AutoNation plans to give back $77 million from its small-business loanThe shares of AutoNation, Inc. (NYSE:AN) are on the rise after the automotive retailer said it will return $77 million it had previously received from the U.S. Paycheck Protection Program (PPP). Following cost-cutting measures and a revision of the loan program's guidelines, AutoNation came to the conclusion of returning the for...Read More
Oil prices are sitting out the broad-market rally today, thoughDow Jones Industrial Average (DJI) futures are ready to start the final week of the month with a triple-digit move above fair value this morning. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also getting a lift, as optimism builds that parts of the U.S. economy will be phased into reopening soon. New York Gover...Read More
As of now, a couple of things are looking different with respect to the 2007-2009 bear market and this year's plunge in both the economy and the stock market: The Fed has acted much more aggressively in cutting rates, and massive stimulus packages have come much sooner, unlike how the slower-moving financial crisis unfolded. This is likely because the pandemic-related crash in the economy was deep...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF |FRA:WK3D) (the "Company" or "Siyata") is pleased to announce the launch of the 4G/LTE UR5 rugged device for the first responder and enterprise mobile workforce. The UR5 is "Rugged and Ready" to handle the most vigorous work environments encountered by enterprise workers and first responders on the front line of defense.The UR5 i...Read More
Shares of gold miners and funds dealing in the precious metal have rallied in recent weeks as the coronavirus crisis rocked global markets and investors raced to buy safe-haven assets.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN took a breather and pulled back 6.67 points or 0.8% to close at 844.66.MACD pulled back 11.72 points to 9.7. RSI retreated slightly, by 1.26 points, to 50.86. in the last two weeks, it has remained in a very tight range.Support moves up to 810 (20-day moving average...Read More
Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More
Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More
Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More
Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More
Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More
*This interview was recorded on 4/21/20Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his...Read More
Billionaire activist investor Carl Icahn discusses investment strategy, his short of the derivatives index CMBX 6, and his refiner CVR Energy's large-scale purchase of oil on Monday. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Markets: The Close."Carl Icahn is an American business magnate, investor, activist shareholder, and philanthropist. He is the founder and majority shareholder of...Read More
Robert hosted his first-ever Instagram Live and had a very candid conversation with the creator of Valuetainment on Youtube, Patrick Bet-David about the future of the global economy in the midst of a major financial crisis. Watch to find out what Robert thinks will happen to the middle-class in what he calls the "new economy," what type of leader the country needs right now, and what millennials h...Read More
G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of The Creature from Jekyll Island: A Second Look at the Federal Reserve, a critique of much modern economic theory and practice, specifically the Federal Reserve System.Read More
Peter Schiff, CEO of Euro Pacific Capital, talks about markets, the gold/siver ratio, gold prices, Jeff Gundlach possibly stealing his ideas and posting them on Twitter, gun ownership, Kim Jong Un, the dollar's coming collapse, the mainstream financial media, the Fed, his diet, questions from my listeners and a million other things.Peter Schiff is an internationally recognized economist specializi...Read More
Financial writer and professional trader Rick Ackerman says he likes gold because even in deflation, debt default and destruction, "Gold will hold its value. . . . Gold is catching on now because of uncertainty and not inflation-yet."In closing, Ackerman says, "I still believe we are going to have a deflationary abyss to cross before we get to the hyperinflation of the mind where people realize th...Read More
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a p...Read More
"Misleading information is like the challenge of our industry right now," Dorsey said.Continue...Read More
Twitter has suspended the account of a Colorado biotech company which is working with Cedars-Sinai to test and develop a potential coronavirus treatmentContinue...Read More