Despite a recent sector sell-off in oil and gas, a Morgan Stanley analyst cites a "consistent execution on spending" and strong excess cash flow usage "towards capital returns and debt reduction" as reasons to remain favorable.
January was the peak sales month for online grocery sales, reaching $9.3 billion during the month, according to a Brick Meets Click/Mercatus Grocery Shopping Survey conducted Jan. 28-31.
Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – A Reuters article headlined "Cyber attack disrupts major South African port operations" includes the following statement: "Most of the copper and
Midway through trading Friday, the Dow traded up 0.64% to 35,045.54 while the NASDAQ rose 0.76% to 14,796.74. The S&P also rose, gaining 0.83% to 4,403.64.
The supply chain disruptions occurring within the international intermodal sector will likely persist through the end of the year, according to Union Pacific President and CEO Lance Fritz.
The Surface Transportation Board is asking the Class I railroads to explain how they are addressing congestion within the international intermodal supply chain amid shippers' reports about "sizeable" storage fees and the length of time containers are being held.
Add another log to the fire that is choking global supply chains. Strict lockdown measures to suppress Vietnam's worst outbreak of COVID infections since the pandemic began are severely curtailing factory production, especially for electronics, footwear, apparel and textiles, and ocean terminals lack sufficient equipment to export goods.