Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Retail Card Spending for June increased 0.1% monthly and 1.9% annualized. Forex traders can compare this to New Zealand Retail Card Spending for May, which rose 1.8% monthly and 0.7% annualized. Japanese Machine Orders for May decreased 5.6% monthly and increased 7.4% annualized. Economists predicted a drop of 5.5% and a rise of 5.8%. Forex traders can compare this to Japanese Machine Orders for April, which surged 10.8% monthly and 19.0% annualized. Japanese M3...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of electronic company HP -- not to be confused with cloud company HP Enterprises -- appeared in Warren Buffett's stock portfolio this spring. In a regulatory filing, Berkshire Hathaway said it acquired more than 11 percent of HP stock, which is valued at nearly $3.8 billion. However, the consumer electronics industry has been in trouble lately, and shares of the slow and steady HP are down about 15% this year. Where will HP be in a few years? And should you follow...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola stock is up 6.3% in the first half of 2022, according to S&P Global Market Intelligence, as the beverage maker is handling the inflation-ridden market with skill. By comparison, the S&P 500 index fell 20.5%, finding itself in a bear market. Not like other consumer goods companies, the strength of Coca-Cola's brand value has allowed the beverage's owner to increase prices to counteract its costs without much damage to sales. CEO James Quincy told...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for June is predicted to show 268K job additions and an unemployment rate of 3.6%. Forex traders can compare this to the US NFP Report for May, which showed 390K job additions and an unemployment rate of 3.6%. Private Payrolls for June are predicted to show 240K job additions and Manufacturing Payrolls 15K job additions. Forex traders can compare this to Private Payrolls for May, which showed 333K job additions, and Manufacturing Payrolls, which showed 18K job...
Source: PaxForex Premium Analytics Portal, Fundamental Insight As the second quarter draws to a close, it's time to look at what results industry giant 3M can report and what investors can expect from the company before the end of the year. Given the breadth of the company's impact on the economy and its size, management's comments and results are likely to be of interest to a wide range of investors. The company faces a tough year, and as mentioned, several whether a 4.6% dividend yield is reason enough to buy the stock - not...