By Maki Shiraki TOKYO (Reuters) – Honda (NYSE:) and Nissan (OTC:) are moving towards a closer tie-up with talks of setting up a holding company, a source said, in the clearest sign yet of reorganisation in Japan’s auto industry in response to immense challenges posed by Tesla (NASDAQ:) and Chinese rivals. The discussions, first reported by the newspaper, would allow the manufacturers to cooperate more closely on technology and help Japan’s No. 2 and No. 3 automakers to create a more formidable domestic rival to Toyota (NYSE:). The talks between Honda and Nissan are aimed at setting up a holding…
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The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with some selections. At this point some shareholders may be questioning their investment in Far East Orchard Limited (SGX:O10), since the last five years saw the share price fall 11%. Now let’s have a look at the company’s fundamentals, and see if the long term shareholder return has matched the performance of the underlying business. View our latest analysis for Far East Orchard While the efficient markets hypothesis continues to be taught by some, it has been proven that…
CHICAGO (WLS) — One billion dollars is going toward healthcare on the South Side of Chicago.It’s a monumental investment by Advocate Health Care, changing the lives of some of those who need it most.ABC7 Chicago is now streaming 24/7. Click here to watchThere was a standing ovation for the investment coming to the South Side Tuesday.”They told me I couldn’t tell anyone until today,” South Side resident Betty Porter said.She said it was “very hard” to keep the secret.Porter was one of hundreds of community members who participated in listening sessions, so Advocate Health could get direct feedback.”In the recovery…
LONDON–(BUSINESS WIRE)–Perfect Moment Ltd. (the Company) (NYSE American: PMNT), a high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, received a notification (Letter) from the NYSE American LLC (the NYSE American) stating that the Company is not in compliance with the minimum stockholders’ equity requirements of Sections 1003(a)(ii) of the NYSE American Company Guide (the Company Guide) requiring stockholders’ equity of $4.0 million or more if the Company has reported losses from continuing operations and/or net losses in three of the four most recent fiscal years. As of September 30, 2024, the Company had stockholders’ equity…
Joseph F. Bonner, CFA Senior Analyst: Communication Services & Technology Joe covers the Communication Services sector and selected software technology stocks for Argus. In 2010, he was named #5 Stock Picker for Telecom Services in the Wall Street Journal’s Best on the Street Analyst Survey. In 2008, Joe was named #1 Stock Picker for Media: U.S. by the Financial Times and was second in the Wall Street Journal’s Best on the Street Analyst Survey for Telecommunications: Fixed Line. For more than a decade, Joe worked with Technicolor Inc., where he focused on financial and legal issues. He received his Masters…
On December 13, William Koefoed, the Chief Financial Officer of OneStream, Inc. (NASDAQ:OS), a company currently valued at $7.08 billion and trading at $29.71, executed a series of stock transactions, according to a recent SEC filing. According to InvestingPro data, the company maintains a strong financial position with more cash than debt on its balance sheet. Koefoed sold a total of 13,765 shares of Class A Common Stock, with sales occurring in two tranches. The first tranche involved the sale of 7,569 shares at a weighted average price within the range of $29.09 to $30.08, while the second tranche included…
Google-owned YouTube TV (GOOG, GOOGL) is raising the prices of its monthly subscription plans, with plans rising to $82.99 per month up from the prior $72.99. “We don’t make these decisions lightly, and we realize this has an impact on our members,” YouTube wrote in an email to customers. The company said the increase comes amid the “rising cost of content and the investments we make in the quality of our service.” YouTube TV, the internet pay-TV service that allows viewers to watch live channels and access local broadcast networks like ABC, CBS, FOX, and NBC, launched in 2017. Since…
The Nasdaq Composite is up 32.3% this year, while the ARK Innovation ETF has returned 20.2%. Source link
Steven Amaya, Chief Accounting Officer of TaskUs, Inc. (NASDAQ:TASK), a $1.53 billion market cap company with a “GREAT” InvestingPro Financial Health score, recently executed a series of stock transactions, according to a filing with the Securities and Exchange Commission. On December 13 and 16, Amaya sold a total of 78,179 shares of TaskUs’ Class A Common Stock, amounting to approximately $1.42 million. The shares were sold at prices ranging from $17.13 to $18.17 per share, amid the stock’s impressive 34% gain over the past six months and strong liquidity position with a current ratio of 3.02. In addition to the…
INDIANAPOLIS – Eli Lilly and Company (NYSE: NYSE:), a pharmaceutical giant with a market capitalization of over $700 billion and impressive gross profit margins of nearly 81%, has received approval from China’s National Medical (TASE:) Products Administration (NMPA) for Kisunla™ (donanemab-azbt), marking it as the fourth major market endorsement following the United States, Japan, and Great Britain. According to InvestingPro data, Lilly maintains a GOOD financial health score, positioning it strongly for this expansion. Kisunla is designed to treat adults with early symptomatic Alzheimer’s disease, including those with mild cognitive impairment (MCI) and mild dementia stages who have confirmed amyloid…