London, X0, based Investment company USS Investment Management Ltd buys Manulife Financial Corp, Edison International, Baidu Inc, Union Pacific Corp, Citigroup Inc, Pioneer Natural Resources Co, America Movil SAB de CV, Allstate Corp, Vale SA, Ctrip.com International, sells JPMorgan Chase, Halliburton Co, NetEase Inc, Duke Energy Corp, PPL Corp during the 3-months ended 2017-09-30, according to....More>>>
Dollar stores, selling a variety of inexpensive household goods, have been solid growth stories over the past decade, observes Doug Gerlach, editor of Small Cap Informer.
Recently these companies have come under pressure, in part due to rising costs for healthcare and rent. But for the long-term, these stores appeal to millennials, who want to spend less on essentials from soap to paper....More>>>
Elon Musk is making good on his promise to help solve an energy crisis in Australia.
Tesla (TSLA) has “fully installed” the world’s largest lithium ion battery in South Australia, the state government said in a statement on Thursday.
Tesla teamed up with a French renewable energy firm and the local government to install the battery, which Musk promised to deliver....More>>>
President Trump is angering US citrus farmers.
He’s decided to allow lemons to be imported from Argentina — one of the biggest lemon producers in the world — for the first time in 16 years.
The ban on Argentinian lemons lifts on Friday.
It was put in place after US lemon growers and scientists pointed out that Argentine lemons carried diseases which....More>>>
September 13, 2017: Markets opened mixed Wednesday and none of the major indexes has strayed far from the break-even line with less than an hour to go until the closing bell. The producer price index rose by 0.2%, a little less than expected. Among the sectors, energy has posted the largest gain following the report on U.S. inventories while real estate and healthcare lagged. WTI crude oil for October....More>>>
Billionaire investor Warren Buffett is getting richer by the minute.
That’s because the Oracle of Omaha’s company Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) has a portfolio full of dividend-yielding stocks.
Represented are Wells Fargo & Co. (NYSE: WFC), Coca-Cola Co. (NYSE: KO), and Kraft Heinz Co. (Nasdaq: KHC), just to name a few.
The Berkshire portfolio....More>>>
The prime beneficiary of the Organization of Petroleum Exporting Countries decision to cut production are domestic producers in the Permian Basin. One such firm is WPX Energy (NYSE:WPX) that made a risky acquisition in the area back in 2015 that is starting to pay off big time.
The stock is up over 25% today to new multi-year highs. Other stocks focused on the area are at new all-time highs....More>>>
Mid cap electronic manufacturing services (EMS) stock Jabil Circuit, Inc (NYSE: JBL), whos biggest customer would be Apple Inc (NASDAQ: AAPL), reported preliminary, unaudited financial results fiscal Q3 2017 earnings along with guidance that beat expectations. Net revenue was $4,490 million versus $4,311 million asDiversified Manufacturing revenue increased 14% whileElectronics Manufacturing revenue....More>>>
Activist investor and billionaire George Soros
A couple weeks ago we told you how Warren Buffett has enjoyed a $12.3 billion gain from the markets since the election.
Then there’s George Soros.
You see, the hedge fund activist investor bet against the “Trump Rally.”
And – as Soros does – he bet big…
How Much George Soros....More>>>
Paladin Energy (OTCPK:PALAF, OTCPK:PALAY) used to be one of the market darlings to gain exposure to uranium, and when the uranium prices were shooting through the roof in 2007, Paladin’s share price reached C$10. A lot has happened since then, and the uranium market has pretty much collapsed. Paladin sold its uranium on the spot market, and has thus been unable to benefit....More>>>
Oil futures ended a four-day string of gains Thursday, with the U.S. benchmark failing to sustain a bounce after data showed a rise in domestic crude-oil inventories.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in February ....More>>>
Facebook stock enters 2017 on a combination of lower expectations and depressed valuations.
Shares of Facebook (NSDQ:FB) are off to a great start in the new year. FB stock is up 8%+ since the turn of the year. In comparison, the stock had gained 9.55% in 2016, outperforming the Nasdaq Composite’s (INDX:COMPX) 6.6% gains. As reported in our last FB post, Facebook stock....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>>>
Welcome to the latest edition of the Energy Recap. This week, after receiving feedback from readers that they’d like to see some weekly data on oil, we’ve included two new charts from the EIA – “U.S. Crude Oil Domestic Production” and “U.S. Crude Oil Refinery Inputs.” Please let us know in the comments section below if these charts are helpful, or if there....More>>>
Perrigos(PRGO)CEO Joseph Papa recently left to become head of Valeant Pharmaceuticals(VRX)this week. Perrigo veteran JohnHendrickson will take over the helm of Perrigo, and time will tell if this is a positive move, according to Jefferies David Steinberg. But he doesnt think investors should wait around to find out.
Steinberg and his team today downgraded Perrigo from....More>>>