176.11 0.00 (0.00%)
After hours: 5:11PM EST
|Bid||145.00 x 1300|
|Ask||177.53 x 1300|
|Day's range||173.19 - 176.16|
|52-week range||134.28 - 184.22|
|Beta (3Y monthly)||1.30|
|PE ratio (TTM)||31.11|
|Forward dividend & yield||2.32 (1.33%)|
|1y target est||N/A|
The bankruptcy filing by PG&E Corp. is the latest stumble by a company rated highly by environmentally focused investors, further exposing a weakness in a scoring system meant to measure risk for shareholders. What the ratings couldn’t predict is that the stock would lose nearly 70% of its market value since early November, as investors worried about potential liabilities for the role PG&E’s equipment may have played in multiple wildfires. The Global Sustainable Investment Alliance, an industry group, estimated that between 2014 and 2016, assets invested with ESG and other sustainable-investing goals in mind rose 25% to $22.89 trillion.
DUBAI—More than $1 billion of foreign investment in Saudi stocks last month boosted its benchmark index to among the top performers globally, as investors shrugged off concerns sparked by the killing of a dissident journalist to profit from the kingdom’s coming reclassification as an emerging market. Index compilers FTSE Russell and MSCI Inc. are set to include Saudi Arabia’s stock market—the biggest in the Arab world—in their emerging-market baskets, a move that will result in billions of dollars in investments from international fund managers who track such benchmarks. Foreign investors were net buyers of 4.36 billion Saudi riyals ($1.16 billion) on the Saudi market, known as the Tadawul, in January, according to exchange data.
Last summer, MSCI added stocks in China to one of its most prominent global benchmarks, leading billions of dollars to flow into Chinese shares and advancing China’s plans to draw more foreign investors ...
MSCI (MSCI) delivered earnings and revenue surprises of 0.77% and 0.20%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company said it had profit of $1.70 per share. Earnings, adjusted for one-time gains and costs, came to $1.31 per share. The results exceeded Wall Street expectations. The average estimate ...
MSCI's (MSCI) fourth-quarter results are likely to benefit from strong demand for ESG, and analytics solutions and services.
MSCI (MSCI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”. A.J. Gallagher has invested in 34 facilities producing so-called refined coal, which is chemically treated to make it burn cleaner and heavily subsidized by the U.S. government. A.J. Gallagher has accumulated about $850 million worth of U.S. government tax credits from the business.
Singapore finished the year with 13 deals that raised around $500 million — the fourth highest IPO proceeds in Southeast Asia behind Vietnam, Thailand and Indonesia, according to data by consultancy EY.
India is one of the fastest growing markets in Asia, with MSCI India EPS growth consensus -- a design to measure large-, mid- and small-cap segments of the stock market, seen at 18.8 percent in 2018 and 24 percent in 2019, HSBC said in a note titled "The Flying Dutchman". With the parliament elections scheduled for 2019, HSBC said it expected equities to gain like in the previous three polls, probably "because more pro-growth policies are implemented before elections or that the market is more willing to anticipate such policies".
MSCI's China index should reap returns of 11 percent in 2019, investment bank Goldman Sachs said on Monday, though it warned that the world's second largest economy faced a challenging and uncertain macro backdrop. "Our economists look for 6.2 percent GDP growth in 2019, led mainly by investment amid slowing exports and consumption, near-term balance of trade risks for dollar/yuan moving to 7.1 in early 2019," Kinger Lau wrote in a note to clients. "We like China A shares given its favorable risk/reward and inclusion-provoked inflows," he said, referring to the gradual inclusion of A-shares in global emerging market indexes.
Ratings agency Moody's said in a report Thursday that the outlook for emerging markets will be "broadly stable" in 2019.
MSCI Inc on Tuesday said it would add several onshore Chinese stocks to its closely watched and widely duplicated emerging-markets index. The financial data company said it would add S.F. Holding Co Ltd, 360 Security Technology Inc and China Shipbuilding Industry Corp, among other names, to the benchmark. MSCI has been broadening exposure to stocks traded onshore in the world's second-largest economy in its indexes after announcing it would do so last year.
The New York-based company said it had profit of $1.36 per share. Earnings, adjusted for one-time gains and costs, came to $1.35 per share. The results topped Wall Street expectations. The average estimate ...
MSCI's (MSCI) third-quarter results are likely to benefit from higher asset-based fees and solid growth in recurring subscriptions.
MSCI (MSCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SHANGHAI/SAN FRANCISCO, Sept 27 (Reuters) - Global index provider FTSE Russell said it will start including mainland Chinese shares in its major benchmarks from June next year, in a move that it expects will draw initial net inflows of $10 billion from passive investors. The decision on Wednesday to include China's so-called A-shares in its widely followed global benchmarks follows three straight years of the group rejecting their admission on concerns about market access limits.