GDX’s 12-Year Surge: A Breakthrough Analysis – MINING.COM
Stock image. The major gold stocks are on the verge of a momentous technical event, a dozen-year secular breakout. With their leading index just single-digit percentages away, that could happen any day now. Gold stocks surging to decade-plus highs should generate much bullish financial-media coverage and trader interest. That will attract more capital inflows into […]
Manulife Earnings: Stock Jumps 7% Following…
Key Morningstar Metrics for Manulife Financial What We Thought of Manulife Financial’s Earnings Manulife Financial MFC posted impressive numbers, surprising on the upside in both profitability and growth. They reported core earnings of C$1.90 billion, or C$1.03 per share, in the fourth quarter, up 9% compared with the previous year. Adjusted return on equity was […]
German Stocks Rise Sharply Ahead of Federal Election
The German equity market has been hitting one record after the other as the nation approaches its federal election on Feb. 23, fueled by a combination of political anticipation, strong corporate earnings, and the hope for peace talks in the Russia-Ukraine conflict. The market’s composition, with its heavy weighting toward industrial and tech firms, has […]
Apex International Energy Sold to United Energy
Sale Of Apex International Energy To United Energy Specialist private equity firm Bluewater announced the signing of an agreement to sell Houston-headquartered Apex International Energy (a leading independent player in oil and gas exploration and production in the prolific Egyptian upstream market) to United Energy (MENA) Limited, a wholly-owned subsidiary of the Hong Kong-based United […]
As Yields Decline, Where Should ETF Investors Focus for…
After several years of high interest rates, Canadian investors are facing less lucrative yields and having to take on more risk to generate more income. Where is that secure money going, and where can it go? Yields above 5%, infinitesimal risk, and money mobility encouraged investors to move funds into short-term fixed-income products like high-interest […]
Umicore Faces Criticism Over Capital Expenditure
Umicore draws capex flak During a recent quarterly results call, Chetan Udeshi, an analyst at JP Morgan, delivered a candid assessment of Umicore’s battery materials division, stating, “Your EBITDA in this business is zero. Last year was zero.” This straightforward critique underscores the ongoing challenges facing Umicore in a sector crucial to the global shift […]
Loblaw Earnings: Strategic Investments Drive Performance…
Key Morningstar Metrics for Loblaw Companies What We Thought of Loblaw Companies’ Earnings Loblaw Companies’ L fiscal fourth-quarter results were mixed, as sales of USD 14.9 billion lagged our USD 15.3 billion assumption, but USD 2.20 in adjusted earnings per share exceeded our USD 2.13 forecast. Factoring in these results, along with guidance that corroborates […]
Brent Oil Price Outlook: Analyzing Supply Worries and Technical Trends
Brent Oil Price Forecast: Supply Concerns and Technical Analysis Most Read: S&P 500 Records All-Time Highs Led by Chipmakers, Dow Jones (DJIA) Seesaw Continues Brent crude prices had a poor finish on Wednesday but still recorded its third consecutive day of gains as supply fears persist. Supply fears around Russia continue to persist following a […]
Beltrami County Board Updates on Finances and Juvenile Diversion Program
Beltrami County Board receives finance, Juvenile Diversion Program updates BEMIDJI — County Administrator Tom Barry presented a comprehensive federal and state funding update during a Beltrami County Commissioner meeting Tuesday evening, which displayed challenges faced following federal and state level changes. Barry aimed to answer three key questions: how much federal and state funding does […]