Trading Ideas

U.S. oil and gas company ConocoPhillips’ quarterly profit shot ahead of analysts’ estimates on Tuesday, as higher shale production offset the impact from lower crude prices and higher exploration costs. Total production, excluding Libya, rose 98,000 barrels of oil equivalent per day (boe/d) to 1.322 million boe/d, with output from U.S. basins including Eagle Ford, Bakken and the Permian rising 21% in the quarter. ConocoPhillips said the total realized price per barrel of oil equivalent fell 18% to $47.07 in the quarter. …read more […]

Private equity firm KKR & Co reported a 23% year-on-year drop in its third-quarter, after-tax distributable profit on Tuesday, as transaction fee revenue slid amid a broader slowdown in asset sales by buyout firms chasing lofty valuations. KKR said after-tax distributable earnings – the cash available for paying dividends – fell to $388.8 million in the three months ended Sept. 30, compared with $496.7 million a year earlier. Many private equity firms, including KKR, have sold fewer companies this year, even though the U.S. stock market is hovering near all-time highs, as potential acquirers balk at their valuation …read more […]

Today we’re going to take a look at the well-established Cummins Inc. (NYSE:CMI). The company’s stock received a lot… …read more […]

The housing market is expected to get a boost from first-time homebuyers, proving that millennials do want to buy a house, after all, according to a new analysis. …read more […]

Does the October share price for The Boeing Company (NYSE:BA) reflect what it’s really worth? Today, we will estimate… …read more […]

Boeing Co Chief Executive Dennis Muilenburg will begin the first of two days of testimony Tuesday before U.S. lawmakers and will face tough questions on the crashes of two 737 MAX planes, which killed 346 people and sparked calls for reforms. In an appearance set to begin at 10 a.m. (EDT) before the Senate Commerce Committee, Muilenburg will acknowledge mistakes, according to written testimony released Monday. On Monday, Muilenburg visited the Indonesian Embassy in Washington to meet with the ambassador and “pay our respects to those lost aboard Lion Air flight 610 on the first anniversary of …read more […]

Top news and what to watch in the markets on Tuesday, October 29, 2019. …read more […]

Q2 2020 Xilinx Inc Earnings Call …read more […]

(Bloomberg) — The U.S. and China may be locked in a prolonged trade war but that’s not stopping Chinese companies from trying to list on Wall Street.Nine Chinese companies have filed for initial public offerings in the U.S. this month, including three overnight, making October the busiest of the year so far in terms of filings, according to data compiled by Bloomberg.Canaan Inc., the world’s second-largest maker of Bitcoin mining machines, podcast and radio streaming app creator Guangzhou Lizhi Network Technology Co., and the operator of the Chinese co-living platform Danke Apartment, Phoenix Tree Holdings Ltd., all filed overnight. Meanwhile …read more […]

Improvement in profitability and outperformance against the industry can be important characteristics in a stock for… …read more […]

Today we are going to look at Österreichische Post AG (VIE:POST) to see whether it might be an attractive investment… …read more […]

(Bloomberg) — Sweden’s financial watchdog said deficiencies it found while investigating Swedbank AB’s money-laundering defenses could be serious enough to warrant sanctions.The Swedish Financial Supervisory Authority, or Finansinspektionen (FI) has opened a so-called sanction case as part of its ongoing probe into the country’s oldest bank, it said in a statement on Tuesday. The FSA in Estonia took a similar step, according to a separate announcement.“Inherent in this decision is that FI considers there to be sufficient grounds for assessing whether the deficiencies and weaknesses observed during the investigation should lead to a sanction or if the investigation should be …read more […]

(Bloomberg Opinion) — After stumbling badly for two years, Nomura Holdings Inc. has finally regained its footing. But can the Japanese bank succeed in the race to capture market share in China and avoid tripping over a demographic hurdle at home? CEO Koji Nagai’s cost cuts and tightened focus on fixed-income trading for institutional clients are producing results. On Tuesday, Nomura posted pretax income of 128.5 billion yen ($1.2 billion), bumped up by a 73 billion yen gain on the sale of a stake in a research affiliate. The wholesale banking business, while slightly weaker than in the June quarter, …read more […]

Nine Months 2019 Maire Tecnimont SpA Earnings Call …read more […]

Q3 2019 Outotec Oyj Earnings Call …read more […]