European stocks ended a choppy session on a down note Thursday. The pan-European index was supported by broad-based gains in the banking sector, after Credit Suisse Group AG provided an upbeat outlook and vowed to return a large chunk of profits to investors.
Oil companies, however, lost ground as oil prices turned mixed as OPEC agreed to extend output curbs.
The price of crude oil topped out in June 2014, then bottomed in February 2016 and has since partially recovered. During this period, the price of oil plunged by 76% and reached historic proportions, even in relation to other energy boom and bust cycles of the past. Let’s update the energy sector’s present status and use historical trends to anticipate what the future holds for investors.....More>>>
During the correction in the silver price of the last couple of years, many silver miners have been struggling to thrive as profit margins have been razor thin to negative. Some companies, however, have been able to grow significantly despite these market challenges. I would like to present you with my thoughts on one of these companies today, consider its potential going forward,....More>>>
Vertex Pharmaceuticals Inc (NASDAQ:VRTX) is classified as a member of the 345 company Biotechnology GICS industry group, which is part of the 782 company GICS Health Care sector. VRTX has a market value of $38.8 billion which is in the top 10% of its industry group. Portfolio Grader’s current ranking for VRTX puts it 40 among the 345 companies in this industry group, putting in the top quartile;....More>>>
Oakville, A6, based Investment company Lincluden Management Ltd buys Royal Bank of Canada, Crescent Point Energy, Rogers Communications, Bank of Nova Scotia, Cenovus Energy, Shaw Communications, Bank of Montreal, Manulife Financial, Potash of Saskatchewan, Canadian Imperial Bank of Commerce, sells Encana, Brookfield Asset Management, Oracle, Granite Real Estate Investment Trust, Chevron during the....More>>>
This article is reprinted by permission from NextAvenue.org.
Im seeing a yearning of many people around my age to return to a simpler time, like when we were growing up. My evidence: the hundreds of interviews Ive done forBest Places in the World to Retireand thestudies we did in which we asked expats about their lives abroad.
Interestingly, many Americans and Canadians have not only....More>>>
Senate prepares to vote on skinny ACA change proposal
Vice President Breaks Health Bill Debate Tie
U.K. regulators set out plans for ensuring senior staff of financial-services firms can be held to account for misconduct on their watch, extending rules already in place for banks to almost all firms.
New Yorkers should avoid the area surrounding Trump Tower, Mayor Bill de Blasio said on Friday — not exactly the type of advice area businesses want to hear heading into the holiday season.
Donald Trump’s neighborhood in Midtown Manhattan has been flooded by cops, Secret Service agents and protesters along with the usual hordes of shoppers, tourists and office workers since his....More>>>
Energy Storage Agreements (ESAs) will upend the coal generating business. I have been traditionally skeptical of the concept pushed by greenies that wind and solar will replace coal and nuclear fuel, and that all we need are windmills and solar panels for as far as the eye can see. Their biggest challenge is the intermittent nature of their generating footprint vs. the grid’s base load requirements....More>>>