[ad_1] CAIRO (Reuters) – Israel’s “long hand” will reach the leaders of Yemen’s Houthi movement, Defence Minister Israel Katz vowed on Thursday, after unleashing airstrikes on several areas of the Arab country overnight. The Israeli airstrikes killed nine people, said Al Masirah TV, the main television news outlet run by the Iran-aligned Houthis, who control much of the country, seven in the port of Salif and two in the Ras Issa oil facility, both located in the western province of Hodeidah. The strikes also targeted two central power stations south and north of the capital, Sanaa, it added. “I warn…
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[ad_1] Todd Keith Andrews, the Chief Accounting Officer of Construction Partners, Inc. (NASDAQ:), a company that has delivered an impressive 120% return year-to-date and maintains a market capitalization of $5 billion, reported a significant stock transaction according to an SEC filing. According to InvestingPro analysis, the company currently trades at premium multiples, reflecting strong market confidence. On December 16, Andrews sold 2,511 shares of Class A common stock, with prices ranging from $95.79 to $95.89 per share, resulting in a total transaction value of approximately $240,704. Following this sale, Andrews retains ownership of 19,339 shares, which includes 10,542 restricted shares…
[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lars Windhorst has apologised to the thousands of H2O Asset Management investors who lost money on opaque investments linked to his businesses, while pledging that he will keep repaying them using proceeds from new ventures. Windhorst, a scandal-prone German financier known for his extravagant lifestyle and long history of legal troubles, has for years had substantial debts hanging over him from his dealings with H2O Asset Management, which poured ordinary savers money into hard-to-sell bonds linked to his businesses.Once a star of…
[ad_1] Australia’s Clean Energy Regulator issued a total of 504,587 carbon credits from November 10 to 24… [ad_2] Source link
[ad_1] Image source: Getty Images The dividend yield indicates how much money investors will receive from their investment in the form of relatively regular — often biannual — payouts. This is why stocks that pay a dividend are favoured by investors hunting passive income. However, investors have to be wary of some fairly common pitfalls when investing for dividends. The first one is recognising that dividend yield for the past year isn’t always representative of the dividend yield investors will receive over the coming year. For example, the Hargreaves Lansdown platform currently suggests housebuilder Crest Nicholson pays a 10.7% dividend…
[ad_1] PADOVA study showed numerical delay in motor progression and positive trends on multiple secondary and exploratory endpointsPrasinezumab continues to be well tolerated and no new safety signals were observedRoche is further evaluating the data and will work together with health authorities to determine next steps DUBLIN–(BUSINESS WIRE)–Prothena Corporation plc (NASDAQ:PRTA), today announced results from the Phase IIb PADOVA study conducted by partner Roche investigating prasinezumab in 586 people with early-stage Parkinson’s disease, treated for a minimum of 18 months while on stable symptomatic treatment. Prasinezumab showed potential clinical effect in the primary endpoint of time to confirmed motor progression…
[ad_1] (Reuters) – A merger between Honda and Nissan would not come with quick gains, as the automakers would first need to align their strategies while overlapping regional markets would limit the sales benefits, S&P analysts said on Wednesday. While the potential deal would result in a $54 billion automotive company, the world’s third largest, any benefits for its credit outlook would come with a delay, they wrote in a research note. “We … believe it will be difficult for them to produce significant effects quickly through expanding the scope of their collaboration to include batteries, software, and autonomous driving,”…
[ad_1] Image source: Getty Images The Tesla (NASDAQ:TSLA) share price has turned red hot in the second half of 2024. Buoyed by the promise of autonomous vehicles and Donald Trump’s upcoming presidency, retail investors have gone crazy for Elon Musk’s $1.5trn company. However, the company which most people know for its electric vehicles (EVs) now trades at 186 times forward earnings. And the price-to-earnings-to-growth (PEG) ratio, which takes growth estimates into account, stands at 22 times. For those of you who are new to the PEG metric, a ratio above one is typically considered overvalued. So, is this vast valuation…
[ad_1] Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the V.S. Industry Berhad (KLSE:VS) share price is up 63% in the last 5 years, clearly besting the market return of around 6.0% (ignoring dividends). On the other hand, the more recent gains haven’t been so impressive, with shareholders gaining just 37%, including dividends. With that in mind, it’s worth seeing if the company’s underlying fundamentals…
[ad_1] Investing.com– Asian chipmaking stocks tumbled on Thursday, tracking steep overnight declines in their U.S. peers after memory chip giant Micron presented softer-than-expected guidance for the current quarter. Tech stocks were also battered by a wider sell-off after the U.S. Federal Reserve signaled a substantially slower pace of rate cuts in 2025. South Korea’s SK Hynix Inc (KS:) was by far the worst performer among Asian chip stocks, losing about 5%, while peer Samsung Electronics Co Ltd (KS:) shed 2.9%. Both stocks- which are major players in the memory chip industry- tracked a 16% slump in Micron Technology Inc (NASDAQ:),…