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Following an attempt at cornering the silver market by the Hunt brothers in 1980, gold and silver prices briefly spiked in an event referred to as Silver Thursday.. In finance, cornering the market consists of obtaining sufficient control of a particular stock, commodity, or other asset in an attempt to manipulate the market price.
Silver price history in 1960–2020 showing the Silver Thursday event in 1980 Gold price history in 1960–2020 showing the Silver Thursday event in 1980. Silver Thursday was an event that occurred in the United States silver commodity markets on Thursday, March 27, 1980, following the attempt by brothers Nelson Bunker Hunt, William Herbert Hunt and Lamar Hunt (collectively known as the Hunt ...
Hunt Oil Co. is an independent oil and gas company headquartered in Dallas, Texas. It conducts its main oil production activities in the United States , Canada and, as of 1984, in Yemen . [ 1 ] In the past, the company was owned by American oil tycoon Haroldson Lafayette Hunt .
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shares are trading higher after the company reported third-quarter results. Operating revenue fell 3% Y/Y to $3.07 billion, beating the consensus ...
Strong segmental performance benefits J.B. Hunt's (JBHT) Q4 results. For premium support please call: 800-290-4726 more ways to reach us
The jump in the stock price has ignited trading in the chip designer's options, with volume soaring to about 490,000 contracts a day over the last three sessions.
Nelson Bunker Hunt (February 22, 1926 – October 21, 2014) was an American oil company executive. He was a billionaire whose fortune collapsed after he and his brothers William Herbert and Lamar [ 1 ] tried to corner the world market in silver but were prevented by government intervention. [ 2 ]
J.B. Hunt (JBHT) benefits from strong shipping demand. The company's consistent efforts to reward shareholders through dividend and buybacks are also encouraging.