Pandora Reports Strong Revenue Growth
Pandora continues to add listeners and grow revenue at a rapid clip, but the company has yet to become profitable. We’re staying away from the shares for now.
Brian Nelson
Joy Global Deals with Sluggish Global Growth
Mining equipment firm Joy Global cut its earnings outlook due to slowing growth in China. We’re becoming more constructive on the firm’s valuation at these levels but still remain on the sidelines.
Heinz Not Playing Catch-Up
The global food company, best known for ketchup, reported decent second quarter results. We think shares are fairly valued.
WellPoint Rallies after Ousting CEO
WellPoint CEO Angela Braley resigned as a result of pressure from shareholders. We still prefer the Health Care SPDR ETF.
PVH Grows…In Europe
Diversified apparel company PVH reported strong results driven by surprising strength in Europe. We think shares are fairly valued.
Nordic American Tankers Warns About Third Quarter
Nordic American Tankers warned that its third quarter will be down sequentially. We don’t like the structural characteristics of the shipping industry, and the timing of when or if fundamentals will turn for the better remains uncertain.
What Is Going on at Intel?
The chip giant has faced some pressure recently, but why?
GM Halts Volt Production; Another Reason Why We Prefer Ford
With GM halting Volt production, we continue to prefer Ford. We dig into the Chevy Volt and Ford’s expansion plans in China.
SeaDrill Reports a Strong Second Quarter
Offshore rig owner SeaDrill reported a solid second quarter, but we’re not fans of this high-yielder.
Diageo Reports a Strong Fiscal Year
Spirits maker Diageo reported a strong fiscal year 2012, but we aren’t chasing shares at these prices.