Income Research TeamIncome Research Team


Adidas Kicks It Up

[cfsp key=”video-roll-in”] Things look bad for sneaker and athletic wear designer, Adidas (ADS.DE), which recently released a warning on 2015 growth and is trimming its gross margin targets for next year. Yet, despite the fact that Adidas is struggling to keep pace with Nike (NKE), 2014 third-quarter results were broadly in line on a global...

Coach’s Profit Takes a 45% Hit

http://wallstreetdaily-1.wistia.com/medias/ab0t5uyexn?embedType=seo&videoFoam=true&videoWidth=530 A new line of bags found its way into Coach (COH) stores last month (thanks to its new creative director). But it wasn’t soon enough… Coach’s first-quarter sales took a hit. In fact, its profit fell by nearly half as North American comparable sales fell for the sixth consecutive quarter. As devastating as this...

European Summer Dampens Heineken

http://wallstreetdaily-1.wistia.com/medias/gr2zygy7o2?embedType=seo&videoFoam=true&videoWidth=530 The rain poured in Europe this past summer, but that’s not the only thing it’s diluted… The world’s third-largest brewer, Heineken (HEINY), handed in Q3 numbers, and they aren’t very refreshing. Thanks to a wet summer in Europe, consumers drank less of the Dutch brewer’s beverage. Just at open, shares were hit and remain...

Pepsi’s True Move to E-Commerce

http://wallstreetdaily-1.wistia.com/medias/2gcqaz3hu9?embedType=seo&videoFoam=true&videoWidth=530 Just yesterday, Pepsico, Inc. (PEP) announced its latest soft drink: Pepsi True. There are a few things that make this new beverage so unique. For starters, it won’t exactly be coming to a store near you. You see, given its plummeting soda sales, Pepsi made a strategic decision to launch its new stevia-sweetened product...

Unsurprisingly, Apple Hits $100 a Share

http://wallstreetdaily-1.wistia.com/medias/aws806gnmk?embedType=seo&videoFoam=true&videoWidth=530 For the first time in history, the S&P 500 hit the 2,000 level yesterday – a huge milestone for the markets, indeed. Though the S&P was unable to sustain the 2,000 level, the storied benchmark still managed to close at a record high. It’s certainly great news, as the market has bounced back quickly...

How Income Inequality Sabotages the Economy

http://wallstreetdaily-1.wistia.com/medias/dfixfhf9b6?embedType=seo&videoFoam=true&videoWidth=530 An increasing gap between the “Haves” and “Have Nots” has economists and analysts concerned about the state of America’s economy. There’s nothing new about income inequality. But what is particularly concerning is how it’s skyrocketed in the years after the Great Recession. Wages have stagnated on the low to middle end, while asset values...

Do World Cup Defeats Affect Stock Markets?

http://wallstreetdaily-1.wistia.com/medias/ccnpb0dcpg?embedType=seo&videoFoam=true&videoWidth=530 It seems as though just about everyone around the globe has been glued to their TV screens at home or at nearby pubs, cheering on their teams in this year’s World Cup. These fans have waited four years for this moment. A win could cause a huge celebration, but what about a loss? Could...

Total Recall: Has GM Ever Produced a Non-Defective Car?

http://wallstreetdaily-1.wistia.com/medias/lkbb5ri5e5?embedType=seo&videoFoam=true&videoWidth=530 The year of 2014 isn’t even halfway over, and General Motors (GM) has already recalled more than twice as many cars as it sold in all of 2013. This week, the automaker was slammed for its “culture of secrecy.” For years, top executives were kept in the dark about a deadly ignition switch defect....

Apple’s Tax Avoidance Draws Scrutiny

http://wallstreetdaily-1.wistia.com/medias/f9ty1sjr5h?embedType=seo&videoFoam=true&videoWidth=530 Do you avoid taxes? Well, if you do… congratulations! You see, tax avoidance is the legal minimization of tax liabilities. Tax evasion, on the other hand, is illegal. As it turns out, large multinational companies are coming under increased scrutiny for their tax strategies. Are they paying too little? Apple (AAPL) and Starbucks (SBUX)...

GlaxoSmithKline Catches Heat With Fraud Charges

http://wallstreetdaily-1.wistia.com/medias/n16fn7gd4p?embedType=seo&videoFoam=true&videoWidth=530 The pharmaceutical industry has certainly been dramatic lately. Pfizer’s (PFE) courtship of AstraZeneca (AZN.L) lit up the headlines and provided some entertainment. AstraZenaca spurned Pfizer for a third time, even after an eye-popping $117-billion proposal. This time, Pfizer may not be coming back with a sweetened offer. The company has said it will focus...