Schlumberger looks to buy back debt

The company has issued an offer to buy certain notes due in 2020 and 2022, according to a filing with the U.S. Securities and Exchange Commission on Sept. The offer will stand until the end of the business day Sept. Around $1.2 billion and $161.52 million in 2020 and 2022 notes, respectively, are outstanding, not including interest, according to a press release.

When To Buy Growth Stocks: What To Do When A Sharp Pullback Follows The Breakout

When To Buy Growth Stocks: Match Goes En Fuego Match has been an outright standout since it broke out of a first-stage cup with handle base with an 18.91 buy point in late August 2017. Shares have rallied as much as 404% to this year's peak of 95.32. Given that superb advance, does it makes sense to think that breakouts in the later stage of this run would see some rocky action?

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  Big Data Stocks To Watch: Inphi Nears New Buy Point On 133% Growth

  Investor's Business Daily
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  Is United Airlines Stock A Buy Right Now? Here's What Earnings, Charts Show

  Investor's Business Daily

Why Toyota Is Making a $391M Texas Truck Bet

Christopher Reynolds, Toyota North America chief administrative officer, manufacturing & corporate resources, discusses the manufacturer's investment in its Texas truck plant that will build its next-generation pickups, and the outlook for passage of the USMCA. He speaks on "Bloomberg Markets: European Close."

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  Toyota to expand plant in Brazil's Sao Paulo state, joining Volkswagen, GM

  Reuters
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  Toyota amps up investment in Texas plant

  Yahoo Finance Video

Tesla's Model 3 earns insurance industry's top safety rating

The IIHS has given the Model 3 its highest rating, top safety pick+. The car's structure held up well in the driver-side small overlap front test, IIHS said. Last month, Tesla said it was launching an insurance service designed to give drivers in California, its biggest market, lower rates because of safety features on its electric vehicles.

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  Tesla: Will Top Safety Award Silence Critics?

  Market Realist
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  2019 Jeep Cherokee gets IIHS Top Safety Pick rating

  Autoblog

U.S. Dollar Index Futures (DX) Technical Analysis – Heightened Volatility with Whipsaw Action Expected

The U.S. Dollar is trading firm against a basket of currencies Wednesday, well ahead of the release of the Federal Reserve's interest rate and monetary policy decisions at 18:00 GMT. The Greenback is posting gains against all major currencies in the index including the Euro and British Pound. The oil-related Canadian Dollar is also under pressure as well as the safe-haven Japanese Yen and Swiss Franc.

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  Gold ends higher, heads lower in electronic trade after Fed cuts key interest rate

  MarketWatch
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  Asian markets flat ahead of Fed interest-rate decision

  MarketWatch

Stocks could drop 20% after an October disappointment, strategist warns

You've got a market that this year has traded off of hopes for coordinated global central bank easing. That's the only reason why we're up 20% year to date. We're certainly not there because of fundamentals.

Natural Gas Could Be Replaced Within 15 Years

Technological improvements in hydraulic fracking are making 'America Great Again' when it comes to its energy sector. Unconventional oil and gas reserves, which previously were deemed as 'uneconomic to produce', are being exploited on a massive scale. Consequentially, the shale revolution has altered the international energy landscape, which has enabled cooperation between rivals Russia and Saudi Arabia within the OPEC+ framework.

Plug Power sets goal of $1 billion in revenue by 2024

Plug Power announced today an ambitious goal: $1 billion in revenue by 2024. Plug Power CEO Andy Marsh rolled out a new plan for the next five years on Wednesday that projects the company will have $1 billion of revenue by 2024 along with $170 million of operating income and $200 million of adjusted EBITDA (earnings before interest, taxes, depreciation and amortization). The goal is roughly four times Plug Power's current expected annual revenue of $235 to $245 million in 2019.

Powell faces record dissent as Fed splits further on interest rates

The chasm among Federal Reserve officials widened on Wednesday as Jerome Powell faced the highest number of dissents since becoming chairman, raising questions about the central bank's ability to balance wide-ranging views on where rates should go next. On Wednesday, the Federal Open Market Committee cut rates by 25 basis points for the second consecutive time, citing increased signs of weakness in geopolitical conditions abroad. The target federal funds rate is now in a range of 2% to 2.25%.

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  Shares inch higher after Fed cut, BOJ keeps powder dry

  Reuters
• 
  Markets Right Now: Stocks sink then recover after Fed cut

  Associated Press

Repo Turmoil Points to Shortage of U.S. Dollars in System, Says Manulife’s Trinh

Sue Trinh, managing director for global macro strategy at Manulife Investment Management, discusses the repo market volatility and its impact on Fed policy. She speaks on “Bloomberg Markets: China Open.

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  Fed's job gets more complex as fed funds rate moves out of bounds

  Reuters
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  Fed makes small changes to control policy rate, hints at more to come

  Reuters

Just Two Stocks Turned Pennies Into Billions

Only two members of the Standard & Poor's Total Market Index, a broad collection of listed stocks, went from trading for $1 or less when this decade began (on a split-adjusted basis) — to hitting $1 billion or greater market value now. These stocks are communications services company Sirius XM and health care company Accelerate Diagnostics. This is based on an Investor's Business Daily analysis of data from Marketsmith and S&P Global Market Intelligence.

Is Tilray Stock’s Crushing Bear Market Finally Over?

That's a huge valuation for a company that has produced less than $100 million in revenues over the last year. If revenues reach $200 million over the next year or two and Tilray manages to maintain a still robust 10x price/sales ratio, that'd imply an additional 33% downside on TLRY stock to around $20/share. Also, despite the small revenue base, Tilray has a ton of product lines.

8 Dividend Stocks to Buy for a Recession

Otherwise, here are eight dividend stocks to buy: Dividend Stocks to Buy for a Recession: Dollar General (DG) I usually don't like to start off my list with speculative or overheated names. However, I'm going to make an exception for Dollar General (NYSE:DG). Yes, DG stock has absolutely soared so far this year, gaining over 48% since January's opening session.

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  Are You Looking for a High-Growth Dividend Stock? Essex Property Trust (ESS) Could Be a Great Choice

  Zacks
• 
  What To Know Before Buying Castings P.L.C. (LON:CGS) For Its Dividend

  Simply Wall St.

GE’s Asbestos Problem Is Terrible News for the Owners of GE Stock

Biotech Stocks That Show The Good, The Bad and the Ugly Side of This Sector However, it was recently alleged that General Electric had sold leftover asbestos scrap from its Peterborough plant to its workers for as many as 35 years. That allegation ought to make the owners of GE stock quite nervous. Just as GE is turning a corner under Culp's leadership, a story comes out that could torpedo General Electric stock.

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  GE earns $11.6M Navy contract

  American City Business Journals
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  Baker Hughes to Eliminate GE Reference From Ticker & Name

  Zacks

3 Charts That Suggest Materials Sector Is Headed Higher

In the paragraphs below, we'll look specifically at charts from across the materials sector and try to determine how active traders will position themselves over the months ahead. Vanguard Materials ETF (VAW) Retail investors who want to seek the performance of a niche sector such as materials often turn to exchange-traded products such as the Vanguard Materials ETF (VAW). During periods of uncertainty, investors often prefer to allocate capital toward companies that extract or process raw materials because they usually have relatively predictable business models and benefit from higher underlying commodity prices.

Patrick Byrne sells his Overstock shares, but blames the SEC and ‘Deep State’

Patrick Byrne's dramatic exit from Overstock.com Inc. had a surprise second act Wednesday, as the former chief executive sold his large stake in the company and blamed the Securities and Exchange Commission, which he referred to as “the Deep State's pets. In an SEC filing Wednesday afternoon, Byrne disclosed the disposal of his roughly 4.8 million shares in Overstock shares during the past three trading sessions, with all but 87,000 shares sold on the open market for roughly $90 million.

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  Overstock will restructure its planned crypto dividend to end lockup period for preferred shares

  The Block
• Patrick Byrne sells all of his Overstock shares for $90 million

  MarketWatch

3 Blue-Chip Stocks for a Market Slowdown

A wise investor will move to protect his portfolio, and we've found three Strong Buy stocks in the TipRanks database to do just that. With 40 million members, Anthem (ANTM – Get Report) is the largest managed care company in the Blue Cross Blue Shield network. ANTM shares are up 123% over the past five years, and the company's dividend, while yielding a modest 1.24%, pays out an appreciable $3.20 per share annually.

Here's what to expect at Nike's annual meeting

Some public companies have annual shareholder meetings that resemble sales rallies. Nike's used to attract thousands of investors. Some were even held at the Oregon Convention Center.

Real crunch from Saudi Arabia's oil outage has yet to be felt

Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale of damage to its facilities, traders and analysts say. Riyadh says production will be back to normal levels in two to three weeks, which means restoring output to about 10 million barrels per day (bpd), after Saturday's attacks on two sites that usually process and clean up about 5.7 million bpd. While it carries out repairs, the world's biggest oil exporter has promised to keep the physical crude market supplied from its inventories held in the kingdom and abroad, estimated to have been about 180 million barrels in July.

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  Saudi says oil output to be restored by end of September

  AFP
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  Why Oil Could Be Headed for Heavy Short-Term Losses

  Schaeffer's Investment Research