Schlumberger Limited Q1 Profit Beats, But Revenue Misses As Int’l Drags
Schlumberger Limited (NYSE: SLB) early Friday posted mixed first quarter earnings results, as the oil & gas industry continues its slow recovery from its biggest decline in history.
Bull Of The Day: KB Home
KB Home (KBH – Free Report) is riding the wave of strong housing demand in 2017. This Zacks Rank #1 (Strong Buy) is expected to see double digit earnings growth in 2017 as American rush back into home buying. KB Home is one of the largest homebuilders in the United States with developments across the country. It is […]
How India Is Re-Engineering Its Economic Engine
As a popular adage goes, “Rome wasn’t built in a day.” There are times in history when the foundation for an empire was quietly built and the world realized it only later. While we are busy discussing policies ranging from protectionism to immigration in the United States, India quietly laid the foundation for a technology […]
EUR/USD, DXY Triangles Persist As Markets Eye French Elections
With the first round of the French presidential elections fast approaching this Sunday, April 23, traders have remained noncommittal about pushing various FX pairs in any concerted direction. Ahead of this Sunday’s vote, the overall frontrunner, Emmanuel Macron – who, according to French polling institute Ifop has the best chance to beat right-wing populist Marine […]
Terror Taxes And Elections
Oil is struggling to find direction in the aftermath of the French terror attack, worries about the French election and the direction of U.S. tax reform. Crude oil is on track to have its worst week since March even as reports that petroleum demand in the U.S. is at its best level since the financial […]
Is Another “Whatever It Takes” Moment Just Around The Corner?
With the euro (somewhat perversely) heading for its second week of gains versus the dollar and its biggest in three months, there’s probably no better time to ask the following: “what happens in the event ‘Frexit’ risk rises?” As we and every other commentator have made clear over the past month or so, Le Pen isn’t […]
AUD & NZD Technical Outlook
Surge in NZ Inflation After five years running below, inflation in New Zealand has finally returned to the bank’s 2% target. The latest data shows that CPI rose 2.2% YoY in Q1 showing a marked increase from its standing at 0.4% just six months ago and also the first +2% reading since the second half […]
General Electric Company Shares Rise On Earnings, Revenue Beat
General Electric (GE) released its latest earnings report before opening bell this morning, posting adjusted earnings of 21 cents per share on $27.66 billion in revenue. Analysts had been expecting earnings of 17 cents per share and $26.37 billion in revenue. In the same quarter a year ago, GE reported $27.85 billion in revenue. […]
Silver, Platinum And Palladium As Investments – Research Shows Diversification Benefits
– Silver, platinum and palladium see increased role as investment vehicles – Increase in academic output on the white precious metals is in line with this – Silver and particularly gold are safe haven assets – Silver was a safe haven at times during which gold failed to be – Platinum and palladium less so but […]
