Month: February 2020

(Bloomberg) — Gold climbed for a fourth straight day as investors weighed the unfolding coronavirus crisis, including a blunt warning from the head of the World Health Organization about the potential for more cases beyond China.Prices rose as the global death toll from the outbreak topped 900 and the WHO Director-General Tedros Adhanom Ghebreyesus voiced concern over the spread from people with no travel history to China, saying “we may only be seeing the tip of the iceberg.” Beijing will spend at least $10 billion to fight the outbreak.Bullion’s trading near the highest since 2013 as investors assess the impact …read more […]

(Bloomberg) — Oil briefly fell past the psychologically important $50 a barrel mark as hopes for an extraordinary OPEC+ meeting to decide on further production cuts to deal with the demand hit from the coronavirus diminished.Ministers from the group and its allies are unlikely to hold an early meeting this month, while one planned for March will go ahead, Azerbaijan Energy Minister Parviz Shahbazov told the RIA Novosti newswire. Russia has been resisting Saudi Arabian efforts to reduce output after OPEC+ technical experts recommended an additional cut of 600,000 barrels a day through June.Crude has tumbled around 10% over the …read more […]

Feb.09 — China has upped the global death toll from the coronavirus to 908. The first wave of medical experts being sent by the World Health Organization are heading to the epicenter of the disease. Bloomberg’s Selina Wang speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Markets.” …read more […]

Oil prices on Monday extended their decline from an early January peak above $70 as the specter of excess supplies loomed over the market after the spreading coronavirus outbreak hit demand in China, the world’s largest oil importer. U.S. West Texas Intermediate fell 38 cents to $49.94 a barrel after striking a low of $49.56. Worries over supply were not alleviated on Friday when Russia said it need more time to decide on a recommendation from a technical committee that has advised the Organization of the Petroleum Exporting Countries (OPEC) and its allies to cut production by a …read more […]

Feb.09 — Loreen Gilbert, Wealthwise Financial Services President, discusses the markets reaction to Coronavirus. She speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Markets.” …read more […]

Feb.09 — We’re getting more results from Iowa with just two days to go for the New Hampshire Democratic primary. So how close is the race? Bloomberg’s David Westin speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Markets.” …read more […]

Feb.09 — The PBOC has established special measures to combat the outbreak which go into effect today. Bloomberg’s Enda Curran speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Markets.” …read more […]

Tyson Foods tops the list Continue reading… …read more […]

As Permian Basin bankruptcies and asset write-downs flood the headlines, new opportunities are emerging to scoop up quality acreage at a discount …read more […]

They are reasonably priced and their earnings are expected to grow significantly Continue reading… …read more […]

Exxon Mobil, Chevron, Enterprise Products Partners, General Motors, DuPont de Nemours and Williams Companies present buying opportunities Continue reading… …read more […]

Insiders load up on shares of Anthem, Ashland Global Holdings, WisdomTree Investments, Enterprise Products Partners and Ingevit Continue reading… …read more […]