Macquarie Group Ltd. lifted its stake in Core-Mark Holding Company, Inc. (NASDAQ:CORE) by 0.2% during the second quarter, Holdings Channel reports. The fund owned 1,033,966 shares of the business services provider’s stock after purchasing an additional 2,161 shares during the quarter. Macquarie Group Ltd.’s holdings in Core-Mark were worth $23,471,000 as of its most recent SEC filing.....More>>>
In early February, investors caught a brief glimpse of a 2018 stock market correction when the S&P 500 500 briefly dove more than 10% between Feb. 2 and Feb. 8.
Even though both major market indexes rebounded shortly after that, the stock market pullback reminded investors that we are nine years into this bull market, and it won’t last forever.
And now, stocks are....More>>>
Egypt is normally one of the more stable Arab countries in the Middle East. That idea seemed to come apart a few years ago. But now it appears the period of instability has ended. That is good news for Transglobe Energy (TGA). Transglobe has been doing business in Egypt for 20 years. Recently the company also purchased some leases in Canada to diversify. Business is booming with the rising oil and....More>>>
Marathon Oil Corporation (NYSE:MRO) has gone through some very tough times. Like many other small E&P companies that have struggled during the oil price crash, MRO has had to sell off non-core assets, cut expenses, and focus on higher margin operations. But MRO stock could turn it around.
Indeed, times have been really challenging for MRO, in which revenues were cut by almost two-thirds....More>>>
It is not uncommon for markets to sell-off after big gains. It seemed as though every market participant was just begging for a pullback in late 2017 and early 2018. But now that a sell-off has been seen it’s the same thing that always happens — investors freeze up, because it could be the end of the great bull market.
The current bull market turned 9 years old in March. The difference....More>>>
Tidewater (NYSE:TDW) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.
Separately, Capital One Financial upgraded shares of Tidewater from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 24th.
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After months of political uncertainty, the American economy is somewhat back on track now. The second estimate for GDP shows that the U.S. economy grew 3.2% in the third quarter, faring better than the first estimate of 2.9% and the second quarter’s 1.4%.
Moreover, inflation is edging toward the desired 2% while the job market is looking up. These factors set the stage for an interest....More>>>
Zacks Investment Research upgraded shares of Praxair (NYSE:PX) from a hold rating to a buy rating in a research note issued to investors on Wednesday. Zacks Investment Research currently has $184.00 price target on the basic materials company’s stock.
According to Zacks, “Praxair is expected to gain from strong backlog, new order wins and recovery in the energy and industrial....More>>>
U.S. equities climbed higher on Monday in a continuation of the easy, low volatility conditions that have dominated over the past three months. Large-cap stocks, as measured by the S&P 500, closed above the 2,400 level for the first time, bagging another high.
In the end, the Dow Jones Industrial Average gained 0.4%, the S&P wafted up 0.5%, the Nasdaq Composite added 0.5%....More>>>
Shares of LIC Housing Finance shed 5 percent in the early trade on Monday despite company reported strong numbers in the quarter ended June 2018.
The company’s Q1FY19 (April-June) profit rose 18.4 percent to Rs 567.94 crore versus Rs 479.65 crore in the same quarter last fiscal.
Revenue increased by 10.8 percent to Rs 4,018.95 crore versus Rs 3,626.85 crore.
There’s a veritable hurricane of events–not to mention an actual hurricane–that should be rocking the market–but stocks barely moved today as investors wait for the U.S. payrolls data tomorrow.
The S&P 500 ticked up 0.1% to 2,160.77 today, while the Dow Jones Industrial Average dipped 12.53 points, or 0.1%, to 18,268.50. The Nasdaq Composite....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-996356194&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/996356194/960×0.jpg?fit=scale&q; data-height=&q;690&q; data-width=&q;960&q;&g; Russian President Vladimir Putin meets with his American counterpart on Monday. Expect fireworks and collusion hashtags. (Photo by Mikhail Svetlov/Getty Images)
Last week, management at Veeva Systems (NYSE:VEEV) reported earnings that investors have become accustomed to. In fact, shareholders have been downright spoiled: both the top and bottom lines came in ahead of expectations; annual sales growth from Veeva’s non-CRM division came in at a blistering 113%.
The company — which offers cloud solutions primarily to pharmaceutical companies....More>>>
One of our favorite marijuana dividend stocks is about to receive a huge boost in sales.
We’re talking about Scotts Miracle-Gro Co. (NYSE: SMG), the well-known worldwide leader in lawn and garden care that has become a must-have marijuana “pick-and-shovel” play.
Luckily for its investors, Scotts was early to board the marijuana train.
In 2015, Scotts’....More>>>
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Related S&P 500 Futures In A Freefall Jim Cramer Says These 6 Things Need To Happen Before The Market Can Bottom ....More>>>