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FedEx Shares Down 13.5% on Earnings and Global Trade Concerns

FedEx Corp. shares are trading much lower today after it reported Q1/20 earnings. The firm confirmed it will raise prices by 4.9% to 5.9% in January 2020. After the close of trading yesterday express air freight carrier FedEx Corp. (FDX:NYSE) announced consolidated...
Streetwise Reports | September 19, 2019 |

Nordic American Benefiting from Exceptionally Strong Tanker Market

Shares of Nordic American Tankers are trading 16.5% higher today setting a 52-week intraday high stock price as the company reported great demand for its Suezmax oil tankers. Hamilton, Bermuda-headquartered international tanker company Nordic American Tankers Ltd. (N...
Streetwise Reports | October 9, 2019 |

J.B. Hunt Shares Open Nearly 8% Higher Following 2nd Quarter Earnings Release

J.B. Hunt shares opened nearly 8% higher today after reporting Q2/19 earnings and a 6% increase in revenue over the same period in Q2/18. J.B. Hunt Transport Services Inc. (JBHT:NASDAQ) shares opened up 7.61% today after the company announced Q2/19 net ea...
Streetwise Reports | July 17, 2019 |

BP, Royal Dutch Shell, Total - which tanker companies are getting booked now?

The contact restrictions around the globe have led to a decrease in the consumption of crude oil. A large part of the crude oil produced worldwide comes from OPEC countries. These countries depend mainly on the sales revenues from the black gold with their national budgets. Th...
Mario Hose | April 21, 2020 |

Shipping Rates Plunge, Commodities and Stocks May Follow

An almost immediate reaction to the Coronavirus outbreak in China and throughout most of the world has sent shock-wave through the global markets – particularly seen in Shipping and Oil. The actions within China to attempt to contain the virus spread include shutting down en...
Chris Vermeulen | February 12, 2020 |

US is winning trade war with China...for now

The ongoing battle between the United States and China for economic supremacy isn’t only being fought in the gilded ballrooms of Washington, as trade negotiators from either side parry over automobile parts content, intellectual property rights, government su...
Richard (Rick) Mills | June 3, 2019 |

Chembio Launches COVID-19 Test that Provides Quick Results from a Simple Finger Stick

Chembio Diagnostics shares traded higher and set a new 52-week high price after the company reported that it has launched a DPP® COVID-19 serological point-of-care test which can deliver IgM/IgG antibody results in 15 minutes using a simple finger stick. ...
Streetwise Reports | April 2, 2020 |

Low-Cost Nevada Gold-Silver Project Provides Lots of Leverage

Low acquisition and exploration costs and high-grade sampling are some of the reasons why two industry observers have a Buy rating on this company. Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) is exploring the Nevada Rand property in Mineral County, Nevada, not ...
Streetwise Reports | January 22, 2020 |

NextSource Materials: A Vertically Integrated Global Graphite Producer

NextSource Materials Inc. is a battery materials development company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals to power the ...
Simon Druker | April 26, 2023 |

Stop feeding the Chinese ‘Belt and Road’ trojan horse

“ Whoever has an army has power.” - Mao Zedong In March Italy broke ranks with its EU partners in joining China’s Belt and Road Initiative, known also as One Belt, One Road or the New Silk Road. Students of history know the original...
Richard (Rick) Mills | May 1, 2019 |
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