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July 14, 2017
Well, it looks like the U.S. shale oil industry is going to chalk up another lousy year of financial losses in 2017. This shouldn’t be a surprise as the U.S. shale oil industry hasn’t made any real money since 2008.
Adding to silly Commerce Department reporting of “auto sales”, today we learn business inventories were up 0.3%, led by autos up 1.1%. The rise in inventories matched the Econoday consensus estimate. Inventories are looking to be a slight positive for second-quarter GDP as
Speculators are running scared in the paper precious metals markets. And that’s a good thing. The past few months’ correction has finally led hedge funds and other technical/momentum traders to shed their long positions and load up on short bets.
Being a dividend investor has two major advantages, first of all you do not rely that much on the changes of the share price and when the stock price is on a very low level you just collect the dividends
NRG Energy (NRG – Free Report) has announced its ambitious transformation plan, which is aimed to save nearly $1.065 billion through recurring cost cuts and margin improvements. The plan also calls for divestment of assets in the range of $2.5–$4 billion and usage
Is Amazon getting too big? While that question has yet to be formally asked by the US government, on Friday we got a hint that it may be next on the agenda after the top Democrat on the House antitrust
Is Amazon getting too big? While that question has yet to be formally asked by the US government, on Friday we got a hint that it may be next on the agenda after the top Democrat on the House antitrust
Stocks ended higher last week as earnings season kicked off and investors digested a busy week of macro data. The big bullish catalyst came from global central banks. The U.S. Fed and the European Central Bank (ECB) made dovish comments
Shares of several Macau gaming stocks were lower in early trading after Daiwa analyst Jamie Soo told investors that his checks uncovered that a memo was distributed to customers and key staff by “one of Macau’s largest” junket operators warning
