Trading Ideas

Extraordinarily dry, prolonged Santa Ana winds are predicted to gust through Southern California on Wednesday, prompting strong warnings from meteorologists as residents contend with damaging wildfires. It was a daunting forecast for firefighters battling a 600-acre (240-hectare) blaze consuming the shrub-covered hills near the Getty Center museum in Los Angeles that has displaced thousands of residents. The National Weather Service issued an “extreme red flag” warning for wildfires in Los Angeles and Ventura counties. …read more […]

Today we will run through one way of estimating the intrinsic value of Halliburton Company (NYSE:HAL) by taking the… …read more […]

Hess Corp reported a smaller-than-expected quarterly loss and raised its full-year production forecast on Wednesday, owing to higher output at the U.S. oil and gas producer’s assets in the Bakken shale. Production from Bakken rose 38% to 163,000 barrels of oil equivalent per day (boe/d) in the quarter, helping net production, excluding Libya, rise about 4% to 290,000 boe/d. Oil from seven big shale formations, particularly the Permian basin of Texas and New Mexico and the Bakken in North Dakota, have helped the United States become the biggest crude oil producer in the world. …read more […]

The U.S. Food and Drug Administration approved Biogen Inc and partner Alkermes Plc’s oral drug to treat multiple sclerosis, the companies said on Wednesday. The approval is good news for Biogen as its top-selling drug Tecfidera, also a multiple sclerosis treatment, is facing patent challenges and increased competition from newer treatments such as Roche AG’s Ocrevus. The new drug, Vumerity, was approved to treat relapsing forms of multiple sclerosis, a disabling autoimmune disease that damages the central nervous system and can lead to fatigue, pain, vision loss and impaired coordination and motor skills. …read more […]

In this article we are going to estimate the intrinsic value of Exelixis, Inc. (NASDAQ:EXEL) by taking the foreast… …read more […]

Wall Street was generally bullish on Beyond Meat (BYND) after the alternative meat producer released news of a much bigger profit than expected, but analysts cautioned that the fundamentals may not matter right now despite the company’s once furious upward trajectory, as insiders may intervene. …read more […]

Bob Udell became the CEO of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) in 2015. First, this article will… …read more […]

How should investors interpret another mixed quarter from General Electric? …read more […]

Telecom network equipment maker Nokia has hired hundreds of engineers in Finland this year to speed up its 5G development, the company said on Wednesday. The Finnish company, rival to Sweden’s Ericsson and China’s Huawei, slashed its 2019 and 2020 profit outlook last week, saying profit would come under pressure as the company spends more to fend off rivals in the fast-growing 5G networks business. Nokia has recruited 350 staff in Finland this year, 240 in its mobile networks unit and many dedicated to developing SoC (system on chip) integrated circuits – a key element for its 5G …read more […]

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll apply a basic P/E… …read more […]

Potential American Airlines Group Inc. (NASDAQ:AAL) shareholders may wish to note that the Independent Director, James… …read more […]

The results signaled “progress in the transformation of GE,” Chief Executive Officer Larry Culp said. GE shares were up 7 percent at $9.71 in premarket trading. On an adjusted basis, GE earned 15 cents per share, compared with 11 cents that analysts had on average expected, according to IBES data from Refinitiv. …read more […]

Boeing Co Chief Executive Dennis Muilenburg will face a second day of questions Wednesday from U.S. lawmakers on its now grounded 737 MAX after sharp criticism at a Senate hearing Tuesday. U.S. Representative Peter DeFazio, who heads the House Transportation and Infrastructure Committee that will hear from Muilenburg on Wednesday, said in a written statement that the committee’s lengthy investigation into the MAX has turned up significant questions about Boeing’s decision-making. DeFazio said the panel is aware of “at least one case where a Boeing manager implored the then-Vice President and General Manager of the 737 program …read more […]

On Tuesday, for example, J&J announced that other labs it hired ultimately found no asbestos in samples from the bottle tested by the U.S. Food and Drug Administration or from the same production lot. In challenging the FDA’s finding, however, the healthcare giant is casting doubt on one of its own experts. The private Maryland lab that found asbestos in Baby Powder under a contract with the FDA is run by a paid expert witness for J&J. …read more […]

“It will be the first time Apple introduces 5G iPhones … There will be three of them and the company has set an aggressive sales target,” Nikkei https://asia.nikkei.com/Spotlight/Tech-scroll-Asia/Sources-Apple-mobilizes-suppliers-to-launch-first-5G-iPhone-range quoted a source as saying. The three new iPhones will carry a 5G modem chip designed by Qualcomm Inc, Nikkei added, citing four people familiar with the plan. Apple and Qualcomm did not immediately respond to Reuters’ requests for comment. …read more […]