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The Best And Worst States For Business In 2017
Wednesday, July 12, 2017 - 4:15pm | 339West Virginia is the worst state for businesses in 2017, according to CNBC. The state has historically performed poorly in CNBC's rankings, but in 2017 it ranked last for the first time ever. Achieving a score of just 942 out of a possible 2,500, the coal-heavy state is one of just seven states...
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Trump Keeps His Promise To Add Coal Jobs, Though Not To The Degree His EPA Head Claims
Thursday, June 8, 2017 - 12:16pm | 509From the administration’s perspective, the long-declining coal mining sector is looking rosy. “Since the fourth quarter of last year until most recently, we’ve added almost 50,000 jobs in the coal sector,” Environmental Protection Agency Administrator Scott Pruitt said...
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Gartman On Oil Prices: Expect Further Downside Due To Contango
Monday, June 5, 2017 - 1:30pm | 496Dennis Gartman, editor and publisher of "The Gartman Letter," is known for shifting his stance on oil from bull to bear given the highly volatile and constantly changing factors that determine the price of oil. For instance, Gartman's 2016 call that oil won't trade above $44 per barrel in his...
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A Once-Hot ETF Now Looks Pricey
Sunday, April 9, 2017 - 6:21pm | 508The VanEck Vectors Steel ETF (NYSE: SLX) was one of the premier “Trump trades,” soaring last year as Donald Trump's protectionist campaign trail rhetoric sparked once moribund steel stocks. Year-to-date, SLX is up 5.6 percent, but there are concerns Trump trades are waning....
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Coal ETF Still Hoping Trump Delivers
Thursday, April 6, 2017 - 9:44am | 462The VanEck Vectors Coal ETF (NYSE: KOL) was one of last year's best-performing non-leveraged exchange-traded funds for a simple reason: Of the two nominees for the U.S. presidency, one was vocal in her disdain for the coal industry while one vowed to restore the industry's lost jobs....
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Coal Companies Lobby For Clean Energy Subsidies
Tuesday, February 28, 2017 - 1:08pm | 758It is an altogether new makeover coal companies are seeking. In what might be a radically different perspective, these companies are striving to project coal as a clean energy source. Trump's Unwavering Support This is coming at a time when President Donald Trump is projecting himself as a...
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Exclusive: Consol Energy Talks Q4 Results, Outlook And Trump's Impact
Friday, February 3, 2017 - 2:53pm | 872Benzinga had the opportunity to chat with CONSOL Energy Inc. (NYSE: CNX)'s chief financial officer Dave Khani and director of communications Brian Aiello. Q4 In Review Consol Energy reported its fourth-quarter results on Monday. The company reported a loss of $1.33 per share in the...
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35% Upside In Teck Resources Explained With 6 Charts
Tuesday, November 15, 2016 - 12:04pm | 401Goldman Sachs has boosted its price forecast for coking coal and copper and upgraded Teck Resources Ltd (USA) (NYSE: TCK) from Neutral to Buy. According to analyst Andreq Quail, the huge surge in coal prices has forced Goldman’s hand. Upgrade Justification The firm is now calling for 2017...
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Coal And Solar Stocks Split Directions Following Clinton's Defeat
Wednesday, November 9, 2016 - 1:09pm | 659The defeat of Hillary Clinton to Donald Trump in the 2016 U.S. presidential election has led to contrasting reactions within the energy sector, particularly regarding coal and solar stocks. Trump's Energy Plans The Trump win is seen as a boost to coal producers, as he intends to revive the...
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How The Next President Could Affect Commodities ETFs
Tuesday, November 8, 2016 - 10:49am | 456Despite all the commotion about this being a good year for commodities, the iShares S&P GSCI Commodity-Indexed (ETF) (NYSE: GSG) is flat year-to-date. That condition is unlikely to persist after the results of Tuesday's presidential election start trickling in. The Climate As has been...
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The Stock Market Is Predicting A Clinton Victory
Tuesday, November 8, 2016 - 9:10am | 493U.S. equities soared Monday morning after the FBI confirmed over the weekend it has no new evidence that implicates Hillary Clinton in the ongoing e-mail scandal. The Dow Jones Industrial Average soared more than 250 points while the S&P 500 and Nasdaq indices each gained more than 1.50 percent...
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Catalysts For The Coal ETF
Wednesday, October 19, 2016 - 10:12am | 675The Market Vectors-Coal ETF (NYSE: KOL) is experiencing one of the most remarkable Lazarus acts of any exchange-traded fund in recent memory. Up nearly 108 percent this year, KOL, the only ETF dedicated to coal stocks, is on pace for its positive performance on annual basis since 2010. That is...
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Wall Street's Latest Feud? Major Coal CEO Robert Murray Vs. Elon Musk
Tuesday, October 11, 2016 - 10:39am | 366Robert Murray is the CEO of Murray Energy Corp, the largest privately owned U.S. coal producer. Speaking as a guest on CNBC's "Squawk Box" on Monday, he said that Tesla Motors Inc (NASDAQ: TSLA) is a "fraud." Murray continued that Tesla received "$2 billion from the taxpayer" and "has not made a...
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Somehow Coal Is The Best Energy Investment Of 2016
Tuesday, October 4, 2016 - 10:07am | 385In the past several years, coal’s reputation as an energy source has taken quite a hit. Coal is the dirtiest of all the fossil fuels, and is now facing tremendous political and social pressure. However, despite the overwhelming negative sentiment towards coal, it has been the best energy...
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An Important Sector Firms For Indonesia ETFs
Thursday, September 22, 2016 - 3:44pm | 562The Market Vectors Indonesia Index Etf (NYSE: IDX) and the iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: EIDO) are each up just over 28 percent year-to-date. That easily outpaces the 18.5 percent returned by the MSCI Emerging Markets Index. Indonesia ETFs' resurgence is market by some of the...