Company News for Jul 5, 2024

Simply Wall St.
3 SGX Stocks Estimated To Be Undervalued By At Least 43%
Amidst a stable regulatory environment in the financial sector, as evidenced by Visa and Mastercard's commitment to maintain capped tourist card fees, the Singapore market presents intriguing opportunities. Understanding what constitutes an undervalued stock is crucial, especially in a market where strategic financial operations can influence overall economic conditions.
The Smart Investor
SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights?
The aviation and travel demand recovery has benefitted a slew of aviation-related companies. Can their share prices hit a new high? The post SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights? appeared first on The Smart Investor.
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield
As global financial dynamics continue to evolve, recent developments such as Visa and Mastercard's commitment to maintaining capped fees on tourist card transactions underscore a broader trend towards regulatory stability and cost predictability in international commerce. In this context, dividend stocks, particularly those offering high yields on the Singapore Exchange (SGX), may appeal to investors looking for reliable income streams amid fluctuating market conditions.
The Edge Singapore
Wee family increases stake in UOL
Following the acquisitions, Wee Investments's stake in UOL is now at 15.79%.
Moneywise
Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do
The Oracle of Omaha has a simple solution.
Simply Wall St.
Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year
Boustead Singapore Limited ( SGX:F9D ) will increase its dividend from last year's comparable payment on the 27th of...
Yahoo Finance
Inflation data, Powell speaks, and big banks report earnings: What to know this week
With a cooling labor market narrative emerging, investor focus will shift back to inflation for signs that a September interest rate cut remains likely for the Federal Reserve.
Bloomberg
Citi’s Singapore workforce shrinks by 500 amid global restructuring, ST says
Citigroup Inc.’s workforce in Singapore has shrunk by about 500 people amid a global restructuring planned by the Wall Street giant, the Straits Times reported Monday.
The Smart Investor
Unlock Your Future Income: 3 Top Singapore REITs to Consider Now
Despite facing the challenge of higher operating expenses and increasing borrowing costs, these three well-managed REITs have demonstrated commendable performance. The post Unlock Your Future Income: 3 Top Singapore REITs to Consider Now appeared first on The Smart Investor.
Moneywise
Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently
There’s no one-size-fits-all plan for retirement.
Fortune
Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say
“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
BBC
Samsung expects profits to jump by more than 1,400%
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips.
GOBankingRates
I’m a Self-Made Millionaire: 3 Investments I’ll Make in the Second Half of 2024
Becoming a millionaire is the dream, one that can become a reality even for those who were not born into affluent families. According to The Ascent, roughly 8.8% of the American population is a...
GOBankingRates
5 Big Expenses Worth Charging on Credit To Get Rewards
It's generally a good rule of personal finance to never charge more than you can afford to pay off when your bill comes due. Learning how to manage your credit responsibly so you don't overspend takes...
Simply Wall St.
Ban Leong Technologies Full Year 2024 Earnings: EPS: S$0.065 (vs S$0.052 in FY 2023)
Ban Leong Technologies ( SGX:B26 ) Full Year 2024 Results Key Financial Results Revenue: S$208.1m (up 2.1% from FY...
Simply Wall St.
Investors in DRB-HICOM Berhad (KLSE:DRBHCOM) have unfortunately lost 39% over the last five years
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Barrons.com
Tesla Stock Shoots Past Wall Street Price Targets. Where It Goes Next.
The stock’s gains have left shares about 26% higher than the average analyst target price complied by FactSet. That’s nothing new for the EV-maker’s shares.
GOBankingRates
5 Daily Habits That Elevate Your Finances
If you truly want to elevate your finances, the basics aren't going to cut it. You need to take the extra steps to spend smarter, save more and earn more. Thankfully, getting started is the biggest...
Fortune
S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index
According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.
Reuters
Optimism rising high, soft landing on track
Investors start the new week in ebullient mood after last Friday's U.S. jobs figures kept the "soft landing" story on track, lowering the dollar and bond yields, and adding fuel to the relentless "risk on" rally in stocks. European politics may have some influence on early Asian trading on Monday - France was on course for a hung parliament in Sunday's election, with a leftist alliance unexpectedly taking top spot ahead of the far right in a major upset that was set to bar the far right, eurosceptic National Rally party from running the government. Japan's Nikkei 225 index scraped a new record high of 41,100 points on Friday and has risen some 7% in just two weeks, and the MSCI Emerging Market and MSCI Asia ex-Japan indices are at their highest in two years.

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Company News for Jul 5, 2024

Latest stories

3 SGX Stocks Estimated To Be Undervalued By At Least 43%

SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights?

3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield

Wee family increases stake in UOL

Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do

Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year

Inflation data, Powell speaks, and big banks report earnings: What to know this week

Citi’s Singapore workforce shrinks by 500 amid global restructuring, ST says

Unlock Your Future Income: 3 Top Singapore REITs to Consider Now

Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

Samsung expects profits to jump by more than 1,400%

I’m a Self-Made Millionaire: 3 Investments I’ll Make in the Second Half of 2024

5 Big Expenses Worth Charging on Credit To Get Rewards

Ban Leong Technologies Full Year 2024 Earnings: EPS: S$0.065 (vs S$0.052 in FY 2023)

Investors in DRB-HICOM Berhad (KLSE:DRBHCOM) have unfortunately lost 39% over the last five years

Tesla Stock Shoots Past Wall Street Price Targets. Where It Goes Next.

5 Daily Habits That Elevate Your Finances

S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index

Optimism rising high, soft landing on track