The Swedish activist investor firm Cevian Capital has urged Ericsson (ERIC) to accelerate its cost savings program. During the company’s 4Q17 earnings call, Ericsson’s management stated that they’re on track to achieve the cost savings target of $1 billion by mid-2018. Cevian Capital has a share of over 8% in Ericsson as well as 5% of total votes.
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]
Apple said it had removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Chinese authorities. The apps were removed from the store on Friday after Chinese officials cited unspecified national security concerns. The U.S. has threatened to ban TikTok over national security concerns.
Bitcoin surged Friday morning with the halving event about 12 hours away. Spot bitcoin ETFs, crypto miners jump.
Major stock market averages (^DJI, ^IXIC, ^GSPC) are starting Friday's trading session initially mixed as stocks face pressure stemming from Israel's airstrike on Iran and markets await if further escalations in Middle East conflicts materialize. The Dow Jones Industrial Average moves above its flatline as it holds onto gains to start the day. Morning Brief Hosts Seana Smith and Brad Smith monitor the morning market action and take a look at the gains seen across sectors. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Vladimir Vladimirov TelegramUkraine claims to be behind the fiery crash of a long-range Russian bomber on Friday morning, an incident which Moscow has attributed to a technical problem with the aircraft.“For the first time, the anti-aircraft missile units of the Air Force, in cooperation with the Main Directorate of Intelligence of the Ministry of Defense of Ukraine, destroyed the Tu-22M3 long-range strategic bomber,” Ukrainian Air Force commander Mykola Oleschuk said in a statement. He said the
Dublin, April 19, 2024 (GLOBE NEWSWIRE) -- The "Lyme Disease Diagnostic Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.The global lyme disease diagnostic market is expected to reach an estimated $1.8 billion by 2030 with a CAGR of 3.6% from 2024 to 2030.The future of the global lyme disease diagnostic market looks promising with opportunities in the hospital & clinic, pathology lab, pharmaceutical industry, and clinica
Stock Market Today: The Dow Jones recovered after Israel's retaliatory strike on Iran. Netflix stock dived on weak sales forecasts.
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
Moderna stock is under pressure and estimates have come down for its first quarter. Is MRNA stock now a sell?
Dubai, UAE, April 19, 2024 (GLOBE NEWSWIRE) -- In the ever-fluctuating world of cryptocurrency, few events have the power to send shockwaves quite like Bitcoin's turbulent movements. As the leading digital asset experiences a sharp downturn in the days leading up to its much-anticipated halving event, investors worldwide are left scrambling for stability in an uncertain market. Enter Healix Protocol's HLX token presale—a beacon of resilience and opportunity amidst the chaos. Bitcoin's Pre-Halvin
China on Friday slapped a levy on imports of an acid from the United States widely used in food, feed, pesticides and medical fields, amid heightened tensions with Washington over bilateral trade. From Saturday, imports of propionic acid from the United States will be subject to a levy of 43.5%, the Ministry Of Commerce said in a statement, after a July investigation found the Chinese domestic propionic acid industry was "materially damaged."
Dublin, April 19, 2024 (GLOBE NEWSWIRE) -- The "Apparel Logistic Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.The global apparel logistic market is expected to reach an estimated $178 billion by 2030 with a CAGR of 6.2% from 2024 to 2030.The future of the global apparel logistic market looks promising with opportunities in the transportation and warehousing & distribution markets. The major drivers for this market ar
If you've noticed that you've hit a plateau with your workouts, it may be time to change your exercise routine.
I’m so jealous, writes Olivia Petter – I wish I could do what she’s done (and I don’t mean sing)...
Netflix viewers spotted secret code in Martha’s emails to Donny
Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Call Transcript April 18, 2024 Alaska Air Group, Inc. beats earnings expectations. Reported EPS is $-1.04787, expectations were $-1.09. ALK isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and […]
Nicola Sturgeon spoke to reporters outside her home just hours after her husband was charged by Police Scotland
The historic event may repeat if countries use cloud seeding techniques to strike each other
The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget Office. U.S. government debt held by the public, meanwhile, is on pace to reach a record 106% of gross domestic product (GDP) in 2028, up from 97% in fiscal year 2023. The unchecked growth of U.S. government debt is gaining more attention as interest rate payments also take a larger bite of the government's budget - in some months exceeding spending on national defense.
The Biden administration on Friday imposed sanctions on two entities accused of fundraising for extremist Israeli-occupied West Bank settlers who have harassed and attacked Palestinians, as well as the founder of an organization whose members regularly assault Palestinians. The Treasury Department announcement comes as the West Bank has seen some of its worst violence perpetrated by extremist settlers against Palestinians since the war in nearby Gaza began. There is also friction between President Joe Biden and Israeli Prime Minister Benjamin Netanyahu, whose far-right government has reacted angrily to previous sanctions imposed against West Bank settlers.
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