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UGE News and Press, ProShares Ultra Consumer Goods From 07/08/21

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Company Name: ProShares Ultra Consumer Goods
Stock Symbol: UGE
Market: NYSE

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UGE - Consumers Drive Worldwide Variations In Economic Growth And Inflation

The global economy expanded rapidly again in June, according to the JPMorgan Global PMI. Of the 26 sub-sectors covered by the IHS Markit Global PMI, the fastest expansion was seen for tourism & recreation. One encouraging sign from the US is that growth of demand for consumer ...

UGE - HPQ Silicon and PyroGenesis Sign an Agreement to Develop a New Environmentally Friendly Process to Manufacture Fumed Silica

New process perfectly aligned with ESG principles sought by end buyers and investors: Reduces the energy used to make fumed silica by a stunning 86%, Does not use harsh chemicals, or release Hydrogen Chloride Gas (HCI) Resolves ESG roadblocks to developing new markets for Fume...

UGE - Travel boom! Southwest offers double pay to avoid July 4 disruptions

baona/iStock via Getty Images As concerns dwindle over gathering in crowds or attending public events, 86% of Americans plan to celebrate Independence Day this year, up from 76% in 2020. Those who do have plans for the holiday are forecast to spend about $80 on food items - in line with histo...

UGE - HPQ Silicon Strengthens Its Balance Sheet and Solidifies Its Position as an Innovative Manufacturer of Silicon Materials for Lithium-ion Batteries

MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) -- Innovative Silicon Solutions company HPQ Silicon Resources Inc. (“HPQ” or the “Company”) ( TSX-V: HPQ ) ( OTCQX: HPQFF ) ( FWB: UGE ), is pleased to announce that Inves...

UGE - ProShares Ultra Consumer Goods declares quarterly distribution of $0.0930

ProShares Ultra Consumer Goods (UGE) - $0.0930.Payable Jun 29; for shareholders of record Jun 23; ex-div Jun 22. For further details see: ProShares Ultra Consumer Goods declares quarterly distribution of $0.0930

UGE - Commodity Inflation Is Coming Under Control

Last Tuesday, while the Federal Open Market Committee was meeting in Washington, DC, the Labor Department reported that the Producer Price Index (PPI) rose 0.8% in May, which is significantly higher than the economists’ consensus estimate of a 0.5% increase. Food prices rose 2....

UGE - Weekly Market Pulse: Never Mind

Last week the Fed met, and for a few hours everyone thought it meant one thing, but by the next day, everyone had decided that it didn’t mean that at all. In the end, bond yields barely moved and the outlook for the economy only changed mildly. The 10-year Treasury note yield w...

UGE - Strong Consumer Demand But Too Little Inventory

May retail sales equals $620.2 billion and is sharply above the pandemic low of $409.8 billion. The strong consumer demand has overwhelmed retail and business inventory levels, and this shows in the low inventory-to-sales ratio of these segments. On the other hand, shortages of se...

UGE - Discretionary Spending Categories Drag Down May Retail Sales

Retail sales and food-services spending fell 1.3% in May following gains in three of the prior four months. Core retail sales, which exclude motor vehicle dealers and gasoline retailers, posted an 0.8% decline for the month, leaving that measure with a 23.8% gain vs. a year ago. F...

UGE - May Retail Sales Decline, 10%+ Gain In Retail Sales Since Onset Of Pandemic Remains Intact

At first glance, May’s retail sales report, like April’s, looks like a big miss, as sales declined -1.3% nominally, and after adjusting for inflation, declined -2.0%. Retail sales are 18% higher than they were in February 2020. Vaccine-driven economic recovery, subdu...

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