(Bloomberg) — Mortgage rates in the U.S. dipped for the first time in a month. The average for a 30-year loan was 3.55%, down from 3.56% the prior week, Freddie Mac said in a statement Thursday. The dip may reassure homeowners there’s still opportunity to save money by refinancing. Still, borrowing costs are expected to […]
Read More(Bloomberg) — The latest hurdle to shipping goods in a world gripped by pandemic-driven supply chain disruptions is a shortage of cardboard boxes, according to one of the world’s biggest makers of the material. The supply chain is “very stretched” and making and shipping high-demand packing materials to customers is expected to remain tough in […]
Read More(Bloomberg) –Federal Reserve Chairman Jerome Powell fired the starting gun for potentially the biggest and fastest tightening of global monetary policy in years. His hawkish shift included not ruling out U.S. rate hikes at every meeting for the rest of 2022. Over the next week, about a half dozen other central banks, including the Bank […]
Read More(Bloomberg) — Kim Kardashian’s underwear label Skims doubled its valuation to $3.2 billion from nine months ago, as investors pour money into emerging brands expected to take market share. The $240 million financing round was led by hedge fund Lone Pine Capital and joined by investment firm D1 Capital Partners, Skims Chief Executive Officer Jens […]
Read More(Bloomberg) — China’s equity benchmark slid into a bear market while the yuan tumbled the most in seven months, as the Federal Reserve’s hawkish comments added to investor concerns over the nation’s regulatory headwinds. The CSI 300 Index closed 2% lower on Thursday, taking losses from a peak in February to more than 20%. The […]
Read MoreTurquoise Hill Resources Ltd. (TRQ) Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It develops and operates the Oyu Tolgoi copper-gold mine located in Southern Mongolia. BHP Group (BBL) BHP Group engages in the natural resources business in Australia, Europe, China, […]
Read MoreVAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. EGY $4.1500 0.0200 % 0.4800 Vaalco Energy Inc Sector : Oils-Energy Industry : Signal […]
Read MoreCVR Partners, LP (UAN) CVR Partners, LP, together with its subsidiaries, produces and distributes nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers. Oasis Petroleum Inc. (OAS) Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and […]
Read MoreFiguratively speaking, starting a new year generally means not only turning the page, but also closing the book on the year before. From a practical standpoint, as investors that can be a little bit difficult, because the questions that have to be answered about the past year include not only profit and loss, but also […]
Read MoreBuy Price: $29.00 or better Sell Price: TradersPro Sell Signal Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels under […]
Read More(Bloomberg) — Oil palm planters in Malaysia are confronting a hard truth — behind the red-hot rally in prices are thousands of jobs that nobody wants. While high prices typically encourage planting and production of crops, output in No. 2 grower Malaysia slumped to a five-year low last year and planters say the main reason […]
Read More(Bloomberg) — A lifeless BlackRock Inc. ETF with barely any day-to-day inflows over the past 15 years just got a $3.7 billion allocation in one go. Launched in 2007, the iShares MSCI Kokusai exchange-traded fund (ticker TOK) has until now failed to generate much investor interest in its mission to bid up large and mid-cap […]
Read More(Bloomberg) — The firebreak between mounting economic threats and a continuation in the global recovery: an imposing concrete and glass structure in the heart of Beijing’s financial district, elephant statues guarding the door, the Chinese flag flying above. That’s the headquarters of the People’s Bank of China which, in contrast with the U.S. Federal Reserve, […]
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