Element Capital Management LLC acquired a new stake in LTX-Credence Co. common stock (NASDAQ:XCRA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,132 shares of the semiconductor company̵
Buoyant oil prices are supporting the ruble, but not by as much as in the past: The trade-weighted ruble is about 15 percent weaker than the historical link to crude would suggest, according to Bloomberg Economics calculations. Upward moves in oil prices should still be supportive of the currency, but that probably....More>>>
Big things are happening in the Canadian legal weed industry. With the passage of the Cannabis Act on June 19, and Prime Minister Justin Trudeau setting an official legalization date of Oct. 17, the Canadian weed industry sits less than four months away from a green rush. When adult-use marijuana becomes legal, we could be looking at the addition of $5 billion in annual sales. Rocketing from a few....More>>>
Shares of Mammoth Energy Services (NASDAQ:TUSK) hit a new 52-week high and low on Wednesday . The stock traded as low as $35.94 and last traded at $34.62, with a volume of 20978 shares trading hands. The stock had previously closed at $34.58.
Several brokerages recently weighed in on TUSK. Barclays set a $37.00 price objective on Mammoth Energy Services and gave the company a “buy”....More>>>
ION Geophysical (NYSE: IO) and Glencore (OTCMKTS:GLNCY) are both oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, valuation, dividends, profitability, institutional ownership, earnings and analyst recommendations.
Shares of Baker Hughes (NYSE:BHI) fell more than 7% at one point on October 31st after news broke from the company that it would be merging its operations with the Oil & Gas segment of General Electric (NYSE:GE), an announcement that left shares of the latter virtually unchanged. In what follows, I will look at this deal and give my thoughts on what it should mean for investors moving forward....More>>>
In a few days, President Trump will most likely decertify the nuclear deal with Iran and reimpose sanctions. WTI oil futures are already anticipating that action and have surged to over $70 per barrel for the first time in over four years. Brent crude
When it comes to stocks, bigger is not always better.
Sometimes name recognition works against a company, in that some investors happily buy shares in companies they've heard of. That's the stock market equivalent of when novice horse racing fans bet aggressively on a contender based solel
Despite demonstrating poor performance from 2013 to 2017, International Business Machines (IBM) has picked up momentum in the past couple months, currently boasting an elevated stock price of $167.34 as compared to previous November lows of $147. The company h
Alcoa (NYSE:AA) was one of the highflyers of 2016, and now investors are taking their foot off the gas pedal. Why? Investors are likely waiting for more news and trade data out of China in order to confirm that aluminum can go higher and break the key resistance level of $2,000/mt. Furthermore, i