Teacher Retirement System of Texas lowered its position in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 7.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 123,015 shares of the energy company’s stock after selling 10,346 shares during the quarter. Teacher Retirement System of Texas owned....More>>>
February 27, 2017: Markets opened lower Monday but picked up steam shortly after the bell and rose fairly steadily throughout the day. Energy and real estate were the leading gainers while telecom and consumer staples were the laggards. WTI crude oil for April delivery settled at $54.05 a barrel, up 6 cents on the day. April gold added 50 cents on the day to settle at $1,258.80. Equities were headed....More>>>
Source: ThinkstockJanuary 5, 2018: The S&P 500 closed up 0.7% at 2,742.70. The DJIA closed up 0.9% at 25,291.67. Separately, the Nasdaq was up 0.8% at 7,136.56.
Friday proved to be yet another positive day for the broad U.S. markets, with all major exchanges hitting a new record high. With the first week of 2018 in the books, it seems that the markets can only go up from here with the....More>>>
There’s no way around it: the S&P 500 now has a P/E ratio of more than 26 going into the first earnings season of 2017, and even the “safest” bets are starting to look scary.
Unless we see massive profit growth all around, there’s a real risk this bull market is going to stutter—or worse.
So where do you go for value? It’s....More>>>
Toward the end of trading Wednesday, the Dow traded down 0.03 percent to 24,780.11 while the NASDAQ climbed 0.41 percent to 7,310.57. The S&P also rose, gaining 0.27 percent to 2,713.72.
Leading and Lagging Sectors
Wednesday afternoon, the energy shares climbed 1.59 percent. Meanwhile, top gainers in the sector included SeaDrill Limited (NYSE: SDRL), up 77 percent, and EP Energy....More>>>
Investors sure do change their minds quickly.
Traders are racing to rethink their views on the paceof Federal Reserve interest-rate increases after a stronger than expected reading on inflation. The question now is whetherthe datawill remain strong enough to keep the market buoyant.
So-called core inflation, which strips out volatile food and energy categories, rose 0.3% last month,....More>>>
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>>>
Image source: Getty Images.
In some ways, 2016 was the best of times and the worst of times for M&A in the oil patch. On the downside, the sector saw two notable deals fall apart (Energy Transfer-Williams Companies and Halliburton-Baker Hughes), and it lacked a headline-grabbing megamerger such asRoyal Dutch Shell’s 2015 decision to pay $53 billion for BG Group.
September 13, 2017: Markets opened mixed Wednesday and none of the major indexes has strayed far from the break-even line with less than an hour to go until the closing bell. The producer price index rose by 0.2%, a little less than expected. Among the sectors, energy has posted the largest gain following the report on U.S. inventories while real estate and healthcare lagged. WTI crude oil for October....More>>>
From July 16, 2014, to January 25 last year, Eaton’s (NYSE:ETN) performance relative to the Standard & Poor’s 500 Index was dismal. Subsequently, it outperformed the Index by 34.9 percentage points.
Neither date coincided with an earnings announcement or other obvious cause for dramatic change in Eaton’s relative performance. The 2014 date was 13 days before a disappointing....More>>>