France ’s economic sturdiness in the face of the Iran war shock is crumbling, jeopardizing plans to rein in the budget deficit as the country gears up for a pivotal election. The most alarming sign that the euro zone’s No. 2 economy is succumbing to surging energy inflation and waning confidence came Thursday when S&P Global’s Composite Purchasing Managers’ Index revealed the steepest plunge in bu...
France ’s economic sturdiness in the face of the Iran war shock is crumbling, jeopardizing plans to rein in the budget deficit as the country gears up for a pivotal election. The most alarming sign that the euro zone’s No. 2 economy is succumbing to surging energy inflation and waning confidence came Thursday when S&P Global’s Composite Purchasing Managers’ Index revealed the steepest plunge in business activity in more than five years. It comes on the back of data showing output stagnated at the start of 2026 as consumers pared back spending and investment, with unemployment also hitting its highest level in half a decade. A drop in gross domestic product this quarter is now a major risk. “All in all, these figures are very weak and raise the likelihood of a contraction in French activity in the second quarter,” ING analyst Charlotte de Montpellier said. “In this context, the government’s 2026 growth forecast of 0.9% now appears out of reach, significantly complicating the fiscal adjustment.” The grim backdrop is undermining the government’s bet that France can weather the fallout from the Middle East better than peers thanks to a greater share of nuclear power in its energy mix and automatic stabilizers that benefit households during crises. A materially weaker economy would pull the rug out from efforts to shore up public finances. Even the modest target to narrow this year’s fiscal gap to 5% from 5.1% in 2025 may prove unachievable without fresh measures to control spending. That raises the prospect of renewed bond-market pressure and political volatility just as campaigning gets underway for next year’s presidential ballot, when Emmanuel Macron can’t run and the far-right is hoping to capitalize on outrage at the rising cost of living. French Prime Minister Sebastien Lecornu is due to unveil tweaks later Thursday to support for firms and households most affected by rising energy bills. Until now, France has been careful to target aid and ensure it’s temporary, ...
Its deputy director explained that, while the number of those emigrating had been increasing, there were "early signs it may now be starting to fall, though it is too soon to say whether this will continue".
Its deputy director explained that, while the number of those emigrating had been increasing, there were "early signs it may now be starting to fall, though it is too soon to say whether this will continue".
“A lot of people ask me the same thing,” says a laughing Mario Lapointe, on how a Canadian songwriter and entrepreneur became owner of the Scottish lower league club Dumbarton 12 months ago. “When I was looking for a football club, this club kept calling me back – not literally. “For example, I wrote a song in 1992 which had a lyric about sitting on the rock, and Dumbarton’s stadium is called the ...
“A lot of people ask me the same thing,” says a laughing Mario Lapointe, on how a Canadian songwriter and entrepreneur became owner of the Scottish lower league club Dumbarton 12 months ago. “When I was looking for a football club, this club kept calling me back – not literally. “For example, I wrote a song in 1992 which had a lyric about sitting on the rock, and Dumbarton’s stadium is called the Rock. It’s also on the river and I wrote a lot of lyrics about rivers and ships, so it felt meant to be.” Lapointe is at home in Quebec in a Dumbarton home shirt, but there was a deeper meaning behind a man, better known by his stage name Vintage, and who moved from music to engineering and back to music again, wanting to own a club he had no apparent physical connection with. “Where it seemed to click for me was the club was about to go into liquidation,” he says. “Five years from now you’d have trees in the grounds and someone building houses on the land. The club had been going for 153 years and has tasted bad times because of bad people. View image in fullscreen Dumbarton FC women’s team pose for a group shot with the coaching staff. Photograph: Courtesy of Dumbarton FC “I came in last summer, but discussions had started a few months earlier. The link between generations and the core values are important and in Scotland there’s a real passion for what the core values of Scotland are.” He also has a plan to take the club forward, including its women’s team, which sits in the third-tier Scottish Women’s Football League Central-West, one of four regional divisions where the players are unpaid. Lapointe, though, wants to ensure the women’s team get access to an equal split of what they bring into the club, with all games next season to be played at the Rock – which neighbours Dumbarton Castle and the River Clyde – for the first time “I looked at different sports and clubs … but we know what happens, as soon as something goes wrong it’s the women’s budget that gets cut.” Dum...
Welcome to our guide to the commodities driving the global economy. Today, Jakarta-based reporter Eddie Spence looks at the implications of Indonesia’s shock move to take control of its commodity exports. Indonesia has announced the biggest shakeup of its natural resource trade in decades, potentially jeopardizing $65 billion of commodity shipments a year. A new state company under sovereign wealt...
Welcome to our guide to the commodities driving the global economy. Today, Jakarta-based reporter Eddie Spence looks at the implications of Indonesia’s shock move to take control of its commodity exports. Indonesia has announced the biggest shakeup of its natural resource trade in decades, potentially jeopardizing $65 billion of commodity shipments a year. A new state company under sovereign wealth fund Danantara will take control of the nation’s coal, palm oil and nickel pig iron exports. Though details on the policy are scant, a speech by President Prabowo Subianto on Wednesday pointed to what amounts to a wholesale nationalization of outgoing shipments. The move is aimed at tackling under-invoicing, or declaring cargoes to be of lower value than they actually are, which Prabowo claimed costs Indonesia billions every year. But it also risks disrupting supplies from the commodity exporting powerhouse at a time when they’ve rarely been so coveted. Indonesia is the world’s biggest exporter of thermal coal and palm oil, both of which are in high demand since the Iran war trapped a significant chunk of global energy supplies behind the Strait of Hormuz. The former underpins the power networks of most Asian economies, while the latter is used as a cooking oil and a substitute for diesel. The country also accounts for well over half of global nickel output, a metal critical to stainless steel and some electric vehicle batteries. Markets for all three commodities took the news in their stride, in part due to sheer confusion over what it will entail. Even senior officials within Danantara, who report directly to Prabowo, were blindsided by his latest move . The president hasn’t shied away from taking on interests in the commodities industry, portraying foreigners and domestic elites as siphoning off the country’s resource wealth at the expense of its citizens. Indonesia has previously used trade measures to achieve policy goals, be it investment in downstream processing or...
Arsenal were back in training on Thursday, just two days after sealing their first Premier League title in 22 years. There was, however, no sign of 16-year-old Max Dowman, with the teenager instead sitting his GCSE exams. Dowman became the youngest Premier League winner in history as the Gunners sealed the title on Tuesday night when second-placed Manchester City could only draw at Bournemouth. An...
Arsenal were back in training on Thursday, just two days after sealing their first Premier League title in 22 years. There was, however, no sign of 16-year-old Max Dowman, with the teenager instead sitting his GCSE exams. Dowman became the youngest Premier League winner in history as the Gunners sealed the title on Tuesday night when second-placed Manchester City could only draw at Bournemouth. And they are now preparing for their final game of the league season away to Crystal Palace on Sunday. Once that is out of the way, Arsenal have a Champions League final against Paris-St Germain to get ready for on Saturday 30 May. That will be followed the next day by a trophy parade around Islington. It is not known which subjects Dowman is studying, but GCSES taking place this week include English language, business, economics and physical education. Luckily for Dowman, next week is half-term - allowing him to focus only on the European Cup final. The Gunners were also given a boost with the return of midfielder Mikel Merino, who has been out since the end of January with a long-term foot injury.
Key Points Bristol Myers Squibb screens as one of the cheapest stocks by two important valuation measures. The drugmaker expects up to $47.5 billion in revenue this year. Management is targeting an extra $2 billion in annual cost savings. 10 stocks we like better than Bristol Myers Squibb › Shares of Bristol Myers Squibb (NYSE: BMY) are trading in a manner that evokes little confidence in the comp...
Key Points Bristol Myers Squibb screens as one of the cheapest stocks by two important valuation measures. The drugmaker expects up to $47.5 billion in revenue this year. Management is targeting an extra $2 billion in annual cost savings. 10 stocks we like better than Bristol Myers Squibb › Shares of Bristol Myers Squibb (NYSE: BMY) are trading in a manner that evokes little confidence in the company's future growth. The numbers suggest otherwise. At roughly 10 times forward earnings, the drug manufacturer's stock is the cheapest among its 11 peers in the S&P 500. The measly 8% stock returns this year so far have pushed the dividend yield above 4%, the second-highest in this cohort of pharmaceuticals, trailing only Pfizer. 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 » But here’s the kicker: at just 9.9 times trailing free cash flow (FCF), Bristol Myers Squibb is the third-cheapest of the 59 healthcare stocks in the S&P 500. That's an unusually low valuation for a pharmaceutical company expected to generate roughly $46 billion to $47.5 billion in revenue this year. Of course, it's not the numbers that concern the market. It's patent expirations. A business heading toward long-term decline? Major drugs, including Revlimid and eventually Eliquis, face increasing generic competition over the next several years. This has likely led investors to treat Bristol Myers Squibb as a business heading toward long-term revenue decline. But recent results show the company's newer products are already starting to offset those losses, or the fear of losses. In the first quarter of 2026, BMS generated $11.5 billion in revenue, up 3% year over year. The company's growth portfolio increased 12% to $6.2 billion and now accounts for more than half of total revenue. Several newer drugs are growing rapidly, including Br...
Peirce Capital Management LLC acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,581 shares of the electric vehicle producer's stock, valued at approximately $711,000. Tesla comprises 0.3% of Peirce Capital Management LLC's holding...
Peirce Capital Management LLC acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,581 shares of the electric vehicle producer's stock, valued at approximately $711,000. Tesla comprises 0.3% of Peirce Capital Management LLC's holdings, making the stock its 27th largest holding. Several other institutional investors and hedge funds have also recently modified their holdings of TSLA. Callahan Advisors LLC increased its position in Tesla by 4.8% in the fourth quarter. Callahan Advisors LLC now owns 1,092 shares of the electric vehicle producer's stock worth $491,000 after purchasing an additional 50 shares during the last quarter. Fi3 FINANCIAL ADVISORS LLC increased its position in Tesla by 1.8% in the fourth quarter. Fi3 FINANCIAL ADVISORS LLC now owns 5,303 shares of the electric vehicle producer's stock worth $2,385,000 after purchasing an additional 92 shares during the last quarter. MJP Associates Inc. ADV increased its position in Tesla by 4.8% in the fourth quarter. MJP Associates Inc. ADV now owns 7,017 shares of the electric vehicle producer's stock worth $3,156,000 after purchasing an additional 323 shares during the last quarter. Princeton Capital Management LLC boosted its stake in Tesla by 3.7% during the fourth quarter. Princeton Capital Management LLC now owns 8,633 shares of the electric vehicle producer's stock worth $3,882,000 after buying an additional 308 shares during the period. Finally, ABN Amro Investment Solutions raised its stake in shares of Tesla by 435.5% in the fourth quarter. ABN Amro Investment Solutions now owns 143,240 shares of the electric vehicle producer's stock valued at $64,418,000 after acquiring an additional 116,492 shares during the period. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: Sign Up Insider Buying and Selling In other n...
Regional Management Corp (Symbol: RM) has been named as a Top 25 dividend stock, according the most recent Dividend Channel report. The report noted that among the coverage universe, RM shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Regional Management Corp, and favorable long-term multi-year growt...
Regional Management Corp (Symbol: RM) has been named as a Top 25 dividend stock, according the most recent Dividend Channel report. The report noted that among the coverage universe, RM shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Regional Management Corp, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' The annualized dividend paid by Regional Management Corp is $1.2/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/20/2026. Below is a long-term dividend history chart for RM, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. The Top 25 DividendRank'ed Stocks » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Hamilton Lane INC (HLNE) revealed a profit for fourth quarter of $50.49 million The company's earnings came in at $50.49 million, or $1.57 per share. This compares with $66.17 million, or $1.23 per share, last year. Excluding items, Hamilton Lane INC reported adjusted earnings of $81.04 million or $1.49 per share for the period. The company's revenue for the period fell 2.2% to $193.57...
(RTTNews) - Hamilton Lane INC (HLNE) revealed a profit for fourth quarter of $50.49 million The company's earnings came in at $50.49 million, or $1.57 per share. This compares with $66.17 million, or $1.23 per share, last year. Excluding items, Hamilton Lane INC reported adjusted earnings of $81.04 million or $1.49 per share for the period. The company's revenue for the period fell 2.2% to $193.57 million from $197.97 million last year. Hamilton Lane INC earnings at a glance (GAAP) : -Earnings: $50.49 Mln. vs. $66.17 Mln. last year. -EPS: $1.57 vs. $1.23 last year. -Revenue: $193.57 Mln vs. $197.97 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
US equity futures fall as Iran says it is assessing President Trump's latest peace proposal. Shares of Nvidia pauses post-earnings fluctuation after results faced investor skepticism. Frank Lee of HSBC analyzes Nvidia's results and forecast. Abigail Watt of UBS discusses the Fed minutes and the labor market. (Source: Bloomberg)
US equity futures fall as Iran says it is assessing President Trump's latest peace proposal. Shares of Nvidia pauses post-earnings fluctuation after results faced investor skepticism. Frank Lee of HSBC analyzes Nvidia's results and forecast. Abigail Watt of UBS discusses the Fed minutes and the labor market. (Source: Bloomberg)
去年 10 月底开始，美股软件股经历了一场罕见的“集体误杀”。 以软件 ETF——IGV 为代表，整个软件板块一度从高位显著回撤，跌幅接近 40%。曾经被视为高质量成长资产的软件公司，突然变成了 AI 浪潮下的“旧世界遗产”。 恐慌的理由看起来非常充分： DeepSeek 用极低成本推出前沿大模型，让市场重新认识到模型能力的快速扩散； Anthropic 推出更成熟的 AI Agent 系统，让人...
去年 10 月底开始，美股软件股经历了一场罕见的“集体误杀”。 以软件 ETF——IGV 为代表，整个软件板块一度从高位显著回撤，跌幅接近 40%。曾经被视为高质量成长资产的软件公司，突然变成了 AI 浪潮下的“旧世界遗产”。 恐慌的理由看起来非常充分： DeepSeek 用极低成本推出前沿大模型，让市场重新认识到模型能力的快速扩散； Anthropic 推出更成熟的 AI Agent 系统，让人们第一次清晰看见： AI 不只是聊天工具，它正在进入法律审查、销售运营、客服处理、跨部门协作等真实企业流程。 与此同时，Cursor、GitHub Copilot 正在数百万程序员的屏幕上自动补全、重构和生成代码。一个看似顺理成章的结论随之出现： 如果 AI 可以写软件、跑流程、做客服、查数据，那么传统软件公司还有什么存在价值？ 于是，市场给出了最直接的反应：卖出软件股，买入算力股。 英伟达、博通、云厂商成为 AI 叙事下最拥挤的交易，而许多软件公司则被贴上“即将被 AI 替代”的标签，遭遇无差别抛售。 在 RockFlow 投研团队看来，问题在于，这个结论太粗糙了。 它把“部分软件会被 AI 替代”，误读成了“所有软件都会被 AI 消灭”；把一个庞大、复杂、分层极深的软件生态，粗暴地压缩成了一个单一概念。 这正是当前市场最大的认知盲区。 AI 当然会改写软件行业。但它并不会让软件消亡。真正发生的，是软件世界正在发生一次残酷而深刻的物种分化。 一部分软件会被 AI 压缩，一部分软件会被 AI 放大。 一部分软件会失去收费理由，另一部分软件会成为 AI 时代新的收费站。 软件不会消亡，消亡的是旧定价逻辑 每一轮技术革命来临时，市场都喜欢讲“终结故事”。 互联网刚兴起时，有人说传统企业软件要完了。浏览器、网页、在线系统会彻底颠覆 ERP、CRM、IT 服务管理这些旧世界工具。 但后来发生了什么？ 互联网不但没有消灭软件，反而孕育出了 Salesforce、ServiceNow、Workday、Snowflake 这一批现代 SaaS 巨头。 移动互联网到来时，也有人说 PC 软件要死。但结果是，新的应用形态、新的订阅模式、新的云服务生态，反而让软件行业进入了更大的黄金时代。 现在，AI 革命来了，市场再次讲出熟悉的故事： AI 会写代码，所以软件公司要死。 AI 会执行业务流程...
On Wednesday, Castro was charged alongside five others of involvement in the shooting down of two planes travelling between Cuba and Florida three decades ago, and was indicted with offences which carry penalties of life in prison or death.
On Wednesday, Castro was charged alongside five others of involvement in the shooting down of two planes travelling between Cuba and Florida three decades ago, and was indicted with offences which carry penalties of life in prison or death.