The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
Related GLD How Overpriced Is Gold Right Now? Asian Markets, Led By Japan's Nikkei Index, Surge Higher As Europe Follows Suit After Calling The Bottom, Here's What I See Happening Next With Oil And Gold (Seeking Alpha)
Related GGG Benzinga's Top Downgrades Benzinga's Top Upgrades ....More>>>
Marathon Oil (MRO), which has been struggling with quarterly losses, will likely become profitable in the coming quarters as it ramps up volumes from its four US onshore assets and benefits from improvement in oil prices.
A number of oil producers, such as ConocoPhillips (COP), Apache Corp. (APA) and Occidental Petroleum (OXY), have posted quarterly profits....More>>>
More and more, companies issue fixed-to-floating securities, and the public seems to like it. Investors take advantage of possessing these stocks as they are protected from higher interest rates. When holding an issue with fixed-to-floating dividend rate, your yield to worst is your YTC. If rates go higher, when the call date comes it will probably be hard for the company to finance itself on a....More>>>
Oil prices are coming back to life. Global demand is soaring on the back of booming global GDP growth and oil inventories are plummeting even during winter which is a historically slow period for demand. As oil prices and the cash flow of oil companies rise, oil producers will inevitably return to offshore with its long life assets. In this environment, offshore drillers are set to outperform. Even....More>>>
U.S. equities mostly finished lower on Thursday as the bulls cooled their heels after a multi-day push to new record highs. Hopes for a bipartisan deal on taxes dimmed slightly after President Donald Trump and Congressional Democrats differed on whether border wall funding would be part of the agreement.
In the end, the Dow Jones Industrial Average gained 0.2%, the S&P 500 lost 0.1%,....More>>>
Source: ThinkstockAugust 2, 2017: The S&P 500 closed relatively flat at 2,477.51. The DJIA closed up 0.2% at 22,016.04. Separately, the Nasdaq closed relatively flat at 6,362.65.
Wednesdays session saw the Dow hit a new all-time high almost solely on the back of Apple, which had a gain of more than 5% on the day. Although Apple did not make the biggest percentage gain in the S&P 500....More>>>
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist
Kanye West, the headline-grabbing entrepreneur and rapper, shared with his 14.9 million Twitter followers this weekend just how much he loves his Tesla. He even garnered the attention of Tesla Inc. (TSLA) CEO Elon Musk, who returned the love in retweet form and reignited the "bromance" be