Can Higher Oil Drive Whiting Petroleum's (WLL) Q3 Earnings?

Can Higher Oil Drive Whiting Petroleum's (WLL) Q3 Earnings?
Domestic oil and gas explorer Whiting Petroleum Corporation WLL is slated to release third-quarter 2017 results after the closing bell on Wednesday, Oct 25. In the trailing four quarters, the Denver, CO-based company had outperformed the Zacks Consensus Estimate by an average of 7.14%. In the preceding quarter, Whiting Petroleum beat the consensus mark by 5.3% on robust output and... Read More

New Products and New Customers Drive Atlassian's Strong First Quarter

New Products and New Customers Drive Atlassian's Strong First Quarter
Collaboration and productivity software provider Atlassian (NASDAQ: TEAM) reported its fiscal first-quarter results after the market closed on Thursday. Revenue surged by more than 40% as the company continued to win new customers, although earnings growth remained sluggish by comparison. Here’s what investors need to know. Atlassian: The raw numbers Metric Q1 2018 Q1 2017 Year-Over-Year Change Revenue $193.8 million... Read More

Celgene Down on Discontinued Crohn's Disease Drug Study

Celgene Down on Discontinued Crohn's Disease Drug Study
Shares of Celgene Corporation CELG declined after the company announced that a phase III trial, REVOLVE, (CD-002) on pipeline candidate GED-0301 in Crohn’s disease and the extension trial, SUSTAIN (CD-004) will be discontinued. Celgene’s stock has moved up 84.2% year to date compared with the industry ‘s gain of 13.6%. The decision to discontinue the trial comes following a recommendation... Read More

4 Tax Credits You're Missing

4 Tax Credits You're Missing
Cutting your tax liability is an art. It requires creativity, commitment, and a long-term vision. Here’s a quick story to show you what I mean. Near the turn of the 20th century, a French postman named Ferdinand Cheval started collecting stones along his delivery route. Over the next 33 years, he used those stones to build a fantastically ornate miniature... Read More

Oil and Gas Stock Roundup: The Rig Count Keeps Tumbling, Pulling Service Stocks With It

Oil and Gas Stock Roundup: The Rig Count Keeps Tumbling, Pulling Service Stocks With It
What happened On the one hand, it was a quiet week in the oil market. Crude didn’t do all that much, ending the week roughly flat at around $51.50 for WTI and $57.50 for Brent. That’s despite some bullish commentary from OPEC’s secretary general, Mohammad Barkindo, who noted that rebalancing in the market was happening at an “accelerated pace.” One... Read More