contributor

Royal Dutch Shell plc (NYSE: RDS-A) (NYSE: RDS-B) has been making remarkable progress in forging ahead with its deepwater projects of late. The European oil giant recently announced that the first phase of its deepwater Kaikias project in the Gulf of Mexico (GoM) has become functional and that...

General Motors Company (NYSE: GM) is ramping up the launch of electric vehicle in China. The company plans to introduce 10 more energy vehicles in the market between 2021 and 2023, which is in addition to its ongoing plan to launch 10 EV models between 2016 and 2020. A continuous push by...

Recovery in the server market, which began last year, has continued into 2018 as well, re-infusing optimism among server vendors. Per International Data Corporation ("IDC"), worldwide server revenues and shipment marked the fourth consecutive quarter of year-over-year growth, after five...

Equinor ASA (NYSE: EQNR) associate company — Statoil Azerbaijan — has inked a Risk Service Agreement (RSA) with Azerbaijan's state oil company SOCAR. The agreement includes the appraisal and development of the Karabagh oilfield. The parties have also signed a Production Sharing...

American Water Works Company (NYSE: AWK) announced that its subsidiary, New Jersey American Water will invest $2 million in 2018 to replace the aging water mains in its Millburn service area. The company aims to replace 6,300 feet of old mains to increase service reliability and improve water...

Armstrong World Industries, Inc. (NYSE: AWI) recently acquired the business and assets of Plasterform, Inc. The buyout boosts Armstrong World's interior accent capabilities. Armstrong World funded the acquisition with available cash. Financial terms of the transaction remain undisclosed....

In the age of cryptocurrencies and other technology-fueled investment vehicles, it's not always easy to choose an investment strategy that's going to pay off over the long term. A single look at the dire outlooks that advisory firms have about the cryptocurrency market alone is enough to...

Lululemon Athletica (NASDAQ: LULU) traded over 16% higher on Friday morning, after reporting earnings that beat Wall Street estimates. The company recorded earnings per share of $0.55 and total revenue of $649 million, above analyst expectations of $0.46 and $615 million. Same store sales rose 20...

Snap (NYSE: SNAP) recently partnered with ad tech firm, Tyroo to drive its ad monetization efforts in India. Although the terms of the deal were not disclosed, it is believed to be a revenue sharing arrangement between both the companies. Reportedly, Snap is bringing filters, the Stories platform...

United Technologies Corporation (NYSE: UTX)'s operating segment, Pratt & Whitney announced that it has been awarded a $2-billion contract for the 11th lot of F135 propulsion systems, which will support all three variants of the F-35 Lightning II aircraft. The latest contract intends to...

General Dynamics Corporation (NYSE: GD)'s business unit, Bath Iron Works (BIW), recently won a contract from the U.S. Navy to provide integrated planning yard services for DDG-51 and FFG-7 class ships. Work related to the deal is scheduled to be over by February 2019. Contract Details...

In its annual meeting, ExxonMobil Corporation (NYSE: XOM) announced its intention to increase earnings by more than two fold by 2025 and address the risks of climate change. ExxonMobil's plan will be especially aided by lower-cost-of-supply investments in U.S. tight oil, deepwater and...

Though the market for gold will remain strong for years to come given the demand for jewelry, bars and coins as well as its safe-haven appeal, it has a number of threats lurking. Below, we have discussed some of the key challenges and what investors in the sector should be wary of in the coming...

Over the past few weeks, natural gas prices have risen to levels not seen in almost four months, reflecting a steady, albeit slow, ascent, after being range bound since late January. A confluence of factors could fuel the commodity's march to the psychologically important $3 level this summer...

Newmont Mining Corporation (NYSE: NEM) has entered into a deal to sell its royalty portfolio to an emerging precious metals royalty and streaming company, Maverix Metals Inc. The strategic partnership will provide Newmont an ongoing exposure to Maverix's growing portfolio of 27 high-...