Marathon Oil (MRO), which has been struggling with quarterly losses, will likely become profitable in the coming quarters as it ramps up volumes from its four US onshore assets and benefits from improvement in oil prices.
German property stocks have had a good year, which reflects two things: (1) strong dynamics in German property, primarily based on solid economic growth (ECB forecasts ~1.6% real GDO growth through 2018) and (2) negative ECB deposit rates, which lower financing costs for developers and landlord while also forcing institutional buyers (insurance companies, pension funds and asset managers) into real....More>>>
Azure Power Global has registered an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). This will be the most recent public company in the Azure master limited partnership (MLP) family, once the shares make their debut on the market. The company expects to price its 3.41 million shares in the range of $21 to $23 per share. The entire....More>>>
JPMorgan’s Jamie Baker and Nishant Mani argue that “downside risk appears diminutive” in airlines like Delta Air Lines (DAL), Southwest Airlines (LUV), and American Airlines (AAL)–even if there’s a recession. They explain why:
Were over a year into fuels decline, and investor fears concerning a breakdown in discipline havent materialized.....More>>>
The Chicago Board of Options Exchange (CBOE) launches its futures exchange for Bitcoin at 5:00 p.m. CT, Sunday, December 10. Contracts will trade under the ticker symbol XBT and the CBOE is waiving all transaction fees for XBT futures for the entire month of December.
The Bank of Nova Scotia BNS aims to become the third-largest private bank in Chile with the acquisition of Banco Bilbao Vizcaya Argentaria, S.A.'s BBVA 68.19% stake in BBVA Chile for about $2.2 billion (CAD$ 2.9 billion).
BBVA will accept the binding offer submitted by Scotiabank if t