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Avangrid executives once hoped to get state permits for their giant power line in western Maine by the end of the year. That turned out to be wishful thinking. Maine's Public Utilities Commission issued a new timeline Friday for its review of the 145-mile project, which would bring power from Hydro-Quebec's dams in Canada to Massachusetts. Now, the commission is shooting for March. This is just the latest delay. A separate review, by state environmental regulators, was already expected to spill well into 2019. The slowdown has emboldened opponents. This group includes unlikely allies: local power plant owners concerned about competition that's essentially subsidized by Massachusetts ratepayers, and environmentalists worried about the impact on woodlands and renewable energy sources. With each delay, the critics get more hopeful for a "Northern Pass scenario" — that is, death by regulatory scrutiny.
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prediction
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www.bostonglobe.com
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https://www.bostonglobe.com/business/2018/11/02/delays-maine-power-line-review-embolden-its-critics/Uu4TAuosH3xemsr1ksQHtM/story.html
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Any deal as big as Broadcom's planned $61 billion acquisition of the software maker VMware comes with challenges. While many analysts expect the deal to pass regulatory scrutiny, the biggest risk for Broadcom may be a VMware talent exodus after the acquisition, analysts and customers say.
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prediction
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www.businessinsider.com
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https://www.businessinsider.com/broadcom-vmware-acqusition-deal-risks-talent-exodus-brain-drain-2022-6
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However, achieving price increase at a premium rate on in-force long-term care policies is a partial offset. Nonetheless, A.M. Best has reiterated the Long-Term ICRs of "b" of Genworth Financial and Genworth Holdings along with their Long-Term Issue Credit Ratings (Long-Term IR). Outlook of the ratings is stable. The rating affirmation takes into account the company's strategic decision to divest Genworth's 57% stake in Genworth MI Canada to Brookfield Business Partners. The sale proceeds of $1.8 billion are expected to strengthen balance sheet flexibility and liquidity.
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prediction
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www.nasdaq.com
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https://www.nasdaq.com/articles/genworth-and-subsidiaries-get-rating-action-from-a.m.-best-2019-09-09
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Q4 2023 Joe Woody NYSE:AVNS Scott Galovan Yahoo Finance Michael Greiner Earnings Call Transcript Show more... Show less
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not-prediction
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www.insidermonkey.com
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https://www.insidermonkey.com/blog/avanos-medical-inc-nyseavns-q4-2023-earnings-call-transcript-1262243
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Rating agency Moody's on Tuesday placed Yes Bank under review for downgrade, owing to the private-sector lender's exposure to weak companies in the financial sector. The ongoing liquidity pressure on the country's finance companies is likely to impact credit profile, the rating agency also said in a note. The private sector lender has 'sizeable exposure' to weaker non banking financial companies (NBFCs), it added. "The review for downgrade takes into account Moody's expectation that the ongoing liquidity pressure on Indian finance companies will negatively impact the credit profile of Yes Bank, given the bank's sizeable exposure to weaker companies in the sector," the rating agency added. The global rating agency also said that it may downgrade rating if bank's capital ratio declines on its inability to raise capital.
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prediction
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www.financialexpress.com
|
https://www.financialexpress.com/market/moodys-places-yes-bank-under-review-for-downgrade-heres-what-weighs-on-private-lender/1604067
|
Dr Reddy's Laboratories shares plunged as much as 2.24 per cent on Thursday after reports that the US Consumer Product Safety Commission charges company for packaging lapses in at least five prescription drugs. At 1.59 pm, shares of Dr Reddy's Labs were trading 2 per cent down at Rs 3,070. The scrip opened at Rs 3099 and has touched a low of Rs 3062.30. Later, the scrip closed 1.95 per cent down at Rs 3,071.45. The US is company's biggest market, where its business has been hurt by regulatory scrutiny and fewer new drug approvals. However, Dr Reddy's denied allegations made by the US government. For the quarter ended March 31, 2016, the pharma major reported a consolidated net profit of Rs 74.60 crore, down 85.62 per cent, against Rs 518.80 crore in the corresponding quarter a year ago. Consolidated gross sales of the company fell 2.95 per cent year-on-year to Rs 3,756.20 crore.
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not-prediction
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www.financialexpress.com
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https://www.financialexpress.com/market/dr-reddys-labs-shares-plunge-on-packaging-lapses-charges/278559
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J D WETHERSPOON PLC Q1 TRADING UPDATE J D Wetherspoon plc ('Wetherspoon' or 'the Company') presents below its Q1 trading update for the 13-week period up to 27 October 2019. Current trading For the 13 weeks to 27 October 2019, like-for-like sales increased by 5.3% and total sales by 5.6%. Property The Company has opened one new pub since the start of the financial year and has disposed of four. We intend to open between 10 and 15 pubs in the current financial year. In the current financial year to date, the Company has spent £43.3m on buying the freeholds of pubs of which it was previously the tenant and has bought back £6.4m of the Company's shares. Corporate governance (and guaranteed eventual destruction) Commenting on corporate governance issues, the Chairman of Wetherspoon, Tim Martin, said: "While acknowledging the need for a sensible system of corporate governance (CG), I have, for many years, expressed the urgent need for modification of the CG code, summarised in our 2019 annual report (Appendix 1).
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not-prediction
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www.jamessharp.co.uk
|
https://www.jamessharp.co.uk/market-news/jd-wetherspoon-plc-trading-statement
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Shares of Nectar Lifesciences Ltd continued their downward trajectory, hitting the 5% lower circuit on Tuesday, extending their losses to 10% over the past two days. The decline comes after the company disclosed receiving seven regulatory observations, including four critical ones, following an inspection of its active pharmaceutical ingredient (API) manufacturing facility in Punjab. The inspection, conducted jointly by the European Directorate for the Quality of Medicines & HealthCare (EDQM) and the Spanish Agency of Medicines and Medical Devices (AEMPS), evaluated the facility's compliance with European Good Manufacturing Practices (EuGMP). The regulators flagged multiple compliance issues, raising concerns over the company's ability to maintain uninterrupted supply to European markets. The stock has been under pressure as investors react to the regulatory findings, with uncertainty looming over potential corrective measures and their financial implications.
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not-prediction
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www.businessupturn.com
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https://www.businessupturn.com/finance/stock-market/nectar-lifesciences-shares-hit-5-lower-circuit-down-10-in-two-days-amid-eu-regulatory-concerns
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Yet the bank almost certainly didn't come to this realization on its own. JPMorgan has been no stranger to public demonstrations criticizing its involvement in industries ranging from private prisons to fossil fuels, with protesters going as far as disrupting the company's shareholder meetings and picketing outside CEO Jamie Dimon's Manhattan apartment.
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not-prediction
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fortune.com
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http://fortune.com/2019/03/14/jpmorgan-chase-private-prisons
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About Axalta Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful, and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity, and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us @axalta on Twitter. Media contact: Karen Perez D +55 5068 2894 View original content to download multimedia: https://www.prnewswire.com/news-releases/axalta-receives-best-supplier-award-caoa-chery-in-brazil-301357969.html SOURCE Axalta Coating Systems Ltd.
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not-prediction
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apnews.com
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https://apnews.com/press-release/pr-newswire/technology-business-d1a0ccf068112f8135fc805463606f47
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TD Cowen analyst Max Rakhlenko told clients that Home Depot is "better positioned to manage tariffs," as its Pro business makes up 50% of its customer business, compared to Lowe's, which has a 20% exposure to Chinese goods and a larger DIY customer base. Another factor weighing on the retailer is the sluggish housing market, which Home Depot has called out in recent quarters. Homebuilder confidence continued to deteriorate in May, falling six points to 34 from the month prior, indicating that more builders view conditions as poor rather than good. Expected sales in the next six months and traffic from prospective buyers also fell to an 18-month low.
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prediction
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finance.yahoo.com
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https://finance.yahoo.com/news/home-depot-to-report-earnings-with-tariffs-us-credit-rating-downgrade-in-focus-205631967.html
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By David Berman Despite a positive backdrop in Europe – where Germany and France have agreed on a way to better integrate the European economy and Italy announced new austerity plans – Standard & Poor's looks set to interrupt the party. According to The Financial Times, the credit rating agency will announce later on Monday that it is putting Germany, France, the Netherlands, Austria, Finland and Luxembourg on "creditwatch negative." The big surprise here is that these nations are the region's fiscal winners. That means there is a chance that Germany and other top-rated countries could see their credit ratings taken down a notch within 90 days, to AA+ from triple-A. The reason for the warning? The Times quoted S&P as saying that with Germany it is concerned about "the potential impact (...) of what we view as deepening political, financial, and monetary problems with the European economic and monetary union." In other words, there are contagion fears at work here.
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prediction
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seekingalpha.com
|
http://seekingalpha.com/article/311926-will-germany-get-downgraded?source=nasdaq
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However, Amazon shares promptly sank 4% in after-hours trading, offering little relief after a tough start to 2025. The stock is down roughly 13.5% year to date, underperforming even the Nasdaq, as investors weighed macro pressures, regulatory scrutiny, and a potential hit from Trump's proposed tariffs.
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not-prediction
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qz.com
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https://qz.com/amzn-msft-meta-may-1-1851778706
|
Coinbase Global, like all cryptocurrency exchanges, will have to deal with regulatory scrutiny in the 2020s. This doesn't mean Coinbase Global stock should be sold in a state of panic, though. If you're bullish on Bitcoin for the long term, then you should be very interested in Coinbase Global. The recent sell-off in COIN stock appears to be based on fears of a worst-case scenario in the U.S.
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prediction
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www.tipranks.com
|
https://www.tipranks.com/news/article/is-coinbase-stocks-nasdaqcoin-sell-off-overdone
|
There was one company that applauded Janet Yellen's hints at rising interest rates last week: Paychex (PAYX). Paychex is an outsourced HR firm that provides 570,000 small and medium-sized businesses with payroll and more specialized HR services. Because of the bevy of tax and compliance issues involved in a small business paying its people, the firm is able to earn profits for its expertise. So why does that make PAYX a winner in a rising rate environment?
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not-prediction
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www.thestreet.com
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http://www.thestreet.com/story/12540909/1/5-rocket-stocks-to-buy-as-stocks-test-highs.html
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With no reason to care about rail towns beyond how much wealth can be extracted out of them, Canadian National would sacrifice Main Street for Wall Street. Decisions on company governance issues like work schedules, infrastructure investments, and rail safety would be made far away from the people affected most by them.
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not-prediction
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www.bleedingheartland.com
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https://www.bleedingheartland.com/2023/12/14/regulators-should-derail-canadian-bid-for-iowa-northern-railway
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That did little to reassure investors worried about the tightening regulatory scrutiny that forced Jack Ma's Ant Group Co. to call off its $35 billion IPO. Chief Executive Officer Daniel Zhang would only say it's evaluating the impact on its business from more stringent rules governing its 32%-owned sister company. Alibaba's shares slid more than 4% in New York, extending a volatile streak that began with a $68 billion U.S. selloff.
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not-prediction
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au.investing.com
|
https://au.investing.com/news/stock-market-news/alibabas-slowing-sales-spook-investors-already-on-edge-over-ant-2239055
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"With the changing environment and increased focus on compliance, our internal audit function has increased the breadth and depth of its audit scope," Ocwen continued. "Ocwen would also highlight its conservative approach to flagging certain audit findings as higher risk, which is consistent with its historical practice. Management of Ocwen believes it has addressed the higher risk audit issues and currently does not believe that any of the identified higher risk audit findings pose a material financial risk to the company."
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not-prediction
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www.housingwire.com
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http://www.housingwire.com/articles/34247-sp-cuts-ocwens-servicer-rankings-to-below-average
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Warren Buffett's Berkshire Hathaway has made a significant investment move, establishing a major position in UnitedHealth Group despite the healthcare giant facing substantial regulatory pressure. This unexpected vote of confidence from the legendary investor comes as the company navigates a Justice Department investigation into its Medicare billing practices.
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not-prediction
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www.ad-hoc-news.de
|
https://www.ad-hoc-news.de/boerse/news/ueberblick/berkshire-hathaway-bets-big-on-unitedhealth-amid-regulatory-scrutiny/68166433
|
The ratings agency Moody's has downgraded South Africa's sovereign debt rating. The move comes after similar downgrades from Fitch and Standard and Poor's. The South African economy has been struggling of late, amid industrial action on the platinum mines earlier this year and recent electricity blackouts. South Africa's economy narrowly avoided recession in the first half of the year. Moody's downgraded South Africa one notch to Baa2, just two notches above "junk status." While South Africa retains an investment grade, Moody's said its decision was based on "poor medium-term growth prospects due to structural weaknesses, including ongoing energy shortages as well as rising interest rates."
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not-prediction
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moguldom.com
|
https://moguldom.com/77771/south-africa-suffers-another-credit-rating-downgrade
|
Deere said it was no longer "cautiously optimistic", as it had been for so long, as farmers began to shy away from major purchases amid uncertainty about demand for their products both at home and abroad. "Ongoing concerns about export-market access, near-term demand for commodities such as soybeans, and a delayed planting season in much of North America are causing farmers to become much more cautious about making major purchases," added Allen. As of 1550 BST, Deere shares had slid 4.81% $128.97 each.
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not-prediction
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www.sharecast.com
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https://www.sharecast.com/news/international-companies/deere-co-earnings-fall-short-of-estimates-for-fifth-consecutive-quarter--4041074.html
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Some of the largest companies that have filed for Chapter 11 in 2020 include Chesapeake Energy with a debt of $9.2bn, Ultra Petroleum ($5.5bn in debt), Whiting Petroleum ($3.6bn), Denbury Resources ($2.1bn) and Extraction Oil & Gas ($1.9bn).
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not-prediction
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www.thenationalnews.com
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https://www.thenationalnews.com/business/bankruptcy-filings-by-us-energy-producers-at-four-year-high-1.1057849
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But what if your money becomes involved in your cryptocurrency trading platform's bankruptcy as well? Sadly, this is true! According to Vinit Khandare, CEO and Founder of MyFundBazaar, limited market liquidity can cause a collapse in stock prices that ignites a new financial crisis. To survive the liquidity crunch, investors must increase their cash allocations, refrain from taking on excessive positions, be alert to the risk of overall crowding, and devise a comprehensive plan to take advantage of the negative effects of liquidity. In a Securities and Exchange Commission (SEC) statement from May of this year, the largest cryptocurrency exchange operating in the US, Coinbase, said that "supported crypto assets are not insured or guaranteed by any government or government agency."
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not-prediction
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www.sociobits.org
|
https://www.sociobits.org/investors-money-when-crypto-company-goes-bankrupt/9428
|
Mattress Firm's South African parent, Steinhoff International Holdings, has been working on a deal to restructure the debt of some subsidiaries with its creditors, following an accounting scandal that led to its CEO's resignation in December 2017 and cost the company $12 billion. Three months later, Mattress Firm CEO and President Ken Murphy stepped down, leaving Executive Chairman Steve Stanger to assume chief executive responsibilities.
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not-prediction
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www.retailtouchpoints.com
|
https://www.retailtouchpoints.com/features/news-briefs/mattress-firm-reportedly-considers-bankruptcy-while-national-stores-officially-files
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Ford Chief Executive Alan Mulally on Friday ruled out a bankruptcy filing, saying the No. 2 U.S. automaker was focused on its turnaround and managing its cash "very, very carefully" as the market slowdown in the United States spreads to Europe and Asia.
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prediction
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www.timesofmalta.com
|
http://www.timesofmalta.com/articles/view/20081011/world/ford-may-sell-mazda-shares.228336
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While its first-quarter performance was disappointing, PLUG has undertaken multiple actions in recent times to boost its fortunes. So far, its efforts have included restructuring, lowering headcount, asset impairment, and price increases. Meanwhile, PLUG is also facing a class action lawsuit over deceiving investors about delays in the build-out plans of its green hydrogen production facility.
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not-prediction
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www.tipranks.com
|
https://www.tipranks.com/news/plug-earnings-plug-power-plummets-after-q1-numbers-disappoint
|
Asian chipmakers' shares were by and large steady on Friday, with TSMC falling 1.6% and Samsung dropping 1%, slightly underperforming the broader market. LONGER TERM THREAT The Nvidia deal could put Intel's next-generation manufacturing technology on a stronger footing, helping it revive its fortunes after years of turnaround efforts failed to pay off. Intel warned in July that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories. While the new agreement will not involve Intel's contract chip manufacturing business making computing chips for Nvidia, some investors expect their partnership could one day develop into manufacturing deals, potentially a threat to TSMC which currently manufactures Nvidia's flagship processors.
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prediction
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www.freedom969.com
|
https://www.freedom969.com/business/intels-nvidia-deal-expected-to-be-a-mixed-blessing-for-asian-chipmakers
|
"And I'm pretty sure that it will bring further momentum in our growth." Chief Executive Officer Makoto Uchida is cutting costs and capacity after Nissan posted its biggest loss in two decades in the 2019-2020 fiscal year, while seeking to move past the turmoil triggered by the arrest of former Chairman Carlos Ghosn. Last year, Uchida unveiled the Ariya electric crossover and promised to roll out a dozen new vehicles within 18 months as part of a turnaround effort dubbed Nissan NEXT.
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prediction
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www.dailymaverick.co.za
|
https://www.dailymaverick.co.za/article/2021-08-18-nissan-debuts-seventh-generation-of-iconic-z-sports-car
|
While the casino still bears his name, Trump, the presumptive Republican presidential nominee, has not owned it for years. The bankruptcy filing and the benefit terminations at the Taj Mahal happened five years after Trump relinquished control of the casino and its parent company, Trump Entertainment Resorts to bondholders in a previous bankruptcy.
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not-prediction
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indianexpress.com
|
http://indianexpress.com/article/world/world-news/gamblers-cross-trump-taj-mahal-picket-lines-union-warns-of-mice-2892321/lite/
|
Shares of Israeli generic drugmaker Teva Pharmaceutical Industries Ltd. ( TEVA ) dropped more than 10% in early trading Wednesday after the company missed fourth-quarter earnings estimates and said future earnings also will be lower than analysts' forecasts. Teva stock was down 10.64%, or $2.04, to $17.08 in early trading on the New York Stock Exchange after ending the day Tuesday up 1.9% at $19.12. The Jerusalem-based company posted a fourth-quarter net loss of $2.94 billion, or $2.85 a share, vs. a loss of $11.6 billion, or $11.41 a share, in the comparable year-earlier quarter. Excluding impairment charges and restructuring costs, Teva earned 53 cents a share, below the 55 cents a share expected by FactSet analysts. Revenue fell to $4.56 billion from $5.4 billion, also below the FactSet consensus of $4.576 billion. "2018 was the first year of our restructuring plan, and we have met or exceeded all of our key financial targets for the year," Teva CEO Kare Schultz said in a statement.
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prediction
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www.thestreet.com
|
https://www.thestreet.com/investing/earnings/teva-pharma-earnings-and-outlook-miss-estimates-14865109
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The Times' recent earnings statement prompted some concerns about its prospects. Media analyst Ken Doctor noted in a report to his readers : "The big number in the New York Times Company's quarterly report today is a double-digit one: 13.3%. That's the Times' loss in print ad revenue, and it's a number -- if it continues into the year -- that could be devastating to new CEO Mark Thompson's turnaround efforts."
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prediction
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www.aol.com
|
https://www.aol.com/2013/04/29/will-the-new-york-times-soon-make-big-news
|
Mr Brown is soon taking up the job as chief executive of Williams & Glyn - part of the RBS group - after four years with Ulster Bank. Speaking about the latest results, Mr Brown said: "Ulster Bank has increased lending to SME and corporate customers by 31% this quarter and has £1.5bn available for business customers in 2015."
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prediction
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www.belfasttelegraph.co.uk
|
https://www.belfasttelegraph.co.uk/business/news/cull-of-branches-helps-keep-ulster-bank-in-black-31185853.html
|
"Moving Alfa away from the mass market is the biggest risk in Fiat's turnaround plan" said a fund manager who owns Fiat stock. "Until now, all their plans for Alfa Romeo have fallen below target."
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not-prediction
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www.financialmirror.com
|
https://www.financialmirror.com/2013/03/04/alfa-romeo-reboot-marks-tough-road-for-fiat-recovery
|
The recent re-rating of SolGold, which is pre-resource copper-gold exploration play in Ecuador, 18 times your money since March last year, and now land grab from other juniors and majors alike in Ecuador has got the markets attention. Do you think Mongolia has the potential in 12-18 months to be seen as the next "hot spot" like Ecuador? Mongolia was once the hotspot, in the last commodity cycle it was almost mandatory for the major copper players to be seeking to gain exposure, and Ecuador is now seen as a hotspot. Ecuador has had to work hard to win back investors and be re-rated. There was the change of government to pro-development, an IMF bailout package agreed. Lundin Gold are the promoter of a $670m gold project – buying a stalled project from Kinross (discovered in 2006) and then doing a stabilization agreement with the Government. A new discovery by SolGold – a small cap who as you say has seen its share price increase 18x.
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not-prediction
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www.theassay.com
|
https://www.theassay.com/articles/palisade-interview-cameron-mcrae-strategic-perspective-copper-mongolia
|
CHENGDU, China, Aug 30 (Reuters) - Daimler AG's Mercedes-Benz will try to reach deeper into China's inland-west region and small "lower-tier" cities for growth as part of a broader turnaround plan for the world's biggest auto market, according to people familiar with the matter. The initiative, due to be detailed by top Mercedes-Benz China executives at the Chengdu auto show on Friday, is a key component of Daimler's strategic plan to invest 2 billion euros ($2.67 billion) in China over the next two years. The German brand aims to boost sales of Mercedes-Benz cars by a third to more than 300,000 cars a year by 2015, from this year's forecast sales of 230,000 cars. If achieved, the target would make China Mercedes-Benz's biggest market globally. Currently, China is the brand's No. 3 market behind Germany and the United States.
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prediction
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www.foxbusiness.com
|
https://www.foxbusiness.com/fox-business/daimlers-mercedes-benz-set-to-beef-up-sales-network-in-china
|
The eight firms cited by the Federal Reserve — HSBC's U.S. bank division, SunTrust Bank, MetLife, U.S. Bancorp, PNC Financial Services, EverBank, OneWest and Goldman Sachs — should be fined for "unsafe and unsound practices in their loan servicing and foreclosure processing," Suzanne G. Killian, a senior associate director of the Federal Reserve's Division of Consumer and Community Affairs, told lawmakers last month in a House Oversight Committee hearing in New York.
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not-prediction
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thetech.com
|
https://thetech.com/2012/04/03/long5-v132-n15
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On Monday, Mr Widjaja said in a statement that the company would like to assure perpetual securities and preference (P&P) holders, share holders and other stakeholders that it is aware of the tight timelines and the pressure on Hyflux to undertake and complete its debt restructuring exercise. "Our objective in undertaking the invitation (and if successful) is to facilitate an expedited-basis debt-restructuring exercise that is fair and equitable for all stakeholders," he said. He added that while the company has not addressed the perpetual capital securities and preference shares, it intends to engage with P&P holders through the Securities Investors Association Singapore and its advisors as soon as it can after the close of the invitation. Mr Widjaja has set aside S$200 million to purchase the debts and to provide working capital to the group. His offer is subject to a minimum offered discount of 91 per cent. If he is able to buy out all the senior debt, he can retire Hyflux's debts at a discount and take the company out of insolvency without having to make any payments to holders of Hyflux's perpetuals and preference shares (PnP).
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prediction
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www.businesstimes.com.sg
|
https://www.businesstimes.com.sg/companies-markets/hyfluxs-potential-white-knight-pison-assures-investors-it-is-aware-of-tight
|
Marks & Spencer (MKS.L) will rejoin Britain's FTSE 100 (.FTSE) stock index after a four-year hiatus, it was confirmed on Wednesday, capping a return to fashion for the food and clothing retailer after years of failed turnaround efforts. Before its 2019 ejection, the food, clothing and homewares retailer, known affectionately as "Marks and Sparks", had been a member of the blue-chip index since its launch in 1984.
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not-prediction
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cyprus-mail.com
|
https://cyprus-mail.com/2023/09/01/back-in-the-big-time-britains-ms-rejoins-blue-chip-index/
|
BlackBerry Ltd. ( TSX:BB )(NASDAQ:BBRY) has probably one of the most well-documented and longest turnarounds in recent memory. Even better, depending on who you ask, you can expect widely different answers on the company's turnaround efforts; answers range from "it's already failed" to "it hasn't even started." So why is BlackBerry on the verge of a turnaround? Here are three reasons. 1. BlackBerry's final hardware device could be a winner First and foremost, it comes down to devices, or rather, a lack thereof. Historically, BlackBerry's devices were seen as the envy of the market: high build quality, an iconic keyboard that allowed users to quickly tap out emails, and fairly resilient devices that could be dropped off a second floor or run over by a car and still survive. (BlackBerry owners: please, don't try it). Unfortunately, that couldn't stop BlackBerry from falling further behind the competition.
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prediction
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www.fool.ca
|
https://www.fool.ca/2016/11/23/3-reasons-why-blackberry-limited-is-on-the-verge-of-a-major-turnaround
|
Dish Network's parent company, Echostar, could be teetering on the brink of bankruptcy as a crucial debt swap deal hangs in the balance. The satellite TV provider faces a November 22nd deadline to secure agreement from remaining bondholders on a debt restructuring plan, or risk jeopardizing a proposed merger with DirecTV and potentially facing financial collapse. The situation stems from a planned acquisition by DirecTV, announced in September, which would see the two struggling pay-TV giants combine forces to combat the rise of streaming services. DirecTV agreed to acquire Dish for a nominal fee while assuming nearly $10 billion of its debt, contingent on a debt exchange offer being accepted by Dish bondholders. However, the offer, which required bondholders to accept a $1.5 billion reduction in their holdings, was initially rejected, throwing the merger into jeopardy.
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prediction
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cordcuttersnews.com
|
https://cordcuttersnews.com/dish-network-faces-bankruptcy-threat-as-debt-swap-deal-with-directv-falters
|
Next, when we compared with the industry, which has shrunk its earnings at a rate of 7.2% in the same period, we still found Axiata Group Berhad's performance to be quite bleak, because the company has been shrinking its earnings faster than the industry. KLSE:AXIATA Past Earnings Growth April 4th 2021
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not-prediction
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simplywall.st
|
https://simplywall.st/stocks/my/telecom/klse-axiata/axiata-group-berhad-shares/news/axiata-group-berhads-klseaxiata-on-an-uptrend-but-financial
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Market regulator Securities and Exchange Board of India (Sebi) has initiated adjudication proceedings against credit rating agencies Crisil and CARE ratings over suspension of rating in the case of beleaguered Amtek Auto. This is the first time Sebi is taking up the matter against the credit rating agency.
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not-prediction
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www.business-standard.com
|
https://www.business-standard.com/amp/article/markets/sebi-cracks-a-whip-on-credit-rating-agencies-in-amtek-auto-case-117051700601_1.html
|
Investing.com - Axsome Therapeutics Inc (NASDAQ: AXSM ) reported first quarter EPS of $-1.22, $0.08 better than the analyst estimate of $-1.30. Revenue for the quarter came in at $121.46M versus the consensus estimate of $121.58M. Axsome Therapeutics Inc's stock price closed at $112.21. It is down -1.57% in the last 3 months and up 47.76% in the last 12 months. Axsome Therapeutics Inc saw 0 positive EPS revisions and 7 negative EPS revisions in the last 90 days. See Axsome Therapeutics Inc's stock price's past reactions to earnings here. According to InvestingPro, Axsome Therapeutics Inc's Financial Health score is " fair performance ". Check out Axsome Therapeutics Inc's recent earnings performance, and Axsome Therapeutics Inc's financials here. Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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not-prediction
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www.investing.com
|
https://www.investing.com/news/earnings/axsome-therapeutics-inc-earnings-beat-by-008-revenue-fell-short-of-estimates-4021699
|
The court's remarks come as regulatory scrutiny is increasing on the Adani Group. Reuters reported on Friday, citing sources, that SEBI is investigating Adani Group's links to some of the investors in the conglomerate's aborted $2.5 billion share sale. MSCI said that, in addition to the group's flagship firm Adani Enterprises, it planned to cut index weightings for Adani Total Gas - a venture with France's TotalEnergies - and Adani Transmission, a power transmission company.
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not-prediction
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au.lifestyle.yahoo.com
|
https://au.lifestyle.yahoo.com/msci-cuts-adani-group-companies-010608040.html
|
With documents leaked by whistle-blowers revealing several alleged questionable and unethical behaviours perpetuated by Facebook in search of profits causing the largest sell-off this year – followed by a strong rebound, investors and traders alike have had ample opportunities for profit taking. Facebook seems to be taking a leaf from Alphabet (Google's holding company) book to fend off increased regulatory scrutiny which would help to avoid a break-up of their companies (the WhatsApp and Instagram businesses) from its core Facebook application. Mark Zuckerberg is also looking to propel Facebook as the vanguard into the "Metaverse" – basically it is his ambition for Facebook to eventually be known better for its involvement in the metaverse, the next evolution in online connectivity with people living, working and interacting in an immersive virtual world. Reminds one of the movie Ready Player One, the sci-fi movie which came out in 2018.
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not-prediction
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www.iol.co.za
|
https://www.iol.co.za/business-report/opinion/markets-await-facebooks-results-and-metaverse-rebrand-e4180a66-a43a-40f9-9ebf-9a327aa2e357
|
In the meantime Tellabs' stock price has dropped by more than 18% in the year to date and traded at $3.31 per share intraday on Tuesday. As long as investors continue to scratch their heads, the stock price seems unlikely to recover.
|
prediction
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www.businessinsider.com
|
http://www.businessinsider.com/gmi-ratings-governance-issue--tellabs-inc-2012-7
|
USAA's troubles hit a new low when S&P Global Ratings downgraded its financial strength rating from AA+ to AA, following Moody's decision to drop USAA's rating from Aaa to Aa1 on May 19. The culprit? Persistent issues with USAA Federal Savings Bank, which has attracted regulatory scrutiny and suffered financial losses. S&P pointed to "new or continuing violations of law, rule, or regulation" flagged by the Office of the Comptroller of the Currency (OCC) in December 2024, noting that the bank's compliance failures have eroded USAA's overall earnings diversity. Up until 2020, the bank contributed roughly $1 billion annually to USAA's pretax income, but since then it has posted average annual losses of $236 million. These financial stumbles, combined with a weakened resilience compared to peers, led to the downgrade.
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not-prediction
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www.texaspolicy.com
|
https://www.texaspolicy.com/financial-giant-usaa-gets-downgraded-after-debanking-trump-lawyer-going-woke
|
Alphabet Inc., the parent company of Google, stands at a pivotal juncture as it navigates the rapidly evolving landscape of artificial intelligence (AI) while facing regulatory scrutiny and intensifying competition. With a market capitalization of $2.23 trillion and robust financial health score of "GREAT" according to InvestingPro, the tech giant's stock (NASDAQ: GOOGL ) has garnered significant attention from analysts and investors alike, as the company leverages its AI capabilities to maintain its dominance in search and digital advertising.
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not-prediction
|
www.investing.com
|
https://www.investing.com/news/swot-analysis/alphabets-swot-analysis-ai-powers-search-giants-stock-amid-challenges-93CH-4141457
|
At Boeing's late April shareholder meeting in Chicago, 34.8% of shareholders voted for a measure to divide the role of Chairman and CEO, both of which are currently held by Dennis Muilenburg. Splitting leadership roles into standalone positions has long been a hotly debated corporate governance issue, and every year, a flurry of proposals appears during proxy season, few of which actually win. But in Boeing's case, considering this year's proposal gained almost 10 points more than the previous year's proposal, shareholders signaled that they're pretty worried about the level of oversight at the company.
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not-prediction
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fortune.com
|
http://fortune.com/2019/05/10/should-boeings-ceo-stay-chairman-theres-precedent-for-splitting-the-role-after-scandal
|
Klarna's decline is almost perfectly mirrored by its US-listed rival Affirm Holdings Inc., whose market value has tumbled from a $46.8 billion peak in November to about $6.1 billion. Consumer credit startups are contending with their first experiences of soaring inflation, higher rates and looming recession pressures that could cause defaults to spike. Unlike more established banks, they do not have other income sources such as trading desks or home loans to counterbalance a fall in discretionary spending. Buy now, pay later firms are also facing increased regulatory scrutiny.
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not-prediction
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au.news.yahoo.com
|
https://au.news.yahoo.com/amphtml/klarna-funding-cuts-value-6-131533860.html
|
Rating agency Fitch has downgraded IDBI Bank's individual rating to 'D' from 'C/D' and also its Rs 1,500-crore Upper Tier-II subordinated bond programme to 'AA-(ind)' from 'AA(ind)'. The performance of the Mumbai-based public sector bank may continue to lag behind its peers longer than expected due to the deterioration in its credit cycle, the agency said. Even though the bank's non-performing asset ratios improved significantly after bad loans worth Rs 9,000 crore were transferred to a trust in FY04, the current economic slowdown could impact the bank's corporate loan portfolio. Some project loans had to be restructured in the past and could impact asset quality again in the present downturn, Fitch said in its rating review. IDBI's net interest margins have gradually improved, but are likely to remain the lowest amongst domestic banks for the next one to two years due its small base of low-cost deposits.
|
prediction
|
www.business-standard.com
|
https://www.business-standard.com/article/finance/poor-credit-offtake-may-affect-idbi-bank-fitch-109020400003_1.html
|
Stellantis N.V. today revised its 2024 financial guidance, reflecting decisions to significantly enlarge remediation actions on North American performance issues, as well as deterioration in global industry dynamics. The Company has accelerated its planned normalization of inventory levels in the U.S., targeting no more than 330,000 units of dealer inventory by year-end 2024, from a prior timing objective of the first quarter of 2025. Actions include North American shipment declines of more than 200,000 vehicles in the second half of 2024 (up from 100,000 prior guidance), compared to the prior year period, increased incentives on 2024 and older model year vehicles, and productivity improvement initiatives that encompass both cost and capacity adjustments.
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prediction
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oilandgaspress.com
|
https://oilandgaspress.com/global-energy-automotive-news-to-september-30-2024
|
In September, Moody's, another ratings agency had said that a ratings upgrade for India would not be possible before the next couple of years. This was just ahead of the agency's representatives meeting finance ministry officials. Policymakers were miffed at Moody's making such statements even before meeting them and Das told the representatives that he had serious concerns regarding the agency's methodology. He told them that, under the circumstances, the meeting was "completely irrelevant and superfluous". S&P said the upward pressure on credit ratings could emerge if the government reforms improve India's fiscal performance and pushes down the level of net general government debt below 60 per cent of the GDP. Currently, government debt amounts to about 69 per cent of the GDP. Downward pressure on the ratings could re-emerge if growth disappoints as a result of stalling reforms or if interest rate-setting monetary policy committee does not achieve inflation targets.
|
prediction
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www.rediff.com
|
http://www.rediff.com/money/report/why-the-government-is-seeing-red-over-sps-rating/20161103.htm
|
SAIL and Tata Steel are up 1.5% each. Fitch Ratings downgraded SAIL's major's long-term foreign currency issuer default rating (IDR) to 'BB'from 'BBB-'. Fitch Ratings on Friday downgraded Tata Steel and its long-term foreign currency issuer default rating to 'BB' from 'BB+/stable'. The downgrade was on Tata Steel and Tata Steel UK, the rating agency said in a late evening note.
|
prediction
|
www.business-standard.com
|
https://www.business-standard.com/article/markets/sensex-opens-100-points-higher-auto-shares-in-top-gear-116040400115_1.html
|
"Transparency is critical to the evolution of the ESG investing landscape, as well as the management of ESG risks and regulatory compliance," said Ina Budh-Raja, EMEA head of Securities Finance Product & Strategy and global head of Markets ESG at BNY Mellon. "BNY Mellon is committed to providing clients with next-generation solutions and insights designed to help enable alignment with their ESG goals."
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not-prediction
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finadium.com
|
https://finadium.com/bny-mellon-adds-new-esg-ratings-to-securities-lending
|
He was referring to the Chinese billionaire's speech in late October where he reportedly appeared to criticize regulators during a controversial speech. Ma is the founder of Chinese e-commerce giant Alibaba, which owns a roughly 33% stake in Ant Group. Days later, Ant's dual-listing in both Shanghai and Hong Kong was suddenly suspended, sending shares of Alibaba plunging. "Clearly, this was an excuse by the leadership and probably the state banks to crack down on the entire fintech … sector," Collier said.
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not-prediction
|
www.cnbc.com
|
https://www.cnbc.com/2020/12/30/regulation-of-ant-group-is-bad-for-china-economy-fintech-analyst.html?__source=OTS|finance|related|story|&doc=106816852&par=OTS
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Capital investments Avista expects capital investments in 2014 of $335 million, up from $280 million in 2013. The investments encompass upgrades and maintenance of generation facilities, transmission and distribution equipment, natural gas pipe, as well as information technology upgrades.
|
prediction
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finance.yahoo.com
|
https://finance.yahoo.com/news/avista-requests-electric-natural-gas-210500412.html
|
Moody's Investor Service has maintained its Ba2 Corporate Family Rating, with a stable outlook, S&P Global Ratings ("S&P") has affirmed its long-term issuer credit rating of BB+, with a stable outlook, and the Kroll Bond Rating Agency ("KBRA") has kept the Company's corporate rating at BB+, with a stable outlook, while also affirming the BBB/stable investment grade rating and outlook for GSL's 5.69% Senior Secured Notes due 2027. In affirming GSL's credit ratings and stable outlook, the agencies highlighted the Company's track record of using its strong cash flow to deleverage, its focus on maintaining a disciplined, low leverage strategy, and revenue stability based on attractive multi-year time charter agreements.
|
prediction
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www.globenewswire.com
|
https://www.globenewswire.com/news-release/2025/07/08/3112211/0/en/Global-Ship-Lease-Announces-Affirmed-Credit-Ratings-and-Outlooks.html
|
Options as robust as SEN are far and few between. Silvergate's one-time rival for digital asset clients, Signature Bank, recently said it was pulling back on deposits related to crypto companies. Under regulatory pressure, other banks are capping their deposits related to crypto companies at 10 per cent to 15 per cent, and may charge fees for having to deal with increased regulatory scrutiny. Without SEN, costs of fiat conversions could increase 20 per cent to 40 per cent, said Richard Crone, CEO of payment consultant Crone Consulting.
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prediction
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www.businesstimes.com.sg
|
https://www.businesstimes.com.sg/companies-markets/billions-worth-crypto-trades-risk-bank-shutdowns-take-toll
|
The retailer operates the Bed Bath & Beyond, Christmas Tree Shops, Harmon Stores and buybuy BABY chains. Moody's Raises 2007 Outlook Moody's, the parent of its namesake credit rating agency, raised its 2007 outlook to reflect higher growth expectations for U.S. structured finance. The company said it now sees 2007 per-share earnings growth outlook in the low- to mid-teens percent range and revenue growth outlook in the mid- to high-teens percent range. Moody's had earlier expected per-share earnings to grow by a low double-digit percentage, and revenue to grow by a low-teens percentage for 2007.
|
prediction
|
www.cnbc.com
|
https://www.cnbc.com/2007/06/05/bed-bath-beyond-cuts-guidance-moodys-raises-outlook.html
|
Jet Airways owes 11 banks, including nine Indian banks, about Rs 11,261 crore, according to a report in Mint. Its debt to the nine Indian domestic banks amounts to Rs 7,251 crore. Of them, India's largest public sector bank State Bank of India (SBI) has the largest exposure to Jet at Rs 1,958 crore or 27 per cent of the airline's debt burden. Punjab National Bank (PNB) has the second largest exposure at Rs 1,746 crore. The other banks with considerable exposures to Jet Airways' debt include Yes Bank, IDBI, Canara Bank, ICICI Bank, Bank of India, Indian Overseas Bank and Syndicate Bank. Jet Airways also owes $330 million or Rs 2,100 crore to Dubai-based Mashreq Bank and the HSBC Middle East, according to reports.
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not-prediction
|
www.ibtimes.co.in
|
https://www.ibtimes.co.in/bankruptcy-proceeding-threat-complicates-matters-lenders-jet-airways-rescue-efforts-796400
|
I find that China Everbright Greentech's ratio of 6.39x is trading slightly below its industry peers' ratio of 9.39x, which means if you buy China Everbright Greentech today, you'd be paying a reasonable price for it. And if you believe that China Everbright Greentech should be trading at this level in the long run, then there's not much of an upside to gain from mispricing. Furthermore, China Everbright Greentech's share price also seems relatively stable compared to the rest of the market, as indicated by its low beta.
|
prediction
|
au.finance.yahoo.com
|
https://au.finance.yahoo.com/news/now-time-look-buying-china-224920206.html
|
Like most of its competitors, the server and storage hardware is coping with declining revenue related to the pandemic. Dell Technologies' overall revenue tumbled 3% last quarter, reflecting that many customers are struggling to pay for Dell server and Dell EMC storage gear.
|
not-prediction
|
www.techtarget.com
|
https://www.techtarget.com/searchstorage/news/252489068/Dell-layoffs-mark-the-latest-distress-signal-from-tech-companies
|
Any write-downs also would impact bond insurers Assured Guaranty Ltd., MBIA Inc. and Ambac Financial Group, which have guaranteed billions of dollars of Puerto Rico's bonds. Negotiations revolved around a board-approved fiscal plan that allocates about $800 billion a year to creditors for the next decade, less than a quarter of what they are owed. Creditors called it a slap in the face, saying the board wasn't trying in good faith to reach a consensus and avoid litigation. The Title III request, while unprecedented, isn't unexpected.
|
not-prediction
|
www.foxbusiness.com
|
https://www.foxbusiness.com/features/puerto-rico-to-request-bankruptcy-protection-update
|
Addressing a conference on banking today, Federal Reserve Chairman Ben Bernanke restated the Fed's concerns that mortgage lending standards remain too tight. While a return to "pre-crisis lending standards" for home loans "wouldn't be appropriate," Bernanke said current standards "may be limiting or preventing lending to many creditworthy borrowers." A recent Fed survey showed banks are less willing to originate loans that meet Fannie Mae and Freddie Mac's minimum credit scores than they were in 2006 — in some cases, even when borrowers make 20 percent down payments. The reason, Bernanke said, is the risk that Fannie and Freddie will make them buy back defaulted loans if the underwriting or documentation is judged deficient. In a Jan. 4 white paper, the Federal Reserve outlined what it sees as "extraordinary problems plaguing the housing market," including an excess supply of vacant homes, tight mortgage credit, and the costs of an "unwieldy and inefficient" foreclosure process.
|
not-prediction
|
www.inman.com
|
http://www.inman.com/2012/05/10/mortgage-rates-probing-new-lows
|
Chinese property bonds and shares came under heavy selling pressure, a day after Chinese homebuilder Fantasia Holdings' (1777.HK) said it had failed to make a $206 million international market debt payment on time. That followed downgrading of the company by rating agencies, citing weak recovery prospects for bondholders after default as well as concerns about the company's disclosure and governance practices. In a statement, the property developer said that it will assess the potential impact of the non-payment on the group's financial conditions. It did not immediately respond to a Reuters request for comment on the rating downgrades. Developer Sinic Holdings (2103.HK) also suffered a ratings downgrades on Tuesday after it announced that certain subsidiaries had missed interest payments on onshore financing arrangements. S&P Global Ratings lowered its rating on Sinic, saying it had run into a "severe liquidity problem and its debt-servicing ability has almost been depleted".
|
prediction
|
bizenglish.adaderana.lk
|
http://bizenglish.adaderana.lk/chinas-property-sector-default-woes-deepen-amid-evergrande-disquiet
|
AMC, the world's largest theater circuit, was a notable exception to the rally. Its stock dropped 5% on ongoing investor concern about its liquidity and a potential bankruptcy filing. At $2.38, AMC shares are at their lowest point since early November, though they are still a notch above their 2020 bottom of $1.95, established in mid-March as Covid-19 shuttered theaters across the Western hemisphere. Regal Cinemas parent Cineworld mustered just a 1% gain on the London Stock Exchange.
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not-prediction
|
deadline.com
|
https://deadline.com/2020/12/wonder-woman-1984-box-office-movie-theater-stocks-1234661963/?lyt_id=432477&recip_id=432477
|
Fraser and other leaders also highlighted their strategy at Citi's first investor day for its services division held at the bank's New York headquarters. The unit houses Citi's treasury and trade solutions business, which processes $5 trillion of payments a day for multinational corporations across 180 countries. The bank's stock rose 1% on Tuesday afternoon. Investors have rewarded Fraser's sweeping turnaround efforts with an 18% boost to its stock this year. That is broadly in line with large rivals such as Bank of America and JPMorgan Chase, but outpaced a 6% gain for the broader KBW index of bank shares. Citi's net interest income, or the difference between what it earns on loans and pays out on deposits, is expected to be "modestly down" in the second quarter versus a year earlier, Mason said, excluding its markets unit.
|
prediction
|
thedigitalbanker.com
|
https://thedigitalbanker.com/citi-emphasizes-regulatory-fixes-as-it-lays-out-growth-targets
|
More to come: Aoyuan Group has extended the redemption dates for offshore asset-backed securities this week. Two sources who are familiar with the matter stated that Aoyuan Group is working to get more Hong Kong property offloaded to increase capital.
|
not-prediction
|
www.streetregister.com
|
https://www.streetregister.com/2021/11/28/hong-kong-firms-scoop-up-properties-from-chinese-developers-in-distress-breaking-2
|
Industry loan growth rose slightly to 6% YoY in Oct 2024 (Sept 2024: 5.6% YoY) contributed by a higher growth in non-household loans. This is in line with our expectation of 5-6% growth for the sector in 2024. Leading indicator remained weak with a subdued growth in loan applications YoY while growth in loan approvals contracted by 3.2% YoY. Asset quality for banks remained stable with a sustained GIL ratio of 1.5%. Provisions for loan impairments trended lower MoM. Maintain NEUTRAL on the sector with limited ROE expansion on moderating earnings growth to 6.4% in 2025. Advocate selective approach with CIMB (TP: RM9.50/share) and Hong Leong Bank (TP: RM26.90/share) as top picks. Maintain UNDERWEIGHT on Maybank (TP: RM8.85/share) on stretched valuation with limited ROE uplift.
|
prediction
|
klse.i3investor.com
|
https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2024-12-03-story-h475653003-Banking_Asset_quality_holding_up_with_lower_provisions
|
Indonesian businessman Samin Tan, who owes the bank $750 million, is in talks to sell assets to help repay the debt, Reuters reported last week.
|
not-prediction
|
www.iol.co.za
|
https://www.iol.co.za/business-report/companies/stanchart-to-update-turnaround-plans-1778124
|
In other recent news, ModivCare Inc. reported its fourth-quarter and full-year 2024 financial results, missing both earnings per share (EPS) and revenue forecasts. The company's Q4 EPS was $0.19, significantly below the expected $0.76, and revenue was $702.8 million, falling short of the anticipated $718.94 million. Despite these misses, ModivCare achieved operational cost savings of $35 million and launched new digital health services and AI technologies. In a strategic move, ModivCare finalized a debt restructuring deal, exchanging $251 million in senior notes for second lien senior secured PIK toggle notes, as outlined in an 8-K filing with the SEC. This restructuring aims to enhance financial flexibility but imposes covenants that restrict additional debt and certain financial activities.
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not-prediction
|
au.investing.com
|
https://au.investing.com/news/sec-filings/modivcare-secures-new-financial-agreement-with-investors-93CH-3733263
|
1) Though Shriram City Union Finance is offering secured NCDs, we are seeing that NBFC companies are delaying the interest payment due to the liquidity crunch in the company. Do you want to invest in such NCD's then?
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not-prediction
|
myinvestmentideas.com
|
https://myinvestmentideas.com/2019/04/shriram-city-union-finance-ncd-april-2019-issue-should-you-invest/comment-page-2
|
During the financial crises, the U.S and U.K governments announced bailout packages worth $600 billion. In the US, JPMorgan Chase & Co. (NYSE: JPM ), Bank of America Corp (NYSE: BAC ), Citigroup Inc (NYSE: C ), Wells Fargo & Co (NYSE: WFC ), Goldman Sachs Group, Inc. (NYSE: GS ) and Morgan Stanley (NYSE: MS ), which are perceived as the six largest banks, received bailouts.
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not-prediction
|
www.insidermonkey.com
|
http://www.insidermonkey.com/blog/bank-of-america-corp-bac-jpmorgan-chase-co-jpm-wells-fargo-co-wfc-stringent-capital-rules-inspire-race-to-cheap-capital-161974
|
And Hudson's Bay has indicated that bringing the stores up to proper operational condition will require significant investment. Earlier this year, when the retailer was pitching investors on a turnaround plan to save six of its stores, Hudson's Bay indicated those six locations would require investments of $82-million in the first year alone. That figure was included in a confidential information memorandum prepared by the company in March, a copy of which was obtained by The Globe and Mail.
|
prediction
|
www.theglobeandmail.com
|
https://www.theglobeandmail.com/business/article-hudsons-bay-former-landlords-oppose-ruby-liu-stores
|
Jubilant Pharmova: Its subsidiary Jubilant Pharma received a favourable and unanimous judgment from the United States Court of Appeals summarily affirming Jubilant's earlier favourable rulings from the US Patent Office (PTAB) and the US International Trade Commission (ITC). These two rulings by the Appellate Court deny the appeals filed by Bracco Diagnostics, Inc.
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not-prediction
|
www.business-standard.com
|
https://www.business-standard.com/amp/article/markets/stocks-to-watch-avenue-supermarts-bandhan-bank-hero-moto-ultratech-121051000113_1.html
|
The same forces are driving competitors TPG Telecom Ltd and the local arm of Britain's Vodafone Group PLC to pursue a A$15 billion merger. Both KKR and Affinity dropped their approaches for Vocus, without explanation, four days after Vocus issued a third profit warning in nine months back in August 2017. Since then, Vocus has shifted focus to network infrastructure, owning and developing fibre-optic cables in Australia, New Zealand and the Pacific. Under the strategy, revenue in the division grew by almost a third over the six months to Dec. 31. "Where the retail market is still very tough, trying to fight against the big guys, that infrastructure-based commercial business seems to have a few different dynamics," said Jason Beddow, chief executive officer of A$5.3 billion fund manager Argo Investments Ltd and a shareholder of Vocus. EQT, which is backed by Sweden's industrialist Wallenberg family, has mostly focused in Europe and North America.
|
not-prediction
|
www.businesstimes.com.sg
|
https://www.businesstimes.com.sg/technology/australian-telco-vocus-entertains-us23b-offer-from-swedens-eqt
|
Boeing's announcement reveals deep-rooted issues across its commercial and defense segments. The 777X delay to 2026 is particularly concerning, as it's been plagued by development challenges and regulatory scrutiny. This pushback could benefit Airbus, potentially allowing them to gain ground in the wide-body market. The decision to end 767 Freighter production, while maintaining the KC-46A Tanker line, shows a strategic pivot towards defense contracts. However, the mention of "substantial new losses" in BDS is alarming, suggesting systemic issues in program management and cost control. The 10% workforce reduction is a double-edged sword - it may improve efficiency but could also lead to loss of critical expertise. These changes indicate a company in crisis mode, attempting to streamline operations and cut costs. The success of these measures will be important for Boeing's long-term competitiveness in the aerospace industry.
|
prediction
|
www.stocktitan.net
|
https://www.stocktitan.net/news/BA/boeing-ceo-message-to-employees-on-positioning-for-the-7r6tgzmtcih0.html
|
Toronto's main stock market index fell on Thursday after a two-day rally as a drop in oil prices from six-month highs pressured energy shares. Oil fell to settle at $61.05 a barrel from Wednesday's half-year high above $62 as signs of job market weakness fanned concerns about economic recovery. The TSX index's energy sector fell 4.4 percent, with EnCana Corp down 5.6 percent at C$58.76. Suncor Energy fell 3.83 percent to C$34.87. Toronto also followed world stocks lower as several US economic reports fuelled doubts about a quick economic recovery, while Standard & Poor's revised its UK ratings outlook lower, stoking concern that Washington's growing deficit could lead to a credit rating downgrade for the United States.
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not-prediction
|
www.brecorder.com
|
https://www.brecorder.com/news/3639402/energy-sector-leads-canadian-shares-lower-20090524524
|
Moody's said it expects "muted" corporate profits and wages to weigh down GDP growth. On the spending side, the agency noted that large spending promises in education, health and welfare would also make it challenging to match its pledges on debt and deficit. While not issuing a warning on the nation's credit rating, Moody's said if there was an economic shock locally or internationally then the Budget would be in a tougher position to respond.
|
prediction
|
thewest.com.au
|
https://thewest.com.au/news/australia/moodys-rating-agency-concerned-by-australias-debt-and-deficit-ng-ya-308866
|
"The dip isn't going to last too long, because Tesla has had such a phenomenal record of bouncing back from these sort of selloffs," said David Madden, markets analyst at Equiti Capital in London. Regulatory Scrutiny Known for his Twitter banter, announcements and lively interactions with followers, Musk has had his share of run-ins with financial regulators. The billionaire was fined $20 million by the US Securities and Exchange Commission (SEC) for tweeting in 2018 that he was considering taking Tesla private at $420 a share and had secured funding. The SEC also asked him to step down as chairman. Investors will keep an eye on any response from the regulators on Elon Musk's Twitter poll, especially since the regulator had ordered Tesla to vet any material public communications Musk made regarding the EV maker, following his 2018 tweet.
|
prediction
|
economictimes.indiatimes.com
|
https://economictimes.indiatimes.com/tech/tech-bytes/tesla-shares-fall-5-5-after-twitter-users-vote-for-elon-musk-to-sell-stock/articleshow/87588669.cms
|
That regulatory scrutiny is probably well placed, however, since Musk's companies have been known to stir up controversy. Case in point, this week Tesla's directors agreed to pay nearly a billion dollars to settle claims that they had previously overpaid themselves through stock options worth hundreds of millions of dollars. The legal case stemmed from a 2020 lawsuit filed by the Police and Fire Retirement System of the City of Detroit, which alleged that Tesla's director compensation package was completely untethered from normal compensation practices. Reuters notes, for instance, that the board's chair, Robyn Denholm, made as much as $280 million through her compensation package.
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not-prediction
|
gizmodo.com
|
https://gizmodo.com/elon-musk-is-already-backtracking-on-doges-2-trillion-budget-cut-goals-2000548150
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Alibaba Group Holding Limited BABA shares, which rallied to a high of $313.81 on Oct. 19, 2020, have come way off the level. After bottoming at $73.28 on March 15, the stock showed some signs of a reversal. Regulators, Economic Softness Hurt Alibaba: Ever since Alibaba's outspoken founder Jack Ma openly criticized the government and the system in place in late-2020, the company has come under increasing regulatory scrutiny. China's crackdown on its high-and-mighty tech companies started with Alibaba in late-2020. The domestic securities regulator poured cold water on the initial public offering plans of Alibaba's affiliate company, Ant Financial. Later, regulators required Ant, a fintech company, to organize itself as a bank holding company, bringing it under increasing scrutiny and also necessitating stricter capital requirement norms.
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not-prediction
|
www.benzinga.com
|
https://www.benzinga.com/general/education/22/07/28093648/how-much-1-000-invested-in-alibaba-at-mid-march-lows-be-worth-if-stock-hits-wall-streets-price-
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However, Georgia Power's outlook was shifted to stable from positive, with its A3 Issuer and senior unsecured ratings affirmed. In another strategic move, Southern Telecom, a subsidiary of Southern Company, has formed an alliance with Seimitsu to create SouthernWaves, a fiber-optic network service. This partnership aims to enhance service offerings across the Southeast by combining Southern Telecom's infrastructure with Seimitsu's network management. Additionally, Georgia Power has filed contracts for nearly 2 gigawatts of new customer demand, marking the first agreements under new rules by the Georgia Public Service Commission. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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not-prediction
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www.investing.com
|
https://www.investing.com/news/analyst-ratings/southern-co-stock-rating-downgraded-by-scotiabank-on-valuation-concerns-93CH-4270127
|
Verizon Communications Inc. (((NYSE, NASDAQ: VZ ), headquartered in New York City, generated $126 billion in 2017 revenues. The company operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide. Verizon's corporate responsibility prioritizes the environmental, social and governance issues most relevant to its business and impact to society. Its Oath subsidiary reaches people around the world with a dynamic house of media and technology brands.
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not-prediction
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www.benzinga.com
|
https://www.benzinga.com/pressreleases/18/12/g12823611/verizon-announces-results-of-voluntary-separation-offer
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First, BBBY stock hasn't closed above $1 since March 17. Since the stock is listed on the Nasdaq, it must have a minimum share price of at least $1. Bed Bath will receive a deficiency notice from the exchange if shares trade under $1 for 30 consecutive days. Upon receipt of the notice, the company will have a 180-day grace period to achieve a minimum price of $1 for 10 consecutive business days. If it is unable to do so, the exchange may give Bed Bath another 180 days.
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not-prediction
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investorplace.com
|
https://investorplace.com/2023/04/bbby-stock-is-ryan-cohen-getting-involved-with-bed-bath-beyond-again
|
Shopify is beloved in Canada for wonderful reasons. But if there's anything we have learned about the recent tech-lash that saw the industry's stock plunge, it's that high valuations often mask a lot of problems. It may be that Shopify's weakened stock price will make the company more vulnerable to the kind of critical examination that other technology giants rightfully receive.
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not-prediction
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www.theglobeandmail.com
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https://www.theglobeandmail.com/business/commentary/article-canadian-policymakers-shopify-untouchable
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Now Sustainalytics is providing company ESG information to Morningstar, and Morningstar uses this data to calculate ESG ratings for mutual funds. Morgan Stanley Capital International (MSCI) has been doing this for years as a way to get a handle on risk. But now these ratings are no longer just on individual companies.
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not-prediction
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www.forbes.com
|
https://www.forbes.com/sites/wallaceforbes/2017/06/08/esg-you-dont-need-to-give-up-performance-to-invest-in-a-sustainable-way
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As economic growth is likely to be subdued, the lending scenario is not expected to improve much in 2025 from 2024. With interest rates remaining high for long, the operating backdrop for WFC will likely be challenging. Weak asset quality will continue to be a major headwind this year, as borrowers may find it difficult to repay loans.Hence, Wells Fargo may witness modest growth in the near term. Management expects the 2025 NII to be 1-3% higher than that reported in 2024.Other Factors Aiding WFCProgress to Fix Compliance Issues: Under the leadership of CEO Charlie Scharf, Wells Fargo is strengthening its compliance framework. The bank's improved risk management techniques have received regulatory approval, with progress closely monitored by its operating committee.The company has managed to close six regulatory actions this year and 12 since 2019.
|
prediction
|
www.finanzen.net
|
https://www.finanzen.net/nachricht/aktien/here-s-how-to-approach-wells-fargo-stock-now-as-fed-keeps-rates-steady-14464648
|
Singapore, May 5, 2022 - (ACN Newswire) - Avantor, Inc. ( NYSE: AVTR ), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, today announced it will create a new manufacturing and distribution Hub in Singapore, by integrating its existing distribution facility with new manufacturing operations. The new Hub, which brings Avantor solutions closer to regional customers and strengthens global supply chain capabilities, will be fully operational early next year. "The Singapore Manufacturing and Distribution Hub will enable Avantor to better serve the fast-growing Asia Pacific Biopharma market by facilitating shorter lead times, enhancing supply chain security and increasing capacity in the region," said Christophe Couturier, Executive Vice President, AMEA, Avantor.
|
prediction
|
finance.minyanville.com
|
http://finance.minyanville.com/minyanville/article/acnnewswire-2022-5-5-avantor-announces-investment-in-manufacturing-and-distribution-hub-in-singapore-to-serve-rapidly-growing-asia-pacific-biopharma-industry
|
The most recent analyst rating on (AU:SUL) stock is a Buy with a A$20.50 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.
|
prediction
|
www.tipranks.com
|
https://www.tipranks.com/news/company-announcements/super-retail-group-terminates-ceo-amid-disclosure-issues
|
Axalta Coating Systems (AXTA) has received the 2025 Automotive News PACE Pilot Award for its innovative Axalta NextJet™ digital paint technology. This pre-commercial innovation, launched in 2023, represents a significant advancement in automotive coating solutions. The technology enables precise paint placement and enhanced design flexibility for tutone and graphics on vehicles, while eliminating masking requirements. Key benefits include reduced labor, energy, and waste, alongside improved productivity and efficiency rates. Notably, it can contribute to a 30% reduction in CO2 emissions and deliver substantial cost savings for vehicle manufacturers. The recognition came after a comprehensive evaluation process, including a written application and virtual pitch session, judged by an independent panel at the 5th annual PACE Pilot program ceremony on April 15.
|
prediction
|
www.stocktitan.net
|
https://www.stocktitan.net/news/AXTA/axalta-wins-2025-automotive-news-pace-pilot-khkzttozfbf3.html
|
And added, "We could not be more excited to have partnered with GrowGeneration to gain this unprecedented view into such an interesting market segment." "Cultivators are getting much more sophisticated at scaling their businesses and navigating the various compliance issues, and this is transferring to the product side as a result. We have seen products taken off the shelves because they did not comply with regulations, and we will see more of that as states get more involved in how the plants are being cultivated and what fertilizers are being used. It is exciting to see the new innovative products that are coming to market to meet the increasingly nuanced demands of cultivators and consumers.
|
prediction
|
www.globenewswire.com
|
https://www.globenewswire.com/news-release/2017/12/20/1266861/0/en/53-Unprecedented-Growth-Rate-in-Cannabis-Cultivation-Supply-Segment.html
|
Moreover, Tesla grapples with corporate governance issues, notably surrounding Elon Musk's compensation package. Despite a Delaware judge's rejection of the proposed payout, Tesla persists in seeking shareholder approval for the contentious proposal. The company's relocation from Delaware to Texas, advocated by Musk following the judicial ruling, further underscores the evolving dynamics within Tesla's corporate governance structure.
|
not-prediction
|
cliqindia.com
|
https://cliqindia.com/tesla-accelerates-new-model-launch-amidst-profit-decline-and-workforce-reductions/121982
|
Soon after the RBI increased risk weights, One97 Communications announced plans to slow down its small-ticket postpaid loans (below Rs 50,000) while looking to expand big-ticket personal loans and merchant loans.
|
not-prediction
|
www.moneycontrol.com
|
https://www.moneycontrol.com/news/business/markets/paytm-crisis-compliance-issues-regulatory-overhang-keeps-mutual-funds-away-12264931.html
|
Nvidia isn't just leading - it's dominating. With a $4 trillion market cap, equal to 3.6% of global GDP, Nvidia commands a chokehold on AI infrastructure. The stock's trajectory reflects this transformation. Momentum remains firmly bullish: analysts are pushing targets to $200–$235, and demand shows no signs of cooling. Technically, Nvidia still rides the wave. But make no mistake, this is not without risk. Its dependence on TSMC, growing regulatory scrutiny, and the specter of real competition could flip the script fast. Still, this isn't just another chip rally. It's a global capital rotation into AI, and Nvidia, for now, owns the rails.
|
prediction
|
www.investing.com
|
https://www.investing.com/analysis/nvidia-owns-36-of-global-gdp--the-rise-of-a-corporate-superpower-200664099
|
Okta Identity Governance cuts across all resources from APIs and applications to servers, analyzes the right level of access to critical resources, and ensures that access stays in line over time. It also brings the right level of automation to reporting and access certification campaigns, freeing our customers of painful data wrangling and expensive consultants." Democratizing Access with Delegation and Self-Service Okta Identity Governance gives enterprises a modern approach to solve complex user access and compliance issues, building on Okta's proven success in automation and user management.
|
not-prediction
|
www.businesswire.com
|
https://www.businesswire.com/news/home/20210407005400/en/introducing-okta-identity-governance-intelligent-identity-management-for-all-users-and-resources
|
By Sudip Kar-Gupta LONDON (Reuters) - Credit rating agency Moody's downgraded Britain's part-nationalized banks Lloyds and Royal Bank of Scotland on Friday, although Britain's finance minister said UK banks were well-placed to cope with a European debt crisis. The cuts to RBS and Lloyds formed part of a broader downgrade of 12 British financial companies by Moody's, which had already been flagged by the agency earlier in the year. Moody's cut RBS by two notches to A2 from Aa3, and downgraded Lloyds TSB by one notch to A1 from Aa3.
|
not-prediction
|
www.foxbusiness.com
|
https://www.foxbusiness.com/markets/moodys-cuts-credit-ratings-on-uk-banks-rbs-and-lloyds
|
The sponsorships, valued in the hundreds of thousands of pounds, funded advertising campaigns, pharmacist training and the creation of patient resources. In return, pharmacies supplied Novo Nordisk with detailed reports on prescription numbers, advertising performance and patient demographics. While Novo Nordisk insists these sponsorships adhered to industry standards, critics have raised concerns about the ethical implications of such financial ties. The company's sponsorship practices also drew regulatory scrutiny. In 2022, Novo Nordisk signed a $119,000 (95,000 pounds) deal with Boots to fund training and advertising for its weight-loss services. Additional deals with other pharmacies provided free supplies and marketing materials. However, in October 2024, the UK's Prescription Medicines Code of Practice Authority (PMCPA) ruled that these arrangements violated industry codes, citing a lack of partnership independence and inadequate safeguards against incentivizing prescriptions.
|
not-prediction
|
www.benzinga.com
|
https://www.benzinga.com/general/biotech/25/01/42843536/novo-nordisks-sponsorship-deals-with-uk-pharmacies-linked-to-weight-loss-drugs-raise-ethical-concerns
|
According to Sustainaliyics, a subsidiary of Morningstar company that provides data about over 40 thousand companies globally while rating approximately 20 thousand companies and 172 countries.
|
not-prediction
|
www.businessupturn.com
|
https://www.businessupturn.com/business/blog/what-are-esg-rating-check-out-the-top-esg-rating-providers
|
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