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Holiday Gasoline Prices Lowest Since 2008
Wednesday, December 23, 2015 - 8:32am | 550Read More..."It's beginning to look a lot like Christmas...in 2008!" said Patrick DeHaan, senior petroleum analyst at GasBuddy, a community-based gas price comparison service. Referring to GasBuddy's projection that consumers will rack up close to $1.6 billion in savings this year as...
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Average U.S. Gas Prices Dip Below $2.00 For First Time Since 2009
Monday, December 21, 2015 - 8:34am | 311Read More...According to Gas Buddy, the national average selling price of gas at the pumps dipped below $2 a gallon. The last time the national average selling price of gas was below $2 occurred on March 25, 2009. Gas Buddy noted it was simply a matter of when this would occur, not if. The...
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Nomura Highlights Top Picks For 2016: Amazon, TJX, Nike, Coach
Thursday, December 10, 2015 - 11:08am | 599Read More...According to Robert Drbul of Nomura, the consumer is in a "better position to spend." Drbul added low gas and oil prices will also leave consumers with ‘extra cash to spend' and the low-income consumer should "continue to benefit." The analyst named Amazon....
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JPMorgan Calls EQT, Gulfport Energy Top Picks From Appalachia-Focused E&P Group
Wednesday, December 9, 2015 - 9:49am | 673Read More...Arun Jayaram of JPMorgan initiated coverage of eight Appalachian-focused E&P companies with a "cautious outlook." Jayaram noted consensus estimates on the group are too high, despite the group enjoying a "competitive resource advantage." Nevertheless, the analyst named EQT Corporation (NYSE:...
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Who Wins If America's Oil Export Ban Is Squashed?
Wednesday, September 16, 2015 - 9:23am | 674Read More...House Republicans plan on voting in the next couple of weeks on a bill that would lift the ban on U.S. oil exports. It’s unclear if the bill will gain enough support from congressional Democrats to pass. Elimination of the export ban would be good news for E&Ps and bad news for...
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There's An 85% Chance Gas Prices Will Rise Over The Next Month
Tuesday, September 8, 2015 - 2:51pm | 284Read More..."There are 106 miles to Chicago. We have a full tank of gas, half a pack of cigarettes, it’s dark, and we’re wearing sunglasses." -The Blues Brothers Gasoline RBOB has 8 times the upside to downside Outside of 2008, this is the most severe drop in Gas prices we’ve...
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How To Get 30% Upside By Investing In Convenience Stores
Tuesday, September 8, 2015 - 12:59pm | 430Read More...In a report published Monday, JPMorgan analyst Matthew Boss explored the convenience store sector, noting that low gas prices could prove to be a "potential positive" over time given higher margin in-store merchandising. According to Boss, the sector experienced a 30 percent pullback...
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Jefferies Asks: What's In The 'Cards' This Quarter?
Wednesday, April 22, 2015 - 1:54pm | 277Read More...In a report published Tuesday, Jefferies analyst Jason Kupferberg suggested that expectations for credit card processors are "somewhat muted" ahead of earnings next week. According to Kupferberg, both Visa Inc (NYSE: V) and MasterCard Inc (NYSE: MA) will likely note incremental foreign exchange...
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The Axis Of The Restaurant Sector Just Shifted (Thanks To Credit Suisse)
Wednesday, March 11, 2015 - 12:58pm | 902Read More...In a report published Tuesday, Credit Suisse analyst Jason West initiated the Restaurant Sector at Neutral, noting that the group is "entering happy hour, but without the discount." West commented that fundamentals for the group are turning more positive and multiple tailwinds should...
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Citigroup Says 'Go Long Pickups,' Prefers General Motors Over Ford
Wednesday, March 4, 2015 - 11:31am | 272Read More...In a report published Tuesday, Citigroup analyst Itay Michaeli commented on General Motors Company's (NYSE: GM) U.S. February sales data. According to Michaeli, General Motors' below consensus February sales were due to a weather-related slowdown. On the other hand, the sales report did...
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Monster Beverage's Valuation 'Looks Full,' Jefferies Notes
Friday, February 27, 2015 - 11:02am | 247Read More...In a report published Thursday evening, Jefferies analyst Kevin Grundy commented that Monster Beverage Corp's (NASDAQ: MNST) valuation "looks full" following its fourth quarter "high quality" beat. Grundy noted that Monster Beverage is off to a "strong start"...
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Wedbush Recommends These 2 Retailers Ahead Of Q4 Prints
Monday, February 23, 2015 - 9:19am | 364Read More...In a report published Monday, Wedbush analyst Morry Brown suggested that Express, Inc. (NYSE: EXPR) and Ross Stores, Inc. (NASDAQ: ROST) are top picks heading into retail earnings season. "With retail seeing multiple cross currents (lower gas prices, a better consumer spending environment...
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Barclays Cites 'Absence Of Near-Term Catalysts' In Wal-Mart Downgrade
Friday, February 20, 2015 - 10:10am | 224Read More...In a report published Friday, Barclays analyst Meredith Adler downgraded shares of Wal-Mart Stores, Inc. (NYSE: WMT) to Equal-weight from Overweight with a price target lowered to $85 from a previous $90 as the company is unlikely to see benefits from its investments in higher wages and training in...
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Savings At The Pump Not Enough To Loosen Consumers' Purse Strings
Friday, February 13, 2015 - 3:33pm | 369Read More...U.S. retail sales figures out on Thursday showed that lower gas prices weren’t enough to prompt U.S. shoppers to spend more. Sales fell 0.8 percent in January, a near repeat of December’s 0.9 percent decline. While gas prices accounted for much of the 0.8 percent loss, spending...
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Morgan Stanley Says Mobileye Could Benefit From $2/Gallon Gas
Wednesday, January 21, 2015 - 9:59am | 164Read More...Ravi Shanker of Morgan Stanley on Wednesday commented that “$2 gasoline brings complexity to the auto industry” and that the cheap gas may also complicate long-term secular trends that are pushing towards tougher fuel efficiency standards. Shanker notes that nevertheless, the industry still remains...
