The iconic International Scout, once a formidable off-road contender, is set to make a triumphant return to the American automotive world. After decades of absence, the Scout nameplate will be resurrected by Volkswagen’s newly formed Scout Motors. This ambitious venture aims to challenge the dominance of established off-road giants like the Ford Bronco and Jeep Wrangler with a pair of all-electric vehicles: a pickup truck and an SUV. Volkswagen Resurrects Scout Motors with All-Electric Off-Road SUV and Truck Concepts (kelsonik / Instagram) With a significant $2 billion investment and a dedicated manufacturing facility in South Carolina, Scout Motors is poised…
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Image source: Getty Images Last week’s Budget shook up UK markets and smaller-cap companies like those on the FTSE 250 are particularly sensitive to such changes. With the largest tax increases in three decades, many companies felt the effects. But some stand to gain better than others. Here’s one FTSE 250 stock I’m avoiding and two that I think could benefit from the new budget. Close Brothers Group Close Brothers Group (LSE: CBG) is in hot water due to a probe by the Financial Conduct Authority (FCA) regarding motor financing. The FCA is investigating historical claims related to commissions that…
If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly boost your returns by picking above-average stocks. To wit, the Centuria Capital Group (ASX:CNI) share price is 48% higher than it was a year ago, much better than the market return of around 16% (not including dividends) in the same period. That’s a solid performance by our standards! Zooming out, the stock is actually down 45% in the last three years. Now it’s worth having a look at the company’s fundamentals too, because that will help us…
My dear friend Tyler died in April. The loss was sudden and unexpected, but I’m grateful to know that he felt no pain when it happened.I was at work when my husband called me in shock. I ran the mile home in my heels, finally taking my shoes off when I reached the grass field of Porter Park.Tyler was our neighbor. We were part of a friend group that slowly migrated to live next to each other, with apartments on each side of a fence. Our complex put up a “Do Not Hop the Fence” sign in our honor. My…
Trump Media & Technology Group stock (DJT) was briefly halted for volatility in late afternoon trading on Tuesday as investors brace for more wild swings with Election Day underway in the US. Shares quickly erased 15% gains and reversed Monday’s double-digit percentage rise to kick off the week. The stock somewhat recovered heading into the close, rising about 5%. Shares suffered their largest percentage decline last week and closed down around 20% to end the five-day period on Friday, which shaved off around $4 billion from the company’s market cap. The stock has still more than doubled from its September…
One of the rarest and most iconic automobiles ever produced, the 1956 Mercedes-Benz 300 SL Gullwing, recently commanded a staggering $9,335,000 at a RM Sotheby’s auction. This particular Gullwing, chassis number 198.043.5500872, is one of only 29 ever built with an aluminum body, making it an extremely desirable collector’s item. Originally owned by legendary Ferrari importer and Le Mans champion Luigi Chinetti, the car remained in his possession for 20 years before being sold to Rudi Klein. Since then, it has remained largely untouched, preserving its original interior, matching-numbers engine, transmission, and steering box. Rare 1956 Mercedes-Benz 300 SL Gullwing…
TORONTO, Canada, Nov. 05, 2024 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (CGI) (TSX: CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2024 was $66.42 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 20.9% and 33.5%, respectively. These compare with the 18.2% and 32.1% returns of the benchmark Index on a total return basis for the same periods. The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at October 31, 2024, the leverage represented…
FILE – Coast Range fog settles on the Elliott State Forest near Coos Bay. The Oregon State Land Board recently approved a plan to enroll the forest in the voluntary carbon credit market.Jes Burns, OPB/EarthFixYour browser does not support the audio element.The Oregon State Land Board recently approved a plan to enroll the Elliott State Forest in the voluntary carbon credit market. The forest spans more than 80,000 acres in southwestern Oregon near Coos Bay. Oregon is the second state behind Michigan to dedicate an entire state forest to storing harmful carbon emissions and selling the credits. State officials say…
The custom Yamaha V-Max, a product of Motocrew and the vision of a formidable client, is a testament to the fusion of power and precision. The bike, originally a 1998 model, underwent a comprehensive transformation to cater to the needs of its owner, a dedicated serviceman and MMA fighter. To enhance the handling, the stock forks were replaced with inverted units from a Yamaha FZR1000, secured by custom-made triple clamps. The front end was further upgraded with a three-spoke wheel and high-performance brake calipers, also sourced from the FZR1000. The rear suspension received an overhaul with premium YSS shock absorbers,…
Making the right gold investing moves now could lead to bigger payoffs in the future. Getty Images/iStockphoto Gold has proven itself as one of the most resilient assets of the year, displaying remarkable growth so far in 2024. Starting the year at $2,063 per ounce, the price of gold is now sitting over $2,748 per ounce, slightly below its recent record high. As a result, investors who bought gold earlier this year — or even just a few months ago — have already reaped notable returns, a big benefit of this exceptional price trajectory. Historically, though, gold’s value tends to increase more…