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Natural Gas Prices Continue To Climb Despite Hurricane Matthew Downgrade
Monday, October 10, 2016 - 3:07pm | 494Natural gas prices are on a tear, following up on last week's strong advance. Prices have been higher for five straight sessions and are now at their highest level in about 22 months. The front-month natural gas futures are currently at $3.265 per million British thermal units on the NYMEX. This...
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Hurricanes And Power Outages Unlikely To Stop Rising Natural Gas Prices
Saturday, October 8, 2016 - 4:39pm | 430Johnson Rice analyst John Rowan doesn’t believe Hurricane Matthew will have any lasting impact on natural gas prices, which have been on fire since bottoming back in March. On Friday, Rowan told Benzinga that he’s as bullish as ever on gas prices in the wake of Matthew. Rowan explained...
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The Hurricane Matthew Disaster Play Selloff
Friday, October 7, 2016 - 2:12pm | 383The Hurricane Matthew disaster trade is giving up some of this week’s gains on Friday, as it appears as if Florida has avoided the worst-case scenario. Rather than a direct hit on the coastline, Matthew’s eye has so far stayed between 30 and 50 miles off the shore, as the storm works...
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This Florida Insurance Stock Is Ripping Higher
Friday, October 7, 2016 - 10:57am | 364Shares of Florida residential homeowners' insurance company Universal Insurance Holdings, Inc. (NYSE: UVE) are rebounding in a big way in early Friday trading, up 17.3 percent. Prior to Friday’s surge, Universal Insurance shares had plummeted 22.6 percent this week on fears about the impact...
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Hurricane Matthew Could Disrupt Southeast Travel Plans For Weeks
Friday, October 7, 2016 - 9:59am | 587Major U.S. airlines have now cancelled at least 3,785 flights through Saturday due to Hurricane Matthew. The storm is currently hammering the east coast of Florida. Although it has been dropped from a Category 4 to a Category 3 storm, Cape Canaveral has reported wind gusts of up to 107 mph. Of...
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Worried About Florida Theme Parks' Exposure To Matthew? Here's Your Cheat Sheet
Thursday, October 6, 2016 - 3:21pm | 774Hurricane Matthew is threatening to be a bigger issue than previously forecast. In fact, Florida's northern coast could witness a never-before-seen scene if the current weather predictions come to fruition. Storms And Stocks Whenever any tropical storm threatens the mainland, airlines and...
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With Hurricane Matthew Picking Up Steam, Investors Are Piling Into This Generator Stock
Thursday, October 6, 2016 - 1:18pm | 268While residents in Florida are hoping for the best and bracing for the worst from Hurricane Matthew, traders are scrambling to position their portfolios ahead of what could be a historic storm. Matthew was upgraded to a Category 4 hurricane on Thursday and is expected to make landfall somewhere...
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Should Disney Investors Be Concerned About Hurricane Matthew?
Thursday, October 6, 2016 - 11:05am | 360Florida residents are bracing for the landfall of Hurricane Matthew on Thursday and Friday. While Floridians are preparing for the potentially devastating winds and rain from the strongest Florida hurricane in years, Walt Disney Co (NYSE: DIS) shareholders are preparing for potential damage to...