Why Noble Tanked Into Key Analyst Upgrade When Rowan Was Downgraded
In the oil patch, the daily whims of oil prices actually may be more dominant than an analyst upgrade or downgrade.
Archive
Year: 2017
All Year: 2017 Articles
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2016 Energy Earnings Seen Down 86%
A brief look at 10 energy companies reporting earnings this week, and how they stack up against an estimated drop of 86% in annual profits.
States Adding the Most Jobs Since the Great Recession
The U.S. economy has changed drastically in the past decade. As the housing bubble burst and the economy spiraled into the worst recession the country has faced since the Great Depression, unemployment hit a…
Why the Rigel Pharmaceuticals Update Could Signal Further Growth
Rigel Pharmaceuticals shares saw a solid gain to kick off the week after the company gave an update on one of its clinical programs.
December Pending Home Sales Bounce 1.5% Higher
Pending home sales rise 1.5% month over month in December with higher priced home sales up 10%. Low inventory of lower priced homes continue to be an obstacle for first-time buyers.
Gas Prices Drop for Third Straight Week
Gasoline pump prices dropped four cents a gallon week over week, the third straight week of declines. Demand is down and supply rose by nearly 7 million barrels last week.
Rite Aid Merger Tank: Lessons From Staples & Office Depot Merger Failure
When pending mergers take too long to close due to regulatory reviews, it is not unusual for investors to get burned.
Will Online Grocery Sales Cripple Kroger and Safeway?
Could there be a shift from brick-and-mortar shopping to e-commerce in the grocery industry as occurred in consumer electronics and department stores?
Top 7 Earnings Reports to Look For Tuesday
24/7 Wall St. has put together a preview of some of the major companies reporting on Tuesday, including Apple and two other Dow stocks.
Meet the New Gold ETF, Designed to Mitigate a Strong Dollar
Gold bugs have yet one more tool to add to their toolbox: the first U.S.-listed exchange traded fund that is gold-backed and designed for a strong U.S. dollar.
Why This Collaboration Is So Important for Calithera
Shares of Calithera Biosciences saw a solid gain early on Monday after the company reported a global collaboration and licensing agreement with Incyte.
Fitbit Shows How Broken Business Models Feel
Fitbit saw its shares slide on Monday after the company announced preliminary fourth-quarter results and a business update that did not live up to expectations due to a softer-than-expected holiday season.
Of $53 Billion in 2016 North American Marijuana Sales, About $46 Billion Illegal
Illegal 2016 sales of marijuana totaled more than $46 billion in North America. As more states legalize both medicinal and recreational pot use, illegal sales drop -- and drop fast.
2 Charged in Huge ‘Hamilton’ Ticket Resale Ponzi Scheme
The SEC has announced fraud charges against two New York City men accused of running a Ponzi scheme with money raised from investors to fund businesses purportedly created to purchase and resell tickets to…
Jefferies Makes Another Huge 2017 Change to Franchise List Portfolio
2017 is almost a month old, and fourth-quarter earnings are almost through. The additions and subtractions to the high conviction stock offerings from the top firms on Wall Street are coming faster now.