In this Motley Fool Live video, recorded on March 31, 2021, Motley Fool contributors Keith Speights and Brian Orelli discuss three critical things investors should look for before buying clinical-stage biotech stocks. Keith Speights: There is some news from last week that you and I didn't get a chance to talk about.
Life Storage (NYSE: LSI) has only been in existence in its current form for a few years (it was known as Sovran Self Storage until 2016), but in the years since its rebranding, the performance has been strong. Since the renaming was completed in August 2016, Life Storage has delivered a total return of almost 80% to investors. With that in mind, here's a rundown of Life Storage's business and why long-term investors might want to take a closer look.
When I was younger, saving money wasn't exactly my strong suit. Plenty of people explained that saving, and especially saving for retirement, was a must. Then I read about a growing number of people learning how to retire early -- often referred to as the "financial independence, retire early" (FIRE) movement.
Canada's Telesat is racing to launch a low-earth-orbit (LEO) satellite constellation to provide high-speed global broadband from space, pitting the satellite communications firm founded in 1969 against two trailblazing billionaires, Elon Musk and Jeff Bezos. Musk, the Tesla Inc CEO who was only a year old when Telesat launched its first satellite, is putting the so-called Starlink LEO into orbit with his company SpaceX, and Amazon.com Inc, which Bezos founded, is planning a LEO called Project Kuiper.
Actor appeared alongside Kid Cudi, Pete Davidson, and Chris Redd in the pre-recorded musical skit
Snow forecast for northeast and Scotland on Sunday
Jordan's King Abdullah and former crown prince and half-brother Prince Hamza have made their first joint-appearance since a rift shook the country last week.State media showed the monarch and other members of the royal family laying wreaths at the memorial to the unknown soldier and tombs of royalty in the Raghdan palace in Amman at a ceremony on Sunday marking 100 years of independence.
Matteo Darmian scored the only goal with quarter of an hour to go as Serie A leaders Inter Milan held off relegation-threatened Cagliari 1-0 to stretch their winning streak to 11 consecutive games as they close in on the league title.
West Ham host Leicester aiming to recapture fourth - but the Foxes will be determined not to miss out on the Champions League this time around
Downing Street insists Sewell report was independent
(Bloomberg) -- An Abu Dhabi sovereign wealth fund may join a group investing in Saudi Aramco’s oil pipelines, in a deal set to be backed by a loan of around $10.5 billion.Mubadala Investment Co., a fund with $232 billion of assets, is in talks with U.S. investor EIG Global Energy Partners LLC, the lead member of the consortium, according to a Mubadala spokesperson. A final agreement has yet to be reached, the spokesperson said.Aramco has helped put together the loan, which the group will use to fund the transaction, according to people familiar with the matter. BNP Paribas SA, Citigroup Inc., HSBC Holdings Plc and Mizuho Financial Group Inc are among the lenders, according to the people.HSBC, Mizuho and Citigroup declined to comment. BNP Paribas didn’t immediately respond to request for comment on Sunday.Washington-based EIG and Aramco, the world’s largest oil company, announced the $12.4 billion deal late Friday. The investors will buy 49% of Aramco Oil Pipelines Co., a recently-formed entity with rights to 25 years of tariff payments for crude shipped through the Saudi Arabian firm’s network. Aramco will own the rest of the shares and retain full ownership of the pipelines themselves.The transaction is part of Saudi Arabia’s drive to open up more to foreign investment and use the money to diversify its economy, which was hammered last year by coronavirus lockdowns and the fall in oil prices.The disposal may also help Aramco reduce its debt and maintain its dividend, the biggest of any listed firm globally. The company -- 98% owned by the Saudi government -- paid out $75 billion to shareholders last year.The deal is structured similarly to one last year involving Abu Dhabi National Oil Co. In June, Adnoc raised $10.1 billion by selling leasing rights in its natural-gas pipelines to a group including Global Infrastructure Partners and Singapore’s sovereign wealth fund, GIC Pte.East-West PipelineHSBC advised EIG on the Aramco acquisition, one of the largest this year in the energy sector. Apollo Global Management Inc., Brookfield Asset Management Inc. and BlackRock Inc. were among the other investors that made or considered bids.Mubadala is the second-biggest wealth fund in the United Arab Emirates, of which Abu Dhabi is the capital.The transaction covers all of Aramco’s existing and future pipelines in the kingdom, according to EIG. The company’s vast network includes the East-West Pipeline, which can carry more than 5 million barrels of crude a day from Saudi Arabia’s main fields in the east to Yanbu on the Red Sea.EIG described it as a “lease and lease-back agreement.” Aramco will lease usage rights for its pipelines to the new subsidiary, which will then give Aramco the exclusive right to use the network for the 25-year period in exchange for a quarterly, volume-based tariff. Aramco will retain all operating and capital expense risk, EIG said.(Updates to say Mizuho and Citigroup declined to comment in the fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
As we mark the 20th anniversary of the iconic Richard Curtis adaptation of Helen Fielding’s bestselling book, Olivia Petter examines the film’s portrayal of what it means to be a single woman
Like, how did she hear Jo? And what else has she heard?
PepsiCo is one of several big-name stocks set to announce earnings results over the next few trading days.
The oil industry is facing an uncertain future. The global economy is in the midst of a multidecade transition to cleaner fuel sources to reduce its carbon emissions profile. Many countries and companies have set ambitious goals of achieving net-zero carbon emissions by 2050.
France's Europe Minister Clement Beaune said Sunday that Turkey had set a "trap" for European Commission chief Ursula von der Leyen by forcing her to sit off to the side on a visit to Ankara, in a photo-op faux pas quickly dubbed 'sofagate'.
The Kremlin on Sunday said it was not moving towards war with Ukraine as Russia increased its military presence on the border with Ukraine's eastern breakaway territories.
France said on Sunday it was too soon to say whether holidays abroad would be possible this summer as a third wave of coronavirus infections continues to spread through Europe. Tough COVID-19 restrictions are enforced in many European countries, hitting recovery prospects for the tourism industry's crucial peak season as governments are struggling to define a timeframe for the gradual reopening of national borders. "I cannot say to you when we will be able to resume travel within Europe," French Minister for European Affairs Clement Beaune told LCI television.
The chief of an indigenous group in the South Pacific nation of Vanuatu that venerated Prince Philip has offered condolences to Britain's royal family and recalled meeting the late prince during a visit to England."The connection between the people on the island of Tanna and the English people is very strong," Chief Yapa of Ikunala village, Tanna, said on Sunday.