{
}
London's FTSE 100 rose 0.2% to 8,782.89, with HSBC gaining ahead of its annual results. In contrast, BT Group fell sharply after Citi downgraded its rating to 'sell,' citing concerns over Openreach's revenue decline and the sustainability of BT Consumer's pricing. InterContinental Hotels also saw a decline despite reporting increased profits and a share buyback announcement.
Peter Schiff has urged President Biden to sell all federally held Bitcoin to reduce the 2024 budget deficit and eliminate plans for a "Strategic Bitcoin Reserve." Schiff argues that this move would prevent future administrations, like Trump’s, from establishing a national BTC stockpile. Meanwhile, countries such as Russia and Brazil are exploring their own Bitcoin reserves, highlighting the growing recognition of cryptocurrency as a hedge against inflation and geopolitical risks.
TJX Companies reported a strong start to the holiday shopping season, with fiscal third-quarter earnings per share of $1.14, surpassing expectations. However, its holiday quarter guidance of $1.12 to $1.14 fell short of Wall Street"s $1.18 forecast, leading to a decline in shares. Comparable sales growth is expected to be between 2% and 3%, while the company anticipates full-year earnings between $4.15 and $4.17, slightly below analyst expectations.
UBS joint ventures have invested approximately CHF 1 billion in two Chinese companies under US sanctions, including Aviation Industry Corporation of China Xi"an and Hikvision. The bank holds 49% and 20% stakes in these firms, which are linked to the Chinese government and have been on the sanctions list since 2021. UBS asserts that these transactions comply with legal regulations.
UBS is reportedly linked to Chinese military companies under U.S. sanctions, investing around $1 billion in fighter jet manufacturer Avic Xi"an and surveillance supplier Hikvision through joint ventures. Despite selling shares after the sanctions were imposed, UBS"s joint ventures have made significant purchases, raising concerns about potential U.S. retaliation. The bank maintains that its investments comply with U.S. laws, asserting that trading of these securities is permissible outside the U.S. as long as U.S. persons are not involved.
UBS is reportedly linked to sanctioned Chinese military firms, investing around $1 billion in Avic Xi"an and Hikvision through joint ventures with state-owned enterprises. Despite these ties, UBS asserts compliance with U.S. regulations, stating that their investments do not violate sanctions as long as U.S. persons are not involved in transactions.
UBS is reportedly linked to sanctioned Chinese military firms, investing around $1 billion in Avic Xi"an and Hikvision through joint ventures with state-owned enterprises. Despite these ties, UBS asserts compliance with U.S. regulations, stating that their investments do not violate sanctions as long as U.S. persons are not involved in transactions.
Blue Tokai, an Indian coffee chain, aims to triple its annual revenue to 10 billion rupees ($118.5 million) by 2027 before considering an IPO. The company plans to expand its presence to about 350 cafes in major cities like Hyderabad and Chennai, capitalizing on the growing coffee culture in India. Currently, Blue Tokai operates over 130 cafes and has a revenue run rate of 3.7 billion rupees this year.
The government is considering lifting the suspension on futures trading for oil, oilseeds, and pulses, following pressure from the National Commodity & Derivatives Exchange (NCDEX). While discussions are ongoing, the ban on paddy and wheat futures is expected to remain. The NCDEX is advocating for the resumption of trading, citing the need for market maturity and reduced reliance on international price signals, as India imports a significant portion of its edible oil.
UBS is reportedly involved in sensitive business with US-sanctioned Chinese military companies, including stakes in Aviation Industry Corporation of China and Hikvision. Despite reducing investments post-sanctions, joint ventures have increased exposure. The bank has stated it adheres to US regulations, but the timing of this revelation poses challenges as UBS seeks a full banking license in the USA.
B
Companies
B / nyse
Barnes Group
At close 12/16/2024 21:00:02
47.11$
0.04$ (0%)
After hours: 12/16/2024 21:45:48
47.08$
-0.03$ (-0%)
Content of tab #2
Barnes Group Inc
Barnes Group, Inc. engages in the provision of engineered products, industrial technologies, and solutions, serving a wide range of end markets and customers. It operates through the Industrial and Aerospace segments. The Industrial segment includes molding solutions; force and motion control; and automation and engineered components business units. The Aerospace segment consists of original equipment manufacturing (OEM) business, maintenance repair and overhaul (MRO) services, and the manufacture and delivery of aerospace aftermarket spare parts. The company was founded by Wallace Barnes in 1857 and is headquartered in Bristol, CT.
Sector
industrialgoods
Industry
Industrial Goods
CEO
Thomas J. Hook
Employees
6500
Website
Address
123 Main Street, Bristol, CT, 06010, US
MachinaScore
6
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Blogger Sentiment
Bullish
B Sentiment 100%
Hedge Fund Trend
Positive
By 141.3k Shares Last Quarter.
Insider Transactions
Negative
Worth -273.53k over the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days
-0.02%
Last 30 Days -0.07%
Last 30 Days -0.07%
News Sentiment
Very Negative
Bullish news %
Bearish news %
Bearish news %
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.1
Trailing 12-Months
Fundamentals
Return on Equity
-3.01
Trailing 12-Months
Asset Growth
-6.17
Trailing 12-Months
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
hsbc rises ahead of results while bt suffers from downgrade
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14:02 20.11.2024
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12:01 19.11.2024
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12:00 19.11.2024
Blue Tokai aims for threefold revenue growth before potential IPO
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10:09 19.11.2024
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04:30 19.11.2024
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14:44 18.11.2024
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