Image source: Getty Images The PZ Cussons (LSE: PZC) share price has been on a downward trajectory for some time now, placing it in value stock territory. Let’s examine what’s happened and whether there’s a buying opportunity for me. Cleaning house! PZ Cussons is best known for its cleaning and hygiene products with approximately 30 brands. Some of these include Imperial Leather, Carex, and more. Over a 12-month period, the shares are down 44% from 160p at this time last year, to current levels of 89p. Recent issues and trading PZ Cussons released a full-year update for the period May…
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Investing.com — Meta Platforms’ (NASDAQ:) heavy investments in artificial intelligence are helping turn the Instagram-owner’s content recommendation models into a “competitive advantage,” according to analysts at Citi. In a note to clients, the analysts said Meta has seen continued engagement “strength and demand” from its users, citing growth in so-called “ad load” on Instagram’s short-form video segment Reels. Ad load, or the amount of advertising content offered within a specific digital context or timeframe, is projected to have increased by 70 basis points to 22.2% in the third quarter, the Citi analysts’ research showed. The strategists subsequently bumped up their price…
Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market, with a market capitalization of over $1.1 trillion. Like other cryptocurrencies, Bitcoin is vulnerable to extreme volatility and sudden price fluctuations. As of 9 a.m. Eastern time today, the price of Bitcoin (1 BTC) is $63,310.31, a difference of +0.81% from yesterday. Bitcoin pricePercentage changePrice of Bitcoin yesterday$62,798.25+0.81%Price of Bitcoin 1 month ago$60,728.44+4.08%Price of Bitcoin 1 year ago$26,597.37+57.99%Price of Bitcoin yesterday$62,798.25+0.81%Price of Bitcoin 1 month ago$60,728.44+4.08%Price of Bitcoin 1 year ago$26,597.37+57.99% Bitcoin has evolved from its original vision as a payment technology to now being…
A beast of a different kind, this 1969 Chevy Camaro, known as “The Closer,” has recently sold for a staggering half a million dollars. Its dark, menacing exterior, coupled with a supercharged LS9 engine delivering 800 horsepower, makes it a force to be reckoned with on the road. Built by Timeless Kustoms, this Camaro is a testament to the art of custom car modification. The car’s aggressive stance is immediately noticeable, with its lowered suspension and wide, muscular body lines. The dark paint scheme, accented by blacked-out trim, adds to its sinister appearance. Inside, the interior is equally impressive, featuring…
The defense sector consists of companies that provide military goods and services, which include aerospace and defense manufacturing, cybersecurity, and advanced technologies. This sector is popular for its stability because it is often backed by government defense spending. This tends to remain consistent regardless of economic conditions. Stocks in this sector, such as those of companies producing military aircraft, vehicles, weaponry, and surveillance technology, can fall under the category of less sensitive to economic cycles. Defensive stocks, while commonly inclusive of utilities and consumer staples, also feature defense sector companies due to their steady demand irrespective of economic downturns. Investing…
Democratic presidential nominee Vice President Kamala Harris steps off Air Force Two at LaGuardia Airport in East Elmhurst, Queens, New York City, U.S., September 22, 2024. Matt Rourke | Via ReutersMore than 700 former national security and military officials endorsed Kamala Harris for president over Donald Trump in the 2024 election in an open letter published Sunday by National Security Leaders for America.”This election is a choice between serious leadership and vengeful impulsiveness,” said the group, which is made up of bipartisan senior leaders who served in the military and other offices and agencies.”We are trained to make sober, rational decisions.…
The question of whether Lincoln will ever return to producing passenger cars, rather than solely SUVs, continues to be a popular topic of discussion in the American automotive industry. While it’s clear that Ford Motor Company has largely abandoned passenger cars in North America, with the Mustang being the sole exception, it’s unfortunate to see Lincoln follow suit. As a premium brand, Lincoln’s focus on crossovers and SUVs seems counterintuitive. In contrast, Cadillac maintains a diverse lineup, including both compact and large sedans, as well as the exclusive Celestiq flagship. The digital world of automotive design has been filled with…
SAN DIEGO – Capricor Therapeutics (NASDAQ: NASDAQ:), a biotechnology company focused on the development of cell and exosome-based therapeutics for rare diseases, announced it will host an investor webcast on Tuesday to discuss recent regulatory developments concerning its Duchenne muscular dystrophy (DMD) program. The webcast, scheduled for 8:30 a.m. ET, follows the company’s recent interactions with the U.S. Food and Drug Administration (FDA). During the session, Capricor aims to provide updates on its lead product candidate, deramiocel (CAP-1002), which is currently in Phase 3 clinical development for DMD treatment. Deramiocel is an allogeneic cardiac-derived cell therapy that has shown immunomodulatory,…
Researchers have discovered a way to purify rare-earth minerals from discarded gadgets with a chemical compound normally used in medicine. They claim their method offers multiple benefits for the environment.Rare-earth minerals, also known as rare-earth metals or rare-earth elements (REEs), include materials such as europium, yttrium, and samarium and have multiple uses in electronics. They are commonly found in smartphones, computers, TV screens and even electric car batteries.Despite their name, REEs are actually quite common but only occur naturally in low concentrations in compounds in ores. This means that in order to be isolated for use, they have to undergo…
ReutersIn race to regain rare earth glory, Europe falls short on mineral goalsFour decades ago, a rare earth processing plant on France's Atlantic coast was one of the largest in the world, churning out materials used….Jun 28, 2024 Source link