Source: PaxForex Premium Analytics Portal, Fundamental Insight There is no denying the fact that 3M stock has been under significant pressure lately. Yes, the stock still looks undervalued over the long term, but that depends on management meeting its turnover goals. The good news is that the company has a strong enough financial foundation to do so and is actively pursuing change. The bad news is the following: There isn't enough serious indication that the restructuring is having a meaningful influence, and the forthcoming first-...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Industrial Production for March decreased by 1.7% monthly and increased by 7.6% annualized. Economists predicted an increase of 2.2% and 3.0%. Forex traders can compare this to Singapore Industrial Production for February, which increased by 1.5% monthly and 16.5% annualized. US Preliminary Durable Goods Orders for March are predicted to increase by 2.5% monthly, and Durables Excluding Transportation are predicted to increase by 1.6% monthly. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola, just like most others, has suffered a pandemic in its category, which in a normal year brings in half of its total sales, has fallen sharply. But after four quarters of falling sales, revenues turned positive in the first quarter of 2021 (ended April 2). Lockdowns are mostly behind us, and people are slowly leaving their homes again. The pandemic has exposed some gaps in the company's model, and it has restructured accordingly. So, will Coca-Cola be able to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese National CPI for March increased by 0.2% monthly and decreased by 0.2% annualized. Forex traders can compare this to the Japanese National CPI for February, which increased by 0.1% monthly and decreased by 0.4% annualized. The Japanese National Core CPI for March decreased by 0.1% annualized. Economists predicted a decrease of 0.1%. Forex traders can compare this to the Japanese National Core CPI for February, which decreased by 0.4% annualized. The Preliminary...
Source: PaxForex Premium Analytics Portal, Fundamental Insight International Business Machines did not disappoint analysts and experts when it reported its first-quarter earnings earlier this week. The century-old technology giant recovered the revenue growth and exceeded both top-and bottom-line analyst estimates. A strong increase in cloud computing and solid mainframe performance contributed to that. Today, we take a look at a few key points from IBM's financial report to help assess the company's current situation. IBM...
