Mar 09

The good times are around the corner! That was the message from Bank America CEO during the company’s first investor conference since 2007.

Bank Of America Profit Forecast & Prediction.

The chief executive of Bank of America has forecast and predicted pretax earnings of $35bn-$40bn a year once its businesses recovered from the financial crisis.

Why Bank of America stock may be set for Growth

Bank of America stock is currently trading at $14. Last year profits were around $11 billion. If the company delivers in it’s promise of growing profits 3 fold, then the stock could be set for a massive upswing.

The CEO, Brian Moynihan had a sweetener for shareholders, he said BofA aims to pay out 30 per cent of its annual earnings in dividends.

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Oct 17

The latest information on Soybeans is that demand continues to out pace supply. For commodity traders interested in Soybeans all indications are Soybeans price trend on a Soybeans price chart show an upswing.

Factors Driving the Rise in Soybeans Prices.

  1. Demand remains strong, especially from China
  2. concerns about the future Brazilian harvest, tighter supply.
  3. Rise in price of corn. farmers are using more land for corn because its more profit. This will further reduce Soybeans supplies

Source businessweek article.

With these factors in mind it is easy to understand why many commodity analysts forecast / predict the price of Soybeans will rise.

written by Constantine Njeru \\ tags: , , , , , , , ,

Aug 09

I was reading the 2010 annual report by News Corp, The company reported an annual profit of $2.5 billion.

Highlights from the News Corp annual results.

Film Entertainment Division

This continues to be a cash cow for News Corp, Driven by blockbusters such as Avatar.

Television

Television advertising is on upswing

Cable Television

Fox News is loved and hated in equal measure but FOX News Channel continues to outperform CNN, MSNBC and CNBC combined in total viewers for both prime time and total day. And where the views go, advertisers follow.

European Satellite TV.

The company has a stronghold on EPL TV rights. This has given it a virtual monopoly on UK Pay TV Market.

Newspapers

In a world where most newspapers are going out of business. News Corp seems to be doing well. Thanks to its owning market leading publications in markets where they operate.

Myspace

The advertising deal with google is up for renewal and the management is realistic to admit they expect a less generous offer. The management of the site is still tinkering with it to find a formula that will work.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , , , ,

Jul 09

Warren Buffet is having a look at how his company, Berkshire Hathaway is performing and is convinced the US economy is on the upswing.

In  a 2010 yahoo finance and huffington blog interview the famous investor was quoted saying : -

The stimulus is working

If you feel the massive stimulus is not working for you, Buffet may disagree

“We’re hiring,” he adds, referring to many of his Berkshire Hathaway companies.

Buffet then painted a sunny picture for the US economy

The stimulus is working and the economy will improve in the next 2-3 years.

If you doubt Warren Buffet predictions Just remember his nick name is the Oracle of Omaha

To watch the full interview visit yahoo finance

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , ,

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