Month: December 2022

Skeleton Week on Earnings, Economic Reports

Tuesday

U.S.

Economic Lookahead

U.S. manufacturing PMI (Dec.)

Construction Spending (Nov.)

Featured Earnings

Legend Biotech Corporation (NASDAQ:LEGN) (Q3) Reported EPS loss of 69 cents, compared to a loss of 43 cents in the prior-year quarter.

Grupo Financiero Galicia (NASDAQ:GGAL) (Q4) Reported EPS of 24 cents, compared to 66 cents in the prior-year quarter.

Canada

Economic Lookahead

Markit Canada Manufacturing PMI (Dec.) The index recorded 49.6 in November, up from 48.8 in October to signal a slower rate of contraction. Nonetheless, the PMI has now posted below the 50.0 no-change mark for four months in a row.

Featured Earnings

None to Report This Week

Wednesday

U.S.

Economic Lookahead

ISM manufacturing index (Nov.)

Job openings and quits (Nov.)

Motor vehicle sales (Dec.)

FOMC Minutes

Featured Earnings

Banco Santander (Brasil) S.A. (NYSE: BSBR) (Q4) Reported EPS of 18 cents, compared to nine cents in the prior-year quarter. … Read more

If you don’t foster this skill, you’ll fall behind the pack financially and professionally in 2023.

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India is one of the biggest drivers of global energy demand growth and has long been a leading element in price forecasts. With an economy growing as fast as China’s, perhaps even faster, India has been the source of much oil and gas price bullishness. This may be about to change. The global central bank drive to rein in inflation has focused on interest rate hikes even if they risk damaging economic growth. The developed world is already suffering the consequences of this monetary policy. Now, it’s spreading to the developing world and India specifically.

Reuters John Kemp noted in a recent column that India is experiencing the effects of tightening monetary policies as higher interest rates lead to weaker trade flows, which he says would likely lead to weaker energy demand on the subcontinent.

India’s electricity generation surged earlier this year, and oil consumption hit a record high of … Read more

Two Wisconsin teachers missed their cruise ship departure because their Southwest flights and thousands of others were canceled.

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An 18-page Industry Report was recently published by eResearch Corp. (www.eresearch.com) titled “Vanadium: Powering the Renewable Energy Revolution – Your Guide to Understanding and Investing in Vanadium Companies”.

This free industry report is a comprehensive overview of the vanadium industry, including its supply and demand factors, uses for vanadium, and how it is emerging as a battery metal for energy storage in solar and wind applications.

The report also covers 33 mining companies that focus on vanadium exploration and mining, including a detailed overview of Currie Rose Resources (TSXV:CUI). Currie Rose is an advanced, resource-stage company with a vanadium project in Australia that eResearch believes is undervalued when compared with some of its peers. Other companies mentioned in the report include Bushveld Minerals (AIM:BMN), Evraz PLC (LSE:EVR), Glencore PLC (LSE:GLEN), and Largo Inc. (TSX:LGO).

There are four main reasons to look at investing opportunities in vanadium … Read more