The company forecast about C $300 million of excess free cash flow for 2016, if oil prices average $45 per barrel. Funds flow, a measure of Crescent's ability to fund new drilling, fell to C $378 million in the quarter from C $433.6 million, a year earlier. The company posted a net loss of C $87.5 million, or 17 Canadian cents per share, for the first quarter ended March 31,... » Read More
Kristina Hooper, Allianz Global Investors, explains why cash is a bad place to be right now for investors. Equities are the place to be in an environment of financial repression, says Hooper.
ICAEW has published a survey suggesting that UK businesses are sitting on cash surpluses and are less likely to invest until they feel more secure. Stephen Ibbotson, director of business at ICAEW, explains more.
Here are 7 non-financial companies in the Russell 1000 index that have bled through $2 billion or more in free cash flow in 2014.
Staples reported higher-than-expected quarterly sales and profit as demand recovered for core office supplies such as paper and ink products.
Sam Le Cornu, Senior Portfolio Manager at Macquarie comments on China markets and property plays.
Ben Collett, Head of Asian Equities at Sunrise Brokers, explains the factors behind the weak market debut of Japan Display.
David Garrity, Principal at GVA Research comments on Oracle's outlook and why he prefers Microsoft instead.
Stephen Wood, Portfolio Manager, Australian Small Companies Fund at UBS, explains why he's positive on gold miners and Domino's.
Tim Farrar, Analyst at TMF Associates, explains why he thinks Softbank CEO Masayoshi Son may face obstacles in his plan to shake things up for the telecommunications industry in the U.S.
Mark Konyn, CEO of Cathay Conning Asset Management, says the technology sector may receive a leg up from China's reforms and advancements in emerging markets which could lead to increased capex spending.
Jeremy Hill, Principal & Chief Market Strategist at Affinity Investment Advisors, explains why he think there is no reason for the Fed to pause tapering.
Mohammed Apabhai, Head of Asia Pacific Trading Strategies at Citi, says China wants to make small, rather than drastic changes, to its policies.
Dipen Sheth, Head of Institutional Research at HDFC Securities, discusses India's outlook after January consumer price inflation slows to its lowest level in two years.
Ben Collett, Head of Asian Equities at Sunrise Brokers, explains why he doesn't mind taking the 3-4% losses while buying into any weakness in China.
Investors in Asia seemed to shrug off China's stronger-than-expected growth domestic product data. CNBC's Eunice Yoon describes some of the headwinds that may be weighing on sentiment.
Atul Goyal, Senior Analyst at Jefferies, compares two of the biggest companies in movie industry, and explains why Disney is faring better in United States.
Nick Verdi, Director, FX Strategy Asia Pacific ex-Japan at Barclays, explains why he still likes being short on the Aussie, and explains why Asian currencies are very sensitive to U.S. treasury yields.
Mikihiko Yamato, Deputy Head of Research at Ji Asia, talks about Fast Retailing's recent expansion into U.S. markets, and explains why they will enjoy this adventure.
Aadil Ebrahim, Managing Director at Bowen Asia says investors have usually priced in political volatility when investing in Thailand.
David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says even though interest rates are still low, it's safer to say cautious and selective in the stock market.