It’s another up-and-down day as investors try to weigh what seems to be a strong U.S. economy and weakening global economy. This of course, makes it tough to bid up stocks to new highs, but at the same time, it’s hard to sell U.S. equities when it’s the best house in the neighb
Shares of Nevsun Resources (NYSEMKT:NSU) declined sharply, after the Q4 2016 earnings release. On Friday, shortly after the markets opened, Nevsun’s shares hit a low at $2.34. It is just shy of the multi-year low of $2.27, reached in January 2016. The share price managed to recover slightly and it closed at $2.72, which is close to the support level created during October 2016. Despite the....More>>>
On Wednesday, the US Department of Commerce announced an investigation into whether the present quantity and circumstances of uranium ore and product imports into the United States threaten to impair national security a move the bodes well for uranium prices and even up-and-coming players like small cap Azincourt Energy Corp (TSX-V: AAZ; OTCMKTS: AZURF).
Source: ThinkstockFebruary 21, 2018: The S&P 500 closed down 0.6% at 2,701.33. The DJIA closed down 0.7% at 24,797.78. Separately, the Nasdaq was down 0.2% at 7,218.23.
Wednesday started out as a positive day for the U.S. markets, however everything turned south right before closing. All three major indexes closed down but the Nasdaq was almostlucky enough to escape the end of the day....More>>>
In the world’s largest ride-hailing market, Uber isn’t even in the picture.
The ride-hailing industry in China is already worth $30 billion, more than the rest of the world combined, according to a new report from consulting firm Bain & Company. And it could more than double in size by 2020.
“Any large Chinese city is equal to a small country” when it....More>>>
In 1956, geologist M. King Hubbert came up with what seemed to be an accurate prediction of “peak oil”, a theory regarding the maxing out of U.S. oil production that goes back to 1919, using statistical modeling. Hubbert projected that U.S. oil production would peak between 1965 and 1971.
With the onset of the 1973 Arab Oil Embargo and ensuing energy crisis, Hubbert’s theory....More>>>
The last few weeks have been tough for Freeport-McMoRan (NYSE:FCX). The Phoenix, Arizona – based metals and energy company has seen its stock sink almost 20% over the last four weeks. The slump was driven in large part by two factors – weakness in commodity prices and sale of a major energy asset for cash. But investors shouldn’t panic.
CROWN CASTLE IN/SH SH (NYSE:CCI) will be releasing its earnings data after the market closes on Wednesday, April 17th. Analysts expect CROWN CASTLE IN/SH SH to post earnings of $1.37 per share for the quarter. CROWN CASTLE IN/SH SH has set its FY 2019 guidance at $5.79-5.89 EPS and its FY19 gu
This article is about Domino’s Pizza (DPZ) and why it's a great buy for the total return investor that also wants some dividend income. Domino’s Pizza is one of the largest fast food companies in the United States and foreign countries.
Wentworth Resources (LON:WEN) had its price target cut by Peel Hunt from GBX 44 ($0.57) to GBX 42 ($0.55) in a report released on Monday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s target price would indicate a potential upside of 82.61% from the comp