In my previous article I stated that ION Geophysical (NYSE:IO) could generate some profits and a positive cash flow during 3Q 2016, and the firm did not disappoint me.
Profit and revenue improvements were mainly driven by the OBS unit that has just concluded a survey in Nigeria, but they are also an important result of the various cost cutting policies that the management has decided to execute....More>>>
You have heard the term, but you don’t know how it works. You may even be familiar with the strategy, but not aware of the nuances. How might this strategy benefit your clients? And which ones? Why should one use premium financing over other types of loan investment alternatives?
Premium financing is a strategy whereby a qualified borrower accesses third-party financing to pay for large....More>>>
Louisville, KY, based Investment company Harvey Investment Co Llc buys CSX, sells Brown-Forman, The Kroger Co, Allergan PLC, Wolverine World Wide, Automatic Data Processing during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Harvey Investment Co Llc. As of 2017-03-31, Harvey Investment Co Llc owns 80 stocks with a total value of $483 million. These....More>>>
During the recession, it was much easier to find mega-conglomerates that fit our purchase criteria, but the upward march of stocks has significantly pared back the list of such candidates, notes Benj Gallander, editor of Contra the Heard.
General Electric (GE) — our Top Pick for conservative investors in 2017 — continues to play musical chairs, buying and selling subsidiaries....More>>>
Famed investor and “Gloom, Boom & Doom Report” author Marc Faber is calling for a recession.
“I would put up interest rates,” Faber said during a conference hosted by CMC Market in Sydney, Australia, on Wednesday night. The U.S. Federal Reserve holds its next two-day meeting Nov. 1-2 — just six days ahead of the 2016 presidential election that has investors....More>>>
Cerner Corporation (NASDAQ:CERN) is a provider of health information technology (hit), devices, hardware and especially after-sales services around its products. The company profits from the big fundamental trend of digitization in combination with an improving health care system. Normally, I prefer distressed stories like already published before, but CERN is offering from my point of view a really....More>>>
The U.S. service sector activity scaled a new high in the last eleven months on the back of a strong upside in business activity, new orders, employment and prices paid. Moreover, service sector activity has also expanded for eighty consecutive months. Following this, the service sector looks quite attractive and is expected to expand further.
Strong growth in service activity came as a breather....More>>>
Shares of Deere (DE) have jumped nearly 15% today after the maker of agriculture machinery beat earnings forecasts and announced cost cuts. The announcement led to one of my favorite ratings changes of all time: S&P Global Market Intelligence’s Jim Corridore upgraded Deere to Sell from Strong Sell:
We raise our 12-month target price to $80 from $70, 20X our....More>>>
Best Biotech ETF: The biotech sector has been greatly outperforming the broader markets over the past three months. In fact, the Nasdaq Biotechnology sector has climbed more than 14% since June, while the Dow is up just 2% in that time.
And we see those biotech gains continuing from here. That’s why we’re bringing readers the best biotech ETF to buy now.
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