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Housing Expansion Continues

Housing Expansion Continues

“Davidson” submits: Reported this morning were New Home sales with Monthly Supply of New Homes for Sale at 5.8mo. Couple this to last week’s NAHB HMI(Housing Market Index) and one can see that the housing sector continues to expand. For […]

Ares and Kayne Mutually Agree to Terminate Merger Agreement

LOS ANGELES–(BUSINESS WIRE)–Ares Management, L.P. (NYSE:ARES) and Kayne Anderson Capital Advisors, L.P. (“Kayne”) announced today that both parties have mutually agreed to terminate their definitive merger agreement. “Kayne is uniquely well-positioned to take advantage of the markets we are in […]

T-Mobile Misses Earnings Estimates Widely

T-Mobile Misses Earnings Estimates Widely

T-Mobile released the results from its third fiscal quarter before opening bell this morning, posting  earnings of 15 cents per share on $7.8 billion in revenue, a 7% year over year increase. Analysts had wanted to see earnings of 30 […]

Pfizer Beats, Ford Misses Estimates

Pfizer Beats, Ford Misses Estimates

Ford and Pfizer released their latest earnings reports before opening bell this morning. Pfizer reported earnings of 60 cents per share on $12.1 billion in revenue, a 2% year over year decline. Analysts had been expecting earnings of 51 cents […]