Year: 2020

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In this article we take a look at the biggest logistic companies in the world in 2019. Click to skip ahead and jump to 5 biggest logistic companies in the world. The biggest logistics companies in the world are evidence that this is a major industry with global implications. While you might think that logistic companies […] …read more […]

Market participants this week are gearing up for a heavy week of new US economic data, including Friday’s monthly report from the Labor Department on non-farm payrolls. …read more […]

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

Mexico’s oil reform, which opened up the nation’ abundant offshore reserves to foreign drillers could be about to reversed at the worst time possible …read more […]

Every investor in Futu Holdings Limited (NASDAQ:FUTU) should be aware of the most powerful shareholder groups… …read more […]

Shareholders in Rite Aid Corporation (NYSE:RAD) had a terrible week, as shares crashed 26% to US$10.00 in the week… …read more […]

Markets are volatile this month, with the magnitude of the shifts most pronounced in the tech-heavy NASDAQ. That index fell 7.5% from its peak – reached on September 2 – a slide pronounced enough to have investors questioning whether this is just a correction, or a true reversal of the bull market we saw through the summer. But in recent sessions, the index has been gaining; it entered the weekend on a high note, having added 2.3%. The fast rise in the NASDAQ during the summer was no fluke. It was based on the real contributions that tech companies are …read more […]

A recent strengthening in the euro’s exchange rate is a worry and will warrant a reaction from the European Central Bank if it drags inflation farther away from its goal, ECB policymaker Ignazio Visco said on Sunday. Visco also denied ECB policymakers were divided on the matter and said his views echoed those of the Executive Board. “The euro’s recent strengthening is worrying us because it generates further downward pressures on prices at a time when inflation is already low,” Visco, Italy’s central bank governor, told an event in Trento. …read more […]

A strong performance in Tuesday’s debate by Biden, who currently has a modest lead in betting odds and polls, might boost stocks related to global trade and renewable energy, while a perceived debate victory by Trump could benefit fossil fuel and defense companies. The first of three scheduled debates comes at a fraught moment on Wall Street. If one candidate emerges stronger on Tuesday, “the debate could be an individual stock and sector play,” said Jack Ablin, Chief Investment Officer at Cresset Wealth Advisors. …read more […]

Legacy casino brand MGM is growing its online gambling business after Covid-19 shuttered casinos. …read more […]

Genworth Financial, Inc. (NYSE:GNW) shareholders would be excited to see that the share price has had a great month… …read more […]

Lockheed Martin’s board of directors has signed off on a 8.3% quarterly dividend increase to pay $2.60 per share and announced plans for an additional $1.3 billion share buyback.Lockheed Martin (LMT) said that its fourth-quarter dividend will increase by $0.20 per share over last quarter. The dividend is payable on Dec. 24, 2020, to holders of record as of the close of business on Dec. 1, 2020.In addition, the corporation’s board has authorized the purchase of up to an additional $1.3 billion of Lockheed Martin common stock as part of its share repurchase program. Following the increase, total authorization for …read more […]

(Bloomberg) — The world’s first shipment of blue ammonia is on its way from Saudi Arabia to Japan, where it will be used in power stations to produce electricity without carbon emissions.Saudi Aramco, which made the announcement Sunday, produced the fuel, which it does by converting hydrocarbons into hydrogen and then ammonia, and capturing the carbon dioxide byproduct. Japan will receive 40 tons of blue ammonia in the first shipment, Aramco said.Ammonia can be burned in thermal power stations without releasing carbon emissions. That means it has “the potential to make a significant contribution to an affordable and reliable low-carbon …read more […]

Raytheon Technologies has been awarded a $212.8 million supply and maintenance services contract by the US Missile Defense Agency to the United Arab Emirates (UAE).As part of the Foreign Military Sale (FMS) contract, Raytheon Technologies (RTX) will provide 1 prime power unit, an air- and highway-transportable, trailer-mounted 1.3MW (megawatt) generator set, and 5 years of sustainment services for 2 Terminal High Altitude Area Defense Army/Navy Transportable radar surveillance and control-series 2 (AN/TPY-2) radars.The work will be performed in Massachusetts, and some support services will be provided in-country. The contract is Oct. 1, 2020, through Sept. 30, 2025. UAE FMS …read more […]