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Global equities were mostly lower on Friday ahead of the U.S. payroll data.
Investors also found reports out of China that Inner Mongolia Nailun Group, a fertilizer producer, said it defaulted on its bond payments. As noted by Market Watch, the announcement further hurt the sentiment in the stock market.
"The market still suffers from low confidence and is susceptible to any negative news," Market Watch quoted Zhang Gang, an analyst at Central China Securities. "Investors are mostly concerned about contagion risk emanating from a series of bond defaults."
best way to invest: Frontline Ltd.(FRO)
- [By Lisa Levin]
Wednesday afternoon, the energy shares surged 1.23 percent. Meanwhile, top gainers in the sector included Frontline Ltd. (NYSE: FRO), up 5 percent, and JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO), up 6 percent.
- [By Shanthi Rexaline]
Frontline Ltd. (NYSE: FRO) is projected to post a loss in the second quarter, translating to a zero dividend, Credit Suisse said in a Tuesday note. Notwithstanding the negative opinion, the shares of the company were up in reaction to the possibility of a deal being struck.
- [By Rich Smith]
So what is it that’s supporting DHT’s stock price in the face of sliding shipping rates for crude oil, retreating revenue, and plunging profits? Well, for one thing, rival tanker companyFrontline (NYSE:FRO) made an unsolicited bid to acquire DHT last week, offering to pay $475 million for the company. (DHT is currently valued at $460 million.)
best way to invest: Tyson Foods Inc.(TSN)
- [By Peter Graham]
A long term performance chart shows shares of small cap Sanderson Farms doubling in value while mid cap Pilgrim’s Pride Corporation (NASDAQ: PPC) and large cap Tyson Foods, Inc (NYSE: TSN) have been even better performers albeit shares are below their peaks and have been somewhat volatile:
- [By Elizabeth Balboa]
It’s the same mentality that drove Tyson Foods, Inc. (NYSE: TSN), known primarily for its poultry, beef and pork products, to invest last year in pea protein company Beyond Meat, which produces vegetarian burgers.
- [By Peter Graham]
A long term performance chart shows Bob Evans Farms breaking out while a comparison to possible peers in the remaining core business shows the stock had underperformed large caps Hormel Foods Corporation (NYSE: HRL) andTyson Foods, Inc (NYSE: TSN) and mid cap Pilgrim’s Pride Corporation (NASDAQ: PPC) when it was still in the restaurant business:
- [By ]
Current top ten holdings include Aetna (NYSE: AET), Citigroup (NYSE: C), Phillip Morris (NYSE: PM), and Tyson (NYSE: TSN), among others. The mutual fund is higher by over 19% this year and has more than 90% of its assets dedicated to domestic equities.
best way to invest: Mammoth Energy Services, Inc. (TUSK)
- [By Jack Delaney]
Mammoth Energy Services (Nasdaq: TUSK) provides drilling and related services for North American gas and oil explorers.
Even though Mammoth was just founded in 2014, it had $243 million in revenue between June 30, 2015, and June 30, 2016.
best way to invest: Kering S.A. (PPRUF)
- [By SEEKINGALPHA.COM]
Kering Group (OTC:PPRUF), which operates the Gucci and YSL brands, said on February 10 that 2016 saw a same-store sales increase of 11 percent in Asia ex-Japan, which was mostly led by a rebound in China. LVMH, which owns brands such as Louis Vuitton, Bulgari, and Hennessy, also highlighted positive momentum going forward in its fourth-quarter earnings call with investors. Hugo Boss Group’s mainland China same-store sales also increased close to 20 percent during 2016, adjusted for currency.