Inflation has been the watchword for 2022, but as holiday shoppers go to the mall or order online (yes, it’s on, whether you like it or not), discounting will brighten their prospects, even as it cuts into retailers profit potential. Amazon.com has wrapped up its attempt to duplicate the magic of its Prime Day sale,… Continue reading Holiday Deals: Bargains for Shoppers as Retailers Shed Overstock
CHESAPEAKE ENERGY CORPORATION PROVIDES 2022 THIRD QUARTER EARNINGS CONFERENCE CALL INFORMATION
, /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it will release its 2022 third quarter operational and financial results after market close on Tuesday, November 1, 2022. A conference call to discuss the results has been scheduled on Wednesday, November 2, 2022 at 9:00 am EDT. The telephone number to access the… Continue reading CHESAPEAKE ENERGY CORPORATION PROVIDES 2022 THIRD QUARTER EARNINGS CONFERENCE CALL INFORMATION
Dow soars 550 points in big relief rally as investors weigh key earnings reports
Jennifer Sor Photo by Spencer Platt/Getty Images US stocks soared on Monday in a relief rally as investors await a slew of high-profile earnings reports. The Dow jumped 550 points, and the Nasdaq Composite rose more than 3%. Goldman Sachs warned stocks are still to expensive, even after a 25% drop in the S&P 500… Continue reading Dow soars 550 points in big relief rally as investors weigh key earnings reports
Sakhalin oil project hints at the potential collapse of Russian output when new EU sanctions take effect
The Sakhalin-1 project saw production tumble after Exxon refused to accept local insurance for tankers, sourced told Reuters. Western firms stopped insuring tankers operated by state-run Sovcomflot after Russia invaded Ukraine. The EU’s next round of sanctions against Moscow will include a broader ban on Russian oil tanker insurance, among other energy-related services. Loading Something… Continue reading Sakhalin oil project hints at the potential collapse of Russian output when new EU sanctions take effect
Investing legend Mark Mobius sees interest rates climbing to 9% as the Fed battles against scorching inflation
Interest rates could hit 9% as part of the Federal Reserve’s efforts to bring down inflation, Mark Mobius told Bloomberg TV. if inflation is 8%, “the playbook says you’ve got to raise rates higher than inflation,” he said. Investors are pricing in expectations for the fed funds rate to reach 5% in 2023. Loading Something… Continue reading Investing legend Mark Mobius sees interest rates climbing to 9% as the Fed battles against scorching inflation
Wall Street strategists are throwing in the towel and cutting their S&P 500 price targets. That’s often a good sign for the stock market.
More and more Wall Street strategists are throwing in the towel and cutting their year-end price target.JPMorgan, Oppenheimer, and BMO are the latest Wall Street bulls to lower their expectations.Wall Street strategists getting less bullish on the stock market has served as a contrarian buy signal in the past. Loading Something is loading. Thanks for… Continue reading Wall Street strategists are throwing in the towel and cutting their S&P 500 price targets. That’s often a good sign for the stock market.
It’s time for investors to stop complaining and spending so much, save some money and put it to work
Martin Pelletier: There are several things investors can do to protect themselves in this worsening market environment Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files The latest inflation numbers for the United States came out last Thursday and they were disappointing enough to initially send… Continue reading It’s time for investors to stop complaining and spending so much, save some money and put it to work
Fast food faces challenge to stay affordable
This advertisement has not loaded yet, but your article continues below. Watch: A&W CEO Susan Senecal talks about the impact of inflation on the fast food industry A menu board at the drive-thru outside an A&W restaurant in Urasoe, Okinawa, Japan. Photo by Kentaro Takahashi/Bloomberg files Article content Susan Senecal, CEO A&W Food Services of… Continue reading Fast food faces challenge to stay affordable
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