Straits Times Index
3,219.00 -1.98 (-0.06%) S&P 500
3,952.07 +15.10 (+0.38%) Dow
32,151.54 +121.43 (+0.38%) Nasdaq
11,796.07 +126.12 (+1.08%) Bitcoin USD
28,419.66 +1,647.92 (+6.16%) CMC Crypto 200
620.29 +22.83 (+3.82%)
RACE May 2023 210.000 put
- Reuters
Italy's Webuild order book drives core profit goals
Italy's largest construction company Webuild surprised markets on Thursday by indicating its core profit would almost double in 2025, after growing as much as 30% this year. Under a new three-year plan unveiled on Thursday, Webuild said it had already won 53.4 billion euros worth of orders, which covers 95% of its expected revenues and profit targets for the 2023-2025 period. Shares in Webuild closed up 12% after the plan with traders noting that the 2023 core profit goal of 720 million euros to 760 million euros was well above a market consensus of 580 million euros.
- Financial Times
Porsche/Ferrari: sports car brand cannot outpace the market cycle
Porsche car production is a fraction of its larger cousins but the 310,000 made last year is still 24 times more than Ferrari
- Zacks
MOD vs. RACE: Which Stock Is the Better Value Option?
MOD vs. RACE: Which Stock Is the Better Value Option?
