|Bid||58.16 x 4800|
|Ask||58.17 x 4200|
|Day's Range||58.01 - 58.63|
|52 Week Range||51.04 - 64.17|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
On March 21, the year-long pending merger between agricultural (XLB) giants Monsanto (MON) and Bayer inched a step closer to closure. The companies received approval from the antitrust watchdogs in the EU (European Union). Following this news release, Monsanto closed about 57 basis points higher at $119, while Bayer rose by 15 basis points to 94.4 euros.
On March 12, 2018, DowDuPont (DWDP) announced the leadership roles for the Materials Science Company. The Materials Science Company will be called “Dow” once the intended spin-off takes place. Jim Fitterling, the chief operating officer of DowDuPont’s Materials Science division and president and COO of the Dow Chemical Company, will be the new company’s CEO.
On March 9, Wall Street marked the nine-year anniversary of the long-term bullish uptrend we are currently in and, let’s face it, there has been a lot to celebrate. While there have been a few volatile periods during this nine-year run, most of this bullish uptrend has been characterized by steady spans of uninterrupted bullish moves higher.
After the earnings were released, the stock price took a significant beating. Out of the 18 analysts in the above chart, ~22% or four analysts have a “strong buy” recommendation on the stock for the next 12-month period. About 39% or seven analysts have a “buy” recommendation on the stock, while 39% or seven analysts have a “hold” recommendation for Nutrien.
Speculation that the Trump Administration’s recently announced tariffs on imported aluminum and steel will spark a trade war is prompting some investors to depart exchange traded funds viewed as vulnerable ...
Have Markets Been Harsh on Alcoa This Year? As noted in the previous articles, Alcoa (AA) has seen negative price action in 2018 amid the weakness in base metals. The broader sell-off in the equity markets and Alcoa’s 4Q17 earnings miss haven’t helped the stock either.
On February 26, 2018, DowDuPont (DWDP) announced the names for the intended spin-off companies. The materials science division will be known as “Dow.” The new company will retain the Dow Diamond logo as its brand. Andrew Liveris, DowDuPont’s executive chairman, said, “The Dow and DuPont teams have made incredible progress in six short months and today’s announcement is another demonstration of the unprecedented value creation potential of this historic merge and spin transaction.
In the earlier parts of this series, we saw that the prices for NPK (nitrogen, phosphorous, and potassium) fertilizers were broadly flat to positive last week. The Fertilizer Affordability Index, which is issued by the Mosaic Company (MOS), measures the change in key NPK fertilizers and key fertilizer consuming crops such as corn, wheat, and soybean. Last week, the Fertilizer Affordability Index was unchanged week-over-week at 0.7x.
As we discussed in the preceding part of this series, US aluminum production has been stagnant at best, despite the nearly 50% rise in aluminum prices when compared with the 1Q16 lows. US aluminum production has been in a falling trend for quite some time now, and current production levels are hovering near multiyear lows. In this article, we’ll see why US aluminum production doesn’t look to be coming back online in a big way, despite higher aluminum prices.
President Trump is reportedly considering $60 billion in tariffs on Chinese goods. Yahoo Finance’s Seana Smith, Andy Serwer, Dan Roberts and Brittany Jones-Cooper discuss potential backlash and how tariffs on China could hurt some US companies including Boeing.
President Trump tweeted Monday morning that “tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed.” Yahoo Finance’s Seana Smith, Ethan Wolff-Mann and Andy Serwer discuss.
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Seana Smith, Rick Newman and Dion Rabouin on Federal Reserve Chairman Jerome Powell's testimony Tuesday.