RECENT Industry and Company RESEARCH
The S&P 500 Financial Index fell 2.7% last week, dragging down the benchmark index.
The S&P 500 Index continued its winning streak last week and reported eight consecutive weeks of gains. The index rose 0.26% week-over-week.
The stock markets continued to reach new highs driven by gains in financial and technology stocks.
US stocks are rising due to hopes that the Trump Administration will complete a tax deal in the near future that will substantially benefit corporates.
So far, banks that reported their 3Q17 earnings showed mixed trends. JPMorgan Chase’s revenue and earnings comfortably beat consensus estimates.
Some of the largest US banks like Citigroup (C), JPMorgan Chase (JPM), and Bank of America (BAC) will report their 3Q17 earnings this week.
SunEdison filed for Chapter 11 bankruptcy on April 21, 2016. It’s currently trading on OTC (over-the-counter) markets under the ticker SUNEQ.
First Solar (FSLR) produces solar energy equipment. In this series, we’ll look at its performance and the outlook for the industry.
Last week, the Republican framework was released for the proposed tax cut. It called for lowering the corporate tax rate from 35% to 20%.
Whiting Petroleum’s net debt was mostly steady at ~$5 billion in 2Q15 and 2Q16. It reported a net debt of ~$5.2 billion in 2Q15 and $4.9 billion in 2Q16.
One of Sanchez Energy’s (SN) key strategic initiatives in 2017 was the Comanche acquisition from Anadarko Petroleum (APC). The acquired properties included 318,000 gross operated acres with production of 67,000 barrels of oil equivalent.
Arch Coal (ARCH) sold 96 million tons of coal in 2016, meeting ~13% of the coal supply in the US. In October 2016, ARCH emerged from Chapter 11 bankruptcy.
During a press conference last week, Federal Reserve Chair Janet Yellen criticized Wells Fargo (WFC) for its fake account scam.
In this series, we’ll explore how Alliance Resource Partners has expanded its business and evaluate its key operational metrics and financial position.
Several large US banks and credit card companies reported a rise in credit card delinquency rates for August—the second rise after falling for four months.
Sage Therapeutics (SAGE) is a clinical-stage biopharmaceutical company focused on the development and commercialization of drugs for the treatment of central nervous system disorders.
Cabot Oil & Gas’s (COG) net-debt-to-EBITDA multiple rose steadily between 2Q15 and 4Q15 due to a rising net debt and a falling EBITDA trend.
In its 2Q17 earnings conference, Whiting Petroleum (WLL) lowered its capex forecast for 2017 from $1.1 billion to $950 million.
According to AIR Worldwide, Hurricane Irma will likely create insured losses of $20 billion–$65 billion for the US and some Caribbean islands.
Cabot Oil & Gas (COG) expects its drilling and completion capital for 2017 to be $610 million.