Brookfield Asset Management reports Q2 profits..

On Friday 7th August, 2015, the Toronto, Canada based company Brookfield Asset Management (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) reported $1.2 billion net income, or 0.62 per share. Net income for the six months increased by 10% to $2.6 billion and on a last twelve months (“LTM”) basis, increased by 15% to $5.4 billion. Funds

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Amgen Inc. reported positive quarterly results.

Amgen Inc. (NASDAW: AMGN) reported positive Q2 results on June 30, 2015. Total revenue increased by 4% to $5.4 billion and EPS by 8% to 2.57. The company generated $2.7 billion of free cash flow as compared to $2.1 billion for the same period in 2014. Adjusted net income grew by aprox. 8% to $1.9

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Waters Corporation posted positive quarterly results.

Waters corporation (NYSE: WAT) posted increased EPS of 1.27 for Q2 2015 compared to 1.13 for the same quarter last year. Non-GAAP basis EPS reported 8% increase to 1.32 as compared to 1.22 for same quarter last year. Sales grow by 3% to $495 million as compared to $482 million in Q2 2014. Due to

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Yelp poor quarterly reports plunged its stock to yearly lowest…

On Tuesday, July 28, 2015 Yelp Inc. (Nasdaq: YELP) reported negative EPS of (0.02) with a quarterly loss of $1.3 million. The company declared profit of $2.3 million with EPS of 0.09 last year for same quarter. YELP stock touched 53 weeks low on Wednesday morning trading session. Company reported roughly 3% declination in unique

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Electronics for Imaging ( EFI ) posts record Q2 earnings…

Electronics for Imaging (NASDAQ: EFII), a provider of customer focused digital printing solutions, posted record earnings for quarter ended on July 20, 2015. The company reported second quarter record revenue of $207 million up by 5% compared to previous quarter with 0.32 EPS which is 0.01 higher than previous quarter. Non-GAAP net income was $22.9

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NuStar Energy Q2 Earnings fall below the analyst expectations

On July 24, NuStar Energy, a St. Antonio based company reported weaker earnings of $570.5 million below the last year earnings of $749.8 million. The company reported EPS 0.54 which is 4 cents lower than last year’s EPS of 0.58.     Sources: Nasdaq. 807 total views, 5 views today

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Recommendations – June 2016

EQUITIES TSX: CM (CIBC, Canadian Imperial Bank of Commerce) NASDAQ: AAPL (Apple Inc.) NASDAQ: ATVI (Activision Blizzard Inc.) NYSE: AXP (American Express) NYSE: MA (Master Card Inc.) NASDAQ: SNPS (Synopsys) TSX: VSN (Veresen Inc.) HKG: 0215 (Hutchison Telecommunications HK Hld Ltd.) HKG:0043 (C. P. Pokphand Co. Ltd.) – BUY/HOLD HKG:1288 (Agricultural Bank of China Ltd.)

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