New Zealand’s government said it will loosen investment rules in a bid to attract more foreign capital and boost productivity growth. Source link
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The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But in contrast you can make much more than 100% if the company does well. To wit, the IGB Berhad (KLSE:IGBB) share price has flown 102% in the last three years. How nice for those who held the stock! In the last week the share price is up 2.3%.So let’s assess the underlying fundamentals over the last 3 years and see if they’ve moved in lock-step with shareholder returns. Check out our latest analysis for IGB Berhad…
(Reuters) – A U.S. appeals court on Friday put on hold approvals and permits necessary to allow a Kinder Morgan (NYSE:) subsidiary to construct a 32-mile gas pipeline in Tennessee, at the urging of environmental groups. The proposed Cumberland Project, set to be constructed by Kinder Morgan’s Tennessee Gas Pipeline, could transport about 245,000 dekatherms per day of additional to power supplier Tennessee Valley Authority. On a 2-1 vote, Cincinnati-based 6th U.S. Circuit Court of Appeals put a hold on the Tennessee Department of Environment and Conservation’s order issuing a water quality certification and the Army Corps of Engineers’ issuance…
Getty Images; Jenny Chang-Rodriguez/BIAI enthusiasm has rebounded in recent weeks after investors worried about returns over the summer.In the next wave of investment, Goldman Sachs analysts recommend “platform” stocks like Microsoft and Datadog.Analysts recommend stocks that will build a direct application of AI and allow for more widespread adoption.Move over, Nvidia.With artificial intelligence investment rebounding after excitement cooled over the summer, a new set of stocks is set to benefit from the next wave of cash flowing to the burgeoning sector, according to Goldman Sachs.In the next round of AI investment, Goldman Sachs analysts say investors should look past the…
Netflix Inc’s (NASDAQ:) director, Leslie J. Kilgore, recently engaged in a series of transactions involving the company’s stock, according to the latest filings. On October 10, Kilgore sold 383 shares of Netflix at an average price of $730 per share, totaling over $279,590. The transactions were executed under a Rule 10b5-1 trading plan, which Kilgore had adopted on January 29 of this year. This type of plan allows company insiders to set up a predetermined schedule for buying and selling shares at a time when they are not in possession of material non-public information, providing an affirmative defense against accusations…
As earnings season takes off, CNBC’s Jim Cramer on Friday advised investors about what to follow next week on Wall Street. He pinpointed reports from several major banks, along with Netflix and Taiwan Semiconductor.”We’re at the beginning of one of the year’s four reporting periods,” he said. “They’re jumbled. They’re open to a lot of interpretation. They’re fast. So listen to the calls, ponder a moment, and only then should you pull the trigger.”But on Monday, Cramer said he won’t be focused on earnings. Instead, investors will be digesting China’s new stimulus package, which is set to be released this…
In a recent move by Berkshire Hathaway Inc . (NYSE:), the conglomerate has increased its stake in Sirius XM Holdings Inc. (NASDAQ:), purchasing shares worth a total of $86.73 million. The transactions were carried out over several days, with prices ranging from $23.55 to $24.95 per share. The series of acquisitions began on October 9, 2024, with Berkshire Hathaway buying 869,800 shares at an average price of $23.55. This purchase was followed by additional buys on October 10, totaling 1,435,000 shares, with prices averaging between $24.16 and $24.47 per share. The buying spree culminated on October 11, with the acquisition…
KUALA LUMPUR, Malaysia, Oct. 11, 2024 /PRNewswire/ — Shanghai Electric (SEHK:2727, SSE (LON:):601727) unveiled its latest energy innovations at Enlit Asia 2024, the leading conference and expo for the power and energy sector in Southeast Asia, taking place in Kuala Lumpur, Malaysia, from October 8th to 10th. Shanghai Electric showcased its comprehensive portfolio of energy innovations, with its exhibition booth featuring all-encompassing green energy technologies that highlight its latest achievements in clean coal power, solar energy, hydrogen power, and multi-energy technology, offering global attendees a glimpse into Shanghai Electric’s state-of-the-art products designed to facilitate the global transition toward greener energy.…
The Times reports that Prime Minister Sir Keir Starmer’s investment forum is “in chaos after derogatory comments” that a cabinet minister directed at a major shipping company. The paper says Transport Secretary Louise Haigh recently described P&O Ferries as a “rogue operator” over a fire-and-rehire scandal in 2022. The remarks caused the ferry firm’s owner, DP World, to shelve plans for a £1 billion infrastructure investment, the Times adds.DP World boss Sultan Ahmed bin Sulayem will no longer attend the PM’s investment summit on Monday, according to the Daily Telegraph, which describes the snub as an “embarrassing blow” to the…
Chinese stocks are poised for a huge run-up in the next year, according to Renaissance Macro’s Jeff deGraaf.The research firm CEO said perfect conditions are aligning for additional gains exceeding 50%.Other notable investors have been looking to buy the dip in Chinese stocks amid continued stimulus efforts.China’s stock rally isn’t over — and the nation could have the perfect cocktail of ingredients to stage a monster run-up over the next year, according to one Wall Street forecaster.Jeff deGraaf, the CEO of Renaissance Macro Research, says he sees China’s benchmark stock index climbing to 6,000 over the next year. That implies…