August 22, 2017
By Jordan Valinsky
The United States Navy is a powerhouse. (click here) The fleet consists of roughly 430 ships in active service or reserve. The vessels run the gamut from the massive Nimitz-class aircraft carrier, which stretches more than 1,000 feet, to the Los Angeles-class submarine that slithers 900 feet below the ocean surface.
This map from @Naval_Graphics on Twitter shows all the commissioned and noncommissioned ships of every size as of April 2015. The ships are organized by size, from the humongous aircraft carriers at the top to the smaller ships at the bottom...
December 24, 2018
By Megan Eckstein
The Navy awarded General Dynamics’ Bath Iron Works (click here) a second destroyer for Fiscal Year 2019, in the first contract option that accelerates DDG buys from the Navy’s previous two-a-year rate.
In September the Navy awarded the first 10 Arleigh Burke-class destroyers in the five-year multiyear procurement contract that spans FY 2018 to 2022. Six ships went to Ingalls Shipbuilding in Pascagoula, Miss. – two in 2018, and one a year in 2019 through 2022. Bath Iron Works got zero ships for 2018 and one a year in 2019 through 2022.
This option award that gives another ship to BIW in 2019 not only boosts the Maine yard’s workload but also is the first move to three DDGs a year. The Navy in previous budget submissions had outlined a two-a-year procurement rate for the near future, but the House and Senate armed services committees authorized the Navy to enter into multiyear contracts for up to 15 ships in five years. The contracts with Ingalls Shipbuilding and Bath Iron Works were signed at the end of September and awarded the first 10 right away, with options for five more ships.
Though the House and Senate armed services committees authorized the Navy to buy three destroyers in FY 2018, the appropriators only gave money for two. However, both the authorizers and appropriators agreed to three in FY 2019, which allowed the Navy to award this option to BIW....
December 27, 2018
Houston -- Halliburton Company (click here) has announced it has signed two contracts with Eni Iraq BV (Eni) to provide integrated drilling services at Eni’s Zubair oil field in Southern Iraq. Under the contracts, Halliburton will mobilize four to six rigs to drill development wells over the next two years.
“We are pleased to be awarded this work and the opportunity to collaborate with Eni to engineer solutions for the development of Zubair,” said Mahmoud El-Kady, V.P. of the Iraq Area for Halliburton. “We have provided a wide array of drilling services to Eni since 2011 and signing these contracts are a testimony to our continuous commitment to safety and superior service quality.”
December 27, 2018
By Lisa Matthews
Renaissance Technologies LLC (click here) trimmed its stake in Halliburton (NYSE:HAL) by 82.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 490,905 shares of the oilfield services company’s stock after selling 2,229,790 shares during the quarter. Renaissance Technologies LLC owned 0.06% of Halliburton worth $19,896,000 at the end of the most recent quarter....
December 27, 2018
By Michael Baxter
Halliburton Company (HAL) Consensus Price Target (click here)
The mean recommendation of HAL on Reuter’s scale dropped from 1.8 to 1.77 within 30 days. This figure implies that the majority of analysts rate it as a buy. The price target for Halliburton Company (NYSE:HAL) is now around $46.48 a share, implying the stock has what it takes to grow by 75.86%. The recent trading session also indicated the stock needs to add 115.66% more meet analysts’ high consensus price target.
Halliburton Company (NYSE:HAL) Intraday Trading
The current trading volume of the company was 14.76 million shares during the last session. That compares with the recent average volume of 11.64 million shares. By the end of the regular trading session, the price volatility over a 1-week span was 5.7 while month stood 4.01%. The stock price of HAL dropped to $25.14 during the day and at a certain time in 12 months it traded as low as $25.14. It has made a 5.13% recovery since its 52-week low point and has returned -45.92% year-to-date.
December 27, 2018
By Loren Robinson
...Halliburton Company (NYSE:HAL))’s (click here) earnings per share has been growing at a -33 percent rate over the past 5 year when average revenue increase was noted as -6.3 percent. The return on equity ratio or ROE stands at 1.9 percent while most common profitability ratio return on investment (ROI) was 5.2 percent. The company’s institutional ownership is monitored at 81.7 percent. The company’s net profit margin has achieved the current level of 0.7 percent and possesses 13.1 percent gross margin.
December 27, 2018
...A number of equities analysts (click here) recently commented on the stock. Stifel Nicolaus assumed coverage on shares of Halliburton in a research report on Monday, September 10th. They issued a “buy” rating and a $45.00 target price on the stock. Guggenheim set a $50.00 target price on shares of Halliburton and gave the stock a “buy” rating in a research report on Wednesday, October 24th. Bank of America assumed coverage on shares of Halliburton in a research report on Wednesday, October 17th. They issued a “buy” rating on the stock. Stephens assumed coverage on shares of Halliburton in a research report on Friday, October 12th. They issued an “overweight” rating on the stock. Finally, Societe Generale set a $42.00 target price on shares of Halliburton and gave the stock a “hold” rating in a research report on Monday, October 22nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the stock. Halliburton presently has a consensus rating of “Buy” and a consensus target price of $50.16....
December 27, 2018
By Ethel Jiang
Millennial investors (click here) were fascinated with weed and tech stocks in 2018, according to data gathered by Markets Insider from the no-free trading app Robinhood.
For the 4 million Robinhood traders, a large portion of which are millennials (22 to 37 years old), marijuana companies become their darlings this year. Three pot stocks, Cronos (+141,688, up 609%), Canopy Growth (+128,699, up 374%), and Aurora Cannabis(+88,889, up 1,057%) saw the biggest increases of ownership on the app. Markets Insider tracked data from March 22 through December 20.
Younger traders' enthusiasm for the cannabis companies came as the industry grew at a fast and furious pace. In the second half of the year, a number of beverage and tobacco companies, such as Constellation Brand and Altria, announced investments in cannabis producers, causing a "green rush" into the industry. Also fueling interest in the space were Canada and Michigan legalizing recreational use of the drug....
Michigan did not legalize recreational marijuana. Michigan decriminalized the possession of the drug for those that have a medical marijuana card. Those using medical marijuana can now grow the plants in their own homes, but, they are prohibited from selling it.
The Michigan law simply decriminalizes medical marijuana. It does not go as far as Canada's law that has decriminalized all aspect of the marijuana business and usage.
There are dispensaries in Michigan. (click here)
December 26, 2018
By Ben Kesslen and AP
American comedian (click here) and actress Roseanne Barr participates in a StandWithUs event in California on February 27, 2016.
Former television (click here) star Roseanne Barr says she will travel to Israel in January to learn more about Jewish history and address the country's parliament.
Barr's longtime friend, Rabbi Shmuley Boteach, first announced her plans this week on social media. Boteach's pro-Israel organization, the World Values Network, said it is sponsoring the trip.
Barr was invited to speak to the Israeli Knesset on Jan. 30 by Deputy Speaker Yehiel Bar, according to the statement, just before the country's next elections in April....
The Israeli right wing now has its own warmongering faction. Israel is contained and I am sure it is very frustrating for the Israeli military. Russia is in Syria, Egypt is seeking a two-country solution to the unrest between Israel and Palestine and the IDF simply hates every bit of it. I suppose the Isreali people need to hear the extremism from the military itself to bring peace to their country.
I find The West's embrace of Jerusalem as the capital of Israel destabilizing to any sincere peace agreement. Jerusalem is an international city for religious pilgrims of many faiths. It is too inflammatory to have the city assigned the capital of Israel or Palestine.
How can pilgrims to Jerusalem if the city is chronically the focus of unrest and war? The idea is ridiculous.
Palestinians and Israel at odds over Al-Quds (Jerusalem) (click here for peace talks timeline)
Russia entered Syria in a real way to end any ideological expansionist ambitions of the Israeli right wing. Unfortunately, Russia is not carrying a peace agenda for the region. Iran is engaged in it's own expansionist agenda, including Yemen. Iran used the fight against Daesh to redefine it's ambitions for the Shia Crescent.
I sincerely believe Yemen is the proxy war between the Shia and Sunnis. I do not expect any peace for Yemen soon. The tensions in the Middle East has to be resolved before Yemen will begin to see a peace initiative. The ideology is cemented in two countries, Saudi Arabia and Iran.
Saudi Arabia embodies the Custodian of the Two Holy Mosques within the authority of the King. To his credit, King Salman is reviewing his government since the gruesome murder of Jamal Khashoggi. He is making changes. Hopefully, he will make changes to encourage peace and not further war between the two branches of the Muslim faith.
The ideology of Jihad has to end in the Middle East. Civilization demands dialogue and not deaths to end disagreements between nations of people. The world should be demanding peace in Yemen as it is taking on the characters of Syria with more than ample human rights abuses.
December 27, 2018
By Alexander Fulbright
Former IDF chief of staff Benny Gantz (click here) registers his new political party, officially marking his entry to politics ahead of early Knesset elections in April 2019.
The Hebrew name for the party is Hosen Leyisrael and will be called Israel Resilience Party in English.
A number of recent polls have put a Gantz-led party in second place behind Prime Minister Benjamin Netanyahu’s Likud, albeit well behind in projected seat total. The surveys have also predicted that the opposition Zionist Union or Yesh Atid parties could prevent a challenge to Likud if Gantz were to join one of them.
Gantz, who served as chief of staff from 2011 to 2015, has largely maintained radio silence on his political views.
December 27, 2018
