NewsRoom Articles - Page 18 of 19

WednesdayMay 04, 2022 10:53 am

Watch for Continued Gains in Shares of Marathon Petroleum Corporation (MPC)

Marathon Petroleum Corporation (NYSE:MPC) traded today at a new 12-month high of $94.30. This new high was reached on below average trading volume as 554,000 shares traded hands, while the average 30-day volume is approximately 4.9 million shares. Over the past year, Marathon Petroleum Corporation has traded in a range of $50.19 to $94.30 and is now at $93.60, 86% above that low. Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, ND, facility produces 184…

FridayApr 29, 2022 9:30 am

Tingo Inc. (TMNA) Pioneers an ESG Approach Within the African Continent

Women in Africa have often suffered from severe gender disparity; over a third of Africa’s female rural population have never accessed formal education with less than 24% having access to the Internet via a mobile device Tingo, Inc’s agri-marketplace platform, Nwassa, as well as its TingoPay payments system have sought to provide the company’s millions of stakeholders with the ability the means to achieve digital financial inclusion Tingo, Inc. has long professed social ambitions alongside their commercial agenda; the company has recently launched a ₦2.5bn fund to promote and support female farmers amongst its various other social initiatives ESG investing…

WednesdayApr 20, 2022 9:15 am

Tingo Inc. (TMNA) Paving the Road to Better Future for African Farmers, and Doing it with Social Consciousness

Tingo has built its business from a little start-up selling ring tones into an agri-fintech giant by bringing technology to uplift the underserved rural farming market in Nigeria The company has multiple partnerships in motion designed to provide financial inclusion and opportunities for small-to-medium size enterprises that fall under the UN guidelines for Sustainable Development With annual revenue more than $850 million currently, Tingo is seeking to expand across Africa and move to the NYSE “We rise by lifting others up,” said Dozy Mmobuosi, Founder and CEO of Tingo (OTC: TMNA) in a recent interview with Forbes Africa, a demonstration…

ThursdayApr 14, 2022 9:00 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Establishing Foothold in Growing REE Market

Recent report forecasts REE space to see 4% CAGR through 2027 Demand for magnets projected to increase demand for rare earth elements Energy Fuels is the only U.S. company producing an REE product this far down the REE supply chain A recent Mordor Intelligence article is reporting that the global rare earth elements (“REE”) market has reached an estimated 161,354.65 tons this year, with an expected compound annual growth rate (“CAGR”) of more than 4% between now and 2027 (https://ibn.fm/6UppN). That growth could prove beneficial to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company…

TuesdayApr 12, 2022 9:00 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Watching Nuclear-Energy Action on Capitol Hill

NEI reports strong bipartisan support for nuclear energy throughout the 117th Congress Hallmark pieces of legislation have demonstrated that carbon-free, always-on nuclear power is an indispensable driver of our clean energy future Institute notes that more can be done “to ensure gigawatts of electricity remain on the grid and new reactors are deployed” Clean energy has become a top priority worldwide, and the U.S. is no exception. House representatives and senators in the nation’s capital have spent plenty of time talking about and voting on energy, including nuclear energy, and many companies, including Energy Fuels Inc. (NYSE American: UUUU) (TSX:…

MondayApr 11, 2022 11:55 am

General Mills Inc. (GIS) Climbs to Annual-High Share Price

Shares of General Mills Inc. (NYSE:GIS) traded at a new 12-month high today of $70.94. So far today approximately 489,000 shares have been exchanged, as compared to an average 30-day volume of 4.1 million shares. General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2021, 75% of its revenue was derived from the United States, although the company also operates in Canada, Europe,…

MondayApr 11, 2022 11:54 am

Watch for Continued Gains in Shares of GlaxoSmithKline PLC (GSK)

Shares of GlaxoSmithKline PLC (NYSE:GSK) traded at a new 12-month high today of $46.97. Approximately 1.1 million shares have changed hands today, as compared to an average 30-day volume of 5.2 million shares. Over the past year, GlaxoSmithKline PLC has traded in a range of $35.84 to $46.97 and is now at $46.38, 29% above that low. GlaxoSmithKline PLC is currently priced 5.7% above its average consensus analyst price target of $43.76. In the pharmaceutical industry, GlaxoSmithKline ranks as one of the largest firms by total sales. The company wields its might across several therapeutic classes, including respiratory, cancer, and…

MondayApr 11, 2022 11:46 am

Lucid Motors (NASDAQ: LCID) Ramps Up Marketing to Increase Awareness of Its EVs

More than a decade after the Tesla Roadster launched and proved that electric vehicles were commercially viable, the nascent electric vehicle industry is slowly filling up with competition. Gone are the days where the only player in the EV game was Tesla; legacy auto makers and several EV startups have now thrown their hats into the ring in a bid to snag a portion of the lucrative electric vehicle market. Lucid Motors (NASDAQ: LCID), an electric vehicle manufacturer initially founded in 2007 that unveiled its first EV in 2016, has launched widespread marketing efforts. Lucid’s first offering — the Lucid Air…

FridayApr 08, 2022 1:19 pm

Bumble Inc. (BMBL): The Winning Streak Continues

Shares of Bumble Inc. (NASDAQ:BMBL) traded today at $84.80, eclipsing its 12-month high. This new high was reached on above average trading volume as 52.5 million shares traded hands, while the average 30-day volume is approximately 4.8 million shares. Bumble Inc. is engaged in offering online dating services. The company operates two apps, Bumble and Badoo, where users come on a monthly basis to discover new people and connect with each other. Over the past year, Bumble Inc. has traded in a range of $15.40 to $64.71 and is now at $26.60. Potential upside of 1.9% exists for Bumble Inc.,…

FridayApr 08, 2022 1:18 pm

Bristol-Myers Squibb Company (BMY) Climbs to Annual-High Share Price

Shares of Bristol-Myers Squibb Company (NYSE:BMY) traded today at $77.84, eclipsing its 12-month high. Approximately 5.2 million shares have changed hands today, as compared to an average 30-day volume of 15.4 million shares. Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, oncology, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Unlike some of its more diversified peers, Bristol has exited several nonpharmaceutical businesses to focus on branded specialty drugs, which tend to support strong pricing power. Bristol-Myers Squibb Company is currently priced 3.2%…

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