With investors worried about President Trump’s ability to push proposed reforms, broader markets might become volatile in the near future.
WTI crude oil May futures closed at $47.97 per barrel on Friday, March 24, 2017. It was a 0.60% rise from the previous trading session.
On March 24, 2017, the US State Department issued a presidential permit authorizing TransCanada (TRP) to construct the Keystone XL Pipeline.
In a conference call on March 24, 2017, Halliburton’s (HAL) management said that the company could miss Wall Street analysts’ earnings estimate in 1Q17.
On March 21, 2017, HB Fuller (FUL) announced that it had officially opened its new business office and research and development center at its Shirwal manufacturing facility in India.
WTI (West Texas Intermediate) crude oil (ERY) (ERX) (IXC) futures contracts for May delivery rose 0.6% and closed at $47.97 per barrel on March 24, 2017.
Macy’s has seen some tough times over the last two fiscal years, with sales declining. In this series, we’ll discuss the company’s efforts to improve its sales, online channel, and earnings.
Right now, Exelon (EXC), the largest hybrid utility in the US, seems to be relatively better placed among peers.
Markets reacted positively after the Fed declared a rate hike of 25 basis points on March 15, 2017.
PVH Corp beat estimates in both earnings and revenues for 4Q16, marking the 11th-straight earnings beat, though its EPS fell 19% YoY to $1.23.
On a capital-structure-neutral basis, Merck currently trades at ~9.6x, which is much lower than the industry average of ~11.2x.
Novartis’s valuation has followed the industry’s overall trend over the last five years. Whether the healthcare sector’s valuation rises or falls, Novartis will definitely be affected.
On March 7, 2017, International Flavors & Fragrances (IFF) announced a dividend of $0.64 per share on the company’s outstanding common stock.
Utility giants SO and DUK have healthy dividend profiles and premium yields. But to know which one is superior, we have to compare dividend profiles.
The bubbles created in China’s stock market in 2007 and 2015–2016 show that stocks fell ~65.0% and ~41.0%, respectively.
Oracle (ORCL) announced its fiscal 3Q17 results on March 15, 2017. The tech giant reported revenues of ~$1.2 billion for its Cloud segment, an 85% increase on a year-over-year basis.
Clorox stock has risen 14.3% on a YTD basis as of March 22, and the stock has risen about 9.6% since it announced its strong fiscal 2Q17 results.
Intrepid Potash (IPI) stock has remained weak in terms of performance so far this year. On March 22, 2017, Intrepid Potash was trading at a fall of 22% year-to-date.
With revenue and adjusted EBITDA rising and losses narrowing, Sprint (S) is starting to gain traction in its turnaround efforts.
Freeport-McMoRan closed at $12.83 on March 23—0.23% lower than its closing the previous day. So far, 2017 has been a somber year for Freeport investors.