Select Water Solutions (ticker unspecified), a key player in the water management industry, showcased significant growth in its third-quarter earnings call on November 6, 2024. The company reported a 20% increase in third-quarter revenues and a 33% rise in gross profit before depreciation and amortization (D&A) compared to the second quarter of 2024. Year-over-year figures were even more impressive, with revenue up by 40% and gross profit surging by 99% compared to the third quarter of 2023. The earnings call, led by Vice President Garrett Williams, CEO John Schmitz, and CFO Chris George, presented a positive outlook for the company…
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NEW YORK–(BUSINESS WIRE)–CRH plc (NYSE: CRH (NYSE:)), the leading provider of building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders. Between August 8, 2024 and November 6, 2024, 3.4 million ordinary shares listed on the New York Stock Exchange were repurchased. This brings total cash returned to shareholders under our ongoing share buyback program to $8.2 billion since its commencement in May 2018. CRH today also announces that it has entered into an arrangement with Mizuho (NYSE:) Securities USA LLC (Mizuho)…
By Joe Cash BEIJING (Reuters) -China’s exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the U.S. and the European Union, as the threat of a two-front trade war loomed large. Donald Trump’s sweeping victory in the U.S. presidential election has brought into sharp focus his campaign pledge to impose tariffs on Chinese imports in excess of 60% and is likely to spur a shift in stocks to warehouses in China’s No.1 export market. Trump’s tariff threat is rattling Chinese factory owners and officials,…
In order to justify the effort of selecting individual stocks, it’s worth striving to beat the returns from a market index fund. But in any portfolio, there will be mixed results between individual stocks. So we wouldn’t blame long term Eco World International Berhad (KLSE:EWINT) shareholders for doubting their decision to hold, with the stock down 62% over a half decade. So let’s have a look and see if the longer term performance of the company has been in line with the underlying business’ progress. View our latest analysis for Eco World International Berhad Eco World International Berhad isn’t currently…
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term Mensch und Maschine Software SE (ETR:MUM) shareholders have enjoyed a 49% share price rise over the last half decade, well in excess of the market decline of around 4.2% (not including dividends). On the other hand, the more recent gains haven’t been so impressive, with shareholders gaining just 7.5%, including dividends. With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of…
(Bloomberg) — Asian shares rose, following their US peers higher, as investors positioned for a second Donald Trump presidency and an expected Federal Reserve interest-rate cut. Most Read from Bloomberg Chinese stocks were among the biggest gainers on optimism Beijing will roll out more stimulus measures. The S&P 500 surged 2.5% Wednesday, its best post-election day in history, and the Nasdaq 100 advanced 2.7%. The Fed is forecast to trim its benchmark rate by a quarter point Thursday. The rally in US stocks reflected expectations that a Trump policy agenda favoring lower taxes and less regulation may support corporate profits.…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING — Donald Trump’s 2024 presidential win has raised the bar for China’s fiscal stimulus plans, expected Friday.On the campaign trial, Trump threatened to impose additional tariffs of 60% or more on Chinese goods sold to the U.S. Increased duties of at least 10% under Trump’s first term as president did not dent America’s position as China’s largest trading partner.But new tariffs — potentially on a larger scale — would come at a pivotal…
By Valerie Volcovici (Reuters) – This month’s U.N. climate summit – COP29 in Baku, Azerbaijan – has been dubbed the “climate finance COP” for its central goal: to agree on how much money should go each year to helping developing countries cope with climate-related costs. That discussion could be tough following Tuesday’s re-election of former U.S. President Donald Trump, a climate denier whose campaign vowed to remove the top historic greenhouse gas emitter and leading oil and gas producer from the landmark 2015 Paris Agreement to fight climate change for a second time. COP29 delegates will also be looking to…
Vladimir Vladimirov/Getty Images Bitcoin reached a new all-time high on Wednesday as investors banked on President-elect Donald Trump’s win in the U.S. presidential race to boost the cryptocurrency market. Trading volume of the world’s largest cryptocurrency skyrocketed 145 percent in 24 hours. Bitcoin rose nearly 8.5 percent from 7 p.m. Tuesday to 2 a.m. Wednesday, moving almost in lockstep with prospects of a Trump win. The price jumped from around $69,492 at 7 p.m. when polls closed on the East Coast to $74,286 by midnight after it became clear Trump would likely sweep Georgia and North Carolina, narrowing Vice President…
This year has seen the impact investing market begin to bounce back following a slowdown in 2023. Impact fundraising activity has been picking up steam across private equity, venture and real assets strategies, but also increasingly in private debt and burgeoning areas such as secondaries. Despite a broader fundraising malaise in private markets, LPs appear steadfast in their allocations to impact, catalysed by growing opportunities in areas such as climate and the energy transition. Here, we outline three key developments shaping the market as 2025 approaches. 1LPs maintain their taste for impact Appetite for impact and sustainability is on an…