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>>>
Related BTC Does Bitcoin Actually Hold Any Value At All? China & The Code: Keys To Bitcoin Hitting A 2-Year High
Forks have been in the news a lot recently due to controversy in the bitcoin community.
There was the potential fork that threatened to split bitcoin into two....More>>>
Verizon just bought a booster for its 5G future.
The telecommunications giant will pay about $3.1 billion in an all-stock deal to acquire Straight Path Communications, which holds a treasure trove of wireless licenses useable in future super-fast next-generation 5G mobile and fixed broadband services.
Straight Path, based in Glen Allen, Va., holds valuable spectrum licenses in the....More>>>
Roshni Nadar, chief executive officer for HCL Corp., an IT outsourcer, will inherit a lot of money from her billionaire father Shiv Nadar. That is, if she doesn’t become a billionaire on her own before that. (Photo by Dhiraj Singh/Bloomberg)
Anyone who has been to India has seen the poverty. Mumbai is home to one of the largest slums in the world. India’s per capita income....More>>>
By Fan Yu
Beijing’s recent decision to crack down on activities of Chinese insurance companies could push insurers toward riskier asset investments and create a liquidity crunch within the industry.
Industry regulator China Insurance Regulatory Commission (CIRC) announced strict new rules late December, curbing an industry that has been flush with cash. The new rules are choking....More>>>
Related CYB Dalio's Bridgewater Associates Won Approval To Set Up Subsidiary In China 4 Very Bearish Trades This Hedge Fund Is Making Daily State Of The Markets: Alternatives – Exploration Of Investing's Final Frontier (Seeking Alpha) Related CNY Chinese Yuan (CNY) Hits 6-Year Low Against US Dollar....More>>>
The beginning of 2016 was so bad, investors fretted that the market was heading for a repeat of the financial crisis. Instead, stocks have turned positive on the year.
The Dow Jones Industrial Average has gained 185.04 points, or 1.1%, to 17,510.80 at 2:38 p.m. today, putting it up 0.5% for the year. The S&P 500, meanwhile, has gained 0.8% to 2,043.01, putting....More>>>
Change is scary, but it is good. For First Solar (NASDAQ:FSLR), the company knows it must change and adapt its business to the increasing competition coming from China. If it does not develop new products, low panel prices and excess supply will leave First Solar unable to compete. The fourth-quarter results give investors reasons for optimism: R&D spend, operating expenditures, project successes,....More>>>
(Published Feb. 23 by Bob Ciura)
Shares of consumer products company Nu Skin Enterprises (NYSE:NUS) crashed 11% after the company missed analyst expectations on both sales and earnings per share for the fourth quarter.
Nu Skin has struggled mightily over the past three years. In January 2014, the company was hit with an investigation by Chinese regulatory authorities into the firm’s....More>>>
One of the nation’s best-known toolmakers, Stanley Black & Decker, said Thursday that it will move more manufacturing back to the U.S. from overseas, including construction of a new $35 million factory after acquiring the Craftsmanbrand from ailing retailer Sears Holdings.
Expanding American manufacturing makes “business sense” amid “pervasive” uncertainty....More>>>