Schlumberger Looks Good At Today’s Prices
For better or worse, Schlumberger (NYSE:SLB) is a stock that will give investors multiple second chances. Although this company is regarded as the best of the oil services companies, the ups and downs of the energy market (and the resulting impacts on exploration, drilling, and production activity) lead to wide swings in operating performance and [...]
CSX Adapting To New Realities
It wasn’t long ago at all that the rails seemed to have things pretty much all going their way. Better management was producing better margins, pricing advantages over trucking were leading to good intermodal growth, and a recovering economy was supporting higher traffic and strong pricing. Then came a structural shift in electricity generation and [...]
Why It’s Important To Regulate Foreign Exchange
The foreign exchange (forex) market is the world’s biggest financial market by far. According to the Bank for International Settlements (BIS)’s triennial survey, global forex turnover in April 2010 averaged a staggering $4.0 trillion daily, an increase of 20 percent from $3.3 trillion three years earlier. In an increasingly globalized economy, the significance of the [...]
Oil Market Update (April 16, 2013)
Brent futures fell on Monday, trading close to a nine-month low hit earlier in the day, after bleak Chinese and US data stoked concerns of a slowdown in economic growth in the world’s top oil consumers. China’s economic recovery unexpectedly stumbled in the first three months of 2013, with the annual rate of growth easing [...]
April 12 2013 Market Summary
The U.S. markets moved higher this week amid renewed optimism surrounding the economy and job market. After moving lower last week, the market rebounded following the Federal Reserve’s ongoing commitment to buy assets into the middle of this year, as well as initial U.S. unemployment claims that fell sharply to an adjusted 346,000. The market [...]
RPM’s Performance Isn’t Perfect, But Continues To Generate Cash Flow
Specialty chemicals is a tough sector, and just about anything tied to construction (particularly commercial construction) is even worse. And yet, while RPM International (NYSE:RPM) has seen plenty of ups and downs over the years, the company’s growth-by-acquisition strategy has continued to generate solid cash flow and decent returns on capital. While I still don’t [...]
Eurozone unemployment hits record 12%
The unemployment rate in the 17 European countries that use the euro currency hit an all time record high of 12 per cent last month. New data from Eurostat released Tuesday showed the the rate remained at 12 per cent in February, the highest level seen since the currency was launched in 1999. The data [...]
The Effect Of Trade On International Growth
Her massive blue and red bow cutting through the sea, the CMA CGM Marco Polo is a fitting symbol for the transformative power of international trade. At 1,300 feet in length and capable of carrying over 16,000 14-ton shipping containers, the ship plies the oceans between some of the world’s busiest ports: from Shanghai and [...]
Monday Night Watch List – (NWCN) (CEDC) (ZAZA)
%3D ~~~~~~~~~~~~~~~~~~~~~~~~~~To my surprise, NWCN did not garnered more interest after the live radio interview today.I wouldn`t dismiss NWCN just yet.