Three Global Threats that Keep Stonecap Securities Analyst Up at Night
Source: Zig Lambo of The Energy Report (3/28/13)
As the demand for oil and gas grows worldwide, investors have to look beyond their geographic comfort zones and seek out opportunities in places less familiar than just North America. In this interview with The Energy Report, Amin Haque, energy analyst at Stonecap Securities, reviews his current thinking on some of the risks [...]
September is going to be a busy month for Apple.
KGI Securities analyst Ming-Chi Kuo wrote in a research note Monday that Apple is planning to release the next iPhone in early September, followed by the new iPad Mini later that same month.
“iPhone 5 to debut in September. But due to in-cell touch panel and casing yield rate limits, ability to offset older models’ shipments decrease will be moderate,” Kuo writes in the note, via MacRumors.
Kuo has [...]
(Excerpt) Read more at thehalsreport.com …
SEOUL — South Korean shares tumbled 4.87 percent soon after the announcement that North Korean leader Kim Jong-Il had died.
The benchmark KOSPI fell 89.36 points to 1,750.60 minutes after the news before edging back up slightly.
North Korean state media said on Monday that the 69-year-old died of a heart attack on Saturday, plunging the impoverished nation into uncertainty.
The official Korean Central News Agency (KCNA) urged people to [...]
Global gold production may have hit a record last year, but that doesn’t mean the stuff is getting easier to find. Clarus Securities analyst Laurie Curtis wrote that the growing difficulties in finding gold suggest that high-grade deposits will command a stronger premium over time.
Citing data from the Society of Economic Geologists, Mr. Curtis noted that the number of deposits and total ounces found peaked in [...]
Goldman Sachs Group Inc. is in trouble again.
Still reading? If you are, you must be a Goldman employee, regulator, class-action lawyer, financial journalist or trolling the Internet for news about Steve Jobs. (See how I dropped the name to make this column more Google-friendly?)
No one seems to care much about Goldman’s latest troubles, and many Americans seem numb to more allegations of wrongdoing related [...]
AMSTERDAM – Royal Dutch Shell PLC, Europe’s largest oil company, Thursday reported booming profits of $8.78 billion in the first quarter, up 60 percent from a year ago thanks to higher oil prices, gains on asset sales and improving refining operations.
Prices at the gas pump, now nearly $4 per gallon in the U.S., are higher than warranted by the supply of oil, Chief Financial Officer [...]
TOKYO (AP) — Toyota’s car production in Japan plummeted a staggering 62.7 percent in March due to a parts supply crunch following the earthquake and tsunami.
Toyota Motor Corp., the world’s top-selling automaker last year, said Monday its domestic production in March was 129,491 vehicles — the lowest since 1976 when Toyota began maintaining production figures.
The magnitude-9.0 earthquake and tsunami on March 11 destroyed many [...]
(Reuters) – Apple Inc may provide the first signs this week that the Japanese crisis is pressuring margins, clouding what should otherwise be another dazzling second quarter for the makers of the iPad and iPhone.
Wall Street has been afire with speculation of how a shortage of crucial components from Japan, which provides more than a 10th of global electronics components, might swell costs and [...]
After I pointed out here the likelihood that Deer Consumer Products (NASDAQ: DEER) management intentionally overpaid by 50% when they purchased land use rights to 435 Mu (289,416 square meters) in Wuhu, management quickly responded in the 10-K filed on March 10th that:
We have received a land certificate covering 289,415.79 square meters (435 Mu or 28.9416 hectares) in the first parcel of land, on which [...]
Airfares at major U.S. airlines are climbing again, continuing a dizzying pace of nearly weekly increases on both penny-pinching vacationers and expense-account corporate fliers.
The airlines are raising fares to cover higher jet fuel prices, and the strategy seems to be working. US Airways said Thursday that if the trend toward higher revenue continues, it will be able to cover foreseeable increases in [...]
Cisco Systems reported improved earnings, but the recovery was mostly as expected, and the company’s shares retreated 4 percent as investors cashed in on their recent gains.
The computer networking giant said it earned $2.4 billion, or 42 cents a share in its fiscal first quarter, excluding one-time items, against a profit of 36 cents a share during the same period last year.
Sales rose to $10.75 billion [...]