Tuesday morning brought a bit of a letdown for the stock market, as major indexes pulled back from their big gains from before the holiday weekend. As of 11 a.m. EST, the Dow Jones Industrial Average (DJINDICES:^DJI) was down 32 points to 25,851. Elsewhere, the S&P 500 (SNPINDEX:^GSPC) lost
What do Aretha Franklin, Kurt Cobain, and Prince have in common? Besides being famous and talented, they all died without a will. Pretty amazing, given they all had the money and lawyers to draft a proper estate plan, but for one reason or another they didn't draft one. While the size of your es
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.
Checchi Capital Advisers LLC cut its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW) by 12.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,292 shares of the industrial products company’s stock aft
Piedmont Investment Advisors Inc. lessened its position in Marriott International Inc (NASDAQ:MAR) by 43.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,664 shares of the company’s stock after selling 18,704 shares duri
Equities analysts expect Alamos Gold Inc (NYSE:AGI) (TSE:AGI) to post earnings of $0.02 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for Alamos Gold’s earnings, with the lowest EPS estimate coming in at $0.01 and the hi
Analysts expect MarineMax Inc (NYSE:HZO) to post $289.60 million in sales for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for MarineMax’s earnings. The lowest sales estimate is $284.80 million and the highest is $293.10 million. MarineMax poste