Pacific Airport Group reported a 31.7% adjusted increase in EBITDA for 2016. Revenues grew by 32.3% for the 2016 fiscal year. Net income grew by 16.7% Like Southwest Airports Group (ASUR), PAC benefitted from a declining Mexican Peso against the…

Revenues increased 8.8%. EBITDA grew by 20.2%. EPS increased by 24.5%. Operating margins surpassed 50% for fiscal 2016. http://finance.yahoo.com/news/asur-4q16-passenger-traffic-11-213100786.html From an income statement perspective, the sharp depreciation in the Mexican peso has offered a material lift to earnings. Most of…

Novo Nordisk reported fiscal 2016 results. Net profits increased by 9% and revenue grew by 6%. However, the operating margin fell by 2.5% to 43.3% of sales. For 2017, Novo anticipates a revenue decline of as much as 1%, which…

In a few short weeks, a new US president intends to set a juggernaut of an economy on a new course. President-elect Trump’s expressed goal is for the United States to reassert American economic dominance. His view is that economic…

The model large cap global growth portfolio generated a return of 3.4% and closed out the year with a value of $149.76 USD. For 2016, the DJIA returned 13%, the NASDAQ returned 7.5% and the S&P 500 grew by 9.5%.…