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
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-645121406&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/645121406/960×0.jpg?fit=scale&q; data-height=&q;716&q; data-width=&q;960&q;&g; Sheldon Adelson reportedly is considering paying for a new U.S. embassy in Jerusalem. (Photo by Ethan Miller/Getty Images)
In one of the most frightening stories I&s;ve read since....More>>>
What’s Next: Bob Iger vs. Brian Roberts. Well-placed sources tell me Disney and 21st Century Fox are scheming a counter-counter offer for Sky now that Comcast has officially made its bid for the British broadcaster. What remains to be seen is whether Disney will cut out Fox as the middle man and lead the pitch itself.
Sign up for PACIFIC: The new CNNMoney newsletter about the center....More>>>
In its annual mobile apps survey, Research firm Gartner predicted that by 2019 virtual assistants will account for 20% of all smartphone interactions. With that level of user engagement, predictably all of the largest technology companies are invested in the segment and each brings a different strength to the field.
Will 2017 be the year of the virtual assistant? Image source: Pixabay.
Starting with a simple tweet on September 21st, 2015, Hillary Clinton has been pummeling Biotech stocks since her Presidential Campaign first began. In fact, Clinton has caused dramatic drops in the iShares Nasdaq Biotechnology ETF (IBB) at least three times in the past 14 months. The thought of Clinton winning the presidency, and the corresponding assault on the Biotech sector,....More>>>
Guggenheim’s Louise Chen and team argue that oral Relistor, which helps relieve constipation caused by the use of opioids, could be a $1 billion opportunity for Valeant Pharmaceuticals International (VRX):
After meeting with the senior management team of Progenics (PGNX) , Valeant’s partner for oral Relistor, we continue to think that this drug would be a....More>>>
Valeant Pharmaceuticals will report its Q4 earnings on February 28th. VRX stock remains a risky bet going into the earnings. Flickr
Valeant Pharmaceuticals Intl Inc(NYSE:VRX) stock has been rallying going into this earningsseason. Valeant stock is up by more than 20% since the beginningof February. VRX stock is currently facing resistance from the100-day simple moving average trendline.....More>>>
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Simon Property Group (NYSE:SPG) and General Growth Properties (NYSE:GGP), the country’s two biggest mall owners, are getting understandably tired of stores in their properties closing and of the subsequent vacancies. So they couldn’t have been thrilled when Aeropostale (NYSE:ARO), a large teen-apparel retailer based primarily in malls, filed for bankruptcy in May.
Resolute Forest Products (NYSE:RFP) is primarily involved in Newsprints, Specialty Papers, Wood Products and Market Pulp. As the downturn in global commodities intensified, RFP was not spared as all four of the company’s business segments got hit. Management has concentrated on lowering the cost of every segment but these actions were not enough to compensate for the deterioration of prices....More>>>
As promised, natural gas pipeline giant Kinder Morgan (NYSE:KMI) returned to growth mode in 2018. Overall, the company hauled in $1.247 billion ($0.56 per share) of distributable cash flow during the first quarter, which was 3% higher than the year-ago period, and beat its forecast.
Retirement is a milestone most of us will someday reach, because few people work until the end of their lives. But only around one-third of Americans are very confident they'll have enough money to live comfortably -- and some may actually be too confident, because we tend to overestimate how lo
Venezuela is experiencing hard times; who would doubt that? There are an infinite number of articles about how bad it is in Venezuela, starving people, no basic medical essentials, people coming to Colombia to buy food, etc. I don't see a need to repeat it all here. What stands out in this flow o