People stand in front of a city council during a session in Kiev, Ukraine on Thursday, March 16,2017. The City Council wants some companies to stop working with Russians. (AP Photo/Efrem Lukatsky)
As the world focuses on the “divorce” between the U.K. and E.U., another divorce court hearing for two other former partners was handed down today in London. In Ukraine vs. Russia on Wednesday, a U.K. court said Kiev still owes the Russians a cool $3 billion.
Russia lent Ukraine the money in 2013 under former President Viktor Yanukovich in the form of a Eurobond governed by English law. The money was mostly set up for Gazprom to be paid by Naftogaz, Ukraine’s state run energy giant.
In his ruling today, British Judge William Blair said, “Ultimately this is a claim for repayment of debt instruments to which the court has held there is no justifiable defense. It would not be right to order the case to go forward to a full trial in these circumstances.”
Hot Heal Care Stocks To Watch For 2018: Golden Star Resources Ltd(GSS)
Advisors’ Opinion:
- [By Cameron Saucier]
Golden Star (NYSEMKT: GSS) is a gold mining and exploration company, and operates gold mines in Ghana, West Africa. GSS is up 396% YTD after it announced in July that it had begun pre-commercial production of gold in an underground mine in Ghana. GSS is trading at $0.825 per share on Monday intraday.
Hot Heal Care Stocks To Watch For 2018: Protective Life Corporation(PL)
Advisors’ Opinion:
- [By David Sterman]
My favorite insurers: AIG (NYSE: AIG) (which I discussed a few months ago), Protective Life (NYSE: PL) and Reinsurance Group of America (NYSE: RGA).
Hot Heal Care Stocks To Watch For 2018: Shutterfly Inc.(SFLY)
Advisors’ Opinion:
- [By Chris Lange]
When Shutterfly Inc. (NASDAQ: SFLY) released its fourth-quarter earnings report after the markets closed on Wednesday, the company said it had $2.63 in earnings per share (EPS) and $561.2 million in revenue. The consensus estimates had called for $2.84 in EPS and revenue of $586.4 million. In the same period of last year, it posted EPS of $3.57 and $548.1 million in revenue.
