The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking market-beating companies to own shares in. To wit, the Koninklijke Philips N.V. (AMS:PHIA) share price is 76% higher than it was a year ago, much better than the market return of around 22% (not including dividends) in the same period. That’s a solid performance by our standards! On the other hand, longer term shareholders have had a tougher run, with the stock falling 21% in three years.So let’s investigate and see if the longer term performance of the company has…
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The cannabis sector is slowly emerging from its long period of prohibition, and the investment opportunities are turning heads. Retail investors believe in the industry’s future and want to participate before regulations change. The institutions covering the sector are keeping a close eye on it even if most have yet to dip their toes in. The cannabis industry constitutes a new frontier in investing and is ripe with growth opportunities. The hype and speculative froth of 2018 and early 2021 has burned off, and the market is right sizing: Valuations are more reflective of actual profitability, as cannabis companies suffer…
Renewable solutions, Innovation · 10/24/2024Neste Corporation, Press Release, 24 October 2024 at 9:15 a.m. (EET)Neste has decided to withdraw from investing into a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland. The decision follows the completion of the basic engineering phase, which commenced in May 2023. The reasons behind the withdrawal are the company’s challenging market conditions and financial performance, requiring critical assessment of any new investments. Evaluation of this project has been impacted by the tight limitations on the use of renewable hydrogen in the refinery’s processes in fulfilling the Finnish national distribution obligation.…
By Kevin Buckland TOKYO (Reuters) -The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace of interest rate cuts by the Federal Reserve and growing bets of a possible second Donald Trump presidency. The dollar index, which measures the currency against six rivals including the euro and yen, stood at 104.30 as of 0437 GMT, not far from the overnight high of 104.57, a level last seen on July 30. A spate of robust macroeconomic indicators and some hawkish comments from Fed officials have tempered bets for monetary easing…
LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts and was 23% higher than the same period in 2023.Revenue for the period came in at £6.5 billion, slightly ahead of a forecast of £6.39 billion.Barclays shares opened 2% higher in London.The lender’s return on tangible equity rose to 12.3% from 9.9% in the second quarter, as its CET1 ratio — a measure of solvency — rose to 13.8% from 13.6%.Earlier this year, Barclays announced…
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Hap Seng Plantations Holdings Berhad (KLSE:HSPLANT) shareholders have enjoyed a 25% share price rise over the last half decade, well in excess of the market return of around 8.6% (not including dividends). However, more recent returns haven’t been as impressive as that, with the stock returning just 1.4% in the last year, including dividends.Now it’s…
Gemini – (21st May to 20th June)Daily Horoscope Prediction says, discover New Opportunities and Strengthen ConnectionsToday brings new opportunities for growth and connection, as long as you remain open-minded and adaptable. Strengthen relationships through clear communication. Gemini Daily Horoscope Today, October 23, 2024: Today is a day to embrace new opportunities, both personally and professionally. Gemini, today is a day to embrace new opportunities, both personally and professionally. Your natural adaptability will serve you well as you navigate through various situations. Pay attention to communication with those around you, as clarity can lead to deeper connections. Stay flexible and be…
(Bloomberg) — European equities were set to emulate Asia’s lackluster session as concerns on China’s economy and a tight US presidential election dented risk sentiment. The yen halted a three-day drop. Most Read from Bloomberg Euro Stoxx 50 futures edged lower, while contracts for US shares advanced. Most Asian equity benchmarks retreated, with losses led by China. In Japan, Finance Minister Katsunobu Kato said he sees one-sided, rapid moves in the currency market after the yen slumped over 1% against the greenback on Wednesday. Benchmark 10-year US yields dropped three basis points, largely erasing the prior session’s increase when it…
Investing.com – U.K. stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in London, the declined 0.64%. The best performers of the session on the were WPP PLC (LON:), which rose 6.10% or 47.20 points to trade at 820.80 at the close. Meanwhile, Smurfit WestRock PLC (LON:) added 4.60% or 157.00 points to end at 3,574.00 and Reckitt Benckiser Group PLC (LON:) was up 3.99% or 190.00 points to 4,953.00 in late trade. The worst performers of the session were 3I Group PLC (LON:), which fell 2.45% or…
By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year. The company played down market concerns about an oversupply of the chips used in generative AI chipsets, saying production of higher-margin HBM chips was limited due to technological challenges, while demand was proving stronger than expected. “We believe that it is premature to talk about demand slowdown for AI chips and HBM at…