China should look to Africa to diversify its supply chains and counter overcapacity claims from the West, according to the head of the Africa Finance Corporation. AFC chief executive Samaila Zubairu said China, a world leader in renewable energy, should consider moving part of the industry’s supply chain to Africa, rather than seeing the continent […]
Realty Income Corporation (NYSE:O) Q1 2024 Earnings Call Transcript May 7, 2024 Realty Income Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the Realty Income Q1 2024 Earnings Conference Call. All participants will be […]
Rivian (NASDAQ: RIVN) and Nikola (NASDAQ: NKLA) were once two of the market’s hottest electric vehicle stocks. Rivian went public in Nov. 2021, and it soared from its IPO price of $78 to a record high of $172.01 a week later. Nikola went public by merging with a special purpose acquisition company (SPAC) in June […]
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The State collected 4.5 per cent less tax than expected in the first three months of the year due to a sharp fall in corporation tax receipts. However, Minister for Finance Michael McGrath said this reflected a timing issue that “will almost certainly be made up” later this year. The State has collected record levels […]
About a third of the State’s corporation tax receipts is collected from three individual companies, the Minister for Finance has said. Michael McGrath warned of a “concentration risk” as the top 10 businesses in the Republic contribute almost 60 per cent of all corporation tax. It came as a report claimed it is “probable” that […]
Facing substantial development pressures in the next several decades, Granville-area officials are looking for tools beyond existing planning and zoning regulations to manage growth in the best interests of the community. One of those tools is the creation of a community improvement corporation by the village of Granville, Granville Township, Granville schools and the Granville […]
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Money isn’t free speech Jan. 21 marked the 14th anniversary of the Citizens United Supreme Court decision. The ruling increased the amount of money spent in political elections from the very rich and corporate entities, drowning out the voices of people to be heard by elected representatives who didn’t politically contribute. Many, if not most, […]
It’s been a tough year for defense and aerospace company RTX Corporation (NYSE: RTX) — formerly known as Raytheon Technologies. The stock has not only trailed the S&P 500 over the past 12 months, but shares are down more than 10%. The company incurred a $5.4 billion charge on revenue and a $2.9 billion hit […]
Nikola (NASDAQ: NKLA) and Lucid (NASDAQ: LCID) both disappointed investors in similar ways after their public debuts. Both electric vehicle (EV) makers went public by merging with special purpose acquisition companies (SPACs), attracted a stampede of bulls with their optimistic production forecasts, then drove them away by missing those estimates by a mile and racking […]