Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression....More>>>
AFP / HOANG DINH NAM (Photo credit should read HOANG DINH NAM/AFP/Getty Images)
Beijing is softening its tone in South China Sea disputes, adapting to the American position — freedom of navigation, that is.
That’s according to Wang Guoqing, spokesman for the Fifth Session of the 12th National Committee of the Chinese People’s Political Consultative Conference.
What a difference one word makes. Cowen’s Doug Creutz and Stephen Glagola could have said that it’s not time to panic after Viacom (VIAB) said its negotiations with Dish Network (DISH) have been going nowhere. Instead, they inserted the word “necessarily,” changing the complexion of things. They explain:
Viacom shares are down several percent....More>>>
If you like to put your money where your mouth is, there’s probably no better (or more literal) way to do so than to invest in stocks that focus on dentistry. But if you also like to get money back in the form of dividends, there aren’t too many choices available among dental stocks.
The three top dividend stocks in the dentistry industry are Patterson Companies (NASDAQ:PDCO),....More>>>
Admittedly, the idea for Chemed (NYSE:CHE) to spin off Roto-Rooter is as ancient as the runaway bull market of the past eight years. Hedge funds have been calling for the spin-off for years, one of the earliest examples being MMI Investments all the way back in 2009. I can’t disagree because logically, the move makes plenty of sense. Is it really in shareholders’ best interest to own....More>>>
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(Bloomberg) — China’s anti-graft agency is probing the nation’s top insurance official Xiang Junbo as the government steps up a bid to rein in financial risks amid an economic slowdown.
Xiang, chairman of the China Insurance Regulatory....More>>>
Kelli Williams, a market researcher by day, was looking for a little side hustle. The 38-year-old from Oak Park, Ill., cruised Craigslist and found what seemed like a great moonlighting gig. “It seemed like it would be perfect. You could work as many or as few hours as you wanted and it was all done from your computer, remotely,” she said.
A guy named “Bill” had a....More>>>
“Formula for success: rise early, work hard, strike oil” – J. Paul Getty
I must confess to feeling kind of lonely at times this year being one of a handful of observers of the casino space, (and at times, the only one,) standing firm on my undiminished faith that Las Vegas Sands (NYSE:LVS) valuations were dead wrong. Now, after the Macau Parisian has opened and LVS Q3 results....More>>>