Zinc may not immediately come to mind as an important metal for the global economy, but its actually the fourth most common metal in use -trailing only iron, aluminium and copper. Thats because zinc wouldmost commonly be used as an anti-corrosion agent and for galvanization (coating of iron or steel) plus for otherindustrial purposes (e.g. used as pigments,preservatives, propellants etc). Zincwasalso....More>>>
Source: ThinkstockNovember 20, 2017: The S&P 500 closed up 0.1% at 2,582.23. The DJIA closed up 0.3% at 23,431.55. Separately, the Nasdaq was up 0.1% at 6,790.71.
Monday was a relatively positive day for the three major U.S. exchanges, but trading volumes were low as this is a truncated trading week. Crude oil was negative on the day. The S&P 500 sectors were more or less split down....More>>>
Energy investors are making a big mistake… They're "bottom fishing" in the major oil and gas stocks… trying to catch the bottom. This, of course, is a bad idea. Energy stocks have been crashing this year. But expectations are still high. History tells us this kind of bottom fishing won't end well. The smart move is to wait for a better entry point....More>>>
Market sentiment about Micron stock remains bullish.
Stockholders of Micron (NSDQ:MU)have had a great ride so far in 2016; shares of their company have more than doubled in value over the past 7 months alone. But the question that most investors are probably wondering about is: Has the stock topped out yet, or is there still more room for stock appreciation? Well, lets try to....More>>>
Berkshire Hathaway, the conglomerate controlled by Warren Buffett, agreed Wednesday to buy a stake in the troubled Canadian mortgage lenderHome Capital Group in a $1.8 billionrescue plan.
Berkshire will pay $300.7million for a 38.4% stake of the Toronto-based company and extend a $1.5 billion line of credit.
“This investment from Berkshire not only addresses Home Capitals....More>>>
Three initial public offerings (IPOs) on last week’s calendar made it out the door and there are four new IPOs on this week’s list.
Among last week’s IPOs, Chinese-education company Bright Scholar Education Holdings Ltd. (NYSE: BEDU) sold 15 million shares at $10.50, above the expected range of $8 to $10 and raised $158 million. The first-day pop rang in at 28% and the stock....More>>>
Blue-chip companies rightfully make up the bulk of most people’s investment portfolios. These large-cap firms possess considerable industry leverage, as well as a vast sum of financial resources. Their status and importance to the underlying economy means that they are the least likely to crumble, regardless of external pressures. Ultimately, blue chips provide the confidence and stability....More>>>
Smith & Wesson Holding Corp. (NASDAQ: SWHC) reported fiscal second-quarter financial results after markets closed on Thursday. The company said that it had $0.68 in earnings per share (EPS) and $233.5 million in revenue, versus consensus estimates from Thomson Reuters called for $0.56 in EPS and $227.61 million in revenue. The same period from last year had $0.25 in EPS and $143.24 million in....More>>>
Smart investing isn’t just knowing what stocks to buy. It’s also knowing what stocks to avoid…
That’s why we’ve put together a list of stocks on death watch in 2016. While companies on this list aren’t guaranteed to fail, they have a high likelihood of doing so.
We’ll come out with a new stock death watch list every month, so be sure to....More>>>
John Buckingham, editor of The Prudent Speculator, focuses on a widely-diversified portfolio of value-oriented stocks; here, he reviews two leading pharmaceutical firms with promising drug development operations.
Biogen discovers, develops and delivers innovative therapies for the treatment of neurodegenerative diseases and autoimmune disorders.