Archives

Year:

Month:

World News

Lockheed (LMT), Thales bag plum US Army orders amid Ukraine war

The US Army has signed deals with Lockheed Martin Corp (NYSE: LMT) and French defence group Thales for Javelin missiles and advanced tactical radios as the Ukraine war intensifies. The Javelin missiles, a portable surface-to-air missile supplied t...

May 16, 2022 02:45 PM PDT
Team Kalkine Media

Market Updates

US indices close mixed despite energy rally; SAVE, CVX surge

Wall Street's main indices closed mixed on Monday, May 16, as a downbeat Chinese economic data overshadowed gains in energy stocks, while tech shares continued their downward march. The S&P 500 fell 0.39% to 4,008.01. The Dow Jones rose 0.08% to...

May 16, 2022 02:24 PM PDT
Rupam Roy

Stock Market

Warren Buffett packs a punch as he goes bottom-fishing for stocks

Highlights: Warren Buffett’s eternal advice to investors: Be greedy when others are fearful. Berkshire bought 901,768 shares of Occidental Petroleum Corp. (NYSE: OXY) last week. Buffett’s Berkshire took up an 11% stake in HP Inc. (...

May 16, 2022 11:56 AM PDT
Team Kalkine Media

Retail Stocks

DDS to PAG: Five retail stocks to watch amid rising inflation

Highlights  Dillard's, Inc. (NYSE: DDS) has a P/E ratio of 6.5 and a dividend yield of 0.25%. Murphy USA Inc. (NYSE: MUSA) stock has a P/E ratio of 12.97. Its dividend yield is 0.47%, with an annualized dividend is US$1.24. Penske Automot...

May 16, 2022 11:16 AM PDT
Versha Jain

Metal & Mining Stocks

Top metal & mining stocks to explore: FNV, WPM, NEM, VALE, & GOLD

Highlights: Franco-Nevada Corporation (NYSE: FNV) revenue in Q1, FY22 increased by 10% YoY. Wheaton Precious Metals Corp (NYSE: WPM) reported net earnings of US$157.46 million in Q1, FY22. Barrick Gold Corporation (NYSE: GOLD) returned over 10...

May 16, 2022 09:11 AM PDT
Rupam Roy