© Reuters. By Yasin Ebrahim Investing.com – The Nasdaq surged Friday after hitting an intraday all-time high, as unexpected job gains raised hopes for an economic comeback and prompted investors to raise their bets on big tech. The surged 2.25% to a record high intraday, closing just below its previous all-timeRead More →
Investment Thesis: The Chemours Company (NYSE: CC) saw a price drop from $58.08 in October 24, 2017 to a current price of $15.75, which represents about a 70% price decline. That leaves the stock, which pays an annual $1 dividend, with a very respectable dividend yield of 6.35%. 6.35% isRead More →
Usually, I love the summer. As a college professor and department chair, normally I’m done teaching by June, and my time is taken up by scholarly and administrative duties: Doing research, advising doctoral students, staffing classes for the fall. As a professional musician, I also typically take advantage of theRead More →
© Reuters. The Kirin logo is displayed at Kirin Brewery Co. Yokohama Factory in Yokohama TOKYO (Reuters) – Japanese beverage maker Kirin Holding Co (T:) on Friday said it had ordered an outside investigation of two Myanmar beer ventures it operates with a company linked to senior figures in theRead More →
On June 3rd, 2020, we listed the Global X Emerging Markets Bond ETF (EMBD) on NYSE Arca. EMBD is an actively managed fund sub-advised by Mirae Asset Global Investments that seeks a high level of total return consisting of both income and capital appreciation by investing in emerging market debt.Read More →
Dear Moneyist, I have an estranged husband, and we have been living separately for years. He has been filing taxes jointly without my knowledge AND now he has received my stimulus money AND my kids’ stimulus money. I can’t hire an attorney because I’m poor, and I live in aRead More →
© Reuters. By Gina Lee Investing.com – Asian stocks were mixed on Friday morning, with a months-long rally starting to fizzle out. “We had stocks make a miraculous recovery from their March 23 lows and so it makes sense that we’re unlikely to see the rally continue at the paceRead More →
Investment Thesis Summary Founded in 1970, Canacol Energy (OTCQX:CNNEF) is a Canadian company engaged in the exploration and production of oil and gas focused onshore in Colombia and Ecuador. The company has become an industry-leading natural gas supplier to the Caribbean Coast. Canacol is a key component of regional demand,Read More →
Slack Technologies Inc. revenue topped $200 million in a quarter for the first time, but the stock still sank hard in the extended session Thursday afternoon after closing at record highs in recent days. Slack reported a loss of $74.4 million, or 13 cents a share, on revenue of $201.7Read More →
© Reuters. By Yasin Ebrahim Investing.com – The Dow swung between gains and losses on Thursday, as hopes the labor market had turned corner were thrown into doubt following mixed economic data. But that did little to cool reopening optimism as cyclical stocks held firm. The fell 0.26%, or 67Read More →
KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Q1 2020 Earnings Conference Call June 4, 2020 9:00 AM ET Company Participants Ryan Tyler – VP, Corporate Development, Financial Planning and Analysis Thomas P. McCaffrey – President, CEO, and CFO Conference Call Participants Unidentified Analyst – Simon Wong – Gabelli & Company OperatorRead More →
In times of crisis, our country has been fortunate to have leaders of quality, among them George Washington, Abraham Lincoln and Franklin Roosevelt. Confronted with war, economic collapse and deep societal divisions, these leaders and others spoke with compassion and foresight. Projecting confidence they may not have felt, they reinforcedRead More →
© Reuters. Oil pours out of a spout from Edwin Drake’s original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania By Matthew Green LONDON (Reuters) – Cheap renewable energy, climate policies and the coronavirus are pushing fossil fuel companies towardsRead More →
The last few weeks haven’t been kind to coffee bulls. Even as other commodities are showing signs of bottoming – with some already trending higher – coffee prices have fallen to their lowest levels since last October. But the java’s fortunes should soon change, however, given the recent uptick inRead More →
The New York Times was facing a sharp backlash from staffers Wednesday after publishing a hawkish op-ed column by Sen. Tom Cotton calling for the military to quell protests across the nation. In a column titled “Send in the troops,” the Arkansas Republican called for “an overwhelming show of forceRead More →
2/2 © Reuters. Protests against the death in Minneapolis police custody of George Floyd, in Minneapolis 2/2 By Sharon Bernstein and Peter Szekely (Reuters) – The American Civil Liberties Union has accused Minnesota law enforcement of wrongly arresting, injuring and harassing journalists covering unrest sparked by the death of GeorgeRead More →
Welcome to the record edition of Natural Gas Daily! Power burn is going to hit a new all-time high this year with the peak being ~3 Bcf/d higher than the previous high (also dependent on how warm the weather gets). At the current pace, we are likely to surpass ~45Read More →
Democratic politician Stacey Abrams, a potential running mate for Joe Biden, called for a different approach to casting ballots this year due to the coronavirus pandemic, as she testified on Wednesday at a House hearing on protecting the right to vote. “One of the challenges facing our nation is aRead More →
© Reuters. The spread of the coronavirus disease (COVID-19) in New York By Shreyashi Sanyal and Devik Jain (Reuters) – A jump in Boeing shares lifted Wall Street on Wednesday, with investors remaining optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest in the country. BoeingRead More →
These images illustrate a slightly bizarre Trisura’s Web style. Source Invest with Insiders Besides envy-causing returns, Brookfield Asset Management (BAM) is known for spawning new entities – be it subsidiaries, subsidiaries of subsidiaries, private equity stubs, funds, or just affiliated companies. BAM always benefits from this activity but sometimes aRead More →
European stocks extended gains for a third day on Wednesday as investors looked past domestic unrest in the U.S., and took inspiration from data indicating more economic strength as global pandemic lock downs unwind. The Stoxx Europe 600 index SXXP, +1.42% rose 1.1% to 363.81, after closing up 1.6% onRead More →
© Reuters. Airplanes of German carrier Lufthansa are parked at the Berlin Schoenefeld airport By Ludwig Burger FRANKFURT (Reuters) – Lufthansa vowed to step up up restructuring measures after posting a first-quarter net loss of 2.1 billion euros ($2.35 billion), days after agreeing a state bail-out amid the fallout fromRead More →
Value stocks, those with low price-to-earnings ratios, have been getting hammered on a relative basis to their more expensive/growth peers in the last several years. 2020 and coronavirus only poured fuel onto the dumpster fire that is value. The first several months of this year featured mega-cap technology growth stocksRead More →
Hope you’re staying healthy, MarketWatchers. Don’t miss these top stories: Personal Finance My son is the only one wearing a mask at his job, while all the executives are working from home — what can he do? ‘Not one person, except him, is wearing a mask.’ Black Americans are twiceRead More →
© Reuters. FILE PHOTO: Unused rental cars fill the Dodger Stadium parking lot as the spread of the coronavirus disease (COVID-19) continues, in Los Angeles By Rachit Vats (Reuters) – The collapse in demand for new vehicles from U.S. rental car fleets hit automakers hard in May, even as consumerRead More →
