24 July

Sticky

Kimberly-Clark Lowers Outlook After Panic Paper Buying Ends By Investing.com

Posted by admin

in News

By Dhirendra Tripathi Investing.com – Kimberly-Clark (NYSE:KMB) stock traded flat Friday after the paper products maker forecast a lower outlook now that the elevated consumption of pandemic times has returned to more normal levels. The company lowered its forecast for the year, citing “significantly higher input cost inflation and lower sales volumes, partially offset by additional cost savings and reduced discretionary spending.' The stock nudged up 0.1% in early afternoon trading. Higher costs of raw materials and less binge buying by consumers hurt the maker of Kleenex tissues in the second quarter. At-home consumption fell as...

24 July

0 Comments

Sticky

Vodafone plans to launch additional share buy-back programmes this month By Reuters

Posted by admin

in News

(Reuters) -UK's Vodafone Group (LON:VOD) said on Friday it intends to launch additional share buy-back programmes over the next eight months to partially offset the increase in the company's issued share capital due to maturing of a convertible bond programme. The mobile and broadband operator, which has roped in Goldman Sachs (NYSE:GS) as principal of the programme, said the buy-backs will start on July 26 and end by Nov. 17. Earlier in the day, Vodafone reported a better-than-expected rise in first-quarter service revenue as more stores reopened and tourism made a tentative return following...

24 July

0 Comments

Sticky

Honeywell Falls As Aerospace Revenue Growth Disappoints By Investing.com

Posted by admin

in News

By Dhirendra Tripathi Investing.com – Honeywell (NASDAQ:HON) stock fell 2.5% Friday as disappointment over the single-digit growth in revenue from its aerospace segment outweighed the second revision in guidance and overall solid growth in revenue and income. New orders rose over 20% organically. Full-year sales are now expected to be in the range of $34.6 billion to $35.2 billion, up from the last revised $34 billion to $34.8 billion. Adjusted earnings per share for the year is expected to be $7.95 to $8.10, up 10 cents from the high end of the prior guidance range. Aerospace...

24 July

0 Comments

Sticky

Tight Battery Market Is Next Test for EVs Caught in Chip Crisis By Bloomberg

Posted by admin

in News

(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer. “When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.” Global automakers are rapidly adding electric models as...

24 July

0 Comments

Sticky

Russia Eyes Biggest Rate Hike Since 2014 By Bloomberg

Posted by admin

in News

(Bloomberg) -- The Bank of Russia may increase interest rates by the most since the ruble crisis in 2014 as it struggles to contain surging inflation. Annual inflation has risen to a five-year high of 6.5% and inflation expectations have jumped, setting back Governor Elvira Nabiullina’s efforts to bring price growth below a 4% target. She’s already raised rates 125 basis points this year but economists see much more coming. The majority of 37 economists polled by Bloomberg expect a 100 basis-point increase Friday, while 17 predict hikes of 50 or 75 basis points and one...

24 July

0 Comments

Sticky

Australia Prepared to Pay Price in Dispute With China, Trade Minister By Bloomberg

Posted by admin

in News

(Bloomberg) -- Australia is prepared to take the economic hit from China’s trade measures in order to defend its sovereignty, Trade Minister Dan Tehan said, even as he pursues efforts to open dialogue with counterparts in Beijing. “If we have to pay an economic price for that, that’s something that we’re prepared to pay,” Tehan said in an interview in Washington, where he’s meeting with the Biden administration to try to work out how to counter China’s actions. “In the end our values are so important to us and we think that they’re something that we...

24 July

0 Comments

Sticky

Intel, TI split leaves chip outlook in doubt By Reuters

Posted by admin

in News

By Stephen Nellis and Chavi Mehta (Reuters) -Two major chipmakers this week gave very different views of whether soaring demand for semiconductors will start to ease in the second half of the year, and it may take another round of earnings next week to settle the question. Texas Instruments (NASDAQ:TXN) on Wednesday gave a third-quarter sales forecast that was essentially flat, with company executives declining to say what the year's final quarter might look like, a hint that orders might be slowing. By contrast, Intel Corp (NASDAQ:INTC) on Thursday raised its full-year forecast,...

24 July

0 Comments

Sticky

S&P 500 Hits Fresh Record as Twitter, Snap Rally By Investing.com

Posted by admin

in News

By Yasin Ebrahim Investing.com – The S&P 500 climbed to fresh highs, led by a jump in communication services after strong quarterly results from social media companies set the stage for Google and Facebook to rally to records. The S&P 500 rose 1.01% to a record intraday high of 4,413.40.The Dow Jones Industrial Average gained 0.62%, or 215 points, the Nasdaq was up 1.05%. Facebook (NASDAQ:FB) rallied 6% and Google-parent Alphabet (NASDAQ:GOOGL) gained 4% to notch record highs ahead of their quarterly results due next week. The bid up in social media companies comes as better-than-expected quarterly...

24 July

0 Comments

Sticky

Dow Closes Above 35,000 for First Time as Strong Earnings Stoke Bullish Bets By Investing.com

Posted by admin

in News

By Yasin Ebrahim Investing.com – The Dow closed above 35,000 for the first time ever, led by a rally to record highs in shares of Google and Facebook following strong quarterly results from Twitter and Snap. The S&P 500 rose 1.01% to a closing record of 4,411.81. The Dow Jones Industrial Average gained 0.68%, or 238 points to close at 35,061, the Nasdaq gained 1.04% to 14,836. Facebook (NASDAQ:FB) rallied 5% and Google-parent Alphabet (NASDAQ:GOOGL) gained nearly 4% to notch record highs ahead of their quarterly results due next week. The bid up in social media companies...

24 July

0 Comments

Sticky

ECB survey sees higher growth, inflation in next 2 years By Reuters

Posted by admin

in News

FRANKFURT (Reuters) - Euro zone growth and inflation could be higher this year and next than earlier predicted, the European Central Bank's Survey of Professional Forecasters showed on Friday. Inflation, targeted at 2% by the ECB, could hit 1.9% this year, above the 1.6% predicted three months ago while 2022 inflation is now seen at 1.5% as against 1.3%. Although the increase in projections may be seen as a positive for the ECB, which has undershot its target for the past decade, the new survey forecast are in line with the bank's own estimates and do...

Меню

News

Kimberly-Clark Lowers Outlook After Panic Paper Buying Ends By Investing.com

Vodafone plans to launch additional share buy-back programmes this month By Reuters

Honeywell Falls As Aerospace Revenue Growth Disappoints By Investing.com

Tight Battery Market Is Next Test for EVs Caught in Chip Crisis By Bloomberg

Russia Eyes Biggest Rate Hike Since 2014 By Bloomberg

Australia Prepared to Pay Price in Dispute With China, Trade Minister By Bloomberg

Intel, TI split leaves chip outlook in doubt By Reuters

S&P 500 Hits Fresh Record as Twitter, Snap Rally By Investing.com

Dow Closes Above 35,000 for First Time as Strong Earnings Stoke Bullish Bets By Investing.com

ECB survey sees higher growth, inflation in next 2 years By Reuters

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV