Monday's top analyst upgrades and downgrades included AbbVie, DuPont, Etsy, Expedia, Exxon Mobile, Kansas City Southern, Merck, Microsoft, Pinterest, Qualcomm, Visa and Yum! Brands.
The five biggest hedge fund short positions probably will not surprise market veterans and savvy traders as some have run incredibly hard and have worn out those betting on a big downside…
Oil and gas supermajor Exxon reported second-quarter results that missed on both the top and bottom lines. The company reported no cash flow from operations in the second quarter.
Paul Ausick Oil and gas supermajors Exxon Mobil and Chevron report second-quarter results Friday morning. Low prices for both oil and natural gas is expected to hit results hard.
Oil and gas giant Shell reported second-quarter results Thursday that included a $22.3 billion noncash, pr-tax impairment charge on the value of its assets.
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.
As of the most recently reported period, short sellers still favored Exxon, Pfizer and Microsoft above all other Dow stocks.
24/7 Wall St. has put together a preview of those Dow companies scheduled to report their quarterly results this week, including Apple, Boeing, Exxon, McDonald's and Visa.
Friday's top analyst upgrades and downgrades included AGNC Investment, Annaly Capital Management, Arbutus Biopharma, Blackstone, Chevron, Enphase Energy, Exxon Mobil, General Motors, Intel, Tesla and Skyworks Solutions.
If you are a bond and income investor now, times are grim. One analyst says that the best income portfolio now very well may be a collection of high-quality stocks that pay…
Chevron announced Monday that it has agreed to acquire Noble Energy in an all-stock deal valued at $13 billion including Noble's debt.
Short interest in oil and gas stocks slipped a bit in the two-week period that ended June 30. Crude prices have been relatively flat for about six weeks.
As of the most recently reported period, short sellers still favored Exxon, Pfizer and Microsoft above all other Dow stocks.
The oil and gas industry has been hit hard by the COVID-19 pandemic, but many companies have continued to pay their previous dividends. Are they going to be able to continue doing…
With the stock market way overbought, and many investors looking for value ideas, beaten-down energy giants may be an outstanding idea now. Investors that can see past the current environment could make…
