The U.S. is set to get a bit more possessive about its own oil, sparking a bidding war with eager buyers in the other side of the world.
Asian refiners from China to Taiwan and Thailand have boosted purchases of American crude in recent months because it was increasingly turning cheap relative to supplies from other parts of the globe. They’re now about to face stiffer competition....More>>>
With U.S. oil stockpile inventories at near maximum capacity, one particular subsector of the energy business that looks set to benefit is oil storage. Stockpile inventories have increased over the last several years, driven by record production from shale fields to keep up with demand from a growing economy. Oversupply is a bigger issue in the United States than other countries, with U.S. stockpiles....More>>>
Qualcomm (NASDAQ:QCOM) initially announced its plans to buyDutch chipmaker NXP Semiconductors (NASDAQ:NXPI) in Oct. 2016. Qualcomm wanted to buy NXP, the largest automotive chipmaker in the world, to diversify its business away from the mobile market.
Qualcomm is the top mobile chipmaker in the world, but its chipmaking business is being challenged by cheaper rivals and first party chips....More>>>
The NBA’s two biggest superstars will face off in the NBA Finals again. But the pairing of LeBron James and Steph Curry is not the hottest ticket in sports.
That honor goes to the Stanley Cup Final, which pits the Vegas Golden Knights expansion team against the Washington Capitals. Tickets for the final are the most expensive ever recorded, averaging $1,983 for the series, according....More>>>
HDFC Securities’ research report on Granules India
Driven by fresh capacities in API/PFI and resumption of OTC product supplies for the US partner, revenues grew 42%YoY to Rs 5.0bn in 4QFY18. However, steep price increase in key raw materials (ex. Acetic acetate), unfavorable geographic mix and inventory write off led to sharp fall in EBITDA margin from 18% in 3QFY18 to 8.7% in 4QFY18.....More>>>
Ask 100 investors what their favorite stock is (or maybe their “dream stock”), and there’s a stunningly good chance not one of them will say Sanmina Corp (NASDAQ:SANM). Despite the fact that it’s a $2.1 billion outfit that’s not only been around forever and grown the top and bottom line in most years, it’s just not a riveting stock. Most investors have never even....More>>>
Three years ago, Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google partnered with GoPro (NASDAQ:GPRO) to bring VR videos toYouTube via a platform called Jump. Filmmakers would use the platform to deliver videos from Odyssey, a 16-camera rig co-developed by Google and GoPro, to YouTube.
Many GoPro investors saw the partnership as a catalyst for the company. But GoPro didn’t start....More>>>
A Las Vegas judge will now allow claims against certain members of Wynn Resorts Ltd.’s board to go forward in the long legal battle with ousted director and shareholder Kazuo Okada.
The ruling Monday by Nevada District Court Judge Elizabeth Gonzalez reverses an earlier decision that would have prevented claims against the directors based on their 2012 vote to remove Okada from the....More>>>
In Roku’s (NASDAQ:ROKU) quarterly letter to shareholders, the company highlights the fact that if it were a multichannel video programming distributor (MVPD), or what most people refer to as a cable company, it would be the third largest in the industry. And with 20.8 million active accounts and rapidly growing, it’s only a matter of time before it surpasses the subscriber count of the....More>>>
Manufacturing isn’t the only sector that has sent American jobs overseas over the past decade.
It has also been happening in the service sector. US companies have shipped thousands of call center jobs to countries like India and the Philippines, where labor is cheap and English skills are good enough to answer basic questions from halfway around the world.
While REITs appear to be appropriately valued as a basket, 2018 looks to be an exciting year for selective REIT investment as mispricing is rampant, and there are quite a few REITs that have both cheap valuation and strong fundamentals. Among the handful of REITs with outsized reward to risk, UMH Properties (UMH) stands out as our top pick going into 2018.
Youre probably tired of hearing this, but long horizons and low fees are two of an investors best friends. Sure, everyone wants to get rich quick, but the best route for most of us is to diversify our holdings, control costs and be patient which is exactly why index funds are becoming more popular by the year.
Bottom line: Tim Cook’s latest China trip and his announcement of a new R&D center in Shenzhen are part of a campaign to boost Apple’s (NASDAQ:AAPL) profile and should help to stabilize its sliding position in the market.
Apple CEO Tim Cook just can’t seem to get enough of China, with word that he’s back in the world’s largest smartphone market just two months....More>>>
Inthis articlepublished earlier, we discussed that both the markets, equity and debt, look stretched on valuations. At that point of time, the yield on the 10-year government security was approx 6.5% and the overnight interest rate, represented by the RBI repo rate, was 6.25%. The spread was only 25 basis points between overnight and 10-years. This was an anomaly as per the theory....More>>>
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
New York State Teachers Retirement System lowered its position in shares of Norfolk Southern Corp. (NYSE:NSC) by 0.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 459,109 shares of the railroad operator’s stock aft
EmberCoin (CURRENCY:EMB) traded down 7.7% against the US dollar during the 1 day period ending at 21:00 PM ET on July 12th. EmberCoin has a market cap of $0.00 and approximately $2,405.00 worth of EmberCoin was traded on exchanges in the last 24 hours. Over the last seven days, EmberCoin has trad
U.K. stocks rose on Monday, on track for a record closing high, as traders welcomed news over the weekend that China and the U.S. reached an agreement that eases trade tensions between the worlds two largest economies.
That optimism also sparked a rally in the dollar, which in turn pulled