June 28, 2018: Markets opened mixed Thursday, but investors started moving back in after a down day Wednesday and equities are on their way to a positive finish for the day. All 10 sectors are on track for a gain although the energy stocks are up just 0.01%. Technology and telecom stocks were the day’s best performers. First-quarter GDP growth was revised down to 2%, but that happened before markets opened.
WTI crude oil for August delivery settled at $73.45 a barrel, up nearly 1% on the day. August gold dropped about 0.4% to settle at $1,251.00, the yellow metal’s fourth straight down day. Equities were headed for a higher close about 10 minutes before the bell as the Dow traded up 0.48% for the day, the S&P 500 traded up 0.66%, and the Nasdaq Composite traded up 0.83%.
Bitcoin futures (XBTN8) for July delivery traded at $6,085, down about 0.5% on the CBOE after opening at $6,125 this morning. The trading range today was $6,050 to $6,175.
Top 5 Energy Stocks To Watch For 2019: Petroleo Brasileiro S.A.- Petrobras(PBR)
Advisors' Opinion:- [By Jayson Derrick]
Improving oil prices mean a "major change" to the investment profile of Brazil-based Petroleo Brasil/ADR (NYSE: PBR), according to Bank of America Merrill Lynch.
- [By Chris Lange]
Short interest at Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, increased to 43.13 million shares from the previous 32.43 million. The stock traded at $12.69 a share, in a 52-week range of $7.61 to $17.20. Unfortunately, Petrobras may be trading on an entirely different set of fundamentals and sentiment due to its ongoing woes in Brazil.
- [By Chris Lange]
Short interest at Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, decreased to 32.43 million shares from the previous 34.35 million. The stock traded at $15.95 a share, in a 52-week range of $7.61 to $15.77. Unfortunately, Petrobras may be trading on an entirely different set of fundamentals and sentiment due to its ongoing woes in Brazil.
- [By Matthew DiLallo]
Shares of Petrobras (NYSE:PBR)(NYSE:PBR-A) tumbled more than 10% by 11:00 a.m. EDT on Friday after the Brazilian oil giant's CEO resigned due to the diesel crisis in Brazil.
Top 5 Energy Stocks To Watch For 2019: Euro FX(P)
Advisors' Opinion:- [By Lisa Levin] Gainers Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 34.7 percent to $45.50 in pre-market trading following news that the FDA has approved Andexxa for the reversal of factor Xa inhibitors. Euro Tech Holdings Company Limited (NASDAQ: CLWT) rose 15.7 percent to $6.65 in pre-market trading after climbing 155.56 percent on Thursday. China Recycling Energy Corporation (NASDAQ: CREG) rose 14.7 percent to $2.75 in pre-market trading after climbing 57.89 percent on Thursday. Pandora Media, Inc. (NYSE: P) rose 11 percent to $6.40 in pre-market trading after reporting strong quarterly results. Fred's, Inc. (NASDAQ: FRED) rose 9.2 percent to $1.90 in pre-market trading following Q4 results. Shake Shack Inc (NYSE: SHAK) rose 9.1 percent to $51.70 in pre-market trading after the company reported upbeat results for its first quarter and raised its FY18 guidance. Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) rose 9 percent to $12.55 in pre-market trading after the company posted Q1 results and agreed to acquire HealthGrid. Weight Watchers International, Inc. (NYSE: WTW) rose 7.6 percent to $75 in pre-market trading after the company reported stronger-than-expected results for its first quarter. The company also raised its FY18 earnings outlook from $2.40-$2.70 to $3-$3.20. Viavi Solutions Inc. (NASDAQ: VIAV) rose 7.5 percent to $10.15 in pre-market trading following Q3 results. Pearson plc (NYSE: PSO) rose 4.5 percent to $11.83 in pre-market trading after reporting strong quarterly earnings. Alibaba Group Holding Ltd (NYSE: BABA) shares rose 4.4 percent to $190.50 in the pre-market trading session as the company posted upbeat Q4 results. Aqua Metals, Inc. (NASDAQ: AQMS) shares rose 3.9 percent to $4.30 in pre-market trading after gaining 6.98 percent on Thursday. Newell Brands Inc (NYSE: NWL) shares rose 3.6 percent to $27.65 in pre-market trading after reporting upbeat quarterly earnings. HMS Holdings Corp (NASDAQ: H
- [By Lisa Levin]
On Friday, the information technology shares rose 1.59 percent. Meanwhile, top gainers in the sector included Pandora Media, Inc. (NYSE: P), up 23 percent, and Super Micro Computer, Inc. (NASDAQ: SMCI) up 17 percent.
- [By Anders Bylund]
Shares of Pandora Media (NYSE:P) gained 28.7% in May of 2018, according to data from S&P Global Market Intelligence. First-quarter results reported in the first week of the month turned out to crush both the company's own guidance and analyst estimates, triggering a 21% share-price jump the next day.
Top 5 Energy Stocks To Watch For 2019: EXCO Resources NL(XCO)
Advisors' Opinion:- [By Logan Wallace]
X-Coin (XCO) is a PoW/PoS coin that uses the SHA256 hashing algorithm. Its launch date was February 26th, 2015. X-Coin’s total supply is 12,384,976 coins. X-Coin’s official website is x-coin.info. X-Coin’s official Twitter account is @XcoinNews and its Facebook page is accessible here.
- [By Max Byerly]
X-Coin (CURRENCY:XCO) traded down 14.7% against the dollar during the 1 day period ending at 12:00 PM Eastern on June 27th. During the last week, X-Coin has traded 22.2% lower against the dollar. One X-Coin coin can currently be purchased for about $0.0079 or 0.00000130 BTC on popular cryptocurrency exchanges including Cryptopia and YoBit. X-Coin has a total market cap of $98,336.00 and approximately $1,753.00 worth of X-Coin was traded on exchanges in the last day.
- [By Shane Hupp]
X-Coin (CURRENCY:XCO) traded down 1.3% against the dollar during the 24 hour period ending at 7:00 AM E.T. on July 1st. During the last week, X-Coin has traded up 37.4% against the dollar. One X-Coin coin can now be bought for $0.0088 or 0.00000137 BTC on major exchanges including Cryptopia and YoBit. X-Coin has a total market cap of $108,460.00 and approximately $881.00 worth of X-Coin was traded on exchanges in the last 24 hours.
Top 5 Energy Stocks To Watch For 2019: BHP Billiton plc(BBL)
Advisors' Opinion:- [By Max Byerly]
Shares of BHP Billiton plc (NYSE:BBL) gapped down before the market opened on Thursday . The stock had previously closed at $43.47, but opened at $43.83. BHP Billiton shares last traded at $44.17, with a volume of 117112 shares.
- [By Max Byerly]
Natixis Advisors L.P. raised its position in shares of BHP Billiton plc (NYSE:BBL) by 10.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,996 shares of the mining company’s stock after purchasing an additional 1,113 shares during the quarter. Natixis Advisors L.P.’s holdings in BHP Billiton were worth $477,000 at the end of the most recent reporting period.
- [By Matthew DiLallo]
BHP Billiton (NYSE:BBL) (NYSE:BHP) enjoyed a strong first half of the year, according to data provided by S&P Global Market Intelligence, as shares rose 11.5%. Those gains came even though the prices of some of the commodities it produces dipped.
- [By Logan Wallace]
Hallador Energy (NASDAQ: HNRG) and BHP Billiton (NYSE:BBL) are both oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, valuation, earnings, institutional ownership, analyst recommendations and dividends.
- [By Max Byerly]
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
Get BHP Billiton alerts: What Analysts Expect to Drive BHP Billiton's Earnings Growth (finance.yahoo.com) Why Analysts Are Becoming Bearish toward Rio Tinto (finance.yahoo.com) Warrior Met Coal (HCC) vs. BHP Billiton (BBL) Critical Review (americanbankingnews.com) BHP Billiton plc (BBL) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com) FY2019 EPS Estimates for BHP Billiton plc Lifted by Analyst (BBL) (americanbankingnews.com)Shares of BHP Billiton stock traded down $0.08 during trading hours on Wednesday, reaching $46.49. The stock had a trading volume of 976,081 shares, compared to its average volume of 1,863,054. The company has a market cap of $49.99 billion, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 2.64 and a beta of 1.23. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.75 and a quick ratio of 1.40. BHP Billiton has a 1 year low of $28.73 and a 1 year high of $47.92.
Top 5 Energy Stocks To Watch For 2019: NOW Inc.(DNOW)
Advisors' Opinion:- [By Logan Wallace]
ValuEngine upgraded shares of DistributionNOW (NYSE:DNOW) from a strong sell rating to a sell rating in a report published on Friday.
A number of other research analysts have also recently commented on the company. TheStreet upgraded DistributionNOW from a d+ rating to a c rating in a research note on Wednesday, May 16th. Stifel Nicolaus boosted their price objective on DistributionNOW from $13.00 to $15.00 and gave the stock a buy rating in a research note on Thursday, May 3rd. Cowen restated a market perform rating and set a $11.00 price objective (up previously from $9.00) on shares of DistributionNOW in a research note on Thursday, May 3rd. Susquehanna Bancshares set a $11.00 price objective on DistributionNOW and gave the stock a hold rating in a research note on Friday, April 13th. Finally, Credit Suisse Group restated a neutral rating and set a $10.00 price objective (down previously from $12.00) on shares of DistributionNOW in a research note on Tuesday, February 27th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $13.00.
- [By Matthew DiLallo]
Shares of NOW Inc. (NYSE:DNOW) rose sharply on Thursday, increasing more than 15% by 10:45 a.m. EDT after the oil-field equipment distributor posted expectation-beating second-quarter results.
- [By Shane Hupp]
Shares of DistributionNOW (NYSE:DNOW) have been given an average rating of “Hold” by the fourteen ratings firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.50.
- [By Stephan Byrd]
NOW Inc (NYSE:DNOW) – Equities researchers at Northcoast Research issued their Q2 2018 earnings per share (EPS) estimates for shares of NOW in a note issued to investors on Tuesday, July 31st. Northcoast Research analyst R. Cieslak expects that the oil and gas company will earn $0.02 per share for the quarter. Northcoast Research currently has a “Neutral” rating on the stock. Northcoast Research also issued estimates for NOW’s Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.04 EPS, FY2018 earnings at $0.12 EPS and FY2019 earnings at $0.43 EPS.
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