Once again, the price of West Texas Intermediate (WTI) crude oil has surpassed the $80 per barrel threshold and is likely to remain robust this year. According to projections by the U.S. Energy Information Administration (“EIA”),
Johnson & Johnson JNJ announced a definitive agreement with Swiss biotech Numab Therapeutics to acquire global rights to NM26, a phase II-ready bispecific antibody for atopic dermatitis (“AD”). To execute the deal, Numab Thera
Goldman Sachs has raised its forecast for global oil demand, predicting robust growth until 2034. The investment bank now anticipates crude usage to peak at around 110 million barrels per day (bpd) by that year, largely due to slo
MediWound (MDWD) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.
LyondellBasell Industries N.V. LYB recently partnered with CORADIN and Dermalogica to develop a more sustainable solution for the Greenis Dispenser, utilizing its CirculenRecover solution in the award-winning packaging. The best P
Interactive Brokers Group IBKR operates as an automated global electronic market maker and broker. Analysts have positively revised expectations across the board, landing the stock into a Zacks Rank #1 (Strong Buy).
Cracker Barrel Old Country Store CBRL owns and operates full-service dining locations with a restaurant and a retail store in the same unit. Analysts have taken a bearish stance on the company’s outlook, pushing it down into an un
Apple Inc.’s (AAPL) shares rose 0.1% following news that the company’s iPhone sales in China surged 52% year over year in April.Shares of GameStop Corp. (GME) soared 25.2% after the company said that it had raised $933 million by
Note: ANF’s FY’23 ended on February 3, 2024.Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, is scheduled to report its fiscal first-quarter results on Wednesday, May 29. We expect ANF stock to likely trade lower with rev
Barclays’ stock (NYSE: BCS) has gained 38% YTD, as compared to the 11% rise in the S&P500 over the same period. In comparison, Barclays’ peer Deutsche Bank (NYSE: DB) has seen its stock rise 24% over the same period. Overall, BCS is currently trading jus
July ICE NY cocoa (CCN24 ) on Tuesday closed up +486 (+5.86%), and July ICE London cocoa #7 (CAN24 ) closed up +261 (+3.83%). Cocoa prices Tuesday surged to 2-week highs. Lower cocoa production in the Ivory Coast, the world's largest producer, is a major bullish factor for cocoa prices....
July ICE NY cocoa (CCN24 ) on Tuesday closed up +486 (+5.86%), and July ICE London cocoa #7 (CAN24 ) closed up +261 (+3.83%). Cocoa prices Tuesday surged to 2-week highs. Lower cocoa production in the Ivory Coast, the world's largest producer, is a major bullish factor for cocoa prices....
Nvidia's dividend hasn't kept pace with its earnings growth, and after accounting for the steep rise in its share price, the company's dividend yield is a mere 0.038%. Should NVDA consider a special dividend in 2024 to reward shareholders?
Soybeans came out of the holiday weekend with contracts 2 to 18 ½ cents in the red, led by the front months on bear spreading. Soymeal was leading the losses with contracts down $4 to 9.90/ton. Soy Oil posted strength on the day, with contracts up 42 to 57 points....
The wheat complex jumped out of three-day weekend, but the morning session brought along some heaviness, with contracts pulling well off the overnight highs. Chicago contracts were steady to 3 cents in the green at the close. Kansas City futures were up 2 ¾ to 10 cents across the board....
Lean hogs saw mixed trade on Tuesday with front months down 7 to 80 cents and deferreds 7 to 17 points higher. USDA’s National Average Base Hog negotiated price was up $1.19 in the Tuesday afternoon report $87.75. The CME Lean Hog Index was down another 14 cents on May...
Live cattle posted gains of 45 cent to $1.40 on the Tuesday session. Cash trade last week saw action at $187 in the south, with trade in the north mainly at $192, with some coming in at $193.50. Feeders were the leaders on the day, with contracts up $2.90 to...
Cotton futures came out of the Monday holiday with contracts posting 31 to 191 point gains. Outside factors are providing some support, with crude oil up $1.55/barrel and the US dollar index down 93 points. The weekly Crop Progress report showed 59% of the cotton crop planted as of Sunday,...
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