Credit Suisse analyst Gregory Lewis and team highlight seven factors that will help sway how investors react to earnings from offshore drillers like Transocean (RIG), Noble (NE),Diamond Offshore Drilling (DO), Seadrill (SDRL), and Ensco (ESV):
Matthew Lloyd/Bloomberg News
Earnings Season: Things To Watch
1) Extending Duration.Transocean remains focused on increasing financial....More>>>
Wall Street investors have shrugged off recent worries to propel stocks to fresh all-time highs, but this weeks meeting of Federal Reserve policy makers might provide investors the clearest sign yet about the health of the U.S. economy and how the central bank is construing stubbornly low inflation.
The Fed gathering set for Tuesday and Wednesday comes against the backdrop of a host of recent....More>>>
Boenning & Scattergood’sFloris van Dijkum andAndrew Crespo worry that Seritage Growth Properties (SRG), the Sears (SHLD) real-estate spinoff, will not only have to raise more cash but seriously overvalued to boot:
We reiterate our Underperform rating on SRG following third quarter results that came in marginally above our estimates. The likelihood that....More>>>
Source: ThinkstockMay 23, 2017: The S&P 500 closed higher on the day, up 0.2% at 2,398.45. Separately the DJIA closed up 0.2% as well at 20,938.59. The Nasdaq closed relatively flat at 6,138.71.
Although the broad markets had a positive day even if it was only slightly. Crude oil continued to push higher again on Tuesday back above $50 and now above $51. The main drag on the markets that....More>>>
Todays young people fear that they will never see Social Security benefits. The reality is, 3% of elderly Americans already dont.
The three main groups of people who never receive Social Security benefits include infrequent workers (44.3%) who do not have sufficient earnings to qualify for the benefits, immigrants who arrived in the U.S. at 50 or older (37.3%) and therefore havent worked....More>>>
Patrons enjoying an evening outdoors at Bryant Park Grill & Caf茅 (Source: Company Website)
Ark Restaurants Corp. (NASDAQ:ARKR) owns and operates 21 restaurant/bars and 19 fast food concepts/catering operations with different trade names except for Gallagher’s and Rustic Inn, of which there are pairs of each. Notably, ARKR owns Bryant Park Grill &....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins