S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

Ship owner, operator of interest in California oil spill

Saturday, October 16, 2021 | The Associated Press


In this Thursday, Oct 7, 2021 file photo, Workers in protective suits clean the contaminated beach in Corona Del Mar after an oil spill in Newport Beach, Calif. California's uneasy relationship with the oil industry is being tested again by the latest spill to foul beaches and kill birds and fish off Orange County. (AP Photo/Ringo H.W. Chiu, File)

HUNTINGTON BEACH, Calif. (AP) — The U.S. Coast Guard has designated the Mediterranean Shipping Company and others as parties of interest in an investigation into a vessel that was determined to be the source of an offshore pipeline leak in Southern California.

Coast Guard and National Transportation Safety Board marine casualty investigators boarded a container ship, MSC DANIT, on Saturday in the Port of Long Beach that was involved in a January anchor-dragging incident discovered to be the source of the spill off Huntington Beach on Oct. 2, according to Lt. Cmdr. Braden Rostad.

The designation announced in a statement on Saturday names ship operator Mediterranean Shipping Company S.A. and ship owner Dordellas Finance Corporation.

It provides the owner and operator of MSC DANIT the opportunity to be represented by counsel, to examine and cross-examine witnesses and to call witnesses relevant to the investigation, the statement said.

An investigation into the spill, which includes multiple pipeline scenarios and additional vessels, is ongoing.


7 Social Media Stocks That Are Worth Your Attention

If you have a child in high school, they likely will not know a world that didn’t include social media. And for better or worse, social media is here to stay. That’s because these companies have developed ways to keep their users engaged. And engagement is the keyword.

For the most part, social media companies generate money through ad revenue. Simply put, the more active (i.e. engaged) users they have, the more revenue they generate.

Higher revenue leads to earnings growth. And earnings growth is always a harbinger of a higher stock price. That’s why it’s important for investors to pay attention to this sector even if they’re not active users of social media themselves.

For the purposes of this presentation, we’re not including Facebook (NASDAQ:FB). The company is well known as the leading social media stock. However, the company’s recent troubles are also well documented. And as of this writing, FB stock remains under pressure. It may, and likely will become a buy and perhaps at a better valuation. But for now, Facebook doesn’t get a like.

But if you’re interested in which social media stocks may be good buys, we’re happy to give you “7 Social Media Stocks That Are Worth Your Attention”

View the "7 Social Media Stocks That Are Worth Your Attention".


Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.