On September 26, 2016, Xcel Energy (XEL) was trading at a 1% and a 5% premium to its 50-day and 200-day moving averages, respectively. The sharp recovery after a nearly 10% correction has made Xcel Energy attractive again.
Gold prices have been quite supportive in 2016 as compared to the precious metal’s performance in the last three years. This support has provided a nice tailwind to gold miners.
Because of its drug portfolio, manufacturing operations, and customer relationships, Teva expects to benefit from new trends in the US generic market.
Sunoco Logistics Partners announced the acquisition of Vitol’s integrated crude oil business in the Midland Basin for $760 million plus working capital.
Apache’s (APA) stock started plunging towards the end of 2015. However, since the start of 2016, APA has mostly been on an uptrend with some dips along the way.
BlackRock (BLK), the world’s largest asset manager, is expected to post earnings per share (or EPS) of $4.96 in 3Q16, 1% lower than the prior year’s quarter.
On September 21, 2016, H.B. Fuller (FUL) reported its 3Q16 earnings. It reported adjusted EPS of $0.64 and missed Wall Street analysts’ estimate of $0.67.
The precious metals market has skyrocketed in 2016. But it’s important to know which mining stocks are overperforming and underperforming precious metals.
With elections looming and anticipations of a Fed rate hike, the topic of climate change seems to have lost steam. But is it something to ignore?
For 2Q16, Marathon Oil reported adjusted revenues of ~$1.3 billion, which is ~21% higher than the Wall Street analyst consensus estimate of ~$1.1 billion.
Like other midstream companies, Kinder Morgan has been following an uptrend since February 2016. This trend is likely to continue.
BioMarin Pharmaceutical (BMRN) is a high growth company that primarily focuses on rare diseases. In this series, we’ll discuss the pillars for its success.
Monsanto (MON) continues to limp days after its merger announcement with Bayer AG. The stock closed at $102 or 25% below Bayer’s offer price of $128 as of September 26’s closing.
There’s a question arising in investors’ minds. Are the central banks losing their credibility to spur growth in the economy?
On September 26, the S&P 500 slightly outperformed the S&P Consumer Discretionary and the S&P Consumer Staples as a whole.
In this series, we’ll provide a detailed analysis of August 2016’s steel imports. We’ll analyze what these figures mean for the US steel industry.
For the week ending September 23 (week 38), the BDTI rose to 661 from 561 at the beginning of the week. The index rose every day of the week.
Wells Fargo (WFC) will pay $185 million in fines for fraudulent accounts opened by employees to meet sales targets. Shares of Wells Fargo (WFC) have fallen ~9% since news of this scandal broke.
Nokia (NOK) continues to expect a decline in its wireless infrastructure segment in 2016 coupled with a flattish networking market globally.
Utilities gain momentum Midsize utilities have outrun their large-cap peers in this year’s rally. Interestingly, they’ve also gained momentum in the last few trading sessions after correcting 10%–12%. The $12…