Yahoo Finance Phebe Novakovic Has Kept General Dynamics a Step Ahead of Peers
The defense contractor has stayed more profitable than other industry players, and its stock has outperformed.
The defense contractor has stayed more profitable than other industry players, and its stock has outperformed.
(Bloomberg) -- Canada’s newest oil pipeline has turbo-charged exports of the country’s heavy crude to Asia and a diversion through California is making for a longer but potentially cheaper journey.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksSupreme Court Blocks EPA ‘Good Ne
China's potential imposition of anti-dumping measures on European Union pork imports, a disastrous scenario for the bloc, could benefit Brazil's exporters but also affect the country's ability to compete elsewhere, analysts and industry sources said. Chinese companies have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media have reported. The potential for additional demand from China as a consequence of any anti-dumping measures is welcome for Brazilian exporters.
WARSAW (Reuters) -Poland's biggest energy company Orlen warned gas companies in Hungary, Slovakia and Austria that it could seize their payments for imports from Russia's Gazprom, sources familiar with the matter said. The warnings, in letters sent over a month ago, are linked to claims for losses Poland incurred after being cut off from Russian supplies in 2022, two sources with knowledge of the letters told Reuters. Poland was cut off for not paying in roubles as Western nations imposed sanctions on Russia following its invasion of Ukraine.
Amidst a landscape where the Canadian market shows resilience with steady economic growth and rising stock values, consumer sentiment remains tepid, reflecting a complex interplay of economic factors. In such an environment, identifying stocks that are potentially undervalued becomes particularly compelling as they may offer opportunities for investors seeking value in a market where broader indices have been performing robustly.
The argument is about a lot more than Detroit and cars.
The Indian stock market has shown remarkable growth over the past year, rising by 46%, with earnings expected to increase by 16% annually. In this context, identifying stocks that are potentially undervalued can offer investors opportunities for significant value in a thriving market environment.
China this month approved 104 new video games from mainland developers, including titles from internet giants Tencent Holdings and Alibaba Group Holding. The latest titles given the go-ahead by the National Press and Publication Administration (NPPA) included Tencent's online role-playing game Roco Kingdom: World, and Ruyuan from Alibaba studio Lingxi Games, according to a post on the regulator's website on Tuesday. Alibaba owns the South China Morning Post. This month marked a rebound for China
For the second time in just over a week, travel plans for thousands of Canadians are in jeopardy. With contract talks stalled, WestJet's unionized mechanics have again issued a 72-hour strike notice -- which puts them in a legal strike position early Friday morning. As Andrea Macpherson reports, the airline has responded by saying it will "lock out" those workers.
As global markets exhibit mixed signals with modest gains in the U.S. and challenges in sectors like Chinese real estate, investors are keenly observing opportunities for stable returns. In this context, dividend stocks emerge as appealing options, offering potential resilience and consistent yield amidst fluctuating market conditions.
WestJet has begun to cancel flights on Thursday, ahead of a potential strike by its mechanics. This comes after a second strike notice was issued on wednesday by the union, indicating work stoppage as early as Friday.
U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews. Energy stocks represent just 4.1% by weight of the S&P 500, a third of their 2011 share as tech and health care investments took off. There are fewer institutional and European oil buyers interested, and a lack of ready cash to finance these deals.
Investing.com-- Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar.
Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition in Russia's small but rapidly expanding electric vehicle (EV) sector. Chinese carmakers have already seized more than half of Russia's car market since Western competitors pulled out, taking their technology and know-how with them, after Moscow sent troops into Ukraine in February 2022. Governments in Europe and the United States are growing increasingly wary of Chinese dominance in the EV sector but Russia, rather than imposing tariffs, is embracing Chinese brands across all automobile sectors to prop up its car industry.
STORY: Sales of Zeekr electric vehicles have shot up in Russia over the last year.It puts Chinese carmakers ahead of local competition in Russia's small but rapidly growing EV sector.Chinese carmakers have already seized more than half of Russia's car market since Western competitors pulled out two years ago.They left after Russia sent troops into Ukraine in February 2022.Governments in Europe and the U.S. are growing increasingly more wary of Chinese dominance in EVs.But Russia has welcomed Beijing's brands across all automobile sectors to prop up its car industry.From May 2023 to April this year, more than 20,500 new EVs were sold in Russia - a jump of about 350% on the previous year.Industry data showed Chinese brands made up more than half of sales, while Russian carmakers sold fewer than 4,000 new EVs in that time.Chinese premium brand Zeekr has led the charge - despite having no official representation in Russia.Irina Frank heads a dealership in Moscow, and she said Zeekr sold more than 8,000 cars since June last year."In China, more than 30% of cars are electric vehicles. We (in Russia) still have less than 2% (of electric vehicles). Secondly, people understand that it is environmentally friendly, it is fashionable, it is profitable, it is more profitable than gasoline, I repeat once again - both from the point of view of maintenance and from the point of view of fuel costs per 100 kilometers. And it is the future."A separate dealership said most buyers are wealthier than the average Russian.They added premium cars are the only widely available category of EV, and around 40% of EV owners have charging facilities at home.The Zeekr X, a compact SUV, is on sale from around just over $46,100, similar to prices in Europe.But, in a statement, Zeekr said it had not entered the Russian market and had no approved sales network there.The automaker said it had not deployed any infrastructure such as charging stations, or conducted any other related business in Russia.
One of the largest dealer management systems suspended its systems Wednesday to address the cyberattacks
Over the past year, the United States stock market has shown robust growth with a 23% increase, despite a recent flat performance over the last week. In this climate of anticipated 15% annual earnings growth, dividend stocks continue to attract attention for their potential to offer both stability and steady income.
Investing.com – " Weak retail sales and slow destocking in the US suggest 1H24 will be tougher than consensus expects," reads the June 27 report on Stellantis NV (BIT:STLAM) (NYSE:STLA) (BIT ) prepared by HSBC analysts, who have cut the target price on the carmaker's stock from €23.50 to €22 per share.
Tesla (TSLA) may have some competition in the robotaxi space as Croatian automaker Rimac Automobili is set to launch its new robotaxi service, Verne, in 2026. Yahoo Finance Pras Subramanian joins Catalysts to discuss Rimac's announcement and what it means for the auto sector moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
(Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum stockpiles rose to the highest in more than three years, undercutting optimism about a summer demand surge.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoBolivia’s President Arce Swears in New Army Chief After Coup BidYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorSpaceX Tender Offer Said to Value Company at Record $210 BillionChina’s Fin
As global markets exhibit mixed signals with the S&P 500 reaching all-time highs and technology stocks showing modest gains, investors are navigating through a landscape marked by cautious optimism and shifting economic indicators. In this context, dividend stocks like d'Amico International Shipping offer a compelling consideration for those looking to potentially enhance portfolio stability amidst fluctuating market conditions.