(Bloomberg) — Former Treasury Secretary Lawrence Summers argued against the Federal Reserve holding back from aggressive monetary tightening, saying that greater economic damage would result from any hesitation. “History records many, many instances when policy adjustments to inflation were excessively delayed and there were very substantial costs to that,” Summers told Bloomberg Television’s “Wall Street […]
Read MoreConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. COP $112.2300 -3.3300 % -2.8800 Conocophillips Sector : Oils-Energy Industry : Oil – […]
Read MoreArdmore Shipping Corporation (ASC) Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. TORM plc (TRMD) TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil […]
Read MoreCorporación América Airports S.A. (CAAP) Corporación América Airports S.A., through its subsidiaries, acquires, develops, and operates airport concessions. It operates 53 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. YPF Sociedad Anónima (YPF) YPF Sociedad Anónima, an energy company, engages in the oil and gas […]
Read MoreBuy Price: $18.65 or better Sell Price: TradersPro Sell Signal Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing. The stocks founds in […]
Read More(Bloomberg) — US stocks haven’t seen the worst of this year’s declines yet against the backdrop of scorching inflation and a hawkish Federal Reserve, according to Bank of America Corp. strategists. The “inflation shock ain’t over” and an earnings recession will likely drive stocks to news lows, strategist Michael Hartnett said in a note. Although […]
Read More(Bloomberg) — Federal Reserve officials will signal a more hawkish stance next week, with interest rates reaching 4% by December and staying high through 2023, economists surveyed by Bloomberg said. The Federal Open Market Committee will raise rates by 75 basis points for a third consecutive meeting when policy makers announce their decision at 2 p.m. […]
Read MoreCisco Systems Inc. (CSCO) is one of the most recognizable and established companies in the Technology sector. With a market cap of more than $188 billion, they are also one of the largest, if not THE largest player in the Networking & Communications segment. CSCO has stood for decades as the standard that all other […]
Read More(Bloomberg) — Equities extended declines on Friday, with an index of global stocks on track for the worst week since June, while a gauge of the dollar soared to a fresh record, reflecting bets for outsize Federal Reserve interest rate hikes. US futures dropped, suggesting the selloff that drove the S&P 500 index to its […]
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