Morgan Stanley slashes oil price forecastsMorgan Stanley oil analyst Martijn Rats has cut his oil price forecasts“Over the last year we have argued that oil supply would be tight-enough-for-long-enough that […]
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Warren Buffer
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Walmart Cuts Q2, FY Profit Outlook; Stock Down
Walmart Cuts Q2, FY Profit Outlook; Stock DownWalmart Inc. (WMT) cut its profit outlook for the second-quarter and fiscal year 2023, saying that high food and fuel prices are hurting […]
Gold Slips as Investors Prepare for Fed’s Jumbo Rate Hike
Gold Slips as Investors Prepare for Fed’s Jumbo Rate HikeGold headed back down after posting the biggest weekly gain since May as investors weighed prospects for tighter US monetary policy […]
Cars, Gas power May Retail Sales
Cars, Gas power May Retail SalesCanadian retail sales jumped 2.2% in May, beating economists’ expectations. Good news right? Well, not really. The gain was driven more by higher prices, especially for gas, […]
Newmont’s (NEM) Earnings and Revenues Lag Estimates in Q2
Newmont’s (NEM) Earnings and Revenues Lag Estimates in Q2Newmont Corporation NEM reported net income from continuing operations of $379 million or 48 cents per share in second-quarter 2022, down from $640 […]
Newmont Announces Second Quarter 2022 Results
Newmont Announces Second Quarter 2022 ResultsBusiness Wire – Mon Jul 25, 6:00AM CDTNewmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2022 results.SECOND QUARTER 2022 RESULTSProduced 1.5 […]
Japan slashes fiscal year GDP growth forecast to 2% on global demand slump
Japan slashes fiscal year GDP growth forecast to 2% on global demand slumpJapan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting […]
GM, Ford confront Wall Street’s recession fears
GM, Ford confront Wall Street’s recession fearsGeneral Motors Co and Ford Motor Co are about to replay a script they have played out many times before – trying to convince […]