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Matthew Smith  

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  • Commodities Today: Oil Stocks Rising Again, Utilities Report Mixed Results
    Fri, Feb. 13 BP, CPN, DTE 4 Comments

    Summary

    • Russia and Ukraine signed a cease fire which will go into effect this weekend.
    • A handful of utilities reported quarterly results, most of which missed estimates.
    • Oil stocks are rising once again as WTI has caught a bid.
  • Today's Market: Earnings Moving These Stocks, M&A In Pharma And Big Management Shakeups
    Fri, Feb. 13 AIG, CAG, KING Comment!

    Summary

    • KRFT & CAG announced some big management changes, disappointing quarterly results and guidance.
    • SLXP is rumored to have two potential suitors in SHPG and VRX.
    • KING & ZNGA reported quarterly results with KING rewarding shareholders handsomely.
  • Commodities Today: Oil Stocks Rise, Miner Announces Increased Dividend And Buybacks
    Thu, Feb. 12 APA, APC, BHP 1 Comment

    Summary

    • TOT is taking a large charge related to their North American properties focused on shale and tar sands.
    • RIO announced an increase to the company's dividend and a new $2 billion share buyback.
    • Oil equities are rallying after APA announced a sharp reduction to its rig count.
  • Today's Market: Big Earnings Moves, Another Merger And A Surprise Move
    Thu, Feb. 12 AAPL, CSCO, EXPE Comment!

    Summary

    • OWW has finally found a buyer and will sell to EXPE for $12/share in an all cash deal.
    • TSLA & CSCO reported results last night, with TSLA disappointing and CSCO providing a nice surprise.
    • GE will give investors who meet certain criteria proxy access, which could create a rise in shareholder nominated board members.
  • Commodities Today: Mergers And Acquisitions, Management Changes, And Earnings News Moving These Stocks
    Wed, Feb. 11 BHI, EVEP, HAL Comment!

    Summary

    • KMI announced a $158 million deal which should close in the 1st quarter of 2015.
    • EVEP's CEO is leaving and the company is promoting from within for both the CEO and CFO positions.
    • MOS reported quarterly results which beat estimates, but the stock is only up marginally.
  • Today's Market: Earnings And Acquisitions Pushing These Names Higher
    Wed, Feb. 11 CVS, KO, LGF 2 Comments

    Summary

    • PIR announced that earnings would disappoint and told investors that the CFO was leaving the company.
    • RAD entered into a $2 billion deal to purchase a pharmacy benefits manager, which will mimic CVS' deal for Caremark nearly a decade ago.
    • John Malone has made another deal which could indicate his preferred buyer for Starz.
  • Commodities Today: Energy, Brazil And Utility Stocks Remain Volatile
    Tue, Feb. 10 GDP, LINE, LNCO Comment!

    Summary

    • It seems that investors may have to deal with further issues from Ukraine and Russia, as the US and Germany are prepared to provide weaponry to Ukraine.
    • Energy names are falling sharply today as oil prices test the $50/barrel level.
    • There are reports that SD is set to reduce its rig count in the Mississippi Lime play by about 75%.
  • Today's Market: Earnings, Spinoffs And Settlements Moving These Stocks
    Tue, Feb. 10 CVS, HD, HOT Comment!

    Summary

    • QCOM reached a settlement with China over its monopolistic practices, settling for under $1 billion and agreeing to change certain practices.
    • Hotel companies beat Wall Street estimates and are moving higher this morning.
    • Retailers (including drugstores, teen apparel and home improvement) have reported bullish news today that are leading some to wonder if now is the time to buy.
  • Today's Market: More M&A Coming, Financial Names Run Into More Trouble
    Mon, Feb. 9 CME, GD, HON Comment!

    Summary

    • Motorola Solutions is looking for a suitor, as management looks to sell the company to a partner who can help drive growth.
    • ICE is apparently not going to renew a lease for NYSE offices, in a move which could trigger further cost cuts.
    • HSBC is under fire after new media reports focusing on Swiss banking operations and the types of individuals who used these services.
  • Commodities Today: Energy Names Rise, Precious Metals Fall Sharply
    Fri, Feb. 6 AAL, BDORY, BRK.A 2 Comments

    Summary

    • The PBR board is set to announce a new CEO today and the stock is down on rumors of who they will hire.
    • Precious metals prices are lower after strong economic data, including strong wage growth.
    • Some investors are questioning whether now is the time to rotate out of transportation stocks, namely the airlines, and back into oil.
  • Today's Market: These Stocks Rising On Deal News And Strong Results
    Fri, Feb. 6 AMT, AMZN, DPS Comment!

    Summary

    • Discuss major economic data and recent moves in the US market, as well as international markets.
    • Social media stocks LNKD & TWTR blew away estimates and are rising sharply on the session.
    • Highlight the deals that VZ announced yesterday and DPS's decision to return more cash to shareholders.
  • Commodities Today: Oil Names Rally Again, Could China Buy Energy Assets
    Thu, Feb. 5 CEO, EVEP, GDP 3 Comments

    Summary

    • Discuss the rally taking place in oil equities, with big gains coming for E&P MLPs and certain leveraged shale producers.
    • Look at the latest job cuts in the oil field service sector.
    • Explain the possibility that Chinese energy companies could soon look to buy energy assets now that prices have declined and many companies are looking to offload assets.
  • Today's Market: Mergers And Acquisitions Driving Markets And These Stocks Higher
    Thu, Feb. 5 ACT, AGN, ANTM 1 Comment

    Summary

    • Discuss the deals announced in the pharmaceutical industry, which has a number of stocks rising.
    • Look at VZ's $10 billion asset deal, which appears close to being finalized with FTR.
    • CBS's Moonves is trying to buy Sumner Redstone's controlling stake in the company.
  • Commodities Today: Bakken Producers Are Bullish, Shakeup At Petrobras
    Wed, Feb. 4 HAL, HES, PBR 3 Comments

    Summary

    • Energy prices are retreating after large increases in inventories.
    • Bakken energy companies say they are not looking to reduce headcount in the oil play, but are looking for other ways to lower costs.
    • The CEO and five executives of PBR have resigned.
  • Today's Market: Stocks On The Rise, Blowout Earnings And Dividend Increases
    Wed, Feb. 4 AMGN, AMZN, BIIB 1 Comment

    Summary

    • Discuss the mergers in retail that were announced in the last 24 hours.
    • Look at quarterly reports from industrial names GM & WHR and the large EPS beats that the companies delivered.
    • Highlight strong results from DIS and news that GILD will be initiating a dividend in 2015.
  • Commodities Today: Rally Underway, Oil Names Move Strongly Higher
    Tue, Feb. 3 APC, BP, CLF 1 Comment

    Summary

    • CLF surprises investors with news regarding its exit from Canada and Bloom Lake.
    • BP joins other oil majors in cutting capital expenditures and reports a surprise profit from its Russian stake.
    • Oil prices are driving the bullish sentiment in the market right now, with capex cuts helping push oil prices higher.
  • Today's Market: What's Behind The Recent Rally
    Tue, Feb. 3 DDD, GOOG, GOOGL 3 Comments

    Summary

    • Discuss what is behind the rally which has taken place over the last couple of sessions.
    • Revisit the 3-D printing makers and the bad news from SSYS which is dragging that name sharply lower today.
    • Update readers on the talk centering around a SPLS & ODP merger which could be beneficial for both companies' shareholders.
  • Commodities Today: Big News From Oil Companies And MLPs
    Mon, Feb. 2 CVX, EVEP, LINE 2 Comments

    Summary

    • XOM announces strong bottom line results and slashes share buybacks for 2015's Q1.
    • EVEP cut its distribution, but still sports a strong yield with the new $2/unit annualized payout.
    • Discuss the latest oil price moves and our expectation for how an oil equity rally would take place.
  • Today's Market: Issues Impacting Stocks And More Currency Market Turmoil
    Mon, Feb. 2 GM, MRK, MSFT 2 Comments

    Summary

    • Update readers on some ongoing stories that we have been following over the past few months and year.
    • Discuss currency issues that are impacting the multinationals and why investors have been caught off guard.
    • Look at the latest issues affecting Sony.
  • Commodities Today: Break-Ups, Share Buyback Suspensions And Rallying Precious Metals
    Fri, Jan. 30 CVX, DNKN, MTW Comment!

    Summary

    • Update readers on the latest in the coffee market and why precious metals have caught a bid today.
    • Look at news that MTW is going to give in to activist investors and split the company into two.
    • Discuss CVX's decision to suspend share buybacks in 2015, which was announced on this morning's conference call.
  • Today's Market: Big Tech Earnings, Stock Splits And Tasty IPO
    Fri, Jan. 30 AMZN, CMG, DIA 1 Comment

    Summary

    • Highlight the tech earnings from AMZN and Google and why investors are cheering those results.
    • Look at the announced 4-for-1 stock split at Visa and its impact upon the Dow.
    • Discuss the IPO of SHAK, set to debut today.
  • Commodities Today: Bullish Ag News, More Energy Companies Cut Spending
    Thu, Jan. 29 AGU, COP, DOW Comment!

    Summary

    • Look at the precious metals market and the moves taking place in gold, platinum and silver.
    • Highlight quarterly results from DOW and POT and the strength companies which focus on agriculture are seeing.
    • Update readers on the latest spending cuts from large energy companies here in the United States.
  • Today's Market: News Moving These Stocks
    Thu, Jan. 29 AAPL, AMZN, DIA 2 Comments

    Summary

    • Highlight earnings which are moving tech company stocks.
    • Discuss the news that MCD's CEO will step down from his post in a month and the potential reasons for why this happened.
    • Look at AMZN's latest AWS offering that could challenge MSFT and Google.
  • Commodities Today: Disappointing Earnings And MLP M&A On The Increase
    Wed, Jan. 28 BP, CVX, ETP 4 Comments

    Summary

    • Discuss plans for drilling on the Eastern Seaboard, which the White House is set to unveil.
    • Look at HES' most recent quarter and the disappointing results.
    • Highlight the consolidation which is occurring in the MLP space as certain key players look to simplify their business models.
  • Today's Market: Blowout Earnings And Spinoffs Powering Stocks Higher
    Wed, Jan. 28 AAPL, BABA, FB Comment!

    Summary

    • Discuss the financial results which helped change sentiment after yesterday's close.
    • Explain why we are not extremely excited about the YHOO spinoff.
    • Highlight the quarterly results from AAPL and BA.
  • Commodities Today: Disappointing Earnings, More Cost Cuts From Big Oil
    Tue, Jan. 27 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
    Tue, Jan. 27 DD, MMM, MSFT 3 Comments

    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.