Tag Archives: XOM

General Electric Will Certainly Be 2017’s Worst DJIA Stock

General Electric Co. (NYSE: GE) shares dropped 1.8% last week, closing Friday with a gain of less than 0.2% and a 32-cent (0.18%) decline for the week. GE has no real challenger as the worst performing equity on the Dow Jones Industrial Average (DJIA) index. For the year to date, the shares have suffered a loss of more than 44%.

This is the industrial giant’s 23rd consecutive week as....More>>>

Petrobras Faces A Great Dilemma

On Monday, Brazilian state-run oil giant Petrobras (NYSE:PBR) announced its earnings results for the third quarter that ended on September 30. According to the companys press release, Petrobras made a net profit of $81.1M, primarily thanks to the increase in exports, the growth of oil prices and gains from the sale of Nova Transportadora that occurred earlier this year.

The earnings news....More>>>

Best Performing Stocks To Watch Right Now

Ivanka Trump may have shown that any publicity is good publicity when it comes to selling fashion.

Despite a boycott and a decisionby Nordstrom to no longer carry the brand, Ivanka Trumps fashion line soared in online sales of individual items last month, according to a major e-commerce site.

Trumps brand was in 11th place based on the number of items sold, according to Lyst, a fashion....More>>>

3 Reasons Exxon Mobil Corporation (XOM) Stock Bears Are Wrong

Shares of the U.S.’ largest oil company Exxon Mobil Corporation (NYSE:XOM) have been hard hit so far this year — losing 15% over the past 8 months. This month, a second-quarter earnings miss and worries about the effects of hurricane Harvey have driven the shares to trade near 52-week lows. However, don’t be fooled by the negative sentiment that’s brought....More>>>

Texas Oil & Gas Industry Recovering from Harvey

Source: ThinkstockAs water levels drop in the areas hardest hit by tropical storm Harvey, the focus has turned to the hundreds of thousands of people affected by the storm who require shelter, food, and help getting their lives back together. That is as it should be.

At the same time, the oil & gas industry of south and east Texas continues to inspect facilities and begin the....More>>>

share market tips

The post-election “Trump rally” occasionally sputters but remains surprisingly on track, as the major indices continue to motor ahead and smash records. And yet hopeful investors also are biting their nails, because of a nagging reality: this aging bull market is overvalued and considerably overdue for a correction.

Wall Street caught a glimpse of a salient “correction trigger”....More>>>

The Japanese Government's Pension Fund Made A Cool $70 Billion Last Year

The world's biggest pension fund is now 7.9 trillion yen richer ($70 billion) richer. Japan's Government Pension Investment Fund earned a 5.9 percent return for the one-year period ended March 31, Bloomberg reported.

The fund now holds 144.9 trillion....More>>>

Chevron: Getting Ready To Pull The Trigger

Chevron (NYSE:CVX) is a company I have had my eye on for quite some time.

I have already elaborated on the mistake I made as a naive young investor, having panicked and sold my shares in Chevron at a price of $70, having been overly convinced by the media doom sayers that the oil industry will never be the same again.

However, from a long-term financial standpoint, Chevron....More>>>

Chevron: Getting Ready To Pull The Trigger

Chevron (NYSE:CVX) is a company I have had my eye on for quite some time.

I have already elaborated on the mistake I made as a naive young investor, having panicked and sold my shares in Chevron at a price of $70, having been overly convinced by the media doom sayers that the oil industry will never be the same again.

However, from a long-term financial standpoint, Chevron....More>>>

Best Stocks To Buy Right Now

We continue to believe that financial stocks are quite undervalued as well. During the quarter we made a new investment in Ally Financial (NYSE:ALLY). Ally was founded nearly a century ago as General Motors Acceptance Corporation. Its purpose then was to provide financing to GM dealers and retail customers. Today, Ally is no longer owned by GM. It serves a wide variety of dealers (including Ford,....More>>>