(Bloomberg) — US public pension funds are on pace for their deepest financial setback since the Great Recession as turmoil in global markets this year threaten to leave taxpayers and government workers on the hook. Steep stock and bond losses are set to leave state and local pensions this year with enough to cover 77.9% […]
Read MoreCal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land’s Best, Land O’ Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. CALM $53.8500 -0.1500 % -0.2800 […]
Read MoreH World Group Limited (HTHT) H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People’s Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, and many more. InterContinental Hotels Group PLC (IHG) InterContinental Hotels […]
Read MoreBlueLinx Holdings Inc. (BXC) BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. The company distributes specialty products comprising engineered wood, industrial products, cedar, moulding, siding, metal, and insulation products. ON Semiconductor Corporation (ON) ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power […]
Read MoreBuy Price: $9.70 or better Sell Price: TradersPro Sell Signal Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The stocks founds in the One […]
Read MoreIn a rising interest rate environment, with housing demand and loan applications starting to show signs to decline, companies that are closely tied to the health of the housing market tend to be especially sensitive. That includes industries like Wood Products. Housing-related industries proved to be surprising areas of strength in the economy in 2020 […]
Read More(Bloomberg) — Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second straight 75 basis-point hike next week, economists surveyed by Bloomberg said. They expect the Federal Open Market Committee to lift rates by a half percentage point in September, then shift to quarter-point hikes […]
Read More(Bloomberg) — After underestimating the worst inflation outbreak in decades, central banks are now driving their economies headlong toward recession in order to tame prices. The stark outlook is stoking fears that policy makers will end up overreaching as they push ahead with aggressive interest-rate hikes, just as some now concede they overstimulated through the […]
Read More(Bloomberg) — Vale SA’s plan to turn around its copper and nickel-mining unit is taking longer than expected, risking a delay to a possible sale or spinoff of a group the miner says could be worth $40 billion. The world’s second-largest iron producer slashed its annual goal for copper output by 19% as it grapples […]
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