Small business optimism for the month of August showed a modest decline and also missed expectations. While economists were expecting the headline index to increase from 94.6 up to 94.8, it actually declined down to 94.4. As shown in the chart below, small business optimism remains below its average of 96.0 going back to 2000 and is well off of its current cycle high of 100.3 back in December 2014.
stock market research: Zions Bancorporation(ZION)
Advisors’ Opinion:
- [By Jon C. Ogg]
In the super-regional banks that are not money center banks, Regions Financial Corp. (NYSE: RF) was up 6.3% at $13.22, and Zions Bancorporation (NASDAQ: ZION) was last seen up 3.8% at $38.30. They would both do better with lower regulatory costs and be able to better compete against larger banks when their stress test results had not been as strong.
stock market research: AltaGas Ltd. (ATGFF)
Advisors’ Opinion:
- [By SEEKINGALPHA.COM]
AltaGas (OTCPK:ATGFF) recently announced that it’s going to acquire WGL Holdings (NYSE:WGL). This article will examine the financial side of the transaction. A number of Seeking Alpha authors have written articles on the merger as well, and I suggest that you read them.
- [By SEEKINGALPHA.COM]
Regulators in California are behind a new business of providing utility-scale back-up battery storage at power generating facilities. Canadian-based AltaGas (OTCPK:ATGFF) recently announced a 10-year Energy Storage Resource Adequacy Purchase Agreement with Southern California Edison SCE, a subsidiary of Edison International (NYSE:EIX). A recap of the scope of the contract is described below, from ATGFF’s press release:
stock market research: G&K Services, Inc.(GK)
Advisors’ Opinion:
- [By Ben Levisohn]
Cintas (CTAS) soared to the top of the S&P 500 today after the uniform provider received the go-ahead for its purchase of G&K Services (GK).
- [By Ben Levisohn]
We maintain our positive view toward Cintas, particularly as G&K Services (GK) is likely to bolster Cintas’s growth potential over the next few years. However, after strong appreciation since the G&K announcement last August, we believe that much of the good news is already priced in at 25x/22x our pro-forma FY18/FY19 adjusted EPS estimates. As a result, we rate CTAS Sector Perform and await a better entry point.
stock market research: Resolute Energy Corporation(REN )
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
Or how about Resolute Energy (REN) , which has a big position in the Permian. Why is that stock not quitting? Same with Diamondback Energy (FANG) . How can that one keep roaring?
- [By Ezra Schwarzbaum]
Related Links: Magellan Midstream Riding The Wave Of Rising US Oil Exports
Resolute Energy Corp (NYSE: REN), $40 Price Target
Moving into the late-2014 downturn, Resolute had an over-levered balance sheet, flat production and a wide geographical spread.
- [By Dustin Parrett]
Company Name
Share PriceYTDMarket CapClayton Williams Energy Inc. (NYSE: CWEI)$138.8216.4%2.4BDiamondback Energy Inc. (Nasdaq: FANG)$106.365.42%$9.38BWestern Gas Partners LP (NYSE: WES)$65.6411.71%$9.67BTesoro Logistics LP (NYSE: TLLP)$59.3416.79%$6.25BResolute Energy Corp. (NYSE: REN)$46.0811.87%$931.13MAntero Midstream Partners LP (NYSE: AM)$34.9813.28%$6.4BExterran Corp. (NYSE: EXTN)$33.9942.22%$1.19BDominion Midstream Partners LP (NYSE: DM)$32.9011.34%$2.6BNextEra Energy Partners LP (NYSE: NEP)$31.1922.12%$1.68BArchrock Inc. (NYSE: AROC)$16.0021.21%$1.12B
While some of these stocks have performed well, we arent recommending this list of natural gas stocks. Thats because we arent interested in stocks that have already peaked at Money Morning; were interested in the next big winner. And we have one that could surge in 2017
- [By Elizabeth Balboa]
The activist hedge fund’s latest 13F revealed a stake in Resolute Energy Corp (NYSE: REN), and on Monday, it announced a new position in EQT Corporation (NYSE: EQT).
stock market research: Daktronics, Inc.(DAKT)
Advisors’ Opinion:
- [By Monica Gerson]
Daktronics, Inc. (NASDAQ: DAKT) is estimated to report its quarterly earnings at $0.08 per share on revenue of $156.17 million. Daktronics shares slipped 0.13 percent to close at $7.97 on Tuesday.
- [By Monica Gerson]
Daktronics, Inc. (NASDAQ: DAKT) is projected to report its quarterly earnings at $0.08 per share on revenue of $156.17 million.
Guidewire Software Inc (NYSE: GWRE) is estimated to post its quarterly earnings at $0.06 per share on revenue of $92.43 million.
stock market research: Core-Mark Holding Company Inc.(CORE)
Advisors’ Opinion:
- [By Lisa Levin]
Tuesday afternoon, the non-cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from GNC Holdings Inc (NYSE: GNC) and Core-Mark Holding Company, Inc. (NASDAQ: CORE).
- [By Monica Gerson]
Core-Mark Holding Company, Inc. (NASDAQ: CORE) is projected to report its quarterly earnings at $0.27 per share on revenue of $2.92 billion.
Albemarle Corporation (NYSE: ALB) is estimated to post its quarterly earnings at $0.86 per share on revenue of $814.80 million.
