FSUMF News and Press, Fortescue Metals Group Ltd. From 04/21/23

2023-04-21 09:17:32 ET Iron ore futures fell for a third straight session Friday to their lowest since December, as weaker than expected buying interest from steel mills and rising port inventories weighed on spot prices and pressured futures markets. According to Reuters, the most-...

2023-04-21 08:00:00 ET Summary First Trust Indxx Global Natural Resources Income ETF holds 50 global stocks, mostly in materials and energy. The portfolio is quite concentrated in a few countries, industries and holdings. This fund may profit by inflation. Both price and d...

2023-03-30 07:35:55 ET Iron ore futures appear headed for a fourth straight daily gain Thursday, supported by hopes for demand recovery after steel consumption was temporarily capped by rainy weather in many regions last week. According to Reuters, the most-traded May iron ore futur...

2023-03-22 07:30:18 ET Iron ore futures extended losses Wednesday, as the demand outlook is weighed by the possibility that China would reduce its crude steel production by as much as 2.5%. The target was proposed by policymakers at a meeting last week but has not been finalized, Re...

2023-03-16 06:34:00 ET Summary Iron ore futures continue to climb steadily. The Singapore benchmark for iron ore futures exceeded U.S. $130 a ton on Monday. What’s the reason for the price of iron ore rising? The primary explanation is that nearly everyone involved in the s...

2023-03-06 08:58:11 ET Prices for iron ore, copper and other industrial metals are lower across the board Monday after China set a cautious target for ~5% economic growth this year and did not announce any major new stimulus at the open of the annual session of its National People's Con...

Chinese iron ore futures sprint to an eight-month high Friday, as China's mills ramp up production while iron ore inventories are relatively low. According to Reuters, the most-traded May iron ore futures contract on the Dalian Commodity Exchange ( SCO:COM ) ended daytime trading ...

Summary Plug Power started 2023 by again cutting revenue targets for 2022. The green hydrogen company has elevated costs and future revenue backlog far below the 2023 guidance level. The stock remains a Sell, even with the dip below $15. Plug Power ( PLUG ) has sta...

Iron ore futures fell to near a 10-day low following an order by Chinese authorities to cut production at the big Tangshan steelmaking hub in an effort to curb pollution. Tangshan's government said it is launching a level 2 emergency response to deal with the forecast of heavy air polluti...

Summary With the dollar still strong and inflation fears still looming, now is an especially good time for US investors to buy more foreign dividend stocks. US investors should also consider tax advantages of splitting international dividend stock exposure between taxable and tax-shelte...