• EconMatters
    11/24/2015 - 14:25
    Focus on policies promoting economic growth, lower taxes, and spending tax receipts more efficiently and not on one`s sexual orientation in the bedroom.

After Hours

Tyler Durden's picture

"Devastated" Trader Crushed By Soaring Biotech, Starts Online Begging Campaign To Fund $106,000 Margin Call

"I hesitated on doing this but I literally owe Etrade $106,445.56 as of this moment what would you do if you were in my situation?"

Tyler Durden's picture

Nordstrom Plummets After Abysmal Results, Slashing Guidance

If there were any questions if the US consumer was merely "strong" or "quite strong", after the abysmal results from Macy's first, and moments ago, Nordstrom, they should all be safely swept away now.

Tyler Durden's picture

FaceBook Hits All Time High After Beating Across The Board; Over 1BN Daily Users: The Quarter In Charts

Today's most anticipated earnings report was Facebook, and moments ago the social network reported Q3 results which confirmed that while the American middle class is increasingly unable to find work, it has a lot of free time to spend on their Facebook account. Here is how it did.

Tyler Durden's picture

Valeant Tumbles After Hours As More Bad News Emerges

Just when you (and Bill Ackman) thought the worst was over,  an avalanche of insurers and pharmacies are dumping Valeant's Philidor and raising more questions about its activities. VRX is now down 16% on the day, back below the key $100 level (after touching $127 intraday).

Tyler Durden's picture

Not Even Buyback Of A Stock Can Save Camera On A Stick: GoPro Plunges To All Time Low On Earnings

In a day in which the walking dead were on the verge of going green (Twitter nearly wiped out its entire loss following last night's earnings), there was some hope that momo stocks would finally make a come back. Alas, for the company which we first dubbed "camera on a stick" it was just not meant to be.

Tyler Durden's picture

IBM Reports Terrible Q3 Earnings: Worst Revenue Since 2002; Slashes Guidance

Moments ago IBM reported what can be defined simply as abysmal results.

Tim Knight from Slope of Hope's picture

Earnings Still Matter

As we head into another earnings season, the bulls better pray to whatever pagan gods they worship that company after company magically defy the downturn that the economy is quite obviously entering.

Tyler Durden's picture

YHOO Flash-Crashes After IRS Fails To Rule On BABA Spin-Off

Well this might explain the weakness in BABA over the last couple of days as it appears 'news' of the IRS lack of decision on the tax-free-ness of YHOO's BABA spin-off leaked out. It is decidely unclear how the IRS's decision not to issue a ruling will impact the spin-off but for now YHOO shares have flash-crashed after hours and are now hovering 5-6% lower...

Tyler Durden's picture

Freeport-McMoRan Up Nearly 50% Today After Carl Icahn Goes Activist, Announces 8.5% Stake

Earlier today FCX announced that in order to save its business, it would lay off 10% of its employees, and that it now expects $4 billion in capital expenditures for 2016, down from a prior estimate of $5.6 billion. Its 2015 capital expenditure budget currently stands at $6.3 billion. The resultant surge in the company, which exploded by 30% in the regular hours, made many wonder if there wasn't more to the story. The answer is: yes, there was, and moments ago none other than Carl Icahn announced an 88 million, or 8.46% stake in the copper miner, in a 13D which said that said the company was "undervalued" and that Icahn is now seeking a board seat.

Monetary Metals's picture

Supply and Demand Report 9 Aug

It began in Dec 2008. To understand it, it is necessary to understand two principles. The first is that gold is money and the dollar is credit (which is currently worth 28.4mg gold). For the second, we emphasize it's not just price, but separate bid and ask prices.

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