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Despite TransCanada's Recent Pipeline Leak, Nebraska OK's Keystone XL Expansion
Monday, November 20, 2017 - 12:58pm | 264TransCanada Corporation (USA) (NYSE: TRP) spiked 2 percent intraday Monday after Nebraska’s Public Service Commission approved the extension of the Keystone XL crude oil pipeline. The victory comes just days after a 5,000-barrel leak forced the closure of TransCanada’s controversial...
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Big Oil In The Earnings Spotlight
Tuesday, April 26, 2016 - 9:00am | 724Three petroleum giants are on deck to share their latest earnings results this week. Consensus forecasts indicate that analysts' expectations for all three are low. Net losses are predicted for many others in the oil patch as well. Among the many earnings reports due this week, highlights will...
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Short Interest In First Majestic Silver And Harmony Gold Doubles
Wednesday, April 13, 2016 - 1:52pm | 782Short interest in a number of stocks surged in the most recent settlement period. Two precious metals miners were among those stocks leading that trend in the final weeks of March. Shares of both of them rose in the period, as did the broader markets. As the first quarter drew to a close, it...
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Keystone XL Pipeline Asks For Delay In Final Ruling
Tuesday, November 3, 2015 - 11:36am | 381Canadian-based TransCanada Corporation (NYSE: TRP) petitioned the U.S. government to delay a final ruling on the Keystone XL project. The proposed pipeline would transport heavy crude from Alberta to Nebraska and then on to Gulf Coast refineries. A White House spokesman said that U.S....
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Credit Suisse Upgrades TransCanada Despite Keystone XL Vote Dying In Senate
Wednesday, November 19, 2014 - 11:41am | 223Shares of TransCanada Corporation (USA) (NYSE: TRP) traded higher on Wednesday morning, despite the U.S. Senate failing to approve the Keystone XL pipeline in a vote on Tuesday. The move higher is attributed to an upgrade to Outperform from Neutral with a price target raised to C$68 from a...
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Barron's Recap: Time For A PepsiCo Split?
Sunday, August 24, 2014 - 8:14pm | 878This weekend in Barron's online: the case for splitting up PepsiCo, Barron's annual ranking of the top independent advisors, as well as the prospects for Hasbro, TransCanada, Bunge and more. Cover Story "Time for PepsiCo to Split Up?" by Robin Goldwyn Blumenthal. For years...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...
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Market Wrap For March 5: Markets Calm Following Tuesday's Massive Rally
Wednesday, March 5, 2014 - 5:40pm | 2368U.S. stocks were little changed on Wednesday as investors found no new catalysts to maintain a bull rally, especially ahead of Friday's employment report and no new major developments arising from the Ukraine/Russia stand-off. The Beige Book, released at 2:00 pm, confirmed what most already...
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Did The Last Anti-Keystone Argument Just Bite The Dust?
Monday, February 3, 2014 - 3:02pm | 595With the State Department’s release of a report Friday concluding the Keystone XL pipeline would not substantially worsen carbon pollution, the Obama administration apparently had one less reason for not approving the project. Last summer, the President said he would approve the 1,700-mile...
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Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 5:46pm | 2518The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....