Posts published in “Stocks”

FOR AN UPBEAT commentary on America’s telecoms market speak to Jonathan Chaplin of New Street Research, a boutique firm of financial analysts. He extols the virtues of the industry, at least compared with its “boring as hell” European counterpart. He relishes the returns and cash that it generates, much of which come pouring out in…

Tuesday night, the Protecting the Right to Organize Act passed the House by 225–205 votes. If it passes the Senate and becomes law, it will peel back over half a century of anti-union policies, including core provisions of the Taft-Hartley Act of 1947. It would override state-level right-to-work protections—the darlings of the Koch brothers machine—and create…

Pity the newly rich, who are struggling with where to put their millions. According to a recent analysis cited by The New York Times, about 7,000 millionaires will emerge from the latest round of Silicon Valley initial public offerings, which includes companies like Airbnb, Snowflake, and Palantir, and they’re not sure how to spend it…

Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. In Ernest Hemingway’s novel “The Sun Also Rises,” there is a famous passage where a main character shares insight into how he went bankrupt: “Two ways. Gradually, then suddenly.” The food and beverage industry’s shift to online was similar —…

HONG KONG, Mar 4, 2021 - (ACN Newswire) - CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), a leading international integrated telecommunications and information and communications technologies services provider in Asia, reported profit attributable to equity shareholders of HK$1,023 million for the year ended 31 December 2020, representing a year-on-year…

This week, the first true headline-grabbing legislative battle of the Biden administration and the Democratic Congress has begun as the $1.9 trillion pandemic relief package takes center stage in the Senate. As with any piece of rock-star legislation, the bill’s movement through the Capitol has been accompanied by backstage maneuvering, bickering, and poor judgment. Senate…

President BidenJoe BidenThe West needs a more collaborative approach to Taiwan Abbott's medical advisers were not all consulted before he lifted Texas mask mandate House approves George Floyd Justice in Policing Act MORE is boosting the nation’s hopes that an end to the worst of the coronavirus pandemic could be close at hand.It’s a gambit…

* Anglo declares dividend of 72 cents* Shares jump 4%* Buying interest in SAfrican coal assets (Adds shares, analyst quotes, Quellaveco timeline)LONDON, Feb 25 (Reuters) - Anglo American beat forecasts with a small fall in 2020 earnings and boosted its dividend after strong commodity prices helped the diversified miner recover from coronavirus disruptions in the…

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