06 beats by $0.18.
·
Revenue of
$827.1M (+8.8% Y/Y) beats by $12.52M.
- Nucor (NYSE:NUE):
Q2 EPS of $0.46 beats by $0.06.
- Revenue of $5.29B (+13.3% Y/Y) beats by $80M.
·
Reliance Steel & Aluminum (NYSE:RS):
Q2 EPS of $1.30 misses by $0.11.
·
Revenue of
$2.62B (+6.9% Y/Y) misses by $30M.
Economics
This Week’s Data
The
July Markit flash PMI was reported at 56.3 versus expectations of 57.6.
June
new home sales fell 8.1% versus forecasts of a 5.7% decline.
The
July Kansas City Fed manufacturing index came in at 9.0 versus consensus of
6.0.
June durable goods orders
rose 0.7% versus estimates of up 0.5%; ex transportation, the number was up
0.8% versus an anticipated increase of 0.7%.
Other
More
on the effects of QE (short):
Thoughts
on using the banking system as part of the sanctions process (medium):
Politics
Domestic
Big government
double talk (short):
Obamacare
failure (short):
Friday morning
humor (short):
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