The stock market has shifted its focus to the first-quarter earnings season. Based on early expectations, it will be an ugly quarter for U.S. companies, specifically the multinationals. Expect Continued Disappointment for Rest of First-Quarter Earnings Season A few weeks ago, we received some hints that the first-quarter…
The global airline sector is probably at its brightest point in history, having seen a significant improvement following the effects of 9/11 that nearly killed the industry. The factor that’s pushing up the airline sector has been the renewal in the global economy, particularly the massive buildup of…
A lot of earnings results from multinational corporations revealed improving growth in the international markets, including Asia and, surprisingly, Europe. But one company just reported the reverse and its first-quarter numbers were excellent based on strong domestic demand for its products. Cummins Inc. (CMI) hit it out of…
The eurozone and Europe are showing progress in finally getting out of their dismal multiyear double-dip recession; however, the uncertainties and hostilities unfolding in the Crimea region of Ukraine, which are threatening to escalate, could put a damper on the economic renewal in Europe. With the recent vote…