Shares of Bombardier were down over 10% at 46 Canadian cents and those of BlackBerry were 6% lower at C$6.7 in morning trade. Index manager S&P Dow Jones Indices said on Friday it will remove the two companies from the S&P/TSX 60 index effective Monday. BlackBerry shares are down nearly 20% this year so far....
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]...
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]...
Experience a "ride along" with members of Buchanan Hauling & Rigging team as they take a toll gantry from Central Florida down towards South Florida. ...
(Bloomberg) -- The U.S. Supreme Court upheld a crucial permit for Dominion Energy Inc.’s planned $8 billion Atlantic Coast Pipeline, saying the Forest Service acted lawfully by clearing the natural-gas line to cross under the Appalachian Trail.The 7-2 ruling eliminates the biggest obstacle to the 600-mile (965-kilometer) pipeline, which would carry as much as 1.5 billion cubic feet of gas per day from the Marcellus shale basin in West Virginia to customers in North Carolina and Virginia.Dominion pared earlier losses and was trading up .26% at $83.42 at 11:40 a.m. in New York. EQM Midstream Partners LP, which will also benefit from the ruling, was up 16% at $22.57 at 11:41 a.m. in New York, after earlier rising as much as 19%. Equitrans Midstream Corp. climbed 15% to $9.27 after gaining as much as 18%.Dominion, which is developing the pipeline with Duke Energy Corp., has said it expects to begin construction...
(Bloomberg) -- The Trump administration is launching what could turn out to be the biggest attack in a century against the giants of America’s meat industry, which already faced uproar over employee treatment during the pandemic.The Justice Department is bringing criminal charges in the poultry industry just as it opens a formal probe of beef companies. Regulators are also scrutinizing potential price manipulation, and on Capitol Hill, lawmakers are clamoring for a crackdown.The threat from Washington is casting further spotlight on the industry after coronavirus outbreaks saw thousands of workers get sick, forcing plants to shutter. President Donald Trump in early May said he’d have the Justice Department look into beef prices, which more than doubled in about a month.The timing of the moves is interesting given that farmers have long complained about the dominance of just a handful of companies in beef and poultry markets, but antitrust enforcers haven’t before...
