Chevron will release its 4Q 2014 earnings on January 30. Revenues for the third quarter were $54.7 billion, missing Wall Street analysts’ estimate of $58 billion.
Horseman Capital covers various equity strategies, and most of its equity portfolio consists of companies with market capital of $5 billion and above.
For all of you who have been hard at work during the day and shoveling snow this week, we are starting a new initiative at Market Realist with a daily market recap.
As growth in Europe nosedived, the European Central Bank resorted to monetary aid.
The Syriza party win ends over four decades of alternating rule by the New Democracy party and the Pasok party.
About 78% of Wall Street analysts tracking Halliburton (HAL) rate it a buy, while 22% rate it a hold. None of the analysts recommends a sell.
An overview of Halliburton shows the company’s stock price went up 1.8% on January 20, the day of its latest earnings, to $40.69 from the previous day.
Mega caps outperformed small caps in 2014. Choose mega and large caps over small caps.
This article discusses some of Luxor Capital Group’s holdings for the third quarter of 2014.
Crude oil prices increased by ~2%. The commodity was trading at $46.7 per barrels on January 27, 2015, due to the depreciating US dollar.
McDonald’s fourth quarter earnings were released on January 23, 2015. It reported an adjusted earnings per share, or EPS, of $1.13. The EPS declined by 19%.
In the last year, the total US rig count has dropped by 144. Oil rigs decreased by 99, or 7%. Natural gas rigs decreased by 40, or ~11%.
It will be telling to see if European banks start lending as March 2015 approaches. Or will they prefer to hold safer, higher-yielding foreign securities?
WTI crude oil started trading higher in the later hours after Greece’s Syriza anti-austerity party won elections. Then, WTI oil closed at $45.15 per barrel.
Beating Wall Street expectations, D.R. Horton reported 1Q15 revenues of $2.3 billion—a 35% year-over-year increase and a sequential decrease of about 7%.
Market volatility increased recently in most global markets (QWLD). It increased due to fears of a further slowdown in Europe (EZU) and China (FXI).
Falling cotton and energy prices should provide opportunities for margin expansion for VFC and other apparel makers in the space.
Since its listing on November 14, 2014, until January 16, 2015, Navios Maritime Midstream Partners recorded a 4.2% increase in its share price.
Starbucks reported revenues of $4.8 billion, a 13% increase over $4.2 billion reported in the same quarter last year.
Brinker International (EAT) is expected to release its second quarter 2015 earnings on January 28. Year-to-January 16, the stock increased 3.5%.