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Trading Ideas

U.S. copper frenzy grows as Rio Tinto plans $1.5 bln Utah mine expansion

December 3, 2019 admin Comments Off on U.S. copper frenzy grows as Rio Tinto plans $1.5 bln Utah mine expansion

Rio Tinto Plc said on Tuesday it would spend $1.5 billion to expand its Kennecott copper mine in Utah, part of a growing trend by miners to invest in strategic mineral projects across the United States. The move more than doubles the mining industry’s recent investment in U.S. copper projects, as Tesla Inc and other automakers demand more of the red metal for electric vehicle motors and other components. The expansion project, which Rio said will generate “attractive returns” without elaborating, is set to get underway next year. …read more […]

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Is Traditional Wall Street Research Useless?

December 3, 2019 admin Comments Off on Is Traditional Wall Street Research Useless?

In the 1990s, investment recommendations were made based on reports, meetings and “kicking the tires.” A lot has changed since then.
Nicholas Vardy explains the new world of investment management and what it means for your ETF portfolio.

Stockbroker Fred Schwed asked the question in the title of his 1940 classic book, Where Are the Customers’ Yachts?
Fast-forward 80 years, and the question remains the same.
Many investors spend countless hours poring through fundamental research produced by Wall Street’s investment banks.
This focus on company fundamentals, however, masks a new, broad and deep-rooted trend: Computer-driven strategies are transforming the way Wall Street invests.
And this transformation …read more […]

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Unilever names Braams as new marketing head in expanded role

December 3, 2019 admin Comments Off on Unilever names Braams as new marketing head in expanded role

Unilever Chief Executive Alan Jope had previously said https://www.marketingweek.com/unilever-keith-weeds-replacement-cmo the company would not hire a direct replacement for Weed, and instead would tack on additional responsibilities to the role of chief marketing officer, a job he described as “CMO++”. Braams, currently executive vice president of middle Europe, joined Unilever in 1990, and has held a variety of marketing and general management roles across key European and Asian markets, Unilever said. …read more […]