Cleveland-Cliffs Inc. (CLF), formerly Cliffs Natural Resources Inc, has had some trouble in its recent past but has a very promising future. By 2020, Cliffs will be rid of all its non-performing assets and will have three solid EBITDA generating streams, its Core U.S. Iron Ore business, its hot briquetted iron (HBI) plant in Toledo, Ohio, and its DR-grade pellets produced at its Northshore plant.....More>>>
&l;p&g;&l;img class=&q;dam-image shutterstock size-large wp-image-1010583562&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1010583562/960×0.jpg?fit=scale&q; data-height=&q;860&q; data-width=&q;960&q;&g; Shutterstock
The trading and money management world provides a unique laboratory for studying methods that accelerate the development of professionals. This is partly....More>>>
On Wednesday, stocks recovered following the worst day overall since October. The gains were led by the technology sector, which in many cases reversed following their worst day of the year on Tuesday.
However, despite the tech rebound, the blue chips lagged pulling the Dow Jones Industrial Average down less than 0.1%. Nike Inc (NYSE:NKE), a Dow component, fell 7.1%, pulled lower by a lackluster....More>>>
Investors don’t seem to be getting tired of the Donald Trump stock market rally as it rages into its third-straight week.
Stocks blasted higher into new high ground during the week as the reality of Donald Trump being the next president sinks in following the Nov. 8 election. As long as investors stuck with U.S. stocks and avoided shares of European companies or those in emerging markets....More>>>
Retirement investors want sure things. There isnt enough time to make up for stocks that just fall into the ground, never to return. So considering how awful energy has been for the past couple of years, its probably surprising to see energy stocks and retirement mentioned in the same vicinity.
Sustained low oil and natural gas prices have negatively impacted energy stocks. OK, thats putting....More>>>
The recent U.S. stock rally, which began off the bottom in late June and saw the market break to new all-time highs in early July, has been anemic by almost any measure. While not that much seems to be happening on the surface, underneath it the internals have been undergoing change. The groups leading the rally are not the same groups leading the market prior to the rally. It is not uncommon for....More>>>
T. Boone Pickens is one of the best energy investors on Earth, and right now hes quietly accumulating a position in one little-known pipeline company – Enterprise Products Partners LP (NYSE:EPD).
The oilman made a fortune in the energy patch; first as a wildcatter through the 1960s, then as a corporate raider in the 1980s, and most recently as a trader through his hedge fund BP Capital.....More>>>
U.S. equities are continuing to grind higher on Friday thanks to the resumption of the “Trumpflation” trade spurred by comments from President Trump this week that his tax cut plans would be released within the next few weeks.
The dynamic got an additional lift by his comments about the U.S. dollar’s valuation, which he thinks is too high.top....More>>>
Someone emailed me this question:
“How do you feel about good businesses in poor industries? Are there any industries that you just won’t even consider?”
No. In theory, I do not think there is any industry where I would not consider a good business worthy of investment just because it was part of that industry. But, this question is not that simple to answer.....More>>>
Most-hated companies 2016: Over the past year, companies have lied, poisoned, and taken advantage of consumers like you – and the media pounced:
“Mylan’s Outrageous EpiPen Price Hikes: How Many Children Will Suffer?” – Forbes, September”Wells Fargo Is a Wake-Up Call for All Bank Customers,” – CBS, October
Unfortunately, there were....More>>>