July 26, 2017: Markets opened opened higher Wednesday and solid earnings reports from AT&T and Boeing kept the indexes in the green for the whole day. Telecom was the day’s best performing sector while basic materials was the worst. WTI crude oil for September delivery settled at $48.75 a barrel, up 1.8% for the day following the EIA report that U.S. inventories plunged last week. August....More>>>
U.S. equities notched fresh record highs on Thursday thanks to comments from President Donald Trump that specific tax reform plans — something “phenomenal” in his words — would be announced in the next two or three weeks. This single handedly revitalized the pro-Trump dynamic on Wall Street that had faded in recent days amid political bickering, a poorly received immigration....More>>>
Investors had plenty of surprises in November. Big gains by stocks during the month only added to the unexpected events.
The Standard & Poor’s 500 index rose 3.6% during November, an overdue change from what had been months of months of listless trading. But even more impressive were the 10 stocks in the index, including energy firm Marathon Oil (MRO), materials company Freeport-McMoRan....More>>>
It’s been an interesting few years for T-shirt manufacturer Delta Apparel (NYSEMKT:DLA). A huge spike in cotton prices in 2011 helped turn a near-$2 EPS in FY11 into a loss in FY12. (DLA fiscal years then ended in June; the company moved to September in 2013.) Delta managed to recover in FY13, getting EPS back over $1 – and then the company’s Soffe brand started falling apart,....More>>>
DryShips Inc (DRYS) filed a 6-K on July 10th containing a press release announcing a $2.5 million common stock dividend for the quarter ended June 30th to be paid to shareholders of record on July 20th. The press release updated DRYS cash position and outstanding debt balances in addition to other information.
Updated Key Information as of July 10, 2017:
Cash and cash equivalents....More>>>