Friday, February 28, 2014

Morning Journal--More on China's financial problems

News on Stocks in Our Portfolios
·         Medivation, Inc. (MDVN): Q4 EPS of $0.03 beats by $0.11.
·         Revenue of $96.6M (+160.0% Y/Y) beats by $23.92M.

·         Western Gas Partners, L.P. (WES): Q4 EPS of $0.56 beats by $0.10.
·         Revenue of $290.62M (+36.5% Y/Y) beats by $17.82M.

Economics

   This Week’s Data

            The February Kansas City Fed manufacturing index was reported at 4 versus expectations of 2.

            Revised fourth quarter 2013 GDP came in at +2.4% versus forecasts of +2.5%; the GDP price index was up 1.6% versus consensus of up 1.3%.

   Other

            Public debt---both sides of the ledger (I would like to know what is in his public asset calculation):

            More on the Chinese financial problems (medium):

            Rome on the verge of bankruptcy (medium):

Politics

  Domestic

The next iteration of Obamacare (medium):

  International

            The latest from Ukraine:
                        http://www.nytimes.com/2014/03/01/world/europe/russia-ukraine.html?_r=0


No comments:

Post a Comment