Accenture PLC (NYSE:ACN) files its latest 10-K with SEC for the fiscal year ended on August 31, 2017. Accenture PLC is a professional service company that provides management consulting, technology services, and outsourcing. It has operations in Ireland and the United States. Accenture PLC has a market cap of $91.29 billion; its shares were traded at around $141.97 with a P/E ratio of 26.11 and....More>>>
Today, ourElite Opportunity Pronewsletter suggestedentering the ProShares UltraShort Bloomberg Crude Oil (NYSEARCA: SCO) for the short term:
If you’re looking to scalp some short-term profits and willing to give up a minor loss in the event we’re wrong, you could enter into SCO, the primary bearish leveraged ETF tracking the price of oil. You’ll just need to be careful in....More>>>
Goldman Sachs Group Inc. has approached a Saudi state-owned entity about a multibillion-dollar deal, according to the bank’s chief executive officer for the Middle East and North Africa.
“We’re very keen on deploying our principal capital in the region in both forms: credit and equity capital,” Wassim Younan said in an interview in Riyadh. “We continue to....More>>>
Canadian Prime Minister Justin Trudeau has renewed his threat to scrap a potential deal to buy fighter jets from Boeing.
Trudeau called the U.S. plane manufacturer’s trade action against Canadian company Bombardier “unwarranted” and added that if Boeing (BA)continues the dispute, Canada won’t be buying Boeing’s F/A-18 Super Hornet fighter jets. The deal could....More>>>
Clearly something has happened.
Back in June, West Texas Intermediate crude was at $44 per barrel and seemingly headed lower. Five months later here we are at $58 per barrel — a 31% increase.
That is a pretty big move and a huge boost to cash flows of oil producers across the globe.
So what happened? Why has the oil market suddenly come back to life?
Source: ThinkstockMay 29, 2018: The S&P 500 closed down 1.2% at 2,689.88. The DJIA closed down 1.6% at 24,362.48. Separately, the Nasdaq was down 0.5% at 7,396.59.
Tuesday was a down day for the broad U.S. markets. Crude oil saw a big drop in Tuesdays session added to a 5% drop last week. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate....More>>>
Many U.S. lawmakers don’t like Chinese telecom giant Huawei very much. They believe that its products are a way for China’s government to spy on American business interests and smartphone users. Huawei presents itself in a very different light. There is no way to tell for certain which perspective is correct.Huawei’s sales in the United States are at stake.
As part of the....More>>>
Teslas Current Financial Position and Near-Term Prospects
Teslas (NASDAQ: TSLA) weak balance sheet raises questions about its ability to meet financial obligations through March 31, 2018, which is when the company indicated Model 3 should reach full production levels of 5,000 units per week, and when many Seeking Alpha commenters expect Tesla to accelerate the Model 3 ramp.
FB data by YCharts
Despite Facebook’s (FB) choppy recent performance, I like the company and the stock. Facebook has faced challenges recently, in the form of Russian election interference and the subsequent changes Facebook has made leading to a decline in U.S. and Canadian users.
Facebook is focused on the long term and is not just trying to maximize short-term profits or....More>>>
The U.S. Energy Information Administration (EIA) reported Wednesday afternoon that U.S. natural gas stocks decreased by 2 billion cubic feet for the week ending November 18. Analysts were expecting a storage addition of about 4 billion cubic feet. The five-year average for the week is an injection of around 3.8 billion cubic feet, and last year’s storage addition for the week totaled 4 billion....More>>>