Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
About a month ago, Tesla(NASDAQ:TSLA) CEO Elon Musk did investors a disservice when he dismissed very legitimate questions from sell-side Street analysts. Musk incorrectly thought that the analysts were trying to justify their short theses, which wasn't the case and later conceded that it was "fo
GTPL reported standalone 4Q and FY18 results, and consolidated FY18 results on Friday. Its consol. revenue of INR 10.9bn [+20% yoy] was 2.8% below our forecast, but excluding activation, adjusted revenue of INR 10.0bn was 2.3% lower. Further, FY18 EBITDA of INR 2.92bn [+42%] was 4.6% lower, but adj. EBITDA of INR 1.98bn [+51%] was merely....More>>>
Are you ready to get slammed with even more advertising? You need to be, according to new research released Monday from eMarketer. The firm forecasts global advertising spending will total $628.63 billion this year, with nearly 71% of that spend targeting Asia-Pacific and North American consumers.
Year over year, spending is expected to rise by 7.4%, partly due to the 2018 World Cup tournament....More>>>
Freshpet (NASDAQ:FRPT) – Research analysts at William Blair reduced their Q2 2018 earnings estimates for shares of Freshpet in a research note issued to investors on Monday, May 7th. William Blair analyst J. Andersen now expects that the company will post earnings per share of ($0.09) for the quarter, down from their prior forecast of ($0.04). William Blair also issued estimates for Freshpet’s....More>>>
Denali Therapeutics Inc. (NASDAQ: DNLI) entered the markets with a bang on Friday. In its initial public offering (IPO), the company priced its 13.89 million shares at $18 apiece, within the expected range of $17 to $19 per share. There is an overallotment option for an additional 2.08 million shares. At this price, the entire offering is valued up to $287.5 million.
A top editor for the New York Times provided more than an hour of testimony on Wednesday, as a federal judge in Manhattan continues to weigh whether to proceed with Sarah Palin’s defamation lawsuit against the newspaper.
Fielding questions from attorneys representing both Palin and his paper, Times editorial page editor James Bennet detailed the writing and research behind a piece....More>>>
Shares of crude-oil tanker operator DHT Holdings (NYSE:DHT) gained 13% in the first month of the new year, rising from $4.14 at the start of January to end at $4.69 at its close. Since February began, DHT’s stock has roughly maintained its gain.
DHT operates a fleet of 20 crude-oil tankers out of its headquarters in Bermuda.The prices it can charge....More>>>
Wednesday was an interesting day on Wall Street, with most major benchmarks finishing the session in the green even after having seen early declines. The Dow Jones Industrial Average had been down triple digits at various points, but favorable news from the Federal Reserve's Open Market Committee
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After winning re-election in a vote derided as a sham, Venezuelan President Nicolas Maduro is embarking on a more difficult task: persuading everyone who labeled him a ruthless autocrat that he’s allowing enough freedom to avoid more punishment or international retribution.
Italian stock and bond prices finished lower Tuesday, weighing on the broader European equity bourses, as the countrys new prime minister outlined the coalition governments vision for the eurozones third-largest economy.
However, European tech stocks overall were pushed to a multiyear hig