In today’s Brief, we unpack the latest estimate of the size of impact investing assets under management from the GlIN. Source link
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The Dow led US stock futures lower on Wednesday, as doubts about rate cuts weighed on investors getting ready for a busy day of earnings highlighted by Boeing (BA) and Tesla (TSLA). Dow Jones Industrial Average futures (YM=F) fell 0.4%, while S&P 500 futures (ES=F) edged down 0.2% after the benchmark booked back-to-back losses for the first time since September. Contracts on the tech-heavy Nasdaq 100 (NQ=F) slid almost 0.4%. The rally in stocks has stalled as investors debate how quickly the Federal Reserve will cut interest rates over the next year. Gloom about the prospect of rates staying higher…
The Dodge Super Bee, introduced in 1968 alongside its Plymouth counterpart, the Road Runner, was a muscle car that, despite its initial success, was discontinued by 1971. This early demise was likely due to a combination of factors, including low sales and the availability of other, more popular models within the Dodge lineup. The Super Bee, known for its powerful engines and distinctive styling, was initially offered with a variety of engine options, including the iconic 440 cubic inch Six Pack and 426 cubic inch HEMI V8. However, even after the HEMI was discontinued in 1970, the Super Bee continued…
Image source: Getty Images The Diageo (LSE: DGE) share price has taken a battering lately. It’s down 15.7% over the last 12 months and 28.37% over three years. Problems came to a head last November, after it issued a profit warning after sales plunged in its Caribbean and Latin American markets. As the local economy slowed, cash-strapped drinkers switched to cheaper local brands, while inventory issues left Diageo sitting on a heap of unsold stock. Should I sell this FTSE 100 underperformer? This looked like a great opportunity to buy a company I’d had on my watchlist for years, but…
Ford Bronco enthusiasts, brace yourselves for a mix of excitement and disappointment. While the base trim level returns for the 2025 model year, the Blue Oval has also made some significant changes. The popular Black Diamond, Wildtrak, Everglades, and Heritage Limited Edition grades, along with the 221A and 331A equipment groups, have been discontinued. In terms of exterior colors, six options have been removed, and replaced by three new hues. Ruby Red Metallic Tinted Clearcoat, Marsh Gray, and Desert Sand join the Bronco’s palette. Under the hood, the 2.3-liter EcoBoost engine now comes with a 10-speed automatic transmission in the…
More Than 98% of Votes Cast at Special Meeting Voted for Transaction AUSTIN, Texas–(BUSINESS WIRE)–Iteris, Inc. (NASDAQ: ITI) ( Iteris (NASDAQ:) or the Company), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that Iteris stockholders approved the proposed merger agreement with Almaviva S.p.A. (Almaviva) at Iteris’ Special Meeting of Stockholders held yesterday. As previously announced, under the terms of the merger agreement, Almaviva will acquire Iteris in an all-cash transaction in which Iteris’ stockholders will receive $7.20 per share of common stock, valuing Iteris at approximately $335 million equity value. The parties anticipate the transaction will…
A 2022 Ford F-150 Lightning, once priced at a hefty $92,369, recently failed to sell at auction for a mere $50,000. This stark contrast highlights the current state of the electric vehicle market, where even high end models are struggling to retain their value. While EVs offer significant advantages like reduced maintenance costs, the market is still grappling with factors that limit their widespread adoption. This particular Lightning, equipped with premium features like a twin-panel sunroof, LED headlights, and a powerful onboard generator, is a testament to the capabilities of electric trucks. 2022 Ford F-150 Lightning Struggles at Auction Amid…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024.Brendan McDermid | ReutersStock futures fell on Wednesday after the S&P 500 posted its first back-to-back loss since early September, while Treasury yields moved higher.Futures linked to the broad market index lost 0.1%. Dow futures slid 154 points, or 0.4%, while Nasdaq-100 futures dropped 0.2%.Dow member McDonald’s fell 6.1% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak tied to the fast-food giant’s Quarter Pounder burgers has resulted in 10 hospitalizations and one death. Starbucks tumbled…
Changes in market conditions can impact the REIT’s big-time dividend. AGNC Investment (AGNC -3.56%) is a leader in investing in the Agency residential mortgage-backed securities (MBS) market (i.e., MBS protected from credit losses by government agencies like Fannie Mae). The company has a massive MBS portfolio (over $71.8 billion). It also has extensive experience navigating the MBS market and can tell when changes are in the air. It sees the Federal Reserve’s recent rate cut as a catalyst for a big change in the MBS market. Here’s what it sees ahead and how that might affect the mortgage REIT’s monster…
China, a nation renowned for its ancient wisdom and technological advancements, once again showcased its innovative spirit with a breathtaking drone light show. This spectacular display marked the 75th anniversary of the People’s Republic of China and broke a world record previously held by the country itself. In the bustling city of Shenzhen, known for its rapid industrial development, thousands of drones choreographed a mesmerizing performance, illuminating the night sky with intricate patterns and vibrant colors. The drones, meticulously programmed and controlled remotely, moved in perfect synchronization, creating a symphony of light and motion that fascinated onlookers. China Sets New…