Shares of leading recreational vehicle maker Thor Industries (THO) sold off the other day after Q3 earnings missed estimates. Cost pressures caused by Trumps steal and aluminum tariffs were the main reason for the weakness, but these are headwinds the market has been expecting for some time now. THOs market cap has fallen by more than one-third YTD and the selling is overblown in light of what are....More>>>
January’s record-breaking activity is spilling over into February. Ten companies are targeting a combined $1.8 billion. Headlined by three energy companies, deals include an Argentine ag-tech, a Turkish Burger King franchisee, a Chinese wearables manufacturer, an asset manager, a Botox biotech, a medical device company and the year’s first US tech company.
U.S. IPO Calendar
Things are moving fast in renewable energy. Really fast. Consider that in 2008 wind farms supplied just 1.5% of all electricity in the United States. But by 2019 wind power is expected to contribute 6.9% of American electricity and overtake hydropower as the top renewable energy source.
The rise of wind power wouldn’t have been possible without two companies in particular, which combine....More>>>
Global iron ore miners have turned off the tap on adding new production capacity to feed China’s steel mills as the world’s largest customer is already awash with supplies, according to Fortescue Metals Group Ltd.
“The reality is that most of the producers, ourselves included, are not actually looking to grow supply of iron ore into China,” Fortescue Chief Executive....More>>>
Many gold mining stocks have global footprints or have operations/exploration projects in countries that most investors would have trouble finding on a map. However, that may not be necessary as there are two good reasons to be looking atgold and domestic gold miners right now:
Donald Trump appears serious about trying to de-regulate and undo many Obama era regulations (especially on mining/natural....More>>>
5 States Where Kidneys Look Worse
A Victory for Florida Life Insurance Consumers
Guaranty Funds Post Penn Treaty Unit Policyholder Details
(Bloomberg) — State and local leaders fighting a worsening opioid-abuse epidemic are studying tactics used in the tobacco lawsuits of the 1990s, as they try to claw back billions from the companies who make and sell the powerful painkillers.
China's government intervened in the stock market last week…
That might sound like an extreme thing to do. But with all the talk of trade wars with the U.S., Chinese stocks were falling – until China's "National Team" of state-backed investors stepped in and started buying blue-chip Chinese companies to prop up the market.
Ford wants to crack the world’s largest auto market with fully electric vehicles sold under a new brand.
The company announced plans on Tuesday to form a new joint venture with Anhui Zotye Automobile Co., a Chinese brand that specializes in all-electric vehicles.
Ford and Zotye are exploring a 50:50 partnership to produce a line of electric vehicles. Ford (F) said the cars....More>>>
Social Security is designed to help retirees replace a portion their work income, and the lower your average salary has been during your career, the greater the percentage of your salary Social Security will replace.
$40,000 a year is above the median per-person income in the U.S. and is a good salary in many parts of the country, but it’s less than what the typical household brings....More>>>
BP (NYSE:BP) has been in the news quite a bit, especially with regard to its investment plans. News of the company’s plans in Australia surfaced earlier this week as BP announced it would withdraw from its position in the Great Australian Bight. Over the past few weeks, we have seen some news about BP’s other investments surface as well, particularly in India and Argentina. Could these....More>>>