The Shareholders Foundation announces that a deadline is coming up on July 20, 2015 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Sprint Nextel Corporation stock (NYSE:S) between October 26, 2006 and February 27, 2008. Investors who purchased a significant amount of shares of […]
Silver Ridge Resources: Smart Money Eyeing Oil Stocks
Silver Ridge Resources says it is among the voices calling for a closer look at battered oil stocks after huge falls over the last 9 months. Silver Ridge Resources has published its latest conviction buy list and revealed a heavy bias towards oil production and energy stocks despite heavy falls in the sector since oil […]
Future of Global Mining Hinges on Asia
The continuing slowdown in China is affecting the global economy’s growth, and it is the mining segment that suffers most. A lot of mining companies across the globe is suffering because demand for most extracted commodities such as base metals is continuously decreasing, and such is altering the global mining commerce radically. China and Japan, […]
Slow Growths but Feds Are Committed
To start, consider an increasingly important factor that weighs on foreign trade, imports are growing faster (+ 10.1%) than exports (+ 4.5%), which widens the trade deficit. In June, the US economy will celebrate its sixth consecutive year of growth, fourteen months longer than the average periods of recovery since the postwar period. The record […]
Union International – Rouble In Freefall As Oil Tracks Lower
Union International: Russians buying goods and assets to try to preserve wealth as rouble’s slide deepens. According to Union International, the continuing slide in global oil prices combined with the effects of international sanctions have sent Russia’s currency into a deep and damaging plunge to a recent low of 72 to the US dollar. Despite […]
Mukesh Ambani declared the Richest Indian of 2015
The Forbes list of the richest men of 2015 is out. The Chairman of Reliance Industries Limited (RIL), Mukesh Ambani, is announced to be the richest in the country for the eighth consecutive year. Mr. Ambani has a net worth of USD 21 billion and globally ranks 39th. The industrialist to top the global list […]
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