Peru has decent economic fundamentals. The inflation rate is 2 percent, the growth in its gross domestic product is 5 percent, and its debt represents just 18 percent of its GDP, notes Balchunas. At 15.2x 2014 forward earnings, Perus price/ earnings ratio (p/e) is well below that of Mexico and Colombia (18.5x apiece), but counter-intuitively above that of Brazil (11.4x) and Latin America (13.5x) both of which have been oddly outperforming Peru. Furthermore, even though Perus p/e exceeds both its historical average (10.5x) and record low (2.8x), it falls short of its all-time high by 13.3 points, leaving considerable room for expansion, said S&P Capital IQ in a research note out earlier this month.
Where Will Transportation ETFs Go From Here? – ETF News And Commentary – NASDAQ.com
CHRW , the freight transportation services and logistics solutions provider, also topped the Zacks Consensus Estimate on both bottom and top lines. Earnings per share of 80 cents and revenues of $3.5 billion surpassed our earnings estimate of 77 cents and revenue estimate of $3.47 billion. The stock rallied 6.4% the day after the company announced earnings on July 29 after the closing bell. Earnings at Delta came in at $1.04 outpacing our estimate by a penny and revenues were $10.6 billion, $0.03 billion above our estimate. On the other hand, earnings of $2.34 per share at United Continental strongly beat the Zacks Consensus Estimate of $2.22 per share while revenues of $10.33 fell short of our estimate of $10.39 billion.
Thursday Sector Leaders: Energy, Utilities – Forbes
Combined, MPC and TSO make up approximately 2.5% of the underlying holdings of XLE. The next best performing sector is the Utilities sector, losing just 0.9%. Among large Utilities stocks, NRG Energy ( NYSE: NRG ) and Pepco Holdings ( NYSE: POM ) are the most notable, showing a gain of 0.9% and 0.3%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.9% in midday trading, and up 11.23% on a year-to-date basis. NRG Energy, meanwhile, is up 9.71% year-to-date, and Pepco Holdings is up 45.27% year-to-date. Combined, NRG and POM make up approximately 3.3% of the underlying holdings of XLU.
ETF Performance Report: July Stall – Yahoo Finance
[ Indonesia ETFs Jump Ahead of Presidential Elections ] The worst performing non-leveraged exchange traded products over the past month include the iPath Dow Jones-UBS Natural Gas Total Return Sub-Index ETN ( GAZ ) down 17.8%, United States Natural Gas Fund ( UNG ) down 15.5%, iPath Seasonal Natural Gas ETN ( DCNG ) down 15.1%. At the beginning of July, U.S. markets gained momentum on strong economic data, notably a better-than-expected increase in nonfarm payrolls and non-manufacturing report, which helped lift the Dow above 17,000 for the first time. Good old fashion profit taking, though, pulled down on the equities market after the record run up.
Vanguard Mortgage-Backed Securities ETF (VMBS) Ex-Dividend Date Scheduled for August 01, 2014 – NASDAQ.com
A cash dividend payment view of $1E-06 per share is scheduled to be paid on August 07, 2014. This marks the 6th year that VMBS the same dividend. The previous trading day’s last sale of VMBS was $52.29, representing a -0.85% decrease from the 52 week high of $52.74 and a 3.95% increase over the 52 week low of $50.30. For more information on the declaration, record and payment dates, visit the VMBS Dividend History page.