Energy was a key sector driving profits for S&P 500 index in 2017. Per the latest Earnings Trends, the index witnessed year-over-year earnings growth of 7.1% last year. However, excluding the Energy sector, the index’s earnings growth fell drastically to 4.4%.
Related AMZN Here's All The Sell-Side Reaction To Hewlett Packard Enterprise's Q4 Earnings Analyst: Hewlett Packard Enterprise Has 'Zero Chance Of Remaining Relevant' Thanksgiving Online Sales Growth Strong; Target Touts Apple Gear (Investor’s Business Daily)
Related CVX Trump's Saudi Oil Ban....More>>>
Fox News Network is being sued by a dozen black employees, some current and some former, who are charging the company with allowing years of racial discrimination and creating an abusive work environment.
And a thirteenth employee has filed a discrimination charge with the Equal Employment Opportunity Commission, says the workers’ attorney Douglas Wigdor.
Shock, horror! U.S. President Donald Trump may prioritize the European Union (EU) over Britain for a trade deal following discussions in Washington with Germany’s Chancellor Angela Merkel. Remainers in the UK weren’t surprised and reacted with heavy sarcasm. But what does it mean for UK export and investment prospects?
Alastair Campbell, journalist, broadcaster and Downing....More>>>
There will be a buying opportunity in Exxon Mobil (NYSE:XOM), but it isn’t today. I’m looking at a live feed of the futures market right now and crude oil, via the WTI is down about 4%, with the Brent showing a similar plunge. At the end of the day, Exxon’s strength comes from high crude oil prices and while they’re one of the best companies in the space – and a heavily....More>>>
T. Boone Pickens is one of the best energy investors on Earth, and right now hes quietly accumulating a position in one little-known pipeline company – Enterprise Products Partners LP (NYSE:EPD).
The oilman made a fortune in the energy patch; first as a wildcatter through the 1960s, then as a corporate raider in the 1980s, and most recently as a trader through his hedge fund BP Capital.....More>>>
Investors are pouring money into index funds. According to the Wall Street Journal, index funds received a record $400 billion-plus in new assets in 2016. Almost all index funds simply own stocks in proportion to their size. Is there a better way?
Investing in a market capitalization-based index is perfectly reasonable, but it means that a small number of stocks with the highest market capitalization....More>>>
The comparison between Snap (NYSE:SNAP) and Facebook (NASDAQ:FB) is inevitable. Snap went public this past Thursday, and the stock has been up 65% from the IPO price of $17/share in a matter of days. Meanwhile, the Menlo Park company went public in May 2012 and, unlike Snap, its IPO (priced at $38/share) struggled to gain traction in the early days. FB’s shares lost about half their market....More>>>
Fears about a Donald Trump presidency may be misplaced, according to Goldman Sachs Group CEO Lloyd Blankfein in an interview published in the German newspaper Handelsblatt.
Blankfein, head of the worlds most prominent investment bank, said Trump would be a level-headed leader despite his controversial anti-immigration rhetoric and his protectionist stance on trade policies. Trump has proposed....More>>>
If one is to truly allege that the digital asset is little more than a massive ploy to defraud unwitting investors of their money, la Bernie Madoff, then one must admit that the entire stock market itself is one giant hustle, too.
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.
In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox (Pending:DBX), a storage solution for a world where gigabyte files are the rule rather than the exception, with a filing on February 23. Following close after,
U.S. stock futures moved sharply higher on Monday, indicating Wall Street may extend gains seen late last week after data showed a strong increase in jobs created, but weaker-than-forecast wages. Dow futures