You may have an idea wheregold mining companies operate their mines; however, once the yellow stuff is dug out of the ground, where does it go? It certainly doesn't stay in the country where the mine is located. Let's look, then, at the five countries that opened their doors the widest in 2016 to welcome gold imports.Dropping one place from 2015, India was the fifth largest importer of gold last year -- a year in which the subcontinent's gold market was on a wild ride. Significant volatility was due, in part, to the government's announcement that it would be removing banknotes in denominations of 500 and 1,000 rupees. Although demand jumped following the announcement, the effect was temporary; overall demand fell to its lowest level since 2009.Image source: Getty Images.Continue reading
Under Armour Inc.(NYSE: UA)(NYSE: UAA) reported second-quarter earnings on Aug. 1, surprising investors -- and not in a good way -- with a $12 million loss on sales of $1.09 billion, a 9% increase year over year. After years of steadily delivering big double-digit revenue growth and solid operating and net income increases, a hypercompetitive North American apparel and footwear market, along with huge disruption in traditional bricks-and-mortar retail that has put multiple former Under Armour retailers out of business, the company has run into what has proved to be its most difficult period since the Great Recession.And while this is certainly causing pain for the company and investors -- shares have fallen 65% since peaking in late 2015 -- the company announced a restructuring plan to "more closely align its financial resources to support the company's efforts to better serve the evolving needs of the changing consumer and customer landscape."Image source: Getty Images.Continue reading
Target (NYSE: TGT) is one of the biggest retailers in the U.S., but that doesn't mean it's immune to the rapid growth of Amazon.com (NASDAQ: AMZN). Target has reported several consecutive quarters of comparable-store-sales declines. However, comp sales probably returned to growth in the second quarter, according to updated guidance that Target provided last month.In this episode of Industry Focus: Consumer Goods, the team digs into Target's recent business trends and its plans to get sales growing again. Target is in the early stages of a multiyear program to invest in its store base and its e-commerce capabilities, but it seems to be on the right track.A full transcript follows the video.Continue reading
Sometimes small companies, outside the reach of the big dollars of billionaires, can provide some of the best opportunities on the market.We asked three of our investors for some great small-cap ideas and Fogo de Chao Inc. (NASDAQ: FOGO), Ignyta Inc. (NASDAQ: RXDX), and JinkoSolarHoldings Co. (NYSE: JKS)came to the top of the list. Here's why.Image source: Getty Images.Continue reading
If your house has a washroom with old plumbing, and you are preparing to upgrade it with such plumbing fixtures as a new toilet, shower, etc., there are a variety of plumbing related issues you should look at in order to make sure your reconstruction project is successful.
Before you begin, find out what you need to replace. A few of the outdated pieces may still get the job done, and there's no reason for replacing them. On top of that, verify if the old plumbing has shut-off valves if you need to make repairs. If you don't have shut-off valves, you must install them as part of your washroom modernization. A plumber will be able to fix or replace broken piping and add shut-off valves.
There are many components that are necessary which may not be a part of the outdated plumbing. For instance, if you do not have such parts as a pressure valve, you need to have this valve put in When it's installed in the hot and cold pipes to the shower, it will stop sizzling hot or frosty cold water in the shower when a second faucet is opened or somebody uses the toilet.
On top of that, leaded piping is an additional concern since it can be a personal health risk. Proper draining is another concern with old plumbing. After a little while, the old pipes could become damaged or blocked. Plumbing businesses are capable to clear the drain lines and make any repairs .
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