SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (51234)1/22/2015 9:06:14 AM
From: E_K_S  Read Replies (2) | Respond to of 67867
 
Re: ECB stimulas

Any indication from the charts that reflect the announced ECB stimulas. Like the Fed's QE I believe it will rally the equity markets in the EU and of course we are seeing the bond rally in many of the EU states. Maybe the thing to watch is the currency as eventually when these settle out, that will impact the long term price of equities.

FWIW, I bought a few stocks yesterday w/ exposure to more global markets, specifically Europe. They include TAL and AGCO. Both small buys but I have avoided any investments in the EU because of their very weak economy.

EKS



To: Johnny Canuck who wrote (51234)1/22/2015 2:59:58 PM
From: Johnny Canuck1 Recommendation

Recommended By
Return to Sender

  Respond to of 67867
 
Big profits, big layoffs: eBay, AmEx to cut jobs
Yahoo Finance
By Joe Belfiglio 3 hours ago

?
?
?
?

Big layoffs are coming for some big companies. eBay (EBAY) announced that it will layoff 2,400 people, about 7% of its workforce before April. This, after reporting a 10% increase in profits last quarter. American Express (AXP) also says it will cut 4,000 jobs, or 6% of its work force, despite an 11% rise in fourth quarter profits.

Yahoo Finance Senior Columnist Mike Santoli says the layoffs are a result of shareholder pressure to maintain growth and revenue. “American Express and eBay are in a situation where they're basically not fast growth businesses but rather ones that investors are demanding keep the profit margin up.”

For eBay, the cuts come as the company is restructuring. In September, eBay announced they would spinoff online payment service PayPal-- a move the company hopes will allow each unit to focus on individual services and also open up the opportunity for a potential sell.

Get the Latest Market Data and News with the Yahoo Finance App

Santoli says layoffs are part of the productivity religion that corporate America believes in. “I’m reminded of the 1990s when essentially you had great growth. Corporate America did wonderfully well and every single year big companies were restructuring. They were trimming down constantly. That’s the way they are built. They are proud to run lean and they're not proud to add head count.”

Even with unemployment dropping and new jobs being created, wages remain stagnant, struggling to keep pace with inflation. Thousands of layoffs may also put downward pressure on wage growth.

Santoli doesn't see a sudden spike in wages coming anytime soon. “This vigil for wage inflation to really catch fire is probably going to go on. It’s not really going to happen. The whole corporate psychology is built to keep it this way.”

Santoli thinks jobs numbers will keep growing but they won’t necessarily come from big multi-national companies. “You have exuberant head count growth in young technology companies and various areas of retail. That’s still going to happen. That always happens in the economy here. It’s really the big companies saying we have to keep margins up and how are we going to do it.”