Marathon Petroleum (MPC) is planning to move rapidly on its growth trajectory with higher capex slated for 2018.
Energy Transfer Equity and its subsidiary, Energy Transfer Partners, reported 4Q17 earnings on February 21, 2018.
Since the stock market decline began on January 26, Whiting Petroleum stock has fallen 21%.
Macy’s (M) is scheduled to report its 4Q17 results on February 27, 2018. The company’s sales have declined for 11 consecutive quarters.
Since January 2, Marathon Petroleum (MPC) has risen 1.1%—the highest among its peers.
ServiceNow (NOW) reported 4Q17 earnings per share of $0.35, for a whopping 45.8% year-over-year increase.
Lowe’s Companies (LOW) plans to announce its 4Q17 earnings before the market opens on February 28.
US railroads carried ~520,000 railcars in the sixth week, compared with more than 511,000 railcars in the week ended February 11, 2017.
Of the 27 analysts covering Regeneron Pharmaceuticals (REGN) in February 2018, 12 of them have given the stock a “buy” or higher rating.
Eli Lilly and Company (LLY) reported revenue of ~$6.2 billion in 4Q17, representing 7% growth from 4Q16.
Among major US railroads, Genesee & Wyoming stock was hit the hardest. The stock has fallen 10% YTD as of February 21, 2018.
In 4Q17, Johnson & Johnson (JNJ) generated revenues of $20.2 billion, which reflected ~12.0% growth on a year-over-year basis.
On February 21, 2018, US crude oil April futures fell 0.2% and closed at $61.68 per barrel.
Comcast (CMCSA) reported better-than-expected 4Q17 results on January 24, 2018, with adjusted EPS (earnings per share) of $0.49.
Sprint’s (S) solid fiscal 3Q17 financial results suggested that the company is indeed holding its own in an intensely competitive wireless market.
The API reported that US crude oil inventories decreased by 0.9 MMbbls (million barrels) to 420.3 MMbbls on February 9–16, 2018.
In January 2018, US light vehicle sales (XLY) stood firm and witnessed a ~1% YoY (year-over-year) increase.
Walmart’s adjusted fiscal 4Q18 EPS (earnings per share) of $1.33 missed analysts’ estimate of $1.37.
On February 22, the S&P 500 traded higher for most of the day, reversed at the end of the day, and closed lower.
February’s HMI reading was reported at 72, unchanged from the January reading and two points below the 18-year peak reported in December.