Hints and tips:
...Exxon’s shares ended trading on Tuesday with a total market capitalisation of more than $439bn, up 1 per cent on the day and about 67 per cent higher than at the start of the year, according to S&P Global...
...“Unfortunately as a consequence of that we had to shift back.”...
...Zoom’s stock market value has collapsed back to $27bn, as investors have ditched most of the pandemic-era winners in favour of stocks that benefit from economies returning to normal....
...Almost 41 per cent of Topix stocks are trading below their pre-Covid levels, as compared with 17 per cent of stocks in the S&P 500, note analysts....
...As the action-packed annual meeting season winds down in the US, investors are shifting their focus to Japan Inc, demanding changes on issues from climate change to corporate governance....
...We've seen activists put on the board at Exxon....
...By contrast, Chevron — Exxon’s closest rival — is down by about a fifth....
...Energy stocks were also in retreat, with oil giants including Exxon Mobil, Chevron and ConocoPhillips all in the red as oil prices took a beating....
...Boring old Exxon, which unlike Alphabet actually holds net debt and makes far lower returns on capital, is trading on an EV/FCF yield of 3 per cent today and 5 per cent on analyst-consensus 2019 numbers....
...Still, trading was light, with volume on the broad New York Stock Exchange composite index falling 10 per cent below its average over the past month, according to Bloomberg data....
...Cisco’s brief leadership in 2000 encapsulated the peak of dotcom insanity, and Exxon’s long spell as number one coincided with a long bull market for oil....
...Chevron dipped 0.7 per cent to $93.91, while Exxon Mobil ticked up by 0.2 per cent to $82.31....
...The Exxon battery cells were exhibited at the Chicago electric vehicle show in 1977....
...American firms today make more money than ever before by simply moving money around, getting about five times the revenue from purely financial activities, such as trading, hedging, tax optimisation and...
...Sterling is up 0.1 per cent to $1.4495, trading only 25 pips or so shy of a two-month high as “Brexit” fears seem to fade....
...Shares in the company rose 5.8 per cent in after-market trading to $115.42. Apple’s gross margin rose 2 percentage points to 39.9 per cent, its highest in more than two years....
...Anadarko Petroleum, for example, is often talked about as a takeover target, but its shares are trading at about 40 times 2016 earnings, while Exxon’s are at 16 times....
...Actavis bonds, alongside those of Exxon — which also sold $8bn worth of debt this week in an oversubscribed auction — rose in secondary-market trading as investors who failed to secure the securities at...
...EU members agreed on Tuesday night to bar some Russian state banks from long-term financing in European capital markets, impose an embargo on trading arms and dual-use technology with Russia and restrict...
...As Citi note “Korean companies spend 12x as much on capex as they pay out to shareholders in dividends and share buybacks. In Japan the ratio is 5x....
...BP and Exxon evacuate Iraq staff as fighting spreads Oil majors such as ExxonMobil and BP evacuated staff from Iraq as Sunni insurgents continued to advance through the north of the country and surrounded...
...On top of Exxon, Petronas and Glencore, the Chinese state-owned CNPC also operates in the country....
...The group will announce on Tuesday a new matching rule book designed to raise the bar on expected trading behaviour as it seeks to combat market abuse such as the “flashing” of prices without any real interest...
...Rival processor Visa has received no such support with the shares trading 6.4 per cent lower in the last two days....
...(WSJ) At least 10 London banks have scaled back or closed their carbon trading desks amid turmoil in the European emissions trading scheme....
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