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...Frankfurt-based asset manager Deka, which is a top 10 shareholder in Munich Re and a top 20 shareholder in BASF according to data from S&P Global, last year adopted a similar voting policy to ISS....
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...A survey by S&P Global Mobility showed that about 45 per cent of consumers across countries cited concerns over the availability of charging stations, and the time required for charging, as reasons for not...
...Tuesday’s share price drop extended the plunge in the Austin-based carmaker’s stock this year to 33 per cent, making it one of the worst performers in the S&P 500 with a trajectory that continues to diverge...
...The S&P 500 notched its fifth consecutive record close on Thursday, with the market making broad gains after solid economic growth data....
...The blue-chip S&P 500 rose 0.8 per cent, bouncing back from a Friday loss that ended a five-session streak of record highs for the index....
...Since closing the IHS deal, S&P’s share price is up about 13 per cent, slightly lagging its benchmark S&P 500 index....
...Likewise, S&P Global Mobility surveys suggest stable EV loyalty, measured as the share of EV owners whose next car was an EV, especially for Teslas....
...The electric carmaker reports earnings on Tuesday after the market close. The benchmark S&P 500 rose 0.9 per cent. All sectors gained, led by strength in finance and tech groups....
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...Shares in the company, which declined 5.6 per cent on Monday, have fallen more than a third this year, making it the second-worst performer in the S&P 500 and underperforming those of legacy carmakers....
...The rest of the eurozone “saw the best performance . . . despite growth slowing slightly”, S&P said....
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures business activity across the bloc, rose to an eight-month high of 48.9 this month, up from 47.9 in January....
...The stock has gained nearly 40 per cent over the past 12 months, outpacing the S&P 500’s 20 per cent rise....
...In our view, this probably explains their strong re-rating (forward P/E of 27.2x), and why they are trading at a 110% premium to the STOXX 600 (13.0x)” wrote....
...For a stock that is expected to increase earnings below the S&P 500’s average pace this year and next, that’s still a lot....
...While stocks have slipped in the past three weeks, IPO followers are taking heart from this week’s newbies, which managed to pop higher despite the S&P 500’s longest multi-day losing streak in months....
...In the S&P 500, 64 per cent of stocks have crossed above their 200-day moving average, which is above the historical mean: Every S&P sector has positive returns over the period....
...Japan’s benchmark Topix shed 1.3 per cent while South Korea’s Kospi added 0.5 per cent and Australia’s benchmark S&P/ASX 200 was flat for the day....
...At the top of the pile is the S&P 500, which is an absolute beast....
...But, as S&P puts it when explaining why U.S....
...S&P 500 hit an all-time high on Friday but, as my colleagues Nicholas Megaw and Kate Duguid have pointed out, stocks limped to the summit....
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