Is It Game Over for US Metallurgical Coal Stocks?
Metallurgical coal (or met coal) is used to make coke for iron and steel as well as foundries. Most metallurgical coal produced in the US is exported.
Cigna provides health benefits and services to about 80 million people in 30 countries. It registered revenues of approximately $32.4 billion in 2014.
Sector ETF Analysis
Revenues for Denbury Resources Inc. (DNR) have almost doubled in the six years to 2014. They rose from ~$1.3 billion in 2008 to ~$2.4 billion in 2014.
Steel production in the United States has declined this year. Through March 7, 2015, steel production is down 3.4% over the same period in 2014.
On March 4, 2015, IBM (IBM) announced the acquisition of AlchemyAPI to accelerate its cognitive computing applications.
According to the Beverage Marketing Corporation, alcoholic beverages such as beer, wine, and distilled spirits, account for 20% of the US beverage market.
Iron ore prices hit a 6.5-year low of $54.20 per ton on March 23. The prices already fell by 13% YTD (year-to-date). The prices fell by 49% in 2014.
Lennar Corporation (LEN) shares outstanding stood at 205 million as of November 2014. The Vanguard Group has the largest stake in Lennar with 7.27% holding.
Blackstone’s alternative asset management focuses on private equity, real estate, hedge fund solutions, noninvestment grade credit, and more.
Macro ETF Analysis
A stronger dollar, lofty valuations, and a looming rate hike are causing higher volatility in US stocks. Safe-haven assets revel in volatile stock markets.
Two rallies after the FOMC statement led the NASDAQ Composite Index to its highest closing in 15 years, just below its all-time high of 5,048.62 in 2000.
In this series, we’ll look at some gold indicators investors can track to get a sense of what direction the price of gold will take.
The NASDAQ hit the all-important 5,000 level on March 2, 2015, for the first time after the dot com bubble burst of 2000.
Income ETF Analysis
For real estate investors, this week contains a few important economic releases. On Tuesday, we’ll get the FHFA Home Price Index.
Sunoco Logistics Partners (SXL) is an energy midstream master limited partnership. It operates crude oil, natural gas, refined products, and natural gas liquids pipeline and terminal assets.