Despite the belief that US malls are giving way to e-commerce, malls are adapting to consumers’ changing needs. Mall owner GGP (GGP) has been able to maintain its earnings streak since 2012.
Since April 3, 2017, Total (TOT) stock has risen 6%, beating its peers Suncor Energy (SU), ENI (E), and Petrobras (PBR). Integrated energy stocks typically show high positive correlation to crude oil prices.
In the pre-market session on May 24, Seadrill’s share price rose 15%. But after the conference call the same day, investor enthusiasm flagged.
Microsoft (MSFT) has mostly kept its augmented reality headset, HoloLens, as a developer product. The tech giant has begun reaching out to the masses with a technology that delivers the HoloLens experience and more.
On May 24, 2017, LyondellBasell (LYB) announced a dividend of $0.90 per share for 2Q17 on the company’s outstanding common stock.
In 1Q17, Gilead Sciences’ (GILD) Genvoya generated revenues of around $769 million. The drug has seen double-digit sequential sales growth in every quarter since its launch in November 2015.
Kosmos Energy released its 1Q17 earnings before the market opened on May 8, 2017. Since its earnings release, KOS stock has been on a strong upward trend, rising from $5.95 to $6.65.
On May 25, 2017, US crude oil July futures settled at $48.9 per barrel—4.8% below its closing price on May 24.
Boston Scientific (BSX) was trading at $27.2 on May 25, 2017. It had a 50-day moving average of $25.8 and a 200-day moving average of $23.9.
The Mexican economy expanded 0.6% in 1Q17, beating market expectations. Exports and private spending have continued to support growth in Mexico this year.
Kinder Morgan intends to raise $1.75 billion Canadian dollars through the offering to partially fund its Trans Mountain expansion project.
In this series, we’ll see why automakers are underperforming and compare their 1Q17 earnings, sales volumes, revenues, and margins.
The FOMC’s May meeting minutes were released on Wednesday. Now, markets (SPY) doubt if the Fed will hike interest rates in the June meeting.
Hewlett-Packard (HPQ) announced its fiscal 2Q17 results on May 24, 2017. It reported revenue of $12.4 billion and non-GAAP EPS of $0.40.
Precious metals prices saw a sudden fall in mid-April 2017, along with precious metals mining stocks and funds. However, precious metals’ revival in the past week has benefited mining companies.
June natural gas futures fell 0.6% and closed at $3.18 per MMBtu (million British thermal units) on May 25, 2017. The contracts will expire on May 30, 2017.
Golar LNG’s (GLNG) 1Q17 results are scheduled to be released on May 31, 2017. Most of the LNG carrier companies have been trading in the green in 2017 year-to-date.
Paris-based Sanofi (SNY) reported revenues of ~8.7 billion euros in 1Q17. Sanofi surpassed analyst estimates, posting EPS of 1.42 euros in 1Q17, compared to estimates of 1.31 euros.
In this series, we’ll compare Schlumberger, Halliburton, Weatherford International, and National Oilwell Varco. These OFS companies have posted negative returns since 1Q17.
Among precious metal and mining stocks, Coeur Mining (CDE) was one of the most successful in 2016, rising more than 268.0%.