Fracking Debate Stirring in Britain
ThinkstockA British energy exploration and production firm called IGas recently has estimated that the area it has been licensed to explore in the United Kingdom may hold as much as 170 trillion cubic feet…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 238What Affordable Care Woes? UnitedHealth Boosts Dividend, Launches Huge Share Buyback
ThinkstockUnitedHealth Group, Inc. (NYSE: UNH) is the largest health insurance provider in America. That makes it a number one target of the so-called affordable health care, or Obamacare, along with the other health insurance…
Crude Oil Futures Rise on Lower Crude and Gasoline Inventory Levels
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 6.3 million barrels last week, bringing the total U.S. commercial crude inventory to 391.3…
Undercapitalized U.S. Banks Have Almost Disappeared, Bank Failures at Cycle Low
ThinkstockBanks that are undercapitalized tend to fail. It makes sense, as the statement seems obvious after all of the bankruptcy reports we have seen in recent years. What really stands out is that the number…
No Big Help from Factory Orders and ISM Non-Manufacturing
Courtesy EADS/AirbusFactory orders for the month of April have now been released from the Commerce Department. They were up 1.0%, short of the 1.4% expected by Bloomberg and short of the 1.5% expected by…
Dell’s Board of Directors Snubs Icahn Bid
courtesy Dell Inc.A special committee of the board of directors of Dell Inc. (NASDAQ: DELL) this morning recommended that the company’s shareholders accept the merger agreement being offered by founder and CEO Michael Dell…
Analyst Raises iPhone Unit Sales Projections for Two Quarters
courtesy of Apple Inc.Canaccord Genuity is reiterating its Buy rating on Apple Inc. (NASDAQ: AAPL). The firm ‘s T. Michael Walkley has updated expectations for May iPhone sales and compared these to Samsung and…
Credit Suisse Raises Stock Market Expectations for 2013, Sets Upside for 2014
Credit Suisse is raising its expectations for the performance of the stock market. After a strong start to 2013, the firm also is calling for solid gains in 2014 as well. The firm’s Global…
U.S. Treasury to Sell More GM Stock
Wikimedia CommonsThe U.S. Treasury said this morning that it will sell another 30 million shares of stock in General Motors Co. (NYSE: GM) in conjunction with GM’s addition to the S&P 500 Index. The…
ADP and TrimTabs Set Very Poor Tempo for Unemployment Report on Friday
ThinkstockThe news for this coming Friday’s unemployment and non-farm payrolls report is now expected to be a bit muted. ADP released its monthly jobs projection for the month of May, and the numbers really…
UBS Has Financial Stocks to Buy Even as Interest Rates Go Higher
Since the end of April, the 10-year Treasury note yield increased more than 40 basis points and is up 35 basis points year-to-date. The financial services analysts at UBS A.G. (NYSE: UBS) have looked…
Top 10 Analyst Upgrades and Downgrades: Annaly, Chevron, Panera, Salesforce.com
Jon OggInvestors and traders are usually on the lookout for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall Street and from…
Deutsche Bank Top 10 List of Oil and Gas Stocks to Buy
ThinkstockNorth American natural gas supply is again on the rise. The most significant driver has been continued strong results from the low-cost basins (Marcellus, Montney), which have supported notable upside to volume expectations from…
UBS Investment Management Guru Warns of “Abegeddon”
ThinkstockSince the beginning of the year, the Japanese yen has fallen from around 86 to the dollar to around 100. The rapid depreciation is down to a massive easing program instituted by the country’s…
Mortgage Loan Applications Sinking on Higher Loan Rates
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 11.5% in the group’s seasonally adjusted composite index. That followed a decline of 8.8% for the…