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Goldman Sachs Analyst: Declining Price Trend Is Over Due To Low Oil Supplies, High Demand
Friday, August 12, 2022 - 12:44pm | 406Read More...Commodity prices have been behaving irrationally, according to a Goldman Sachs Group Inc. (NYSE: GS) analyst, citing further unsustainable price increases. The Goldman Sachs Analysts: The analysts at Goldman Sachs originally issued a price target of $125 per barrel of oil in three months and $120...
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JPMorgan Turns Bullish On Mosaic Co. Thanks To Higher Commodity Prices
Wednesday, February 21, 2018 - 12:21pm | 375Read More...Mosaic Co (NYSE: MOS), a producer and marketer of concentrated phosphate and potash crop nutrients, stands to benefit from rising commodity costs that create a favorable risk-to-reward profile, according to JPMorgan. The Analyst JPMorgan's Jeffrey Zekauskas upgraded The Mosaic Company's...
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Casey's General In-Store Performance Sinks Q2 Results
Tuesday, December 12, 2017 - 3:02pm | 338Read More...Casey's General Stores Inc (NASDAQ: CASY) reported second quarter earnings Monday, including EPS, EBITDA and revenue misses. The Analyst Jefferies' Christopher Mandeville maintains a Buy rating on Casey's stock with an unchanged $134 price target. The Thesis Casey's...
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Deutsche Bank: Deere Has A Clear Path To Outperformance
Monday, November 27, 2017 - 1:34pm | 427Read More...Much investor attention throughout the holiday season is focused on retail and e-commerce companies, but it may be a mistake to ignore activity in other sectors, such as the agriculture equipment space. The Analyst Deutsche Bank's Nicole DeBlase upgraded Deere & Company (NYSE: DE)'s...
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Sorry Coffee Addicts: Your Habit Might Become More Expensive Very Soon
Monday, September 26, 2016 - 12:42pm | 280Read More...Pay attention coffee drinkers: the price of your morning Joe will soon become more expensive due to poor weather issues in Brazil affecting various commodities needed to produce a steaming hot cup of coffee. According to Bloomberg, dry weather is currently affecting production of arabica and...
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3 Things You Should Watch For In Shake Shack's Report
Thursday, May 12, 2016 - 12:53pm | 241Read More...Shares of Shake Shack Inc (NYSE: SHAK) were trading lower by around 2 percent Thursday. The company is scheduled to report its first quarter results after the closing bell. CNBC's Landon Dowdy broke down the popular burger joint's earnings print and detailed what investors should be on...
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Marathon Petroleum Tumbles To New 52-Week Low Following Q4 Print
Wednesday, February 3, 2016 - 11:26am | 300Read More...Shares of Marathon Petroleum Corp (NYSE: MPC) lost more than 5 percent Wednesday morning and hit a new 52-week low of $37.82 after the company reported its fourth quarter results. Marathon Petroleum said that it earned $0.79 per share in the fourth quarter on revenue $15.68 billion. Wall Street...
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JPMorgan's Jamie Dimon On U.S. Economy: 'It's Going To Get A Little Bit Worse'
Thursday, January 14, 2016 - 2:56pm | 173Read More...Shares of JPMorgan Chase & Co. (NYSE: JPM) were trading higher by nearly 3 percent mid-Thursday afternoon after the company reported its fourth quarter results. Following JPMorgan's print, the company's CEO Jamie Dimon hosted a conference call and was fielded questions on the state...
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Glencore's CEO 'Surprised' By Downturn In Commodity Prices
Tuesday, December 22, 2015 - 12:16pm | 314Read More...Glencore International PLC (OTC: GLCNF) is one of the world's largest commodities trading companies. Leading the company is Ivan Glasenberg, an executive who the Financial Times labeled as "the savviest trader of his generation." Given Glasenberg's reputation as a...
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Companies RBC Added And Removed From Its Global Energy Best Ideas List
Wednesday, September 2, 2015 - 1:35pm | 611Read More...Analysts at RBC Capital Markets added five names to its "RBC Global Energy Best Ideas List" and also removed five names. In August, the index list lost 1.7 percent, which outperformed the 5.7 percent loss within the S&P Global Energy Sector. In addition, since February 2013, the list gained 1....
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Gulfport Energy Remains A 'Best Idea' For Wunderlich
Friday, February 27, 2015 - 11:07am | 272Read More...In a report published Friday, Wunderlich Securities analyst Jason Wangler reaffirmed Gulfport Energy Corporation (NASDAQ: GPOR) as a "Best Idea" as a strong 2014 "sets up big things for 2015." Wangler wrote that Gulfport Energy's fourth-quarter results were "...
