The Export-Import Bank of the United States (EXIM) Approves a direct loan in the amount of $50.8 million to fund Electrovaya’s Jamestown Lithium-Ion Battery Expansion
Electrovaya Inc. has secured a $50.8 million loan from the Export-Import Bank of the United States (EXIM) to support its Jamestown Battery Manufacturing Facility under the Make More in America initiative. This funding will cover equipment, engineering, and setup costs for producing Electrovaya’s proprietary lithium-ion ceramic cells, known for their longevity and safety. The facility […]
Shell Appeals to Court to Allow Continuation of UK North Sea Oil and Gas Projects
Shell Urges Court Not to Halt UK North Sea Oil and Gas Projects Shell Plc urged a UK court not to threaten the commercial viability of a North Sea gas field by halting its development, despite acknowledging that the approval process for the project was flawed. In a case that’s likely to have significant implications […]
Goodbye for Now | Morningstar
This is my last regularly scheduled column for Morningstar. I am retiring from the company, for the best of all possible reasons. My health is fine, and my bosses would prefer that I stay on the job. However, I can afford to spend my time otherwise, should I wish. Recently, I have realized that I […]
Cruz Battery Metals Takes the Lead Among 3 Promising TSX Penny Stocks
Cruz Battery Metals Leads The Charge Among 3 Promising TSX Penny Stocks The Canadian stock market has recently reached unprecedented highs, attributed to robust economic fundamentals and the reduction of uncertainties surrounding elections. Within this thriving environment, penny stocks are gaining traction among investors eager to explore lucrative opportunities beyond major corporations. Despite being labeled […]
USD/CAD Forecast: 1.4000 Proves Elusive as US CPI Doesn’t Trigger Breakout
USD/CAD Outlook: 1.4000 Remains Elusive as US CPI Fails to Inspire Breakout Most Read: Brent Oil Prices Steady Despite OPEC Demand Forecast Cut. Where to Next? USD/CAD has been on a tear since the back end of September, rising some 550 pips over the past 6 weeks. The move coincided with a stronger US Dollar […]
HomeTrust Bank Honored Nationally for Outstanding Financial Performance and Workplace Culture
HomeTrust Bank Recognized Nationally for Financial Performance and Workplace Culture HomeTrust Bancshares, Inc. ASHEVILLE, N.C., Nov. 13, 2024 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”, “HomeTrust” or “HTB”), today announced that the Bank has ranked 156 in the Top 200 of Newsweek Magazine’s America’s Most Loved […]
Russia’s Energy Sector Becomes an Easy Target Following Trump’s Election Victory
Russia’s Energy Industry Is a Easy Target After Trump’s Election Win Trump’s presidency may pressure Russia’s oil and gas industry.The EU is thinking about replacing Russian LNG with US shipments, potentially affecting trade dynamics.Trump’s energy policies could boost US oil production, impacting global energy markets. Thanks for signing up! Access your favorite topics in a […]
Shopify Earnings: Robust Growth Across All Areas
We are raising our fair value estimate to USD $105 per share, from USD $80 previously, for wide-moat Shopify after the firm reported strong results and provided fourth-quarter guidance that was meaningfully better than our expectations. Our fair value estimate for Canadian shares rises to C$141 from C$110. Performance for both revenue and profitability were […]
November 2024 Update on Battery Raw Materials Market
Battery raw materials market update November 2024 The battery raw materials market is currently experiencing notable disruptions that warrant close attention from stakeholders across the globe. As electric vehicles (EVs) gain popularity, understanding the factors influencing the prices and availability of key materials is crucial for effective decision-making. Fastmarkets provides a comprehensive overview of the […]
One Week Later: Trump Trades See Momentum Gains and Declines
One week later – Some Trump trades gain momentum and some are fading It’s a good time to check in on how the ‘Trump trade’ is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation […]