Category Archive: Finance
Chipotle Mexican Grill To Close Its ShopHouse Asian Kitchen Chain
Chipotle Mexican Grill, Inc. (NYSE:CMG) is best known for its burrito chains, but the company has taken a swing at some other concepts over the past several years as well. One of those concepts, the ShopHouse Asian Kitchen chain, which boasts 15 store locations, will shut down effective March 17th. Written by StockNews.com Nation’s Restaurant […]
Oil Falls Over 5%
The main reason why the stock market fell Wednesday was because of a 5.38% decline in WTI oil. My prediction for oil prices to fall is because of a high amount levered long trades and high inventory levels finally began to come true. My thesis has been that oil prices falling to the high $30s […]
Brookfield Renewable Partners: 6% Yield And Growth From Renewable Energy
When investors think of Master Limited Partnerships (MLPs), the oil and gas industry typically comes to mind. This is a natural connection to make, since the vast majority of MLPs operate in oil and gas. Brookfield Renewable Partners (BEP) is an MLP, but it operates in renewable energy. It has a hefty 6% dividend yield, […]
TG Therapeutics, Inc. Announces Pricing Of $50 Million Public Offering Of Common Stock
NEW YORK, March 09, 2017 (GLOBE NEWSWIRE) — TG Therapeutics, Inc. (Nasdaq:TGTX) today announced the pricing of an underwritten public offering of 5,128,206 shares of its common stock at a price of $9.75 per share, with expected gross proceeds to TG Therapeutics of $50 million. In addition, TG Therapeutics has granted the underwriters a 30-day […]
American Airlines Group Inc. Cut Its Q1 2017 Total-Revenue-Per-Available-Seat-Mile Outlook
Written by StockNews.com American Airlines Group Inc. (Nasdaq: AAL) disclosed in a regulatory filing with the SEC that it now expects lower results in a key revenue metric for the first quarter, citing fewer canceled flights that lead to less densely packed airplanes. The company cut its Q1 2017 total revenue per available seat mile (TRASM) […]
Are Long Bonds Riskier Than Stocks?
It is one thing to know a truth; it is quite another to witness that truth firsthand. Most investors know that bond prices move inversely to interest rates and that the longer the duration of the bond, the higher the sensitivity to interest rates. But witnessing that firsthand since last July has been jarring to […]
EURJPY – Gunning For 124.00?
The EURJPY trade is starting to show signs of life as the pair makes a sharp bottom off the 118.00. The bounce may be reflecting the “reflation” trade as all the major central banks are now moving away from QE mode into a more normal monetary policy regime. Today’s ECB presser highlighted the fact that […]
Australia Caught In A Catch-22 With Energy
TM Editor’s Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks. Falcon Oil and Gas (OTCPK:FOLGF) is in a “Catch-22” situation in Australia. In fact, you could argue that natural […]
GBP/USD Pair On The Ropes
Philip Hammond, Chancellor of the Exchequer recently addressed Parliament with the highly-vaunted Spring Budget. Despite conservative party promises to tighten the economy, one of the proposals by Hammond would see an increased tax on self-employed people, adding fiscal liability to an additional 2.5 million Britons. Several other interesting points were raised in the recent Spring […]
E Tech Talk: Ford Motors
As I have mentioned in recent posts – this one, for example – I am getting cautious about this market, which has now been in bull mode for eight long years. Having already claimed the mantle of second-longest on record, today marks the start of the ninth year of the U.S. stock bull, according to […]
