Subject: Introducing Rover's Weekly Market Brief

Clear Skies Ahead for Boeing | View this email in your browser
 
           
 
 
Rover's Weekly Market Brief
Rover

Indices

Dow Jones: 17,910 (+1.4%)

NASDAQ: 5140 (+1.7%)

S&P 500: 2099 (+1.0%)

Commodities

Crude Oil: 44.46 (-4.1%)

Gold: 1109.5 (-2.89%)

Coffee: 117.75 (-2.6%)

Markets

Facebook (FB) beat estimates by $0.05 and had a Q3 EPS of $.057. Revenues for the social media giant rose 40.5% from its third quarter 2014 earnings. It reported a diluted EPS of $0.31. The number of daily active users (DAUs) rose 17% year over year while Mobile DAUs rose 27% year over year.


Celgene (CELG) reported a 2015 Q3 product sales increase of 18% from the 2014 Q3 driven by Revlimid. However, it reported a loss of $0.04 per share citing rising costs due to collaboration expenses with Juno Therapeutics and its acquisition of Receptos.


Walt Disney (DIS) reported a 9% surge in revenue for 2015 Q4 year over year. Annual Net Income rose 12% to $8.38 billion while annual diluted EPS rose 15%. The Consumer Products and Studio Entertainment segments of the company saw the largest annual growth rates (operating income) with 29% and 27% rise respectively.


The SEC approved new rules for startup investing that would allow people who are not accredited investors to take ownership stakes in startups. The new rules will regulate crowdfunding and enable small investors to get in on the ground floor of startups.

Economy

Interest-rates-hike expectations rose this week after Janet Yellen said rate increases are a “live possibility” but stressed that no decision has been made. Treasury yields, especially on Two Year Treasury Notes, went up as a result of Yellen’s statement while prices fail.


Crude oil (CL1) prices climbed to over $48.30 but come back down to $46.53 per barrel. According to Energy Information Administration (EIA), US commercial crude oil inventories increased 2.8 million barrels from the previous week.


Jobless claims shot up the week of October 31 but overall remain at very low levels. Data released on Thursday shows that unemployment insurance claims rose 16,000 during the week of October 31 but overall stand at 276,000. Employment data released on Friday showed that Nonfarm payrolls rose by 271,000 against expectations of 190,000; signaling a strong economy.

Next Week's Earnings Calendar

Mon
DISH
PCLN
Tues
VOD
NGG
Wed
M
TCEHY
Thurs
CSCO
MKGAF
Fri
JCP
EADSF
 
 

Clear Skies Ahead for Boeing

 
SR Markets

After a strong Q3 performance, Boeing (BA) is optimistic that their favorable results will carry into Q4 and 2016. The firm's strong operating cash flows have allowed them to return nearly $8 billion to shareholders via dividends and share repurchases through the first three quarters of 2015. The 787 Dreamliner is nearing profitability.

 
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The Fall of Bill Barrett Corporation

 

The story of Bill Barrett Corporation (BBG) is cautionary tale about the importance of doing your own due diligence as an investor. At its height, BBG traded as high as $60.43 but those days are long gone. At its lowest, BBG has gone as low as $2.92. Read on to see why we emphasize doing your own due diligence at Stock Rover.

 
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What do you think of the new newsletter format? We will be sending you Rover's Weekly Market Briefing every Saturday to recap the week's news in the Market. Let us know what you think!

Wishing you a productive week,

The Stock Rover Team

www.stockrover.com

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