Did you know that Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) went skidding into the end of 2017? Some investors may not have noticed the underperformance in Google stock, as it stumbled up to and through the holiday trading periods. On Dec. 18, Alphabet stock leaped to new all-time highs, before d
The time to buy, were often told, is when the blood is running in the streets. But does this nugget of contrarian wisdom apply when, instead of blood in the streets, its oil gushing into the Gulf of Mexico?
Thats the question we should be exploring this week, the seventh anniversary of BPs disastrous 2010 Deepwater Horizon oil spill, which killed 11 people and injured 17 others.
Rowan (NYSE:RDC) is the first offshore drilling company to publish its fleet status report this earnings season. The report gives us a peak at what is going on in the industry. Here are the main changes that I noticed in the report:
1. Cobalt (NYSE:CIE) elected to pay $96 million in order to end the contract of the drillship Rowan Reliance. This is hardly news as the termination sum has been....More>>>
Distributions Out of a Cash Value Life Insurance Policy
AXA Plans to Sell Part of U.S. Life Unit to Public
You Could Be a Federal Long-Term Care Policy Advisor
(Bloomberg) — Ares Management LP and Blackstone Group LP are among bidders vying to acquire Fidelity & Guaranty Life, people familiar with the matter said, as the insurer looks for a home after nixing a sale....More>>>
As Texas considers a “bathroom bill” aimed at transgender individuals, top executives have sent a clear message to the state’s governor: We oppose it.
On Monday, more than 50 business leaders from the Houston area sent a letter to Gov. Greg Abbott, a Republican, asking him to “avoid any actions, including the passage of any ‘bathroom bill,’ that would....More>>>
Energy investors are making a big mistake… They're "bottom fishing" in the major oil and gas stocks… trying to catch the bottom. This, of course, is a bad idea. Energy stocks have been crashing this year. But expectations are still high. History tells us this kind of bottom fishing won't end well. The smart move is to wait for a better entry point....More>>>
Twilio Inc (NYSE:TWLO)is scheduled to report its Q1 2017 earnings after the market close on May 2.Is TWLO stock a good buy ahead ofearnings? Flickr
In-app communications specialist Twilio (NYSE:TWLO) is set to report its Q1 2017 earnings on Tuesday, May 02, after the bell. Shares ofSan Francisco, California-basedcloud platform provider have been very volatile since making their spectaculardebut....More>>>
Important Note: This article is not an investment recommendation and should not to be relied upon when making investment decisions – investors should conduct their own comprehensive research. Please read the disclaimer at the end of this article.
QEP Resources’ (NYSE:QEP) third-quarter press release contains a notable paragraph, quoting the company’s....More>>>
As oil nears $50, some investors fret that a new round of production could begin, undermining the nascent recovery. Not so, say Guggenheim’s Subash Chandra and Marshall Coltrain, who expect good things from WPX Energy (WPX), Devon Energy (DVN) and Continental Resources (CLR). They explain why:
Agence France-Presse/Getty Images
As oil approaches $50, we believe oil supply....More>>>
Royal Dutch Shell plc (NYSE:RDS-B) has a fat yield of around 6.7%. But its long-term debt load has increased by more than 50% in the past year and by nearly 120% since the end of 2014. The oil and natural gas giant is now selling assets to get its stressed balance sheet under control. Although I’m fairly confident it will be able to save its dividend, investors should always question their....More>>>
On Wednesday, stocks recovered following the worst day overall since October. The gains were led by the technology sector, which in many cases reversed following their worst day of the year on Tuesday.
However, despite the tech rebound, the blue chips lagged pulling the Dow Jones Industrial Average down less than 0.1%. Nike Inc (NYSE:NKE), a Dow component, fell 7.1%, pulled lower by a lackluster....More>>>
A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt clampdown.
Major offshore drilling stocks have had a great start to this year. Rowan (RDC), Diamond Offshore (DO), Transocean (RIG), Ensco (ESV), and Noble Corp. (NE) have all increased in price. The main driver for this price increase was the upside in oil prices. Brent oil (BNO) is now close to the psych
Google's (GOOGL) (NASDAQ:GOOG) stock has surged over the last year, gaining approximately 37%. Even though this has occurred, Google's forward PEG of 1.63x is still attractive for such a remarkable company and brand. I believe there remains additional upside for the stock given the fol