Category: Blog
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Höegh LNG Partners reaches agreement with lenders to defer maturity date of the commercial tranche of its PGN FSRU Lampung debt facility
I’m not sure if this is good news or bad news. They don’t expect the refinancing to have better terms than the current debt. Therefore, if that is true, it will have a negative impact on unitholders. Höegh LNG Partners LP (HMLP) announced that it has entered into an agreement with its lenders to defer…
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Profit taking on Albemarle (ALB)
I purchased my holdings in Albemarle (ALB) on August 28, 2019 at $59.06/share. The stock price is up 282% since then and I think it now may be overvalued. In addition, Albemarle’s current dividend yield is only 0.72%. I’m going to reduce my holdings in Albemarle back to my original investment of $5,000, take those…
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Gone fishing
I’m late because I went fishing on Monday. Company focus on Albemarle
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Microsoft announces new Surface devices
There are some nice new products Microsoft announced today. Following is a video of their entire presentation. I’ve included shorter videos that highlight the individual products so you can skip all the flowery bloat.
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Johnson & Johnson claims 100% efficacy after receiving two doses of their COVID-19 vaccine
Data released Tuesday from a late-stage clinical trial showed that study participants in 10 countries including the U.S. who received a second dose of the company’s vaccine two months after the first had 75% protection against symptomatic Covid-19. Participants in the U.S. had 94% protection against the illness. J&J didn’t explain the reason for the…
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Royal Dutch Shell to sell $9.5 billion oil field to Conoco Phillips
Royal Dutch Shell RDS.A -2.16% PLC is close to a deal to sell assets in the Permian basin, the most active U.S. oil field, to ConocoPhillips COP -3.14% for around $9.5 billion, according to people familiar with the matter. The deal could come Monday, assuming talks don’t fall apart, the people said. It comes as Shell is attempting to cut its carbon…