Young Research & Publishing Inc.

Investment Research Since 1978

Fire, Corruption, and the Best Profits Ever

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Despite a year of scandal, Samsung has just recorded is highest quarterly profits ever. Driving Samsung's profits are sales of new chips and screens, even to competitors like Apple. Timothy W. Martin and MinJung Kim report: America knows Samsung by its consumer brands. But the company owes its fortunes to its less visible but increasingly dominant position in the memory chips and screens from which smartphones are built. Its dominance in those components is so pronounced that rivals like Apple have few other places to turn. Components now represent about 70% of the company’s overall … [Read more...]

Anglo American Just Surprised Shareholders in the Best Way

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After losing cash for two years, and cutting its dividend in 2015, Anglo American surprised shareholders this morning. Management had told shareholders it would try to reinstate the dividend at the end of 2017, but thanks to surging profits, the board of directors was able to pay out a dividend for the first half instead. This is a sign of confidence from one of the world's largest miners. Scott Patterson reports: In a surprise move, Anglo American reinstated its dividend for the first half after having suspended payouts in 2015. The company had previously said it planned to deliver dividends … [Read more...]