(IDEX Online) - De Beers yesterday reported $540m of rough sales during Cycle 3, boosted by "encouraging positive trends" in consumer demand, especially in China.The provisional figure is 8.5 per cent higher than Cycle 2, but 4.5 per cent lower than Cycle 3 of 2022.Last month De Beers announced a drop of 24 per cent in its Cycle 2 sales, as uncertainty persisted and many sightholders delayed purch...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:35 AM EDT.Index futures moved higher following release of the March Producer Price Index at 8:30 AM EDT. Consensus was an increase 0.1% versus a decline of 0.1% in February. Actual was a drop of 0.5%. On a year-over-year basis, Consensus was an increase 3.1% versus 4.9% in February. Actual was an increas...Read More
By now you're certainly aware of the recent intelligence leaks of secret and top-secret U.S. military assessments of the ongoing Russian military operation in Ukraine.If we blow through the puffery, the bottom line is that military experts in Washington all but predict that Russia is set to prevail, and Ukraine is set to lose.And what does it mean to you? Well, the world is about to change, and I...Read More
Happy Thursday from Northern Italy!Most economists agree that there's an inverse relationship between women's literacy and birth rates.Economists concluded that the more women read (and are educated), the less they want children.I've always thought that conclusion didn't match reality. I believe that the more women can do the math, the less children they want (for lifestyle reasons).That is, numer...Read More
Sylla Gold Corp. (TSXV:SYG) (OTCQB:SYGCF) (Read full newsRead More
La-Z Boy's quarterly results showed promise; however, a slight slowdown in demand is possible. Read more to see why I rate LZB stock a strong Buy.Read full newsRead More
Brilliant Earth is an environmentally sustainable jeweler catering to younger, tech-savvy consumers. Read more to see why I rate BRLT stock a Hold.Read full newsRead More
Numinus Wellness Inc. (OTCQX:NUMIF) Q2 2023 Results Conference Call March 13, 2023 5:30 PM ETCompany ParticipantsJamie Kokoska - Vice President, Investor RelationsPayton Nyquvest - Founder...Read full newsRead More
Imperial Petroleum proposed to spin off two Handysize dry bulk carriers into a new Nasdaq-listed entity called C3is Inc. See why I rate IMPP stock a Sell.Read full newsRead More
Economic factors will keep Commerce Bancshares's loan growth from dipping below the historical average. See why I'm maintaining a Hold rating on CBSH stock.Read full newsRead More
United Airlines Holdings, Inc. lowered guidance for Q1 in March, driven by timing of labor agreements and seasonality. Click here for our preview of UAL earnings.Read full newsRead More
Crown Holdings, Inc. looks towards improved margins this year as it recovers from inflationary pressures in 2022. Click here for our take on CCK stock prospects.Read full newsRead More
International Business Machines Corporation is in the middle of a turnaround, with IBM streamlining its business. Click for more on IBM stock prospects.Read full newsRead More
Bitcoin may have struck a long-term bottom, but at the very least, I expect a substantial correction in the next few months. Find out if BTC-USD is a good investment.Read full newsRead More
Core Molding Technologies, Inc. recently announced solid Q4 FY22 and FY22 results. Click here to read my analysis of CMT stock.Read full newsRead More
In this article, I start by highlighting the macroeconomic challenges facing CSX and recent comments from Morgan Stanley. Read more here.Read full newsRead More
Avant Brands Inc. (OTCQX:AVTBF) Q1 2023 Earnings Conference Call April 13, 2023 4:00 AM ETCompany ParticipantsStephanie Martens - Investor RelationsMatt Whitt - Chief Financial...Read full newsRead More
Lakeland Industries, Inc. (NASDAQ:NASDAQ:LAKE) Q4 2023 Earnings Conference Call April 13, 2023 4:30 PM ETCompany ParticipantsCharlie Roberson - Chief Executive OfficerRoger Shannon - Chief...Read full newsRead More
XLK ETF's exclusive focus on technology could give it a significant edge over potential alternatives in the long term. Learn why I rate XLK a Buy.Read full newsRead More
With the more than 50% decline in lithium prices, from all-time highs lithium mining stocks have taken a beating, making this a good potential entry point.Read full newsRead More