Articles by admin

(Bloomberg) — Goldman Sachs Group Inc.’s bets on four companies delighted investors a quarter ago. This time around, they’re inflicting about $260 million of pain.Those losses are driven by investments made for its own account in Uber Technologies Inc. and Avantor Inc., which both slumped in the third quarter. The ride-hailing company has seen a third of its market value erased after a woeful public-market debut, while Avantor lost 23% in the same period. That led to hits of more than $100 million each for Goldman.Goldman was barred from selling its holdings in the companies immediately after they went public, …read more […]

U.S. regulators approved Kinder Morgan’s request to start production of liquefied natural gas at the first plant of its new export facility, a year after it had been originally due to begin operations, filings showed this week. It is also quite unusual among U.S. facilities, employing modular technology to build much smaller “trains,” or plants, than its peers at 0.3 million tonnes a year (mtpa) capacity compared to around 5 mtpa for other U.S. trains. The Federal Energy Regulatory Commission (FERC) approved its request to “commence service for liquefaction and export activities” at the first train in a …read more […]

Some of the world’s best investors stick to dividend portfolios. They know that a steady stream of income is a top wealth building strategy. And finding the best deals is vital. So today, we’re going to review another one of the best dividend stocks around. Let’s take a look at 3M’s dividend history and safety…
Business Overview and Highlights
3M (NYSE: MMM) is a $90 billion business based out of Minnesota. The diversified manufacturing business employs 93,000 people. Last year 3M pulled in $33 billion in sales and that works out to $352,000 per employee.
The company operates within the industrial sector and …read more […]

Today we’ll evaluate J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) to determine whether it could have potential as… …read more […]

Today we’ll look at Texas Instruments Incorporated (NASDAQ:TXN) and reflect on its potential as an investment. In… …read more […]

Today we’re going to take a look at the well-established General Electric Company (NYSE:GE). The company’s stock… …read more […]

(Bloomberg) — Polish banks suffered a setback in a ruling by the European Union’s top court on unfair terms in foreign-currency loans while avoiding a worst-case scenario.Mortgage holders, who have struggled with spiraling repayments on their mostly Swiss franc loans, celebrated in Warsaw, hailing the verdict as a breakthrough. An index of Polish bank stocks dropped just 1.1% as some analysts said the ruling wasn’t a full victory for borrowers. The zloty strengthened in volatile trade.The ruling opens a path for the conversion of mortgages into zloty at the rate which prevailed on the day the loan agreements were signed.However, …read more […]