Momentum Stocks

Bear of the Day: American Assets Trust (AAT)

Headquartered in San Diego, California, American Assets Trust ( AAT ) is a full service, vertically integrated and self-administered Real Estate Investment Trust (REIT). It acquires, improves, develops and manages premier retail, office and residential properties throughout the US. […]

Stock Analysts

North Dakota Oil Output on Track to Hit New Record in 2018

As per North Dakota’s oil regulator, the state’s daily crude output rose 0.9% in November after climbing 6.9% in the previous month. The North Dakota Department of Mineral Resources’ ("DMR") latest data said that oil production in November averaged 1,194,920 barrels a day, up 11,110 barrels a day from October. […]

Stock Analysts

Will J&J (JNJ) Witness Deceleration in 2018 Sales Growth?

Johnson & Johnson’s JNJ fourth-quarter 2017 results were mixed as it beat estimates for earnings while missing the same for sales. J&J announced its fourth-quarter results on Jan 23 before markets opened. As expected, J&J’s sales growth accelerated in the second half of the year backed by higher sales in the Pharmaceutical segment and improving performance in Medical Devices […]

Stock Analysts

Barrick (ABX) Invests in Royal Road to Acquire 12.5% Stake

Barrick Gold Corporation ABX inked an agreement to acquire 9,875,876 ordinary shares of Royal Road Minerals Limited at a price of 16 Canadian cents per share, for total consideration of roughly C$1.6 million. The transaction will be made through a non-brokered private placement and is expected to close on or by Feb 9. Following the deal closure, Barrick will own 20,980,276 ordinary shares of Royal Road, which represents around 12.5% of the issued and outstanding ordinary shares of the latter, on a non-diluted basis […]