On December 5, 2016, Cobalt International Energy (CIE) had the highest implied volatility among the upstream stocks that are part of XOP.
On December 5, Technip and FMC Technologies (FTI) held shareholder meetings to vote on the pending merger between the two companies.
In this series, we’ll look at the November sales figures of mainstream automakers such as Ford, General Motors (GM), Fiat Chrysler (FCAU), and Toyota (TM). We’ll explore what these figures could mean for investors as we enter the 2016 holiday season.
Kroger’s EPS for fiscal 3Q17 stood at $0.41, matching consensus estimates. But company had delivered eleven consecutive quarters of earnings beats.
On December 2, 2016, the S&P Consumer Staples Index had slightly outperformed the S&P Consumer Discretionary Index and the S&P 500 Index as a whole. The indexes had respective returns of 0.70%, -0.56%, and 0.04%.
At the end of the fifth week of November 2016, the S&P 500 slightly outperformed the S&P Consumer Staples and the S&P Consumer Discretionary as a whole.
Fiscal 2016 has been a transition year for many firms. Cypress Semiconductor has begun its own transformation in the way of acquisitions and divestitures.
The Toro Company (TTC) is scheduled to declare its fiscal 4Q16 earnings on December 8, 2016, for the quarter that ended on October 31, 2016.
Closed-end managers deploy money in middle market companies engaged in businesses across sectors by raising capital through share issuances.
The financial sector was strong in November. Bank shares rose ~19% due to expectations of deregulation in the sector after Trump’s victory in the election.
Sherwin-Williams (SHW) stock had a strong performance in November, closing at $268.67 and rising a whopping 9.7%.
US crude oil January futures rose 12.2% in the week ended December 2, 2016, on a closing price basis. WTI crude oil closed at $51.68 per barrel on December 2.
The week ending December 2 was broadly positive for agricultural fertilizer companies. The VanEck Vectors Agribusiness (MOO) rose by 79 basis points.
In this series, we’ll discuss the latest business updates and announcements made by chemical companies during the week ended December 2, 2016.
On November 16, 2016, Noble Energy (NBL) provided its long-term outlook from 2016–2020. It also provided an update on its US onshore operations.
Cliffs Natural Resources (CLF) was trading at $9.24 on December 1, 2016, which represents a 70% rise in the last one month alone.
As of December 1, PotashCorp has returned 5.8% YTD. The S&P 500 has returned 7.3% over the same period, while the VanEck Vectors Agribusiness ETF has outperformed both with returns of 10.2% YTD.
The price of silver has risen in 2016, but the demand for the precious white metal is still increasing.
Refining companies’ stocks have been putting up volatile performances in 2016. However, these stocks have been performing well since September’s end.
Kinder Morgan has risen 49% in 2016. ONEOK, Enbridge Energy Partners, and Energy Transfer Partners have risen 123%, 7%, and 4%, respectively, YTD.