A $13 billion hybrid utility, Ohio-based FirstEnergy (FE) stock has lost more than 12% in the last one-year period, underperforming its peers by a significant margin.
While most metals tend to follow underlying demand-supply dynamics, according to some, copper prices also tend to reflect macro developments.
Anadarko Petroleum noted that it had $5.8 billion in cash and cash equivalents on March 31, 2017. In this series, we’ll look at the company’s key fundamentals and stock price movement.
JetBlue Airways’ capacity rose 3.7% YoY (year-over-year) in May 2017. That’s far below its 8.2% YoY rise in April 2017. A similar trend was seen last quarter.
Exports from China stood at $191.0 billion in May 2017, a moderate increase of about 8.7% as compared to the corresponding period last year.
CF Industries (CF) reported its 1Q17 earnings on May 3, 2017. In the following weeks, the stock rose to a high of $29.3, which remains its upper resistance level.
On June 13, 2017, US crude oil July futures were 4.3% and 9.4% below their 20-day and 100-day moving averages, respectively, indicating a bearish sentiment.
Incyte reported revenues of $384.1 million in 1Q17 as compared to $263.5 million in 1Q16.
In the first five months of 2017, US auto sales have fallen YoY. Dismal sales figures have hit the majority of mainstream automakers’ stocks
In May 2017, Southwest Airlines’ (LUV) capacity rose 4% year-over-year (or YoY). This rise was lower than the 7.6% YoY rise it recorded in April 2017.
The recent lift in the US dollar could have been due to the Fed’s June meeting, which will end on Wednesday, June 14.
Commercial Banks are expected to see subdued trading activity in 2Q17 due to high valuations in broad markets, low growth expectations across major sectors, and weakening oil prices.
In the past year, Halliburton stock rose 1% until June 12, 2017. It outperformed the VanEck Vectors Oil Services ETF (OIH), which generated -11% returns.
We’re close to completing the first half of 2017, and Dow Chemical (DOW) investors should be feeling good with DOW’s returns so far this year.
On June 9, 2017, General Electric (GE) announced a quarterly cash dividend of $0.24 per share.
Gold fell again on Friday, June 9, 2017, for the third consecutive day. It touched a low of $1,264.80 per ounce and then settled at $1,269.50.
Lending to consumers could be exposing PayPal (PYPL) to unnecessary credit risks, according to Paul Ribeiro of BMO Capital.
In week 23, which ended on June 9, 2017, the BDTI (Baltic Dirty Tanker Index) fell from 742 to 702. In week 22, the index fell by 65 points.
The global manufacturing sector seems to be slowing down, reflected in the May 2017 manufacturing PMI’s three-month low. Global economic activity had experienced an uptrend since 4Q16.
Even though Kinder Morgan has completed the IPO for its Trans Mountain expansion project and has all the necessary permits, protests against the project continue in Canada.