(Bloomberg) — From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels. More than 1 […]
Read More(Bloomberg) — Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fortune. Cascade Investment unloaded roughly 12% of its shares in the Montreal-based company from April 27 to May 12, leaving it with a stake of […]
Read MoreSabine Royalty Trust holds royalty and mineral interests in various producing oil and gas properties in the United States. The company’s royalty and mineral interests include landowner’s royalties, overriding royalty interests, minerals, production payments, and other similar non-participatory interest in certain producing and proved undeveloped oil and gas properties. SBR $65.7900 0.9800 % 1.5100 Sabine […]
Read MoreClick the symbol for the chart and signal United States Oil Fund, LP (USO) The United States Oil Fund, LP (USO) is an exchange traded fund organized as a limited partnership, that issues shares that trade on the NYSE Arca stock exchange (NYSE Arca). USO’s investment objective is to track a benchmark of short-term oil […]
Read MoreUnum Group (UNM) Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. Kellogg Company (K) Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company […]
Read MoreBuy Price: $14.30 or better Sell Price: TradersPro Sell Signal Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The stocks founds in the One Hot Stock category […]
Read More(Bloomberg) — Cliff Asness knows only too well the pain from an extended period of underperformance. Yet that’s not stopping the quant pioneer from taking Cathie Wood’s ARK Investment Management to task for its defense of the firm’s embattled exchange-traded funds. Caught in the sweeping selloff of expensive tech shares, ARK products have been hammered, […]
Read MoreTraditional, growth-oriented investing puts most of its emphasis on stocks that have already started moving up. That makes sense when you consider the popular technical idiom that a “stock tends to follow the direction of its next longer trend.” It means that when you can clearly see a stock going up, it should continue to […]
Read More(Bloomberg) — Elon Musk caused chaos over his takeover bid for Twitter Inc, first claiming his bid was was “temporarily on hold,” then maintained he is “still committed” to the deal, sending the social media giant into a tailspin. The billionaire initially sent an early tweet saying the $44 billion deal is pending until he […]
Read More(Bloomberg) — Money is leaving every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to Bank of America Corp. strategists. Equities, bonds, cash and gold all saw outflows in the week ended May 11, strategists led by Michael Hartnett wrote in a note, citing EPFR Global […]
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