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Gold prices will push towards record highs over the next 18 months as the coronavirus crisis encourages investors to hoard the metal as a hedge against possible turmoil in the wider markets, a Reuters poll showed. Spot gold is one of this year's best performing assets, with prices up almost 20% and above $1,800 an ounce for the first time since 2011....
Every investor in Roku, Inc. (NASDAQ:ROKU) should be aware of the most powerful shareholder groups. Large companies......
Top news and what to watch in the markets on Tuesday, July 21, 2020....
It looks like Pembina Pipeline Corporation (TSE:PPL) is about to go ex-dividend in the next day or two. Ex-dividend......
(Bloomberg) -- South Sudan is banking on a better year in 2021 after efforts to rebuild its oil industry were knocked by the coronavirus and a collapse in crude prices.“We experienced prices that had never been there before and we are running at a loss” along with private operators, Awow Daniel Chuang, the undersecretary in the Ministry of Petroleum, said in an interview in Juba, the capital. “We have been affected much more than others because South Sudan, being a new country just emerging from war, has a lot of challenges.”South Sudan’s official oil production dropped 20,000 barrels to 170,000 barrels a day as lockdowns to control the pandemic delay the moving of production equipment and materials. The commodity is the landlocked, East African nation’s only major export and its success is crucial to an economy shattered by five years of conflict.Plans to boost output have also been delayed because the...
Synaptics Inc (SYNA) has signed a definitive agreement to buy DisplayLink Corp., a high-performance video compression technology company, for $305 million in an all-cash transaction.Synaptics expects the deal to add about $94 million in annualized sales and be immediately accretive to non-GAAP gross margins, non-GAAP operating margins, and non-GAAP earnings post-close. The transaction, which is expected to close in the company’s first quarter of fiscal year 2021, will be financed from existing cash on hand.DisplayLink’s high performance software compression technology enables universal docking and casting of high bandwidth video from any device to any display using any transport medium such as USB, Ethernet or Wi-Fi. For the enterprise IT market, the solution is applicable in multi-OS environments including Windows, MacOS, ChromeOS and Ubuntu Linux allowing for a myriad of devices to seamlessly dock to multiple high resolution (4K, 8K) displays.“Several market trends such as work from home (WFH), bring your own device...
