One stock that might be an intriguing choice for investors right now is Chevron Corporation CVX. This is because this security in the Oil and Gas - Integrated – International space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. Meanwhile, Chevron is actually looking pretty good on its own too.
Boeing may have gained an edge over Airbus as the jet makers battle for a Delta Air Lines order of up to 100 single-aisle jets, thanks to the Trump effect, an aerospace analyst said Monday. Veteran Bainbridge Island aerospace watcher Scott Hamilton said the Boeing's 737 Max and the Airbus A320neo are almost identical in terms of economics and performance. "Those I’ve talked to in the market think that on the merits, the choice between Airbus and Boeing is a coin toss. But throw in Trump’s Buy America and the C Factor (Boeing filing a trade complaint against Delta after it bought Bombardier CSeries regional jets), those I’ve talked to think Boeing is more likely to get the nod than Airbus," Hamilton
Here’s an updated scoop on the strategy, taking into account the possibility of tax reformReutersMitch McConnell leaves the Senate during debate over the tax reform plan on Dec. 1, 2017. For years, I’ve lectured chapter and verse about the wonderfulness of Roth IRAs, and they may soon be more wonderful than ever. The quickest way to get a relatively large sum into a Roth IRA so you can start taking advantage of the wonderfulness is to convert a traditional IRA with a hefty account balance into a Roth account.
There are, as I have noted in the past, reasons to believe that the long-term path of oil is still upward, but more immediately there is one dominant factor that keeps adding downward pressure, large and still growing supply from North American shale producers. The second chart, directly above, indicates why American producers are pumping at a growing rate. There are reasons for that recovery, most notably the production cuts agreed by OPEC countries and others including Russia and improving global growth, but those bullish factors are now fully priced in and the effect of that is to encourage U.S. E&P companies to, to borrow a phrase, drill, baby, drill!
Retirement benefits often have complicated rules, and it's easy to trigger fees. Here are some retirement penalties you can avoid with careful planning. The penalty is applied in addition to the regular income tax due on the withdrawal.
Toshiba Corp. and Western Digital Corp. have agreed in principle to settle their legal dispute over the $18 billion sale of Toshiba’s flash-memory business with a formal announcement expected within the next 24 hours, according to people familiar with the matter. The U.S. company will drop arbitration claims in the U.S. that were aimed at stopping Toshiba from selling the chip business to a consortium led by Bain Capital, while the Japanese company will end its legal claims against Western Digital, said the people, asking not to be identified because the matter is private. As part of the settlement, Western Digital will be able to invest alongside Toshiba in a cutting-edge chip plant in Japan and receive a guaranteed supply of next-generation memory chips, they said.
They expect four of them to double in priceBloombergCoal is loaded on a vessel at a Consol Energy-owned terminal. Analysts expect Consol’s share price to rise 63% over the next 12 months.DMAMBMCMDMEMGPREVIEWZBZBRZDZDRZFZGZQZRZSZTZU(This is the third in
Commodities will bring better returns than other assets in the long run, according to Goldman Sachs Group Inc. Strong global demand growth across raw materials reinforces the case for owning them, the bank said in a Dec. 11 report, maintaining its 12-month overweight recommendation on commodities. Goldman sees returns of 10 percent in 2018, driven by a market structure known as backwardation that’ll lead to a positive roll yield -- when investors sell more-valuable, expiring contracts at the end of each month and buy less-expensive futures in order to maintain their exposure.
Julie Larson-Green left Microsoft in November after a 25-year career there that spanned working on everything from Windows to Microsoft Office to Surface devices and has landed at Qualtrics. Larson-Green is taking on the role of Chief Experience Officer for Qualtrics, a startup valued at $2.5 billion. There was a bit of serendipity to how she met Qualtrics' CEO Ryan Smith.
For many investors, the search for value in the stock market is vital. And the hunt for value is something more investors might start to consider at a time when growth investing, which stems in large part from the rise of tech giants like Amazon AMZN
Americans owe $905 in credit card debt. On Monday, NerdWallet released its Household Credit Card Debt Study, revealing that Americans owe an estimated $905 billion in credit card debt. Boiled down, the average household owes $15,654 in credit card debt.
Lothar Mentel, CEO and CIO at Tatton Investment Management, gives his thoughts on the bitcoin and cryptocurrency craze.
Below and attached is a list of names for those charts we believe are showing technical characteristics of either bullish or bearish reversal patterns that occurred over the past week. Bullish reversals imply institutional accumulation and the potential
Chamath Palihapitiya, who first bought bitcoin years ago at an average price of about $100, still believes the cryptocurrency has much further to go despite the monster rally this year. "I think this thing is a $100,000 a coin probably in the next three to four years.
Monsanto Co will give cash back to U.S. farmers who buy a weed killer that has been linked to widespread crop damage, offering an incentive to apply its product even as regulators in several U.S. states weigh restrictions on its use. The incentive to use XtendiMax with VaporGrip, a herbicide based on a chemical known as dicamba, could refund farmers over half the sticker price of the product in 2018 if they spray it on soybeans Monsanto engineered to resist the weed killer, according to company data. The United States faced an agricultural crisis this year caused by new formulations of dicamba-based herbicides, which farmers and weed experts say harmed crops because they evaporated and drifted away from where they were sprayed.
Bitcoin 's meteoric price rise has stunned critics and enthusiasts alike, leaving investors scrambling to understand the fundamental reason for the digital currency's runaway rally. Valentin Marinov, head of G-10 FX research at Credit Agricole (Euronext Paris: ACA-FR) CIB, told CNBC on Monday that he was hopeful he now understood the reason behind bitcoin's soaring value. Bitcoin was up 9.25 percent higher midday Monday ET at $16,427.16, according to CoinDesk's bitcoin price index.
Stocks get a boost on the back of a resurgent tech trade, and bitcoin blasting off – again. Catch The Final Round at 3:55 p.m. with Jen Rogers and Yahoo Finance Editor-in-Chief Andy Serwer. Syros Pharmaceuticals after it reported clinical results for its AML treatment, Ulta Bauty as Jefferies cut its Q1 EPS forecasts for the cosmetics retailer, and Spark Therapeutics – share slipping as the biopharma name reported weaker than expected results for its hemophilia treatment.
Shares of hard-disk drive maker Seagate Technology (STX) are down 5 cents at $40.42, in late trading, after the company disclosed in an 8-K filing with the Securities & Exchange Commission after market close this afternoon that it will let go 500 employees by June of 2018 as part of a restructuring plan in order to save $65 million annually. Today’s announcement follows three other recent plans that had reduced the company’s total employee base by 7,400 people since July of last year. The most recent reduction, the “July 2017 Plan,” was completed in September and involved a reduction of 600 employees.
HSBC drew a line under its punishment for lapses in anti-money laundering controls on Monday, saying the U.S. Department of Justice (DoJ) would end its deferred prosecution agreement, lifting the threat of further penalties. Europe's biggest bank paid a $1.9 billion fine and entered into the five-year deal in 2012 for failing to prevent Mexican drug cartels from laundering hundreds of millions of dollars. Under the deal, HSBC pledged to strengthen its sanctions and anti-money laundering controls.
The NFL Network suspended a trio of analysts, including Hall of Fame running back Marshall Faulk, after allegations of sexual harassment by a former co-worker. The former football players, including Heath Evans and Ike Taylor, allegedly groped and made sexually explicit comments to female colleague Jami Cantor, according to a lawsuit filed against NFL Enterprises by Cantor, a former wardrobe stylist at the NFL Network. The allegations against the retired players and former NFL Network executive producer Eric Weinberger, who’s now president of sports commentator Bill Simmons’s media group, are part of a lawsuit in Los Angeles Superior Court. An amended complaint filed Monday detailed specific
China's central bank will be more active in deploying macroeconomic controls and fending off financial risks, its governor, Zhou Xiaochuan, said on Monday. "Efforts should be made to enhance the initiative and relevance of macro-controls and prevention of financial risks," Zhou said in comments published on the website of the People's Bank of China (PBOC). Zhou made the remarks at a central bank meeting on the implementation of agendas laid out by a key Communist Party Congress in October.
Monday, December 11, 2017The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Schlumberger (SLB), General Motors (GM) and Monsanto (MON). These
US Bank saw a major increase in transactions made through Zelle, the bank-based peer-to-peer (P2P) offering operated by Early Warning, in Q3 2017, according to Bank Innovation. US Bank integrated Zelle — which has over 30 other banking partners like Bank of America (BofA), JPMorgan Chase, and Citi — last year. Zelle immediately attracted a massive user base upon launching. Zelle's banking partnerships with large banks have allowed it to reach 85 million users rapidly.
One of the Bay Area’s most talked-about startups is getting a new CEO — one with a long history in the food-and-beverage business. Soylent has a new leader. “Starting from scratch and turning my passion for a better food system into a booming business with world class products and employees has been the experience of a lifetime,” former CEO Rob Rhinehart said in announcing his resignation, effective immediately, on Dec. 11. Rhinehart will remain as Soylent’s largest investor, and executive chairman, he said in a blog post. He said his role had evolved toward delegating his responsibilities to scientists, managers and executives who were “clearly better at their roles” than he would be. “After