SPINNERETTE 10.26.23
2 companies #MTCH
AR +1.35 CME +1.35
CREAM
CREAM (the color) conveys seriousness and reliability. It symbolizes purity, elegance and Luxury.
In Finance it stands for C.R.E.A.M. which is part of the yearn finance YFI that serves users on Ethereum which is a technology that is home to digital $$$, global payments and applications. C.R.E.A.M. was founded by Jeffrey Huang in 2020.
As all of us know, CREAM is a dairy product, and the top three companies that produce cream are Nestle, Lactalis and the Dairy Farmers of America. After all, who doesn’t like Ice Cream?
For those that pamper their skin, CREAM moisturizers keep our skin protected and soft. Many of these companies are public including one of my favorites that trades on the NYSE under the CALL letters EL, the renown Estee Lauder. Co-founded by Josephine Esther Mentzer with her husband Joseph Lauter later changed to Lauder in 1946 and headquartered in New York City.
On a lighter-note, CREAM is the name of the famous British rock band that started in 1966 by members Eric Clapton, Ginger Baker, and Jack Bruce. According to reports their name was selected because the members of the band were considered the ‘Cream of the Crop”. Although they only stayed together for three years, they managed to produce four albums during that period and their iconic music still entertains.
So much information for such a little word!
AR is Antero Resources an American Petroleum Industry specializing in Hydrocarbon Exploration. The company began in Delaware in 2002 by founders Paul M. Rady and Glen C. Warren Jr. and is headquartered in Denver, CO and became Public in 2013 trading on NYSE. Their entire reserves are located in the Appalachian Basin (92%) and the Utica Shale (8%). Hydraulic Fracturing is used to extract their products which include Natural gas, Ethane, Natural gas liquids and Petroleum. Their Revenue is reported over US$4 BILLION and they employ approx. 500.
Traded Today @ $29.47
CME Group is the Chicago Mercantile Exchange also know as The Chicago Merc or simply The Merc. It is a global derivatives marketplace located in Chicago, IL. CME was founded in 1898 as the Chicago Butter and Egg Board an agricultural commodities exchange. CME went public in 2002 and merged with the Chicago Board of Trade in 2007. As a Futures and Options business service The Merc trades several types of financial instruments: Interest rates, equities, currencies and commodities. Their revenue has been reported to be approx. US$5 BILLION employing around 3,500.
Traded Today @ $215.43