Enbridge (NYSE:ENB) annouced in 2016 that it would buy Spectra Energy (NYSE:SE) for nearly $28 billion dollars. The deal has yet to close, but is projected to close some time this quarter, likely towards the end of it in March. A few months ago, I wrote about my opinion on the acquisition, particularly as it related to how good of a deal Spectra shareholders received. This acquisition creates the....More>>>
The last time I wrote about Alibaba (BABA) was in June 2015 in the article titled:
Alibaba: Turnaround in Play, Current Stock Strength Will Continue
At the time the article was written, the stock was trading at about $90, since then the price increased about 88%. Alibaba is achieving strong year-over-year revenue and earnings increases. I see plenty of further growth ahead for the....More>>>
President Trump has called reporters dishonest, said the media is “the enemy of the American people,” and mused about making it easier to sue journalists. And, according to a new report, he has gone even further than that in private, telling then-FBI Director James Comey that Comey should consider locking reporters up.
Trump said this to Comey during a meeting in the Oval Office....More>>>
Related BNO In This Bearish Environment, Why Are Pros Long Oil? Expect More MLP ETFs To Come To Market The Oil Game Heats Up As The Freeze Melts Down (Seeking Alpha)
Related USO Morgan Stanley At Dubai Analyst Conference: Oil Stuck In $25-$45 Range With Oil Prices Stabilizing, Morgan Stanley Upgrades Devon....More>>>
Toward the end of trading Wednesday, the Dow traded down 0.38 percent to 23,321.54 while the NASDAQ declined 0.33 percent to 6,715.50. The S&P also fell, dropping 0.35 percent to 2,569.80.
Leading and Lagging Sectors
Wednesday afternoon, the telecommunications services sector proved to be a source of strength for the market. Leading the sector was strength from Consolidated Communications....More>>>
Related Benzinga's Top Initiations Barclays Bullish On Cotiviti Shares Related MDVN Mid-Afternoon Market Update: CIFC Rises Following Acquisition News; Marathon Oil Shares Slide 10 Biggest Mid-Day Gainers For Monday Pfizer Pays Up (Seeking Alpha) ....More>>>