Category Archives: Warren Buffett Stocks

[ September 28, 2016 | Author: admin | Views: 6894 | Weather: | Mood: normal]

Related TCK 7 Stocks Moving In Monday's After-Hours Session Stocks Hitting 52-Week Lows Teck Resources (TCK) Donald R. Lindsay on Q4 2015 Results – Earnings Call Transcript (Seeking Alpha) Related NRG Mid-Day Market Update: Crude Oil Jumps 11%; Nu Skin Shares Tumble Following Weak Results Mid-Morning Market Update: Markets Open Higher; Groupon Tops Q4 Expectations Weekly Leading Sectors Report (Seeking Alpha) Toward the end of trading Friday, the Dow traded up 1.42 percent to 15,882.65 while the NASDAQ climbed 0.95 percent to 4,307.41. The S&P also rose, gaining 1.29 percent to 1,852.75. Leading and Lagging Sectors On Friday, basic materials shares surged by 3.09 percent. Meanwhile, top gainers in the sector included Mercer International Inc. (NASDAQ: MERC), up 30 percent, and Teck Resources Ltd (USA) (NYSE: TCK) up 23 percent. Top International Stocks To Watch Right Now: Chiasma, Inc.(CHMA) Chiasma, Inc., incorporated on April 12, 2001, is a biopharmaceutical company. … Continue reading

[ September 26, 2016 | Author: admin | Views: 90894 | Weather: | Mood: normal]

If you were looking for the market to find a direction today, well, keep on waiting. Bloomberg The S&P 500 finished little changed at 2,050.63, while the Dow Jones Industrial Average rose 0.1% to 17,660.71. The Nasdaq Composite dipped 0.2% to 4,717.09. Guild Investment Management’s Monty Guild and team expect a spring pull back to be followed by a summer bounce: Many world markets look toppy, with the U.S., Canada, and Brazil looking most attractive to buy after a short correction that is coming. While we are not bullish on most world stock markets, we believe that the U.S. market will experience a spring pull back, which could lead to a summer rally. The U.S. market is overbought from a technical perspective, with a high proportion of overbought stocks in the S&P 100. This overbought position makes the U.S. market vulnerable to a short-term decline of perhaps a few percent. … Continue reading

[ September 26, 2016 | Author: admin | Views: 38450 | Weather: | Mood: normal]

More details emerged about the proposed initial public offering (IPO) of shares in the world’s largest company, the state oil giant Saudi Aramco, following comments Saudi oil ministry advisor Ibrahim Muhanna made to the Wall Street Journal. The company will likely float around 5% of its shares, Muhanna said, and the listing may come within the next year. Company History Saudi Aramco, officially the Saudi Arabian Oil Company, began as a Saudi-American joint enterprise in the 1930s. The Saudi government began building up a stake in the 1973, following the Yom Kippur War, and took full control in 1980. The company is the largest in the world by a significant margin, though the exact size is unknown. Reporting Muhanna’s comments, the WSJ cited a “conservative number” of $2.5 trillion, but the paper has put forward a high estimate of $10 trillion in the past. (See also, Saudi Aramco: An IPO … Continue reading

[ September 26, 2016 | Author: admin | Views: 41634 | Weather: | Mood: normal]

Stocks fell today despite the fact that Japan announced a major fiscal spending package to help lift the country out of its economic doldrums. Eric Thayer/Bloomberg News The S&P 500 fell 0.6% to 2,157.03 today, its largest drop since July 5, while the Dow Jones Industrial Average declined 90.74 points, or 0.5%, to 18,313.77, its seventh consecutive drop and longest losing streak in almost a year. The Nasdaq Composite dropped 0.9% to 5,137.73, its biggest decline since June 27. The folks at Societe Generale wonder if we’re seeing a shift from monetary stimulus to fiscal stimulus: That was the theme of the day on Tuesday, at least on the basis of people coming to us and asking the question. We have been of the view that central banks do not have much firepower left, and that was a central theme in our mid-year outlook (Thats all folks). The BoJ has … Continue reading

[ September 24, 2016 | Author: admin | Views: 35529 | Weather: | Mood: normal]

Citigroup’s Andrew Kaplowitz and Vladimir Bystricky visited General Electric’s (GE) gas turbine factory in South Carolina…and like what they see: Weve only been covering GE for a couple of months, but weve been covering industrial companies for a long time and we do know a well-run facility when we see it. After visiting GEs Gas Turbine Facility in Greenville, we are more confident that GEs Power business (including the newly acquired Alstom) will be a meaningful driver of our estimated mid-teens EPS growth through 2018. We think a combination of a successful Alstom integration, the significant positive impact of GEs H Turbine ramp-up, and GEs enhanced digital capability should result in a significantly improved competitive position, enhanced ability to price, and a stronger tailwind to service for the company. One important point to highlight before we get to the main takeaways of our meeting with GE Power management and that … Continue reading