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In 3Q17, Verizon reported a net increase of 603,000 in retail postpaid connections. This number includes 91,000 tablet connections and 274,000 phone connections.
In an interview with CNBC on December 12, billionaire investor Stanley Druckenmiller shared his views on tax reform, the central bank’s decisions, the economy, and his stock picks. Druckenmiller is the chairman and CEO of the Duquesne Family Office.
Even though all offshore drillers traded in the red this year, we’re still going to analyze the top five YTD returns of companies in the industry.
Bed Bath & Beyond (BBBY) is scheduled to announce its 3Q17 earnings after the market closes on December 20, 2017.
Groupon’s (GRPN) revenue fell in 3Q17, a consequence of the adverse impacts of natural disasters and management’s execution approach that prioritizes profitability over growth.
Conagra Brands (CAG) is set to announce its fiscal 2Q18 results on December 21, 2017. Analysts expect Conagra’s sales to show sequential improvement driven by higher pricing and new products.
In this series, we’ll look primarily at analysts’ ratings and give a price target update compared to a month ago.
As of December 14, 2017, Lowe’s was trading at $85.58, which represents a rise of 5.1% since the announcement of its 3Q17 earnings on November 21, 2017.
A 2014 study by Peking University estimated that traffic congestion costs Beijing ~$11.3 billion per year. Self-driving vehicles could see rapid adoption in major cities if they can ease traffic congestion.
On December 14, 2017, FirstEnergy stock was trading 3% below its 50-day moving average and 3% above its 200-day moving average level.
AES (AES), the most geographically diversified utility stock in the Utilities Select Sector SPDR ETF (XLU), has been one of the biggest losers among peers this year.
On December 14, 2017, US crude oil (USO) (USL) January 2018 futures rose 0.8% and closed at $57.04 per barrel.
According to CNBC, Amazon (AMZN) could be on the verge of making a deal with healthcare information technology company Cerner (CERN).
January natural gas (GASL) (UNG) futures contracts trading in NYMEX fell 1.1% to $2.68 per MMBtu (million British thermal units) on December 14, 2017.
In 3Q17, Merck (MRK) reported revenues close to $10.3 billion, which is a year-over-year (or YoY) drop of around 2%.
Since December 13, 2016, National Oilwell Varco’s (NOV) stock has fallen 18% as of December 12, 2017.
In this series, we’ll examine the individual performances of the top ten global integrated energy firms based on their 4Q17 returns quarter-to-date.
Over the last year, Marvell Technology (MRVL) underwent major changes under the leadership of its chief executive officer, Matthew Murphy, who took up the role in July 2016.
Gold prices remain under pressure as the demand for alternative investments, including equity stocks and bitcoin, remain strong in the risk-on environment.
In this series, we’ll take a look at the top ten largest utility stocks of the S&P 500 Index. We’ll discuss their recent stock performances, valuations, and price targets.