Oil prices ended higher Thursday for a second straight session, buoyed by signs of growing global crude demand, but concerns surrounding surging U.S. shale production kept gains in check.
On the New York Mercantile Exchange, April West Texas Intermediate futures
General Electric has a mountain of legal problems.
The company’s well-established financial troubles could be made worse by legal headaches that may cost the conglomerate billions of dollars, new filings show.
The SEC is investigating GE’s accounting tactics and its massive insurance losses. The Justice Department is probing GE’s (GE) pre-crisis sale of subprime....More>>>
QuickLogic Corp (NASDAQ:QUIK) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. QuickLogic Corp is engaged in developing and marketing semiconductor and software algorithm solutions for mobile and portable electronics. QuickLogic Corp has a market cap of $135.500 million; its shares were traded at around $1.69 with and P/S ratio of 10.30. QuickLogic Corp had annual average....More>>>
Last week, Skechers (SKX) presented at UBS Global Consumer and Retail Conference, giving interesting updates on the status of their business and their expectations for the future. I think its worth refreshing our view of the stock and its attractiveness.
Skechers has lived moments of fast growth followed by periods of decelerations, and the most recent contraction in the stock price,....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-927683298&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/927683298/960×0.jpg?fit=scale&q; data-height=&q;643&q; data-width=&q;960&q;&g; Nicolas Maduro with Cuban President Raul Castro during the Bolivarian Alliance for the Peoples of Our America Summit at the Miraflores presidential palace in Caracas on March 5, 2018.....More>>>
Valeant Pharmaceuticals(NYSE:VRX) stock jumps after the company sold Dendreon for hefty gains.
Shares of Valeant (NYSE:VRX) jumped more than 14% in pre-market trading yesterday, after the Canadian drug maker announced its long-awaited asset sale plans. The stock later gave away some of its gains after Moody’s released a report stating that the asset sales will not impact....More>>>
With oil prices stabilizing and OPEC apparently agreeing to production cuts (for now), it suggests that some of the beaten-down energy stocks on the market may be stocks to buy at this point in time.
Source: SMelindo via Flickr (Modified)
Readers of my column know that I consider some form of fossil fuel energy holding to be vital for any long-term diversified portfolio. One....More>>>
Xbiotech’s potential upside vs. downside
Xbiotech (NASDAQ:XBIT) has presented the abstract of its European Phase III trial of Xilonix to treat patients with metastatic colorectal cancer (mCRC) refractory to standard treatment at the ESMO GI (European Society for Medical Oncology) 2016, early July. The abstract has shown a 76% relative increase in clinical response rate (CRR), associated....More>>>
Platts reported last week that North Dakota oil production grew 74,000 bpd in October – the biggest monthly gain ever. The North Dakota Department of Mineral Resources cited the OPEC supply cut agreement and global economic growth as responsible for the rise. No doubt those were contributors. However, the biggest factor may be the additional 470,000 bpd of incremental Bakken shale exit capacity....More>>>
Related Banking Problems In The Cannabis Industry Are 'Somewhat Overblown In The Press' IAnthus CEO Talks About Raising Capital For U.S. Cannabis Companies In Canadian Markets And Marijuana Stocks To Watch
Earlier this month, cannabis-focused financing and advisory firm....More>>>