Technicals

MPLX Looks Good: Stock Adds 6.5% in Session

MPLX LP MPLX was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 6.3% in the past one-month time frame. […]

Stock Analysts

Forget Alibaba, Buy These 5 Chinese Stocks Instead for 2019

Trade wars are considered headwinds for companies as these erode profit margins and affect the overall economy. Thus, the rising trade war between the United States and China has impacted Alibaba Group Holding Limited BABA . Despite Alibaba’s strong first half of 2018, the China-based e-commerce giant was fettered by this trade war, in turn increasing expenses and slowing economy in the second half of 2018. […]

Stock Analysts

Rowan’s (RDC) Jack up Rig Receives Contract in Trinidad

Rowan Companies plc’s RDC 240-C Class harsh environment jack up rig — Ralph Coffman — has received a 180-day contract in Trinidad. Previously, the company received a contract from CGX Resources for the same rig. The jack-up, which is capable of performing in harsh environments, is anticipated to initiate the contract in Trinidad in April 2019. […]

Stock Analysts

Verizon Poised on Healthy Wireless Business and 5G Boom

In 2018, Verizon Communications Inc. VZ unveiled the world’s first commercial 5G service — Verizon 5G Home — in parts of Houston, Indianapolis, Los Angeles and Sacramento to enable customers to experience the first taste of commercial 5G network. It intends to thereafter augment broadband Internet and introduce 5G mobility service across the country […]

Stock Analysts

Forget LBTYA, Buy These 3 Cable TV Stocks Instead in 2019

Liberty Global Plc LBTYA has had a horrifying year so far, due to continuing subscriber loss in video and cable. Moreover, weakness in countries like Belgium and Switzerland has hurt top-line growth throughout 2018. Notably, Liberty Global provides residential and business-to-business (B2B) communication services in Belgium through Telenet Group Holding, a 57.7%-owned subsidiary. […]

Stock Analysts

JPMorgan Settles Improper Handling of ADRs Charges for $135M

JPMorgan JPM became the latest bank to be fined by the Securities and Exchange Commission (“SEC”) for allegations related to improper handling of American Depositary Receipts (ADRs). The company will be paying $135.1 million to settle the charges. Of the total amount, JPMorgan will pay $71 million in disgorgement, $14.4 million in prejudgment interest and the remaining $49.7 million in fine. […]