(Bloomberg) — Russia’s controversial Nord Stream 2 gas pipeline is all but dead. At least for now. German Chancellor Olaf Scholz effectively froze the $11-billion link’s approval process by having the Economic Ministry withdraw its assessment that the project doesn’t pose a threat to security of supply. Without that, the operator of the pipeline connecting […]
Read More(Bloomberg) — After watching big banks curtail lending and asset managers pare bets, fossil fuel producers are now losing access to some of Wall Street’s deepest pockets. Blackstone Inc., once a major player in shale patches, is telling clients its private equity arm will no longer invest in the exploration and production of oil and […]
Read MoreArcos Dorados Holdings Inc. operates as a franchisee of McDonald’s restaurants. The company has the exclusive right to own, operate, and grant franchises of McDonald’s restaurants in 20 countries and territories. ARCO $7.1300 0.1900 0 Arcos Dorados Holdings Inc Sector : Retail-Wholesale Industry : Retail – Restaurants Signal Short Term Trend Long Term Trend BUY […]
Read MoreRuth’s Hospitality Group, Inc. (RUTH) Ruth’s Hospitality Group, Inc., together with its subsidiaries, develops, operates, and franchises fine dining restaurants under the Ruth’s Chris Steak House name. The company’s restaurants offer food and beverage products to special occasion diners and frequent customers, as well as business clients. Dine Brands Global, Inc. (DIN) Dine Brands Global, […]
Read More(Bloomberg) — Wall Street strategists, bullish before Russia’s military buildup near Ukraine’s border, are mostly sticking to their view that stock markets can weather Europe’s brewing security crisis. For now at least. After a week of volatility, they say loose financial conditions and growing corporate profits will anchor large-cap indexes amid deteriorating relations between Moscow […]
Read MoreImperial Oil Limited (IMO) Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. It operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2020, this segment had 138 million oil-equivalent barrels […]
Read MoreThere are any number of dynamics that come to play in the markets at any given time, which means that the ebb and flow of a nation’s economic health can be tied to a lot of other societal elements, including political and geopolitical shifts, social perceptions and changes, and as we have seen for almost […]
Read MoreBuy Price: $16.20 or better Sell Price: TradersPro Sell Signal Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail segments. The […]
Read MoreEveryone loves their income tax refund and many people depend on the cash to make ends meet. This year, there’s anxiety mixed with that anticipation, according to a survey released Tuesday. Smaller-sized refunds, potential IRS processing delays and diminished purchasing power due to inflation are the three top concerns of people who are expecting a […]
Read More(Bloomberg) — Stocks erased losses as investors bet that markets can recover from the latest imbroglio between the West and Russia over Ukraine, and a flight to havens eased. The Stoxx 600 Index fluctuated after falling as much as 2% earlier. Contracts on the S&P 500 steadied while those on the Nasdaq 100 pointed to […]
Read More(Bloomberg) — Most of the world hates inflation. For Nikhil Choraria and a small band of traders, it’s an opportunity. The Goldman Sachs Group Inc. partner is a leading practitioner of the obscure art of inflation trading, a niche business that’s exploded — very lucratively — for some of the world’s major banks and hedge […]
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