The price action has been nothing short of breathtaking — oil has swung by $55 a barrel this year. On Thursday alone, it surged by more than 7% after peace negotiations stalled in Ukraine and billionaire Warren Buffett boosted his stake in a high-flying US oil company. Early on March 17, West Texas crude oil […]
Text size AMC Empire 25 Theater in Times Square, New York Dreamstime AMC Entertainment just struck gold. Literally. The movie theater company announced it has bought a 22% stake in Hycroft Mining Holding and its 71,000-acre gold and silver mine in northern Nevada. CMA (ticker: AMC) will invest $27.9 million in cash in Hycroft ( […]
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