Investors concerned about short-term volatility, yet looking for long-term compounding, should pay close attention to the structural stories behind today’s best names. These three tickers combine sustainable cash flows, massive scale, and clear multi-year growth paths that can reward patient capital over the next decade. Source: Getty Images Brookfield Asset Management Brookfield Asset Management (TSX:BAM) […]
In a bulk deal worth Rs 70 crore, Citigroup on Monday sold nearly 8.3 lakh shares of stock market debutant Clean Max Enviro Energy Solutions. The shares were sold at Rs 846.72 each, which marked a 20% discount on the issue price of Rs 1,053.Clean Max Enviro Energy Solutions made its market debut at Rs […]
A new federal approach that gives U.S. companies more control over which proposals shareholders can vote on at their annual meetings is creating regulatory uncertainty and fueling lawsuits, activists say. The U.S. Securities and Exchange Commission in November changed its traditional process for employees to opt out before a company rejects votes on shareholder proposals. […]
U.S. manufacturing activity grew steadily in February, but a measure of the prices factories paid for raw materials rose to the highest level in nearly three-and-a-half years, underscoring upside risks to inflation amid tariffs even before a U.S.-led attack on Iran sent oil prices higher.The Institute for Supply Management said Monday that the manufacturing PMI […]
By Byron Kaye, Hollie Adams and Joanna PlucinskaLONDON/SYDNEY/HONG KONG, – Travel stocks tumbled on Monday as the escalating conflict between the US, Israel and Iran disrupted flights around the world, closed key hubs in the Middle East and sent oil prices soaring, with analysts warning of weeks of disruption ahead. Data shows that at least […]
Stocks on Wall Street were moderately lower early Monday as the war initiated by US-Israeli attacks on Iran spread across the Middle East, sending oil prices higher.About 20 minutes into trading, the Dow Jones Industrial Average was down 0.7 percent at 48,661.35. The broad-based S&P 500 fell 0.5 percent to 6,845.44, while the tech-rich Nasdaq […]
GIC Re’s decision will impact general insurance companies in the public and private sectors in the field of ship hulls | Photo credit: REUTERS No insurance company will receive reinsurance support for hull war risks from GIC Re for certain risk zones indefinitely, effective Tuesday evening. This move by GIC Re, the largest reinsurer in […]
Night owls can come together for an evening full of debate, discussion and performances. The annual chance to spend the night at BPL’s Central Branch returns on March 14. Photo by Gregg Richards via Brooklyn Public Library by Susan De Vries Settle in for an evening of in-depth discussion at the Central Branch of the […]
The Securities and Exchange Board of India (Sebi) on Monday imposed a fine of Rs 38 lakh on Coffee Day Enterprises and its nine officers after an investigation found that they had misstated financial results and financial statements.The market regulator has conducted an investigation to identify possible violations of its provisions. The study period covered […]
Domestic gold prices shot up by Rs 7,600 per 10 grams or nearly 5% on Monday as the Iran-Israel-US war entered its third day with casualties on both sides. Investors rushed into gold and silver as safe havens were called upon as global stocks fell sharply.MCX April gold futures touched a high of Rs 1,69,679 […]