Energy Recap: Rig Count Falls, A New Oil Production Chart To Consider
By SA Editor Michelle Carini : Welcome to the latest edition of the Energy Recap. This week, we’re sharing an oil production chart that displays the latest available figures for weekly U.S. crude oil output and the total number of oil rigs. The chart is dated from November 2011 through today. (-) Energy Articles of... Read More →
How Twitter Inc. Was Eclipsed By Its Chinese Clone
Weibo (NASDAQ: WB) , commonly referred to as “China’s Twitter (NYSE: TWTR ) “, is now slightly more valuable than the original Twitter. At the time of this writing, Weibo’s enterprise value has hit $10.9 billion , compared to Twitter’s enterprise value of $10.1 billion . That gap could even widen in the near future,... Read More →
McKesson Dives on Falling Earnings, Weak Guidance
One of the most contentious business issues in the 2016 presidential election campaign is the question of whether pharmaceuticals are too expensive. Political rhetoric has spread into the wholesale pharmaceutical business, and McKesson (NYSE: MCK) has to be concerned that increased regulation could eat into its profitability in the long run. Coming into Thursday’s fiscal... Read More →
National Instruments Starts Turning the Corner
Businesses that serve the industrial sector are prone to cyclical ups and downs, and National Instruments (NASDAQ: NATI) has faced plenty of those business cycles in its history. The provider of testing and diagnostic tools for industrial, scientific, and engineering applications has gone through some tough times over the past year, and coming into Thursday’s... Read More →
3 New, Must-Read Quotes From Tesla Motors, Inc. CEO Elon Musk
When electric-car maker Tesla Motors (NASDAQ: TSLA) reported third-quarter results on Wednesday, Oct. 26, the report itself was definitely notable. Soaring revenue helped the company achieve a surprising profit and heady operating cash flow . But, as usual, some of the most interesting tidbits from Tesla’s quarterly update came from management’s conference call after the... Read More →
When an Activist Investor Limits Your Upside
In some cases, an activist investor could be looking for a short-term exit, while you’re hoping for long-term gains. As a result, you could be stuck with a higher cost basis than the activist investor. In this clip from Industry Focus: Tech , Motley Fool analyst Dylan Lewis and contributor Evan Niu, CFA, discuss how... Read More →
Lockheed Martin Books a Blockbuster Quarter — With More to Come
Lockheed Martin’s F-35 fighter could be a huge win — or it could blow up the company’s cash flow statement. Image source: Getty Images. Investors were hoping for a strong quarter at Lockheed Martin (NYSE: LMT) Tuesday. They were not disappointed. Reporting its financial results for the fiscal third quarter 2016, a quarter in which... Read More →
The Benefits of Having an Activist Investor on Your Side
Activist investors can bring a lot to the table in terms of financial and investing expertise, as well as demanding a fair deal on behalf of all shareholders. In this clip from Industry Focus: Tech , Motley Fool analysts Dylan Lewis and Evan Niu, CFA, discuss the benefits of having a major activist investor hoping to... Read More →
Mack-Cali (CLI) Q3 FFO Beats Estimates on Solid Revenues
Mack-Cali Realty Corp. CLI reported third-quarter 2016 core funds from operations (“FFO”) per share of 56 cents, beating the Zacks Consensus Estimate by a penny. It was also up 16.7% from the prior-year quarter tally of 48 cents. The better-than-expected result at Mack-Cali was supported by increased base rents in 2016. Moreover, total revenue registered... Read More →
CIT Group's (CIT) Q3 Earnings Miss Estimates, Stock Down
CIT Group Inc. CIT announced third-quarter 2016 earnings from continuing operations of 73 cents per share, which lagged the Zacks Consensus Estimate of 79 cents. However, the figure surpassed the year-ago tally of 26 cents per share. Shares of CIT Group declined nearly 1.5% as investors remain concerned about the increase in the company’s non-accrual... Read More →