Company News for Jul 1, 2024

Yahoo Finance AU
Tax warning as Aussies hit with $7,000 ATO bills: ‘Will happen’
A tax expert explains why you could owe money to the ATO this year.
BBC
Jeff Bezos to sell another $5bn of Amazon shares
In February, Mr Bezos announced that he would sell shares in technology giant worth around $8.5bn.
Insider Monkey
The Fastest Growing Automotive Brand in the World
In this article, we will take a look at the Fastest Growing Automotive Brand in the World. We have also compiled a full free list of the 15 Fastest Growing Automotive Brands in the World. Global Automotive Market Trends The global automobile manufacturing sector is one of the largest industries worldwide and has been growing […]
Insider Monkey
The Most Expensive Wine in the World
In this article, we are going to discuss the most expensive wine in the world. If you’re also curious about which other wines will cost you an arm and a leg, here is our full list of the 20 Most Expensive Wines in the World. Global Wine Market: Wine is one of the Most Consumed Alcohols […]
Simply Wall St.
Here's Why Napco Security Technologies (NASDAQ:NSSC) Has Caught The Eye Of Investors
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Simply Wall St.
Estimating The Fair Value Of West African Resources Limited (ASX:WAF)
Key Insights West African Resources' estimated fair value is AU$1.39 based on Dividend Discount Model West African...
Associated Press Finance
Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in company
The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year. Shareholder rights plans, or “poison pills,” allow existing shareholders to acquire shares at a discounted rate to discourage a takeover by an outside entity.
Bloomberg
Samsung’s Stock Marks Three-Year High After Profit Leaps 15-Fold
(Bloomberg) -- Samsung Electronics Co. posted its fastest pace of sales and profit growth in years, reflecting a recovery in memory chip demand as AI development accelerates globally. Most Read from BloombergKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidSingapore Couples Are Marrying Earlier to Buy Homes, Leading Some to RegretNewsom Shocks California Politics by Scrapping Crime MeasureThe world’s largest mak
Bloomberg
Australia’s Largest Pension Fund Shifts to Equities
(Bloomberg) -- AustralianSuper, the country’s largest pension fund, is shifting money into equities on the expectation that artificial intelligence will fuel further gains in tech stocks. Most Read from BloombergBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsHouse Democrats Consider Demanding Biden Withdraw From RaceNewsom Shocks California Politics by Scrapping Crime MeasureChina Can End Russia’s War in Ukrai
Simply Wall St.
Is Excelerate Energy, Inc. (NYSE:EE) Trading At A 45% Discount?
Key Insights The projected fair value for Excelerate Energy is US$33.90 based on 2 Stage Free Cash Flow to Equity...
Insider Monkey
Is Microsoft Corporation (NASDAQ:MSFT) the Best Stock Pick of Billionaire Leon Cooperman in 2024?
We recently published a list of the 10 Best Stock Picks of Billionaire Leon Cooperman in 2024. Since Microsoft Corp (NASDAQ:MSFT) ranks 1st on the list, it deserves a deeper look. Billionaire Leon Cooperman predicted in April that the US is headed for a financial crisis. Cooperman said that the Federal Reserve kept interest rates near zero, but […]
Simply Wall St.
Starpharma Holdings Non-Executive Director Acquires 1,759% More Stock
Whilst it may not be a huge deal, we thought it was good to see that the Starpharma Holdings Limited ( ASX:SPL...
Bloomberg
Glencore Coal Deal Approved by Canada as Teck Plans Buyback
(Bloomberg) -- Canada has approved Glencore Plc’s $6.9-billion acquisition of Teck Resources Ltd.’s metallurgical coal business, while the latter announced a $2 billion share buyback and pledged to boost copper output.Most Read from BloombergKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidSingapore Couples Are Marrying Earlier to Buy Homes, Leading Some to RegretNewsom Shocks California Politics by Scrapping Cr
Simply Wall St.
Insiders At Microsoft Sold US$82m In Stock, Alluding To Potential Weakness
In the last year, many Microsoft Corporation ( NASDAQ:MSFT ) insiders sold a substantial stake in the company which may...
Insider Monkey
Chipotle Mexican Grill, Inc. (CMG): Why Are Analysts Bullish On This Restaurant Stock Now?
We recently compiled a list of the 10 Best Restaurant Stocks to Buy Today. In this article, we are going to take a look at where Chipotle Mexican Grill, Inc. (NYSE:CMG) stands against the other restaurant stocks. Currently, quite a bit of anxiety is struck by restaurant stocks in the market, as the Russell index […]
Simply Wall St.
At €18.48, Is SAF-Holland SE (ETR:SFQ) Worth Looking At Closely?
SAF-Holland SE ( ETR:SFQ ), might not be a large cap stock, but it saw a decent share price growth of 16% on the XTRA...
South China Morning Post
Hong Kong shares boosted by Alibaba, Meituan; gains capped as services activity slows
Hong Kong stocks advanced for a third straight day as heavyweight Alibaba Group sparked a tech rally, while mainland investors lent support piling into high dividend stocks. Gains were tempered by data that showed slowing momentum in service activity. The Hang Seng Index gained 1.2 per cent to 17,978.52 at the local noon trading break after briefly topping the 18,000 level, with the Tech Index rallying 2.5 per cent in a rebound from two-month lows. The Shanghai Composite Index declined 0.4 per c
South China Morning Post
Chinese bonds more popular than ever with foreign investors as Bond Connect turns 7
Foreign investors have advanced their holdings in China's US$20 trillion domestic bond market since the Bond Connect mechanism was introduced to link them to new growth and diversification opportunities in the world's second-largest economy. As the mechanism celebrates its seventh birthday, further enhancements are poised for launch. Since the Northbound Bond Connect commenced trading in July 2017, overseas investors' holdings of onshore Chinese bonds have jumped nearly 4.8 times to 4.22 trillio
South China Morning Post
'Signs of life' in China's markets as supportive measures boost confidence, forum told
Global investors' pessimism about China may no longer be well placed, as policies designed to bolster confidence are likely to spell better times ahead for the market, senior financiers told a conference. "Suffice to say the past few years have been the darkest period for China investors, [but] this story has started to change," said Steven Sun, head of research at HSBC Qianhai Securities. Regulators have been strengthening their efforts to lift the market's performance in recent months. A recor
SmartAsset
How to Protect Your Parents' Assets From Nursing Homes
Long-term care for seniors is one of the biggest gaps in America's safety net. For many of us, as we get older we will require longer and better care. In some cases, this can mean a health aide or other … Continue reading → The post How to Protect Your Parents' Assets From Nursing Homes appeared first on SmartAsset Blog.

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Company News for Jul 1, 2024

Latest stories

Tax warning as Aussies hit with $7,000 ATO bills: ‘Will happen’

Jeff Bezos to sell another $5bn of Amazon shares

The Fastest Growing Automotive Brand in the World

The Most Expensive Wine in the World

Here's Why Napco Security Technologies (NASDAQ:NSSC) Has Caught The Eye Of Investors

Estimating The Fair Value Of West African Resources Limited (ASX:WAF)

Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in company

Samsung’s Stock Marks Three-Year High After Profit Leaps 15-Fold

Australia’s Largest Pension Fund Shifts to Equities

Is Excelerate Energy, Inc. (NYSE:EE) Trading At A 45% Discount?

Is Microsoft Corporation (NASDAQ:MSFT) the Best Stock Pick of Billionaire Leon Cooperman in 2024?

Starpharma Holdings Non-Executive Director Acquires 1,759% More Stock

Glencore Coal Deal Approved by Canada as Teck Plans Buyback

Insiders At Microsoft Sold US$82m In Stock, Alluding To Potential Weakness

Chipotle Mexican Grill, Inc. (CMG): Why Are Analysts Bullish On This Restaurant Stock Now?

At €18.48, Is SAF-Holland SE (ETR:SFQ) Worth Looking At Closely?

Hong Kong shares boosted by Alibaba, Meituan; gains capped as services activity slows

Chinese bonds more popular than ever with foreign investors as Bond Connect turns 7

'Signs of life' in China's markets as supportive measures boost confidence, forum told

How to Protect Your Parents' Assets From Nursing Homes