10 Top U.S. Companies Worth Investing In Today
The US market looks expensive, so investors may be wondering which stocks to buy now against this backdrop. Regardless of where the markets are headed, investors may want to own companies that offer some sense of certainty in terms of cash flows and company fundamentals. That’s where Morningstar’s Best Companies to Own list comes in. […]
Royal Bank of Canada Reports Impressive Earnings Finish for…
Key Morningstar Metrics for Royal Bank of Canada Royal Bank of Canada RY reported decent fiscal fourth-quarter earnings, delivering strong growth in net interest income, wealth management, and capital markets. Net revenue increased 19% from C$15.1 billion a year ago, and 3% from a quarter ago. Adjusted earnings of C$4.4 billion were up 18% year […]
From Ammunition to Energy: The Importance of Antimony in National Security
From Bullets to Batteries: Antimony’s Role in National Security From Ammunition to Energy: Antimony’s Crucial Position in National Security China’s stronghold over rare earth metals casts a long shadow over the global supply chain, particularly impacting nations heavily reliant on these critical materials. Among these, antimony—a lesser-known but vital metal—plays an essential role in the […]
Gold Price Rises Amid Political Turmoil and U.S. Employment Data
Gold moved little on Tuesday after South Korean President Yoon Suk Yeol made a surprise declaration of martial law, before rescinding the decree just hours later. Opposition parties have since submitted a motion calling for his impeachment. In France, President Emmanuel Macron called on lawmakers to reject a vote that would topple the government, sending […]
Salesforce Earnings: Shares Considered Overvalued Following…
We raise our fair value estimate for wide-moat Salesforce CRM to $315 per share from $290 after its third-quarter results, while fourth-quarter guidance was slightly shy of our expectations. Still, third-quarter strength more than makes up for the modest guidance differential. Management is very enthusiastic about Agentforce, which we think represents a good long-term opportunity […]
Indonesia Signs Contract for Central Andaman Block
Indonesia inks Central Andaman block contract Indonesia’s Ministry of Energy has confirmed the signing of a contract with units of Harbour Energy and Mubadala Energy for the development of the Central Andaman oil and gas block, reported Reuters. This marks the first utilisation of a new gross split scheme, simplifying the contracting process for energy […]
Bank of Nova Scotia Earnings: Solid Performance, Yet…
Key Morningstar Metrics for Scotiabank Bank of Nova Scotia BNS reported fiscal fourth-quarter results that were a bit weaker than we expected, mostly due to higher expenses, but not by enough to change our view. Net revenue increased 3% from last year to C$8.5 billion. Adjusted diluted earnings per share increased 28% to C$ 1.57, […]
November Jobs Report Could Unlock Insights for the Bank…
With the Canadian economy showing signs of slowing more than expected, all eyes are on the November jobs report, due Friday, for clues about the size of the Bank of Canada’s next interest rate cut. After a weak third-quarter GDP report, economists believe the jobs report could tip the scales between a moderate and aggressive […]
Financial Concerns Cloud Racing Industry Amid Ongoing Search for BHA CEO | The Levy
Finance fears overshadow racing as BHA’s chief executive search goes on | The Levy Brant Dunshea, the British Horseracing Authority’s chief regulatory officer, will take over as the Authority’s “acting” chief executive from 1 January as the search for a permanent replacement for Julie Harrington, the CEO since January 2021, continues, the sport’s governing body […]
Northern Star Achieves Global Gold Major Status through Hemi Acquisition
On Monday, Northern Star announced the friendly scrip takeover of De Grey, owner of the large undeveloped Hemi gold project in Western Australia’s Pilbara region. Managing director Stuart Tonkin said it was rare to be able to present such a compelling transaction. “It cements Northern Star’s position as a global gold leader,” he noted. “The […]