January 31, 2024 Fourth-Quarter 2023 Performance Full-Year 2023 Highlights Cash Flow and Balance Sheet (Fourth Quarter) Segment Results for the Fourth Quarter A.Software B.Consulting C.Infrastructure Cash Flow and Balance Sheet (Full Year) Full-Year 2023 Results Full-Year 2024 Expectations Commentary: “In the fourth quarter, we grew revenue in all of our
January 30, 2024 McKinsey & Co takeaways from the WEF Davos Conference. The McKinsey citations are listed below: Speed is crucial to outperformance: Leaders in fast-moving organizations report higher operational resilience, financial performance, growth, and innovation than their peers in slow-moving companies. Cooperation and competition can coexist: Leaders can practice
January 30, 2024 Revenue: $62.0 billion, an increase of 18% (16% in constant currency) from the previous fiscal year. Operating income: $27.0 billion, a 33% increase (25% non-GAAP, 23% in constant currency). Net income: $21.9 billion, a 33% increase (26% non-GAAP, 23% in constant currency). Diluted earnings per share: $2.93,
January 29, 2024 The charge card industry remains robust, defying recession concerns as Visa (V) and American Express (AXP) report substantial growth in payment volume and processed transactions. Visa (V): Net Revenues: $8.6 billion, a 9% increase. Net Income: GAAP $4.9 billion, or $2.39 per share; non-GAAP $4.9 billion, or
January 8, 2024 On January 7, Alaska Airlines, flying a Boeing 737 Max 9, suffered a mid-flight blowout of a door panel while climbing to 16,000. Consequently, the US regulator has grounded all such planes pending investigation. Other regulators are sure to follow. With Wall Street analysts having issued 18
January 8, 2024 Introduction: The World Economic Forum (WEF), colloquially known as the Davos group, presents itself as a forum for global thought leaders and decision-makers to discuss and promote environmental, social, and corporate guidance (ESG) solutions. However, a closer look reveals concerns from billions of people worldwide who fear
January 4, 2024 In our markets, short-selling has always been a topic of debate. While I view it as a mechanism for price discovery and market efficiency, I know short-selling is also a tool for manipulation and abuse. One form of short selling, known as naked short selling, has always
December 28, 2023 Recently released on Netflix, “Bank of Dave” profoundly impacted me when Pat and I watched it tonight. This critically acclaimed film delves into our financial system, compelling us to reassess our trust in traditional banking institutions. At its core, the movie delivers a crucial statement that captures
December 22, 2023 Bruce Kaser of Cabot Wealth NETWORK wrote a highly informative article on the PEG ratio that is worthy of consideration by all students of the market. Here is a summary of the article: PEG Ratio Overview: Frequently used but can lead to wildly incorrect valuations. Compares a
December 19, 2023 Investing in a natural resource company shares core principles with any other company investment—finding quality and allocating funds for income or capital appreciation. However, the distinct nature of natural resources introduces challenges due to fluctuating monetary asset prices. Understanding Natural Resources Natural resources encompass chemicals, construction materials,
Input your search keywords and press Enter.
