(Bloomberg) — As Boeing Co. lurches from one crisis to the next, there’s been one constant for the embattled planemaker: Its predicament appears to be only getting worse.Most Read from BloombergFrom a freak accident that blew a door-size hole into the fuselage of an airborne 737 Max to revelations of sloppy workmanship and now a crippling strike entering its second month — the icon of US manufacturing been beset by trouble since the first days of January. Cash is dwindling, plane production is anemic and the stock is heading for its worst annual performance since the financial crisis in 2008.Now…
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Die Aussicht auf weiter fallende Zinsen, gute Quartalszahlen und das Ausbleiben einer US-Rezession stützen die Kauflaune. Höhepunkt der Woche: die EZB-Sitzung am Donnerstag.14. Oktober 2024. FRANKFURT (Börse Frankfurt). Ein gelungener Auftakt der US-Berichtssaison am Freitag sorgt für Rückenwind auch hierzulande, wichtiger bleibt allerdings die Aussicht auf weiter sinkende Zinsen. „Zinsfantasie ist derzeit der Treibstoff, der die Aktienmärkte am Laufen hält“, erklärt Claudia Windt von der Helaba. Der DAX steht am Montagmorgen bei 19.367 Punkten nach knapp 19.374 Zählern am Freitag zu Handelsschluss. Das Rekordhoch von 19.491 Zählern von Ende September bleibt somit in Sicht. In den USA hatten Dow Jones und…
Image source: Getty Images Just like me, many might wonder about the merits of looking beyond the FTSE 100 to international indexes such as the S&P 500. Both contain blue-chip companies with attractive growth prospects. But as a cross-border investor, it can be hard to compare apples with apples. So here’s why I prefer the UK index to its larger US counterpart right now. Concentration Let’s start with size. The S&P 500 is enormous with a market cap of around $42trn (£32trn) today. In comparison, the Footsie boasts a £2trn market cap. Despite this greater depth and breadth, I like…
By Yoruk Bahceli (Reuters) – Markets are tentatively optimistic France’s budget may eventually pass its fractured parliament, but remain sceptical of how quickly the country can tidy up its finances, a worry reiterated by Fitch’s downgrade of the country’s rating outlook. France’s government outlined plans for 60 billion euros ($66 billion) of spending cuts and tax rises on Thursday in a belt-tightening budget to rein in a deficit it expects to exceed 6% of GDP this year. The budget’s blueprint was well flagged, so the yield premium France’s bonds pay over top-rated Germany has held steady at around 77 basis…
Image source: Getty Images As a risk-averse investor, I’m always on the lookout for FTSE 100 shares to add to my Stocks and Shares ISA. Although there are no guarantees, the UK’s largest listed companies typically deliver the fewest surprises meaning their share prices are generally less volatile. However, last week, Vistry Group (LSE:VTY), the Footsie housebuilder, proved this isn’t always the case. On 8 October, its shares closed 24.3% lower after the company disclosed that the “total full-life cost projections” to complete nine of its developments had been underestimated by around 10%. It didn’t elaborate as to what went…
HOUSTON, TX – MRC Global (NYSE:) Inc. has announced the upcoming retirement of Rance Long, the company’s Senior Vice President of Sales & Marketing. Mr. Long is set to retire on or about May 2, 2025. The company, a distributor of industrial machinery and equipment, is currently searching for his successor. In the interim, Mr. Long will transition to a new role as Senior Vice President – Marketing Strategy, where he will report directly to the CEO and focus on marketing strategy until his retirement. He will also assist in the handover to the new appointee once selected. The terms…
SUI, APT, TAO, and WIF are showing strength while Bitcoin price consolidates. Source link
The start of the Federal Reserve’s rate cuts last month was expected to bring bond yields down—and take some pressure off the spiraling U.S. debt burden.Last month, Apollo Global Management chief economist Torsten Sløk noted that with U.S. debt now at $35.3 trillion, interest expenses average out to $3 billion a day. That’s up from $2 billion about two years ago, when the Fed began its rate-hiking campaign to rein in inflation. At the time, he had hope for the anticipated Fed rate cuts.”If the Fed cuts interest rates by 1%-point and the entire yield curve declines by 1%-point, then…
The muscle car era began in 1964 with the introduction of the Pontiac LeMans GTO, which blended a mid-size frame with a powerful full-size engine. Around the same time, Chrysler was developing an even more impressive engine—the 426 Hemi. Initially launched in 1965 as a racing engine, the 426 Hemi became available to the public in 1966, and Chrysler enthusiastically incorporated it into its B-body models. The Plymouth division of Chrysler took the lead in distributing the Hemi engine, featuring it prominently in models like the Belvedere and Satellite, despite the Belvedere’s humble beginnings with a 425-horsepower output in its…
Ferrari enthusiasts often cite the Enzo as one of the greatest supercars ever made, alongside other legendary models such as the LaFerrari, F40, F50, and the 288 GTO. Produced between 2002 and 2004, the Enzo was designed by Ken Okuyama at Pininfarina, who also contributed to several other notable models like the 599 GTB and the original Honda NSX. With only 400 units made and some having been totaled, the Enzo has become increasingly rare, which in turn has elevated its market value. When production of the Enzo ended, Maserati utilized its underlying technology to create the MC12. The Enzo…