Zanzibar is a group of islands in the Indian Ocean and are part of Tanzania. The islands are famous for spices and in recent years tourism has become a booming industry. Though the pandemic was disastrous to most tourism-based economies, as global travel restarts Zanzibar should receive thousands of tourists as well. There are plenty …
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Detroit-based utility, DTE Energy had announced the spin-off of its midstream division last year. On Friday, the spin-off details were confirmed in a press release. DT Midstream will start trading on the NYSE from July 1, 2021 under the ticker DTM. Current shareholders of DTE Energy(DTE) as of record date of June 18, 2021 will receive …
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CSX Corporation, of the major US railroads has announced a stocks split in the ratio of 3:1. This move follows Canadian Railroad Canadian Pacific’s (CP) stock split last month. When the news release came out on Friday, CSX closed at $99.62 and the 52-week high was $104.87. Below is an excerpt from the announcement: JACKSONVILLE, Fla., …
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The Antonov An-225 Mriya is the world’s largest aircraft ever built. It has six powerful turbo engines and a maximum takeoff weight of 640 tons. In the below video from WELT Documentary, the An225 transports twelve electrical transformers from Chile to Bolivia across the mighty Andes mountains. Another excellent video from this channel showing the power of …
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One of the factors that investors are having to deal with this year is Inflation. Soaring demand for goods and services as the economy opens up in the US and shortage of select items are driving prices higher. For example, used auto prices have shot up in recent months due to reduced supply of new …
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