The U.S. is about to reclaim the top spot on the list of the world's fastest supercomputers. Summit, a $200 million system designed by International Business Machines (NYSE:IBM) for the Department of Energy's Oak Ridge National Laboratory, is tailor-made for big data and artificial intelligence (
Enviva Partners (NYSE:EVA) had its price objective trimmed by Royal Bank of Canada to $33.00 in a research note issued to investors on Monday. The firm currently has an outperform rating on the energy company’s stock.
A number of other research analysts have also commented on EVA. Zacks Investment Research lowered Enviva Partners from a buy rating to a hold rating in a research note....More>>>
Innovation can still produce results even in a sluggish U.S. spine market, as seen with the ongoing growth at companies like K2M (KTWO) and Globus (GMED). In the case of K2M, the story is still about the company’s disruptive product development in degenerative and complex spine, supported by a strong platform in 3D-printed implants. With that, the shares have done okay since my last update....More>>>
Omeed Malik, a Bank of America Corp. prime brokerage executive who left the firm this month, departed after the lender began investigating an accusation of inappropriate sexual conduct, according to a person with knowledge of the situation.
A woman in her 20s complained in December that Malik had made unwanted advances, said the person, who asked not to be identified discussing personnel....More>>>
Chesapeake Energy (NYSE:CHK) – Analysts at Jefferies Group boosted their Q2 2019 earnings per share estimates for shares of Chesapeake Energy in a research note issued to investors on Tuesday, May 15th. Jefferies Group analyst M. Lear now forecasts that the oil and gas exploration company will post earnings per share of $0.10 for the quarter, up from their prior estimate of $0.09. Jefferies....More>>>
One of the richest men in China has made a big bet on an icon of Europe’s automotive industry.
Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billion buying a stake of almost 10% in Daimler (DDAIF), making him the biggest single shareholder in the owner of Mercedes Benz.
Li, who’s estimated to be worth around $18 billion, has....More>>>
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The news of Advaxis (NASDAQ:ADXS) submitting its conditional marketing application in Europe has been well covered on Seeking Alpha so far, both in my 3 Things series and by Terry Chrisomalis in a more....More>>>
I typically write on small cap and other stocks which are much less followed than Tesla (TSLA) because doing so helps fill an obvious coverage void. TSLA, on the other hand, is extremely well-covered, and so theres less of an opportunity to make new points and/or present a fresh angle. Indeed, I regularly read all of the short-side experts (Montana Skeptic, EnerTuition, Anton Wahlman, etc.) as well....More>>>
Diamondback Energy Inc. (NASDAQ: FANG) reported third-quarter results after markets closed on Monday. The independent oil & gas company posted adjusted earnings per share of $0.54 on revenues of $142 million. In the same period a year ago Diamondback reported EPS of $0.40 on revenues of $111.95 million. Third-quarter consensus estimates called for EPS of $0.34 and revenues of $142.58 million.
Oil has continued its remarkable rise this year, rallying another 10%, to more than $65 a barrel in the U.S. That rebound has taken most oil stocks up with it. However, a handful managed to lose ground this year, including Laredo Petroleum (NYSE:LPI), Concho Resources (NYSE:CXO), and Cimarex En
Press coverage about Kraft Heinz (NASDAQ:KHC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-trad
Oil and gas stocks are off to a good start for the year. But, with share prices still being at depressed levels compared to 2014 highs, breakevens for the industry coming down, and oil prices continuing to rise in a growing economy, I believe the energy sector is in the early innings of a recove
For as long as I have covered financially troubled companies, I have tried to differentiate trading opportunities from buy and hold candidates. Some have argued that trading opportunities are the same as do not invest. That could be true for a whole lot of investors. They go to work each day, an
The northern Delaware Basin continues to see better well results. It is our favorite US play. Given the deeper intervals and less traffic, it has much more upside than the Midland Basin. We have stated that the northern Delaware core stretches further north than anticipated. Neil Dingmann of Sun