Related Do Terrorist-Suspected Air Disasters Affect U.S. Transportation Sector Stocks? Southwest, Not United, Could Buy Virgin America Says World's Only Airline ETF Manager
The U.S. Global Jets ETF (NYSE: JETS), the lone exchange traded fund dedicated to airline stocks, is down 8.6 percent year-to-date, a decline that's not surprising when remembering the often negative correlation of airline equities to oil prices. The United States Oil Fund (NYSE: USO), which tracks West Texas Intermediate futures, is higher by 7.8 percent this year.
dow jones stock: American DG Energy Inc.(ADGE)
- [By Jim Robertson]
On Thursday, our Under the Radar Moversnewsletter suggested small cap green energy stock American DG Energy (NYSEMKT: ADGE) as a long trade:
As for American DG Energy, today’s push above a technical ceiling at $0.34 is telling, though that clue is made more telling when you see the short-term moving average lines have given us key bullish crosses over the course of the past couple of months; the undertow is turning bullish. What you can’t see on the daily chart is that this is the first time in years we’ve seen higher lows logged for ADGE.
dow jones stock: Aquinox Pharmaceuticals, Inc.(AQXP)
- [By Lee Jackson]
The Baker Brothers biotech hedge fund bought a block of 398,062 shares of Aquinox Pharmaceuticals Inc. (NASDAQ: AQXP) last week. At a per-shareprice of $17.18, the total for the trade came to$6,836,813.
dow jones stock: Bank Of Montreal(BMO)
- [By Monica Gerson]
Bank of Montreal (USA) (NYSE: BMO) is expected to report its quarterly earnings at $1.76 per share on revenue of $5.02 billion.
EVINE Live Inc (NASDAQ: EVLV) is projected to report a quarterly loss at $0.10 per share on revenue of $162.13 million.
- [By Mitchell Clark]
Banks can produce solid earnings growth in the early stages of a rising interest rate environment. This Canadian bank is not expensively priced on the stock market. It currently has an over four percent dividend yield.
The Canadian banking market is small, but it’s protected from foreign ownership and most of the names in this industry have great long-term track records on the stock market.
dow jones stock: Potash Corporation of Saskatchewan Inc.(POT)
- [By Gavin Graham, President, Graham Investment Strategy, Ltd.]
Potash Corporation of Saskatchewan (POT) has seen its share price fall by half over the last three years and almost 20% in the last month. That’s due to the decrease in the price of potash and the collapse of the Belarus Potash joint venture.
- [By Ben Levisohn]
We also want to reiterate our bullish view on the agricultural commodities and the ag-related stocks (e.g., CF Industries Holdings (CF), Mosaic (MOS), Potash Corp. of Saskatchewan (POT), FMC (FMC), AGCO, Deere). Following sharp multi-year declines, trends continue to improve.
- [By Jon C. Ogg]
Potash Corp. of Saskatchewan Inc. (NYSE: POT) was up 25 at $33.12 in Monday afternoon trading. Monday’s gain puts shares up within striking distance of its breakout point from the aftermath this summer that took shares from $38 to $31 and ultimately back under $30 before recovering.
- [By Scott Rubin]
Big gainers on the session included Ritchie Bros. Auctioneers (NYSE: RBA), which added 24 percent, and Potash Corporation of Saskatchewan (NYSE: POT), which climbed almost 11 percent on the day. Losers included Abercrombie & Fitch Co. (NYSE: ANF), which lost more than 20 percent after disappointing earnings results, and G-III Apparel Group, Ltd. (NASDAQ: GIII), which also fell 20 percent on the day.
dow jones stock: Time Warner Inc.(TWX)
- [By Michael Flannelly]
Morgan Stanley analysts upgraded Time Warner Inc (TWX) early on Thursday as they believe the entertainment and media company’s publishing spin-off should help highlight a business that is leveraged to a healthy and growing TV environment.
The analysts upgraded TWX from “Equal-Weight” to “Overweight” and see shares reaching $72. This price target suggests a 14% upside to the stock’s Wednesday closing price of $63.34.
Time Warner shares were up 66 cents, or 1.03%, during morning trading on Thursday. The stock is up 34.06% year-to-date.
- [By Matthew Briar]
If you’re looking for proof that large telecom and traditional cable companies see the writing on the wall for the advent and mainstreaming of over-the-top television (televised content delivered outside of normal cable television venues), look no further than the recently-announced deal between AT&T Inc. (NYSE:T) and Time Warner Inc (NYSE:TWX). AT&T now want to include HBO — owned by Time Warner — as part of its new and still unlaunched DirecTV Now streaming service as a means of making that over-the-top service more marketable to consumers. The deal also gives AT&T the right to broadcast HBO programming through all of its services, including one delivered wirelessly.
The new service will compete with SlingTV and a new planned service from Hulu, which will finally add some network broadcast programming to its mix in what will most likely be seen as a “skinny” bundle…. a lighter version of cable service piped into most houses now.
It shouldn’t come as a complete surprise, of course. Over-the-top television, or OTT, is losing its status as a fringe idea, and moving into the mainstream. Cord-cutting is for real, as is the growing adoption of OTT services like Hulu, Netflix, and soon, DirecTV Now. The over-the-top market is estimated to grow from $28 billion in 2015 to $62 billion by 2020. That’s an estimated annual growth rate of 17%. If AT&T didn’t jump into the fray, at best it would be passing up a revenue opportunity, and at worst it would risk losing out to competitors who were willing to deliver more breadth and depth with a TV/internet package.
It’s just a microcosm of a movement that ultimately bodes well for a young and hungry company called Viva Entertainment Group Inc (OTCMKTS:OTTV).
Seeing the writing on the wall, Viva CEO Johnny Falcones realized the money to be made in the OTT revolution isn’t necessarily going to be in selling and delivering the service in a hyper-competitive market or even creati
- [By Ben Levisohn]
In a note released yesterday, Bernstein’s Todd Juenger and team consider perplexing questions surrounding AT&T’s (T) purchase of Time Warner (TWX), including the fact that the telecom giant now appears to be “developing a specific expertise: managing businesses in secular decline.” They explain:
- [By Sam Mattera]
HBO has its own online service, HBO Go, that is on par with Netflix. But to use it, you still need cable. There have been reports that HBO was considering offering the service separately, but so far, nothing has come of that — and it seems unlikely. HBO’s parent company, Time Warner (NYSE: TWX ) , owns several other cable networks, including TBS, TNT, CNN, and Cartoon Network. Offering HBO a-la carte would be a strike against the larger cable complex, of which Time Warner is a major player.
dow jones stock: Carter's, Inc.(CRI)
- [By Ben Levisohn]
After running through their scenarios,Boruchow comes up with five losers from Trump’s tax plans: Carters (CRI), Urban Outfitters (URBN), Under Armour (UA), Fossil Group (FOSL) and Gap (GPS). He explains why: