As of November 21, 2017, Johnson & Johnson was trading at a forward PE multiple of ~17.6x as compared to the industry average of 16.2x.
The third-largest utility by market capitalization, Dominion Energy (D) declared a dividend of $0.77 per share last month.
Anadarko Petroleum’s (APC) 2018 capital expenditure (or capex) budget is $4.2 billion–$4.6 billion, compared to its forecast 2017 capex of $4.2 billion–$4.4 billion.
In fiscal 3Q17, IBM reported revenues and non-GAAP earnings per share of ~$19.2 billion and $3.30, respectively. These metrics beat analysts’ expectations by $550.0 million and $0.02, respectively.
As of November 22, 2017, Papa John’s (PZZA) was trading at $57.0—near its 52-week low of $56.71, which the company hit on November 20, 2017.
In 2017, not many companies in the OFS (oilfield equipment and services) industry have had positive returns from the stock market.
Recently, The Walt Disney Company (DIS) reported its financial results for fiscal 4Q17.
In nine of the first ten months of 2017, US auto sales have fallen YoY. However, a rising YoY demand for pickup trucks and SUVs (sports utility vehicles) seems to be keeping optimism alive.
On November 22, 2017, US crude oil (USO) (USL) January futures rose 2.1% and closed at $58.02 per barrel—the highest closing price in 2017.
On November 9, 2017, Mario Gabelli, the CEO and chair of Gabelli Funds, shared his views on market movement, fiscal policy, and his infrastructure and multimedia stock picks.
With the mixed performance from natural gas and crude oil, the energy sector is showing a modest increase this week.
US natural gas futures contracts for December delivery fell 1.6% to $2.96 per MMBtu on November 22, 2017. It was the lowest settlement since November 2.
In this series, we’ll analyze Campbell Soup’s fiscal 1Q18 performance.
After a substantial slump on Monday, gold futures for December delivery rose 0.5% on Tuesday and closed at $1,281.7 per ounce.
In this series, we’ll take a look at Deere’s fiscal 4Q17 earnings in detail, along with its segments’ revenue.
On November 22, natural gas (UNG) January futures fell 1.6% and closed at $3.059 per MMBtu (million British thermal units). On the same day, even after a fall in natural gas inventories according to the EIA.
On November 22, Canadian Pacific Railway (CP), a Canadian-origin US Class I railroad (XLI), declared a quarterly cash dividend of $0.5625 Canadian per share on its outstanding common stock.
On November 21, US crude oil (USO)(USL) January futures rose 0.7% and closed at $56.83 per barrel. The OPEC meeting on November 30 could be helping oil prices rise.
This series covers US crude oil, gasoline, and distillate inventories, refinery demand, and production.
In this series, we’ll review global recent market activity and today’s economic calendar.