After months of whispers and behind-the-curtain chit-chats, Spain-based telecommunications services provider Telefonica (NYSE: TEF) shook hands on a deal with Dutch mobile operator RoyalKPN that's supposed to rock the boat of the German market by knocking Deutsche Telekom (NYSE: DT) and Vodafone (NASDAQ: VOD) out.
Could this deal enable Telefonica to make up for its gloomy five-year revenue growth or should you just steer clear of this beaten-down stock more »
Over the past couple of years, the shipping industry has been engulfed in an endless spiral of macroeconomic headwinds and slashed daily rates. Last year, the Baltic Dry Index, the barometer that gauges the cost of shipping dry bulk commodities around the globe, hit rock-bottom levels smashing every glimmer of hope for an industry recovery.
However, Greek ship owners, who more or less hold the reins of the shipping industry more »
Over the past four years, investors who found themselves stuck with shipping stocks have plenty of reasons to be disappointed. The performance of the Baltic Dry Index is a perfect indicator of how depressed the industry has been. Throughout 2012, the index moved around bottom-low levels and remained below 1,000 points posting the lowest average performance in over two decades.
The slump of the dry bulk sector
The recessive more »
With a market capitalization of $9 billion, Alcoa (NYSE: AA) remains at the forefront of the aluminum industry. Alcoa is the world's largest aluminum provider, as well as, a leading refiner of alumina and miner of bauxite.