The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 425.9 million barrels. The commercial c
As North America’s bull market continues to see extended gains following Donald Trump’s presidential victory, many investors are beginning to question current valuation levels in the face of increased global uncertainty. When attempting to rebalance one’s portfolio in order to preserve capital, companies like Wal-Mart (NYSE:WMT), J&J (NYSE:JNJ), and General Mills (NYSE:GIS)....More>>>
As tax season gets into full swing, consumers get bombarded by companies looking to get a piece of their tax refund.
Retailers, car dealers, and pretty much anyone who has something to sell recognizes that a little extra money can burn a hole in some people’s pockets. And since the average American got a refund of $3,120 in 2015, according to the Internal Revenue Service (IRS), there....More>>>
Credit Suisse analyst and teamGregory Lewis and team contend that Noble (NE) is “positioning for [an] eventual recovery” in offshore drilling, with emphasis on the word “eventual” but worry about They explain:
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We had the opportunity to host meetings with Nobleearlier this week. Management focused on its strong medium-term....More>>>
Around a month ago, I published an article on Seeking Alpha where I looked at the oil production trends of the Permian Basin, one of the largest oil and natural gas producing regions covered by the EIA (Energy Information Administration) in its monthly Drilling Productivity Report (the largest for oil to be specific). After seeing fresh data come out regarding the region, I figured it would be a....More>>>
On Dec. 14, 2016, the federal funds rate was hiked by 25 basis points to 0.75%. More hikes are expected in 2017, but early this month, Fed FOMC members decided to maintain the interest rate at 75% for the time being without ruling out further increments. The next meeting of the Fed is slated for Wednesday, March 15, and analysts believe that the current rate of 0.75% will hold.
Facebook (NASDAQ:FB) is often considered the 800-pound gorilla of internet growth stocks. The social network’s monthly active users (MAUs) rose 17% annually to 1.86 billion last quarter, and analysts expect its revenue and earnings to respectively grow 37% and 28% this year. Those numbers look solid, and make its forward P/E of 20 look fairly cheap.
However, investors should also recognize....More>>>
The Wheel of FORTUNE just concluded an interview, part of SA partnership with Cheddar TV to produce a Seeking Alpha "Idea of the Month" slot. These interviews are always a challenge because i) they are very short in nature (only 4-5 minutes), and ii) since it's live TV we are dealing
Pico Far East Holdings (OTC:PCOFF) [HKG:752], Asia's largest exhibition services provider, trades at an ex-net cash trailing P/E of just 10 times. This represents attractive valuations for a market leader which has generated 15-20% ROEs in the past decade and also has been profitable and free c
Have you ever "unplugged" from your cell phone? If you have, you've likely experienced the phenomenon of phantom vibrations -- the perception that your phone is ringing or vibrating when in fact it's not. (In the 1990s, people reported incidences of "phantom pager syndrome.")