&l;p&g;Oil cartel OPEC just about managed to keep all of its members onside and attempted to convince the wider market it was bringing more crude barrels to the market, following the conclusion of its latest ministers&s; meeting in Vienna, Austria on Friday (June 22).
Back in November 2016, OPEC initiated its &l;a href=&q;http://www.forbes.com/sites/gauravsharma/2016/11/30/despite-opecs-output-cut-oil-market-rebalancing-has-some-distance-to-run/&q;....More>>>
Total’s (NYSE:TOT) main business today may be oil and gas, but it’s making aggressive moves to become a leader in renewable energy as well. Late last week, CEO Patrick Pouyanne said Total was ready to build 10,000 megawatts (MW) of solar power plants in France, enough to power 1.64 million homes, over the next 10 years.
If it follows through on that plan, Total will become one....More>>>
Clairvest Group (OTC:CVTGF) (TSE: “CVG”) was founded in 1987, based out of Toronto. It is a private equity management firm that is managing about $1.7 Billion (all dollars in Canadian unless otherwise mentioned). It is one of the four major publicly listed diversified private equity firms operating out of Canada; the others being Alaris Royalty (OTC:ALARF), Onex Corporation (OTCPK:ONEXF)....More>>>
This week, I officially jumped back into the marketplace. It feels like it has been a while and finding great stocks at a value has been difficult (which is part of the reason why Lanny’s portfolio has sky-rocketed over the last few months). If you have been following the blog over the last few weeks, or if you read the title to the article before clicking, the stock I purchased this week....More>>>
June 26, 2018: The S&P 500 closed up 0.2% at 2,722.96. The DJIA closed up 0.1% at 24,281.07. Separately, the Nasdaq was up 0.4% at 7,561.63.
Tuesday was a positive day for the broad U.S. markets with each of the major exchanges recovering, if only slightly, from Monday. Crude oil was pushed much higher in the session, retreating over $70. The S&P 500 sectors were split down the middle.....More>>>
&l;p&g;Canada will soon become one of the few countries to legalize adult-use of marijuana for recreational purposes. Consequently, Canadian cannabis stocks have witnessed a surge in their valuation lately. While the investors are optimistic about the upside in these pot stocks, and are anticipating these stocks to follow the strong growth delivered over time by tobacco stocks, such as &l;a href=&q;http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=pm&a;amp;tab=searchtabquotesdark&q;....More>>>
I have sold my shares in my business as part of my plan to retire at 55. I now have to rely on investments alone for income. Selling a business generates money upfront, but then what? I had taken over my own investments from mutual funds in 2009, and I guess that made me lucky rather than good. Since the crash of oil, investing has been a lot less fun and a lot less profitable.
Former Venezuelan oil minister Rafael Ramirez, already accused of corruption by his own country, now faces a lawsuit from a Houston energy firm alleging that it lost almost half a billion dollars over its refusal to pay bribes for contracts.
Harvest Natural Resources Inc. said that because it rebuffed four separate $10 million bribe demands from associates of Ramirez, Venezuela’s power....More>>>
With upward pressure on the pound abating, investors may find more to like in U.K. stocks.
For much of this year, currency appreciation — a drag on the overseas earnings of global stocks that dominate the FTSE 100 Index — has overshadowed the gauge. That burden eased on Friday as the government reported first-quarter growth figures that missed estimates, weakening the case for....More>>>
SAUSALITO, Calif. Maurizio Reggiani, the director of research and development for storied Italian supercar builder Lamborghini, takes in the knife-edge lines of his latest creation, the $275,000 Huracan Performante. He is pleased.
“This car represents so much of what we are,” says Reggiani, who joined CEO Stefano Domenicali for a breakfast interview with USA TODAY Tuesday. “We....More>>>
Energy Storage Agreements (ESAs) will upend the coal generating business. I have been traditionally skeptical of the concept pushed by greenies that wind and solar will replace coal and nuclear fuel, and that all we need are windmills and solar panels for as far as the eye can see. Their biggest challenge is the intermittent nature of their generating footprint vs. the grid’s base load requirements....More>>>
7 Reasons Teslas Stock Should Continue To Appreciate
Tesla (TSLA) reported a wider than expected loss Wednesday after the bell, the biggest in the companys history. Teslas net loss for the quarter amounted to roughly $718 million, a considerable $4.22 cents a share.
Penske Automotive Group (NYSE: PAG) is one of 20 publicly-traded companies in the “Automotive dealers & gasoline service stations” industry, but how does it compare to its peers? We will compare Penske Automotive Group to similar companies based on the strength of its earnings, v
Wall Street brokerages expect Illinois Tool Works (NYSE:ITW) to report $1.96 earnings per share for the current quarter, Zacks reports. Five analysts have issued estimates for Illinois Tool Works’ earnings, with estimates ranging from $1.95 to $1.99. Illinois Tool Works reported earnings pe
Red Rock Resorts Inc (NASDAQ:RRR) was the target of some unusual options trading activity on Thursday. Investors acquired 1,886 put options on the stock. This is an increase of approximately 1,036% compared to the average volume of 166 put options.