Barclays analyst Thomas Driscoll and team see more dividend cuts and equity raises coming for oil & gas stocks like Apache (APA), Devon Energy (DVN),Encana (ECA), Anadarko Petroleum (APC), and Marathon Oil (MRO). They explain why:
Leverage concerns will lead E&P companies to take strong steps to strengthen balance sheets. As oil price weakness has lingered, management....more>>>
People, and markets, get fidgety in late August. It’s the time of year when summertime fun turns into tedium. Kids are actually looking forward to getting back into the school routine. Asset markets, meanwhile, jump at any tidbit of event-driven news that can make the time to Labor Day weekend pass by more quickly. Today’s distraction of choice was Fed Chair Janet Yellen’s speech....more>>>
Starting with a simple tweet on September 21st, 2015, Hillary Clinton has been pummeling Biotech stocks since her Presidential Campaign first began. In fact, Clinton has caused dramatic drops in the iShares Nasdaq Biotechnology ETF (IBB) at least three times in the past 14 months. The thought of Clinton winning the presidency, and the corresponding assault on the Biotech sector,....more>>>
It’s no surprise that the over $100 billion acquisition combining Anheuser-Busch InBev and SABMiller was focused on potential growth opportunities in emerging markets, especially Africa. AB InBev had no meaningful presence in Africa, while SABMiller had a leading >30% market share in the continent prior to the combination.
According to AB InBev, beer volumes in Africa are expected....more>>>
Deep learning and artificial intelligence (AI) are very fast growing areas. Artificial intelligence is already making our lives easier with many applications like the one in our smartphone, which is telling us which road to choose to avoid significant traffic. Moreover, artificial intelligence is finding use in many industries, for instance, healthcare, transport and logistics, customer service,....more>>>
Today, we're giving you a look behind the curtain… Earlier this month, we explained why a credit-default crisis is unavoidable. Since then, we finalized our "Dirty Thirty" list of companies that are most likely to default on their debts over the next three years. To make the list easier to follow, we've broken down the 30 different companies into several....more>>>
As a long-term shareholder in ConocoPhillips (NYSE:COP), I wanted to compare them will a leading domestic shale producer – EOG Resources (NYSE:EOG). As you surely are aware, COP had been one of the “Big 3” international integrated oil companies prior to the spin-off of Phillips 66 (NYSE:PSX), a move that unleashed tremendous shareholder value. But now COP is an upstream only company....more>>>
Ever since Warren Buffett has brought in Tedd Combs and Todd Weschler, investors were looking for signs of change, if any, in Berkshire’s approach to investing. And after a few years’ wait, the signs of change are appearing.In last few months, Berkshire has made acouple of investments which took the market by surprise. The first one was theinvestment in the technology giantApple (NSDQ:AAPL)....more>>>
These days it seems as if the market doesn’t know whether it wants to break through fears of higher rates and a slowing China or crash lower into a new bear market. The VIX volatility index has jumped to an average 24.1 in the first month of 2016 against an average of just 16.7 in 2015. The S&P 500 tumbled 9% in the first three weeks and triple-digit moves in the Dow are a daily occurrence.....more>>>
As if the Obamacare exchanges don’t have enough problems, now they’re a bargaining chip in the major health insurance companies’ quest to consummate two mega-mergers.
The health insurers have objected to two U.S. Department of Justice lawsuits aimed at blocking the mergers on antitrust grounds. Several of the insurers, including Aetna Inc. (NYSE: AET), responded to....more>>>
"Trust the process." That's what highly regarded Florida State University football coach Jimbo Fisher tells his players, over and over again. Trust the system we've created here. Learn it, and you'll be successful. Fisher is a brilliant gridiron tactician who has built a first-class, state-of-the-art training and development system. My nephew is a redshirt freshman....more>>>