Back in July, Ribble released its latest bike range in the shape of the Allroad. At the time of launch, the Allroad was available in two different frame options, the SL and the premium SLR. Now there is a third option joining the Allroad range with a titanium frame the latest addition. The Allroad Ti combines traditional titanium frame building techniques with a modern twist. The headtube and seat tube clusters are created using a process called additive layer manufacturing (ALM) which is essentially 3D-printing the titanium. This process gives designers far greater creative control over the profiles of these areas…
Author: user
Technology can be useful in limiting the impact of behavioural biases, but human advisers better understand investing nuances. Read on Source link
Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Southern Co . What happened? On Monday, Mizuho downgraded Southern Company (NYSE:) to Neutral with a $90 price target. *TLDR: Mizuho sees limited catalysts for further outperformance despite a 21% P/E premium. Strong load growth and robust capital plan should support SO’s 5-7% EPS growth rate and maintain a strong balance sheet through 2026. What’s the full story? Mizuho downgraded Southern Company to Neutral, after previously upgrading it…
(Bloomberg) — The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the economy remains strong.Most Read from BloombergEconomists see the personal consumption expenditures price index rising just 0.1% in August for the second time in three months. The inflation gauge probably climbed 2.3% from a year earlier, the smallest annual gain since early 2021 and a shade higher than the central bank’s 2% goal.The slowdown in inflation from a year ago reflects falling energy and weaker food prices, along with moderating…
Investors often choose diversified, multi-factor strategies to overcome the limitations of traditional cap-weighted benchmarks. These benchmarks are overly concentrated on companies with the largest market capitalization and expose investors to idiosyncratic risks that are not rewarded over the long term. Moreover, cap-weighted benchmarks incorporate no explicit objective to capture exposure to those risk factors that have been documented in the academic literature to offer a long-term reward. Significant deviations from the traditional cap-weighted benchmark are required, therefore, to deliver stronger risk-adjusted performance over the long term. Namely, choosing stocks that target explicit exposures to rewarded factors and applying a well-diversified…
(Bloomberg) — Just 5% of more than 4,000 projects in the global carbon-credit market are considered high quality, according to an analysis by MSCI Inc.The findings are the latest blow to the voluntary carbon-credit market, which has struggled amid revelations of offerings that fail to deliver promised emission reductions. In July, the Science Based Targets initiative, the world’s top arbiter of corporate climate goals, said a review that it conducted found most credits “ineffective.”In its research, MSCI said it looked at more than 10,000 documents and one million data points, and applied to each project a variety of criteria to…
By David ShepardsonWASHINGTON (Reuters) -The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told Reuters.The Biden administration has raised serious concerns about the collection of data by Chinese companies on U.S. drivers and infrastructure as well as the potential foreign manipulation of vehicles connected to the internet and navigation systems.The proposed regulation would ban the import and sale of vehicles from China with key communications or automated driving system software or hardware, said the two sources, who declined to…
Image source: Getty Images UK stocks have largely had a terrific run so far this year. But despite the British stock market’s upward trajectory, plenty of cheap shares are still being left behind. Some even pay attractive yields, which opens the door to potentially ample passive income. Take Bioventix (LSE:BVXP) as an example. Year-to-date, shares are actually down almost 13%, raising the biotech group’s yield to 4.2% while dragging the price-to-earnings (P/E) ratio down to 23. The latter may not scream bargain. However, considering that this UK stock has historically traded at a much higher premium, it looks like a…
(Reuters) – Southwest Airlines (NYSE:) has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomberg News reported on Saturday. The airline is considering making changes to its flight routes and schedules to increase revenue, the report added, citing the transcript of a video message to employees by Chief Operating Officer Andrew Watterson. “I apologize in advance if you as an individual are affected by it,” Watterson said, according to the report, adding that he didn’t offer any details on the pending moves.…
Leaders of Australia, India, Japan and the United States expanded joint security steps in Asia’s trade-rich waters as outgoing U.S. President Joe Biden hosted counterparts from the Quad grouping established due to shared concerns about China. Biden, meeting Japanese Prime Minister Fumio Kishida, Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese near his Delaware hometown on Saturday, stressed the importance of maintaining the Quad, which he sees as a signature foreign policy achievement. He will leave office after the Nov. 5 U.S. presidential election. The leaders announced joint coast guard operations next year that will include Australian,…