Aside from the occasional wobble, investors continue to take the threat of military conflict, including potentially the nuclear kind, and other threats in stride.
While the markets ability to hold its own is perplexing to some observers, others argue that it makes sense given what remains a backdrop of bullish fundamentals. At the same time, the same analysts argue that investors might want to take a little money off the table.
stock: Triple-S Management Corporation(GTS)
Advisors’ Opinion:
- [By Peter Graham]
Small cap Triple-S Management Corp (NYSE: GTS) is an independent licensee of the Blue Cross Blue Shield Association. It is one of the leading players in the managed care industry in Puerto Rico. Triple-S Management has the exclusive right to use the Blue Cross Blue Shield name and mark throughout Puerto Rico, the U.S. Virgin Islands, and Costa Rica. With more than 50 years of experience in the industry, Triple-S Management offers a broad portfolio of managed care and related products in the Commercial, Medicare Advantage, and Medicaid markets under the Blue Cross Blue Shield marks. It also provides non-Blue Cross Blue Shield branded life and property and casualty insurance in Puerto Rico.
stock: Unilever PLC(UL)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
GLP’s customers include Walmart (WMT) , Unilever (UL) , JD.com (JD) , Adidas (ADDYY) , Estee Lauder (EL) and L’Oreal (LRLCY) .
The S$3.38 offer price represents 81% premium over its 12-month volume weighted average price and a 25% premium over its last full trading day before the announcement.
- [By Lisa Levin]
Non-cyclical consumer goods & services shares climbed by 1.13 percent in trading on Friday. Meanwhile, top gainers in the sector included Unilever plc (ADR) (NYSE: UL), and Grand Canyon Education Inc (NASDAQ: LOPE).
- [By Benzinga News Desk]
Unilever PLC (NYSE: UL) said it would divest its 145-year-old margarine and spreads business, part of a broad restructuring in the wake of a spurned takeover approach by Kraft Heinz Co. (NASDAQ: KHC): Link
- [By Demitrios Kalogeropoulos]
Rival Unilever (NYSE:UL) fared better by posting a 1% organic sales drop in the U.S. geography as it gained share despite a shrinking overall industry. Kimberly-Clark, in contrast, couldn’t claim market-share gains and instead had to settle for rising profits. “We delivered earnings growth despite a challenging environment, particularly in North America,” CEO Thomas Falk said in a press release.
stock: Noble Energy Inc.(NBL)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
Noble Energy (NBL) : “Noble’s good. It’s a very well-run, conservative company. It should do well in this environment.”
Himax Technologies (HIMX) : “That area is so red-hot. I think it’s fine, but I like Cypress Semiconductor (CY) more.”
- [By WWW.THESTREET.COM]
In his second “Executive Decision” segment, Cramer sat down with David Stover, chairman and CEO of Noble Energy (NBL) , the oil exploration and production company with acreage in all of the best regions of the U.S.
- [By Paul Ausick]
Noble Energy Inc. (NYSE: NBL) is rated a Buy and Jefferies raised the price target to $47. The 2017 net loss estimate was lowered from $0.40 per share to $0.22 per share. The 2018 EPS estimate was raised from $0.94 to $1.34. Shares closed at $36.71 on Friday, in a 52-week range of $28.82 to $42.03, and the consensus price target is $48.22.
- [By Ben Levisohn]
Noble Energy (NBL) soared to the top of the S&P 500 today after purchasing Clayton Williams Energy (CWEI) for $2.7 billion.
Agence France-Presse/Getty Images
Noble Energygained 7.1% to $40.05, while the S&P 500 fell 0.3% to2,267.89.
Wunderlich’s Irene Haas explains why she’s a fan of the deal:
Noble Energy (NBL) has agreed to acquire Clayton Williams Energy Inc. (CWEI-$103.98, Hold) for $3.4 billion. The transaction has been approved by both boards and should close during 2Q17. NBL will gain 71,000 net acres in Reeves County, production of 10,000 boepd, and 2,400 gross locations (with 8,000 lateral length) in the Wolfcamp, with net un-risked resource potential of over 1 billion boe. Netting out production, acreage outside of Reeves County, and midstream assets, NBL valued the Reeves County acreage at~$32,000 per net acre. NBL has the balance sheet and the technical expertise to develop the project quickly and generate meaningful production and cash flow growth. We reiterate our Buy rating on NBL.
Noble Energy’s market capitalization rose to $17.2 billion from $16.1 billion on Friday. It reported a net lossof $2.4 billion on sales of $3 billion in 2015.
stock: Inter Parfums, Inc.(IPAR)
Advisors’ Opinion:
- [By Monica Gerson]
Inter Parfums, Inc. (NASDAQ: IPAR) is estimated to post its quarterly earnings at $0.31 per share on revenue of $110.58 million.
Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) is expected to report its quarterly earnings at $0.37 per share on revenue of $1.10 billion.
stock: America’s Car-Mart Inc.(CRMT)
Advisors’ Opinion:
- [By Monica Gerson]
America’s Car-Mart, Inc. (NASDAQ: CRMT) is projected to post its quarterly earnings at $0.58 per share on revenue of $149.13 million.
Ryanair Holdings plc (ADR) (NASDAQ: RYAAY) is expected to report its quarterly earnings at $0.24 per share on revenue of $1.16 billion.
- [By Monica Gerson]
Analysts are expecting America’s Car-Mart, Inc. (NASDAQ: CRMT) to have earned $0.58 per share on revenue of $149.13 million in the latest quarter. America’s Car-Mart shares rose 2.06 percent to close at $23.25 on Friday.
