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Monday put investors in lithium and rare earth metal stocks on the edge. While Standard Lithium (NYSEMKT: SLI) and Lithium Americas (NYSE: LAC) sank 10.7% and 13.3%, respectively, by 2:30 p.m. EDT, rare earth stock MP Materials (NYSE: MP) was down 8.5% by then. W...
Financial assets crashed worldwide on Monday as the second-largest property developer Evergrande collapsed. China has been in a property bubble for years, with home price-to-income ratios over 30X and the development of numerous vacant cities around the country. The PBOC already h...
Online travel reservation and information provider TripAdvisor (NASDAQ:TRIP) was getting cancelled by investors, Monday, as its shares tumbled on negative reaction to the company's plans to abruptly change a new discount feature. TripAdvisor (TRIP) fell almost 8% after reports that will alter...
Famed short-seller Jim Chanos said Monday that the debt crisis facing China-based property giant Evergrande (OTCPK:EGRNF)(OTCPK:EGRNY) highlights the "fragility" of the Chinese economic model, which he argues is "off-the-charts" reliant on real estate. In an interview with CNBC, Chanos, found...
Shares of General Motors (NYSE: GM) were trading lower on Monday amid a broad sell-off driven by fears that the deeply indebted Chinese property developer China Evergrande Group (OTC: EGRNF) could collapse and trigger a broad crisis. As of 12:30 p.m. EDT today, GM's shar...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s going to be a busy week for initial public offerings (IPOs) and we’re collecting a list of some of the biggest upcoming ones to keep an eye on. Source: Shutterstock We’ve seen quite a few m...
Stocks moved sharply lower on Monday morning, as investors woke up to a new week with ongoing concerns about some key issues driving the global economy and the financial markets. As of 11:30 a.m. EDT today, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 504 points to 34...
U.S. tech titans such as Apple (NASDAQ:AAPL), Nvidia (NASDAQ:NVDA) and Applied Materials (NASDAQ:AMAT) joined in a broad slate of tech-sector losses resulting from concerns about the possibility that Chinese property giant Evergrande (OTCPK:EGRNF) could collapse and wreak have on China's econ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you follow any type of financial markets, chances are you’ve seen the name Evergrande (OTCMKTS: EGRNF ) in many headlines recently. Formally referred to as The Evergrande Group or Evergrande Real Estate ...
Shares of Ford Motor Company (NYSE: F) were trading lower at midday on Monday, amid a broad-based sell-off driven by investor concerns about the deeply indebted Chinese property developer China Evergrande Group (OTC: EGRNF) . As of noon EDT, Ford's share price was down a...
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China Evergrande ( OTCMKTS:EGRNF ) could be forced to wind down its operations this month, in one of the biggest corporate failures in modern times. The company, which was once the biggest real estate developer in the country, has failed to reach an agreement with its creditors. Evergrand...