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  • Aug 19, 2024

Anti-Dumping Probe Could Boost Indian Steelmakers’ Stocks

(Bloomberg) -- Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemNJ Transit Dishes Out Free Rides After Summer Train ChaosSteelmakers may get boostEa

  • Aug 19, 2024

PepsiCo Stock (NASDAQ:PEP) at 2021 Prices: Is It Undervalued Now?

PepsiCo stock (PEP) is currently at around the same level it was trading at in late 2021 and most of 2022, reflecting the pressure that has weighed on Consumer Staples stocks in recent years. While some of this pressure can be attributed to higher interest rates, it’s important to note that PepsiCo has made substantial progress during this period. In fact, the company is on track to achieve record earnings per share (EPS) this year, projected to be nearly 22% higher than in 2022. Considering thi

  • Aug 19, 2024

Oil Holds Decline as US Push for Gaza Cease-Fire Gains Momentum

(Bloomberg) -- Oil held the biggest drop in more than two weeks as the US said Israel had accepted a cease-fire proposal to halt the war in Gaza, potentially easing supply risks just as concerns about the outlook for demand mount.Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksThe Cross-Continental Race Using Only Public Tran

  • Aug 19, 2024

Nutrien Stock (NYSE:NTR): “Dirt” Cheap Following 60% Collapse

Nutrien (NTR) (TSE:NTR), the world’s largest potash producer and crop nutrient company, has seen its stock crushed, falling 60% since its peak in 2022, as you can see below. Nutrien’s customers (farmers) are having a difficult time. While the price of inputs like fuel and labor have remained high, the price of their outputs, like corn and soybeans, have fallen. Nutrien has not been immune, with the price of the fertilizers it sells, like potash, falling lower. However, we may see a rebound in 20

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