Photo Credit: Chris Harrison at Creative Commons Gurgaon-based m-commerce and mobile app and solution company Triotech has received its first round of funding of $3 million from Singapore’s venture capital firm BlueHill Asset Management. The money will be used to expand the number of post offices providing mobile money transfer service across the country through its subsidiary Maverick…
by Ari Charney With Canadian oil and gas producers cutting dividends and slashing budgets, it may be a surprise to some investors that analysts believe the country’s exploration and production (E&P) companies are better positioned to endure crude’s downturn than their U.S. counterparts. North America’s energy renaissance has not only created a glut of production,…
by Ari Charney With Canadian oil and gas producers cutting dividends and slashing budgets, it may be a surprise to some investors that analysts believe the country’s exploration and production (E&P) companies are better positioned to endure crude’s downturn than their U.S. counterparts. North America’s energy renaissance has not only created a glut of production,…
China’s stocks rebounded from the biggest two-day loss in 18 months as construction companies and banks gained amid speculation the government is taking steps to boost lending and provide financial support for companies to develop their overseas business. Sany Heavy Industry Co. and Zoomlion Heavy Industry Science and Technology Co. both rallied 10 percent. China Construction…
Spirit AeroSystems Holdings (SPR – Snapshot Report) delivered a strong “beat and raise” on October 31 that prompted analysts to revise their estimates significantly higher for both 2014 and 2015. This drove the stock to a Zacks Rank #1 (Strong Buy). Despite strong earnings momentum, shares trade at a significant discount to their peers on two key valuation…
If you were to place bets on which companies will win the smartwatch wars, the safe choices would be Apple, Google, and Samsung. They’ve got massive marketing budgets, large-scale manufacturing resources, and billions of dollars to invest in research and development. Just as importantly, their success in smartphones gives them built-in armies of third-party app…
Rounds one and two of Greek presidential elections ended in failure. Recall that it takes a super-majority of 60% of parliament (200 votes), to elect a president, in the first two attempts. The third an final chance takes 180 votes. Even though this is a ceremonial position, should parliament fail to elect a president in…
For those wondering where US shale exploration and production companies will be in about 2-3 years, look no further than the gold miners, where the disconnect between undaunted physical demand and relentless paper supply (after rebounding above 0%, GOFO is once again negative through the 3 month mark), and where high production costs and low selling prices,…
Christmas heralds the last stretch of this year’s holiday season. The U.S. economy is booming and labor market conditions have improved. Other economic indicators have also largely been on the positive side. The latest in this series is an upward revision of third quarter GDP, which now stands at 5%. Taken together, these are perfect…
by Jody Chudley There’s a shocking statistic you need to know about U.S. oil and the outlook for 2015. Today, I’m going to lay it out on the table – with a full case study. Fact is, one U.S. producer may have just let the cat out of the bag during their 2015 guidance announcement….
