During its 3Q17 earnings call, AT&T’s management forecast free cash flow and capital expenditures of ~$18.0 billion and ~$22.0 billion, respectively, in 2017.
In this series, we’ll evaluate Valero Energy’s (VLO) current position, in terms of its financial and market performance, to determine its outlook for 4Q17.
T-Mobile keeps provoking the wireless telecom market with innovative service plans and new subscriber benefits—rather than just competing on prices.
In 3Q17, AstraZeneca reported EPS of $0.56 on revenues of $6.2 billion compared to estimates of $0.71 for EPS on revenues of $6 billion.
For the week of November 13–17, 2017, unleaded gasoline (UGA) prices are leading the fall in energy commodities. The prices fell from last week’s close.
Nordstrom’s (JWN) valuation multiple rose 2.4% on November 10, 2017, in reaction to its fiscal 3Q17 results that were announced after the close of the financial markets on November 9, 2017.
December WTI (West Texas Intermediate) crude oil (DWT) (USL) futures contracts fell 0.6% to $55.33 per barrel on November 15, 2017.
According to Baron, the incredible disruptions society has created, both positive and negative, have created a huge opportunity to fuel economic growth.
In this series, we’ll examine the final services PMI for the US, the UK, Japan, France, Germany, Spain, and the Eurozone for October 2017. We’ll also look at the US consumer confidence level.
The EIA issued its natural gas inventory report on November 9, 2017. Natural gas inventory was 3,790 Bcf which is 0.4% more than 3,775 Bcf for the week ended October 27, 2017.
Besides the impact of interest rates, there are also other global indicators that could play on precious metals—the most important being the US dollar.
U.S. Steel and ArcelorMittal posted better-than-expected revenues and profits in 3Q17, but AK Steel missed consensus estimates for its top and bottom lines.
Whiting Petroleum (WLL) stock fell 1.1% in the week ended November 10. On November 8, Whiting announced a one-for-four reverse stock split.
In this series, we’ll take a look at institutional investors’ utility holdings in 3Q17.
Antares Pharma’s (ATRS) products include Vibex, a pressure-assisted autoinjector. The global injectable drug delivery market is expected to grow to $624.5 billion by 2021.
Refining stocks like Marathon Petroleum (MPC), Andeavor (ANDV), Valero Energy (VLO), and Phillips 66 (PSX) have posted strong performances in 3Q17.
In the 44th week of 2017, total rail freight traffic in the United States recorded a ~0.9% fall. Overall volumes, including intermodal, decreased to ~539,000 units.
So far this week (starting November 13, 2017), natural gas (UNG) (BOIL) prices are leading a decline in energy commodities.
On November 14, 2017, US crude oil (USO) (OIIL) December futures fell 1.9% and closed at $55.7 per barrel.
On November 13, 2017, Patterson-UTI Energy (PTEN) was trading at $20.58. It has fallen ~24% since the beginning of 2017.