Why energy stocks still look so cheap, even after their big rally this month
Energy stocks are having a big month as oil prices surge on Iran war fears — but it’s not solely the conflict in the Middle East that makes the sector appear attractive.
Energy stocks are having a big month as oil prices surge on Iran war fears — but it’s not solely the conflict in the Middle East that makes the sector appear attractive.
Dive Brief: Allstate has tapped CoStar Group CFO Christian Lown to become its next CFO, effective Aug. 3, the insurance giant said Tuesday. In his new position, Lown will receive an annual base salary of $875,000. He will also receive a one-time cash sign-on bonus of $2 million within 60 days of his start date,…
President Donald Trump challenged NATO’s united front on Wednesday, slamming several allies for not spending enough on defense, spotlighting internal divisions within the alliance. NATO leaders’ gathering in Turkey comes at a time when the alliance is facing mounting challenges both externally and internally, and questions are mounting on how to best support Ukraine in…
Three new women’s world records have been set at the Lumberjack World Championships competition held in a small Wisconsin community, full of high-powered sawing, chopping, logrolling, speed climbing and cheers of “Yo-Ho!” This year, 66 men and 40 women attended the three-day competition in Hayward that ended Saturday. They represented 16 states and nine countries. Competitors take…
Happy workers stay at their jobs longer. That saves companies money, as they don’t have to worry about hiring or training new workers nearly as often. In fact, companies that offer at least some form of remote-work option have 25% less turnover, according to 2017 research from remote video-conferencing hardware maker Owl Labs. Over half…
Space Exploration Technologies (SPCX 5.43%) and Micron Technologies (MU +0.04%) are two of the most popular stocks on the market, but CFRA analysts think they are headed in opposite directions. Keith Snyder at CFRA has a sell rating on SpaceX. His target price of $115 per share implies 12% downside from its current share price…
Space Exploration Technologies (SPCX 4.24%) recently went public in what may have been the most anticipated IPO ever. It didn’t disappoint. The stock performed well on its debut and in the subsequent days, even rising to the fifth-largest company on the market at some point. A slew of analysts have weighed in on the stock….