Page 222 - Basic Materials Resources News Today

Bank of America analyst Andrew Obin said Democratic control of Congress might mean more environmental liabilities for the industrial conglomerate.

The Dow industrials rose about 1.4%, off their highs on the day, but tech stocks fell as investors digested news of unrest in Washington and bet that Democrats were poised to take control of the Senate.

Photograph courtesy of Newmont Mining Corporation This article is an excerpt from Barron’s 10 favorite stocks for 2021. To see the full list, click here.  Gold remains a good hedge against ultraloose monetary policies worldwide and possible higher inflation. The metal has risen 24% this year to $1,880 an ounce, but it is way behind Bitcoin, a digital alternative, which is up 220% to more than $23,000. One of the better ways to play gold is through mining industry leader Newmont ...

Order Reprints Photograph by Andrew B. Myers; (background) Suttipong Sutiratanachai/Getty Images Corporate travel has fallen off a cliff during the pandemic, taking airline traffic with it. The Las Vegas Strip, ordinarily bustling with conference-goers and leisure travelers alike, more resembles a quiet resort town than the 24/7 hive of activity it usually is. No cruise ships—aside from some Covid-stricken stragglers—have embarked from or entered U.S. ports since mid-March...

Order Reprints Text size Monro, an auto parts and services retailer, lost a third of its market value. Walgreens, Ralph Lauren, CVS, and Urban Outfitters round out the sector’s worst performers. Cindy Ord/Getty Images With just a few days left in 2020—thankfully—it’s fair to say that it’s been a wild ride, for the market and the world. Some retailers were caught up in the whirlwind. Here are the five worst-performing retail stocks with a market value of more th...