MasterCard Incorporated (MA) reported earnings on Thursday that beat expectations. The numbers came in with revenues up 25% to $1,246 million for the quarter and pro-forma earnings of $2.11. The earnings number beat the consensus estimates by $0.09 and yet the stock was off more than 10% during the trading session.
When looking deeper into the […]
After months of trading sharply lower, July saw stocks like Lehman Brothers Holdings Inc. (LEH) and Bank of America Corporation (BAC) trade 80% higher over the course of just over a week. At the same time, energy names that had previously been solitary harbingers of strength (Goodrich Petroleum Corporation (GDP) or Chesapeake Energy […]
Shares of The Blackstone Group L.P. (BX) have had more than their share of volatility since pricing their IPO at $31.00 in June of 2007. At the time, the deal was surrounded by criticism as Stephen Schwarzman the CEO pocketed one of the largest windfall profits in business history (not to mention the fact that […]
At the risk of beating a dead horse (and possibly angering some readers that really like the stock) I’m going to have to reiterate my negative opinion of Chipotle Mexican Grill, Inc. (CMG). As a disclaimer I want to point out that my fund made some great returns last year holding the stock long, and […]
