Year: 2019

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RF Capital Bets On Garrett Motion, Trims Position in Joint Corp

November 13, 2019 admin Comments Off on RF Capital Bets On Garrett Motion, Trims Position in Joint Corp

RF Capital Management released its 2019 Q3 investor letter – you can download a copy here. The investment management company reported a 6.98% decline in its quarterly returns. On the other hand, the S&P 500 index returned 1.7%, bringing its year-to-date return to 20.6%. Insider Monkey follows corporate insiders and hedge funds to identify profitable investment ideas in advance. In addition […] …read more […]

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UPDATE 1-African swine fever in China more severe than previously thought – ADM CFO

November 13, 2019 admin Comments Off on UPDATE 1-African swine fever in China more severe than previously thought – ADM CFO

China’s African swine fever outbreak is far more severe than previously thought and the full impact of the disease on animal feed producers has yet to be realized, U.S. agribusiness company Archer Daniels Midland Co said on Wednesday. The fatal pig disease has slashed China’s hog herd by as much as half since August 2018 and has already lifted margins for processing soybeans into animal feed, Ray Young, ADM’s chief financial officer, told the Stephens Nashville Investment Conference. Millions of pigs have died from or been culled to control African swine fever (ASF) in China and other Asian …read more […]

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Fannie-Freddie Might Not Sell Shares Until 2022, Watchdog Says

November 13, 2019 admin Comments Off on Fannie-Freddie Might Not Sell Shares Until 2022, Watchdog Says

(Bloomberg) — Fannie Mae and Freddie Mac’s regulator said the mortgage giants will likely be ready for public offerings by 2021 or 2022, a key step toward their exits from government control.Federal Housing Finance Agency Director Mark Calabria, speaking Wednesday at a housing finance policy conference in Washington, said he expects that his agency will have a rule dictating capital requirements in place before Fannie and Freddie go to market. He said they may face a period where they operate under a consent decree in which they technically exit conservatorship but aren’t free of the government’s grip.“If all goes well, …read more […]

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Conventional Oil and Gas Discoveries Hit 70-Year Lows

November 13, 2019 admin Comments Off on Conventional Oil and Gas Discoveries Hit 70-Year Lows

It would seem that electric vehicles are taking over from internal combustion engine (ICE) vehicles at the right time. Or should I say, just in time?
Whether you invest in oil and gas or drive an ICE vehicle, you should pay close attention to this trend. I’m talking about the big decline in conventional oil and gas discoveries.
Over the last three years, new oil discoveries hit a 70-year low, according to an IHS Markit report. And there is no indication there is going to be any kind of rebound.
The lack of discoveries is a direct result of a pullback in wildcat …read more […]