Key Points 3M stock has likely found its bottom just as the underlying industry shows signs of improvement and upcoming demand for the second half 2023. Financial performance improved significantly in the company; these adjusted figures suggest that the earnings power for the past quarter was as strong as ever, adding momentum to an undervaluation...
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Is It Time To Plug Into Some Shares Of Plug Power?
Key Points Plug Power had a mixed quarter but reiterated full-year guidance on an expected ramp in production. The analysts’ response is tepid and includes lowered-price targets but the upside potential is still profound. Major projects are expected to be fully operational by the end of 2024. 5 stocks we like better than Plug Power...
Deadline Reported For Bids For Wilko As The Future For 12,000 Staff Hangs In The Balance
Wilko’s administrator PWC is reported to have set a mid-week deadline for offers. The future of 12,000 staff is highly uncertain as rival chains and private equity consider bids. Wilko’s strong brand likely to survive but vast store footprint may disappear. Wilko’s Future Hands In The Balace The clock is believed to have been set...
Money-Saving Hacks for the Big Apple, LA, and More: Stretch Your Budget Today
When you reside in the “City That Never Sleeps” (and its various cousin-cities), don’t let financial crunches rob you of your sleep! Does the thought of living on a budget in New York or Los Angeles seem to be a far-fetched dream? Think of bustling metropolitans – Boston, San Francisco, or even Washington, D.C. Enjoying...
Royal Caribbean Launches Mega Ship, Charts Course For Profit
Key Points Royal Caribbean shares surge by 108.72% in 2023, making the stock an S&P 500 performance leader. The company’s strong rally began in May after an impressive Q1 earnings report. Analysts expect a return to profitability for Royal Caribbean and other cruise lines. In January, the company is launching Isle of the Seas, which...
China reports big data miss in July, stops releasing youth unemployment numbers
The National Bureau of Statistics report did not include the unemployment figure for young people, which has soared to record highs in recent months.
Malaysia’s state polls were a ‘setback’ for Anwar’s ruling government, says analyst
The contest was widely seen as a first test for Prime Minister Anwar Ibrahim’s coalition and unity government that came to power last November.
Japan GDP grew 6%, handily beating expectations on robust exports
Economist surveyed by Reuters had expected the world’s third-largest economy to post 3.1% growth in the April-June quarter.
Debunking the Myth of Perfect Competition
Contrary to the orthodoxies of classical and neoliberal economics, free markets do not, and never did, create perfect competition.
China wants to keep Russia in a ‘Goldilocks’ state — not too strong and not too weak
The dynamic between Beijing and Moscow is more nuanced than it appears on the surface, with neither side wanting the other to become too powerful.