Nothing Can Stop The Freight Train That Is The American Job Market -- Fiscal Times

 A reminder: I track oil permits / projections here.

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Reporting Today

Words you don't want to hear regarding your investment: volatile; misses by wide margin; surprise loss; misses delivery target

See disclaimer. 


Tesoro Corp (TSO): forecast, $1.50; $1.13 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to $1.46 per share; increased its quarterly dividend by 40% to 42.5 cents a share
Cisco Systems (CSCO): forecast, 51 cents; net income of 46 cents. Earnings, adjusted for one-time gains and costs, were 53 cents per share.
Tesla (TSLA): forecast, 31 cents; a loss of $107.6 million in its fourth quarter.The Palo Alto, had a loss of 86 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 13 cents per share. Tesla headlines without links:

• Tesla shares decline in volatile post-quarterly results trading
• Tesla loses $107 million in 4Q14; upbeat about 2015
• Tesla misses estimates by wide margin; shares fall
• Tesla's losses widen as spending increases
• Tesla reports surprise loss, misses delivery target
• Tesla misses estimates as automaker adjusts approach to China 
• Tesla stock plunges after it posts $108 million quarterly loss

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Another Freight Train That Can't Be Stopped 

-- The American Jobs Market -- Tony Mirhaydari

Fiscal Times is reporting:

Nothing, it seems, can stop the freight train that is the American job market.

On Friday, another strong payroll report confirmed the best run of job gains since 1997.

On Tuesday, the latest data from government statisticians showed job openings at their highest level since 2001 — to a seasonally adjusted 5 million openings. All indicators suggest that not only is the labor market tightening fast and increasing opportunities for out-of-work Americans, but it's setting the stage for a powerful surge of wage increases later this year. 

The writer: Anthony Mirhaydari. It will be interesting to take a look at this article later this year. For the archives.

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Apple Surging

On a down day for the market, down about a 100 points, AAPL is up over $2.00, after hitting all-time highs yesterday and becoming the first $700-billion-market-cap company. XOM, #2: well under $400 billion.

See disclaimer.