Trading Ideas
Big Oil Is Literally Burning Cash In The Permian
Flaring and venting of natural gas are regular practices in the Permian where drillers lack the infrastructure to ship the fuel away …read more […]
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Business News
Oil giants set work-at-home rules for offices, health checks for critical staff
Major energy companies in the United States imposed work-from-home rules for office staff and began health checks for remote or critical workers as coronavirus spread across the United States and threatened an industry reeling by falling demand and profits.
Trading Ideas
3 Hot Insider Trading Stocks to Buy Under $10
Well, that was an exciting week, wasn’t it? We saw the markets make record swings, both in absolute point measure and relative percentages, and both up and down, as investors shifted between panic selling and buying the dip. The week ended on an up note, with the S&P 500 gaining 9% after President Trump’s declaration of a national emergency as well as Federal initiatives to combat the coronavirus and provide economic support. Markets found additional support from the Federal Reserve, which announced a $37 billion bond purchase to inject liquidity into the economy. Oil prices also stabilized on Friday, as …read more […]
Trading Ideas
Should You Be Concerned With Corning Incorporated's (NYSE:GLW) -11% Earnings Drop?
When Corning Incorporated (NYSE:GLW) announced its most recent earnings (31 December 2019), I compared it against two… …read more […]
Business News
The plumbing behind world’s financial markets is creaking. Loudly
The coronavirus panic is jolting stock markets, with steep drops in major indexes grabbing the public’s attention. But behind the scenes, there is less understood and potentially more worrying evidence that stress is building to dangerous levels in crucial arteries of the financial system.
Trading Ideas
The plumbing behind world's financial markets is creaking. Loudly
The coronavirus panic is jolting stock markets, with steep drops in major indexes grabbing the public’s attention. Bankers, companies and individual investors are dashing to stock up on cash and other assets considered safe in a downturn to ride out the chaos. This sudden flight to safety is causing havoc in markets for bonds, currency and loans to a degree that hasn’t been seen since the financial crisis of a dozen years ago. …read more […]
Business News
Nike to close all stores in U.S. and several other countries
U.S. sportswear giant Nike Inc said on Sunday it is closing all of its stores in the United States and several other countries to limit the spread of the coronavirus.
Trading Ideas
Don't Buy Philip Morris International Inc. (NYSE:PM) For Its Next Dividend Without Doing These Checks
Readers hoping to buy Philip Morris International Inc. (NYSE:PM) for its dividend will need to make their move… …read more […]
Business News
Germany tries to stop US from luring away firm seeking coronavirus vaccine
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.
Trading Ideas
Is Arrowhead Pharmaceuticals, Inc.'s (NASDAQ:ARWR) CEO Salary Justified?
Chris Anzalone became the CEO of Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) in 2007. This report will, first… …read more […]
Business News
Germany tries to stop U.S. from luring away firm seeking coronavirus vaccine
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.
Business News
Nike to close all stores in U.S., several other countries – CNBC
Nike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported https://www.cnbc.com/2020/03/15/nike-is-closing-all-of-its-stores-in-the-us-because-of-coronavirus.html?__source=twitter%7Cmain on Sunday.
Business News
Saudi Aramco’s 2019 profit down 21%, cuts spending
Saudi Arabia’s state oil giant Aramco said on Sunday its 2019 profit fell almost 21% due to lower crude oil prices and a drop in production volumes.
Trading Ideas
Billionaire Carl Icahn Picks up These 2 Stocks on the Dip
Rounding out an exceptionally volatile week of trading, the market delivered another dramatic swing, this time finishing in the green. After March 12 saw both the S&P 500 and the Dow Jones indexes post their largest single-day percentage losses since the October 1987 crash, stocks rallied the next day, with the S&P 500 jumping over 9%. This gain, which represents its best session since 2008, came as a result of President Trump’s declaration that his administration will do whatever is necessary to mitigate the coronavirus’ impact on the economy. Against this backdrop, billionaire investor Carl Icahn offered up his …read more […]
Business News
Haven assets losing their mojo in virus-stricken market
A rush to safety amid a massive drop in stocks has stretched prices for haven assets, leaving investors fewer places to hide in the wake of a freshly-minted bear market.