Company Overview and News

Another Freaky Friday

2018-04-09 seekingalpha
The tale of the tape seldom lies, well at least today’s virtual one, which has been swinging widely on the seismic shifts in trade war sentiment. Also, Friday was no exception when calm gave way to horror as panic-stricken investors ran for the exits. Friday’s soft March US jobs and bellicose trade war rhetoric were the main ingredients amongst a toxic brew of factors that sent US stock markets plunging.
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New board brings new hopes for SriLankan

From left: National Public Private Partnership Agency Chairman Thilan Wijesinghe, SriLankan Directors Susantha Katugampala, Mano Tittawella, Ranjit Fernando (Chairman), Air Marshal Kapila Jayampathi and Dr.Roshan Perara Pic by Samantha Perera
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Product Tanker Market Supply & Demand Update

2018-04-04 seekingalpha
Note: This is a short summary of an article originally published March 9th on Value Investor's Edge. For access to the full article which contains further information on trade flow shifts, new refinery capacity, arbitrage opportunities, and global product stockpiles please click here.
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So What's Going On With Auto Sales?

2018-04-04 seekingalpha
With US auto sales facing some stiff headwinds, timely data is no longer wanted, said GM Monday night, when it announced that it would no longer report new-vehicle unit sales in the US on a monthly basis to make it "easier" for us. This has been bread-and-butter data of the auto industry. But forget it. Now it's like so TMI. Sez GM:
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Tech rout? China just got busy puffing up its own boom

2018-04-03 livemint
Hong Kong:Just as US technology shares are losing air, China’s planning to engineer its own boom.
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Do Your Target-Date Funds Measure Up To Rising Rates?

2018-03-31 valuewalk
Rising US interest rates could pose a challenge for target-date funds (TDFs) that concentrate on “core” US fixed-income exposure. Diversifying across a broad range of bond markets and strategies can create a cushion in a rising-rate environment.
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Complicatedly Confounding Currency Moves

2018-03-28 seekingalpha
One of the best Easter egg hunts shaping up is trying to find the elusive US dollar narrative. Outside of the dollar-yen, the market was distinctly bearish to open the week, but then the likely combination of month-end/quarter-end and Easter holidays whetted into context and the dollar tore through G-10 currency markets like a runaway train overnight.
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Tariffs, Trade War Concerns Help Spark Equity Market Sell-Off

Weekly Market Compass: With multiple factors contributing to market volatility, consumer sentiment and economic data could prove telling
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Tech stocks pull market sharply lower, erasing early gains

2018-03-27 sfgate
A steep, late-afternoon sell-off in technology companies pulled stocks sharply lower Tuesday, knocking 344 points off the Dow Jones industrial average.
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Netflix job pays $549K, more than double the usual market rate

Netflix has turned heads in Hollywood by spending billions of dollars to lure filmmakers and viewers from rival TV networks. But it's also frustrated competitors in a less-public way: by poaching talent and driving up pay.
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As trade war simmers, currency whales make their move

For the first time in a decade, the world's central banks are looking beyond the US dollar to build their currency reserves.
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Biggest currency whales make their move amid trade war tensions

2018-03-27 themalaymailonline
The German Central Bank (Bundesbank) presents the new €50 banknote at its headquarters in Frankfurt, March 16, 2017. — Reuters picNEW YORK, March 27 — For the first time in a decade, the world’s central banks are looking beyond the US dollar to build their currency reserves.
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Grab vanquishes Uber with local strategy, billions from SoftBank

2018-03-26 themalaymailonline
Grab co-founder and chief executive officer Anthony Tan. — File picSINGAPORE, March 27 — As Uber Technologies Inc looked to conquer ride-sharing around the world, Grab was focused on serving the 620 million people that share its home in South-east Asia.
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Oil prices dip on profit taking after last week’s rally

2018-03-26 themalaymailonline
An oil well is pictured at sunrise in the Bakken oil fields near Sidney, Montana in this November 2014 handout photo. — Reuters picNEW YORK, March 27 — Crude oil futures slipped yesterday as investors cashed in some profits from last week's rally but concerns about Saudi-Iran tensions kept losses in check.
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Oil prices fall on profit taking after big weekly gain

2018-03-26 cnbc
Crude oil futures slipped on Monday as investors cashed in some profits from last week's strong rise, but concerns about Saudi-Iran tensions kept losses in check.
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