Business
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Cenovus Energy Stock (NYSE:CVE): Why Caution Is Warranted
Cenovus Energy (NYSE:CVE) (TSE:CVE) is a Canadian oil and gas company, with the majority of its production in the oil sands of Alberta. The company trades at 28.7x my estimate of normalized earnings, higher than its current P/E ratio. And with WTI Crude Oil (CM:CL) prices far above their inflation-adjusted average, I believe caution is warranted. A supply windfall or demand shock could send Cenvous’ profits tumbling. Consequently, I’m bearish on CVE. The Oil Sands are High-Cost and High-Risk I’v
5 min read - BusinessBloomberg
Korea Issues Guidelines in Bid to Boost Corporate Valuations
(Bloomberg) -- South Korea’s regulators issued guidelines on how companies can increase shareholder returns and improve corporate governance, taking another step toward boosting depressed valuations in the nation’s $1.8 trillion stock market.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on Coll
2 min read - BusinessCoinMarketCap
Chainlink and Rapid Addition Collaborate To Develop Adapter for Institutional Digital Asset Trading
Blockchain oracle project Chainlink and FIX connectivity solutions provider Rapid Addition are teaming up to create a FIX-native adapter.
1 min read - BusinessBBC
Uber faces £250m London black cab drivers lawsuit
The case against the US-based ride-hailing giant is being brought on behalf of over 10,800 drivers.
3 min read - BusinessGuruFocus.com
Decoding Qualcomm Inc (QCOM): A Strategic SWOT Insight
Uncovering the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding PPL Corp (PPL): A Strategic SWOT Insight
Uncovering the Financial Dynamics and Market Positioning of PPL Corp
4 min read - BusinessGuruFocus.com
Decoding Marriott International Inc (MAR): A Strategic SWOT Insight
Uncovering the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding Neurocrine Biosciences Inc (NBIX): A Strategic SWOT Insight
Financial Performance and Market Dynamics: A SWOT Analysis of Neurocrine Biosciences Inc
4 min read - BusinessGuruFocus.com
Decoding United Therapeutics Corp (UTHR): A Strategic SWOT Insight
Insightful Analysis of United Therapeutics Corp's Financial Health and Market Position
5 min read - BusinessGuruFocus.com
Decoding Bank of America Corp (BAC): A Strategic SWOT Insight
Insightful Analysis of Bank of America's Financial Health and Strategic Position
4 min read - BusinessGuruFocus.com
Decoding Garmin Ltd (GRMN): A Strategic SWOT Insight
Unveiling the Financial and Strategic Position of Garmin Ltd in 2024
4 min read - BusinessGuruFocus.com
Decoding The Estee Lauder Companies Inc (EL): A Strategic SWOT Insight
Insightful Analysis of Estee Lauder's Financial Health and Strategic Position
5 min read - BusinessGuruFocus.com
Decoding CVS Health Corp (CVS): A Strategic SWOT Insight
Insightful Analysis of CVS Health Corp's Strengths, Weaknesses, Opportunities, and Threats
5 min read - BusinessGuruFocus.com
Decoding Avery Dennison Corp (AVY): A Strategic SWOT Insight
Unraveling the Financial Fabric: Avery Dennison's Latest SWOT Analysis
4 min read - BusinessGuruFocus.com
Decoding Equity Lifestyle Properties Inc (ELS): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding Johnson & Johnson (JNJ): A Strategic SWOT Insight
Unveiling the Financial and Strategic Landscape Post Q1 2024
4 min read - BusinessGuruFocus.com
Decoding American Water Works Co Inc (AWK): A Strategic SWOT Insight
Unveiling the Financial and Strategic Landscape Post Q1 2024 Earnings
4 min read - BusinessGuruFocus.com
Decoding DoorDash Inc (DASH): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding Verisk Analytics Inc (VRSK): A Strategic SWOT Insight
Insightful Analysis of Verisk Analytics Inc's (VRSK) Strengths, Weaknesses, Opportunities, and Threats
5 min read - BusinessGuruFocus.com
Decoding Global Payments Inc (GPN): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding Arthur J. Gallagher & Co (AJG): A Strategic SWOT Insight
Insightful Analysis of Arthur J. Gallagher & Co's Financial Health and Market Position
4 min read - BusinessGuruFocus.com
Decoding Stryker Corp (SYK): A Strategic SWOT Insight
Insightful Analysis of Stryker Corp's Financial Health and Market Position
4 min read - BusinessGuruFocus.com
Decoding Carvana Co (CVNA): A Strategic SWOT Insight
Exploring the Financial Dynamics and Strategic Positioning of Carvana Co
5 min read - BusinessGuruFocus.com
Decoding Hubbell Inc (HUBB): A Strategic SWOT Insight
Unveiling the Financial Dynamics and Strategic Directions
4 min read - BusinessGuruFocus.com
Decoding MGM Resorts International (MGM): A Strategic SWOT Insight
Insightful Analysis of MGM Resorts International's Financial Health and Strategic Position
5 min read - BusinessGuruFocus.com
Decoding Sysco Corp (SYY): A Strategic SWOT Insight
Insightful Analysis of Sysco Corp's Strengths, Weaknesses, Opportunities, and Threats
4 min read - BusinessGuruFocus.com
Decoding Amazon.com Inc (AMZN): A Strategic SWOT Insight
Uncovering the Financial and Strategic Position of Amazon.com Inc in 2024
5 min read - BusinessGuruFocus.com
Decoding Ansys Inc (ANSS): A Strategic SWOT Insight
Insightful Analysis of Ansys Inc's Strengths, Weaknesses, Opportunities, and Threats
4 min read - BusinessGuruFocus.com
Decoding Caterpillar Inc (CAT): A Strategic SWOT Insight
Unearthing the Financial and Strategic Position of Caterpillar Inc in 2024
5 min read - BusinessBloomberg
Yen Bears Push Back on Japan’s Suspected Intervention Again
(Bloomberg) -- Another suspected intervention by Japanese authorities to support the yen, this time in late New York trading, ran into resistance from traders keen to keep selling the currency.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss
5 min read - BusinessBloomberg
Yen Intervention Risks Force Tokyo Traders to Scrap Holidays
(Bloomberg) -- For currency traders in Japan the long weekend starting Friday won’t be much of a break as the market stays on high alert for official action after two suspected interventions this week.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Wei
3 min read - BusinessBloomberg
Ex-SocGen Trader Says He Was Fired After Bank Failed to Detect His Bets
(Bloomberg) -- A former Hong Kong-based Societe Generale SA trader claimed he was fired and said the French lender should share blame for failing to detect his risky bets.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled U
2 min read - BusinessBloomberg
Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign
(Bloomberg) -- When Deutsche Bank AG last month brought back its former CEO for the Middle East and Africa, the reappointment came with a twist: Unlike his prior stint at the German lender, Jamal Al Kishi will no longer be based in Dubai, the region’s traditional business hub known for swanky villas and expat comforts. Instead, he will be based in a far less glamorous Middle Eastern city — Riyadh. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell O
7 min read - BusinessRetail Banker International
Without transparency, banks will continue to find themselves as political prey
Bank of America should take the opportunity to be upfront about its de-banking policies and lead a path for other banks in the US to do the same argues Phoebe Hodgson
3 min read - BusinessBloomberg
India’s Top Refiner Resumes Russia Oil Trade on Sovcomflot Ships
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo
2 min read - BusinessBloomberg
Oil Rises After Dropping to Seven-Week Low on US Inventory Gain
(Bloomberg) -- Oil erased some of its losses after plunging Wednesday on a big jump in US crude inventories that added to concerns about weakening demand.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo
1 min read - BusinessBloomberg
Bitcoin Slump Triggers Warning of ‘Trouble Ahead’ for Global Markets
(Bloomberg) -- Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight L
2 min read - BusinessReuters
Nvidia supplier SK Hynix says HBM chips almost sold out for 2025
ICHEON, South Korea (Reuters) -South Korea's SK Hynix said on Thursday that its high-bandwidth memory (HBM) chips used in AI chipsets were sold out for this year and almost sold out for 2025 as businesses aggressively expand artificial intelligence services. The Nvidia supplier and the world's second-largest memory chipmaker will begin sending samples of its latest HBM chip, called the 12-layer HBM3E, in May and begin mass producing them in the third quarter. "The HBM market is expected to con
2 min read - BusinessBloomberg
Chinese Miners See Opportunities as BHP’s Mega Bid Unfolds
(Bloomberg) -- China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39 billion approach for rival Anglo American Plc, potentially the largest mining deal in over a decade.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Cra
3 min read - BusinessBloomberg
Credit Suisse Faces $36 Million Korea Short-Sale Fine: Chosun
(Bloomberg) -- Credit Suisse AG reportedly faces 50 billion won ($36 million) in penalties over illegal short selling in South Korea, where authorities are due to give an update on their broader investigation into the practice on Friday. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College
2 min read - USCincinnati.com | The Enquirer
Going Up: Dan Beard Council plans skilled trades center for Boy Scouts at Camp Friedlander
Dan Beard Council plans to build a new skilled trades center for Boy Scouts at its 550-acre Camp Friedlander campgrounds.
2 min read - LifestyleKXRM Colorado Springs
Local love: supporting small businesses this week
(COLORADO SPRINGS) — Driving through downtown, there is a unique element in recognizing the wide range of locally run businesses that fill the streets. From good books to cozy sweatshirts and even vibrant tattoos, these establishments have a little something of everything for the southern Colorado community. Several of these local treasures have been around […]
3 min read - BusinessBloomberg
Yen’s Sustained Weakness Frustrates Even Japanese Exporters
(Bloomberg) -- Japan’s companies are expressing unusual discomfort with the weak yen, just as the country’s government appears to be stepping in to prop up its tumbling currency.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Go
4 min read - BusinessBloomberg
BlackRock, Citadel Reap Billion-Dollar Deals From Australia Fund
(Bloomberg) -- Man Group Plc, BlackRock Inc. and Citadel are among big winners from the giant alternatives portfolio held by Australia’s sovereign wealth fund, which has revealed the size of its mandates for the first time.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Oze
2 min read - USStar Tribune (Minneapolis)
Minneapolis education support professionals file intent to strike
Education support professionals from the union representing Minneapolis teachers on Wednesday filed their intent to go on strike against the school district. The executive board of the support professionals chapter of the Minneapolis Federation of Teachers previously said it would file a strike notice against Minneapolis Public Schools if no tentative agreement were reached by the end of the ...
1 min read - BusinessTipRanks
Philip Morris Stock (NYSE:PM): Strong Q1 Results to Fuel Gains
Philip Morris (NYSE:PM) posted its Q1 results last Tuesday, with numbers coming in very strong across the board. The global tobacco powerhouse saw impressive growth in both its Heated Tobacco and Oral Nicotine divisions. Even its supposedly waning Combustibles division recorded growth in revenues despite a tiny decline in shipment volumes. With the company poised for continued success, management revised its guidance upwards, forecasting another year of record earnings. Thus, I’m bullish on PM s
4 min read - BusinessBloomberg
Gold Pushes Higher as Fed’s Message and Yen Swings Spur Gains
(Bloomberg) -- Gold edged higher as the Federal Reserve struck a less hawkish tone than expected when holding interest rates steady, and Japanese authorities were suspected to have intervened to support the yen, hurting the dollar.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College Campuse
1 min read - BusinessBloomberg
Yen Bears Stay on Intervention Alert Even as Efficacy Questioned
(Bloomberg) -- A whipsawing yen is fueling speculation that Japanese officials had intervened again to prop up Japan’s flailing currency — a warning for bears that they risk getting burned if they go too far.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: Ho
3 min read - BusinessGuruFocus.com
Insider Sale: CFO Michael Stock Sells 20,000 Shares of Liberty Energy Inc (LBRT)
On May 1, 2024, Michael Stock, Chief Financial Officer of Liberty Energy Inc (NYSE:LBRT), sold 20,000 shares of the company.
1 min read - BusinessReuters
Oil prices rebound on prospect of US replenishing strategic reserve
NEW DELHI (Reuters) -Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world's biggest crude consumer, to start replenishing its strategic reserve, putting a floor under prices. Still, prices fell more than 3% on Wednesday to a seven-week after the U.S. Federal Reserve kept interest rates steady, which may curtail economic growth this year and limit oil demand increase. Crude was also pressured by an unexpected increase
3 min read
