Understanding Secondary Offerings

An offering occurs when a company makes a public sale of stocks, bonds, or another security. While the term offering is typically used in reference to initial public offerings (IPOs), companies can also make secondary offerings after their IPOs in order to raise additional capital. In general, secondary offerings are made to the public to […]

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Boeing and Airbus take opposite stances on Russian titanium

US planemaker Boeing has suspended titanium purchases from Russia, the company said on Monday, adding that it has substantial inventory of the metal and other sources to acquire it from. “We have suspended purchasing titanium from Russia. Our inventory and diversity of titanium sources provide sufficient supply for airplane production,” Boeing said in an emailed…

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Tanzania: Come for the nature, stay for the stock market

[Editor’s Note: Today’s Note from the Field comes from Sovereign Man Team Member Joe Jarvis who recently climbed Mount Kilimanjaro in Tanzania.] For some people it starts with loss of appetite. Others get a headache and nausea. Pole, pole is the motto, climbing Mount Kilimanjaro– slowly, slowly. At an altitude of 5,895 meters (19,340 feet), […]

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