Westmoreland Coal Company: The gold standard for US coal producers
One thing that drew our attention towards WLB is its stock market performance. While stocks of other coal producers are down substantially since the start of the year, WLB is up 83%.
Cliffs Natural Resources (CLF) is mainly an iron ore producer. A small percentage of its revenue comes from metallurgical coal sales.
Sector ETF Analysis
The U.S. rig count has been on the rise for the last couple of years, but last week marked the lowest rig count in the past seven weeks.
In this series, we’ll discuss why the ~25% share price decline since June was actually an opportunity for long-term investors to buy shares of American Airlines.
Netflix (NFLX) announced its 3Q14 earnings on October 15. The results disappointed investors, as they came in short of expectations.
Most builders—like Lennar (LEN), PulteGroup (PHM), D.R. Horton (DHI), and KB Home (KBH)—noted that traffic was beginning to decline. Buyers experienced sticker shock.
The company has operating mines and projects in Canada, the U.S., the Dominican Republic, Australia, Papua New Guinea, Peru, Chile, Argentina, Zambia, Saudi Arabia, and Tanzania. Its products are sold in the world market.
MGM Resorts (MGM) was founded in 1986. MGM is based in Nevada. It’s one of the leading global hospitality and entertainment companies.
The U.S. market dominates the global ETF space, with ~72% of global ETF assets. The dominant ETF issuers in U.S. include BlackRock (BLK), State Street Corp. (STT), and Vanguard.
Macro ETF Analysis
Europe has more than one problem. Growth in the Eurozone stalled in the second quarter, following four quarters of sluggish recovery from a crisis over high government debt.
This series will analyze major trends in the primary and secondary markets in U.S. investment-grade debt. Volatility, as measured by the VIX (VXX), or the index commonly known as the “fear factor,” spiked to 25.27 on October 15.
After last week’s sell-off, many investors are worried that another global recession could be on the horizon. Russ provides his take.
Gold prices have declined 12%—from the peak of $1,385 per ounce. The peak was reached in March. In 2014, gold is currently trading at its lowest levels. Investors usually view gold as an inflation hedge.
Income ETF Analysis
CYS Investments (CYS) is a diversified agency mortgage REIT that invests all across the agency mortgage-backed security (or MBS) space.
On October 1, 2014, Enterprise Products Partners (EPD) announced its acquisition of Oiltanking Partners L.P. (OILT), a midstream energy master limited partnership