Caterpillar Beats Earnings Estimates as Sales & Revenues Increase 24% YOY

Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. also works to make sustainable progress possible and contributes to driving positive change on every continent.

Caterpillar beating estimates of $2.747 per with reported earnings of $2.97 per share for the second quarter of fiscal year 2018. The company, which reported its earnings on July 30, 2018, saw its sales and revenues increase 24 percent with $14.0 billion in comparison to $11.3 billion in the second quarter of 2017.

The Machinery, Energy, and Transportation reported an operating cash flow of $2.1 billion. Caterpillar repurchased $750 million in common stock and in June 2018 the company’s board of directors authorized a quarterly dividend increase of 10 percent, raising it to $0.86 per share. Overall, Caterpillar concluded Q2 2018 with an enterprise cash balance of $8.7 billion.

Jim Umpleby, Caterpillar CEO “Caterpillar delivered record second-quarter profit per share. Our team is doing a great job executing our strategy for profitable growth, focusing on operational excellence, expanded offerings and services.”

To learn more about Caterpillar, Inc. (CAT) and to continue to track its progress please visit the Vista Partners Caterpillar, Inc. Coverage Page.

Free stock photo of landscape, sky, person, hands

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

www.caterpillar.com

Read Full Article



World Cup Ratings Rebounding

A week into the first round of the group stage of the 2018 World Cup, ratings in the US were down 44% in comparison the first round in 2014. Bloomberg even wrote that “World Cup ratings are a complete nightmare for Fox and Comcast.” Fortunately, the first week’s trend has changed.

Sweden’s June 23 loss to Germany attracted 5.4MM viewers on Fox, and is now the most-watched non-US men’s group stage game on an English-language TV in 28 years. Argentina’s win against Nigeria on June 26 also set a 28-year record for mom-US men’s third round group stage with 2.6MM viewers.

June 27, Day 14 of the 2018 World Cup’s total viewership was up 34% from the same day of the 2014 cup and 22% from Day 14 of 2010. The increase of viewers is due to huge games between Mexico and Sweden, and South Korea and Germany. At the end of the full group stage Thursday night, Fox reported that their viewership of the World Cup was up 1% overall when compared to the average of the past four World Cup’s, including the U.S. matches.

Although 1% may sound small, it beats that larger overall trend currently being seen in all live sports viewership. The NFL is seeing ratings trending downwards as well as NASCAR, Major League Baseball, college football, and even the Olympics. The PyeongChang 2018 was the least watched Winter Olympic Games ever.

Despite the trend, the large drop in viewership in the first round of group stage in the World Cup should not be shocking. It hurt Fox that the United States was not in the tournament, but factors such as a tougher time difference due to the games being in Russia and many games were on FS1, which is not as easily found as ESPN by viewers. The viewer improvement after the first round shows that the United States’ absence from the games only damage viewer interest in the early stages. Viewers are paying attention to the high stake, close games and Fox is seeing big growth in its streaming viewership. June 27 boasts the highest day for authenticated streaming viewership in Fox Sports history.

With the improvements, viewership of the World Cup is still currently down from 2014, and the large drop of viewers in the first round did cause damage that World Cup sponsors are most likely not happy about.

Brian Cristiano, CEO of the ad agency Bold Worldwides stated, “There is no way sponsors and advertisers anticipated a drop in ratings of 44%. Brands are either hoping the ratings shoot up as we get closer to the finals or they are writing requests for refunds on ad dollars. It’s not like broadcasters can just run a few make-goods on that much media.”

People at Concert

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

World Cup ratings are bouncing back after initial drop

TV ratings for the first round of the 2018 World Cup were down significantly compared to four years ago—but then they reversed course…

finance.yahoo.com

Read Full Article



Intel’s CEO Resigns, Robert Swan Steps Up As Interim CEO

Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most amazing experience possible while designing, manufacturing, and selling integrated digital technology globally.

Intel has announced CEO and Board of Directors member, Brian Krzanich’s resignation and has named the company’s Chief Financial Officer Robert Swan the Interim Chief Executive Officer, effective immediately.

The resignation comes as a result of Krzanichs past consensual relationship with an Intel employee. After an ongoing investigation by both internal and external counsel, it has been confirmed that the now former CEO was in violation of the company’s non-fraternization policy that applies to all managers. It is expected that all of Intel’s employees respect and adhere to the values and code of conduct of the company.

Intel Chairman Andy Bryant stated, “The Board believes strongly in Intel’s strategy and we are confident in Bob Swan’s ability to lead the company as we conduct a robust search for our next CEO. Bob has been instrumental to the development and execution of Intel’s strategy, and we know the company will continue to smoothly execute. We appreciate Brian’s many contributions to Intel.”

Intel’s Board of Directors has a strong succession planning process prepared and has already started the search for a permanent CEO. The search includes both internal and external candidates.

Intel is off to an excellent first half of 2018 and is currently expected to bring in a record-breaking second quarter with revenues of nearly $16.9 billion.

To learn more about Intel Corporation (INTC) and to track its progress please visit the Vista Partners Intel Corporation Coverage Page.

Yellow Sunflower Illustration

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

Intel CEO Brian Krzanich to step down, Bob Swan to step in as interim CEO

Intel CEO Brian Krzanich to step down, Bob Swan to step in as interim CEO|| 105275540..

finance.yahoo.com

Read Full Article



“Hello Volatility” Vista Partners Weekly Market Update 6-16-18

Vista Partners has published “Hello Volatility” Vista Partners Weekly Market Update 6-16-18 and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30, International and Select Emerging Growth Companies & “Investor Picks”, where we have begun to selectively add those companies/ideas that we are receiving from investors around the world.

Newsletter topics include but are not limited to the following: investing, banks, world news, entertainment & movie industry, cryptocurrencies, healthcare, biotech, mining, technology, cybersecurity, & consumer trends.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have elected to be updated each week. Please “Join us” Today!

 

 

 

 

 

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.




The Fed Raises Interest Rates As Expected

No shocker for the markets here as The Fed raised interest rates for the seventh time since the financial crisis. The new target range for interest rates increased by .25% to a new range if 1.75%-2%. This is the highest it has been since September of 2008.

All eight of the voting members of the FOMC voted in favor of this decision. The Federal Reserve has stated that in raising the benchmark interest rate, the economy is growing at a “solid” rate and improvement from the May characterization of an economy that is growing at a “moderate” rate. The Fed also cited that there has been a “strong” gain in jobs in recent months, and its data suggests that household spending has increased and fixed investments of businesses are continuing strong growth.

The change in language from the Federal Reserves May report to June report suggests that the Fed officials see monetary policy nearing its neutral rate setting, that is the rate of interest at which the economy experiences full employment and price stability, or 2% inflation.

In its most recent summary of economic projections, the Fed’s outlook for growth and inflation for this year has been raised, and the expectations for unemployment rate have decreased.

Taking a look at employment rates, the Fed officials lowered the median expectation rate for unemployment for the year from 3.8% to 3.6% in March. The rate has also been lowered from 2019 to 2020 from 3.6% to 3.5%.

The Fed now forecasts an economic growth of 2.8% in 2018, raising previous year predictions by 0.07%. The expected growth rate of the U.S. economy for 2019 is 2.4% and 2% for 2020.

Man Wearing Blue Blazer

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners!

It’s FREE to receive email updates.

Fed hikes rates, signals two more for 2018

The Fed hiked rates and updated its forecasts…

finance.yahoo.com

Read Full Article



Microsoft to Purchase Leading Software Development Platform GitHub

Microsoft Corp. (MSFT) will acquire the world’s leading software development platform GitHub for $7.5B in Microsoft stock. . The platform is used by over 28 million developers to learn, share and collaborate ideas for future software development. With the purchase of GitHub, the two companies will work to increase the enterprises of the software development platform, as well as bring tools and services to new audiences.

GitHub will operate independently and continue its developer-first mentality. Developers will still be able to take advantage of the programming languages, tools and operating systems of their choice for projects, as well as use their code for any operating system, cloud, and device.

Nat Friedman, the Microsoft Corporate Vice President, will take over the role of CEO for GitHub. The current CEO of GitHub, Chris Wanstrath will work as a Microsoft technical fellow on strategic software initiatives. The purchase is expected to close at the end of 2018.

Chris Wanstrath, current CEO of GitHub stated, “I’m extremely proud of what GitHub and our community have accomplished over the past decade, and I can’t wait to see what lies ahead. The future of software development is bright, and I’m thrilled to be joining forces with Microsoft to help make it a reality. Their focus on developers lines up perfectly with our own, and their scale, tools and global cloud will play a huge role in making GitHub even more valuable for developers everywhere.

Brown Haired Woman Wearing Dress Shirt

Microsoft to acquire GitHub for $7.5 billion

Acquisition will empower developers, accelerate GitHub’s growth and advance Microsoft services with new audiences. REDMOND, Wash., June 4, 2018 /PRNewswire/ — Microsoft Corp. on Monday announced it has reached an agreement to acquire GitHub, the world’s leading software development platform..

finance.yahoo.com

Read Full Article

 

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.




The Dow Chemical Company’s Expands Sales Effort In Eastern Canada

The Dow Chemical Company is a part of the DowDupont Holding Company (DWDP), a business that is focused on agriculture, materials science and specialty product sectors that seeks to lead their respective industries through productive, science-based innovation to meet the needs of customers and help solve global challenges.

On Thursday, May 24, 2018, The Dow Chemical Company officially opened its Eastern Canada Regional Sales Center in Toronto with a ribbon-cutting ceremony. Canadian government officials, Dow leadership, and key strategic customers were all present. The expansion in Canada will serve the company as a key commercial hub for Dow Chemical Company in Eastern Canada. Dow plans to continue its growth by adding new commercial position over the next few months.

Besides the new Toronto facility, Dow also has two manufacturing sites in Ontario. The city of Toronto was selected by Dow for its location in a strategic, dynamic market and for being an energetic, future-ready city.

Canadian Ambassador to the United States, David McNaughton stated, “Dow’s growth in Canada demonstrates the strength of our partnership. Combining American and Canadian innovation is an unparalleled opportunity for growth, in our bilateral partnership and for North America’s competitiveness in the global economy.”

To learn more about Dow and DowDuPont (DWDP) and to continue to track its progress please visit the Vista Partners DowDuPont Coverage Page.

Man in Blue Sweatshirt in the Middle of Field during Sunset

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

Dow Opens New Sales Center in Toronto to Advance Innovation and Customer Growth in Eastern Canada

..

www.dow.com

Read Full Article



New Asia Pacific Headquarters for Johnson & Johnson in Singapore

Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services.

Johnson & Johnson recently opened a new Asia Pacific Headquarters in Singapore’s Science Park. The new headquarters is characterized by a cutting-edge design lab, a leadership lab, as well as the company’s first international Johnson & Johnson Human Performance Institute.

With the Asia Pacific region being home to half the world’s population and nearly 80% of that region not having access to healthcare, Johnson & Johnson believes it has a responsibility as the world’s largest healthcare company to take on this challenge to bring accessible and affordable healthcare to this region.

The three new facilities located in the Singapore Science Park will allow Johnson & Johnson to find an innovative way to work with the regions government bodies, healthcare agencies, and academic institutions to bring training, classes, and products to the Asia Pacific region.

To learn more about Johnson & Johnson (JNJ) and to continue to track its progress visit the Vista Partners Johnson & Johnson Coverage Page.

Marina Bay Sands, Singapore

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive!
Join us at Vista Partners! It’s FREE to receive email updates.

Johnson & Johnson Opens a New Asia Pacific Headquarters

Located in Singapore’s Science Park, Johnson & Johnson?s new regional headquarters will feature a cutting-edge Design Lab, Leadership Lab and the company’s first international Johnson & Johnson Human Performance Institute. Learn more…

www.jnj.com

Read Full Article



Ten Amazing Quotes That Will Inspire You

If you are like me then you are always looking for additional inspiration daily.  So with that in mind, please see this short list of ten quotes that I hope serve to inspire and drive ideas for all in the future.
  1.  “Don’t wait until everything is just right. It will never be perfect. There will always be challenges, obstacles and less than perfect conditions. So what? Get started now. With each step you take, you will grow stronger and stronger, more and more skilled, more and more self-confident, and more and more successful.” ­- Mark Victor Hansen
  2. “I can be changed by what happens to me. But I refuse to be reduced by it.” ­­-­ Maya Angelou
  3. “Because one believes in oneself, one doesn’t try to convince. Because one is content with oneself, one doesn’t need others’ approval. Because one accepts oneself, the whole world accepts him or her.” – Laoz
  4. “With realization of one’s own potential and self-confidence in one’s ability, one can build a better world.” – The Dalai Lama
  5. “If you have no confidence in self, you are twice defeated in the race of life. With confidence, you have won even before you have started.” – Cicero.
  6. “Do not let what you cannot do interfere with what you can do.” – John Wooden
  7. “People are like stained-glass windows. They sparkle and shine when the sun is out, but when the darkness sets in their true beauty is revealed only if there is light from within.” – Elisabeth Kubler-Ross
  8. “We gain strength, and courage, and confidence by each experience in which we really stop to look fear in the face … we must do that which we think we cannot.” – Eleanor Roosevelt
  9. “Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something and that this thing must be attained.” ­- Marie Curie
  10. “You’re never as good as everyone tells you when you win, and you’re never as bad as they say when you lose.” – Lou Holtz

 

 

 

 

 

 

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners!

It’s FREE to receive email updates.

 




Nestle Buys Rights to Market Starbucks Products Globally for $7.5B

Nestle (NSRGY), a food giant based out of Switzerland, paid $7.5B in cash for the rights to market Starbucks (SBUX) products globally outside of the company’s coffee shops. The deal gives the Nescafe a more capable platform to continue growing in North America. Nestle, who has already bought a stake in Blue Bottle Coffee, plans to focus on coffee for a main area of growth.

Starbucks produces around $2B in annual sales. Nestle will be selling the coffee shops coffee beans and ground coffee in supermarkets and groceries across the globe. The agreement, does not include any of the Starbucks coffee shops and cafes.

bokeh, café, chair

The new deal should begin making positive contributions to Nestle’s earnings per share starting next year.  On Starbucks’ side, the cash could possibly accelerate share buybacks. The transaction, which is still awaiting approval by regulators, is expected to be finalized by the end of 2018.

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive!
Join us at Vista Partners! It’s FREE to receive email updates.

Nestle pays $7.15 billion to sell Starbucks products

Swiss food giant Nestle announced Monday it will pay $7.15 billion in cash for the rights to market Starbucks products around the world, outside of the company’s coffee shops. The Starbucks business covered by the deal currently generates around $2 billion sales annually and includes coffee beans..

sg.news.yahoo.com

Read Full Article