Author: News Room
European stocks advanced at the opening on Tuesday, as investors took heart from a late rally on Wall Street and looked towards the possibility of more interest rate increases from the European Central Bank and US Federal Reserve.The region-wide Stoxx 600 rose 0.5 per cent, while Germany’s Dax and France’s Cac 40 were up 0.5 per cent and 0.7 per cent respectively. London’s FTSE 100 climbed 0.4 per cent. Markets had been closed since Friday for the Easter holiday.US markets recovered strongly on Monday afternoon from a weak start to the day’s trading, with the S&P 500 closing up 0.1…
Stella-Jones (OTCPK:STLJF) is a North American infrastructure company that flies under the radar. The company has increased sales 22 years in a row, and trades at a very reasonable valuation due to its small size and relatively unknown Canadian listing. Since the main listing trades only on the Toronto Stock Exchange it may be missed by most US investors, providing an opportunity. The company specializes in utility poles, railroad ties, industrial infrastructure and residential lumber – 3 slow growth areas that don’t excite investors. However, these infrastructure areas are essential long term and require consistent upkeep allowing for a steady…
What are Americans prioritizing when it comes to their well-being? According to John Burns Research & Consulting’s January 2023 Healthy Homes survey, the three most important non-financial health and wellness factors for households earning $50,000 or more are mental wellbeing (60%), healthy diet (48%) and physical fitness (47%). “Expect health to impact home selection more often,” the report predicted, citing young consumers prioritizing health impacts more than other groups, but older adults closing the gap. Nearly all (95%) respondents said they now believe that a home impacts its occupants’ health, and close to three quarters (73%) will be considering health…
By Jody Godoy (Reuters) – The founder of Infinity Q Management, which once claimed to manage $3 billion, was sentenced to 15 years in prison for misleading investors about the value of assets the New York firm managed, U.S. Attorney Damian Williams said on Monday. U.S. District Judge Denise Cote sentenced James Velissaris, 38, on Friday after rejecting his recent request to withdraw his guilty plea, which he entered in November. “We hope this lengthy sentence resonates in the financial sector and deters anyone who may be tempted to lie to investors,” Williams said in a statement. A spokesperson for…
By Ambar Warrick Investing.com — Gold prices hovered just below recent highs on Tuesday, remaining relatively underpinned as markets awaited more cues on the U.S. economy from inflation data and the minutes of the Federal Reserve’s March meeting due later this week. The yellow metal was buoyed by safe haven demand as sentiment remained weak amid fears of slowing economic growth and uncertainty over monetary policy, although prices had retreated from an over one-month high after U.S. data showed continued resilience in the jobs market in March. Markets are now looking to inflation data, due on Wednesday, to gauge if…
© Reuters. FILE PHOTO: Johnson & Johnson company offices are shown in Irvine, California, U.S., October 14, 2020. REUTERS/Mike Blake/File Photo By Dietrich Knauth and Mike Spector (Reuters) -Johnson & Johnson’s second attempt to resolve talc lawsuits in bankruptcy should be dismissed as an unprecedented fraud designed to deny plaintiffs just compensation, lawyers representing cancer victims argued in a Monday court filing. The attorneys contend J&J defied a January appeals court rejection of its first attempt to settle the litigation, noting that a J&J subsidiary refiled for Chapter 11 about two hours after a court dismissed its first bankruptcy. The…
U.S. stock futures on Tuesday pointed to the market opening little changed and just shy of eight-week highs as traders eyed inflation data and the start of first-quarter earnings season in coming days.How are stock-index futures trading S&P 500 futures ES00, +0.22% rose 5 points, or 0.1%, to 4141 Dow Jones Industrial Average futures YM00, +0.15% added 17 points, or 0.1%, to 33768 Nasdaq 100 futures NQ00, +0.28% climbed 22 points, or 0.1%, to 13180 On Monday, the Dow Jones Industrial Average DJIA, +0.30% rose 101 points, or 0.3%, to 33587, the S&P 500 SPX, +0.10% increased 4 points, or…
Switching from the home-work-home commuting cycle to an environment where your home doubles as your office can be unsettling to many, and it comes with unique challenges as well as benefits. But remote work is here to stay for many employees. Experts predict that 36.2 million Americans — a 417% increase from pre-COVID pandemic levels — will be working remotely by 2025. In my almost-20-year-long career, I have not worked a day in what is considered to be a traditional office, so almost nothing changed for me in the pandemic. Here’s how you too can work remotely like a pro:…
Micron Technology Inc. shares rallied for their best day in more than a year Monday after a huge overhang on the memory-chip market eased when, as one analyst put it, the Easter Bunny left a big present for the Boise, Idaho-based chip maker. Micron MU, +8.04% shares rallied as much as 9% to close up 8% at $63.27, for their best one-day percentage gain since March 16, 2022, when shares finished up 9%. In comparison, the S&P 500 SPX, +0.10% rose 0.1% and the tech-heavy Nasdaq Composite COMP, -0.03% slipped less than 0.1%. On Monday, Citi Research’s Christopher Danely said…
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