Exelixis, Inc. (NASDAQ:EXEL) CEO Michael Morrissey sold 40,000 shares of Exelixis stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $24.64, for a total value of $985,600.00. The transaction was disclosed in a filing with the Securities & Exchange Comm
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>>>
Oil futures were in retreat Monday on reports that the Trump administration was softening its hard line on Iran crude exports and might allow waivers for some buyers when sanctions against the Islamic Republic’s crude exports go back into effect in November.
U.S. benchmark West Texas Intermediate crude for November delivery
SilverBow Resources (NYSE: SBOW) and Earthstone Energy (NYSE:ESTE) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, earnings, risk, valuation, institutional ownership, dividends and analyst recommendations.
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>>>
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>>>
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>>>
This global energy firm — our Top Pick for income — has been buying big-ticket businesses worldwide as part of what its CEO calls “long-term strategic moves” for “a new phase of growth”, explains Vivian Lewis, editor of Global Investing.
BP plc (BP) has made recent deals that include a $1 billion investment in offshore Senegal and Mauritania which....More>>>
In January, oil and natural gas refinery Valero Energy Corporation’s (NYSE:VLO) shares jumped 17%, according to data provided by S&P Global Market Intelligence. That was the biggest gain of this trio, but Marathon Petroleum Corp. (NYSE:MPC) and its 12% gain wasn’t far behind. Even Phillips 66 (NYSE:PSX) got in the act with a nearly 11% gain. All of them beat....More>>>
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>>>
Related SPY Marty Fridson: High-Yield Bond Investors Should 'Overweight' U.S. Compared to Europe Dolan: Yellen To The Rescue Markets Are Missing The Point (Seeking Alpha)
Related S&P 500 Futures In A Freefall Jim Cramer Says These 6 Things Need To Happen Before The Market Can Bottom ....More>>>
&l;p&g;Reports are &l;a href=&q;https://www.reuters.com/article/us-saudi-aramco-ipo-exclusive/exclusive-aramco-listing-plan-halted-oil-giant-disbands-advisors-sources-idUSKCN1L71TZ&q; target=&q;_blank&q;&g;coming&l;/a&g;&a;nbsp;in that the Aramco IPO is being scrapped. Neither the company nor the Saudi government has confirmed these reports. This is not the first time such reports have come out....More>>>