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.
Costco (NASDAQ:COST) continues to squander an opportunity by operating as if the internet has not become a major factor in retail.
The company has proven resilient in the face of digital competitors led by Amazon (NASDAQ:AMZN). While other retailers are shuttering stores, losing sales, and generally fighting for survival, the warehouse chain has not had that problem.
GoPro (NASDAQ:GPRO) has been disappointing. I’m not going to sugar coat that one at all. The fourth quarter was a chance in many ways for GoPro to win back investor sentiment and they didn’t deliver. And it wasn’t because consumers weren’t interested in their products, or loss of market share, or even sector headwinds. Of all things, it was execution.
The U.S. dollar weakened slightly against major rivals on Wednesday, following a dip in Treasury yields, though moves were muted ahead of policy-setting meetings of the European Central Bank on Thursday and the Federal Reserve next week.
Meanwhile, the Australian dollar fell as weak gross domestic product data disappointed investors, and the British pound weakened after a surprise drop in....More>>>