Seeking Alpha

Matthew Smith

 
View as an RSS Feed
View Matthew Smith's Articles BY TICKER:
  • Commodities Today: Disappointing Earnings, More Cost Cuts From Big Oil
    Yesterday, 11:37 AM ACI, ANR, BP Comment!

    Summary

    • Highlight comments from the President of Saudi Aramco which would appear to indicate he wants higher oil prices.
    • Look at disappointing earnings from CAT and FCX.
    • Discuss the latest cost-cutting measure from BP.
  • Today's Market: Earnings, The Good, The Bad And The Ugly
    Yesterday, 10:08 AM DD, MMM, MSFT Comment!

    Summary

    • Highlight currency markets and discuss in general terms the corporate earnings which were reported since yesterday's close.
    • Discuss currency effects on earnings and sales, as well as how it is forcing companies to adjust forward guidance.
    • Run through earnings results with the highlights.
  • Commodities Today: Mergers, Dividend Cuts And A Blizzard
    Mon, Jan. 26 CLF, IP, MWV Comment!

    Summary

    • A blizzard is moving towards the US northeast and could drop record snowfall in some areas.
    • RKT and MWV announced a $16 billion merger to create a more formidable rival for IP.
    • CLF announced that they would cut their dividend in order to save over $90 million each year.
  • Today's Market: Merger Monday And Google's New Content Deal
    Mon, Jan. 26 AXS, BUD, GOOG 1 Comment

    Summary

    • BUD continues to snap up US craft breweries as the company builds out its portfolio in the US.
    • PRE & AXS are merging as equals in a deal that will create one of the largest reinsurers in the world.
    • Google and the NFL signed a deal to allow the internet giant to show certain NFL content online, according to tech publication re/code.
  • Commodities Today: What Today's Events Mean For Oil, OPEC And Saudi Arabia
    Fri, Jan. 23 ACI, ANR, BP 2 Comments

    Summary

    • Explain why King Abdullah's death could have an impact on Saudi oil production decisions moving forward.
    • Look at the fresh lows that coal producers' stocks are hitting and why we still are not buyers of the industry.
    • Review comments from Saudi royals regarding OPEC and the oil market including a cap on oil prices and continued weakness in the market.
  • Commodities Today: M&A In The Oil Fields And Railroads Surging On Results
    Thu, Jan. 22 BRK.A, BRK.B, CLR 2 Comments

    Summary

    • Mario Draghi and the ECB deliver on their promise of a big QE program.
    • Investors are cheering UNP's quarterly results, even as the company cautioned about the impact of labor disputes and falling energy prices.
    • Richard Kinder steps down from the CEO role as KMI announces a $3 billion deal.
  • Today's Market: Tech Rumors And Bank M&A
    Thu, Jan. 22 CYN, DISH, GOOG Comment!

    Summary

    • S & TMUS rally on news that Google is poised to sign deals with the carriers to use their mobile networks to launch their own mobile service.
    • The ECB announced a 60 billion euro per month bond buying program, which has markets trading higher and the euro falling.
    • The big banking deal today is less about traditional banking services and more about wealth management.
  • Commodities Today: Possible Oil M&A And An Oil Price Rise?
    Wed, Jan. 21 APA, APC, BHP Comment!

    Summary

    • APA's longtime CEO stepped down, possibly clearing the way for the company to be sold outright, sell its international assets or break-up the company.
    • Discuss BHP's plans to cut rigs in its oil shale plays through the end of the fiscal year.
    • Revisit oil prices and what some in the industry are predicting.
  • Today's Market: Tech Earnings Moving These Names
    Wed, Jan. 21 AMZN, CREE, IBM Comment!

    Summary

    • Discuss the big quarter from NFLX and what is driving the company's growth.
    • Highlight the good quarter and forward guidance from CREE.
    • Look at the disappointing quarterly results from IBM and news that QCOM may lose a big customer.
  • Commodities Today: Oil Service Companies Surprise, Chinese Energy Names Downgraded
    Tue, Jan. 20 BHI, CEO, HAL Comment!

    Summary

    • Update readers on the latest from the IMF and other news worthy items.
    • Discuss latest downgrades to hit foreign energy companies.
    • Look at news moving oil service companies.
  • Today's Market: Big Tech News, Disappointing Banking News
    Tue, Jan. 20 BAC, C, GOOG 3 Comments

    Summary

    • Update investors on some of the big news items announced over the long weekend.
    • Highlight the latest $1 billion deal that Google is reported to be involved in.
    • Discuss the latest Wall Street bank to disappoint on the earnings front due to weakness in fixed income.
  • Commodities Today: Energy Related Stocks Rise, Gold's Run Continues
    Fri, Jan. 16 APC, BHI, BP Comment!

    Summary

    • Highlight the move in gold prices, which has taken the yellow metal's price above that of platinum which generally trades at a premium.
    • Discuss results from SLB and RRC which has both stocks moving higher.
    • Update investors on the latest regarding BP and the legal proceedings surrounding the oil spill in the Gulf of Mexico.
  • Today's Market: FX, Technology And Content Deals Moving These Stocks
    Fri, Jan. 16 DISH, FOX, FOXA Comment!

    Summary

    • Discuss the fallout from the SNB decision to remove the cap on the Swiss Franc.
    • Look at the major tech news from the past 24 hours and the impact moving forward.
    • Highlight RGC's decision to not sell the company and remain public.
  • Commodities Today: Gold Names Rallying, Further Cuts For Oil Companies
    Thu, Jan. 15 AUY, BP, EPD 4 Comments

    Summary

    • Highlight the move made by the SNB which has impacted currency and commodity markets.
    • Look at the rally taking place in the precious metals today.
    • Discuss the spending cuts announced by European integrated oil companies BP and RDS.
  • Today's Market: M&A Rumors, Retailers And Currency Markets Moving Markets
    Thu, Jan. 15 BBRY, BBY, GME Comment!

    Summary

    • Highlight the big moves by central bankers overnight, including the SNB's decision to abandon the cap against the Euro.
    • Discuss retail names moving on news, including TGT's decision to exit Canada and reports that RSH will file for bankruptcy soon.
    • Look at the denials from BBRY and Samsung related to a report from Reuters that the companies were close to a deal.
  • Commodities Today: News Moving These Stocks Lower
    Wed, Jan. 14 FCX, NFX, SCCO Comment!

    Summary

    • NFX has decided to keep its Chinese properties due to weak prices and SU cuts 2015 spending plans and jobs.
    • Revisit the copper producers and the weakness in that market.
    • Discuss the issues affecting TSLA's share price today, including problems in China relating to perceptions on ease of use.
  • Today's Market: Stocks Moving On News
    Wed, Jan. 14 AAMC, AAPL, AMZN Comment!

    Summary

    • Highlight the latest fears regarding GPRO.
    • Look at the positive comments from Stifel regarding NFLX, even though AMZN has recently been the darling of the streaming media companies.
    • Update readers on the latest regarding OCN and its regulatory issues.
  • Commodities Today: Earnings And Oil Impacting These Names
    Tue, Jan. 13 AA, BA, F Comment!

    Summary

    • Discuss what investors need to be paying attention to as it relates to Europe in the next 24 hours.
    • Remind investors not to forget Russia as it continues to feel pressure from falling prices.
    • Look at earnings from AA and comments from OPEC members which are impacted markets today.
  • Today's Market: Rally Underway On Strong Earnings
    Tue, Jan. 13 AIG, HLF, IWM Comment!

    Summary

    • Update readers on the latest in the HLF/Ackman drama and why shares fell yesterday.
    • Discuss the departure of TFM's CEO and who has been appointed to fill the position in the interim.
    • Look at MET's decision to sue the government over being designated a SIFI.
  • Commodities Today: Big Solar Deal And Energy Companies Forced To Raise Money
    Mon, Jan. 12 CHK, SUNE, SWN Comment!

    Summary

    • Look at oil and natural gas prices, both of which are falling sharply today.
    • Discuss the latest on CHK and SWN, and Goldman Sachs' views on the energy sector.
    • Explain SunEdison's latest deal in India.
  • Today's Market: Pharma And Biotech M&A Start 2015 With A Bang
    Mon, Jan. 12 ABBV, ABC, FMI Comment!

    Summary

    • Roche Holdings is purchasing a majority stake in Foundation Medicine in a deal structured in a similar fashion to how Roche bought into Genentech.
    • In a long rumored deal, Shire and NPS Pharmaceuticals announced a combination.
    • Tekmira will purchase OnCore, which is developing a key Hepatitis B treatment.
  • Commodities Today: Smaller Oil Companies In The News
    Fri, Jan. 9 FCX, HK, SCCO Comment!

    Summary

    • Discuss the latest in the media regarding low oil and gasoline prices and its impact upon the US consumer.
    • Look at the latest quarterly results from SD, which saw the company's EPS beat the analyst consensus.
    • Highlight the latest company to cut their capital spending plans.
  • Today's Market: Activist Investors Step Up Pressure, Retail Names In The News
    Fri, Jan. 9 BBBY, DD, JWN Comment!

    Summary

    • Highlight M's restructuring plans that could save the company up to $140 million per year.
    • Explain Nelson Peltz's latest move in regards to forcing change at DD.
    • Discuss earnings in the retail space and why investors are reacting negatively to BBBY's latest quarter.
  • Commodities Today: Coal Company Bailed Out, Oil Stock Downgrades Continue
    Thu, Jan. 8 ACI, ANR, BTU Comment!

    Summary

    • Discuss the current state of the commodity markets and what readers should watch for in the near-term.
    • Highlight Citi's downgrade of CHK.
    • Look at Poland's bailout of the EU's largest coal producers.
  • Today's Market: Stocks Moving On News
    Thu, Jan. 8 AEO, ARO, BIIB 1 Comment

    Summary

    • WDFC reported another poor quarter and shares are under pressure this morning.
    • Teen retailers had good news to report this morning and investors are cheering, pushing shares in three names higher.
    • Biotech giant BIIB reported promising results in a mid-stage trial that has the market excited.
  • Commodities Today: Potential Pitfalls For Investors In The Oil Patch
    Wed, Jan. 7 ESV, NE, RDC 2 Comments

    Summary

    • Discuss why investors might want to avoid certain areas in the oilfield services area that might be value traps.
    • Look at the US Dollar Index, which is trading higher again today.
    • Explain why oil prices might take longer to recover, especially as OPEC members such as UAE continue to expand production.
  • Today's Market: Deals, Mergers And Acquisitions, And Rumors Swirling About These Stocks
    Wed, Jan. 7 ABBV, AZN, CPB Comment!

    Summary

    • Discuss GMCR and DPS' announcement to partner on drinks for GMCR's cold-drink machines.
    • Highlight news that 3G is raising capital for a new fund that will look to buy into the food and beverage business.
    • Summarize some of the rumored buyers and sellers in the healthcare industry for 2015.
  • Commodities Today: Contrarian Oil Call From Wealthy Family, Downgrades Ahead For Railroads?
    Tue, Jan. 6 BRK.A, BRK.B, CSX 3 Comments

    Summary

    • Highlight UBS' downgrade of CSX and why we could see further downgrades for the railroads.
    • Look at Bloomberg's article on the Richardson family in Canada and their bullish bet on oil.
    • Discuss the announcement from MTDR regarding the delay to their analyst meeting and the slashing of their exploration budget.
  • Today's Market: M&A Picks Up, Company Hit With Fraud
    Tue, Jan. 6 AOL, COH, DIA Comment!

    Summary

    • Highlight the yield on the US 10-year Treasury which has now fallen below 2.00% on current market jitters.
    • Discuss how VZ has emerged as a potential suitor for AOL.
    • Look at the latest deal in the luxury goods industry that should help COH.
  • Commodities Today: Natural Gas And Uranium Names Moving Higher
    Mon, Jan. 5 CCJ, UNG, URG 1 Comment

    Summary

    • A big merger was announced in the uranium mining space, with UUUU and URZ teaming up.
    • Further consolidation could follow, with URG being a prime target.
    • UNG and natural gas are moving higher as cooler weather hits the east coast.
  • Today's Market: Biotech Names Rallying, Retail Buyout Candidates
    Mon, Jan. 5 BBBY, CEMP, DIA Comment!

    Summary

    • Bloomberg highlights some retail names which could attract bids from private equity in 2015.
    • With the Euro falling to fresh multi-year lows, certain travel and hotel companies could be buys.
    • CEMP advances a key drug, while JNJ and ISIS team up to develop GI tract drugs.
  • Commodities Today: Distribution Cuts, And Activist Investors Abandon Their Target
    Sat, Jan. 3 CLF, CVEO, LINE 1 Comment

    Summary

    • I look at the US Dollar Index and explain why it could remain at elevated levels in 2015.
    • Highlight the news from LINE/LNCO Friday morning which has both trading higher.
    • Look at CVEO and how some activists might have been selling into the weakness last week.