I believe that 2017 will turn out to be a break-out year for Exxon Mobil (NYSE:XOM) as a combination of higher oil pricing and an increase in low-cost production will help the company deliver strong revenue growth. More importantly, as Exxon ramps up its production from its low-cost assets, it will witness a rise in its bottom line performance over the long run. As a result, investors can expect....More>>>
Gold prices climbed toward $1,300 level on Monday, logging their highest finish in nearly 11 weeks, with investors flocking to the perceived safety of the precious metal as the war of words between the U.S. and North Korea returned to the fore.
Copper futures, meanwhile, saw highest levels since November 2014, boosted by expectations for stronger demand from China.
Gold for December....More>>>
Sporting goods stores are down for the count.
The scourge of insolvency is sweeping through the sector as online sellers gain the upper hand over yet another corner of retail just recently dominated by big-box chains, specialty stores and mom-and-pop shops.
Yet another general sporting goods retailer, MC Sports,filed for bankruptcy in February with plans to liquidate its 68 stores,....More>>>
New York, NY, based Investment company Chase Coleman buys Apollo Global Management LLC, TransDigm Group Inc, Domino’s Pizza Inc, Teladoc Inc, American Tower Corp, Netflix Inc, TAL Education Group, New Oriental Education & Technology Group Inc, Facebook Inc, NetEase Inc, sells Charter Communications Inc, Fleetcor Technologies Inc, Fiat Chrysler Automobiles NV, Alphabet Inc, Symantec Corp....More>>>
On March 22, I published an article that examined whether Navios Maritime Partners L.P. (NYSE:NMM) would reinstate distributions on its common units. One possible risk factor that I mentioned was the possibility of self-dealing by Navios Maritime Holdings Inc. (NYSE:NM), the parent company of NMM and of Navios Maritime Acquisition Corporation (NYSE:NNA). I specifically cited the sale by NM....More>>>