Year: 2020

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Exclusive: How Venezuela lost three oil supertankers to its Chinese partner

August 11, 2020 admin Comments Off on Exclusive: How Venezuela lost three oil supertankers to its Chinese partner

A shipping joint venture between Venezuela and China has fallen apart in the wake of U.S. sanctions, resulting in the South American nation losing three supertankers at a time when foreign shippers are reluctant to carry its oil, court documents show. PetroChina Co Ltd, which had been state-run Petroleos de Venezuela’s partner in the Singapore-based joint venture CV Shipping Pte Ltd, took control of the three tankers between January and February, according the documents from a Singapore court reviewed by Reuters. The transfer of the Junin, Boyaca and Carabobo very large crude carriers (VLCC) has not been previously …read more […]

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Did Hedge Funds Make The Right Call On United States Steel Corporation (X)?

August 11, 2020 admin Comments Off on Did Hedge Funds Make The Right Call On United States Steel Corporation (X)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]

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Spotify Technology (SPOT) Stock Might Be Expensive, Stay Cautious

August 11, 2020 admin Comments Off on Spotify Technology (SPOT) Stock Might Be Expensive, Stay Cautious

Forager Funds recently released its Q2 2020 Investor Letter, a copy of which you can download here. The International Fund’s 23.3% gain for the quarter took it to a 13.7% positive return for the full financial year, some 10.6% ahead of its benchmark. You should check out Forager’s top 5 stock picks for investors to […] …read more […]

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Boeing 737 Max Return Outside U.S. Seen Slowed by Regulators

August 11, 2020 admin Comments Off on Boeing 737 Max Return Outside U.S. Seen Slowed by Regulators

(Bloomberg) — European and Canadian regulators are still wrangling with Boeing Co. over the last remaining technical details of its 737 Max revamp, leaving some customers to worry that certification in critical markets outside the U.S. could slip to next year.In a rare bit of good news for Boeing and its beleaguered jet line, the Federal Aviation Administration on Aug. 3 triggered a process that could lead to reissuance of a U.S. airworthiness certificate for the Max as soon as October.Yet international regulators say they aren’t ready to follow suit. The European Union Aviation Safety Agency is still waiting for …read more […]

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How to Invest in Oil Stocks

August 11, 2020 admin Comments Off on How to Invest in Oil Stocks

Are you ready to learn how to invest in oil stocks? Commodities are drawing interest across the investment landscape for many reasons. And crude oil is an essential piece to the global market.
In fact, there are many outlets to oil investing. From futures contracts to buying up physical crude oil barrels, you can make your investment outside of the stock market. However, don’t sleep on exchange-traded funds (ETFs) and large cap stocks.

How to Invest in Oil Stocks with ETFs and More
There are over 100 oil-producing companies listed on the New York Stock Exchange. This includes large cap companies such as …read more […]

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AT&T CFO on WarnerMedia Reorganization and Layoffs: A ‘Natural Progression’ in Shift to Streaming

August 11, 2020 admin Comments Off on AT&T CFO on WarnerMedia Reorganization and Layoffs: A ‘Natural Progression’ in Shift to Streaming

The broad restructuring at WarnerMedia is a “natural progression” for the media conglomerate to hone its focus on HBO Max, according to John Stephens, AT&T’s chief financial officer. WarnerMedia laid off hundreds of employees Monday across Warner Bros., HBO and DC Entertainment. That came after a major management shakeup under new CEO Jason Kilar, under […] …read more […]

Newsmakers

CloudMD (OTC: DOCRF) Further Strengthens Patient Data Privacy and Security with Appointment of Data Protection Expert, Patrick Lo

August 11, 2020 admin Comments Off on CloudMD (OTC: DOCRF) Further Strengthens Patient Data Privacy and Security with Appointment of Data Protection Expert, Patrick Lo

With an ecosystem of over 100,000 patients, CloudMD is committed to best in class data protection and privacy. CloudMD is undergoing rapid growth as patients turn to telemedicine at a never before seen rate and […]