By Stephanie van den Berg THE HAGUE -Human Rights Watch said on Thursday that Israel has killed thousands of Palestinians in Gaza by denying them clean water which it says legally amounts to acts of genocide and extermination. “This policy, inflicted as part of a mass killing of Palestinian civilians in Gaza, means Israeli authorities have committed the crime against humanity of extermination, which is ongoing. This policy also amounts to an ‘act of genocide’ under the Genocide Convention of 1948,” Human Rights Watch said in its report. Israel has repeatedly rejected any accusation of genocide, saying it has respected…
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The Federal Reserve has spoken, and as far as investors are concerned, the message was clear – clearly hawkish. Now it’s over to the Bank of Japan and Bank of England, the two biggest and most important of the clutch of central bank policy decisions on Thursday. This recent burst of central bank meetings reaches its crescendo with decisions on Thursday also coming from Norway and Sweden, and more importantly from an Asian perspective, Taiwan and the Philippines. Investors in Asia go into Thursday on the…
This sale was conducted under a pre-established trading plan, adopted on March 13, 2024, as part of a Rule 10b5-1 plan, which allows insiders to set up a trading plan for selling stocks they own. Following this transaction, Maroney retains ownership of 1,636,097 shares in the company. With a market capitalization of $2.07 billion, InvestingPro analysis suggests ALHC is currently trading slightly below its Fair Value, while maintaining a “GOOD” overall financial health score. Subscribers to InvestingPro can access detailed insights through the comprehensive Pro Research Report, which provides in-depth analysis of ALHC alongside 1,400+ other US stocks. With a…
This sale was conducted under a pre-arranged trading plan established in March 2024, in accordance with Rule 10b5-1. Following this transaction, Llewelyn retains ownership of 98,702 shares in the company. While the company isn’t currently profitable, InvestingPro data shows analysts expect profitability this year, with 6 analysts recently revising earnings estimates upward. Get access to detailed analysis and 7 additional ProTips for HCAT through InvestingPro’s comprehensive research reports. While the company isn’t currently profitable, InvestingPro data shows analysts expect profitability this year, with 6 analysts recently revising earnings estimates upward. Get access to detailed analysis and 7 additional ProTips for…
Image source: Getty Images A high price-to-earnings (P/E) ratio can sometimes put value-oriented investors off buying a stock. But with some growth shares, this can be a mistake. Stocks that trade at big earnings multiples can be a great investment. Charlie Munger’s Costco Wholesale (NASDAQ:COST) example illustrates this perfectly. A Charlie Munger recommendation At the 2022 Daily Journal shareholder meeting, Munger said the following: I’ve always believed that nothing was worth an infinite price. So at some [point] even an admirable place like Costco could get to a price where you would say ‘that’s too high’. But I would argue…
E-motorcycle manufacturer Selex Motors is preparing procedures to issue carbon credits in 2025 for its Selex smart electric vehicle (EV) project, which completed verification process by the Gold Standard in late November. Limitations abound for domestic EV carbon credits, source: freepik.com Gold Standard is an international standard for projects that reduce greenhouse gas emissions, including REDD+ projects. The company also expects to start rooftop solar connections to charge Selex battery stations. Selex is renowned as the only company in Southeast Asia to exclusively develop all core components for e-scooters and a new operating system for 2-wheelers. The company will collect…
ABU DHABI – ADNOC Murban RSC Ltd, a wholly-owned subsidiary of the Abu Dhabi National Oil Company (ADNOC), has disclosed its unaudited interim condensed financial statements for the third quarter ending September 30, 2024. The financial details, which cover both the three-month and nine-month periods, reflect the company’s latest economic performance. ADNOC Murban, established on August 19, 2021, operates as the primary entity for ADNOC Group’s debt capital market issuances and is rated accordingly. The subsidiary’s formation is part of ADNOC’s broader strategy to maximize the value of Abu Dhabi’s hydrocarbon reserves in a responsible and sustainable manner. This approach…
If you’re not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Amongst other things, we’ll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company’s amount of capital employed. Ultimately, this demonstrates that it’s a business that is reinvesting profits at increasing rates of return. With that in mind, we’ve noticed some promising trends at JAKKS Pacific (NASDAQ:JAKK) so let’s look a bit deeper. If you haven’t worked with ROCE before, it measures the ‘return’…
In a survey by the Senior Citizens League, 69% of older adults said they worry that high prices caused by inflation will drive up their spending and cause them to deplete their retirement savings and other assets. – Getty Images Some rules are meant to be broken. The time-honored — and sometimes controversial — 4% rule suggests that a retiree should be able to withdraw 4% of their savings and investments in their first year of retirement and then adjust the dollar figure based on their updated balance every year thereafter. The theory is that this method gives people an…
European markets are expected to nosedive at the open Thursday, following their global counterparts lower after the U.S. Federal Reserve signalled yesterday that few rates cuts are on the horizon.The U.K.’s FTSE 100 index is expected to open 84 points lower at 8,105, Germany’s DAX down 265 points at 19,993, France’s CAC down 105 points at 7,284 and Italy’s FTSE MIB down 507 points at 33,876, according to data from IG.The anticipated lower open for Europe comes follows a Wednesday sell-off on Wall Street after the Fed, which cut its overnight borrowing rate by 25 basis points to a target range of…