When Proctor & Gamble (PG) reports their fiscal Q4 results in early August the company will likely print an eps decline of 10% for fiscal year 2016 with a 15% sales decline. The expected $65 …
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In the long run, equities are the best investment. That market adage has held true in the U.S. for the past century, as the U.S. stock market has offered positive returns on almost every rolling 20 …
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Back on November 20th, we did a Deep Dive post on MELI, with the following conclusion: In sum, the macro risks for Latin America are well known, and MELI has grown admirably in spite of …
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Procter and Gamble lowered its earnings guidance for 2014 with a statement after the close yesterday: The Company lowered its guidance for all-in sales and all-in earnings growth to reflect the increased impact from foreign …
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Continuing on the theme of fallen leaders, MercadoLibre has fallen from a high of $145.99 on October 22nd, to a close of $108.61 yesterday. That’s a 25% drop in less than a month. MELI had …
Continue readingAmid a very weak first half of 2013 for Latin American markets, MercadoLibre is one of the few positive standouts this year. MELI is a $5 billion market cap Latin American marketplace site (a la …
Continue readingArgentina is close to defaulting on its dollar-denominated debt. Again. It defaulted in 2001, in what was then the largest sovereign default in history (now surpassed by Greece). After a very interesting set of court …
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