Noble Corp. (NE) has long been one of the most beaten-down drilling stocks, if we exclude shares of the companies that are undergoing restructuring. Inevitably, the topic “Is Noble Corp. cheap enough?” has been a frequent guest in the comments sections of offshore drilling related articles. This time, Noble Corp. shares have firmly settled below $4 after trading as low as $3.36 a couple....More>>>
Stocks finished the week lower as oil prices fell and the Federal Reserve looks set to raise interest rates next week.
Agence France-Presse/Getty Images
The S&P 500 fell 0.4% this week after rising 0.3% to2,372.60 today, while the Dow Jones Industrial Average dropped 0.5% this week after advancing44.79 points, or 0.2%, to20,902.98 today. The Nasdaq Composite dipped 0.2% this week....More>>>
Related An Asset Class For Rising Rates Bank Loan ETFs Enjoy Stellar Second Quarter
The Federal Reserve unveiled its first interest rate hike of 2017 and third in 15 months earlier this week. Now, bond market participants appear comfortable betting the Fed is heading toward another....More>>>
Zacks Investment Research upgraded shares of Meritage Homes (NYSE:MTH) from a hold rating to a buy rating in a research report sent to investors on Saturday. The brokerage currently has $51.00 price objective on the construction company’s stock.
According to Zacks, “Meritage Homes Corporation is the eighth-largest public homebuilder in the United States. Meritage Homes builds....More>>>
The latest plunge in global stocks hit Asia Pacific on Friday after late heavy selling in the U.S. left the Dow Jones Industrial Average and S&P 500 in correction territory for the first time in two years.
Chinese big caps slumped again after underperforming Thursday. The Shanghai Composite
At Money Morning, we’ve always viewed the mainstream financial world and Wall Street with skeptical eyes. While we’re not contrarians for the sake of being against the grain, we realize that analysts and so-called “experts” frequently get things wrong…
For example, remember when Jim Cramer, famed host of CNBC’s “Mad Money,” urged viewers....More>>>