Diageo is the world’s largest spirits maker, and the strength of its portfolio is unmatched. With eight of the world’s top 25 brands and unrivaled global distribution scale, the firm generates robust free cash flows and has a wide economic moat, in our view. With its strong brand portfolio and unmatched distribution scale, the firm…
ConocoPhillips COP reported first-quarter earnings that indicated its shift to higher-margin assets continues at a healthy pace. Specifically, production from the Eagle Ford, Bakken and Permian was 182 mboe/d in the first quarter, a 42% increase over last year. The increase in production for these plays along with increased oil sands production in Canada shifted…
Google Inc. (NASDAQ:GOOGL) risks a fresh round of criticism after its attempts to apply a court ruling giving citizens the right to be forgotten backfired, Ireland’s data watchdog said ahead of an industry summit with European Union privacy chiefs. Google Inc (NASDAQ:GOOGL) stock performance was -0.36% in last session and finished the day at $603.01. Traded…
Morningstar’s credit rating of BBB+ for Royal Bank of Scotland reflects the bank’s large balance of nonperforming loans but is bolstered by the recent improvements in the bank’s operating performance. Through acquisitions, Royal Bank of Scotland has become a global bank, with operations in 50 countries. RBS is primarily a business bank and is dominated…
Intel Corporation (NASDAQ:INTC) Director David B. Yoffie sold 20,000 shares of Intel stock on the open market in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $34.19, for a total value of $683,800.00. Following the sale, the director now directly owns 28,879 shares in the company,…
Chesapeake Energy (NYSE:CHK)’s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a report issued on Friday. They currently have a $33.00 price objective on the stock, up from their previous price objective of $31.00. Deutsche Bank’s target price indicates a potential upside of 22.22% from the company’s current price. Chesapeake…
