AMC Tumbles After Stock Sale Announced. The Box Office Downturn Is Biting.
The movie-theater chain says it will sell up to $250 million of stock through an at-the-market offering.
The movie-theater chain says it will sell up to $250 million of stock through an at-the-market offering.
Warren Buffett is one of the most quoted men in history, and rightly so. Buffett offers some of the very best investment advice in the world, and he presents it in a folksy, easy-to-understand way...
Venture Corporation Limited ( SGX:V03 ) has announced that it will pay a dividend of SGD0.50 per share on the 21st of...
We review the latest business updates from a growth company and a data centre REIT. The post Top Stock Market Highlights of the Week: Nanofilm Technologies, Wilmar International and Digital Core REIT appeared first on The Smart Investor.
Alibaba stock rose on Friday amid its longest winning streak in a year, but investors shouldn’t be too excited: shares in the Chinese tech giant are still near multiyear lows, with lots of reason for caution even as the bull case looks exciting. Shares in Alibaba rose 2% in U.S. premarket trading on Friday, with the stock on track for its seventh consecutive day in the green. Alibaba stock is down more than 75% from its late-2020 record high.
Key Insights Significant control over City Developments by private companies implies that the general public has more...
Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised,” said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low. With Trump facing dozens of federal felony charges and hundreds of millions in legal expenses, Trump Media went public on March 26 on the Nasdaq exchange.
The board of Sheng Siong Group Ltd ( SGX:OV8 ) has announced that it will be increasing its dividend by 4.2% on the...
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October. Bond yields, which move inversely to prices, have climbed in recent weeks as signs of persistent inflation erode expectations for how deeply the Federal Reserve will be able to cut interest rates without further fueling consumer prices. Many investors are betting further weakness lies ahead for bonds.
The board of Hong Leong Finance Limited ( SGX:S41 ) has announced that it will pay a dividend of SGD0.09 per share on...
In this article, we will take a detailed look at the 11 Best Retail Dividend Stocks to Buy. If you want to skip our detailed analysis of the retail industry and see the top 5 stocks in this list, click 5 Best Retail Dividend Stocks to Buy. Investors are slowly beginning to give up on hopes of seeing […]
If you're looking to increase your net worth, Humphrey Yang has a few tips. The former financial advisor has a YouTube channel dedicated to sharing free financial advice(1). Recently, he created the...
The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth than forecast was more likely than weakness. That shift in the growth outlook brings its own set of challenges for central banks, which raised rates in quick succession to try and drive inflation down to target but now may have to wait even longer before considering rate reductions. There was no deterioration in the consensus view for the euro zone or No. 2 economy China either, according to a March 27-April 25 Reuters poll of 500 economists covering 48 economies.
Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday, as the island nation attempts to reduce losses from its state enterprises. Mattala Rajapaksa International Airport (MRIA), funded by China EXIM Bank, has stoked controversy since its opening in 2013 due to a low number of flights, environmentally sensitive location and persistent financial losses. The airport's management will be handed over to Shaurya Aeronautics (Pvt) Ltd. of India and Airports of Regions Management Company of Russia for 30 years, a cabinet statement said, without mentioning the deal value.
As Yahoo Finance coverage draws to a close for the week, here are the events to watch for next week. Federal Reserve Chair Jerome Powell is set to announce a highly anticipated decision on monetary easing policy on Wednesday. Market participants are hoping for a potential rate cut. The earnings season continues, with a multitude of companies slated to release their first quarter results. Tech giants Amazon (AMZN), Apple (AAPL), and Qualcomm (QCOM) will take center stage. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Russia's largest mobile operator nS8N3EZ0BL proposed a share buyback to foreign shareholders at a discount of around 69% on Saturday, giving Western investors whose securities are blocked in Russia the chance to recoup some stranded funds. The purchase price was set at 95 roubles per share, which was 69% lower than yesterday's closing price on the Moscow Exchange. The deadline for shareholders to accept the offer is midday, Moscow time, on May 28 2024.
Q2 2024 Helmerich and Payne Inc Earnings Call
Gold prices held gains on Friday after data showed that U.S. inflation rose in line with expectations, but the safe-haven metal was on track for a weekly fall as some geopolitical risk premiums eased. Spot gold was 0.3% higher at $2,338.65 per ounce by 1:47 p.m. ET (1747 GMT). The U.S. personal consumption expenditures (PCE) price index increased 0.3% last month, in line with forecasts, a development that is unlikely to change expectations that the Federal Reserve will hold off cutting interest rates until September.
Western Digital surpassed expectations for quarterly revenue and profit on Thursday, riding on a surge in demand for its data storage products from cloud service providers. The results are the latest sign that demand for memory chips is improving, after earnings of larger rivals Micron Technology and Samsung Electronics also showed a rebound in prices of the semiconductors following a severe downturn. "We are in the early innings of unlocking the full potential of this company, and as industry supply and demand dynamics continue to improve, we will remain disciplined around our capital spending," said Western Digital CEO David Goeckeler.
Robert Kiyosaki, author of the best-selling finance book "Rich Dad Poor Dad," teaches money secrets that sometimes go against mainstream views. Read More: Rich Dad' Robert Kiyosaki Reveals Why the...