(Bloomberg) — Iraq stopped oil production from two southern fields with a combined capacity of almost half a million barrels a day. The shutdowns curtail the ability of OPEC’s second-largest member to pump crude just as Russia’s invasion of Ukraine and tight supplies globally send prices soaring. The operators of Nasiriya and West Qurna-2 have […]
Read More(Bloomberg) — Farmers in Brazil, the world’s top fertilizer importer, are rushing to secure crop nutrients as the Russian attack on Ukraine spreads fears of a global shortage. “Farmers are scared, rushing to buy potash,” said Jose Marcos Magalhaes, president of the Minasul co-operative, Brazil’s second-largest coffee exporter. The rush to ensure crop nutrients in […]
Read More(Bloomberg) — Commodities are heading for a manic start to the week as investors scramble to assess how the West’s latest sanctions on Russia — and an intensifying war in Ukraine — will affect flows of energy, metals and crops. Western nations agreed to sweeping new curbs that will penalize Russia’s central bank and exclude […]
Read More(Bloomberg) — European natural gas prices halted a record-breaking rally after Russia boosted flows to the continent and U.S. sanctions targeting Moscow excluded the energy sector. Benchmark futures fell as much as 33%, after four consecutive days of gains. On Thursday, prices jumped 51%, the most since at least 2005, amid uncertainty over how Russia’s […]
Read MoreAlpha Metallurgical Resources, Inc. (AMR) Alpha Metallurgical Resources, Inc. operates as a mining company. It produces, processes, and sells met coal and thermal coal in Virginia and West Virginia. It operates through two segments, Met and CAPP-Thermal. The Met segments operates five active mines and two preparation plants in Virginia; and seventeen active mines and […]
Read MoreEnerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. ERF $12.2400 0.3000 % 2.5100 Enerplus Corp Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 2.51% Wk: 2.43% Mo: 10.87% Yrly: 152.89% YTD: 15.69% […]
Read More(Bloomberg) — Gold mining stocks that have lagged bullion gains over the past year are set to move higher as the industry steps up dividends and buybacks, according to Agnico Eagle Mines Ltd. Executive Chairman Sean Boyd. Prices of gold, a traditional haven investment, are starting to rally as geopolitical tensions such as Russia’s invasion […]
Read More(Bloomberg) — Russia still has about $300 billion of foreign currency held offshore — enough to disrupt money markets if it’s frozen by sanctions or moved suddenly to avoid them. That’s according to Credit Suisse Group AG strategist Zoltan Pozsar, who parsed data from the Bank of Russia and financial markets to calculate that a […]
Read More(Bloomberg) — Value stocks are catching the eyes of investors seeking safe harbors as the crisis in Ukraine threatens to accelerate inflation and damp growth. This will potentially bring “some violent rotation” among some asset classes and a shakeup within equities, according to Ronald Temple, co-head of multi-asset at Lazard Asset Management in New York. […]
Read More(Bloomberg) — UBS Group AG triggered margin calls on some wealth management clients that use Russian bonds as collateral for their portfolios after marking down the value of debt issued by the country and its corporations. The Swiss wealth manager is calling on some investors to add either cash or securities to their portfolio after […]
Read More(Bloomberg) — For equity markets, rising inflation was already a big concern. Russia’s attack on Ukraine means those worries just got a whole lot bigger. Vladimir Putin’s move to invade his neighbor led to a surge in the price of everything from oil and food to natural gas and aluminum, spikes that could choke economic […]
Read MoreCentury Casinos, Inc. operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. As of March 12, 2021, it operated four ship-based casinos. CNTY $11.8600 -0.0100 % -0.0800 Century Casinos IN Sector : Consumer Discretionary Industry : Gaming Signal Short […]
Read MoreCorcept Therapeutics Incorporated (CORT) Corcept Therapeutics Incorporated discovers, develops, and commercializes drugs for the treatment of severe metabolic, oncologic, and neuropsychiatric disorders in the United States. The company offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism. Acer Therapeutics Inc. (ACER) Acer Therapeutics Inc., a pharmaceutical company, […]
Read More(Bloomberg) — Banks are taking precedence for President Vladimir Putin as Russia devises a domestic response to sanctions rolled out by western governments over the invasion of Ukraine. Russian state aid will initially focus on assisting lenders hit with penalties, according to two people who attended a closed meeting with Putin to address the impact […]
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