Morningstar submits: By Elizabeth Collins Several themes emerged as chemicals and agriculture companies reported earnings for the second quarter of 2010. We have highlighted the most important trends below.Complete Story »
Tom Armistead submits:KMG Chemicals (KMGB) recently reported 4th quarter and full year earnings for its 2010 fiscal year, ending 7/31/2010. The full year earnings were a record, at 1.34, but the 4th quarter, while it reflected strong revenues, also had below average margins. The stock ran up prior to earnings, to 15.00, but has been as low as 13.69 since reporting.
Hans Wagner submits:
To the surprise of many, the first quarter 2010 earnings for many S&P 500 companies are beating estimates, and some substantially so. If this is an indication of greater strength in the economy, does this mean that the market rally will continue?Analysts are behind the curve in raising their earnings estimates during the recovery.
The investment environment is changing at a rate that's representative of global economic imbalances, fund flows, and geopolitical risks. We believe this decade will continue to witness greatly increased volatility and instability in the economies of the world and the global financial system. Very few past models are still valid (and most have been proved 'empirically' in real-time to be entirely fallacious). Such a situation has contributed to the extreme uncertainty that currently prevails.