The main point of investing for the long term is to make money. But more than that, you probably want to see it rise more than the market average. But Waste Management, Inc. (NYSE:WM) has fallen short of that second goal, with a share price rise of 88% over five years, which is below the market return. Some buyers are laughing, though, with an increase of 34% in the last year.So let’s investigate and see if the longer term performance of the company has been in line with the underlying business’ progress. View our latest analysis for Waste Management While…
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The value of carbon credits linked to grass will be extremely high, relative to those associated with other land use management options. Source link
On Thursday, Jefferies commenced coverage on TPI Composites (NASDAQ:), a manufacturer of composite wind blades, issuing a “Hold” rating and setting a price target of $5.00. The firm highlighted an improving U.S. market environment as a positive factor, but also noted concerns about the company’s operations in Turkey. Specifically, the expiration of a contract with Nordex was cited as a significant risk that could impact TPI Composites’ business. The analyst from Jefferies pointed out that while there is potential for growth in the U.S. market, particularly due to the increase in demand and the potential for wind farm repowering, there…
(Reuters) – U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC’s strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, Source link
Techs led US stock futures higher on Thursday as TSMC’s (TSM) upbeat outlook eased worries about AI chip demand, with the next batch of earnings and retail sales data on deck.Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.8%, while S&P 500 futures (ES=F) added 0.4%. Dow Jones Industrial Average futures (YM=F) held near a record high logged as the major gauges rebounded to close with gains.Contract chipmaker TSMC posted a 54% jump in quarterly profit to beat Wall Street estimates and raised its forecast for 2024 revenue growth amid surging AI demand. The outlook boost from the main chipmaker…
The results are in on the vote deciding the future of the Elliott State Forest in Oregon. On October 15, the three members of the State Land Board approved the plan proposing the forest usage for a research area that will work on protecting animal habitats and increasing carbon storage capacity to mitigate climate change and generate income from the sale of CO2 credits.In a unanimous vote, Gov. Tina Kotek, Secretary of State LaVonne Griffin-Valade, and state Treasurer Tobias Read greenlighted this future agenda. The proposal was also made available for public comments in the period between June 12 and August 4,…
Image source: Getty Images Some UK shares just look too cheap. So here are five that look well worth deeper research and consideration right now. A turnaround may be coming In the lead FTSE 100 index, telecommunications giant BT (LSE: BT.A) is changing hands on a low rating. With the share price near 146p, the forward-looking price-to-earnings (P/E) ratio is just below 7.9 for the trading year to March 2026. That compares to the average rating for the FTSE 100 at about 13.6. However, BT does have risks, one of which is the mountain of debt on the balance sheet.…
Investing.com — Infosys Limited, a digital services and consulting firm, reported third-quarter earnings that met analyst expectations while revenue slightly exceeded forecasts. The company’s stock slipped 1.75% following the announcement. For the third quarter, Infosys (NS:) reported earnings per share of $0.19, in line with analyst estimates. Revenue came in at $4.89 billion, surpassing the consensus expectation of $4.87 billion. The company achieved a year-over-year revenue growth of 3.3% in constant currency terms. Infosys CEO and MD Salil Parekh commented on the results, stating, “We had strong growth of 3.1% quarter-on-quarter in constant currency in Q2. The growth was broad-based with…
Amazon announced it’s investing in small nuclear reactors to power data centers and artificial intelligence. Source link
CHANTILLY, Va. – Parsons Corporation (NYSE: NYSE:), a technology provider in national security and infrastructure markets, has been selected for a $225 million multiple award task order contract by the United States Army Corps of Engineers (USACE) Kansas City District. The company will participate in environmental remediation projects with a one-year base period and four one-year options, marking new work for Parsons. The contract is part of efforts funded by the Infrastructure Investment and Jobs Act and supports Environmental Protection Agency (EPA) cleanup initiatives aimed at safeguarding public health and safety. Parsons will compete for task orders that involve remediation…