STOCKHOLM, Oct. 21, 2024 /PRNewswire/ — Analysts, investors, and the media are invited to a presentation of RaySearch’s interim report for the third quarter of 2024 on November 8, 2024, at 10.00 am CET. The report will be published on November 8, 2024, at 07.45 am and will be available together with presentation slides on raysearchlabs.com. Johan Löf, founder and CEO, and Annika Blondeau Henriksson, interim CFO, will present the company’s development in a webcast. After the presentation (held in English) there is the opportunity to ask questions. Link to webcast: RaySearch Q3, 2024 For more information, please contact:Johan Löf,…
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Image source: Getty Images Shares in FTSE 100 commodities giant Rio Tinto (LSE: RIO) have dropped 15% from their 28 December 12-month traded high of £59.08. This was in line with bearishness in the sector primarily caused by weak ongoing demand from China. The country has been the world’s biggest buyer of the commodities required to power its economic growth. But the scale of its ongoing expansion has appeared less certain since its Covid years. A big deal? One lesson I learned as an investment bank trader was to buy long-term bullish assets during bearish market pricing periods. And this…
In order to justify the effort of selecting individual stocks, it’s worth striving to beat the returns from a market index fund. But in any portfolio, there will be mixed results between individual stocks. So we wouldn’t blame long term Hamburger Hafen und Logistik Aktiengesellschaft (ETR:HHFA) shareholders for doubting their decision to hold, with the stock down 27% over a half decade.It’s worthwhile assessing if the company’s economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let’s do just that. See our latest analysis for Hamburger Hafen und…
(Bloomberg) — Carson Block, famous for finding overvalued companies to bet against, said most investors would now do better to just buy the biggest US stocks as steady inflows push the market ever higher.Most Read from BloombergWhile there are concerns over valuation after the S&P 500 Index repeatedly hit new records this year, the Muddy Waters Capital LLC founder said inflows from retirement funds will stay a key driver for further gains, especially for the most heavily-weighted names.“It probably pays to not think too much, just close your eyes and buy probably Magnificent Seven,” Block said in an interview with…
By Jake Spring (Reuters) – The world in 2022 reached its most ambitious deal ever to halt the destruction of nature by decade’s end. Two years later, countries are already behind on meeting their goals. As nearly 200 nations meet on Monday for a two-week U.N. biodiversity summit, COP16, in Cali, Colombia, they will be under pressure to prove their support for the goals laid out in the Kunming-Montreal Global Biodiversity Framework agreement. A top concern for countries and companies is how to pay for conservation, with the COP16 talks aiming to develop new initiatives that could generate revenues for…
Russian President Vladimir Putin (C) enters the hall during the meeting with Iranian President Masoud Pezeshkian (not pictured), October 11, 2024, in Ashgabat, Turkmenistan.Contributor | Getty Images News | Getty ImagesIran has been one of Russia’s few staunch allies throughout the war against Ukraine, but Tehran now faces the strain of indirectly fighting its nemesis Israel on two fronts.Under pressure — but still defiant — Iran could start looking to Russia for help, given its need for greater air defense capabilities and military intelligence to detect a highly-anticipated but yet-to-materialize direct Israeli attack on Iran, analysts told CNBC.Russia is well-positioned to provide Tehran with such capabilities, but the extent to which it will assist…
Image source: Getty Images The shares of FTSE 100 discount retailer B&M European Value Retail (LSE:BME) have taken quite a hit in 2024. Shareholders have suffered a 27% drop in market value as the group’s latest performance has struggled to maintain last year’s momentum. As a result, the stock now trades at a price-to-earnings multiple that lags firmly behind industry leaders like Tesco, J Sainsbury, and Marks and Spencer Group. But this might present an exciting buying opportunity for long-term investors to consider. In fact, B&M may have the potential to more than double in the coming years. Here’s why.…
Euronews Business looks at how to select a good investment portfolio manager, why you need one in the first place, and how to tell if it’s time to part ways. Source link
Sanofi (NASDAQ:) and CD&R partner to fuel Opella’s ambitions in consumer healthcare Sanofi and CD&R enter exclusive negotiations to transfer a 50% controlling stake in Opella with Sanofi to remain a significant shareholder With 11,000 talented and passionate people bringing iconic brands to life, Opella poised to ignite new bold development journeySanofi to become a focused science-driven biopharma delivering innovative medicines and vaccines to patients Sanofi 2024 business EPS guidance upgraded today Paris, October 21, 2024. Sanofi and CD&R announce today a plan to join forces to fuel Opella’s ambitions as a French-headquartered, global consumer healthcare champion. Sanofi and CD&R…
Western Alliance (NYSE:) Bancorporation (NYSE: WAL), a top-performing commercial bank, reported a solid third-quarter performance in its recent earnings call. The bank’s earnings per share (EPS) stood at $1.80, with a notable deposit growth of $1.8 billion and loan growth of $916 million. Despite a slight compression in net interest margin, the bank experienced a 25% increase in net interest income. The mortgage warehouse deposits saw a significant rise, contributing to higher earnings and strengthened customer relationships. CEO Ken Vecchione and CFO Dale Gibbons provided insights into the bank’s financials and future outlook, expressing optimism for the upcoming quarters.Key Takeaways…