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Kamis, 31 Desember 2015

WHERE ARE THEY NOW? The players drafted before Stephen Curry in the 2009 NBA Draft

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Sports Select
 
December 31, 2015
WHERE ARE THEY NOW? The players drafted before Stephen Curry in the 2009 NBA Draft WHERE ARE THEY NOW? The players drafted before Stephen Curry in the 2009 NBA Draft

Stephen Curry is arguably the greatest basketball player in the world... Read»
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NFL WEEK 17: Here are our official picks for who wins this weekend
NFL WEEK 17: Here are our official picks for who wins this weekend
It's New Year's Eve and there are bowl games to be watched so I'm...  Read»
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The Philadelphia Eagles fired Chip Kelly and apparently players got the news on Twitter
The Philadelphia Eagles fired Chip Kelly and apparently players got the news on Twitter
VIDEO: In a surprising move, The Philadelphia Eagles fired head coach Chip Kelly during his third season.    Read»
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Why the Eagles fired Chip Kelly
Why the Eagles fired Chip Kelly
Well, that was unexpected! The Philadelphia Eagles abruptly fired head...  Read»
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Knicks forward Cleanthony Early shot in knee during holdup
New York Knicks forward Cleanthony Early was shot in the knee early...  Read»
How Tiger Woods makes and spends his millions
VIDEO: The former #1 golfer in the world lives lavishly.  Read»
NBA POWER RANKINGS: Where all 30 teams stand going into 2016
Heading into 2016, it's been somewhat of an unpredictable start to the...  Read»
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Get ready for a crappy Q4 earnings season

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Get ready for a crappy Q4 earnings season

As 2015 comes to an end, so does Q4. And that means corporate America will announce the financial results of their fourth quarter in a few weeks.

According to FactSet, earnings for the S&P 500 is expected to have fallen 4.7% during the final three months of the year.

"[I]t will mark the first time the index has seen three consecutive quarters of year- over-year declines in earnings since Q1 2009 through Q3 2009," FactSet's John Butters observed.

The warnings for weak earnings have been telegraphed for quite a while. But the expectations seem to be only getting worse. Estimates for Q4 earnings having been coming down in recent weeks, largely due to the persistent weakness in the prices for commodities like oil.

Earlier Thursday in related news, RBC's Jonathan Golub came out and hacked his forecasts for the stock market in 2016, which he had initially published just a month ago.

"Since that time, WTI has fallen by nearly 10% and bottom-up analyst estimates for 2016 have fallen by 1%. Further, economic trends have softened, with the November ISM at 48.6, well below the 53.7 average of the past 3 years."

All of this is a bit unnerving as streaks of falling earnings are usually associated with recessions.

The ongoing hope is that this will be one of those stock market earnings recessions that are able to avoid US economic recessions. Analysts are optimistic that earnings will resume growth quickly as headwinds like falling commodity prices and the strengthening dollar fade.

For now, we'll wait a few weeks and see what the corporations have to say about what happened and what they expect for the future.
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The Obama administration is playing a 'game of whack-a-mole' with Iran

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Politics Select
 
December 31, 2015
The Obama administration is playing a 'game of whack-a-mole' with Iran The Obama administration is playing a 'game of whack-a-mole' with Iran

The Obama administration is planning a new round of sanctions against... Read»
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25 ways the world changed in 2015
25 ways the world changed in 2015
Last year was a year to remember: Three countries ruled...  Read»
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Texas 'affluenza' teen and his mom were tracked after ordering Domino's Pizza
Texas 'affluenza' teen and his mom were tracked after ordering Domino's Pizza
VIDEO: Texas teenager Ethan Couch and his mother have been caught in Puerto Vallarta, Mexico after ordering Domino's pizza from one of their phones.  Read»
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This is the reason why Greek beaches aren't seeing their usual average of 2,000 daily refugees right now
This is the reason why Greek beaches aren't seeing their usual average of 2,000 daily refugees right now
The United Nations refugee agency (UNHCR) confirmed today that more...  Read»
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President Obama is laugh-out-loud funny on Jerry Seinfeld's web show about cars and coffee
President Barack Obama is legitimately funny as the first guest of the...  Read»
Police and soldiers allegedly had an orgy during the Brussels terror lockdown
While Brussels was in lockdown in the hunt for terrorist suspects in...  Read»
Jeb Bush: 'Donald Trump is in fact a creature of Barack Obama'
Former Florida Gov. Jeb Bush (R) said Wednesday that President Barack...  Read»
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Jeb Bush releases sarcastic New Year's ad mocking Donald Trump's most 'unhinged' moments
Jeb Bush releases sarcastic New Year's ad mocking Donald Trump's most 'unhinged' moments
Former Florida Gov. Jeb Bush (R) used the upcoming New Year's...  Read»
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Head of NYPD tells predecessor to 'man up' amid feud over crime stats
Head of NYPD tells predecessor to 'man up' amid feud over crime stats
New York City's police commissioner is waging a war of words with his...  Read»
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'Bing, bing, bing': Donald Trump acts out hair products in order to mock climate scientists
'Bing, bing, bing': Donald Trump acts out hair products in order to mock climate scientists
During a Wednesday campaign speech, real-estate mogul Donald Trump...  Read»
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Prosecutors want to charge the Texas 'affluenza' teen as an adult — here's what that means
Prosecutors want to charge the Texas 'affluenza' teen as an adult — here's what that means
Texas teen Ethan Couch was apprehended in Mexico Monday after fleeing...  Read»
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See Also
Brutal Daily News front-page editorial puts the Bill Cosby accusations into perspective
Brutal Daily News front-page editorial puts the Bill Cosby accusations into perspective
An editorial in the New York Daily News blasted Bill Cosby as...
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Authorities tracked the Texas 'affluenza' teen to Mexico from a phone call to Domino's Pizza
Authorities tracked the Texas 'affluenza' teen to Mexico from a phone call to Domino's Pizza
Texas teen Ethan Couch was tracked to Mexico based on a phone call made...
  Read»  
Obama has a great explanation for why politics is like football
Obama has a great explanation for why politics is like football
President Barack Obama was the latest guest on Jerry Seinfeld's web...
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How a political battle could thwart prosecutors' efforts to convict Bill Cosby of sexual assault
How a political battle could thwart prosecutors' efforts to convict Bill Cosby of sexual assault
Bill Cosby was charged Wednesday with sexual assault in Pennsylvania...
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