The collapse in oil prices has been a good thing for many parts of the U.S. economy, lowering fuel and material costs and providing additional disposable income to consumers. However, the weak oil environment has also had a negative impact on parts of the economy outside of the energy sector.
Shares of Macau casino operators are mixed in early trading on Monday following the release of Macau’s gross gaming revenue (GGR) numbers for the month of July.
In a new report, Global Source Partners analyst Michael Pettis gave his take on China and voiced his concerns over the role that Chinese debt is playing in the nation’s slumping economy. Pettis sees a close relationship between debt level and growth rate and points out that many economists seem to be missing the connection.
Baidu Inc BIDU 0.7% made headlines on Thursday by announcing a new $1 billion share buyback program. The stock surged more that 3 percent following the announcement, as shareholders viewed the move as a sign of confidence on behalf of management.
In his latest issue of The Gartman Letter, Dennis Gartman discusses the recent FOMC statement and the continuing strength of the U.S. dollar. According to Gartman, the dollar still has plenty of upside remaining.
After an extremely volatile three-year period in which the company’s share price witnessed a huge run-up and then a massive sell-off, Stratasys, Ltd. SSYS 1.9% is now once again a buy, according to Piper Jaffray analyst Troy Jensen. In a new report, Piper Jaffray upgrades Stratasys from Neutral to Overweight, and Jensen explains why he…
Oppenheimer analyst Fadel Gheit downgraded Murphy Oil Corporation MUR 0.5% on Thursday from Outperform to Perform following the company’s Q2 earnings report this week. Gheit believes that Murphy will continue its deficit spending “into 2017 and beyond.”
In a new report on Friday, Goldman Sachs analyst Jason English had plenty of good things to say about global food giant Mondelez International Inc MDLZ 0.24%. So why did Goldman decide to downgrade the stock from Buy to Neutral? Here’s what English had to say.
In Marketfield Asset Management’s most recent Weekly Speculator report, analyst Michael Shaoul assesses the state of the U.S. equity and commodity environment by taking a look at 10 telling charts. Here’s a breakdown of what Marketfield had to say about each chart.
In a new report, Credit Suisse analyst Andrew Garthwaite takes a fresh look at the oil industry. Despite falling oil prices, the firm sees increasing speculative interest in oil. Although valuations are not as appealing as many may think, Garthwaite sees several possible ways to play the current oil environment.