(Bloomberg) — JPMorgan Chase & Co. strategists expect Corporate America to easily trounce Wall Street’s earnings forecasts. Consensus earnings estimates for the S&P 500 are “overly pessimistic” for the first quarter and companies in the index are poised to deliver a surprise of 4% to 5% on “better-than-feared margins,” according to a team of JPMorgan […]
Read More(Bloomberg) — If stock sales are anything to go by, the heads of some of the largest U.S. oil and gas companies may be signaling that this year’s boom in energy shares is limited. Hess Corp.’s Chief Executive Officer John Hess offloaded $85 million worth of stock in the first quarter, marking his largest quarterly […]
Read MoreCentennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. CDEV $8.8000 -0.4600 % -4.9700 Centennial Resource Development Inc Sector : Oils-Energy Industry […]
Read MoreClick the symbol for the chart and signal Grindrod Shipping Holdings Ltd. (GRIN) Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 32 vessels consisting of 24 owned dry bulk carriers and 7 long-term chartered-in dry bulk carriers. […]
Read MoreAstraZeneca PLC (AZN) AstraZeneca PLC, a biopharmaceutical company, focuses on the discovery, development, manufacturing, and commercialization of prescription medicines. Its marketed products include Calquence, Enhertu, Faslodex, Imfinzi, Iressa, Koselugo, Lumoxiti, Lynparza, Orpathys, Tagrisso, and Zoladex for oncology. MPLX LP (MPLX) MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United […]
Read MoreBuy Price: $39.50 or better Sell Price: TradersPro Sell Signal SilverBow Resources, Inc., an oil and gas company, acquires and develops assets in the Eagle Ford shale and Austin Chalk located in South Texas. As of December 31, 2021, it had proved reserves of 1,416 billion cubic feet of natural gas equivalent. The stocks founds […]
Read MoreA primary economic theme for 2022, no matter whether you start the conversation by talking about the long-term impact of the pandemic, labor shortages, monetary policy, or the devastating conflict in Ukraine really boils down to inflation. Economic metrics were clearly starting show that inflation was picking up steam in late 2021, and this year […]
Read More(Bloomberg) — A major industrial conglomerate has resorted to buying washing machines and tearing out the semiconductors inside for use in its own chip modules, according to the CEO of a company central to the chipmaking supply chain. ASML Holding NV Chief Executive Officer Peter Wennink remarked on the situation, without naming the conglomerate, during […]
Read More