Markets
Australian lithium developer Kidman Resources signs supply contract with Tesla
Western Australia firm Kidman Resources , will supply the pioneering United States auto maker with lithium hydroxide for the vehicles' batteries for three years. In addition to the Agreement with Tesla, Kidman is in discussions with other strategic, globally significant parties also seeking refined lithium offtake. [Full Article...]
United States deal strengthens Ocado's case to be seen as a tech provider
Kroger , which is second only to Walmart in terms of United States market share, with revenues past year of $122bn (£90bn), will also take a 5pc stake in the FTSE 250 firm at a value of £183m. Tim Steiner, Ocado's CEO, used the announcement to underline his belief " Ocado's unique, proprietary and industry-leading technology is set to transform the shopping experience of consumers around ... [Full Article...]
Germany's GDP Growth Slows In Q1
However, the powerhouse German economy grew more slowly than previously thought, expanding by 0.3 percent - or half the pace of the prior three months. German economic growth decelerated unexpectedly in the first quarter of this year on a sequential basis. While a pronounced slowdown had been expected, the outcome fell short of the U.S.'s growth rate of 2.3% in the same period. [Full Article...]
Devon Energy Corporation (DVN) has analyst mean rating score of 2.00
Devon Energy Corporation institutional proprietorship is held at 88.2% and beta stands at 2.21. While these elements are important, what about the near-term performance of the stock? Analysts await Devon Energy Corporation ( NYSE : DVN ) to report earnings on August, 7. [Full Article...]
Alberta passes legislation to cut off oil supply to BC
Brian Ahearn, vice-president in Western Canada for the Canadian Fuels Association, said up to 100,000 barrels per day of refined products including gasoline, diesel and jet fuel flow from Alberta to B.C. Notley said Alberta oil sells at a discount because of tight pipeline capacity and because most of it goes to the United States. The project is facing challenges in three levels of court from th... [Full Article...]
OncoSec Medical (NASDAQ:ONCS) PT Set at $4.00 by HC Wainwright
US retail sales increased a moderate 0.3 percent in April, compared with an upwardly revised 0.8 percent surge in March, as rising gasoline prices weighed on discretionary spending, the Commerce Department said. ASM's price to sales ratio for trailing twelve months is 2.32 and price to book ratio for most recent quarter is 1.10, whereas price to cash per share for the most recent quarter is 17.63... [Full Article...]
Teva Pharmaceutical Industries Limited (NYSE:TEVA): Are Traders Shorting This Stock?
The shares were sold at an average price of $19.68, for a total value of $99,384.00. Some investors may refuse to sell based on various factors. Once the concept of beta is understood, an investor can intuitively determine whether or not a particular stock has a high or low beta. [Full Article...]
Rice Midstream Partners LP (RMP) Forms Bearish Double Bottom Trading at $17.78
YPF Sociedad Anonima (NYSE:YPF) has declined 8.58% since May 16, 2017 and is downtrending. Dominion Energy Midstream Partners, LP (NYSE:DM) now has a Montier C-score of 2. Prnewswire.com's article titled: "WeissLaw LLP: Rice Midstream Partners LP is the Subject of a Legal Investigation" and published on May 01, 2018 is yet another important article. [Full Article...]