Disney is back. After several quarters of cutting costs and revamping its streaming business, CEO Robert Iger’s turnaround plans is paying off: On Thursday, the entertainment giant reported strong quarterly earnings and a robust outlook for the coming year. Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) jumped 39% year over year to $1.14, outpacing the $1.10 estimate, LSEG data showed. Shares of Disney popped 10% on the results. Bottom line It was a great quarter. Sales and earnings beat. The…
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MONTREAL, Nov. 14, 2024 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the Company or Osisko Metals) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce an updated Mineral Resource Estimate (MRE) for the Gaspé Copper Project, located near Murdochville in the Gaspé Peninsula of Quebec. The updated MRE (Table 1) includes pit-constrained resources comprising 824 million tonnes grading 0.34% CuEq of Indicated category and 670 million tonnes grading 0.38% CuEq of Inferred category. This MRE represents a 53% increase in copper-equivalent metal content over the previously reported Indicated Resource and a 100-fold increase in copper-equivalent metal content in Inferred Resources…
Our 4×4 Asset Allocation philosophy approaches every asset or strategy based on how it contributes to — or detracts from — four goals: Growth, Income, Preservation, and Liquidity. In particular, under the 4×4 Goal Parity framework, each of these goals has equal weight. So, what does a goals-based approach to equity factors look like from this perspective? The literature on equity factors, particularly Eugene F. Fama and Kenneth R. French’s extended family of factors, is deep and extensive. These include Small Minus Big (SMB) and High Minus Low (HML), which respectively describe the difference between returns of small- and large-cap…
While world leaders discussed climate finance and emissions cuts, protesters urged wealthier nations — the main contributors to greenhouse gas — to fund climate adaptation efforts for poorer countries suffering the most from its effects. Source link
Rivian Automotive (NASDAQ: RIVN) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after the company announced final terms for a joint venture (JV) with global automaker Volkswagen. But shares of the electric vehicle (EV) start-up were down by 5% today, as of 11:15 a.m. ET. Investors cheered the details announced with the closing of the JV yesterday. But the partnership had been previously announced, so today’s drop likely reflects that fact, as well as uncertainty about Rivian’s long-term success. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign…
By Sinead Cruise LONDON (Reuters) – Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain’s “crown jewel” financial industry which she said has shackled the City’s global prospects since the global financial crisis and stifled UK economic growth. According to extracts from her first Mansion House address shared with media, Reeves vowed not to take the UK’s status as a global financial centre for granted, and pledged a raft of growth-focused reforms to earn and preserve this position. Her speech comes as leaders across the industry brace for a possible bonfire of regulation on Wall Street…
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
“The concept of risk is completely invented to ensure that investment doesn’t come to Africa,” Gagan Gupta told an audience of investors and entrepreneurs earlier this year, to resounding applause. Mr Gupta, whose firm works on logistics and utilities across Africa, is optimistic about the continent and scathing about outsiders’ ability to assess it. Philippe Valahu, the boss of PIDG, an infrastructure-finance group, echoes the sentiment: “I spend a huge amount of my time dispelling risk perceptions,” he says. Aubrey Hruby, who advises investors on entering Africa, recalls that “one thing [Americans] always say is, what about corruption? I’m like,…
The Batmobile is arguably the most iconic fictional vehicle ever conceived in modern times. Disagree? Feel free to let us know—we’re all ears. Originating in comic books, the Batmobile has been brought to life by masterful engineers and production designers for live-action films. And now, for the first time ever, you can actually buy one that’s not just a film prop. In an unexpected collaboration, Warner Bros Discovery has partnered with Relevance International and Action Vehicle Engineering to create a limited-edition series of full-scale, real “Tumbler” Batmobiles available for purchase. Yes, you read that right. If you’ve dreamed of owning…
In a remarkable display of market confidence, Cortexyme Inc ‘s stock (NASDAQ:) has surged to a 52-week high, touching the $1.79 mark. This peak comes as a significant milestone for the company, reflecting a robust upward trend over the past year. Investors have shown increasing interest in Cortexyme, propelling the stock to new heights and signaling a bullish outlook on the company’s prospects. The impressive 1-year change data further underscores this sentiment, with Cortexyme Inc boasting a staggering 93.26% increase in stock value over the past year. This growth trajectory has placed QNCX on the radar of both retail and…