RBC Capital Markets has issued upgrades on Yum Brands and Johnson and Johnson,raising the price target of JNJ to 104.00.The chatter out of China,where Yum Brands has a major presence, has been positive at this point,said CNBC host Jim Cramer.*
Euro zone unemployment has remained steady at 12.1%.*
The Greek stock market is up 10% on the year,and Greece is taking over the presidency of the European Union.*
Compared to Twitter,Facebook trades at 19 times trailing sales,while Twitter trades at 58 times.If it comes in and expectations check out,we'll definitely own it again,said Dan Niles of AlphaOne Investments.*
Cantor Fitzgerald has downgraded Twitter to a sell.Youssef Squali of Cantor Fitzgerald adds that it is almost impossible for Twitter management to hit those numbers in the time frame investors are expecting.That's the reason for the downgrade.With Facebook,revenues actually increased the first year.
Even adjusted for growth,Twitter doesn't make it.Frankly,I would hate to be Twitter CFO right now,having to report earnings in a month's time.*
Alan Mulally says he is staying at Ford,not moving over to Microsoft to replace the retiring Steve Ballmer as CEO.*
Alcoa kicks off earnings season with its Q4 report today,Thursday.*
We are gonna run through all this liquidity,said Jerry Castellini of Castleark Management.We need to pull this liquidity off,or it's gonna run into inflation by year end.
Castellini is long the consumer,energy and industrials.*
Yum Brands(YUM),Facebook(FB),Twitter(TWTR),Alcoa(AA)
Labels:Castelark Management,Microsoft,Alan Mulally,Ford Motor Company,Twitter,Facebook,Greece,Euro zone,China,Yum Brands,Johnson and Johnson,Jim Cramer,CNBC
Wednesday, January 8, 2014
Thursday, January 2, 2014
Sochi Winter Olympics:the Fortress Games
The most costly and threatened Olympic games in history will be underway in Sochi,Russia in five weeks' time.Russia is spending 54 billion dollars on the games and the massive security effort to protect them.
Some 50,000 troops and police are being deployed to the Games and surrounding area.Spectators will be vetted from their passport information,and surveillance will be heavy.The likelihood is that,despite their boasts,the highly skilled terrorists will not directly attack the fortress which has been created around the Sochi Games itself,which are geographically the most compact Olympic Games in history.They will strike softer outlying areas instead such as Volgograd,the transportation hub 400 miles northeast of Sochi,or other targets even farther away.
Last week,37 people were killed in Volgograd in back to back suicide bombings on a bus and a train station.If you travel to the Sochi Games,there is an extra element of risk in your life,centered around public transport.Your safety cannot be fully guaranteed.It's a very small extra risk-one that only you and your family can decide if it's worth taking.
Security will be similar to that surrounding the Salt Lake City Winter Olympics in early 2002,five months after the 9-11 attacks.At that Olympics,the US Marines and Army,as well as the National Security Agency,provided mountain and airspace patrols and surveillance.It will be noticeable,and people will complain about it,said interational ice hockey federation president Rene Fasel.I'm sure Russia will do everything possible,but that means we have an unbelievable security control.We have to be strong.We decided to go to Sochi and the only answer to these bombings and terrorist incidents is to go there.
The Australian Olympic Committee is restricting its athletes' travel to flights only,according to IOC vice president and AOC head John Coates.
Some 50,000 troops and police are being deployed to the Games and surrounding area.Spectators will be vetted from their passport information,and surveillance will be heavy.The likelihood is that,despite their boasts,the highly skilled terrorists will not directly attack the fortress which has been created around the Sochi Games itself,which are geographically the most compact Olympic Games in history.They will strike softer outlying areas instead such as Volgograd,the transportation hub 400 miles northeast of Sochi,or other targets even farther away.
Last week,37 people were killed in Volgograd in back to back suicide bombings on a bus and a train station.If you travel to the Sochi Games,there is an extra element of risk in your life,centered around public transport.Your safety cannot be fully guaranteed.It's a very small extra risk-one that only you and your family can decide if it's worth taking.
Security will be similar to that surrounding the Salt Lake City Winter Olympics in early 2002,five months after the 9-11 attacks.At that Olympics,the US Marines and Army,as well as the National Security Agency,provided mountain and airspace patrols and surveillance.It will be noticeable,and people will complain about it,said interational ice hockey federation president Rene Fasel.I'm sure Russia will do everything possible,but that means we have an unbelievable security control.We have to be strong.We decided to go to Sochi and the only answer to these bombings and terrorist incidents is to go there.
The Australian Olympic Committee is restricting its athletes' travel to flights only,according to IOC vice president and AOC head John Coates.
Wednesday, December 25, 2013
Playbook For 2014
We're looking at the Fed being accomodative for the forseeable future,said Stephen Wood,chief market strategist at Russell Investments.We think there is gonna be a glacial improvement in the labour market;2014 is gonna be an OK year.
Investors need to look to a diversified portfolio and Europe.Look to equities with the market where it is right now.Security selection,stock picking,active management are gonna be very important.
They need to go over this market with a fine-toothed comb.It's getting more challenging,but there are still opportunities out there,Dr.Wood observed.*
They fought 3M,the best American innovator,and they lost,said CNBC analyst Jim Cramer.Blackberry isn't as bad as people think.Look at Sprint.Management turned it around.Sprint needed a lot of money.Someone gave them a fortune-Softbank-and they're staying competitive.
Clorox is supposed to be an 85 in this situation.It is 92.80.The playbook says you should sell Clorox,but they're not going down.We're in a hope springs eternal market.This is Klaus Kleinfeldt's year at Alcoa.
As CDs roll over,what are people going to do?People have to drop their cynicism and drop their polemics.It's a good market,the successful investor Jim Cramer noted.*
Clorox(CLX),Sprint(S),Blackberry(BBRY),3M(MMM),Alcoa(AA)
Investors need to look to a diversified portfolio and Europe.Look to equities with the market where it is right now.Security selection,stock picking,active management are gonna be very important.
They need to go over this market with a fine-toothed comb.It's getting more challenging,but there are still opportunities out there,Dr.Wood observed.*
They fought 3M,the best American innovator,and they lost,said CNBC analyst Jim Cramer.Blackberry isn't as bad as people think.Look at Sprint.Management turned it around.Sprint needed a lot of money.Someone gave them a fortune-Softbank-and they're staying competitive.
Clorox is supposed to be an 85 in this situation.It is 92.80.The playbook says you should sell Clorox,but they're not going down.We're in a hope springs eternal market.This is Klaus Kleinfeldt's year at Alcoa.
As CDs roll over,what are people going to do?People have to drop their cynicism and drop their polemics.It's a good market,the successful investor Jim Cramer noted.*
Clorox(CLX),Sprint(S),Blackberry(BBRY),3M(MMM),Alcoa(AA)
Thursday, December 19, 2013
Voices and Visions:Russia and the Sochi Olympics;Fed Tapering
Russia's Deputy Economy Minister Sergei Belyakov has been commenting on the effect of the Sochi Winter Olympics on his nation.Speaking on Bloomeberg TV,he said the main question is,what does it mean for us?We had to create new conditions for life in the whole country.We have a lot of new facilities.It was very important for us.We're speaking about new living standards.The Olympics and the World Championships-all these events are not Putin's project;they are a project to create new ideas,new technology.
Visit Russia and see what's the reality here,the difference between perception and reality,Mr.Belyakov urged.Can Russia afford the 15 billion dollar fund for Ukraine?Please don't be worried.Everything's OK.Our economic situation is not very good.That's why the business environment here is the highest priority of the Russian government.It's not as bad as people think;but we want to make it much better than it is now.We have not only goals;but we have achievements.*
Mr.Belyakov declined to comment on how the Federal Reserve's decision to begin tapering its asset purchases in support of the US economy would effect the emerging markets.Simon Goodfellow,CEO of Harlyn Research,said there will be a spike in volatility.At some stage,that has to go up,and when it does,markets will sell off.Somewhere along the line,investors will have to react.Bond market investors will cause a spike in equity volatility.There was an initial positive response to the Fed holding off on hiking interest rates.Just understand that that will reverse sharply sometime in 2014,Mr.Goodfellow cautioned.*
Tapering doesn't mean tightening,outgoing Fed Chairman Ben Bernanke said in his last press briefing.The Fed will keep tightening until unemployment drops below 6.5%.
The process will be deliberate and data-dependent.Asset purchases will not be on a pre-set course,Mr.Bernanke explained.*
Janet Yellen will succeed Mr.Bernanke in January.
Visit Russia and see what's the reality here,the difference between perception and reality,Mr.Belyakov urged.Can Russia afford the 15 billion dollar fund for Ukraine?Please don't be worried.Everything's OK.Our economic situation is not very good.That's why the business environment here is the highest priority of the Russian government.It's not as bad as people think;but we want to make it much better than it is now.We have not only goals;but we have achievements.*
Mr.Belyakov declined to comment on how the Federal Reserve's decision to begin tapering its asset purchases in support of the US economy would effect the emerging markets.Simon Goodfellow,CEO of Harlyn Research,said there will be a spike in volatility.At some stage,that has to go up,and when it does,markets will sell off.Somewhere along the line,investors will have to react.Bond market investors will cause a spike in equity volatility.There was an initial positive response to the Fed holding off on hiking interest rates.Just understand that that will reverse sharply sometime in 2014,Mr.Goodfellow cautioned.*
Tapering doesn't mean tightening,outgoing Fed Chairman Ben Bernanke said in his last press briefing.The Fed will keep tightening until unemployment drops below 6.5%.
The process will be deliberate and data-dependent.Asset purchases will not be on a pre-set course,Mr.Bernanke explained.*
Janet Yellen will succeed Mr.Bernanke in January.
Thursday, December 12, 2013
Thailand's Phatlum Takes Omega Dubai Title
The Omega Dubai Ladies Masters,the final event of the 2013 Ladies European Tour,was played over the weekend at the Emirates Golf Club.Thailand's Pornanung Phatlum,24,took the championship trophy,with American Stacy Lewis second and Spain's Carlota Ciganda third.Phatlum shot an outstanding 15 under par 66 in the fourth round to cap off her second career victory on the LET.She won 75,000 euros,or 102,770 dollars,placing her 23rd on the 2013 money list with 660,210 dollars for the season.Phatlum had also won the 2012 Women's Indian Open.
In the second round,South Africa's Connie Chen made a hole in one at the fifteenth to win a Mercedes Benz E-400 convertible.She finished 39th out of 64 for the tournament.
Besides Mercedes and Omega,sponsors of the 7th annual edition included Dubai Aluminium;CNN;Drydocks World/Maritime World;Emirates NBD;and Gulf News.The tournament was under the patronage of HRH Princess Haya Bint Al Hussein,Wife of HH Sheikh Mohammed Bin Rashid Al Maktoum,Vice-President and Prime Minister of the UAE and Ruler of Dubai.Played against the backdrop of the soaring Dubai skyline,it was founded in 2006.Annika Sorenstam was the first champion and repeated in 2007.
In the second round,South Africa's Connie Chen made a hole in one at the fifteenth to win a Mercedes Benz E-400 convertible.She finished 39th out of 64 for the tournament.
Besides Mercedes and Omega,sponsors of the 7th annual edition included Dubai Aluminium;CNN;Drydocks World/Maritime World;Emirates NBD;and Gulf News.The tournament was under the patronage of HRH Princess Haya Bint Al Hussein,Wife of HH Sheikh Mohammed Bin Rashid Al Maktoum,Vice-President and Prime Minister of the UAE and Ruler of Dubai.Played against the backdrop of the soaring Dubai skyline,it was founded in 2006.Annika Sorenstam was the first champion and repeated in 2007.
Sunday, December 8, 2013
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