Though the market has only risen slightly this year, with the S&P 500up about 1% year TO date, stocks are still up significantly over longer time horizons. Over the trailing one- and three-year periods, for instance, the S&P 500 is up 12% and 28%, respectively. With stocks trading much higher than they were a few years ago, some investors may be looking to put their money in more quality,....More>>>
Kinder Morgan Inc. (NYSE: KMI) and its Canadian subsidiary Kinder Morgan Canada Ltd. already deliver 300,000 barrels a day of oil from the oil sands of Alberta to the coast of British Columbia. In late 2016, the company received approval from the Prime Minister Justin Trudeau and the federal government to proceed with a plan to expand the Trans Mountain pipeline to transport nearly 900,000 barrels....More>>>
President & CEO of The Eastern Co (NASDAQ:EML) August M. Vlak bought 5,000 shares of EML on 05/19/2017 at an average price of $25.9 a share. The total cost of this purchase was $129,500.
The Eastern Co is a manufacturer and seller of industrial hardware, security products and metal castings. It operates in three business segments: Industrial Hardware, Security Products and Metal Products.....More>>>
Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression....More>>>
As we close out 2017, it’s good to remind ourselves of what worked, and what didn’t. This past year, though, makes this introspective exercise rather tricky. Although Wall Street early on forecasted a rough 2017, the end result was quite the opposite. Benchmark indices hit all-time records, while most sectors witnessed tremendous optimism. Who needs dividend stocks at a time like this?
Target Corporation (TGT) offers a perfect buying opportunity to long-term investors, as the company continues to generate optimistic results, while strong operational and timely business strategies will allow it to outperform the market headwinds. Retailers have experienced significant losses in the first half this year due to rising inflation, increasing costs, mounting competition and tightening....More>>>
Ready or not, the Canadian cannabis industry is about to flower before our eyes. Over the next couple of weeks, it’s highly expected that Canada will officially legalize recreational marijuana, becoming the first developed country in the world to do so. By September or October, adults should be able to purchase marijuana legally in Canada.
What does the legal weed industry mean for....More>>>
Today, Seadrill (NYSE:SDRL) announced that the restructuring of the company is on the way, but as communicated earlier it’s turned out to be more difficult than expected. They now hope to get all of the parties to come to an agreement by end of April 2017. That is when the $317M facility on the rig West Eminence matures. Lenders have already given them more time, as the deadline for payment....More>>>
Aurora Cannabis (NASDAQOTH:ACBFF) did it again. In February, the Canadian marijuana grower posted fantasticfiscal second-quarter results. On Tuesday, Aurora announced its Q3 results. And the company once again hit the ball out of the park, with CEO Terry Booth pointing to Aurora’s “exceptional performance across all functions.”
While the company’s Q3 update was chock-full....More>>>
XL Group Ltd (NYSE:XL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. XL Group Ltd provides insurance and reinsurance service. It provides property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises. XL Group Ltd has a market cap of $11.12 billion; its shares were traded at around $43.45 with....More>>>