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shares of realty income corp o inched 025 higher to 6710 tuesday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 031 to 3373396 and the sp 500 index spx falling 007 to 401695 this was the stocks third consecutive day of gains realty income corp closed 830 below its 52week high 7540 which the company reached on april 21st the stock underperformed when compared to some of its competitors tuesday as kimco realty corp

shares of alexandria real estate equities inc are rose 287 to 12422 monday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 090 to 451844 and the dow jones industrial average djia rising 116 to 3547313 alexandria real estate equities inc closed 4843 short of its 52week high 17265 which the company achieved on february 2nd the stock outperformed some of its competitors monday as boston properties inc bxp rose 178 to 6975 healthpeak properties inc peak rose 122 to 2149 and medical properties trust inc mpw rose 151 to 1010 trading volume 636720 remained 431892 below its 50day average volume of 11 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of nortonlifelock inc nlok rallied 113 to 2501 thursday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 099 to 399895 and the dow jones industrial average djia rising 051 to 3203690 this was the stocks sixth consecutive day of gains nortonlifelock inc closed 591 below its 52week high 3092 which the company reached on february 10th the stock demonstrated a mixed performance when compared to some of its competitors thursday as microsoft corp msft rose 098 to 26484 adobe inc adbe rose 185 to 40891 and oracle corp orcl rose 269 to 7454 trading volume 56 m remained 12 million below its 50day average volume of 68 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of vornado realty trust vno slid 567 to 1865 tuesday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 153 to 398637 and dow jones industrial average djia falling 172 to 3285646 vornado realty trust closed 2861 below its 52week high 4726 which the company achieved on march 11th the stock underperformed when compared to some of its competitors tuesday as jbg smith properties jbgs fell 251 to 1591 broadstone net lease inc bnl fell 199 to 1726 and essential properties realty trust inc eprt fell 136 to 2542 trading volume 37 m remained 341753 below its 50day average volume of 41 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of vornado realty trust vno rallied 525 to 1303 wednesday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 119 to 415877 and the dow jones industrial average djia rising 124 to 3342077 vornado realty trust closed 2262 below its 52week high 3565 which the company reached on may 27th the stock outperformed some of its competitors wednesday as jbg smith properties jbgs rose 330 to 1501 broadstone net lease inc bnl rose 114 to 1603 and essential properties realty trust inc eprt rose 057 to 2466 trading volume 33 m remained 15 million below its 50day average volume of 48 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

twin vee powercats co shares were down 29 in premarket trading after the company said it priced its underwritten public offering of 25 million common shares at a public offering price of 275 a share the company expects to see proceeds of 69 million before deducting underwriting discounts commissions and offering expenses all of the shares of common stock are being offered by twin vee which has granted the underwriters a 45day option to buy up to an additional 375000 shares at the public offering price less discounts and commissions to cover overallotments the offering is expected to close monday twin vee intends to use the proceeds from the offering primarily for product development and general corporate purposes which may include working capital capital expenditures operational purposes and potential acquisitions in complementary businesses

shares of moodys corp mco inched 070 higher to 38627 tuesday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 059 to 3679965 and the sp 500 index spx falling 006 to 479354 the stocks rise snapped a fiveday losing streak moodys corp closed 2167 below its 52week high 40794 which the company reached on november 1st the stock outperformed some of its competitors tuesday as sp global inc spgi fell 028 to 45982 msci inc msci fell 075 to 59113 and morningstar inc morn rose 001 to 33603 trading volume 528558 remained 83328 below its 50day average volume of 611886 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of inovio pharmaceuticals inc ino rose 157 to 713 tuesday on what proved to be an allaround great trading session for the stock market with the nasdaq composite index comp rising 071 to 1512909 and the dow jones industrial average djia rising 056 to 3545731 inovio pharmaceuticals inc closed 1187 short of its 52week high 1900 which the company achieved on february 2nd the stock demonstrated a mixed performance when compared to some of its competitors tuesday as abbvie inc abbv rose 002 to 10745 amgen inc amgn rose 180 to 20678 and astrazeneca plc adr azn rose 148 to 6017 trading volume 24 m remained 18 million below its 50day average volume of 42 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

as of the close of business on wednesday 119 we captured the top 10 highest short interest stocks within the real estate sector the average short interest for stocks within the real estate sector stands at 302 therefore the below stocks are showing a more pessimistic outlook than their peers within the respective sector short interest is the percentage of a stocks outstanding shares being sold short which is utilized as a gauge for stock price sentiment when short interest increases this is generally considered a negative bear market indicator whereas when short interest decreases this is generally considered a positive bull market indicator disclaimer the short interest indicator is produced by tidal markets in partnership with benzinga insights the data represented is exclusive to short interest data amalgamated daily by tidal markets llc and its underlying proprietary sources the information contained herein should not be compared to contrasted or evaluated against other short interest data providers any information contained herein does not constitute or imply investment advice

shares of nrg energy inc nrg inched 095 higher to 3501 tuesday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 129 to 416400 and the dow jones industrial average djia rising 078 to 3415669 this was the stocks second consecutive day of gains nrg energy inc closed 1281 short of its 52week high 4782 which the company reached on may 26th the stock outperformed some of its competitors tuesday as duke energy corp duk fell 097 to 10082 exelon corp exc fell 034 to 4082 and sempra sre fell 034 to 15710 trading volume 32 m remained 12 million below its 50day average volume of 43 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of first quantum minerals ltd fm rose 391 to c2339 monday in what proved to be an allaround favorable trading session for the canadian market with the sptsx composite index gsptse rising 025 to 1966917 this was the stocks third consecutive day of gains first quantum minerals ltd closed c2199 short of its 52week high c4538 which the company achieved on april 4th trading volume of 32 m shares eclipsed its 50day average volume of 31 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

goldman sachs expects two rate hikes by south koreas central bank in 2022 goohoon kwon of goldman sachs predicts the pace of monetary policy normalization by the bank of korea next year and discusses whether the central bank has a handle on the overheating housing market

shares of old dominion freight line inc odfl inched 016 higher to 31215 tuesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 046 to 411917 and dow jones industrial average djia falling 017 to 3356181 old dominion freight line inc closed 6966 below its 52week high 38181 which the company achieved on february 2nd

tesla inc is recalling about 80000 cars in china due to software and seatbelt issues days after us regulators asked the company to recall hundreds of thousands of vehicles the electriccar maker the second largest in china by sales has filed its recall plan to the state administration for market regulation the chinese regulator said friday the recall involves 67698 imported model s and model x cars which have software problems that may lead to battery malfunction tesla is also recalling 2736 imported model 3 cars and 10127 of such vehicles made in china the company cited seatbelt issues for these vehicles according to chinas top market watchdog teslas recall in china came after the national highway traffic safety administration in the us last week recalled more than 300000 tesla vehicles due to potential taillight failures

shares of news corp cl a nwsa shed 158 to 1740 tuesday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 063 to 413215 and dow jones industrial average djia falling 067 to 3299012 the stocks fall snapped a threeday winning streak news corp cl a closed 951 short of its 52week high 2691 which the company achieved on june 1st the stock underperformed when compared to some of its competitors tuesday as thomson reuters corp tri rose 029 to 9904 relx plc adr relx fell 131 to 2864 and new york times co cl a nyt rose 015 to 3449 trading volume 44 m eclipsed its 50day average volume of 30 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of medtronic plc mdt rallied 143 to 7971 monday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 143 to 399056 and the dow jones industrial average djia rising 158 to 3400504 this was the stocks third consecutive day of gains medtronic plc closed 3460 below its 52week high 11431 which the company achieved on april 21st the stock demonstrated a mixed performance when compared to some of its competitors monday as johnson johnson jnj rose 119 to 17784 danaher corp dhr rose 154 to 27349 and abbott laboratories abt rose 184 to 10949 trading volume 60 m remained 909284 below its 50day average volume of 69 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

the us economy grew slightly faster in the fourth quarter than previous estimates have shown rising at a 7 annual rate in the last three months of 2021 as businesses restocked their inventories and private investment increased that figure—the second estimate of fourthquarter gross domestic product which the commerce department reported thursday—marks a slight uptick from the previous estimate of 69 growth which the agency reported last month economists had expected the second estimate to show 7 growth

sydney july 11 reuters asian shares started cautiously on monday as investors braced for a us inflation report that could force another supersized hike in interest rates and the start of an earnings season where profits could be under pressure an upbeat us june payrolls report already has the market wagering heavily on a hike of 75 basis points from the federal reserve this month and sending bond yields higher underlining the global nature of the inflation problem central banks in canada and new zealand are expected to tighten further this week while wall street did eke out some gains last week the market mood will be tested by earnings from jpmorgan and morgan stanley on thursday with citigroup and wells fargo the day after consensus expects 2q sp 500 eps growth of just 6 yearyear says goldman sachs analyst david j kostin while firms will likely clear this low bar we expect cautious commentary will prompt cuts to forward estimates if the economy does manage to dodge recession kostin sees eps growth of 8 in 2022 and 6 in 2023 with the sp 500 index rising to 4300 in a moderate recession eps could fall by 11 early monday sp 500 futures were down 02 and nasdaq futures off 03 mscis broadest index of asiapacific shares outside japan miapj0000pus hovered around flat south korea ks11 eased 03 but japans nikkei n225 added 15 japans conservative coalition government was projected to have increased its majority in upper house elections on sunday two days after the assassination of former prime minister shinzo abe read more a major hurdle will be wednesdays us consumer price report where markets see headline inflation accelerating further to 88 but a slight slowdown in the core measure to 58 an early reading on consumer inflation expectations this week will also have the close attention of the fed unexpected weakness in these releases will be required to dislodge expectations for a 75bps july 27 fed rate rise which lifted from about 71bps to 74bps post the payrolls report said ray attrill head of fx strategy at nab likewise treasury yields climbed around 10 basis points on the jobs report and the 10year stood at 308 on monday up from a recent low of 2746 a hawkish fed combined with fears of recession particularly in europe has kept the dollar up at 20year highs against a basket of competitors the dollar was firm at 13630 yen just off its recent peak of 13700 the euro continued to struggle at 10164 having shed 24 last week to hit a twodecade low and major retracement target at 10172 with little economic relief on the horizon for europe and us inflation data likely to mark a new high for the year and keep the fed hiking aggressively we think the risks remain skewed in favour of the greenback said jonas goltermann a senior markets economist at capital economics indeed we think the eurusd rate will break through parity before long and may well trade some way through that level rising interest rates and a strong dollar have been a headache for nonyielding gold which was ailing at 1742 an ounce having fallen for four weeks in a row oil prices also lost around 4 last week as worries about demand offset supply constraints data from china due friday are likely to confirm the worlds secondlargest economy contracted sharply in the second quarter amid coronavirus lockdowns on monday brent was trading 12 cents lower at 10690 while us crude eased 34 cents to 10445 per barrel

shares of netflix inc nflx slid 044 to 34675 tuesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 058 to 410060 and dow jones industrial average djia falling 059 to 3340238 the stocks fall snapped a fourday winning streak netflix inc closed 4325 below its 52week high 39000 which the company achieved on april 5th the stock underperformed when compared to some of its competitors tuesday as apple inc aapl fell 032 to 16563 walt disney co dis fell 019 to 9957 and comcast corp cl a cmcsa rose 013 to 3777 trading volume 33 m remained 36 million below its 50day average volume of 69 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

the outlook for the auto industry for 2022 is looking iffy according to daiwa analyst jairam nathan he downgraded shares of both ford motor and general motors sending those shares lower tesla shares fell as well partly because ceo elon musk continues to sell stock but also because the issues nathan cited aren’t specific to the big detroit car companies

the us dollar which rallied to a twomonth high on thursday is demonstrating a bullish signal from a technical perspective and has the potential to trend up in the coming months according to sevens report research the greenback’s strength will weigh on equities starting by the beginning of june noted tom essaye founder of sevens the ice us dollar index dxy which measures the currency’s strength against a basket of six major rivals is up about 13 over the past month to above 103 on friday according to dow jones market data it is still down almost 10 from its 53week high reached in september “the move higher in the us currency this week is a consequence of both safehaven flows into the lowrisk currencies and receding bets that the federal reserve could cut interest rates aggressively during the remainder of the year” matthew ryan head of market strategy at ebury wrote in a friday note read the latest threat to stocks a resurgent us dollar from a technical perspective there are signs that a potential bottom for the dollar has been formed essaye noted the dollar index has been holding above 101 a key support level according to essaye meanwhile a downtrend of the dollar starting in october failed to hold since last week essaye noted “if we are on the brink of a new leg higher in the dollar index expect that to become a renewed source of pressure on the broader us equity market” essaye wrote a stronger dollar is negative for us stocks as it often weighs on overseas sales for us companies roughly 40 of sp 500 companies’ revenue are generated outside of the us essaye noted the dollar rallied during several past bear markets for stocks including the dotcom bubble burst in 2000 the 20072008 great financial crisis and the covid pandemic that began in 2020 last year the us dollar climbed while stocks traded lower the dollar index peaked in late september two weeks before stocks reached their lowest levels of the year the sp 500 hit a cyclical low at 357703 on oct 12 2022 according to dow jones market data if the dollar and stocks follow a similar pattern this year equities may begin to feel the effects of a stronger dollar by the start of june sevens noted the dow jones industrial average djia ended friday down 03 up 04 for the past week according to factset the sp 500 was down 01 friday up 17 for the past week the nasdaq composite comp lost 02 friday and gained 3 for the week

shares of arthur j gallagher co ajg inched 016 higher to 16973 tuesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 021 to 364729 and dow jones industrial average djia falling 043 to 2913499 the stocks rise snapped a fiveday losing streak arthur j gallagher co closed 2227 below its 52week high 19200 which the company achieved on august 26th the stock demonstrated a mixed performance when compared to some of its competitors tuesday as marsh mclennan cos mmc fell 001 to 14918 willis towers watson plc wtw rose 001 to 20355 and brown brown inc bro rose 142 to 5945 trading volume 680022 remained 223569 below its 50day average volume of 903591 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of citigroup inc c inched 081 higher to 4730 thursday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 133 to 414622 and the dow jones industrial average djia rising 114 to 3402969 citigroup inc closed 726 below its 52week high 5456 which the company reached on august 16th the stock demonstrated a mixed performance when compared to some of its competitors thursday as jpmorgan chase co jpm rose 038 to 12899 bank of

singapore shares in asiapacific were mostly lower on tuesday as investors reacted to the release of japans revised firstquarter gross domestic product figures the nikkei 225 in japan shed 019 to close at 2896356 while the topix index rose about 01 on the day to 196265 revised government data released tuesday showed japans economy shrank 39 in the first quarter an improvement from the initial estimate of a 51 contraction the revised gross domestic product compared against economists median forecast in a reuters poll for a 48 contraction we expect the economy will experience another contraction in q2 given the extended restrictions which will weigh heavily especially on the services sector makoto tsuchiya assistant economist at oxford economics wrote in a tuesday note however we remain optimistic that the pace of recovery will pick up in h2 as domestic demand recovers supported by increased vaccinations while foreign demand should continue to support the manufacturing sector mainland chinese stocks closed lower with the shanghai composite declining 054 to 358011 while the shenzhen component fell 098 to 1471698 over in hong kong the hang seng index dipped around 01 as of its final hour of trading elsewhere south koreas kospi fell 013 to end the trading day at 324783 the spasx 200 in australia closed 015 higher at 729260

the earnings reporting season gets underway in the week ahead and it is expected to be a positive catalyst that could continue to send stocks higher for now the dow and sp 500 start the week at record highs after a strong rally friday the coming week is packed with federal reserve speakers and important data including a much anticipated inflation reading tuesday when the consumer price index is released fed chairman jerome powell kicks off another busy week for fed appearances with a sunday evening interview on 60 minutes he also speaks wednesday at an economic club of washington event powell in comments this past week continued to reinforce that the fed will keep its easy policies in place for a long time and that any emergence of inflation should be temporary but hotterthanexpected producer price inflation data friday has made the consumer price index release tuesday all the more important ppi gained 1 double the expected increase kevin cummins chief us economist at natwest markets said he expects core cpi to rise 02 for march or 15 yearoveryear but headline inflation should rise 05 or 25 yearoveryear cummins said march is the beginning of a period where inflation could appear greater just because of the comparison to low levels last year when the economy was shut down i think the fed has already moved ahead of it cummins said he expects cpi to peak at 36 in may but then calm down during the summer the other key piece of data in the coming week is the retail sales report for march which cummins said could show a 10 gain the dow jones consensus forecast is for a 56 gain following a 3 decline in february cummins said march sales should be boosted by the 1400 stimulus checks sent to individuals which started reaching bank accounts in midmarch more of the economy has also been opening up as more people get vaccinated the back end of the month should be very strong he said if you look at auto sales that was the highest level in four years it seems like restaurants are getting more crowded with outdoor seating but it may be the earnings season that is the real tell for the economy it isnt what they report said james paulsen chief investment strategist at leuthold group for the first time we are going to hear more and more companies now actually making comments about the future are they going to upwardly revise some of their outlooks or are they not thats whats really going to be key about it the big banks kick off the reporting wednesday with jpmorgan goldman sachs and wells fargo bank of america and citigroup report thursday morgan stanley reports friday pepsico and delta airlines are also among the first to report the consensus for the first quarter is earnings are supposed to be up roughly 22 we have an easy comp from last year that number could be closer to 30 said brian rauscher head of global portfolio strategy at fundstrat rauscher said he expects the most earnings beats to be in the cyclical sectors like consumer discretionary financials and materials all sectors that benefit from the reopening economy i think earnings season is going to be constructive and its going to be good enough to keep the market going higher he said based on estimates and early reports refinitiv now expects earnings growth of 25 for the first quarter companies have been beating estimates so far at a pace of 81 earnings for the financial sector are expected to be up 76 the consumer discretionary sector was hit hard by shutdowns a year ago and its earnings are expected to bounce back by 98 according to refinitiv i think what were going to start to see is the operating leverage for these companies is really underappreciated the earnings are going to start to come back faster than the revenues said rauscher corporate america has really done a good job in the last year of streamlining their operations their cost structures and everything else revenues could come back 50 and earnings could come back 100

copper is a workhorse metal in the global economy given its high ductility conductivity and corrosionresistant properties today clean energy initiatives are catalysts that could lead to higher secular demand another major demand factor is the possibility of a quickerthanexpected economic recovery in china driven by the recovery in its influential property sector demand is only one side of the story though as production disruptions in key south and central american regions add to concerns that the copper market may be heading into a deficit in this piece we discuss these factors and more including how investors may want to consider exposure to copper the recovery of china’s property market is a critical component of the trajectory for global copper demand in our view the chinese government’s latest rescue package can lead to a robust rebound in china’s building and construction supply and inventory risks are a consideration with copper being a core material building block for renewable power grid and electric vehicle ev infrastructure we believe copper presents compelling investment opportunities including through leveraged plays like copper miners china is the biggest consumer in the world using more than half of the world’s supply1 at the center of china’s consumption is its building and construction sector which accounts for about 30 of total copper end use2 how china’s property sector bounces back from covidinduced slowdowns is a key factor in the trajectory for copper demand the massive property sector rescue package that the government unveiled in november 2022 should help3 this rescue package is more pragmatic and comprehensive than earlier measures signaling the central government’s determination to support developer financing and manage the spillover risks as part of the package the china banking and insurance regulatory commission cbirc outlined 16 steps to aid the property sector among them the cbirc lifted a ban on equity refinancing for property developers allowing listed builders to sell local shares for debt payments and acquisitions to finish housing projects construct affordable housing refill working capital and pay off debt listed developers in china will be permitted to begin private placements4 also the property sector received new loan lines totaling 162 billion from china’s leading banks proving a significant synchronized infusion of liquidity into the chinese real estate market5 the 2023 government work report gwr an annual report that details the government’s economic development plans for the year largely restated the vows made at the government’s 2022 central economic work conference cewc in december 2022 the government remains committed to improving property developers’ balance sheets and ensuring home supply the gwr did remove the statement that “housing is for living not for speculation” 6 instead the government now encourages the steady growth of the property market signaling a change from curbing speculation to boosting demand in keeping with cewc the government stressed supporting basic and upgrading housing demand by rolling out financial support7 helped by government stimulus china’s home prices steadied in january to end a 16month decline 8 and gained momentum in february 9 should home prices continue to stabilize and boost buyers’ confidence it could be viewed as an early sign that property sales may start to improve more broadly china reported that its manufacturing sector is recovering rapidly according to february purchasing managers’ index pmi data china’s manufacturing sector expanded at its quickest rate since april 201210 potentially paving the way for higher output and increased economic activity moreover china’s march nbs pmi survey showed service and construction activities driving the postcovid recovery11 copper supply might increase in 2023 due to project rampups 12 but supply disruption risks are a consideration particularly in key central and south american production regions chile and peru alone provide almost 40 of the global copper supply13 recent disruptions in the region include the las bambas copper mine in peru where production was partially cut after road blockades in february 2023 prevented the delivery of raw materials14 in late february 2023 first quantum stopped processing ore at its panama mine due to mine tax and royalty disputes15 disruptions like these increase the risk of a copper shortfall in the coming years which can put pressure on prices other potential stumbling blocks to the rapid expansion of capacity include land acquisition and grid connection risks water scarcity in arid locations is another risk as copper extraction typically requires significant water use already in december 2022 commodity trading and mining company glencore forecasted a 50 mt supply shortage by 203016 low copper inventories in the united states and europe exacerbate the production disruptions in south and central america adding to the perception that the copper market may be approaching a deficit if chinese demand keeps rising as it did in february goldman sachs expects the world to run out of visible copper inventory by the third quarter this year17 low inventories increase the possibility of a price surge in the event of significant drawdowns and a subsequent rush by traders to replenish their stock despite a recent increase inventories remain very low in the london metal exchange lme and commodity new york mercantile exchange comex18 however inventories grew in the shanghai futures exchange shfe following lunar new year which is a seasonal occurrence linked to the holiday if inventories were to fall earlier or more quickly than expected it could confirm expectations of a strong rebound in chinese demand shfe falling inventory levels from the last week of february confirmed a rebound back19 copper’s useful characteristics imply that its demand is closely linked to economic cycles industrialization and now the energy transition in the near term we expect copper prices to find support from global catalysts such as the federal reserve’s fed eventual pause of its hiking cycle a weaker us dollar and china’s reopening in the medium term energy transitionrelated demand and lagging supply investment might mainly drive copper prices many governments are investing to develop renewable energy including solar power and to increase electric vehicles ev adoption notably the united states and europe20 as a result these two economies are becoming key drivers of the surge in copper demand for example the biden administration recently granted 28 billion for ev battery manufacturing21 the inflation reduction act of 2022 provides credits to buy evs and if all goes according to plan 50 of all new cars sold in the united states could be some type of ev 203022 europe increased its demand for copper as part of its accelerated shift to renewables to wean off russian gas23 according to the international energy agency iea annual copper demand globally is expected to double by 203024 copper is one of the minerals that will be indispensable to the energy transition its conductive qualities make copper a key component of lowemissions power production technologies like solar photovoltaic pv panels wind turbines and batteries in addition to its widespread use in the energy transmission and distribution grids25 multiple ways to invest in copper including leveraged plays via miners investors can gain exposure to copper through physical copper futures and mining stocks physical copper bullion can be bought directly from precious metal dealers who sell it at spot market prices the advantage of physical ownership is that its value closely tracks the price movements of the broader copper market also owners have direct access to their investment one downside is that dealers can charge premiums to buy and sell copper which can dramatically reduce returns in addition storage costs must be taken into account paper trading of copper is conducted through the futures market paper trading provides investors with exposure to copper without needing to physically hold the metal potentially improving liquidity and reducing the cost of ownership unlike the bullion market futures markets can also allow investors to use leverage one downside of futures is contango which occurs when future prices of a commodity are higher than its spot price contango can erode gains over time even if the spot price of copper rises for example the copper forward curve has been recently rather smileshaped including phases of contango such as from june to november 202326 copper mining stocks offer indirect exposure to copper prices these stocks tend to be leveraged plays on copper prices due to the fixed costs of extracting the metal historically copper miners outperform bullion in bullish markets because of how these companies use their operating leverage to increase profits which can boost share prices unlike investing directly in copper miners can expand production as profit margins grow a potential drawback for investors is exposure to idiosyncratic risks associated with owning a particular company’s stock to counteract this risk investors may look to an etf which owns a broad basket of companies involved in copper mining this high inflation environment makes for difficult operating conditions causing some analysts to be pessimistic about the mining industry’s capacity to exceed the commodity price due to largely fixed expenses in the mining business companies’ profits depend on both cost curves and the copper price currently copper is trading over cash cost support compared to other base metals copper may not have the shine of a precious metal but the world puts it to work in myriad ways due to its unique characteristics tight supply a bullish longterm story linked to the energy transition and the potential for an economic boom as china reopens create a compelling investment case for copper in our view despite high volatility and risks linked to an expected global slowdown we believe copper is still supported in the near term while a supercycle is envisioned over the decade click the fund name above to view current holdings holdings are subject to change current and future holdings are subject to risk

shares of spirit airlines inc save sank 004 to 2501 monday on what proved to be an allaround favorable trading session for the stock market with the nasdaq composite index comp rising 007 to 1598236 and the dow jones industrial average djia rising 029 to 3643222 spirit airlines inc closed 1576 below its 52week high 4077 which the company achieved on march 18th the stock demonstrated a mixed performance when compared to some of its competitors monday as southwest airlines co luv fell 165 to 5137 delta air lines inc dal rose 081 to 4465 and ryanair holdings plc adr ryaay rose 182 to 12612 trading volume 53 m eclipsed its 50day average volume of 42 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of sempra sre slumped 036 to 16124 monday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 130 to 401777 and dow jones industrial average djia falling 077 to 3371709 the stocks fall snapped a twoday winning streak sempra closed 1523 short of its 52week high 17647 which the company reached on september 12th the stock underperformed when compared to some of its competitors monday as duke energy corp duk rose 006 to 10164 exelon corp exc rose 014 to 4175 and public service enterprise group inc peg rose 078 to 6110 trading volume 15 m eclipsed its 50day average volume of 11 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

walt disney co reported secondquarter sales and profit in line with wall street’s expectations and a smallerthananticipated loss in its streaming tv business disney’s directtoconsumer segment which includes the flagship disney streaming service posted a loss of 659 million the company said wednesday that’s significantly lower than the 8503 million analysts projected and less than half what it was just two quarters ago disney introduced a new adsupported tier for disney in december hiking the cost of the adfree version by 38 to 11 a month in the process while boosting revenue the move appears to be costing the company customers paid subscriptions to disney fell for the second straight quarter to 1578 million analysts had expected 1631 million total revenue for the company rose 13 to 218 billion in the period ended april 1 driven by strong performance of the company’s theme parks adjusted earnings of 93 cents per share decreased from the same period last year the company’s resorts and consumer products unit boosted income by 23 to 217 billion in part due to a return to profitability for the company’s international theme parks profit at disney’s traditional tv business including the espn cable networks and abc’s broadcasting business fell 35 to 183 billion the result of higher sports programming costs and lower advertising chief executive officer bob iger has been working to achieve profitability in streaming by 2024 as part of a wider plan to put disney on a better financial footing he’s cutting 55 billion in annual costs and culling 7000 jobs from the entertainment giant’s workforce “we’re pleased with our accomplishments this quarter including the improved financial performance of our streaming business which reflect the strategic changes we’ve been making throughout the company” iger said in a statement disney shares fell 1 to 10113 at the close wednesday in new york the narrower losses at disney should please investors who have shifted their focus in the past year from subscriber growth to the staggering cost of building and operating online video platforms streaming losses ballooned under former ceo bob chapek who was ousted in november after the company reported a quarterly loss of nearly 15 billion streaming media giants are racing to break even on their investments in streaming to counter declines in the traditional tv business warner bros discovery inc and paramount global reported significant drops in revenue from tv advertising last week under iger who returned to lead disney in november the burbank californiabased company has overhauled its structure by creating three reporting units entertainment parks and espn which includes the sports network and the espn streaming service the recent cost cutting led to the departure of streaming chief michael paull and most of the product and technology teams that supervised the successful rollout of disney in 2019 disney has appointed goldman sachs group inc to help evaluate whether the company should sell its twothirds stake in the hulu online video platform or exercise an option to acquire comcast corp’s onethird interest next year iger has said disney will scrutinize hulu’s sales and earnings potential before making any decision hulu subscriptions were flat in the quarter

shares of kirkland lake gold ltd kl dropped 078 to c5691 friday in what proved to be an otherwise allaround positive trading session for the canadian market with the sptsx composite index gsptse rising 052 to 2092810 the stocks fall snapped a threeday winning streak kirkland lake gold ltd closed c1049 below its 52week high c6740 which the company reached on october 16th trading volume of 581534 shares remained below its 50day average volume of 991513 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of raymond james financial inc rjf advanced 162 to 10725 thursday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 116 to 380810 and dow jones industrial average djia falling 102 to 3293008 the stocks rise snapped a threeday losing streak raymond james financial inc closed 1875 below its 52week high 12600 which the company reached on november 11th the stock outperformed some of its competitors thursday as bank of new york mellon corp bk fell 048 to 4721 t rowe price group inc trow fell 283 to 10821 and ameriprise financial inc amp fell 132 to 30875 trading volume 11 m remained 296665 below its 50day average volume of 14 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of nrg energy inc nrg slid 190 to 3767 monday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 081 to 458264 and the dow jones industrial average djia rising 030 to 3492188 the stocks fall snapped a twoday winning streak nrg energy inc closed 843 short of its 52week high 4610 which the company achieved on august 26th the stock underperformed when compared to some of its competitors monday as nextera energy inc nee fell 011 to 8562 duke energy corp duk fell 091 to 11179 and southern co so fell 135 to 7312 trading volume 19 m remained 996229 below its 50day average volume of 29 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of activision blizzard inc atvi shed 334 to 7847 tuesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 034 to 452003 and dow jones industrial average djia falling 076 to 3510000 this was the stocks fourth consecutive day of losses activision blizzard inc closed 2606 below its 52week high 10453 which the company reached on february 16th the stock underperformed when compared to some of its competitors tuesday as microsoft corp msft fell 032 to 30018 trading volume 153 m eclipsed its 50day average volume of 74 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

oil futures settled higher on monday with major oil producers known as opec widely expected to stick to their plan to raise monthly crude production by 400000 barrels per day when they meet on tuesday though omicron cases continue to climb in key geographies the absence of widespread lockdown restrictions will likely keep near term oil demand concerns in check analysts at rbc capital markets led by helima croft wrote in a monday note february west texas intermediate crude clg22 rose 87 cents or 12 to settle at 7608 a barrel on the new york mercantile exchange

flutter entertainment fltr the gambling company formerly known as paddy power struck a maiden profit at its us business led by fanduel in the first half of the year highlighting its motivation for a wall street listing the dublinbased ftse 100 ukukx constituent said on wednesday that us adjusted earnings before interest tax depreciation and amortization were £49 million 63 million after a £132 million loss for the same period in 2022 after paddy power merged with betfair in 2016 it bought fanduel in 2018 to exploit the liberalizing us gaming market with fanduel now considered by management as a key growth driver having achieved what it calls a “profitability inflection point flutter is looking to establish a secondary listing in the us late this year or early next and possibly a primary listing at a later date “the fanduel sportsbook in the us is going from strength to strength with revenues of £79 million representing growth of 63” said richard hunter head of markets at interactive investor “the sportsbook market share for the second quarter was 47 with fanduel adding over two million new players during the half an increase of 18…the increasing importance of the us in flutter’s evolution is evidenced by the fact that the region now accounts for 38 of group revenues as compared to 25 for each of the uk and ireland and international divisions” hunter added flutter shares fell about 3 on wednesday as investors were disappointed by the company giving soft guidance on its australian operations and as the sector was rattled by news of a deal between penn entertainment penn and walt disney dis to launch espn bet however kiranjot grewal analyst at bank of america rated the stock a buy with a target of17700 pence £177 arguing that flutter’s global gaming strength is not reflected in the share price and the us listing would act as a catalyst for a rerating in the fourth quarter of 2023 and the first quarter of 2024 elsewhere in europe italy’s ftse mib index iti945 outperformed with a 16 bounce reversing some of the previous session’s losses after rome watered down the banking windfall tax triggering a revival in the sector the rest of the continent was chipper too with london’s ftse 100 adding 08 and frankfurt’s dax 40 dxdax gaining 1 after wall street had managed a midsession rebound on tuesday the euro eurusd and british pound gbpusd were little changed as traders kept their powder dry ahead of us inflation data on thursday

shares of carnival corp ccl shed 143 to 899 wednesday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 165 to 393697 and dow jones industrial average djia falling 163 to 3203011 the stocks fall snapped a twoday winning streak carnival corp closed 1251 below its 52week high 2150 which the company reached on april 5th despite its losses the stock outperformed some of its competitors wednesday as walt disney co dis fell 170 to 9490 and royal caribbean group rcl fell 416 to 6075 trading volume 475 m eclipsed its 50day average volume of 385 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

wednesday marks the last chance for investors to receive the next dividend payout from equitrans midstream etrn the company announced on wednesday that it would pay shareholders a quarterly dividend of 15 cents per share on thursday equitrans midstream will go exdividend meaning the stock will trade lower to reflect that payout in other words the stock will likely open 15 cents lower than it would have opened on any other day in order to be eligible to receive a companys dividend shareholders must own the stock prior to the exdividend date—in this case thursday shareholders who own etrn as of the end of wednesdays session are eligible to receive the 15 cents dividend payout for every share that they own according to the company this dividend will be paid out to shareholders on august 14 2023 investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way to stay uptodate with the companies that are announcing their dividends click here to visit our dividends calendar

shares of block inc sq slipped 638 to 13592 tuesday on what proved to be an allaround poor trading session for the stock market with the nasdaq composite index comp falling 226 to 1420417 and dow jones industrial average djia falling 080 to 3464118 block inc closed 15331 below its 52week high 28923 which the company reached on august 5th the stock underperformed when compared to some of its competitors tuesday as paypal holdings inc pypl fell 345 to 11765 fiserv inc fisv rose 016 to 10334 and global payments inc gpn fell 079 to 13939 trading volume 158 m remained 74 million below its 50day average volume of 231 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of kimberlyclark corp kmb rose 199 to 14034 monday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 320 to 399124 and dow jones industrial average djia falling 199 to 3224570 this was the stocks second consecutive day of gains kimberlyclark corp closed 545 below its 52week high 14579 which the company reached on january 10th the stock outperformed some of its competitors monday as johnson johnson jnj rose 054 to 17733 procter gamble co pg fell 025 to 15561 and estee lauder cos cl a el fell 280 to 23358 trading volume 29 m eclipsed its 50day average volume of 22 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

new york ny accesswire april 13 2022 playstudios inc myps shareholder class action alert bernstein liebhard llp reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit against playstudios inc myps did you lose money on investments in playstudios if so please visit playstudios inc shareholder class action lawsuit or contact peter allocco at 212 9512030 or palloccobernliebcom to discuss your rights new york new york bernstein liebhard llp a nationally acclaimed investor rights law firm reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of playstudios inc playstudios or the company myps between june 22 2021 and march 4 2022 both dates inclusive including but not limited to those who purchased or acquired playstudios securities pursuant to the private investment in public equity offering pipe offering 2 held common stock of acies acquisition corp acies as of may 25 2021 and were eligible to vote at acies june 16 2021 special meeting and exchanged their shares of acies stock for shares of playstudios stock pursuant to the merger of acies and old playstudios a privatelyheld gaming company the merger andor 3 purchased or otherwise acquired playstudios common stock pursuant to or traceable to the acies registration statement and proxy statement issued in connection with the merger the lawsuit was filed in the united states district court for the northern district of california and alleges violations of sections 10b 14 and 20 of the securities exchange act of 1934 and section 11 of the securities act of 1933 on february 1 2021 acies announced that it had reached a merger agreement with old playstudios the merger agreement playstudios represented that the transaction implied an enterprise valuation for playstudios of 11 billion and that the consideration to old playstudios shareholders for the merger would comprise at least 891 million shares of acies common stock worth 10 per share up to 150 million in cash and a 250 million pipe investment of acies common stock defendants allegedly made misleading statements and omissions regarding the true state of playstudios development of its flagship game kingdom boss and about its financial projections and future prospects including in the registration statement and proxy statement in the registration statement and proxy statement playstudios represented that kingdom boss which began development in 2020 will launch as expected in the second half of 2021 however defendants knew that kingdom boss had encountered difficulties in its design and implementation that would cause the launch to be substantially delayed in fact only a few months later it was revealed that kingdom boss would never be launched consequently the 2021 and 2022 projected revenues and profits were inflated and unreliable on august 11 2021 playstudios released its financial results for the second quarter of 2021 ended on june 30 2021 the financial results reported for the quarter were finalized on june 30 2021 just nine days after the merger closed playstudios revealed for the first time on august 11 2021 that the kingdom boss launch was delayed until later in the year and investors should expect decreased revenues and profits during the year as a result on february 26 2022 paystudios ceo andrew pascal attributed the failure to meet the revenue and earnings projections to the failure to launch kingdom boss and revealed that kingdom boss was not only delayed but indefinitely suspended on february 28 2022 a securities analyst published an article entitled getting played by playstudios in that article he wrote i feel lied to or they were disastrously wrong about the prospects for their own company either way its not good on march 3 2022 playstudios filed its 10k which confirmed the extent of costs attributable to kingdom boss failed launch if you wish to serve as lead plaintiff you must move the court no later than a lead plaintiff is a representative party acting on behalf of other class members in directing the litigation your ability to share in any recovery doesnt require that you serve as lead plaintiff if you choose to take no action you may remain an absent class member if you purchased or held myps securities andor would like to discuss your legal rights and options please visit playstudios inc shareholder class action lawsuit or contact peter allocco at 212 9512030 or palloccobernliebcom since 1993 bernstein liebhard llp has recovered over 35 billion for its clients in addition to representing individual investors the firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf as a result of its success litigating hundreds of lawsuits and class actions the firm has been named to the national law journals plaintiffs hot list thirteen times and listed in the legal 500 for ten consecutive years attorney advertising © 2022 bernstein liebhard llp the law firm responsible for this advertisement is bernstein liebhard llp 10 east 40th street new york new york 10016 212 7791414 prior results do not guarantee or predict a similar outcome with respect to any future matter

shares in itaconix plc were up 13 early wednesday after the company said that firstquarter performance is substantially above the yearearlier period and is supportive of current market expectations for the full year the londonlisted plantbased specialtypolymers company said that product volumes in cleaning applications are leading revenue growth and that volumes from existing major north america brands grew the company said it continues to maintain sufficient rawmaterial supplies and production capacity with expected continued growth in european union sales it is accelerating plans to strengthen finishedgoods inventories to ensure delivery times to eu customers it said shares at 0737 gmt were up 065 pence at 555 pence

colombo jan 24 reuters sri lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months the countrys central bank chief p nandalal weerasinghe said on tuesday weerasinghe said good progress has been made in negotiations with the paris club creditor nations and other creditors and while talks with local banks to reduce rates are ongoing restructuring of domestic debt remains an uncertainty reporting by uditha jayasinghe writing by swati bhat editing by sudipto ganguly

chinese and hong kong flags flutter as screens display the hang seng index outside the exchange square complex which houses the hong kong stock exchange hkex on january 21 2021 in hong kong china hong kong markets are set to benefit from the reopening of the chinese economy despite beijings disappointing annual gdp growth rate in 2022 according to hkex chairman laura cha the chinese gdp grew by 3 last year the national bureau of statistics said tuesday slightly surpassing the expectations of a reuters poll but sitting well below the official target of around 55 fourthquarter yearonyear gdp growth was 29 with the exception of the initial onset of the covid19 pandemic tuesdays fullyear figure marked one of chinas weakest gdp prints for almost a half century as the governments strict zerocovid containment measures weighed on activity hong kongs hang seng index led losses in asian stock markets on tuesday following the release but cha told cnbc that the reopening of chinas borders at the very end of 2022 will result in a strong rebound i think china as the border opens up the economy will grow back there is a pent up demand there there is a necessity and as china opens up and the economy continues to grow recovering from the last two or three years hong kong will definitely benefit from that as well cha said on the sidelines of the world economic forum in davos switzerland

shares of ppg industries inc ppg inched 045 higher to 12905 monday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 039 to 394994 and dow jones industrial average djia falling 013 to 3370028 this was the stocks second consecutive day of gains ppg industries inc closed 4827 short of its 52week high 17732 which the company achieved on january 5th the stock outperformed some of its competitors monday as sherwinwilliams co shw fell 032 to 23926 basf se adr basfy fell 223 to 1249 and owens corning oc fell 044 to 8966 trading volume 12 m remained 201210 below its 50day average volume of 14 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of chubb ltd cb sank 084 to 21733 friday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 073 to 393438 and dow jones industrial average djia falling 090 to 3347646 chubb ltd closed 467 below its 52week high 22200 which the company achieved on december 1st trading volume 13 m remained 365787 below its 50day average volume of 17 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of dr horton inc dhi slipped 256 to 8509 tuesday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 204 to 435263 and dow jones industrial average djia falling 163 to 3429999 dr horton inc closed 2180 below its 52week high 10689 which the company achieved on may 10th the stock demonstrated a mixed performance when compared to some of its competitors tuesday as lennar corp cl a len fell 331 to 9621 nvr inc nvr fell 203 to 488596 and pultegroup inc phm fell 238 to 4719 trading volume 28 m eclipsed its 50day average volume of 25 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of allstate corp all slipped 028 to 11793 monday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 030 to 413628 and the dow jones industrial average djia rising 014 to 3334860 this was the stocks second consecutive day of losses allstate corp closed 2422 short of its 52week high 14215 which the company reached on january 10th the stock demonstrated a mixed performance when compared to some of its competitors monday as progressive corp pgr fell 107 to 13200 travelers cos inc trv rose 040 to 18281 and hartford financial services group inc hig rose 099 to 7021 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of alphabet inc cl a googl rallied 263 to 11970 wednesday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 213 to 421024 and the dow jones industrial average djia rising 163 to 3330951 the stocks rise snapped a threeday losing streak alphabet inc cl a closed 3185 short of its 52week high 15155 which the company achieved on february 2nd the stock outperformed some of its competitors wednesday as apple inc aapl rose 262 to 16924 and microsoft corp msft rose 243 to 28916 trading volume 298 m remained 63 million below its 50day average volume of 360 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of dominion energy inc d slumped 001 to 7548 wednesday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 065 to 466057 and the dow jones industrial average djia rising 029 to 3615758 dominion energy inc closed 1147 below its 52week high 8695 which the company achieved on november 9th the stock underperformed when compared to some of its competitors wednesday as duke energy corp duk rose 009 to 10254 exelon corp exc rose 058 to 5405 and sempra sre rose 012 to 12818 trading volume 23 m remained 931642 below its 50day average volume of 32 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

taipei april 18 reuters taiwanese chipmaker tsmc 2330tw is expected to post a 5 fall in firstquarter net profit on thursday with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter taiwan semiconductor manufacturing co ltd tsmc the worlds largest contract chipmaker and a major apple inc aaplo supplier is likely to report net profit for the januarymarch period of t1925 billion 630 billion down from t2027 billion a year earlier according to the average of 21 analysts polled by reuters looking ahead into the second quarter which is typically a slow season tsmcs sales on a quarterly basis will be under pressure from inventory adjustments as major clients cut back on orders said alex huang who manages about t5 billion for capital investment trust corp but momentum may pick up as early as the third quarter he added corresponding with the improved outlooks for that quarter projected by apple nvidia corp nvdao and advanced micro devices inc amdo some of tsmcs biggest customers tsmc asias most valuable listed company has forecast demand will recover in the second half of this year it will provide guidance for the second quarter and update previous forecasts on its earnings call at 0600 gmt on thursday tsmc already reported its first quarter revenue of t50863 billion 1669 billion at the bottom of a january forecast range of 167 billion to 175 billion compared to 1757 billion for the yearago period tsmc said in january its capital spending in 2023 would decrease to between 32 billion and 36 billion from 363 billion in 2022 the companys concentration of production in taiwan at a time of growing military tensions with china which claims the island as its own territory has spooked some investors us billionaire warren buffett last week called tsmc a fabulous company but said it faced risks because of its location buffetts investment conglomerate berkshire hathaway inc brkan bought more than 41 billion of tsmcs shares between july and september 2022 but in february said it had sold 86 of its stake by yearend tsmcs taipeilisted stock has risen by around 16 so far this year outperforming the broader market twii which is up 13 reporting by faith hung and ben blanchard editing by jamie freed

shares of accenture plc cl a acn advanced 124 to 31587 monday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 090 to 451844 and the dow jones industrial average djia rising 116 to 3547313 accenture plc cl a closed 1206 short of its 52week high 32793 which the company reached on june 16th the stock underperformed when compared to some of its competitors monday as international business machines corp ibm rose 134 to 14618 trading volume 15 m remained 11 million below its 50day average volume of 26 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of cdw corp cdw inched 033 higher to 19998 wednesday on what proved to be an allaround mixed trading session for the stock market with the sp 500 index spx rising 014 to 399201 and the dow jones industrial average djia falling 018 to 3279840 cdw corp closed 1502 below its 52week high 21500 which the company reached on february 17th the stock demonstrated a mixed performance when compared to some of its competitors wednesday as amazoncom inc amzn rose 040 to 9392 adobe inc adbe rose 030 to 34584 and accenture plc cl a acn fell 020 to 26366 trading volume 565538 remained 233245 below its 50day average volume of 798783 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of paccar inc pcar inched 093 higher to 8613 monday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 015 to 458896 and the dow jones industrial average djia rising 028 to 3555953 paccar inc closed 392 below its 52week high 9005 which the company reached on july 20th editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

industrial packaging products and services company greif inc said tuesday its board approved increases to class a and class b common stock dividends greif said it was raising the quarterly dividend on class a shares to 50 cents while the new quarterly dividend for class b shares will be 75 cents the new dividends will be payable on oct 1 to shareholders of record at the end of business of sept 16 the company said greif last raised its dividends in august of last year larry hilsheimer chief financial officer said the increased dividend supplements the companys recently announced share repurchase program

shares of pvh corp pvh rose 308 to 6636 monday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 009 to 3283254 and the sp 500 index spx falling 012 to 414006 this was the stocks fourth consecutive day of gains pvh corp closed 5906 short of its 52week high 12542 which the company reached on november 5th the stock outperformed some of its competitors monday as vf corp vfc fell 020 to 4558 ralph lauren corp cl a rl rose 094 to 10116 and hanesbrands inc hbi rose 241 to 1147 trading volume 13 m eclipsed its 50day average volume of 13 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of ross stores inc rost slid 047 to 10369 tuesday on what proved to be an allaround mixed trading session for the stock market with the sp 500 index spx rising 009 to 415487 and the dow jones industrial average djia falling 003 to 3397663 this was the stocks second consecutive day of losses ross stores inc closed 1876 below its 52week high 12245 which the company reached on january 6th the stock underperformed when compared to some of its competitors tuesday as amazoncom inc amzn fell 043 to 10230 target corp tgt fell 018 to 16240 and tjx cos tjx rose 019 to 7776 trading volume 17 m remained 711373 below its 50day average volume of 24 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

torontolisted stocks were firmly lower on tuesday at midday inflation in canada surprised analysts heating up to 44 in april beating analyst expectation of a slighter rise to 42 aprils rise represents the first acceleration since last summer thanks to higher rent prices and mortgageinterest costs canadian financials materials and consumer durables were among the top decliners while tech was the only sector to post any meaningful gains canadas sptsx composite index was down 117 to 2029981 midtrading while the bluechip sptsx 60 fell 112 to 122550 iamgold shares were down 58 at 408 canadian dollars 303 after the miner said it entered into a second lien secured term loan of five years for 400 million to bolster its balance sheet as it builds its cote gold project in northeastern ontario e automotive shares were down 35 at c330 after the automotive digital auction platform said it picked may 24 as its final day as a publicly traded company first capital real estate investment trust on tuesday said it plans to renew its share repurchase program and buy back up to 10 of its trust units over the course of a oneyear period shares slipped 16 lower at c1512

shares of chubb ltd cb rallied 105 to 20302 monday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 090 to 451844 and the dow jones industrial average djia rising 116 to 3547313 chubb ltd closed 2835 below its 52week high 23137 which the company achieved on january 27th trading volume 12 m remained 791038 below its 50day average volume of 20 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

mdxhealth sa shares fell 11 to 829 after the company said friday that palmetto gba has finalized a foundational local coverage determination for molecular biomarkers to riskstratify patients at increased risk for prostate cancer that covers the indication for its selectmdx for prostate cancer test the stock ended fridays session up 23 and hit its 52week low of 676 on may 11 the diagnostics company said friday that the foundational lcd identifies evidence supporting the clinical utility of its selectmdx test and when the lcd becomes effective on july 3 is expected to support coverage of its test for qualified medicare patients throughout the us palmetto gba is a medicare administrative contractor that assesses molecular diagnostic technologies under its moldx program

as the broader market slips shares of chevron and verizon are surging wednesday after warren buffetts berkshire hathaway disclosed new multibillion investments in the recently struggling firms adding fodder to expectations among experts that cyclical stocks–and not booming tech stocks–will lead the market in 2021 shares of verizon are up more than 4 as of 11 am lifting the firms market capitalization up more than 9 billion after a tuesday evening regulatory filing showed that berkshire made the recently underperforming telecom its largest new investment at the end of last year berkshire purchased nearly 147 million verizon shares in the last six months of 2020 a chunk of stock worth more than 86 billion at the end of last year verizon shares are down 2 in the last 12 months shares of oil giant chevron meanwhile are up nearly 3–representing roughly 5 billion in added market value–after the storied conglomerate disclosed the acquisition of about 485 million shares worth nearly 41 billion at the end of last year chevron stock is still down about 13 over the past year while the sp 500 and dow jones industrial average have climbed 16 and 8 respectively berkshires smallest new investment worth about 500 million on december 31 is new york citybased marsh mclennan which is up 14 wednesday translating to about 700 million in market value berkshires new investments highlight a market rotation that has experts eyeing value stocks in sectors hit hard by the pandemic such as energy financials and utilities over surging technology stocks that have led the market to new highs in recent years 931 billion thats how much 90yearold buffett who still runs berkshire as ceo is worth according to forbes about 99 of his fortune is tied up in berkshire stock last year was terrible for cyclical sectors like energy and financials which tend to outperform during periods of economic prosperity and fall hard during recessions but some experts think a turnaround is in store as widespread vaccinations move closer to becoming reality in a recent note to clients bank of america analysts said financials and energy are their top two sectors for 2021 calling them “unapologetically cyclical” and the “new growth stocks morgan stanley reiterated that sentiment tuesday saying the bank continues to recommend a barbell of growth stocks and procyclical areas of the market as the best way to participate in this bull market while protecting against inherent risks buffetts favorite market indicator a simple ratio of the stock markets total value over annual gross domestic product has surged to alltime highs during the pandemic it currently sits at a record 199 one year after the dotcom bubble popped buffett said the unprecedented highs in the metric then around 160 should have served as a strong warning signal if the ratio approaches 200—as it did in 1999 and a part of 2000—you are playing with fire he said 10 stock picks for investors worried about skyhigh tech valuations according to morgan stanley forbes is the stock market about to crash forbes

shares of otis worldwide corp otis slumped 028 to 8530 thursday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 072 to 406122 and dow jones industrial average djia falling 086 to 3312774 this was the stocks second consecutive day of losses otis worldwide corp closed 203 short of its 52week high 8733 which the company reached on march 6th editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of atmos energy corp ato inched 076 higher to 11261 tuesday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 048 to 417548 and the dow jones industrial average djia rising 020 to 3312879 the stocks rise snapped a twoday losing streak atmos energy corp closed 1035 below its 52week high 12296 which the company reached on april 20th the stock underperformed when compared to some of its competitors tuesday as oneok inc oke rose 196 to 6512 centerpoint energy inc cnp rose 106 to 3054 and nisource inc ni rose 080 to 2896 trading volume 915457 remained 225877 below its 50day average volume of 11 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

netflix inc nflx shares are trading higher by 249 to 43452 during tuesdays session the stock may be trading higher in sympathy with the broader market following a softerthanexpected cpi report which showed slowing inflation in may a lower cpi suggests that inflationary pressures on consumer prices are relatively subdued this can enhance consumers purchasing power and affordability making it more feasible for individuals to allocate funds towards streaming services like netflix as the cost of living remains stable consumers may be more willing to subscribe to or retain their netflix memberships in may inflation exhibited a greater deceleration than anticipated leading investors to grow more optimistic about the potential conclusion of federal reserve rate increases according to data released by the bureau of labor statistics on tuesday the us consumer price index cpi recorded a 4 yearonyear increase in may compared to 49 in april this figure slightly undershot the average economist expectation of 41 and represents the lowest inflation reading since march 2021read more according to data from benzinga pro nflx has a 52week high of 43634 and a 52week low of 16428

shares of keysight technologies inc keys inched 032 higher to 16596 monday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 069 to 389989 and the dow jones industrial average djia rising 064 to 3101968 the stocks rise snapped a fourday losing streak keysight technologies inc closed 4312 short of its 52week high 20908 which the company achieved on december 30th the stock underperformed when compared to some of its competitors monday as national instruments corp nati rose 135 to 3988 ametek inc ame rose 133 to 12053 and danaher corp dhr rose 068 to 27894 trading volume 587256 remained 261736 below its 50day average volume of 848992 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of dr horton inc dhi inched 038 higher to 10858 tuesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 116 to 411958 and dow jones industrial average djia falling 108 to 3368453 dr horton inc closed 179 below its 52week high 11037 which the company achieved on april 20th

michigan regulators are no longer pursuing previously announced plans to allow hemp to be synthetically converted to thc the principal psychoactive constituent of the cannabis plant the cannabis regulatory agency cra opted to withdraw the request for rulemaking on friday reported mlive after receiving a significant amount of public comment regarding safety concerns and the lack of scientific and public health data related to the conversion process outlined in the proposed industrial hemp rules the cannabis regulatory agency cra has withdrawn this request for rulemaking the agency announced last week the move comes on the heels of the renaming of the licensing body from the marijuana regulatory agency – by gov gretchen whitmers february 11 executive order and assuming authority over hempderived products the oversight of processing distribution licensing safety compliance and sales of hemp were previously regulated by the department of agriculture and rural development mdard which will retain oversight of hemp farming the draft rules proposed by the mra in january would have allowed hemp growers to sell to cannabis processors who could then convert it to thc for edibles vaping cartridges tinctures or other products already being sold in the licensed marijuana market for now licensed businesses are permitted to extract thc oil from marijuana moreover allowing hemp plants to be converted into oils that produce nearly the same effects could put existing producers out of business said cannabis attorney denise policella who assisted in founding the cannabis business association of michigan which fought against the hemp conversion rules the industrial hemp portion of this was never going to come from michigan policella said michigan cant compete with kentucky and north carolina on hemp theyve got a yearround growing season that we dont have they have 100000acre hemp farms that we dont have in michigan in the meantime the state licensing agency put a hold on thcinfused gummies sold by freddies joint a marijuana shop in clio the news outlet reported policella who also represents sky labs in mount morris which specializes in making edibles and from which the products in question came said that a hold was placed on all of the businesss products worth over 5 million without any explanation on thursday april 14 at 4 pm they received a call from a client and literally all of their product started going on administrative hold the attorney said the cra said its related to an investigation it does not appear to be a public health or safety matter but im speculating because they didnt issue a recall however policella added that the products all seem to originate from the same licensed marijuana grower and includes product thats passed testing and is already distributed to retailers across michigan nevertheless cannabis regulators agency cra spokesman david harns said recently in a phone conversation that he cannot acknowledge or confirm an investigation is underway while troy boquette the general manager of freddies joint store doesnt know why the cannabis products are on hold cras move has theoretically prohibited transfer and sales boquette said that samples of the onhold products are already tested samples for the presence of solvents by licensed safety labs it had to have passed state testing to have made it to us he added while yet another saga over product safety seems to be heating up the historic product recall is still shaking the industry after michigans regulators issued a broad recall of cannabis products tested by viridis laboratories in november a judge affirmed regulators were wrong although they acted within the scope of the law judge thomas cameron ruled that the michigan marijuana regulatory agencys mra recall was arbitrary and without basis and could be equivalent to a substantive due process violation the initial recall included all products tested by viridis laboratories and viridis north between august 10 and november 16 impacting products sold at more than 400 stores across the wolverine state according to the lawsuit filed by viridis the recall resulted in an estimated 229 million disruption in the industry cbs news reported at the time

shares of corteva inc ctva advanced 214 to 4346 tuesday on what proved to be an allaround great trading session for the stock market with the sp 500 index spx rising 105 to 434572 and the dow jones industrial average djia rising 092 to 3431467 corteva inc closed 652 below its 52week high 4998 which the company reached on may 10th the stock outperformed some of its competitors tuesday as linde plc lin rose 108 to 29783 air products chemicals inc apd rose 040 to 25702 and dupont de nemours inc dd rose 113 to 7097 trading volume 27 m remained 308496 below its 50day average volume of 30 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of amgen inc amgn inched 014 higher to 23637 friday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 099 to 458223 and the dow jones industrial average djia rising 050 to 3545929 this was the stocks second consecutive day of gains amgen inc closed 6030 short of its 52week high 29667 which the company reached on november 8th the stock demonstrated a mixed performance when compared to some of its competitors friday as johnson johnson jnj rose 045 to 17448 and pfizer inc pfe fell 036 to 3607 trading volume 19 m remained 843913 below its 50day average volume of 27 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

if you are an indexfund investor you’re probably feeling pretty good right now the sp 500 has returned 121 so far this year with dividends reinvested following its 18 decline in 2022 but this is a techled rally reversing last year’s pain the sp 500 spx is heavily concentrated which is wonderful for indexfund investors when the biggest names rally just as it was brutal when the group tumbled last year this is a perfect time to be reminded that there are other approaches to the stock market according to daniel genter president of genter capital management which manages about 6 billion for institutional and private clients in los angeles “what is attractive now is not to jump on that bandwagon but to look at undervalued companies with high dividends” in an interview he named att inc t as an example pointing out that the stock’s forward pricetoearnings ratio is very low and that its dividend yield of more than 7 is well supported by expected cash flow read more about this below where we screen the sp 500 for stocks meeting similar criteria if we look at the 405 billion spfr sp 500 etf trust spy which tracks the benchmark index the weighting by market capitalization is so concentrated that five companies make up more than 24 of the portfolio the return numbers up and down have been astounding in a may 31 note to clients ed clissold and thanh nguyen of ned davis research wrote that the “overarching theme for the stock market in 2023 is the mean reversion in megacap stocks that underperformed in 2022” they added that the percentage of stocks in the sp 500 outperforming the index was at a record low and that following similar periods of “narrow leadership” performance of the benchmark has been relatively weak this isn’t to say that an investor won’t benefit from continued exposure to the sp 500 but it underscores that a capweighted index of 500 stocks isn’t as diversified as you might have thought it would be according to ndr the percentage of the sp 500 allocated to the largest five companies is the highest in their records going back to 1973 through may 245 of stocks in the sp 500 had outperformed the index according to ndr “if it holds through the end of the year it would be the lowest percent outperforming the index on record” clissold and nguyen wrote and this underscores how exposure to stocks with high dividend yields that appear to be well supported by cash flow might make it easier for investors to ride out the type of market gyration we experienced last year while being paid to wait when discussing att genter said the company’s valuation was attractive in part because of the “dark cloud” over the company from its history of making expensive acquisitions many of which were unwound through spinoffs in 2021 and 2022 including the spinoff of warnermedia to combine it with discovery and form warner bros discovery inc wbd genter said the market wasn’t giving att’s management credit for having learned its lesson and for positioning itself to be a stronger competitor against verizon communications inc vz he also pointed to its low forward pricetoearnings ratio of 63 in comparison the weighted forward pe for the sp 500 is 186 based on consensus estimates among analysts polled by factset “we are also seeing encouraging stickiness when it comes to pricing” he said “some competitors have had to cut prices to maintain share but they have been able to increase some prices” he said att’s high dividend yield was supported by “very high free cash flow” if you buy a stock in part because of a high dividend yield the last thing you want to see is a dividend cut a company’s free cash flow fcf is its remaining cash flow after capital expenditures this is money that can be used to raise dividends or to buy back shares to expand organically or through acquisitions or for other corporate purposes if we divide expected fcf per share by the current share price we have an estimated fcf yield which can be compared with the current dividend yield to see if there is headroom the more headroom the better for this screen we began with the sp 500 and narrowed the list as follows we removed any company for which consensus estimates for free cash flow weren’t available for the following 12 months this includes banks and insurers for which different measures are typically used to gauge dividendpaying ability we excluded realestate investment trusts in this industry other measures such as funds from operations and adjusted ffo are typically used to measure dividendpaying ability we excluded any remaining company for which a forward pricetoearnings ratio wasn’t available that typically means that combined earnings for the following 12 months are expected to be negative these culls left a list of 331 companies we then limited the list to companies with dividend yields of 55 or higher because in the current market you can get a yield in excess of 5 for a 12month certificate of deposit at a bank finally we limited the list to companies with estimated fcf headroom of 1 or more based on consensus fcf estimates for the next 12 months nine companies passed the screen here they are sorted by indicated fcf headroom att leads the list not only with the most expected fcf headroom but with the lowest forward pe click on the tickers for more about each company index or etf click here for tomi kilgore’s detailed guide to the wealth of information available for free on the marketwatch quote page

surf air mobility inc shares were issued a reference price of 20 by the new york stock exchange to guide investors when the stock starts trading thursday in the first significant direct listing in almost two years unlike a traditional initial public offering in which shares are sold at the offer price before trading begins the reference price in a direct listing is merely an estimate of their value providing a price for trading to begin

most european stocks markets drifted into negative territory on tuesday tracking losses for us futures in increasingly cautious trading ahead of this weeks federal reserve interestrate decision futures markets late on monday showed that traders estimate an 82 chance the fed will raise interest rates by 075 percentage point and a 18 chance the central bank will lift rates by a full percentage point more rate rises are coming over the next few days wrote michael hewson of cmc markets uk the main factor spooking markets right now is how much higher will rates have to go and will there be any more profit warnings of the kind we got from fedex last week shares of bavarian nordic jumped as the danish drugmaker announced new contracts worth up to 434 million with canada to supply doses of its imvamune smallpox vaccine european car makers are facing challenges in 2023 that are weighing on their valuations and their share prices probably will continue to fall until investors have more clarity on the energy crisis in europe company expectations and plans for next year bernstein said while car demand will be squeezed by inflation and energy worries and the car makers positive pricing cycle should end next year profits could still be shielded at least in the first half thanks to the car backlog bernstein said while we expect tactical news flow plus energy worries in europe to continue to weigh on autos stocks we are approaching an interesting entry point in european autos stock futures were slipping handing back earlier gains while treasury yields notched fresh multiyear highs in anticipation of tighter fed policy ford shares dropped 45 in premarket trading after the company issued a profit warning for its thirdquarter results it said vehicle parts supply shortages would weigh on earnings as it expects inflationary pressures to add about 1 billion to previously expected supplier costs the dollar recently down 02 should remain very strong this week ahead of an expected 75bp rate hike from the fed with ing seeing no reason for the central bank to soften its postjackson hole hawkishness central banks in the uk switzerland and norway are expected to raise rates this week and tighter monetary policy around the world will also increase the headwinds for risk assets and increase haven demand for the dollar ing added the swedish krona briefly rose after the riksbank raised its key policy rate by a largerthanexpected 100 basis points to 175 and said it would need to act more than previously expected to curb inflation swedens central bank now expects the rate to be raised to around 19 by the fourth quarter of 2022 compared to its previous forecast of about 14 and sees it reaching about 25 by the third quarter of 2023 up from 19 previously however riksbank said market expectations according to forward contracts see rates reaching 25 by yearend read more reactions to the surprise 1 rate rise here sterling is unlikely to benefit from looser fiscal policy and tighter monetary policy in the uk ing said the bank of england is likely to raise interest rates by a further 50 basis points on thursday while the uks treasury chief should provide details of an energy support package and tax cuts on friday normally loose fiscal and tight monetary policy would support sterling ing said however it seems that foreign investors are concerned as to how government support will be financedwith the fear that this will largely come through an additional supply of uk gilts investors sold off swedish government bonds at an accelerating pace after the riksbank rate hike however the rise in bond yields was in line with the yield moves of other european bond according to tradeweb data the riksbank the first of a series of major central banks that are expected to raise interest rates this week in order to fight inflation bond markets remain under pressure as terminal rate expectations test new highs commerzbank said which has pushed 10year bund yields higher eroding the 180 resistance level crude futures edged higher as a slight weakening in the dollar outweighed demand concerns ahead of whats expected to be another aggressive interestrate increase from the fed bnp paribas said the fed is likely to have a big impact on risk assets like oil while also potentially presenting a driver for the dollar indirectly influencing oil prices base metals ticked higher after china eased lockdown measures in the megacity of chengdu over the weekend allowing millions of people to return to normal activities hong kong officials also agreed to end mandatory quarantines for arrivals according to the south china morning post lockdowns in china have threatened to slow chinas economy and undermine demand for raw materials like metals weighing on prices riksbank lifts policy rate to 175 from 075 as inflation continues to surge swedens central bank on tuesday lifted its key policy rate to 175 from 075 raised its rate path and signalled an end to asset purchases at the end of the year as it fights a continued surge in inflation economists polled by the wall street journal before the decision had all expected a 75 basis points hike to 150 germanys producer prices rose strongly in august from a year earlier driven by higher energy prices posting the biggest increase ever recorded the german statistics office destatis said producer prices rose 458 on year last month destatis said tuesday this followed a 372 increase in july and a 327 rise in june haleon plc on tuesday reported an increase in pretax profit for the first half of 2022 driven by a robust brand performance and said that it isnt a party to any claims related to the heartburn drug zantac the consumerhealthcare business which was spun out of gsk plc and is partly owned by pfizer inc reported pretax profit of 864 million pounds 988 million for the six months compared with gbp737 million for the same period a year ago tui says flight disruption costs improved in 4q but still high backs guidance tui ag said tuesday that although flightdisruption costs remained high they had continued to improve through the fourth quarter of fiscal 2022 and backed its guidance the londonlisted german travel operator said that its average selling price or asp was 18 higher than the level seen in summer 2019 and that this will help soften the effect of the current high inflationary environment the company said this was a reflection of a higher mix of package products and the popularity of its summer holidays kingfisher plc on tuesday reported a significant decline in pretax profit for the first half of fiscal 2023 and said sales fell amid inflationary pressures which are expected to persist in the second half the homeimprovement retailer posted a pretax profit for the six months ended july 31 of 474 million pounds 542 million compared with gbp677 million a year earlier analysts polled by factset had forecast a pretax profit of gbp4750 million henkel ag co kgaa on tuesday raised its sales guidance for the current year thanks to the performance at its adhesivetechnologies unit the german consumergoods company is targeting organic sales growth on a group level of 55 to 75 in 2022 compared with a previous outlook of 45 to 65 it also raised this years organic sales target for the adhesivetechnologies unit to 100120 from 80100 as the business continued to show a strong sales performance in the third quarter telenor asa on tuesday cautioned that the energy price development over the last couple of months makes it increasingly difficult to reach its guidance for flat earnings before interest tax depreciation and amortisation in 2022 the norwegian telecommunications provider also presented new midterm financial targets it said that between 2023 and 2025 it is targeting low to midsingle digit growth in nordic service revenues midsingle digit growth in nordic ebitda and yearonyear growth in dividend per share a lack of global collaboration in rolling out sustainable technologies is hampering efforts to meet key targets set at last years cop26 climate conference according to an independent report commissioned by nations that attended the landmark conference hailed as a critical turning point in tackling climate change chinas central bank on tuesday kept its benchmark lending rates unchanged in line with market expectations as beijing held off on monetary easing to avoid increasing downside pressure on its currency the peoples bank of china said it held the oneyear loan prime rate steady at 365 and the fiveyear rate at 430 according to a statement published on its website bond yields are trading at their highest levels in more than a decade that poses yet another threat to a stock market that has struggled to find its footing this year protests spread across iran over womans death in police detention

shares of nordstrom inc jwn slipped 803 to 2189 tuesday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 042 to 412247 and dow jones industrial average djia falling 018 to 3277441 nordstrom inc closed 1659 below its 52week high 3848 which the company achieved on august 12th the stock underperformed when compared to some of its competitors tuesday as tjx cos tjx fell 154 to 6270 ross stores inc rost fell 100 to 8446 and kohls corp kss fell 566 to 2968 trading volume 67 m eclipsed its 50day average volume of 48 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of virgin galactic holdings inc spce inched 025 higher to 409 tuesday on what proved to be an allaround dismal trading session for the stock market with the nasdaq composite index comp falling 063 to 1217955 and dow jones industrial average djia falling 017 to 3356181 this was the stocks fourth consecutive day of gains

shares of vornado realty trust vno shed 370 to 2265 wednesday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 070 to 446771 and dow jones industrial average djia falling 054 to 3512336 this was the stocks second consecutive day of losses vornado realty trust closed 825 below its 52week high 3090 which the company reached on august 12th the stock demonstrated a mixed performance when compared to some of its competitors wednesday as jbg smith properties jbgs fell 849 to 1541 broadstone net lease inc bnl rose 018 to 1654 and essential properties realty trust inc eprt fell 021 to 2403 trading volume 23 m remained 15 million below its 50day average volume of 38 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of dow inc dow rose 181 to 5111 monday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 143 to 399056 and the dow jones industrial average djia rising 158 to 3400504 the stocks rise snapped a fiveday losing streak dow inc closed 2075 short of its 52week high 7186 which the company reached on april 21st the stock outperformed some of its competitors monday as linde plc lin rose 116 to 33605 and air products chemicals inc apd rose 162 to 31951 trading volume 52 m remained 525032 below its 50day average volume of 57 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of vf corp vfc inched 096 higher to 2842 tuesday on what proved to be an allaround favorable trading session for the stock market with the sp 500 index spx rising 073 to 401965 and the dow jones industrial average djia rising 030 to 3410864 the stocks rise snapped a sevenday losing streak vf corp closed 4819 below its 52week high 7661 which the company achieved on january 5th the stock outperformed some of its competitors tuesday as nike inc cl b nke rose 070 to 11285 trading volume 114 m eclipsed its 50day average volume of 69 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of cf industries holdings inc cf rose 228 to 5609 monday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 021 to 3486937 and the sp 500 index spx falling 028 to 444311 this was the stocks fifth consecutive day of gains cf industries holdings inc closed 110 below its 52week high 5719 which the company achieved on may 18th the stock outperformed some of its competitors monday as yara international asa adr yariy rose 133 to 2531 scotts miraclegro co smg rose 180 to 14746 and sociedad quimica y minera de chile sa adr sqm fell 305 to 5363 trading volume 42 m eclipsed its 50day average volume of 23 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of ch robinson worldwide inc chrw slid 100 to 10147 wednesday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 171 to 378993 and dow jones industrial average djia falling 170 to 3018378 this was the stocks second consecutive day of losses ch robinson worldwide inc closed 1976 below its 52week high 12123 which the company achieved on august 25th despite its losses the stock outperformed some of its competitors wednesday as united parcel service inc cl b ups fell 105 to 17383 fedex corp fdx fell 264 to 15325 and expeditors international of washington inc expd fell 109 to 8902true trading volume 14 m eclipsed its 50day average volume of 13 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of indonesia energy corp were trading lower in wednesdays late market after the company filed for a potential sale of almost 9 million shares by a selling shareholder indonesia energy said l1 capital could potentially sell from time to time up to an aggregate of 8333334 of the companys ordinary shares the company also said it wouldnt sell any securities under the prospectus and would receive no proceeds from the sale of shares at 550 pm est shares of indonesia energy were trading 779 lower at 3103 a share the stock finished the days regular session with an 855 gain at 3365 indonesia energy is an oilandgas exploration and production company focused on indonesia

shares of burberry group plc brby advanced 213 to £2206 friday on what proved to be an allaround great trading session for the stock market with the ftse 100 index ukx rising 047 to 756437 burberry group plc closed £450 below its 52week high £2656 which the company achieved on april 25 trading volume 703724 remained 747091 below its 50day average volume of 15 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of pvh corp pvh slid 140 to 6700 monday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 008 to 3222342 and the sp 500 index spx falling 039 to 400801 the stocks fall snapped a twoday winning streak pvh corp closed 5842 short of its 52week high 12542 which the company reached on november 5th the stock demonstrated a mixed performance when compared to some of its competitors monday as vf corp vfc fell 130 to 4697 ralph lauren corp cl a rl fell 163 to 9830 and hanesbrands inc hbi fell 283 to 1269 trading volume 12 m remained 722400 below its 50day average volume of 19 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

american express co posted higher revenue in the third quarter as cardmember spending held up driven by a surge in travel spending despite macroeconomic concerns the new york citybased creditcard company logged net income of 188 billion or 247 a share up from 183 billion or 227 a share a year earlier analysts polled by factset had forecast earnings of 240 a share revenue net of interest expense rose 24 to 1356 billion driven by increased member spending analysts surveyed by factset had been expecting revenue of 1352 billion the company saw card members spend more on both goods and services as well as travel and entertainment chief executive stephen squeri said travel and entertainment spending surged 57 from a year earlier when adjusted for currency fluctuations mr squeri said the demand for travel has exceeded our expectations throughout the year he said in american expresss international markets travel and entertainment spending volumes surpassed prepandemic levels for the first time in the quarter stripping out the effects of currency fluctuations mr squeri said at the same time the company provisioned more for credit losses citing a growth in card member loans and a murkier macroeconomic forecast american express provisioned 778 million for credit losses in the recently ended quarter compared with a benefit of 191 million a year ago write to will feuer at willfeuerwsjcom

shares of inovio pharmaceuticals inc ino slid 457 to 188 friday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 003 to 3126190 and the nasdaq composite index comp falling 030 to 1135462 inovio pharmaceuticals inc closed 845 below its 52week high 1033 which the company achieved on june 9th the stock underperformed when compared to some of its competitors friday as abbvie inc abbv fell 047 to 15101 amgen inc amgn rose 112 to 24750 and astrazeneca plc adr azn rose 259 to 6621 trading volume 74 m eclipsed its 50day average volume of 58 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

no matter where you live auto insurance rates can vary widely from one company to another to help you find the cheapest car insurance in charlotte north carolina we at the home media reviews team will examine rates from the most popular auto insurance companies and break down the factors that affect coverage prices when you’re ready to shop for a policy we suggest comparing free quotes from several of the best car insurance companies according to our cost estimates nationwide erie insurance and geico offer car insurance policies with consistently low rates in charlotte in this article we’ll dig deeper into the cheapest rates for minimum liability insurance and full coverage in the queen city so you know what to expect the cheapest minimum liability insurance in charlotte comes from nationwide which offers coverage for just 31 per month or 369 per year erie insurance and north carolina farm bureau also offer minimum coverage for less than 500 per year minimum liability coverage in north carolina requires 30000 bodily injury liability coverage per person 60000 total bodily injury coverage per accident and 25000 for property damage liability nationwide offers the cheapest full coverage car insurance in charlotte at just 92 per month or 1104 per year erie insurance is a close second with full coverage for 95 per month or 1143 per year a full coverage car insurance policy includes collision and comprehensive coverage collision coverage protects your car in accidents you cause and comprehensive coverage helps pay for damage related to theft vandalism and natural disasters as with any other city car insurance quotes in charlotte vary depending on a variety of factors age marital status driving history and credit score all play major roles in setting the price of auto coverage teen drivers and other young motorists have higher rates of accidents and serious driving offenses so they pay higher insurance rates on average married drivers on the other hand typically pay lower car insurance premiums according to our cost data geico and erie insurance offer the cheapest coverage in charlotte for single 24yearold drivers nationwide offers the lowest car insurance rates for married 35yearold motorists in charlotte car insurance rates go up with the addition of a speeding ticket or atfault accident to a driver’s record especially with repeated violations insurance companies view drivers with blemished records as significant risks for charlotte drivers with a speeding violation of 1620 miles per hour over the limit nationwide offers the cheapest car insurance at 145 per month or 1452 per year according to our cost estimates charlotte motorists pay an average rate of 137 per month or 1638 per year for auto insurance charlotte drivers pay less than the national average for full coverage car insurance which is 144 per month or 1730 per year car insurance prices in charlotte what affects them a few key factors determine how much you pay for car insurance including you can get the best rates on north carolina car insurance by maintaining a clean driving record and good credit choosing a plan with lower coverage limits and a higher deductible can also lead to lower monthly payments

shares of catalyst pharmaceuticals inc cprx advanced 204 to 1552 friday on what proved to be an allaround mixed trading session for the stock market with the dow jones industrial average djia rising 039 to 3382669 and the nasdaq composite index comp falling 058 to 1178727 the stocks rise snapped a threeday losing streak catalyst pharmaceuticals inc closed 659 below its 52week high 2211 which the company reached on january 13th the stock demonstrated a mixed performance when compared to some of its competitors friday as johnson johnson jnj rose 209 to 16039 pfizer inc pfe rose 061 to 4321 and abbott laboratories abt rose 062 to 10674 trading volume 23 m remained 288028 below its 50day average volume of 26 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

dec 15 reuters the following spanish stocks may be affected by newspaper reports and other factors on wednesday reuters has not verified the newspaper reports and cannot vouch for their accuracy the worlds biggest fashion retailer inditex itxmc cemented its recovery to prepandemic levels on wednesday posting a net profit of 25 billion euros 282 billion in the first nine months of its fiscal year 273 more than in the same period a year ago as shoppers massively returned to their former habits read more sapa placencia holding entered into share purchase agreement with alba to acquire about 5 of indras share capital for 908 million euros for the purpose of financing the acquisition it also entered into derivatives agreement with deutsche bank ag frankfurt that proceeded to the sale of about 445 of indras share capital in accelerated bookbuilding process in a separate statement it was announced that deutsche bank closed placement of about 45 stake in indra for about 78 million euros international airlines group and globalia said on wednesday that discussions are at advanced stage to cancel the acquisition of air europa morgan stanley raised its target price to 430 euros from 360 euros for realtime moves on the spanish bluechip index ibex please double click on ibex for ibex constituent stocks highlight ibex in the command box and press the f3 button on your keyboard for latest eurostocks report please double click on

shares of eastman chemical co emn slipped 109 to 8403 monday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 024 to 440953 and the dow jones industrial average djia rising 062 to 3394440 eastman chemical co closed 1815 short of its 52week high 10218 which the company achieved on august 16th the stock underperformed when compared to some of its competitors monday as exxon mobil corp xom rose 148 to 10469 trading volume 734417 remained 208710 below its 50day average volume of 943127 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of steris plc ste shed 157 to 21439 tuesday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 034 to 452003 and dow jones industrial average djia falling 076 to 3510000 this was the stocks second consecutive day of losses steris plc closed 1161 below its 52week high 22600 which the company achieved on august 17th the stock underperformed when compared to some of its competitors tuesday as thermo fisher scientific inc tmo rose 019 to 56917 medtronic plc mdt fell 004 to 13457 and danaher corp dhr fell 073 to 33000 trading volume 445918 eclipsed its 50day average volume of 423435 editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

bidstack group plc said monday that its firsthalf revenue rose though its pretax loss widened marginally on increased cost of sales and administrative expenses the ingame advertising group said firsthalf pretax loss widened 16 to 37 million pounds 45 million as administrative expenses increased 15 to gbp45 million and the cost of sales morethandoubled to gbp12 million however revenue rose to gbp20 million from gbp820000 a year prior while its gross margin improved to 399 from 345 the company said revenue from the azerion mediasales partnership is expected to increase in the second half and it has a robust pipeline for further product launches and enterprise software sales bidstack said it expects fullyear revenue inline with market expectations but didnt provide a figure however a forecast of two analysts from factset expects revenue to rise to gbp89 million from gbp26 million we are all very aware of the uncertainty caused by the challenging global economic climate however we remain confident that the video game sector will remain strong and that demand for monetization through advertisingspend will continue to increase from game developers and publishers chief executive james draper said

shares of whirlpool corp whr rallied 201 to 16075 tuesday on what proved to be an allaround mixed trading session for the stock market with the sp 500 index spx rising 016 to 383139 and the dow jones industrial average djia falling 042 to 3096782 this was the stocks second consecutive day of gains whirlpool corp closed 8469 below its 52week high 24544 which the company reached on january 5th the stock outperformed some of its competitors tuesday as general electric co ge fell 238 to 6203 trading volume 878914 remained 279660 below its 50day average volume of 12 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of lkq corp lkq dropped 056 to 5115 wednesday on what proved to be an allaround poor trading session for the stock market with the sp 500 index spx falling 067 to 369516 and dow jones industrial average djia falling 033 to 3042381 the stocks fall snapped a twoday winning streak lkq corp closed 928 short of its 52week high 6043 which the company achieved on january 3rd despite its losses the stock outperformed some of its competitors wednesday as oreilly automotive inc orly fell 059 to 73772 copart inc cprt fell 141 to 11095 and genuine parts co gpc fell 103 to 15897true trading volume 953620 remained 432010 below its 50day average volume of 14 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

although gold futures traded lower this morning on thursday there were a few notable insider trades when insiders sell shares it indicates their concern in the company’s prospects or that they view the stock as being overpriced either way this signals an opportunity to go short on the stock insider sales should not be taken as the only indicator for making an investment or trading decision at best it can lend conviction to a selling decision below is a look at a few recent notable insider sales for more check out benzingas insider transactions platform the trade kellogg company nyse k 10 owner kellogg w k foundation sold a total of 146153 shares at an average price of 6840 the insider received around 10 million from selling those shares what’s happening morgan stanley recently maintained kellogg with an equalweight and lowered the price target from 67 to 65 what kellogg does founded in 1906 kellogg is a leading global manufacturer and marketer of cereal cookies crackers and other packaged foods the trade accenture plc nyse acn chair and ceo julie spellman sweet sold a total of 3287 shares at an average price of 31522 the insider received around 104 million from selling those shares what accenture does accenture is a leading global itservices firm that provides consulting strategy and technology and operational services also check this 3 stocks under 2 insiders are aggressively buying the trade bjs wholesale club holdings inc nyse bj president and ceo robert eddy sold a total of 45000 shares at an average price of 6685 the insider received around 301 million as a result of the transaction what’s happening bjs wholesale club recently announced the chainwide rollout of sameday select a membership addon to its popular sameday delivery service what bjs wholesale club does bjs wholesale club holdings inc is a warehouse club and gas station operator have a look at our premarket coverage here the trade alphabet inc nasdaq goog director larry page sold a total of 13789 shares at an average price of 255350 the insider received around 3521 million from selling those shares what’s happening citigroup recently upgraded alphabet from neutral to buy and raised the price target from 2965 to 3500 what alphabet does alphabet inc is a holding company with google the internet media giant as a wholly owned subsidiary google generates 99 of alphabet revenue of which more than 85 is from online ads the trade snap inc nyse snap chief business officer jeremi gorman sold a total of 42239 shares at an average price of 3228 the insider received around 136 million from selling those shares what’s happening citigroup upgraded snap from neutral to buy and raised the price target from 41 to 50 what snap does snap which refers to itself as a camera company has one of the most popular social networking apps snapchat in developed regions such as north america and europe

industrial conglomerate honeywell international reported firstquarter numbers that beat wall street estimates fullyear earnings guidance also was raised and the stock moved higher honeywell ticker hon reported adjusted earnings per share of 191 from 85 billion in sales analysts were looking for eps of 186 from 83 billion in sales a year ago in the first quarter of 2021 honeywell reported eps of 192 from 85 billion in sales

rwandas economic growth is forecast to slow to 6 this year from 109 the prior year the international monetary fund said thursday meanwhile headline inflation is projected to rise sharply to 95 this year from 08 the prior year the imf said despite a strong economic rebound in 2021 the covid19 pandemic has left rwanda with high unemployment and rising poverty exacerbated by the spillovers from the war in ukraine which through higher commodity prices and additional inflationary pressures are raising social needs and food security concerns putting pressure on fiscal balances and limiting the policy space to support an inclusive recovery bo li the imfs deputy managing director and acting chair said in a statement the fiscal deficit for the financial year june 2022 through july 2023 is projected at 69 of gross domestic product and envisages fuel fertilizer and public transport subsidies and social protection interventions to mitigate the impact of rising food and fuel prices the imf said authorities should focus on increasing the coverage and benefits of existing social protection programs in a targeted manner and phase out fuel subsidies as planned mr li said

shares of paychex inc payx inched 059 higher to 12161 tuesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 041 to 390819 and dow jones industrial average djia falling 055 to 3114530 paychex inc closed 2031 below its 52week high 14192 which the company achieved on april 6th the stock outperformed some of its competitors tuesday as intuit inc intu fell 031 to 41876 automatic data processing inc adp fell 014 to 23814 and equifax inc efx fell 006 to 18738 trading volume 14 m remained 233551 below its 50day average volume of 16 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

the new 15 corporate minimum tax would impact nearly 80 companies with berkshire hathaway inc nyse brkanyse brkb and amazoncom inc amzn paying up the most according to a study conducted by the university of north carolina tax center as reported by cnbc estimated payout the study estimated that approximately 78 firms would have been subject to the tax which would have raised approximately 318 billion had the minimum tax applied to 2021 the estimated payout by berkshire would have been over 83 billion while that of amazoncom inc stood at over 27 billion the study said also read biden inflation bill isnt all alternative energy 20b goes to farms heres why in august president joe biden signed the minimum book tax into law along with the rest of the inflation reduction act the tax is meant to target companies earning over 1 billion per year other companies the study estimated that the next highest taxes would be paid by ford motor company f att inc t and ebay inc ebay with each company owing more than 12 billion in 2021 the joint committee on taxation had earlier estimated that the minimum corporate tax law would affect around 150 firms with the costs falling specifically on the manufacturing industry the cnbc report said the jct also estimated 34 billion in revenue in the first year of the tax slightly higher than the theoretical 2021 revenue estimated at unc it said

us consumers continue to face the highest prices in decades for gasoline and other products but if they’re in a state that allows sales of cannabis at least they’re paying less for legal weed amid price rivalries not only between legal cannabis companies but also against sales from the illicit market the cost of wholesale pot has plunged and supply has climbed the evidence is clear in the country’s largest legal cannabis market california which notched a whopping 1 billion in sales in the past year california has seen cannabis prices as low as 100 a pound a fraction of the average cost of 786 for an untrimmed dried pound in the state according to a report released tuesday by leafly as farmers in california increased pot production by 63 metric tons the value of the state’s weed harvest has dropped in the face of price competition “consumers are seeing unheardofbargains in 2022 with 20 retail eighths of an ounce now the norm” leafy said in its cannabis harvest report currently 19 states and the district of colombia allow sales of cannabis to adults and initiatives are on the ballot in five more states also read cannabis legalization goes up for a vote nov 8 in five states with a combined adult population of 13 million while cheaper prices make cannabis more affordable for consumers they’re not considered good news for cannabis operators one of the largest us cannabis companies green thumb industries inc gtbif earlier this week reported lower price compression its thirdquarter results citing industry data from bdsa analytics green thumb ceo ben kovler said us cannabis sales are up 3 while unit sales have risen 22 that pricing dynamic “shows you the the price deflation” in cannabis kovler told marketwatch “price deflation at a time with massive inflation it makes it hard to operate when costs go up” kovler said also read sean combs seeks to boost minority representation in cannabis with 185 million deal to soften the impact of lower prices green thumb focuses on the more lucrative premium end of the market it has also worked to increase wholesale production efficiency and has taken an aggressive approach on procurement and goods purchases the efforts helped the company generate gross margins slightly above its internal 50 target in its thirdquarter results even as it continues to face inflationary pressure on packaging and labor as legal cannabis companies compete for market share while absorbing a range of costs including regulatory compliance efforts and taxes sellers on the illicit market who pay none of those costs continue to undercut them the us cannabis council an industry advocacy group this week launched a buy legal campaign with backing from cannabis businesses some of them minorityowned to encourage adult cannabis consumers to purchase only from statelicensed businesses the effort has drawn support from new jersey gov phil murphy as well as nba veteran and cannabis entrepreneur al harrington who is ceo of viola “now more than ever it’s imperative to educate consumers on the importance of buying regulated safe products” harrington said in a statement the buy legal effort was unveiled just ahead of the black cannabiz expo in new orleans which held a panel on the topic with anacostia organics owner and ceo linda mercado greene as well as josephine billies ceo whitney beatty and keya kellum director of marketing and procurement at harvest of ohio all told legal us cannabis farmers grew 2834 metric tons of cannabis according to the leafly cannabis harvest report 2022 the wholesale value of the market was about 5 billion that figure makes cannabis the sixthlargest cash crop in the country after corn soybeans hay wheat and cotton after california the states that generate the most dollars from legal wholesale cannabis are colorado 687 million michigan 551 million and oregon 500 million according to the leafly study the 15 us states that currently allow adultuse cannabis stores contain 13297 active legal cannabis farms with tens of thousands of fulltime workers the study said “the story in 2022 is all about rising production and falling prices” the leafly study said “as the legal harvest continued to ramp up in legal states the average price of cannabis fell over the past twelve months” also read cannabis edibles company wyld builds national footprint as it keeps hiring

shares of general electric co ge slid 155 to 8976 wednesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 070 to 389193 and dow jones industrial average djia falling 087 to 3187457 general electric co closed 518 below its 52week high 9494 which the company achieved on march 9th despite its losses the stock outperformed some of its competitors wednesday as honeywell international inc hon fell 251 to 18812 trading volume 118 m eclipsed its 50day average volume of 83 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of vf corp vfc slipped 212 to 3502 monday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 103 to 365504 and dow jones industrial average djia falling 111 to 2926081 this was the stocks fifth consecutive day of losses vf corp closed 4389 below its 52week high 7891 which the company reached on november 16th the stock underperformed when compared to some of its competitors monday as nike inc cl b nke fell 099 to 9606 burberry group plc adr burby fell 070 to 1771 and ralph lauren corp cl a rl fell 172 to 8396 trading volume 45 m eclipsed its 50day average volume of 32 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use

shares of centerpoint energy inc cnp inched 083 higher to 3020 thursday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 072 to 406122 and dow jones industrial average djia falling 086 to 3312774 centerpoint energy inc closed 330 short of its 52week high 3350 which the company achieved on september 23rd the stock outperformed some of its competitors thursday as duke energy corp duk rose 080 to 9811 exelon corp exc rose 054 to 4256 and sempra sre rose 057 to 15349 trading volume 32 m remained 582582 below its 50day average volume of 38 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use