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These planes land on rugged, unpaved runways mostly made of blue ice and compacted snow. PrivatAir's Boeing 737 and Smartwings' Boeing 737 MAXA Smartwings 737 MAX on Antarctica in January 2022. It was the first time the jet type landed on one of the continent's blue ice runways. Another Loftleider 757 is set to ferry Antarctic Ice Marathon runners to Union Glacier this December. Loftleider Icelandic Airlines' and Titan Airways Boeing 767Titan Airways' Boeing 767 on Antarctica.
Persons: , George Hubert Wilkins, Glenn Jacobson, PrivatAir, NPI, Tim Hewette, Troll, Fang, Patrick Woodhead Organizations: Atlantic Airways, Boeing, Service, Lockheed Vega, Airbus, Australian Antarctic, Australian, Skytraders, Australian Antarctic Program, McMurdo, AAP, Norwegian Polar Institute, Swiss, NPI, Boeing's, Airlines, Titan Airways, Antarctic Logistics, Expeditions, Antarctic Logistics & Expeditions, Antarctic Ice, Russian Antarctic, Titan Airways Boeing, Norse Atlantic Airways, Emirates, White Desert Locations: Antarctica, Skytraders, Christchurch , New Zealand, Hobart, Australia's, Tasmania, Cape Town , South Africa, Czech, Chile, Russian, NPI, Norway, Cape Town, Russia's
3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. Two company sources told Reuters that Ma's move had generated a lot of discussion within the company, as did Jiang's post. Alibaba and the Jack Ma Foundation, the philanthropic organization that handles media queries for the billionaire, did not immediately respond to requests for comment. In her internal note, Jiang also repeated comments from Ma's family office shared with the Alibaba-owned newspaper South China Morning Post on Friday that Ma remained "very positive" about Alibaba and that his family trust eventually did not sell a single share. The company has also been grappling with some upheaval in its top ranks, welcoming a new CEO, Eddie Wu, in September.
Persons: Dado, Jack Ma's, Jiang Fang, Jiang, Jack Ma, Ma, Alibaba, Eddie Wu, Daniel Zhang, Casey, Jenny Wang, Brenda Goh, David Evans Organizations: REUTERS, Rights, HK, Reuters, Jack Ma Foundation, China Morning, Casey Hall, Thomson Locations: Rights SHANGHAI, BEIJING, Shanghai, Beijing
Inside Bob Iger’s Roller Coaster Year at Disney
  + stars: | 2023-11-19 | by ( Sarah Krouse | ) www.wsj.com   time to read: 1 min
Iger said that the company’s progress since his return meant Disney can “move beyond this period of fixing and begin building our businesses again.” Wall Street analysts have expressed confidence that Disney shares can recover from their recent slump. Fang Zhonglin/Imagine China/Reuters
Persons: Iger, Fang Zhonglin Organizations: Disney, Reuters Locations: China
China expected to keep key lending rates unchanged next week
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +2 min
A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, February 3, 2020. In a poll of 26 market watchers, all participants predicted both the one-year LPR and the five-year tenor would stay unchanged. "The changes in LPR are more affected by the MLF rate," Zhou said, expecting the LPR to stay unchanged this month. The PBOC on Wednesday injected 1.45 trillion yuan ($200.12 billion) worth of one-year MLF loans into the banking system but kept the rates on those loans unchanged. Expectations of steady LPR fixings also come as new bank lending in China fell less than expected in October from the previous month.
Persons: Jason Lee, Zhou Maohua, Zhou, Winni Zhou, Wu Fang, Tom Westbrook, Sam Holmes Organizations: People's Bank of China, REUTERS, Rights, China Everbright Bank, Thomson Locations: Beijing, China, Rights SHANGHAI, SINGAPORE, United States, outflows, Shanghai, Singapore
Essentially, if the broad market index rises by 1%, the following high beta stocks could jump by 1.5% or more. The company has a beta value of 1.7 and is scheduled to report earnings on Tuesday. Essentially, if the broad market index rises by 1%, the following high beta stocks could jump by 1.5% or more. Goldman Sachs recently recommended the pullback in Devon Energy shares as a buying opportunity, citing the company's strong balance sheet as a factor. The company has a beta value of 1.7 and is scheduled to report earnings on Tuesday.
Persons: Stocks, Goldman Sachs, Wells Fargo, Gunnar Wiedenfels, Bing Guan Organizations: CNBC Pro, Dow Jones, Nasdaq, CNBC, APA Corp, APA, Devon Energy, Marathon, Marathon Oil, Nvidia, UBS, Qs, Warner Bros Discovery, Angeles Refinery, Reuters, Beta, APA APA Corp, Entertainment, Devon Energy Corp, Oil Corp, Targa Resources Corp, MGM MGM Resorts, HAL Halliburton, McMoRan, Aptiv, WYNN Wynn Resorts, Body, Semiconductor Corp, NVIDIA Corp, Zebra Technologies, Albemarle, Alaska Air Group Locations: Angeles, Carson , California, Freeport
WASHINGTON (AP) — When President Joe Biden meets Chinese leader Xi Jinping on Wednesday, there will be no such thing as a small detail. Biden and Xi will meet while both attend next week's Asia-Pacific Economic Cooperation summit in San Francisco, but even basic information has remained closely guarded. That recalls Biden's nearly three-hour meeting with Xi before the start of last year’s G-20 summit in Bali. The Chinese attach importance to the location, which this time may be more like Sunnylands than Anchorage, where top U.S. and Chinese officials held rather tense 2021 talks. Hillary Clinton's 1995 Beijing visit turned heads for a different reason when she declared that “human rights are women’s rights, and women’s rights are human rights."
Persons: Joe Biden, Xi Jinping, Beijing’s, Bonny Lin, Biden, Xi, China’s, Biden's, Victor Cha, ” Cha, Richard Nixon, Barack Obama, Obama, Donald Trump, Bonnie Glaser, Xi's, Ryan Hass, John L, Hass, George H.W, George H.W . Bush, Fang Lizhi, , Hillary Clinton's, Laura Bush's, Sasha Obama, Hu Jintao, Malia, Michelle, Michelle Obama, Colleen Long Organizations: WASHINGTON, China Power, Center for Strategic, International Studies, Economic Cooperation, White House, San, Communist Party, Asian Affairs, White, National Security Council, APEC, Mar, German Marshall Fund, Thornton China Center, Brookings Institute, Olympics, The New York Times, Press Locations: Washington, Asia, San Francisco, Bali, China, United States, Sunnylands, Rancho, Palm Springs , California, Lago, , Anchorage, Texas, Beijing, George H.W ., Thailand, Myanmar, The
The Fourniers sold their mask in September of 2021 to a second-hand dealer for 150 euros, court documents show. The mask is an extremely rare artifact of great spiritual value to the Gabonese people, Betoe Bi Evie told CNN. It was through this information that the dealer was able to deduce the origins of the mask, Mansat Jaffré, the lawyer, told CNN. “We think he (the dealer) already had an idea at the back of his head, and that he knew the mask was rare,” Mansat Jaffré told CNN. However, as the Ngil mask at the center of the ongoing trial wasn’t held in a public collection, Gabon cannot demand its restitution from France.
Persons: Fournier, Fournier’s, René, Victor Edward Maurice Fournier, Frédéric Mansat Jaffré, , , Mr Fournier’s, Olivia Betoe Bi Evie, Betoe Bi Evie, Betoe, Evie, Jaffré, Mansat Jaffré, Solange Bizeau, weren’t, Emmanuel Macron, Omar Tall, Mali –, wasn’t Organizations: France CNN, CNN, Gabonese, BFMTV, , Senegal’s Museum of Black Civilizations, restitutions Locations: Paris, France, Central Africa, Gabonese, Gabon, , Gabonese State, Africa, Saharan Africa, restituted, Benin, Senegal, Chad, Madagascar, Ivory Coast, Ethiopia, Mali
The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)
Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho
Marathoners in Beijing go maskless, unfazed by smog
  + stars: | 2023-10-29 | by ( Liz Lee | ) www.reuters.com   time to read: +2 min
[1/4] Participants take part in the Beijing Marathon, at Tiananmen Square in Beijing, China October 29, 2023. REUTERS/Tingshu Wang Acquire Licensing RightsBEIJING, Oct 29 (Reuters) - Runners undeterred by thick smog engulfing the Chinese capital ran the Beijing Marathon maskless on Sunday, many wearing shorts in one of the warmest Octobers on record. Beijing was the fourth most-polluted major city in the world on Sunday, according to Swiss air-quality technology firm IQAir. Beijing's high on Sunday was 19 C (66 F), according to the national weather bureau. The weather bureau forecast weak cold air currents to last the rest of the month before beginning to cool in early November.
Persons: Tingshu Wang, Fang Chong, Liz Lee, Ryan Woo, Han Xiao, Bernard Orr, William Mallard Organizations: Beijing, REUTERS, Rights, Beijing Marathon, Meteorological Centre, Thomson Locations: Beijing, China, Rights BEIJING, Tiananmen, Haidian, Beijing's, Tangshan, Handan, Hebei
U.S. stock futures opened higher slightly ahead of a big week filled with a Federal Reserve rate decision, jobs report and Apple's earnings report. S&P 500 futures added 0.3%, while Nasdaq-100 futures gained 0.4%. The S&P 500 fell into correction territory last week, shedding 2.5% for the week to put it down by 10.6% from its 2023 high. With surging interest rates as the main culprit of this stock market correction, investors will be hoping the Fed signals it could be done raising rates. The sell-off has been centered around Nasdaq and tech shares, which investors deem would be hurt the most by surging interest rates.
Organizations: New York Stock Exchange, Federal, Nasdaq, Dow Jones Industrial, Federal Reserve, Traders, Treasury, Apple, Dow, Big Tech, Google Locations: New York City, U.S
How Chinese Aggression Has Pushed the Philippines Closer to the U.S. Located near Taiwan and the South China Sea, the Philippines has found itself at the center of a global effort to counter China. WSJ’s Shelby Holliday traveled there to learn about the nation’s strategic importance and its growing ties with the U.S. Photo: David Fang
Persons: WSJ’s Shelby Holliday, David Fang Organizations: U.S Locations: Philippines, Taiwan, South China, China
CrownRock's investment bankers have asked interested parties to submit initial offers next week, two of the sources added. Diamondback Energy (FANG.O), Devon Energy (DVN.N), Marathon Oil (MRO.N) and Continental Resources are also studying potential bids for CrownRock, the sources said. The company is led by Texas billionaire businessman Timothy Dunn and backed by private equity firm Lime Rock Partners. Bloomberg News reported last week that Devon was considering a bid for CrownRock, and that Devon has also held preliminary talks about a tie-up with Marathon. Reporting by David French in New York; Editing by Greg Roumeliotis and Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
Persons: Chris Helgren, CrownRock, Timothy Dunn, Conoco, Devon, David French, Greg Roumeliotis Organizations: ConocoPhillips, REUTERS, Houston, Exxon Mobil Corp, Chevron Corp, Diamondback Energy, Devon Energy, Continental Resources, CrownRock, Marathon Oil, Continental, Diamondback, Exxon, Natural Resources, Chevron, Hess Corp, Lime Rock Partners, EOG Resources, Devon, Bloomberg News, Marathon, Reuters, Thomson Locations: Vancouver , British Columbia, Canada, Texas, Conoco, Devon, Midland, Marathon, New York
Located near Taiwan and the South China Sea, the Philippines has found itself at the center of a global effort to counter China. WSJ’s Shelby Holliday traveled there to learn about the nation’s strategic importance and its growing ties with the U.S. Photo: David FangSINGAPORE—A dispute between China and the Philippines, a U.S. ally, is rapidly escalating over an unusual military outpost: a World War-II era ship that is leaky, riddled with holes, covered in rust and sitting atop a reef in the South China Sea. The decrepit ship, the BRP Sierra Madre, and the small detachment of marines aboard are defending the Philippines’ claim to Second Thomas Shoal, located about 100 miles off its west coast. The country grounded the ship on the reef 2½ decades ago to stave off China’s expanding control over the South China Sea.
Persons: WSJ’s Shelby Holliday, David Fang SINGAPORE, Thomas Organizations: U.S, BRP, BRP Sierra Madre Locations: Taiwan, South China, Philippines, China, U.S, BRP Sierra
CNBC Pro looked for stocks that are within 5% of a 52-week high and are up more than 1% so far this month. That is, the consensus price target on these stocks call for a gain of at least 5%. Shares are currently 3.3% off from the 52-week high. Wall Street sees further gains for the name, as analysts' consensus price target suggests upside of 8% from here. Other names on the verge of a breakout include drug wholesale company Cencora , Vertex Pharmaceuticals and natural gas company Targa Resources .
Persons: FANG, Scott Gruber, — CNBC's Michael Bloom Organizations: Google, Microsoft, Amazon, Intel, CNBC, Big Tech, Investors, Diamondback Energy, Analysts, Citi, Diamondback, Citi Research, Vertex Pharmaceuticals, Targa Resources
Why Grass Is a Culprit in Some of the World’s Worst Wildfires The spread of invasive grasses in places like Hawaii and the Western U.S. is contributing to more frequent wildfires. WSJ’s Daniela Hernandez explains why and explores what's being done to curb their spread. Photo illustration: David Fang
Persons: Daniela Hernandez, David Fang Locations: Hawaii, Western U.S
While we don't own companies as mergers-and-acquisition plays, the potential for more tie-ups could have significant implications for our remaining oil name: Coterra Energy (CTRA). Chevron's market cap is around $324 billion, while ConocoPhillips is worth roughly $152 billion, based on Thursday's stock prices. Companies in this basket could include Coterra, Devon Energy (DVN) and Diamondback Energy (FANG). Coterra is valued at roughly $22.4 billion Thursday, while Devon and Diamondback are valued at $31.7 billion and $30.5 billion, respectively. The shift has generally been positive for the stock prices of oil companies.
Persons: Gabriele Sorbara, Siebert Williams Shank, Nitin Kumar, I'm, Kumar, Pioneer's, Devon, Paul Cheng, Cheng, Jim Cramer's, Mizuho's Kumar, Jim Cramer, Jim, Paul Ratje Organizations: Exxon Mobil, Natural Resources, Coterra Energy, Exxon, Co, Chevron, ConocoPhillips, Mizuho Securities, Companies, Devon Energy, Diamondback Energy, Marathon, Bloomberg, Scotiabank, Pioneer, Jim Cramer's Charitable Trust, CNBC, Afp, Getty Locations: U.S, West Texas, New Mexico, Coterra, Devon, Oklahoma, Houston
Valuations have swelled, with the Magnificent Seven trading at an average forward price-to-earnings ratio of 33.5, compared with the S&P 500's P/E of 18.3. “Everybody knows these guys are going to make money," said Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute (WFII), referring to the Magnificent Seven. "The reallocation of funds going forward is going to suggest lower returns and more difficulty for the Magnificent Seven to maintain their leadership." The seven companies' combined market capitalization topped 30% of the S&P 500's overall market value earlier this month, according to LSEG Datastream. Some investors are also drawing distinctions among the seven stocks.
Persons: Aly, Tesla, Sameer Samana, Tajinder Dhillon, Tim Pagliara, CapWealth, Pagliara, Elon Musk, LSEG Datastream, Torsten Slok, Patrick Kaser, Kaser, Lewis Krauskopf, Ira Iosebashvili, Jonathan Oatis Organizations: Apple, REUTERS, Microsoft, Nvidia, U.S, Tesla, Wells, Investment Institute, Google, Facebook, Federal, Treasury, , Global, Apollo Global Management, Brandywine Global, Thomson Locations: Shanghai, China, Apple
Here are Tuesday's biggest calls on Wall Street: Wells Fargo upgrades Air Products to overweight from equal weight Wells Fargo said it sees robust earnings growth. JPMorgan reiterates Alphabet as overweight JPMorgan said it's standing by its overweight rating heading into earnings next week. " JPMorgan upgrades Viasat to overweight from neutral JPMorgan said it sees an attractive entry point for the satellite company. " JPMorgan upgrades CyberArk to overweight from neutral JPMorgan said it sees "accelerating demand" for the cyber company. JPMorgan initiates Teck Resources as overweight JPMorgan said the metals and mining company is its preferred play. "
Persons: Wells Fargo, GOOGL, Wells, Horton, Stifel, Raymond James, Lam, Tesla, MBLY, Goldman Sachs, Bernstein, Morgan Stanley, Hannon, JPMorgan Organizations: Air Products, JPMorgan, Homebuilding, MAS, FERG, UW, Lam Research, Materials, Microsoft, Viasat, Citi, Exxon Mobil, Hannon Armstrong Sustainable Infrastructure Capital, Bank of America, Apple, of America, Pro, Teck Resources Locations: Wells, LEN, China, HASI
Dealmaking in the U.S. oil and gas patch has picked up pace as producers sought to replenish their inventory after years of under-investment. The most-prized targets for Chevron could be Coterra Energy (CTRA.N) or Devon Energy (DVN.N), he added. Others mentioned included Matador Resources (MTDR.N), Permian Resources (PR.N) and Diamondback Energy (FANG.O). Still, the Exxon deal, the industry's largest since 2016, also set off worries about stiff regulatory scrutiny over anti-competitive concerns. Exxon does not anticipate antitrust hurdles to complete the deal, expected by early 2024.
Persons: Exxon Mobil's, Gabriele Sorbara, Siebert Williams Shank, Sorbara, Dado Ruvic, Andrew Dittmar, Elizabeth Warren, Sven Del Pozzo, Mrinalika Roy, Chris Sanders, Sriraj Organizations: Exxon, Natural Resources, Co, Chevron, ConocoPhillips, ExxonMobil, Pioneer, REUTERS, Devon Energy, Matador Resources, Diamondback Energy, U.S, P, Insights, Thomson Locations: U.S, Bengaluru, Washington
Oil and natural gas prices traveled divergent paths this week, resulting in a mixed picture for the Club stocks Coterra Energy (CTRA) and Pioneer Natural Resources (PXD). In Thursday's session alone, natural gas prices jumped nearly 7%, as traders reacted to U.S. government data that showed a smaller-than-expected storage build. For the week, through Thursday's settle, natural gas has climbed 8.1%, building on last week's 11% advance. Natural gas on Friday morning jumped another 1.5%. Coterra's revenues are roughly a 50-50 split between oil and natural gas.
Persons: Brent, WTI, Paul Sankey, Sankey, Goldman Sachs, Coterra, Jim Cramer's, Jim Cramer, Jim, David Mcnew Organizations: Club, Coterra Energy, Natural Resources, Texas Intermediate, Traders, Northern, U.S, CNBC, Street Journal, Exxon Mobil, ., Diamondback Energy, Devon Energy, Getty Locations: U.S, Thursday's, Saudi Arabia, Russia, WTI, Friday's premarket, Coterra, China
Orange juice prices have skyrocketed 270% since January 2020, per data from Refinitiv. The rapid spread of the citrus greening crop disease has led to supplies cratering. The rapidly spreading citrus greening crop disease and multiple hurricanes in Florida have hammered the supply of oranges in recent years, driving up the cost of the breakfast staple. But orange juice futures' rapid rise has been driven by two factors that even the Federal Reserve can't control: disease and hurricanes. Nvidia and Tesla are the only two "Magnificent Seven" stocks that have delivered higher returns than orange juice futures over the same period.
Persons: , St Louis, Ian, Nicole Organizations: Service, St Louis Fed, Federal, Florida cratering, Big Tech, New York, Nvidia, Tesla Locations: Florida, Louisiana , Texas , California, Brazil
Antarctica was once a pristine preserve, but humans are ruining it. And this past winter, the frozen continent reached record-low sea ice levels. USGS"This region is nearing a threshold of rapid landscape change," researchers noted in 2017. Pauline Askin/ReutersAnd depending on the location, that ice melt could turn up some pretty nasty stuff. What's even more worrisome is that "human impacts are disproportionately concentrated on the most environmentally significant areas of Antarctica," the researchers noted.
Persons: It's, Emma MacKie, Eric Rignot, MacKie, Pauline Askin, huskies — that's, Sharon Robinson, Auscape, Logan Pallin, Wolfgang Kaehler, Rignot Organizations: Service, University of Florida, University of California, NASA, Reuters, huskies, University of Wollongong, ABC News, Tourists, University of Colorado Boulder, British Atlantic Survey, University of San Locations: Antarctica, Irvine, Beaufort, Antarctica's Ross, Australia, Antarctica ., Santa Cruz, Georgia, University of San Francisco
But some stocks may offer a method for investors to weather the rising rate environment and find some safety. Treasury yields have marched higher in recent weeks, with the yield on both the 2-year and 10-year U.S. Treasury notes hitting levels not seen in more than 15 years. The company's debt-to-equity ratio sits at 42%. Energy companies Exxon Mobil and ConocoPhillips also made the list, offering dividend yield of 3.1% and 3.8%, respectively. Exxon also offers the lowest debt-to-equity ratio of the group at roughly 21%.
Persons: Exxon's, FANG, Medtronic Organizations: Treasury, Federal Reserve, CNBC Pro, Diamondback Energy, Energy, Exxon Mobil, ConocoPhillips, Exxon, Diamondback
China, which views democratically governed Taiwan as its own territory, has in recent years carried out many such drills around the island, seeking to assert its sovereignty claims and pressure Taipei. Warships from China's southern and eastern theatre commands have been operating together off Taiwan's east coast, he added. China has not commented about the drills around Taiwan, and its defence ministry has not responded to requests for comment. Ministry spokesman Sun Li-fang added that China's Eastern Theatre Command forces were the "attacking force", simulating a battle scenario. China normally performs large-scale exercises from July to September, Taiwan's defence ministry has said.
Persons: Tingshu Wang, Chiu Kuo, cheng, Chiu, Sun Li, Ben Blanchard, Roger Tung, Shri Navaratnam Organizations: Air Force, Eastern Theatre Command, Liberation Army, PLA, REUTERS, Rights, Taiwan Defence, Thomson Locations: Taiwan, Beijing, China, Rights TAIPEI, Shandong, Taipei
China, which views democratically governed Taiwan as its own territory, has in recent years carried out many such drills around the island, seeking to assert its sovereignty claims and pressure Taipei. Warships from China's southern and eastern theatre commands have been operating together off Taiwan's east coast, he added. China has not commented about the drills around Taiwan, and its defence ministry has not responded to requests for comment. But China has increasingly been flexing its muscles off Taiwan's east coast, and generally displaying its ability to operate much further away from China's own coastline. China normally performs large-scale exercises from July to September, Taiwan's defence ministry has said.
Persons: Chiu Kuo, cheng, Chiu, Sun Li, Ben Blanchard, Roger Tung, Shri Navaratnam Organizations: Taiwan Defence, Eastern Theatre Command Locations: TAIPEI, Taiwan, Shandong, China, Taipei
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