After eight-straight losing sessions, the Dow Jones Industrial Average ($DJI) might draw support Friday from stronger overseas markets overnight. Without much data or earnings news on the calendar, the focus sits squarely on OPEC amid talk that a crude oil production increase might be in the card
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
Higher yields, weaker gold and utility stocks have hurt “flight to safety” investments.
The rise in the 30-year bond yield held its 200-week simple moving average at 3.05% over the past two weeks. And the gold bullion exchange-traded fund held its 61.8% Fibonacci retracement level of $112.04 on Friday.
The yield on the 30-year U.S. bond rose to as high as 3.091%....More>>>
Credit Suisse analyst and teamGregory Lewis and team contend that Noble (NE) is “positioning for [an] eventual recovery” in offshore drilling, with emphasis on the word “eventual” but worry about They explain:
Agence France-Presse/Getty Images
We had the opportunity to host meetings with Nobleearlier this week. Management focused on its strong medium-term....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
Plug Power Inc (NASDAQ:PLUG) shares were skyrocketing to kick off the week.
The surge comes amid news the company’s announcement that Amazon.com, Inc. (NASDAQ:AMZN) acquired 23% of the company’s shares. The move comes as the e-commerce retailer seeks to up its spending in the fuel-cell industry.
Top 5 Safest Stocks To Own For 2017: Hawaiian Holdings, Inc.(HA)
The financial sector has performed terribly this year, and the SPDR S&P Bank ETF (KBE) has performed even worse. Now, Cornerstone Macro’s Carter Worth offers 20 beaten down stocks for a financial sector catch-up trade, including Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), and Wells Fargo (WFC). He explains why:
Graham Holdings (NYSE:GHC) is best known for its Kaplan educational segment, but that doesn’t mean that Kaplan is necessarily the best-performing part of Graham’s business. Lately, education has been under siege, and Graham has had to use other business exposure to stay strong.
Coming into Friday’s fourth-quarter financial report, Graham Holdings investors were curious to....More>>>
Just so no one accuses me of playing favorites after posting a list of the 15 stocks for a Donald Trump victory, here’s Deutsche Bank strategist David Bianco’s list of 15 stocks for a Hillary Clinton win:
Its difficult to pin down specific policies from either candidate, but on several economic issues their general bias is clear. These issues include taxes, trade deals, favored....More>>>
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
Havven (CURRENCY:HAV) traded 9.4% lower against the dollar during the one day period ending at 8:00 AM Eastern on June 11th. Havven has a market cap of $29.29 million and approximately $969,776.00 worth of Havven was traded on exchanges in the last 24 hours. In the last seven days, Havven has tr
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
Despite a growing economy and the lowest U.S. unemployment rate in 16 years, things arent looking up for many Americans financial fragility is especially an issue for people with low incomes and for minorities, according to the new 2017 Prosperity Now Scorecard.
Shares of Parker Drilling (NYSE:PKD) were down 2.3% on Thursday . The stock traded as low as $0.41 and last traded at $0.42. Approximately 26,000 shares were traded during trading, a decline of 99% from the average daily volume of 2,172,783 shares. The stock had previously closed at $0.43.