Image source: Getty Images FTSE 100 incumbent LondonMetric Property (LSE: LMP) looks like it has all the hallmarks to become a potential future Dividend Aristocrat, in my eyes. Here’s the thinking behind my assertion, as well as why I’d love to buy some shares when I next can. Diversified property You might have already guessed from the name but LondonMetric makes money from diversified property assets. From a returns view, it’s set up as a real estate investment trust (REIT). This is a huge plus, as it means that the business must return 90% of profits to shareholders. Please note…
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The building blocks for a high-integrity voluntary carbon market are in place. Credit – Getty Images—© Andriy OnufriyenkoAs we move from ambition to action on climate, realities are starting to hit.Many companies that have set climate targets are struggling to meet them—particularly when it comes to their scope 3 supply chain emissions. We need to rapidly limit deforestation—but we need new forms of finance to do so. And we must significantly expand the flows of finance for climate action to the Global South. These are not easy tasks and solving these problems will require us to get practical and use…
In Oklahoma’s disappointing loss to Tennessee on Saturday, there were very few bright spots to comb through on the offense side of the ball. Once again, the Sooners’ defense looked like an SEC unit that was more than ready for the big moment while the offense stumbled far behind in a 25-15 loss to the Vols. Four games into the season, that’s been a consistent theme for this team.Three crushing turnovers, two inside Tennessee territory and one inside the Volunteers 5-yard line, pitted the Sooners in an insurmountable hole. It felt like the OU offense was gift-wrapped perfect field position…
Overview of the Recent TransactionOn September 24, 2024, Elliott Investment Management L.P. (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring 3,028,000 shares of Southwest Airlines Co (NYSE:LUV). This transaction, executed at a price of $29.63 per share, increased Elliott’s total holdings in the airline to 61,116,500 shares. This move not only reflects a substantial investment in the airline but also increases Elliott’s stake in the company, emphasizing the firm’s confidence in the future of Southwest Airlines.Profile of Elliott Investment Management L.P. (Trades, Portfolio)Headquartered in West Palm Beach, Florida, Elliott Investment Management L.P. (Trades, Portfolio) is renowned…
September 23, 2024 | By Mary Bailey The Saskatchewan Research Council (SRC) announced that its Rare Earth Processing Facility located in Saskatoon, Canada is ahead of schedule and produced rare earth metals at a commercial scale in summer 2024 – making Saskatchewan the first and only jurisdiction to do so in North America. Using in-house developed, state-of-the-art, automated technology in metal smelting, SRC’s facility is ready to produce 10 tons of neodymium-praseodymium (NdPr) metals per month, with purities greater than 99.5% and conversions greater than 98%. SRC is on track to upscale this production to 40 tons of…
Today I’m having a look at Costco and Target; two fellow big box retailers. Shares of retail powerhouse Costco (COST) have risen about 63%% over the past year, while Target (TGT) shares are up around 39% over the same time frame. Both stocks have performed well, but which is the better opportunity for investors going forward? Let’s examine that question.I’m neutral on Costco based on its pricey valuation. Regarding Target, I’m bullish this stock based on its inexpensive valuation, attractive dividend yield, and long history of dividend growth. Additionally, sell-side analysts view Target as having considerably more upside ahead over the…
Cathie Wood’s ARK ETFs have reported their daily trades for Tuesday, September 24th, 2024, revealing a series of strategic moves in the tech and biotech sectors. At the forefront of these trades was the purchase of 52,990 shares of GitLab Inc (NASDAQ:GTLB) through the ARKW ETF, amounting to a substantial investment of $2,818,008. This marks a continued interest in the DevOps platform provider, following a significant acquisition of GitLab shares the previous week. Another notable buy was the addition of 1,996 shares of e-commerce giant Amazon.com Inc (NASDAQ:) through the ARKQ ETF, totaling $386,984. This decision aligns with ARK’s ongoing…
Image source: Getty Images Back in time, before the pandemic, the easyJet (LSE:EZJ) share price consistently traded well above £10 for most of the 2010s. On 21 February 2020, the company’s shares were valued at £12.70 apiece. By 3 April, they had dramatically fallen by 69% to £4. This is understandable as travel and flights were severely restricted by lockdowns worldwide. However, what’s not so understandable is why easyJet shares have mounted such a weak recovery, if you can even call it that. It’s almost four and a half years since then, yet its shares have only risen by 28%…
Traders work on the floor of the New York Stock Exchange during morning trading on September 23, 2024 in New York City.Michael M. Santiago | Getty ImagesStock futures were calm on Tuesday evening as Wall Street looks to extend its September gains.S&P 500 futures were little changed. Nasdaq 100 futures ticked up less than 0.1%, and futures tied to the Dow Jones Industrial Average dipped 0.1%.The moves come after the S&P 500 and Dow closed at record highs after gaining 0.25% and 0.20%, respectively. The Nasdaq Composite gained 0.56% and is less than 4% from its record high.All three averages…
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES MONTRÉAL, Sept. 24, 2024 (GLOBE NEWSWIRE) — Genius Metals Inc. (TSXV: GENI) (“Genius Metals” or the “Corporation”) is pleased to announce a non-brokered private placement of up to 6,250,000 units of the Corporation (“Units”) at a price of $0.08 per Unit, for total gross proceeds of up to $500,000 (the “Offering”). Each Unit will consist of one common share of the Corporation (a Common Share) and one-half of one Common Share purchase warrant (a Warrant). Each whole Warrant will entitle its holder to purchase one Common…