宏福苑大火｜業主聯署要求召開業主大會 民政署：正處理、完成後會向居民交代 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】近日有宏福苑業主聯署要求政府協助屋苑管理人「合安」召開業主大會，民政事務總署署長杜潔麗被問及...
宏福苑大火｜業主聯署要求召開業主大會 民政署：正處理、完成後會向居民交代 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】近日有宏福苑業主聯署要求政府協助屋苑管理人「合安」召開業主大會，民政事務總署署長杜潔麗被問及進度，只說「合安」會向居民交代。 民政事務總署署長杜潔麗：「『合安』一直處理收到的文件，正準備一些帳戶，以及看清楚法團的法律責任。我們知道『合安』現在很努力進行這些工程，一完成之後就會向居民交代。」
Good grief, Chelsea are getting another shellacking. (Both Leeds and Brentford fans will probably be happy to see that). Their recent results make for pretty grim reading. Follow the latter stages at Hill Dickinson Stadium here. Brentford have deemed Dango Ouattara only worthy of a place on the bench, while Mikkel Damsgaard is out entirely – he’s injured. The Bees bench looks a little thin, in tru...
Good grief, Chelsea are getting another shellacking. (Both Leeds and Brentford fans will probably be happy to see that). Their recent results make for pretty grim reading. Follow the latter stages at Hill Dickinson Stadium here. Brentford have deemed Dango Ouattara only worthy of a place on the bench, while Mikkel Damsgaard is out entirely – he’s injured. The Bees bench looks a little thin, in truth. Joining Damsgaard on the treatment table are Rico Henry, Vitaly Janelt and Aaron Hickey, among others. No Gabriel Gudmundsson (he’s suspended) is a blow for Leeds. The left wing-back has been excellent in Farke’s preferred 5-3-2 recently, providing genuine width and a real crossing threat from that flank; James Justin looks set to fill that position tonight. These two teams are in contrasting form. Brentford have only lost once game since the start of February, while you have to go back to the 6th of that month for Leeds United’s most recent league win. Daniel Farke’s side have to be a little careful they do not get dragged into the relegation battle – they are playing before their rivals, Tottenham, Nottingham Forest and West Ham this weekend, so it’s a chance to put a six-point cushion between themselves and the drop zone. Spurs and Forest meet each other tomorrow in an enormous six-pointer. Leeds have favoured home games under the Elland Road lights more than any other kind of match this season, so Farke will be hopeful of a performance. It was 1-1 when the teams met in west London in December. Dominic Calvert-Lewin was named in the extended 35-man England squad for upcoming friendlies against Uruguay and Japan; can he celebrate with a goal tonight? Join us for all the buildup, with kick-off at 8pm GMT. Looking forward to this one.
Key Points Bristol Myers Squibb operates in a defensive industry that can navigate challenging periods fairly well. Despite some recent headwinds, the company could perform well over the long run. The stock offers a high yield and consistent dividend growth. 10 stocks we like better than Bristol Myers Squibb › Investors are dealing with significant market volatility amid trade wars, geopolitical t...
Key Points Bristol Myers Squibb operates in a defensive industry that can navigate challenging periods fairly well. Despite some recent headwinds, the company could perform well over the long run. The stock offers a high yield and consistent dividend growth. 10 stocks we like better than Bristol Myers Squibb › Investors are dealing with significant market volatility amid trade wars, geopolitical tensions, etc. Some are worried about inflation rising, a potential market downturn, or perhaps even a recession. In an environment like this, it helps to invest in companies that can perform relatively well regardless of market or economic conditions. Corporations with excellent dividend programs are especially worth a second look right now. In that spirit, let's consider a solid dividend stock whose shares look attractive: Bristol Myers Squibb (NYSE: BMY). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » It could be a steady wealth compounder Bristol Myers is a leading company in a defensive pharmaceutical industry that's built to handle the toughest environments. Not only are lifesaving drugs some of the ultimate "essential goods," but because of the nature of the industry, and the fact that third-party payers foot much of the bill for prescription medicines, demand remains fairly consistent through good and bad economic times. Bristol Myers' portfolio spans several areas, including oncology -- where it is a leader -- immunology, rare diseases, and others. The company has encountered some troubles in recent years, particularly due to patent cliffs. Revenue growth hasn't been strong as a result. In the fourth quarter, Bristol Myers' sales increased by just 1% year over year to $12.5 billion. However, Bristol Myers has an innovative engine that should allow it to launch newer products and eventually move b...
新界區公益金百萬行今舉行 逾7,000人參加 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】公益金新界區百萬行在即將啟用的粉嶺繞道（東段）舉行，有超過7,000人參加。 律政司副司長張國鈞等嘉賓主持起步禮，參加者...
新界區公益金百萬行今舉行 逾7,000人參加 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】公益金新界區百萬行在即將啟用的粉嶺繞道（東段）舉行，有超過7,000人參加。 律政司副司長張國鈞等嘉賓主持起步禮，參加者由粉嶺北石湖新村起步，途經新建的粉嶺繞道（東段）及龍躍頭交匯處，步行至近崇謙堂的高架橋後再原路折返。全長約6公里，預計需時約1.5小時，參加者沿途可欣賞梧桐河至九龍坑一帶景色。
New York Giants running back Cam Skattebo is facing backlash after dismissing both chronic traumatic encephalopathy (CTE) and asthma as “fake” during a recent podcast appearance. Speaking on the Bring the Juice podcast, the 24-year-old was asked whether he believes CTE – a degenerative brain condition linked to repeated head trauma – is real. Skattebo called it an “excuse”, agreeing with the host ...
New York Giants running back Cam Skattebo is facing backlash after dismissing both chronic traumatic encephalopathy (CTE) and asthma as “fake” during a recent podcast appearance. Speaking on the Bring the Juice podcast, the 24-year-old was asked whether he believes CTE – a degenerative brain condition linked to repeated head trauma – is real. Skattebo called it an “excuse”, agreeing with the host before making a similar claim about asthma. “Yeah, asthma’s fake too,” Skattebo said, adding at one point that people should “just breathe air”. The comments have drawn criticism given the scientific consensus around both conditions. CTE, or chronic traumatic encephalopathy, is a progressive neurological disease associated with repeated blows to the head. It is marked by a buildup of abnormal tau protein in the brain, which can damage blood vessels and disrupt functions tied to memory, mood and impulse control. Symptoms can include cognitive decline, behavioral changes and, in advanced cases, dementia. The condition can only be definitively diagnosed posthumously. It has been identified in numerous former football players after their deaths, including Junior Seau and Aaron Hernandez. A 2023 Boston University study found evidence of CTE in roughly 92% of former NFL players whose brains were examined, while the league finally acknowledged a link between football and the condition in 2016. Asthma is a chronic respiratory disease that affects millions of Americans and can be life-threatening in severe cases. Skattebo, a fourth-round pick out of Arizona State in the 2025 NFL draft, emerged as a key contributor for the Giants as a rookie before his season ended early due to an ankle injury. He finished with 410 rushing yards and five touchdowns in eight games. The Giants have not publicly commented on his remarks.
fengdr Here's a list of key deals reported across sectors this week: Savvy Games Group agreed to acquire Moonton studio in a deal valued at $6 billion. The deal is expected to be finalized in the near future, Moonton CEO Zhang Yunfan said in an internal memo reviewed by Bloomberg News. Ecolab ( ECL ) said Friday it agreed to acquire data center cooling company CoolIT Systems from KKR ( KKR ) for $...
fengdr Here's a list of key deals reported across sectors this week: Savvy Games Group agreed to acquire Moonton studio in a deal valued at $6 billion. The deal is expected to be finalized in the near future, Moonton CEO Zhang Yunfan said in an internal memo reviewed by Bloomberg News. Ecolab ( ECL ) said Friday it agreed to acquire data center cooling company CoolIT Systems from KKR ( KKR ) for $4.75B in cash, creating an end-to-end fluid management and cooling platform for AI data centers. Novartis ( NVS ) has agreed to buy an experimental breast cancer drug from Synnovation Therapeutics for as much as $3B to support its oncology strategy in HR+/HER2- breast cancer. 3M ( MMM ) is partnering with investment firm Bain Capital to acquire Madison Fire & Rescue from Madison Industries for $1.95B. Under the terms of the transaction, 3M and Bain Capital will establish a new joint venture in which 3M will contribute Scott Safety, receive $700M of cash proceeds upon closing, and own 50.1% of the new company, with Bain Capital owning 49.9%. S&P Global ( SPGI ) has completed its acquisition of Enertel AI, a company specializing in AI and machine learning-driven short-term power price forecasting for North American electricity markets. Public Storage ( PSA ) has agreed to acquire real estate investment trust National Storage Affiliates ( NSA ) in an all-stock deal valued at about $10.5B in enterprise value. Super League ( SLE ) has agreed to acquire the ads division of Misfits Gaming Group to expand revenue and speed up its path to profitability (positive adjusted EBITDA). More on related tickers, Ecolab: On A Strategic M&A Streak Why S&P Global's 'Lost Years' Could Set Up The Next Decade Public Storage And National Storage Tie The Knot Savvy Games to buy ByteDance game studio Moonton for $6B - report Ecolab confirms deal to buy CoolIT Systems for $4.75B
Nuclear energy is making a comeback, as countries across the globe aim to expand their nuclear capabilities. This clean energy source not only complements renewables but also delivers the reliable baseload power that data centers need to thrive. One key company emerging in this evolving landscape is Fluor (NYSE: FLR) , an engineering, procurement, and construction management (EPCM) company. The co...
Nuclear energy is making a comeback, as countries across the globe aim to expand their nuclear capabilities. This clean energy source not only complements renewables but also delivers the reliable baseload power that data centers need to thrive. One key company emerging in this evolving landscape is Fluor (NYSE: FLR) , an engineering, procurement, and construction management (EPCM) company. The company is expanding its presence in Europe with a hub focused on developing next-generation small modular reactors and modernizing traditional plants. With nuclear energy gaining traction, Fluor could be a smart buy today. Here's what you need to know. Fluor recently opened a new European office in Bucharest, Romania, which will serve as a hub for the company as it manages nuclear energy projects across the region. The company has emerged as a key player in Romania's nuclear energy development and is providing engineering, design, licensing, and project management services for two initiatives: the small modular reactor project (SMR) in Doicești and the expansion of the Cernavodă Nuclear Power Plant. Continue reading
Things just keep getting worse for the stock market. The S & P 500 , Nasdaq , and Dow suffered their fourth consecutive week of losses as the Iran war and hot wholesale inflation stoked economic concerns. Nvidia 's annual GTC developers event last week was chock full of bullish announcements and the talk of Wall Street and Silicon Valley. Still, it did not help the AI chip powerhouse's stock. Micr...
Things just keep getting worse for the stock market. The S & P 500 , Nasdaq , and Dow suffered their fourth consecutive week of losses as the Iran war and hot wholesale inflation stoked economic concerns. Nvidia 's annual GTC developers event last week was chock full of bullish announcements and the talk of Wall Street and Silicon Valley. Still, it did not help the AI chip powerhouse's stock. Micron's earnings report and post-release commentary provided an update on how severe the worldwide memory shortage is, which weighed on the stock. .SPX .IXIC,.DJI YTD mountain S & P 500, Nasdaq, and Dow year to date performane The S & P 500 fell 1.5% over the past five sessions. The Nasdaq and the Dow each tumbled roughly 2% for the week, with each dipping briefly into 10% correction territory on Friday before closing off their lows. The rise in oil prices (and occasional drop) has been largely moving stocks in the opposite direction since the U.S. and Israel first attacked Iran three weeks ago. The decline in stocks has kept the market in oversold territory for nine straight sessions, according to the S & P Short Range Oscillator , so we put some cash to work. The Club bought Goldman Sachs and Boeing twice last week and scooped up shares of Wells Fargo and Cardinal Health . Each of those names has been unfairly punished in the market downturn, and could rally on even a bit of positive news. Jim Cramer has been saying that opening the Strait of Hormuz, the vital oil transport waterway off Iran's coast, is key to meaningful recovery in stocks. It's unclear if the market can snap its losing streak come Monday. Until then, here is a closer look at the three forces that drove Wall Street and our portfolio last week. Inflation concerns Inflation was on investors' minds as the Middle East conflict sent oil soaring. Wholesale prices for February came in hotter than expected, and that was even before the Iran war started. The producer price index jumped a seasonally adjusted 0.7% over...
Major Trade Group Releases Framework For Tokenized Gold Authored by Martin Young via CoinTelegraph.com, The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems. The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new plat...
Major Trade Group Releases Framework For Tokenized Gold Authored by Martin Young via CoinTelegraph.com, The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems. The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new platform to “support the issuance and operation of scalable, interoperable digital gold products.” The open platform would connect the physical custody of gold with the digital systems used to issue and manage tokenized gold products. “By standardizing essential market processes such as custody coordination, reconciliation, compliance, and redemption, the model aims to reduce operational complexity, improve access, and enable greater consistency across digital gold products,” the World Gold Council said. Crypto-native tokenized gold products include Tether Gold or Pax Gold, which have formed their own custody, compliance and redemption models, but the World Gold Council’s standard could have more sway with institutions due to the trade group’s prominence. Features include audits, fungibility, and liquidity Key features of the Gold as a Service would include standardizing tokenized gold issuance and management, increasing digital gold’s fungibility , embedding audits and assurance, enabling interoperability with existing finance rails, and improving liquidity in lending and borrowing markets. World Gold Council CEO, David Tait, said that financial services are undergoing a “rapid and pervasive digital transformation” and gold must also evolve to maintain its role in the global financial system. “Shared infrastructure can help gold become more accessible, more easily traded and fully integrated into modern financial systems — ensuring it remains as relevant tomorrow as it has been for millennia,” he added. Matthias Tauber, a managing director and senior partner at Boston Consulti...
The BBC spoke to Australian teenagers about the under-16s social media ban, three months since the law came into force on 10 December 2025. Under the law, social media companies must take "reasonable steps" to keep kids off their platforms, and face fines off up to A$49.5m (£24.5m) if they fail to do so. Children and parents are not punished for infringing the ban. According to the Australian gove...
The BBC spoke to Australian teenagers about the under-16s social media ban, three months since the law came into force on 10 December 2025. Under the law, social media companies must take "reasonable steps" to keep kids off their platforms, and face fines off up to A$49.5m (£24.5m) if they fail to do so. Children and parents are not punished for infringing the ban. According to the Australian government, 4.7 million under-16 accounts were deactivated, removed or restricted within the first few days of the ban.
Benchmark general partner Bill Gurley recently warned investors in a CNBC interview about a potential artificial intelligence (AI) infrastructure bubble and recommended shifting investments into beaten-down software-as-a-service (SaaS) stocks. NYU Professor Scott Galloway recently expressed a similar sentiment that fears over SaaS stocks were overdone, and it's time to buy. Let's look at five SaaS...
Benchmark general partner Bill Gurley recently warned investors in a CNBC interview about a potential artificial intelligence (AI) infrastructure bubble and recommended shifting investments into beaten-down software-as-a-service (SaaS) stocks. NYU Professor Scott Galloway recently expressed a similar sentiment that fears over SaaS stocks were overdone, and it's time to buy. Let's look at five SaaS stocks to consider. ServiceNow ServiceNow (NOW 2.55%) is the backbone of many organizations' workflow in the areas of information technology, human resources, and customer service. It serves as an important system of record ingrained within customers and thus is not easily replicated or replaced. The company is still growing its revenue by more than 20% and has seen strong momentum with its AI solutions. More recently, the company is working to become an agentic AI orchestration layer through its new Tower control product. The stock is down nearly 25% year to date and trades at a forward price-to-sales (P/S) multiple of 7.5 times and a forward price-to-earnings (P/E) ratio of 28 times. Expand NYSE : NOW ServiceNow Today's Change ( -2.55 %) $ -2.89 Current Price $ 110.38 Key Data Points Market Cap $115B Day's Range $ 109.12 - $ 112.15 52wk Range $ 98.00 - $ 211.48 Volume 19M Avg Vol 18M Gross Margin 77.53 % Salesforce A leader in customer relationship management software, Salesforce (CRM +0.20%) has always been good at breaking down departmental data silos. However, it has taken this to a new level with the launch of Data 360, which can instantly grab data from cloud providers and data warehouses. Its acquisition of Informatica, meanwhile, gave it the plumbing to pull in data from hard-to-reach legacy systems. This positions the company as an organization's master of records from which AI agents can draw data to avoid any potential hallucinations. The company is expecting to grow its revenue at a more-than 10% annual rate through 2030. The stock price is down more than 25% ...
Key Points ServiceNow, Salesforce, and Workday all have important data edges. UiPath has a big opportunity as an AI orchestration platform. Adobe continues to see solid growth. 10 stocks we like better than ServiceNow › Benchmark general partner Bill Gurley recently warned investors in a CNBC interview about a potential artificial intelligence (AI) infrastructure bubble and recommended shifting in...
Key Points ServiceNow, Salesforce, and Workday all have important data edges. UiPath has a big opportunity as an AI orchestration platform. Adobe continues to see solid growth. 10 stocks we like better than ServiceNow › Benchmark general partner Bill Gurley recently warned investors in a CNBC interview about a potential artificial intelligence (AI) infrastructure bubble and recommended shifting investments into beaten-down software-as-a-service (SaaS) stocks. NYU Professor Scott Galloway recently expressed a similar sentiment that fears over SaaS stocks were overdone, and it's time to buy. Let's look at five SaaS stocks to consider. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » ServiceNow ServiceNow (NYSE: NOW) is the backbone of many organizations' workflow in the areas of information technology, human resources, and customer service. It serves as an important system of record ingrained within customers and thus is not easily replicated or replaced. The company is still growing its revenue by more than 20% and has seen strong momentum with its AI solutions. More recently, the company is working to become an agentic AI orchestration layer through its new Tower control product. The stock is down nearly 25% year to date and trades at a forward price-to-sales (P/S) multiple of 7.5 times and a forward price-to-earnings (P/E) ratio of 28 times. Salesforce A leader in customer relationship management software, Salesforce (NYSE: CRM) has always been good at breaking down departmental data silos. However, it has taken this to a new level with the launch of Data 360, which can instantly grab data from cloud providers and data warehouses. Its acquisition of Informatica, meanwhile, gave it the plumbing to pull in data from hard-to-reach legacy systems. This positions the company as an organization's master...
Tottenham have rarely had such dark days, having finished 17th last season - albeit winning the Europa League under Ange Postecoglou. The Australian was sacked days later and replaced by Thomas Frank who lasted eight months before leaving in February. Despite winning the second leg, Wednesday's Champions League exit against Atletico Madrid - following the calamitous first-leg defeat last week in w...
Tottenham have rarely had such dark days, having finished 17th last season - albeit winning the Europa League under Ange Postecoglou. The Australian was sacked days later and replaced by Thomas Frank who lasted eight months before leaving in February. Despite winning the second leg, Wednesday's Champions League exit against Atletico Madrid - following the calamitous first-leg defeat last week in which goalkeeper Antonin Kinsky was replaced after just 17 minutes - adds to the disfunction. It was Tudor's first win - after three defeats and a draw - since he succeeded Frank, with his position having already been in doubt after just 34 days in charge. Frank's arrival after Postecoglou's exit was meant to be the start of another rebuild following the Dane's impressive seven years at Brentford, but it only sowed more division amid player indiscipline, a split executive team and doubts over his tactical approach. The Lewis family - which owns the Enic Group which holds a majority stake in Spurs - has come under fire, but group Change for Tottenham (CFT) has postponed a planned protest on Sunday, despite an "immediate generational threat" to Spurs' Premier League future, to focus on supporting the team. "A lot of fans have truly given up," said CFT member Jay Coughlin. "It's been horrendous. Obviously there's been a call for all Spurs fans to be the 12th man against Forest. It's something where a lot of fans want to get behind the players and it's going to be seen as negative if there's anything towards the ownership." It comes after a meeting with the club's fan advisory board this month when chief executive Vinai Venkatesham said he had overseen a comprehensive review. The results were a damning criticism of the club's failings. Among the key issues identified were: Insufficient focus across the organisation regards on-pitch success A wage structure and player transaction approach that had impacted competitiveness in the transfer market The men's squad requiring strengthe...
I met Adrian when I was 18 and we married when I was 23. I fell in love with Adrian because he made me laugh, he was smart and he looked good in footy shorts. However, what I loved most was that right from the beginning there was no pretence between us. Adrian has always been “what you see is what you get”, and the flipside of this is that he takes everyone at face value. I never had to second-gue...
I met Adrian when I was 18 and we married when I was 23. I fell in love with Adrian because he made me laugh, he was smart and he looked good in footy shorts. However, what I loved most was that right from the beginning there was no pretence between us. Adrian has always been “what you see is what you get”, and the flipside of this is that he takes everyone at face value. I never had to second-guess who he wanted me to be; I always felt he loved me for who I was. View image in fullscreen Tracy and Adrian on their wedding day At this early stage of my life – when I was trying so hard to find my place in the world – falling in love with Adrian and making plans for the rest of our lives felt simultaneously safe and exciting. In my 30s, I experienced a few decades’ worth of events in a few short years. Complicated births, a baby’s surgery, secondary infertility; cancer, death and dementia in my family. It was a lot. Then, a few weeks after I had settled my grandfather into aged accommodation and spoken at my father’s funeral, Adrian came home and said he’d been offered a job in Abu Dhabi. In many ways our relationship has been defined by travel. The day after our wedding in 1992 we left on an open-ended backpacking trip; we had always talked about living overseas with our children. So, I packed up my third house in six months – my childhood home, my grandfather’s home and now our home – and in 2009, we moved to a desert city a 12-hour flight away. A few weeks after we landed, I turned 40. Adrian gave me a simple, silver ring and a matching pendant. View image in fullscreen ‘My first year in Abu Dhabi was marked by panic attacks in the supermarket and insomnia-filled nights’: Tracy and Adrian on a road trip to Al Ain Whether that move was the tipping point or whether I was headed for an emotional collapse anyway, I can’t know, but my first year in Abu Dhabi was marked by panic attacks in the supermarket and insomnia-filled nights staring out at the city from our 17th-flo...
I was a keen-bean 15-year-old when I got my first job in a commercial kitchen in Canberra, raised on a diet of Jamie and Nigella and bursting with a passion for food. I dived headfirst into an apprenticeship and eagerly put my training into practice on my days off, cooking elaborate meals for friends and creating plenty of dirty dishes. But as the years went on, my love for the kitchen was dulled ...
I was a keen-bean 15-year-old when I got my first job in a commercial kitchen in Canberra, raised on a diet of Jamie and Nigella and bursting with a passion for food. I dived headfirst into an apprenticeship and eagerly put my training into practice on my days off, cooking elaborate meals for friends and creating plenty of dirty dishes. But as the years went on, my love for the kitchen was dulled by a series of toxic workplaces, bullying bosses and long hours. Eventually cooking for myself became a chore. I was more likely to eat cereal on my kitchen floor than do anything creative that would result in dirty dishes. View image in fullscreen ‘One kernel of truth shone through: I still loved food’: Lucy Ridge in the kitchen. Photograph: Lucy Ridge Despite its name, hospitality can be anything but hospitable to the people working in it. It is an industry that takes more than it gives: your time, your energy, your passion. There wasn’t a single moment that drove me out of the kitchen. It was more a case of death by a thousand cuts over a 12-year career. In the end it was the pandemic that caused a hard reset: forced to stop working, I could take a step back and gain some perspective. I realised I was deeply unhappy with the way I was living my life, but one kernel of truth shone through: I still loved food, and I was pretty sure the path to happiness would run though my stomach. How could I find a way back to the passion which had once sustained me? I wanted to get a sense of how the food world operated outside the kitchen, and with the land and produce, by working directly with farmers, cheesemakers, market gardeners, bush foods experts and winemakers. Tired of working in a male-dominated environment, I cast a wide net to find women who could teach me more about food. Slowly I began to build a list of internships, beginning with an artisan cheesemaker in New South Wales. It was exciting to learn a new skill, but I was hungry for more. View image in fullscreen ‘Despite ...
Investors are dealing with significant market volatility amid trade wars, geopolitical tensions, etc. Some are worried about inflation rising, a potential market downturn, or perhaps even a recession. In an environment like this, it helps to invest in companies that can perform relatively well regardless of market or economic conditions. Corporations with excellent dividend programs are especially...
Investors are dealing with significant market volatility amid trade wars, geopolitical tensions, etc. Some are worried about inflation rising, a potential market downturn, or perhaps even a recession. In an environment like this, it helps to invest in companies that can perform relatively well regardless of market or economic conditions. Corporations with excellent dividend programs are especially worth a second look right now. In that spirit, let's consider a solid dividend stock whose shares look attractive: Bristol Myers Squibb (BMY 1.08%). It could be a steady wealth compounder Bristol Myers is a leading company in a defensive pharmaceutical industry that's built to handle the toughest environments. Not only are lifesaving drugs some of the ultimate "essential goods," but because of the nature of the industry, and the fact that third-party payers foot much of the bill for prescription medicines, demand remains fairly consistent through good and bad economic times. Bristol Myers' portfolio spans several areas, including oncology -- where it is a leader -- immunology, rare diseases, and others. The company has encountered some troubles in recent years, particularly due to patent cliffs. Revenue growth hasn't been strong as a result. In the fourth quarter, Bristol Myers' sales increased by just 1% year over year to $12.5 billion. Expand NYSE : BMY Bristol Myers Squibb Today's Change ( -1.08 %) $ -0.63 Current Price $ 57.48 Key Data Points Market Cap $117B Day's Range $ 56.91 - $ 58.55 52wk Range $ 42.52 - $ 62.89 Volume 66M Avg Vol 14M Gross Margin 65.89 % Dividend Yield 4.33 % However, Bristol Myers has an innovative engine that should allow it to launch newer products and eventually move beyond generic or biosimilar competition for older drugs. The company is already slowly doing so, thanks to a growth portfolio mostly composed of therapies approved since 2019 or so. These include a new, subcutaneous formulation of Bristol Myers' famous and highly successful onco...
As rising energy prices and growing inflation fears make corporate bonds look increasingly risky, big money managers including State Street and Voya Investment Management have been looking at buying mortgage bonds and other securitized debt instead. Mortgage bonds often perform better than US high-grade corporate debt in “risk off” markets where investors are becoming more fearful, wrote Spencer R...
As rising energy prices and growing inflation fears make corporate bonds look increasingly risky, big money managers including State Street and Voya Investment Management have been looking at buying mortgage bonds and other securitized debt instead. Mortgage bonds often perform better than US high-grade corporate debt in “risk off” markets where investors are becoming more fearful, wrote Spencer Rogers , strategist at Goldman Sachs, in a note this week. The debt is getting extra support now from Fannie Mae and Freddie Mac, after US President Donald Trump in January directed the companies to buy another $200 billion of the bonds. It’s worth looking at mortgage bonds that might perform better if rates fall again, Rogers wrote. For instance, purchasing specified pools designed to protect against higher prepayment speeds means investors can hang on to those cashflows for longer as rates fall. Meanwhile, there’s ample reason to be worried about corporate debt. Crude oil futures have surged amid the US and Israeli attacks on Iran, and Iran’s retaliation on energy sites in nearby countries. West Texas Intermediate futures topped the $95-a-barrel range this week, compared with $57.42 at the end of last year. Prices in other markets are rising even more . Higher energy prices can effectively act as a tax on manufacturers and consumers, and can weigh on profits. Higher oil prices may also make it harder for the Federal Reserve to continue cutting rates. On Wednesday, Fed Chair Jerome Powell said that central banks usually view higher energy prices as transitory , but inflation has been above the Fed’s 2% target for five years, implying that the central bank has less leeway to dismiss higher oil prices now. Bond traders are no longer pricing in any US rate cuts this year. If rates stay higher for longer than expected, corporate profits could be hit as future borrowing costs rise. That’s at least part of the reason that US high-grade corporate bond spreads have widened by about...
After the injuries and the trash talk, Britain’s Josh Kerr delivered where it mattered most on Saturday night by winning a thrilling 3,000m world indoor title with a last-lap surge. It had been billed as the race of the championships, with all three 1500m medallists from the Paris 2024 Olympics going mano a mano once more. On that occasion Kerr had been pipped to the line by the American Cole Hock...
After the injuries and the trash talk, Britain’s Josh Kerr delivered where it mattered most on Saturday night by winning a thrilling 3,000m world indoor title with a last-lap surge. It had been billed as the race of the championships, with all three 1500m medallists from the Paris 2024 Olympics going mano a mano once more. On that occasion Kerr had been pipped to the line by the American Cole Hocker, who took a shock gold medal, with Yared Nuguse taking bronze. This time, though, Kerr was not to be denied. He made hard work of it as he was in a tricky position with three laps remaining and then hold off the fast-finishing Hocker to win in 7min 35.56sec. Hocker was second, 0.24sec back, with the Frenchman Yann Schrub taking bronze. “I created the problems myself,” said Kerr. “People watching, that it is not how you win a world medal. I knew I had to get the close right, otherwise I would have had a pretty tough conversation with my coach. I was extremely fit coming into this and I needed this one. “I got in my own head about trying not to lose energy and there were some moves that made me have to show my hand to move up. I couldn’t find my position, I couldn’t relax. I was trying to relax in the chaos a bit and trust that I am fitter and better than the guys in there. But that’s racing.” View image in fullscreen Josh Kerr crosses the line to win the 3,000m. Photograph: Michael Steele/Getty Images For much of the race it was a Ethiopian one-two, with Addisu Yihune and Getnet Wale pushing the train. Hocker and Nuguse were close behind in third and fourth, while Kerr was several metres back before moving up around halfway. The decisive move came on the penultimate lap as Kerr pushed and Hocker found himself boxed in. Hocker tried to recover, but he had left himself too much to do. “I didn’t look back, I felt like I had good power in the last 100, but it would have been nice to watch it,” said Kerr. “Because when I went, it was a little early, but I had some juice in me ...