Browsing Category
Stocks
Quarterly Activities Report for the Period Ended 31 December 2023
Key conversion features of the 2020 Convertible Debentures were as follows. At any time during the term of the 2020 Convertible Debentures, a holder may elect to convert the outstanding net principal amount, or any portion thereof, into…
NVIDIA and AMD: Is the Optimism Getting Out of Control?
In the financial markets when everyone thinks something will happen, usually something else happens. It’s a contrarian principle that should make value-conscious investors reluctant to buy semiconductor stocks now, especially NVIDIA…
Three Reasons Why Goldman Sachs Ended the Year With a Bang
Shares of Goldman Sachs Group (NYSE:GS) were moving higher Tuesday after the white shoe investment bank posted excellent fourth quarter earnings that topped analysts’ estimates. Revenue jumped 7% year-over-year in the fourth quarter to…
One Reason Why Discover’s Stock Price Was Dropping on Thursday
Shares of Discover Financial Services (NYSE:DFS) were plummeting on Thursday after the credit-card issuer released fourth-quarter earnings that missed estimates. While the company posted $4.2 billion in revenue, a 13% year-over-year…
Should You Buy Ally Financial After the Earnings Beat?
Many economists and market experts have called 2024 a transition year — a year when the volatility caused by the pandemic begins to subside and things start to return to some semblance of normalcy. We’ve seen these transitions in corporate…
Should These Big Banks Be on Your Radar?
As bank earnings week continues, investor sentiment toward the sector remains generally mixed. The latest to report their fourth-quarter earnings are the two largest super-regional banks in the country, U.S. Bancorp (NYSE:USB) and PNC…
Toro Energy Limited (ASX: TOE) – Trading Halt
The report continued: "Nuclear power is regarded as a clean energy source because it produces no greenhouse gases when in operation. Countries investing in nuclear energy to cut carbon emissions and battle climate change are boosting the…
JetBlue and Spirit Investors React Differently to Merger Denial
On Tuesday, a U.S. District Court judge in Massachusetts thwarted a $3.8 billion bid by JetBlue Airways (NASDAQ:JBLU) to acquire its rival, Spirit Airlines (NYSE:SAVE). In fact, investors in these two airlines had very different reactions…
Bonanza Gold and Antimony Grades Confirmed at Langdons
The preliminary Q4 results show sales of 1.04 million ounces of gold and 117 million pounds of copper, as well as preliminary Q4 production of 1.05 million ounces of gold and 113 million pounds of copper. The average market price for gold…
Morgan Stanley Earnings: Cut This Banking Giant Some Slack
Earnings season is underway, and as usual, Wall Street is kicking off the season with the largest U.S. banks among the first to report. Among the notable names is industry giant Morgan Stanley (NYSE:MS), which just reported its…