Articles by admin

Pipeline operator Kinder Morgan Inc on Thursday forecast a drop in core earnings next year, as growth from expansion projects would likely be offset by higher spending and lower contract rates on some of its gas and oil pipelines. Kinder Morgan would generate $5.1 billion of distributable cash flow in 2020, which is nearly 3% higher than the current forecast for 2019. It also said it would increase its dividend per common share in 2020 to $1.25 per share, while spending $2.4 billion on expansion projects and joint ventures next year. …read more […]

Investors who take an interest in Noble Energy, Inc. (NYSE:NBL) should definitely note that the Lead Independent… …read more […]

Today we are going to look at Floor & Decor Holdings, Inc. (NYSE:FND) to see whether it might be an attractive… …read more […]

Sage Therapeutics Inc said on Thursday its experimental drug failed to improve condition of patients with severe depression in a late-stage study, setting up the drugmaker to lose about $4 billion in valuation when the market opens. The hotly anticipated data was expected to allow the company to widen its reach in the multi-billion dollar depression market it entered with its first-approved drug, Zulresso, for postpartum depression. SVB Leerink analyst Marc Goodman had said in a note ahead of the trial results that a late-stage trial failure would be a major disappointment to investors and a setback for …read more […]

Low-cost index funds make it easy to achieve average market returns. But in any diversified portfolio of stocks… …read more […]

(Bloomberg Opinion) — When I interviewed Craig Forman, the chief executive officer of McClatchy Co., last week, shares of the regional newspaper chain stood at 39 cents. Like its peers, it has struggled as print advertising has dwindled and subscribers have abandoned ship. Last month, the company said in a regulatory filing that it might not be able to continue “as a going concern” because of a pension overhang. That explains the depressed stock price.Coincidentally, last month was also when Alden Global Capital LLC bought a 25% stake in another struggling media company, Tribune Co. As I’ve noted before, the …read more […]

Today we will run through one way of estimating the intrinsic value of Northern Oil and Gas, Inc. (NYSEMKT:NOG) by… …read more […]

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Canadian fashion billionaire Lawrence Stroll is planning a bid for luxury automaker Aston Martin Lagonda Global Holdings Plc, industry magazine Autocar reported.Shares of Aston Martin jumped as much as 13% after Autocar said Stroll aimed to purchase a major stake that would give him control of the struggling U.K. company, without saying where it got the information. The bonds also gained.Aston Martin is grappling with sluggish sales and lower earnings after pegging future growth to the launch of its first sport-utility vehicle, …read more […]

Top news and what to watch in the markets on Thursday, December 5, 2019. …read more […]