Speculation that the U.S. is considering a ban on aluminum from Russia contributed to a brief spike in prices for the metal a week ago, but some consumers have already Read more
Tag: Primary Metals
Helena Bonham-Carter’s cousin indicted for allegedly helping Russian oligarch evade sanctions
A UK property manager who is a relative of Oscar-nominated actress Helena Bonham Carter, has been indicted in the U.S. for allegedly helping Russian oligarch Oleg Deripaska evade sanctions. Graham Read more
Cannabis stocks rocketed to record day after Biden lit the fuse
Cannabis stocks shot to record gains Thursday after President Joe Biden formally sought to review how marijuana is classified under federal law, a change that pot companies in the U.S. Read more
What’s in store for natural gas, oil and iron ore in the fourth quarter?
With less than three months left in 2022, natural gas has led the gains among actively traded commodities on the futures markets, given tight U.S. supplies and an energy crisis in Europe. Read more
Highly sanctioned Russian oligarch with close ties to Putin indicted for sending flowers, arranging for child to be born in the U.S.
Aluminum tycoon Oleg Deripaska, a Russian oligarch with close ties to Vladimir Putin, has been indicted for allegedly evading U.S. sanctions through hidden financial transactions, including sending people flowers and Read more
Tesla, Take-Two and Exxon are among the exceptions to this big problem for stock prices
Over the long haul, stock prices are pushed higher by steady increases in estimates for companies’ sales and earnings. But this process has been reversed recently for many sectors and Read more
Norsk Hydro to initiate share buyback program
Norwegian energy and aluminum company Norsk Hydro ASA said Friday it has decided to initiate a share buyback program that will see up to 100 million shares purchased for a Read more
Tesla, Take-Two and Exxon are among the exceptions to this big problem for stock prices
Over the long haul, stock prices are pushed higher by steady increases in estimates for companies’ sales and earnings. But this process has been reversed recently for many sectors and Read more
Analyst slashes revenue outlook for Trulieve, Curaleaf, Canopy, Cronos as cannabis business takes a hit
Jefferies analyst Owen Bennett trimmed revenue expectations for four major cannabis names from the U.S. and Canada, but kept his ratings intact on the heels of quarterly updates from Curaleaf Read more
These stocks soared up to 12% after inflation cooled
Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or Read more