Oil and Gas Short Sellers Head for the Exits
Short sellers reduced their positions in big oil and gas stocks in the two-week reporting period ending July 15. But prices on the stocks have continued to move lower.
All Work
Paul Ausick
9 Undervalued Financial and Fintech Stocks From Goldman Sachs Conviction Buy List
Here's a look at five bank stocks and four financial services stocks that Goldman Sachs recently added to its Conviction Buy list.
Why Goldman Sachs Just Paid $3.9 Billion to Settle 1MDB Claims
Goldman Sachs on Friday announced an agreement to pay the government of Malaysia $3.9 billion to settle charges against the bank related to the embezzlement of some $4.5 billion from Malaysia's sovereign wealth fund,…
How Much COVID-19 Jostled Verizon’s Q2 Earnings
Verizon reported second-quarter earnings Friday morning that were slightly better than expectations but expectations were not very high.
Why Investors Aren’t Running Away From Schlumberger Stock
Oilfield services firm Schlumberger reported second-quarter adjusted earnings per share of $0.05 on revenues of $5.4 billion before markets opened on Friday. That was somewhat better than expected.
10 Stocks Riding the Soaring Demand for Hydrogen Fuel
Here are 10 companies that Morgan Stanley thinks will benefit from developing new hydrogen capacity or from developing the cheaper renewable energy that will drive the push toward hydrogen fuel.
Goldman Sachs Has 3 Utilities With Big Upside on Its Conviction Buy List
Goldman Sachs just conferred its Conviction Buy rating on three utility stocks, one a yieldco and the others electricity and natural gas suppliers. Here's a look at all three.
Would Nvidia Even Be Allowed to Acquire Arm?
Japan's SoftBank is reportedly seeking a buyer for Arm, the semiconductor design business it paid $32 billion for in 2016. There are several possible buyers that have deep pockets, but a deal faces higher…
AT&T Continues to Worry About COVID-19 Impact
AT&T posted second-quarter results Thursday morning that beat on the bottom line and came close on the top line. The company remains concerned about further negative effects from the coronavirus outbreak.
Southwest Airlines Was Right: Q2 Results Were Worse Than in Q1
Southwest Airlines reported second-quarter 2020 results that were in line with estimates for a per-share loss, but that was slightly better on the top line. But the company's outlook is dimming.
How COVID-19 Hammered Kinder Morgan Earnings
Energy infrastructure giant Kinder Morgan posted a net loss for the second quarter due to sharp declines in demand for natural gas transportation over its vast pipeline system.
How Much Trouble Is FirstEnergy in Over Bribery Charges?
Though unnamed in the documents, Ohio power generator FirstEnergy is believed to be behind some $60 million in bribes to five Ohio men, including the Speaker of the State House of Representatives.
Annual 5G Smartphone Production Pegged at 200 Million Units
Nearly 20% of all smartphones manufactured this year will be 5G-capable, according to research firm TrendForce. That percentage is expected to more than double in 2021.
7 Post-Coronavirus Health Care Stocks That Will Win in the Years Ahead
The current focus on controlling the COVID-19 pandemic, companies that provide other health care products and services have received less attention from investors and analysts. Here are seven that could be winners over a…
How Good Was Texas Instruments’ Second Quarter, Really?
Texas Instruments reported second-quarter earnings and revenues well above estimates. But it was a low bar and the company had some unexpected help.
Visitors to Disney Parks Take All the COVID-19 Risk
Visitors to the recently reopened Disney parks and hotels are told about the company's efforts to ensure safety during the COVID-19 outbreak. Visitors are also reminded that they assume all risks associated with the…
Big 5 US Tech Giants Hit $6.4 Trillion in Market Cap, a 53% Jump in a Year
The world's five largest tech companies are worth more than $6 trillion dollars and their combined value rose by more than 50% over the past 12 months.
Why Philip Morris Seriously Expects 2020 to Be a Good Year
Philip Morris reported earnings and revenues that beat second-quarter estimates. Recent FDA approval of the company's IQOS products have boosted share prices as well.
Lockheed Martin’s Q2 Earnings Boosted by Federal Government Policies
Defense contractor Lockheed Martin beat top and bottom line estimates in the second quarter and has lifted guidance for the full fiscal year.
The Impact of COVID-19 Lockdowns on Coca-Cola’s Q2 Earnings
Coca-Cola reported second-quarter earnings Tuesday morning that were slightly above expectations and sharply below year-ago results. The lockdown due to the coronavirus outbreak stifled sales in one channel.