U.S. stocks treaded water on Thursday after losing 3% in the past two sessions on data that pointed to the risk of a slide into recession, with investor attention now squarely on services data.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we’ll… …read more […]
Oil slipped toward $57 a barrel on Thursday, pressured by concerns about weakening global economic growth and oil demand, as well as by signs of excess supply despite OPEC-led cuts.
Cryptocurrency custodian BitGo has ventured into the staking space, supporting two tokens initially – Dash (DASH) and Algorand (ALGO). The new service means BitGo’s clients can now stake the two tokens and earn passive income in the range of 7-13% p.a., according to a press release shared with The Block on Thursday.The post BitGo enters into staking space, offering up to 13% annual returns appeared first on The Block. …read more […]
(Bloomberg) — Goldman Sachs Group Inc.’s bets on four companies delighted investors a quarter ago. This time around, they’re inflicting about $260 million of pain.Those losses are driven by investments made for its own account in Uber Technologies Inc. and Avantor Inc., which both slumped in the third quarter. The ride-hailing company has seen a third of its market value erased after a woeful public-market debut, while Avantor lost 23% in the same period. That led to hits of more than $100 million each for Goldman.Goldman was barred from selling its holdings in the companies immediately after they went public, …read more […]
The U.S. decision to impose tariffs on French wines will penalize American consumers, the French wine exporters’ federation said on Thursday.
U.S. regulators approved Kinder Morgan’s request to start production of liquefied natural gas at the first plant of its new export facility, a year after it had been originally due to begin operations, filings showed this week. It is also quite unusual among U.S. facilities, employing modular technology to build much smaller “trains,” or plants, than its peers at 0.3 million tonnes a year (mtpa) capacity compared to around 5 mtpa for other U.S. trains. The Federal Energy Regulatory Commission (FERC) approved its request to “commence service for liquefaction and export activities” at the first train in a …read more […]
Some of the world’s best investors stick to dividend portfolios. They know that a steady stream of income is a top wealth building strategy. And finding the best deals is vital. So today, we’re going to review another one of the best dividend stocks around. Let’s take a look at 3M’s dividend history and safety…
Business Overview and Highlights
3M (NYSE: MMM) is a $90 billion business based out of Minnesota. The diversified manufacturing business employs 93,000 people. Last year 3M pulled in $33 billion in sales and that works out to $352,000 per employee.
The company operates within the industrial sector and …read more […]
Today we’ll evaluate J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) to determine whether it could have potential as… …read more […]
The number of Americans filing applications for unemployment benefits rose marginally last week, suggesting the labor market remains strong even as employers are becoming more cautious about hiring workers.
Today we’ll look at Texas Instruments Incorporated (NASDAQ:TXN) and reflect on its potential as an investment. In… …read more […]
BlackRock Inc has teamed up with Mastercard Inc , United Parcel Service Inc and Etsy Inc among other organizations, to build and test tools to help individuals start saving for emergencies.
Wall Street’s main indexes were set to open slightly higher on Thursday after losing 3% in the past two sessions after data pointed to the risk of a slide into recession, with investor attention now squarely on services data due later in the day.
Brazilian planemaker Embraer has delayed its expected timeline for the closing of a major deal with Boeing to early 2020, according to a securities filing on Thursday.
World stocks hovered near four-week lows on Thursday and yields on major benchmark bonds slipped after Washington moved to impose new tariffs on European goods, fuelling fears about global growth and dousing risk appetite.
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