Articles by admin

Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area. The U.S. carmaker announced plans last November to build its first European car factory in Gruenheide, in the eastern state of Brandenburg. Politicians, unions and industry groups have welcomed the move, saying it will bring jobs to the region, but environmental concerns drove hundreds of locals to the streets on Saturday. …read more […]

Oilfield services provider McDermott International Inc is preparing to file for bankruptcy as soon as next week, Bloomberg reported on Friday, citing people with knowledge of the matter. McDermott is discussing a restructuring plan in which its debt could be converted into equity, with its group of lenders getting the majority of the shares, the report said. Unsecured creditors would receive less than 10% of the equity along with warrants, according to one of the people cited in the Bloomberg report. …read more […]

Guyana has been the offshore success story of 2019, and Suriname could be the story of 2020 after Apache and Total made a significant discovery of both oil and condensate off its coast …read more […]

The U.S. Treasury Department on Saturday granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22. The United States last year imposed sanctions that barred imports of Venezuelan oil and transactions made in U.S. dollars with Venezuela’s state-run oil company PDVSA. The move was designed to starve the country of oil dollars and oust President Nicolas Maduro. …read more […]

Earnings season for the fourth quarter of 2019 kicks off with the big banks this week.
Their earnings are influenced by many factors – Federal Reserve policy, net interest margin compression and trading revenue, to name a few.
And if trade wars were the biggest story in finance in 2019, the Federal Reserve was a close second.
Let’s look at the pros and cons that should impact big bank Q4 earnings…
PRO: Organic Balance Sheet Growth
After repeated hawkish commentary throughout the fourth quarter of 2018 contributed to the largest S&P 500 correction since the 2008 financial crisis, Chairman Powell did an about-face (i.e., “dovish …read more […]

For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you… …read more […]

If you buy and hold a stock for many years, you’d hope to be making a profit. Better yet, you’d like to see the share… …read more […]

The PNC Financial Services Group, Inc. (NYSE:PNC) shares fell 3.3% to US$153 in the week since its latest full-year… …read more […]

Today we will run through one way of estimating the intrinsic value of Horizon Therapeutics Public Limited Company… …read more […]

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]

Dividend paying stocks like CVS Health Corporation (NYSE:CVS) tend to be popular with investors, and for good reason… …read more […]

Investing can be a great way to make money. But there is more than one way to invest. There are a few different types of securities you can put your money into, each with their own risks and benefits. By understanding the securities you can invest in, you’ll have a better idea of where you want to put your money.
What Is a Security?
Securities are financial instruments that can be traded on financial exchanges. There are exchanges around the world such as Nasdaq, Euronext, and, maybe the most famous, the New York Stock Exchange (NYSE).
Securities can be broken down into three …read more […]

The big U.S. banks reported earnings for the fourth-quarter of 2019, seeing decent top-line growth as a result of a strong U.S. consumer. But the bottom line earnings were helped by share buybacks. …read more […]