Month: January 2020

Let’s talk about the popular Cisco Systems, Inc. (NASDAQ:CSCO). The company’s shares saw a double-digit share price… …read more […]

JPMorgan Chase & Co. (NYSE:JPM) shareholders (or potential shareholders) will be happy to see that insider Mellody… …read more […]

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will… …read more […]

Investors in CSX Corporation (NASDAQ:CSX) had a good week, as its shares rose 4.1% to close at US$76.40 following the… …read more […]

(Bloomberg) — Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.One chilly day in October, President Donald Trump boarded Air Force One and flew to Pennsylvania to hail one of the state’s most important industries — not coal, but natural gas.Trump spoke an industry event of the “astonishing increase” in shale gas production. The Appalachian region has spearheaded a historic expansion, turning the U.S. into the world’s biggest producer while slashing prices for consumers and sounding the death-knell for domestic coal.But the dark side of the boom is increasingly difficult to …read more […]

The Bank of New York Mellon Corporation (NYSE:BK) shares fell 8.6% to US$46.18 in the week since its latest full-year… …read more […]

What is the most shorted stock on Wall Street, you ask? Just beating out Apple for the top spot, it is Elon Musk’s Tesla (TSLA). $14.5 billion have been borrowed by investors in order to bet against the electric car manufacturer, apparently.The news is not very surprising as Tesla is one of the most polarizing companies out there. Hardly ever out of the headlines, most Wall Street observers have an opinion on what the future holds for the automobile industry disruptor.Earlier this week, Tesla notched an all-time high, closing Tuesday’s session at $537.92. The figure rounds out an extraordinary six …read more […]

Could Public Joint Stock Company Gazprom (MCX:GAZP) be an attractive dividend share to own for the long haul… …read more […]

(Bloomberg Opinion) — On the face of it, the Phase One trade deal signed between the U.S. and China last week looks set to provide a big boost to American oil and gas producers who need to develop new export markets. Just how well they fare against exporters who are much closer to the world’s biggest energy importer may depend as much on economics as on politics.The energy trade section of the deal signed on Jan. 15 commits China to increasing its purchases of American energy products — crude oil, refined products, liquefied natural gas and coal — from levels …read more […]

(Bloomberg) — One surprising part of the trade deal struck between U.S. President Donald Trump and Beijing is that U.S. investors won a direct shot at the potentially lucrative job of helping China clean up its heap of bad debt.China is embracing foreign capital as it grapples with a tide of soured debt. Some estimate it to have topped $1 trillion as the trade war weighed on economic growth and a long crackdown on shadow banking choked off liquidity.The Communist Party-ruled nation is trying to instill more discipline in the market as corporate defaults have hit records for two straight …read more […]

Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area. The U.S. carmaker announced plans last November to build its first European car factory in Gruenheide, in the eastern state of Brandenburg. Politicians, unions and industry groups have welcomed the move, saying it will bring jobs to the region, but environmental concerns drove hundreds of locals to the streets on Saturday. …read more […]

McDermott is discussing a restructuring plan in which its debt could be converted into equity, with its group of lenders getting the majority of the shares, the report said. Unsecured creditors would receive less than 10% of the equity along with warrants, according to one of the people cited in the Bloomberg report. …read more […]

It’s a mixed start to the day. A Bitcoin move through to $9,000 would spur a rally… …read more […]