Image source: Getty Images Looking at the FTSE 250, a glorified bakery chain certainly wouldn’t be at the top of my list if I had to guess which business is likely to deliver blockbuster returns. And yet Greggs (LSE:GRG) has developed a hungry habit of defying expectations. Over the last 10 years, the stock’s jumped almost 360%. However, when dividend reinvestments are included, the total return’s closer to 500%. That’s the equivalent of a 19.6% annualised return, giving even mega investors like Warren Buffett a run for their money. Despite this tremendous growth, the long-term potential for Greggs still looks…
Author: user
As the Government of Liberia plans ahead to sell off forests for carbon credit markets, forest communities worry about livelihoods. By Joseph Daniels and Khushali Haji with New Narratives KPATAWEE, Bong County – Bennie Vio walks slowly, a sharp machete resting on his shoulder, observing the growth of the crops he and his family planted Source link
(Reuters) -German automotive and industrial supplier Continental on Monday (NASDAQ:) cut its sales guidance for the second time this year, blaming weak demand from industry in Europe and North America, even as it posted third-quarter core profit above expectations. Continental now expects sales for 2024 to be between 39.5 and 42 billion euros ($42.9 and $45 billion), down from the 40 to 42.5 billion euro range it gave in August, with the cut entirely a result of downward revisions in the ContiTech business, which supplies industry as well as carmakers. August’s guidance was itself a cut, with Continental at the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.China’s markets fell on Monday after a fiscal stimulus package announced by authorities last week to help shore up its economy underwhelmed investors.Hong Kong’s Hang Seng index declined 2.1 per cent, while mainland China’s CSI 300 edged lower. Brent crude, the international oil benchmark affected by the outlook for China demand, was trading 0.4 per cent lower at $73.50 a barrel.Chinese equities had climbed over the past week with expectations of more details on Beijing’s stimulus plan following a monetary policy blitz…
By Kevin Buckland TOKYO (Reuters) -Hong Kong stocks led declines in Asia on Monday (NASDAQ:) after Beijing’s latest stimulus fell short of investor expectations, overshadowing Wall Street’s record highs from Friday and futures pointing to further strength at the reopen. climbed to an all-time high as Donald Trump’s victory in the U.S. presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment. The dollar traded not far from last week’s four-month peak versus major peers as traders prepared for a key reading of U.S. consumer inflation this week, as well as a parade…
We think intelligent long term investing is the way to go. But unfortunately, some companies simply don’t succeed. For example, after five long years the Victrex plc (LON:VCT) share price is a whole 64% lower. That’s not a lot of fun for true believers. And it’s not just long term holders hurting, because the stock is down 44% in the last year. Shareholders have had an even rougher run lately, with the share price down 18% in the last 90 days. Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and…
(Bloomberg) — India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US tariffs, according to people familiar with the thinking of policymakers. Most Read from Bloomberg A depreciating yuan will lower the cost of Chinese goods, potentially leading to more imports and further widening India’s biggest trade deficit with any country. The Reserve Bank of India is poised to cushion the blow by allowing a weaker rupee, even while using its ample reserves to keep the fall in check, according to the people, who…
By Stella Qiu (Reuters) – New Zealand’s central bank will be under greater pressure to ease policy aggressively this month as its rate meeting calendar leaves an unusually long three-month gap until its next gathering, arguing for extra insurance against an economic slump. That is partly why markets and analysts have fully priced in another large 50-basis-point rate cut from the Reserve Bank of New Zealand at its last meeting for the year on November 27. Even a whopping 75 basis point cut is also considered a possibility. “I think front loading the rate cut has some optional values for…
Image source: Getty Images There are many ways that individuals can try and make a tasty passive income today. Every day I have fresh new ideas on how to supplement my earnings dropping into my inbox. But I’m unshaken in my belief that share and fund investing is the best way for me to build a second income. Even setting aside just £50 a week could deliver me a healthy extra income. Here’s how I’d look to achieve this. Reduce costs I think £50 is a decent amount to start out with. However, it isn’t the largest, either. And so…
After Chinese national flags were raised at a festival in Malaysia, prompting a backlash from Malay nationalists, an image of a doctored news article circulated online that falsely claimed China was considering retracting investments in the Southeast Asian country’s northern Kedah state. AFP found the article was manipulated to imitate the South China Morning Post, a Hong Kong-based newspaper. As of November 11, 2024, there were no official reports that China was set to retract investment in Kedah.The fabricated article — shared in a Facebook post on October 28, 2024 — was created under the banner of Hong Kong’s South…