By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) – India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India, forming a new joint venture that strengthens Tata’s position as an Apple (NASDAQ:) supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, said the two sources, who declined to be named as the details are not yet public. The sources did not elaborate on the…
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More than 30 cases were reported in Colorado, including one confirmed death. Author: 9news.com Published: 6:09 PM MST November 16, 2024 Updated: 6:09 PM MST November 16, 2024 Source link
Introduction We have analyzed dozens of public and private market investment strategies, such as merger arbitrage and private equity, respectively, over the last few years, and one common theme has emerged. Most of the products described in more than 300 research papers simply provide exposure to the stock market in complicated wrappers. Once the tide goes out, the risk exposure is the same everywhere. We can demonstrate this phenomenon in different ways. The most common approach is to simply run a factor exposure analysis. Investment products marketed as offering uncorrelated returns often exhibit high betas to the stock market, which…
The year 2024 is about to end in another six weeks. Investors are looking for different ways to maximise their gains in this Calendar year, while capping the losses to the bare minimum. With stock market indices in a free fall where Nifty has already declined 10 percent on FII sell-off, what should investors do to make sure their investment remains secure and the gains are ramped up.It is worth recalling that the foreign institutional investors pulled out a whopping ₹94,000 crore (around $11.2 billion) from the Indian markets in October, the highest-ever, triggered by the high valuation of domestic…
(Bloomberg) — Wall Street analysts are quickly scaling back their forecasts for Corporate America’s earnings growth over the next year, which could pump the brakes on the blistering stock market rally before long. Most Read from Bloomberg A key indicator known as earnings-revision momentum — a gauge of upward-to-downward changes to expected per-share earnings over the next 12 months for the S&P 500 — has slumped into negative territory and is hovering near its second-worst reading in the past year, according to data compiled by Bloomberg Intelligence. Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen…
With Donald Trump set to reenter the White House in January, we’re expecting lots of tough talk and possible tough action aimed at China if his rhetoric is any indication. That’s sure to result in increased volatility for the companies in our portfolio exposed to China, the world’s second-largest economy. Fortunately, as long-term investors, we have the luxury of viewing volatility as a buying opportunity. But that only works if the tough talk weighs more on the stock prices than it does on the actual businesses those stocks represent. So, the question now is: What does an escalation of China…
Image source: Getty Images When investing in my Self-Invested Personal Pension (SIPP), I’m always looking for stocks that I can just buy and forget about. That’s because the strategy I’m using for my pension is focused on long-term dividend growth opportunities. And if executed correctly, modest yields today can grow into something far more substantial by the time retirement comes knocking, providing a steady stream of passive income. Luckily for UK investors, the London Stock Exchange has a pretty wide range of dividend growth stocks to pick from. Some of the most popular are known as Dividend Aristocrats, blessed with…
Discounts on new electric vehicles (EVs) in the UK have nearly doubled compared to those for petrol and diesel cars, according to a report by JATO Market Dynamics. On average, EV buyers received discounts of £5,006 over the past year, significantly more than the £2,652 for internal combustion engine (ICE) vehicles. This marks a substantial 53% year-on-year increase in EV discounts, compared to a modest 13% rise for petrol and diesel cars. Experts attribute this trend to manufacturers’ efforts to meet the UK’s Zero Emission Vehicle (ZEV) mandate, increased market competition—particularly from Chinese brands—and slower-than-expected consumer demand for EVs. Matt…
A Georgia restaurant was struck by a car over the weekend while diners were enjoying their meals, as shown in startling surveillance footage. The incident occurred at Fresca Trattoria, an Italian restaurant in Stone Mountain, Georgia, around 3 p.m. on Saturday. Lisa Myers, the restaurant’s owner, confirmed the crash and noted that brunch service was underway at the time. The footage captured the shocking moment, showing patrons leaping from their seats just seconds before the car barreled into the dining area. The crash was recorded from multiple angles, with one camera showing the vehicle smashing through the restaurant’s glass window…
An investor researching how to build a recession-proof stock portfolio. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Building a recession-proof stock portfolio can help investors weather economic downturns with greater stability and confidence. While no portfolio can be entirely recession-proof, selecting resilient stocks from defensive sectors and diversifying your investments can help you mitigate the impact of a market downturn. A financial advisor can work with you to diversify your portfolio to minimize risk. Investing during a recession differs significantly from investing in a thriving market. In a normal market, economic…