March 2017 Blizzard Grounds Flights

March 2017 Blizzard Grounds Flights

U.S. airlines have cancelled over 7K flights over the last two days due to snowstorms, according to data from FlightAware. On top of a monster storm hitting cities on the East Coast such as New York City, Washington D.C. and Philadelphia  – Chicago is forecast...

Halliburton To Make Major Purchase

Where have I seen this before? If you have not heard by now, Halliburton (NYSE:HAL) is reportedly close to reaching a deal to acquire Norwegian oil services company Aker Solutions or its key subsea unit. This would be a sizable purchase. Now I know what it reminds me...

S&P 500 and Dow Jones Industrial Make Changes

The S&P and  Dow Jones Indices have made adjustments to the market cap definitions of its indexes that have resulted in some ticker shuffling. Effective today, the S&P 500 has a market cap guideline of $6.1B or greater (up from a previous $5.3B). In addition,...

Oil and Energy Company Leaders Fear Market

 “Efficiency” is being stressed this week by oil company leaders. They worry about how too much of a good thing could turn out bad. What were are talking about is too much production. From Exxon Mobil’s (NYSE:XOM) Darren Woods to Statoil’s...
What is the Alternative Minimum Tax?

What is the Alternative Minimum Tax?

What is the Alternative Minimum Tax? Well, the alternative minimum tax, commonly referred to as the AMT, has its own set of rates (26% and 28%) and requires a separate computation that could substantially boost your tax bill. Basically, it’s the difference...