Newsletter
There is a coming bull market for oil stocks
If you thought the bull market was all made up of speculative tech stocks, cryptocurrencies, and electric car companies, then you should change your mind. By far the strongest sector in the S&P for 2021 is the energy sector. The price of crude oil has …
Adidas presents a new five-year-plan
The German sporting goods manufacturer Adidas (OTC: ADDYY) wants to double its e-commerce sales by 2025 and make its products more sustainable. This is part of a five-year plan to bring profitability closer to that of rival Nike (NYSE: NKE). Adidas is …
Peru´s mining minister promises a new copper production record
Peru's copper production could hit a record 2.5 million tons in 2021, well above the 2.15 million tons produced last year, Energy and Mining Minister Jaime Gálvez said Tuesday. Gálvez said recent mine expansions would help the world's second largest copper …
The good manufacturing practices for cannabis are still not standardized
There has been a significant change in the world of cannabis in the past 24 months. Namely, the entire market, no matter where it exists, is being much more certified and regulated. The days of piracy may not be quite over, but at this point the writing is on …
Campbell is facing a challening quarter
Campbell Soup (NYSE: CPB) Co said Wednesday that it expects sales in the current quarter to come under pressure due to disruptions in the supply chain caused by a major winter storm and deep freeze that engulfed several US states . The soup and snacks maker, …
Cannabis Rx at the forefront of cannabis distribution in Germany
Here is the post-COVID-19 fantasy for North Americans. Imagine going to your average corporate pharmacy, submitting a prescription for medicinal cannabis (including flower) written for you by a licensed medical professional, and walking away with a monthly …
Is Dogecoin nothing but another crypto pump-and-dump?
Eccentric billionaire and Dallas Mavericks owner Mark Cuban has raised serious concerns about the bitcoin / crypto craze in the past. But Cuban recently made a 180-degree turnaround in terms of cryptocurrencies, claiming that if he started a business today, it …
Newmont confirms takeover of GT Gold
Newmont (NYSE: NEM) (TSX: NGT), the world's 1 gold mining company, is acquiring all of the shares in Canadian exploration company GT Gold (TSX-V: GTT) it does not already own in a cash transaction valued at approximately 393 C $ million (C $ 311 million). The …
Salesforce now has a tool targeting Covid-affected businesses
Salesforce.com, Inc. (NYSE: CRM) announced its newest product, Rebate Management. The company continues to be a pioneer in finding and developing solutions that help companies overcome pandemic-related business challenges. In May, Salesforce had the …
Saudi Arabia to increase security around its oil facilities
Saudi Arabia will take steps to deter attacks on its oil facilities, its foreign minister said Wednesday after an attack on the heart of industry earlier this week by the Iranian-allied Houthi movement in Yemen. Prince Faisal bin Farhan Al Saud said at a press …