By SIMON CONSTABLE
Thursday, August 25, 2022
Tuesday, August 23, 2022
Financial History Magazine: TWO DECADES OF THE Sarbanes-Oxley Laws
By SIMON CONSTABLE
At the beginning of the millennium, a massive stock market meltdown along with some notable examples of corporate malfeasance carved a hole in the public’s trust in the stock market. The government’s response was to enact the Sarbanes-Oxley legislation, which would pile a heap of new regulations on publicly traded corporations and their leaders. At the time, the move saw huge bipartisan support and was generally greeted favorably. However, in the intervening two decades, the fallout from the new laws led to some likely unintended, but rather predictable, outcomes. Read more here.
Friday, August 19, 2022
Barron's: Coal Is in Hot Demand. That’s Good News for Glencore’s Stock.
By SIMON CONSTABLE
Swiss-based commodities company Glencore has emerged as a prime beneficiary of Europe’s energy crisis.
High prices for coal, one of the company’s main offerings, are likely to persist as the war in Ukraine pushes past the six-month mark. That, in turn, could lead to double-digit gains for the stock.
“Glencore has already outperformed, and we think there is more to come,” says Tyler Broda, head of European mining RBC Capital Markets in London. “Russia’s invasion changed the calculus in the global energy balance, and coal is a very key part of that, especially in Europe.” Read more here.
Thursday, August 18, 2022
Thursday, August 11, 2022
Briefings Magazine: The Robots Are Coming: Faster, Better…Smarter?
By SIMON CONSTABLE
It’s in language translators. Virtual shopping guides. Online movie suggestions. It helps diagnose diseases, makes video games more exciting, and so on. As the century progresses, artificial intelligence is becoming increasingly ubiquitous. And that, say experts, is the problem. Read more here.
Barron's: Orange Juice Is Spiking. It Could Leave a Bad Taste.
By SIMON CONSTABLE
It could be time for a mimosa cocktail while you still can afford one.
Orange juice prices could get fizzed up over the next few weeks. The market is already suffering from ultralow inventory levels, which means the risks of bad weather could potentially drive prices up more than 20% to record levels, say experts. Read more here.