The world's largest oil producer, Saudi Aramco, set the share price for the company's much-anticipated IPO yesterday at 32 riyals (about US$8.50), which will raise about $25.6 billion in new capital. That would put the value of Saudi Aramco at around US$1.7 trillion and make it the largest IPO ever.The pricing of Saudi Aramco's IPO beats out the previous record holder, Alibaba Group, by a good mar...Read More
U.S. iron ore producer Cleveland Cliffs (NYSE: CLF) is acquiring AK Steel (NYSE: AKS) in an all-share transaction valued at US$1.1 billion.Cliffs, North America's largest producer of iron ore pellets, is offering shareholders of mid-tier steelmaker AK Steel 0.40 shares of Cliffs' common stock for each common share they own of AK Steel.Once the transaction is complete, Cliffs shareholders would own...Read More
The global auto industry will produce 88.8 million cars and light trucks this year, an almost 6% drop from a year ago, according to researcher IHS Markit, quoted by Bloomberg News.Electric cars have been a bright spot, but due to a cut in subsidies, China's automobile manufacturing industry body recently said fewer new energy vehicles (NEVs as they are termed domestically, which includes battery-p...Read More
The year 2019 has been good for gold. In many currencies gold recorded all-time highs (i.e. euro, Canadian dollar and Australian dollar), with the exception of the U.S. dollar. As things stand, 2020 will become a good year for gold as well because the factors supporting higher gold prices already present in 2019 will remain in 2020, such as negative interest rates, rising debt levels and the centr...Read More
Time-lapse progress of some of the key aspects of bringing Alphamin's Mpama North mine at Bisie into production.Read More
"$INTC - Intel: Currently A Low Growth Dividend Stock - IoT Is The Future. Sign up for updates on Seeking Alpha! https://t.co/hJfaEj8BRZ #markets #stocks #investing"Read full newsRead More
Greg Newman, senior wealth advisor, director and portfolio manager at Scotia Wealth Management, says the battered Canadian energy sector is worth a serious look by investors because valuations areRead full newsRead More
Greg Newman, senior wealth advisor, director and portfolio manager at Scotia Wealth Management, says the battered Canadian energy sector is worth a serious look by investors because valuations areRead full newsRead More
"$TD - The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q4 2019 Results - Earnings Call Transcript. Continue reading: https://t.co/zQvxlZRHfO #trading #business #investing"Read full newsRead More
"Surveilling The Laggards Part 4: Merck Nears Late 2000 All-Time High, While Pfizer Restructures For Growth. Keep reading: https://t.co/dbBI56Af7m #markets #investing #finance"Read full newsRead More
"$SAIC - Science Applications International Corporation 2020 Q3 - Results - Earnings Call Presentation. Sign up for updates on Seeking Alpha! https://t.co/cfhWhGAVoe #trading #economy #stocks"Read full newsRead More
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"$AZZ - AZZ Inc. (AZZ) CEO Tom Ferguson on Q2 2020 Results - Earnings Call Transcript. Subscribe to Seeking Alpha for more: https://t.co/PxcMUUMvNM #investing #economy #trading"Read full newsRead More
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There's a reason why White Spot is Canada's longest-running restaurant chain after being founded in 1928 in BC - its high-quality and great tasting meals, for breakfast, lunch, and dinner at 61 locations in BC and three in Alberta. White Spot is home to delicious entrees and beverages that appeal to a wide range of guests, and is a great place to take your family and friends for an awesome meal. Y...Read More
There's a reason why White Spot is Canada's longest-running restaurant chain after being founded in 1928 in BC - its high-quality and great tasting meals, for breakfast, lunch, and dinner at 61 locations in BC and three in Alberta. White Spot is home to delicious entrees and beverages that appeal to a wide range of guests, and is a great place to take your family and friends for an awesome meal. Y...Read More
"$ZM - Zoom Video Communications, Inc. 2020 Q3 - Results - Earnings Call Presentation. Get more info on Seeking Alpha: https://t.co/FzCQ6tmUjQ #investing #business #stockmarket"Read full newsRead More
"U.K. PMI Signals Falling Output, Demand And Jobs As Election Nears. Sign up for updates on Seeking Alpha! https://t.co/gQyTbRAaEg #business #economy #stockmarket"Read full newsRead More