Lennox International Inc. (LII), a global leader in the heating, air conditioning, and refrigeration markets, today reported that revenue for the second quarter was up 8% to a record $1.102 billion FINANCIAL HIGHLIGHTS Revenue: UP 8% to $1.102 billion Gross
July 24, 2017
Part of “reflation” was always going to be banks making more money in money. These days that is called FICC – Fixed Income, Currency, Commodities. There’s a bunch of activities included in that mix, but it’s mostly derivative trading books
Several hours before the US stock market opened on Monday, the commodity world was shaken by an unexpected surge in crude options trades, with traders noting that “someone is either moving positions, blown up or getting out of commodities. MASSIVE
We are on watch for a peak in this short-term uptrend. This failed break out for the Transports is a bit worrying, but so far not too much damage has been done. The bullish percents continue to support the market
All eight indexes on our world watch list have posted gains for 2017 through July 24. The top performer thus far is Hong Kong’s Hang Seng with a gain of 22.03%, followed closely by India’s BSE SENSEX at 21.10%. In
The “peak demand” hypothesis is the idea that demand for oil will peak as alternatives to oil become widespread. The notion that peak demand will happen within the next few years – and that EVs will be the primary driving
Construction starts rose four percent in June according to the Dodge Index of New Construction. For the second quarter, construction starts are down substantially. The overall trend is also down, indicative of a mature market. New construction starts in June grew
Stocks end the day quiet has all eyes are on the earnings announcements this week. In fact the handful of stocks that make up 38% of the S&P are reporting this week. Watch this video to find out what to
Gold prices are slightly lower in afternoon New York trading, suffering from a bounce in the U.S. dollar index. XAU/USD hit the highest level in nearly 4 weeks earlier but the expected resistance at $1259 kicked in and blocked the bulls’ way.
Indian stock markets rose to all time high as Reliance Industries, ITC and TCS posted strong gains. At the closing bell yesterday, the BSE Sensex closed higher by 217 points. While, the NSE Nifty finished higher by 51 points led by software stocks and FMCG stocks. As the
