Ross Stores ( ROST ) declares $0.445/share quarterly dividend , in line with previous. Forward yield 0.82% Payable June 30; for shareholders of record June 9; ex-div June 9. See ROST Dividend Scorecard, Yield Chart, & Dividend Growth. More on Ross Stores Ross Stores Q1 Preview: High Bar For Continued Outperformance, Shares Fairly Valued Ross Stores: Earnings Should Continue To Grow At A Healthy Cl...
Ross Stores ( ROST ) declares $0.445/share quarterly dividend , in line with previous. Forward yield 0.82% Payable June 30; for shareholders of record June 9; ex-div June 9. See ROST Dividend Scorecard, Yield Chart, & Dividend Growth. More on Ross Stores Ross Stores Q1 Preview: High Bar For Continued Outperformance, Shares Fairly Valued Ross Stores: Earnings Should Continue To Grow At A Healthy Clip Ross Stores: Strong Q4 Results Stretch The Valuation TJX Companies, Ross Stores top names in an attractive vertical—Truist Securities Apparel stocks to watch on back of Lululemon's mixed earnings report
By Summer Zhen and Jiaxing Li HONG KONG, May 21 (Reuters) - Hedge fund managers say they are targeting investments this year in companies from AI-linked data centres and printed circuit board (PCB) makers to pet food and instant noodle brands as they try to ride the tech boom and Gen Z spending. AI-related trade drew strong interest at the annual Sohn Investment Conference in Hong Kong this week...
By Summer Zhen and Jiaxing Li HONG KONG, May 21 (Reuters) - Hedge fund managers say they are targeting investments this year in companies from AI-linked data centres and printed circuit board (PCB) makers to pet food and instant noodle brands as they try to ride the tech boom and Gen Z spending. AI-related trade drew strong interest at the annual Sohn Investment Conference in Hong Kong this week as a semiconductor rally this year helps major Asian equity indexes outperform Western markets. The firms did not disclose whether they had positions in the companies they highlighted at the Sohn conference, an event where hedge funds pitch their top investment ideas. Kenny Zhang, chief investment officer at Valliance Asset Management, favoured U.S. AI data centre CoreWeave, which provides tech companies with hardware and cloud capacity powered by Nvidia chips. The new production model fuelled by AI will result in global enterprises exporting "knowledge labour to digital people," he said, referring to AI agents. "If we think chips are replacing people, how do we make the digital people happy? ... You need a company like Coreweave," he said. The Hong Kong-based hedge fund expects CoreWeave's annualised revenue to reach $55 billion by 2028, up from $1 billion in early 2024. Some hedge funds are eyeing opportunities resulting from hardware supply shortages. Among different layers of the semiconductor supply chains, PCBs are facing the most severe shortages, according to CloudAlpha Capital. The hedge fund, also from Hong Kong, preferred Taiwan's leading PCB maker Compeq Manufacturing, with founding partner and co-CIO Chris Wang saying even tech giant TSMC could face a PCB capacity bottleneck in the next one to three years. Wang believes Compeq could have a re-rating, as the Apple supplier is expanding capacity while trading at less than 15 times valuation. Keyrock Capital Management, meanwhile, is bullish on Japan's electrical engineering firm Kandenko, betting it will...
(RTTNews) - BT Group (BT, BT.L) said Patricia Cobian will join the Board as CFO Designate, an Executive Director and a member of the Executive Committee on 20 July 2026. Patricia will succeed Simon Lowth as CFO on 1 September 2026. Simon will remain with BT until 31 January 2027. The Group noted that it has made a number of changes to its governance framework effective from 1 June 2026, including ...
(RTTNews) - BT Group (BT, BT.L) said Patricia Cobian will join the Board as CFO Designate, an Executive Director and a member of the Executive Committee on 20 July 2026. Patricia will succeed Simon Lowth as CFO on 1 September 2026. Simon will remain with BT until 31 January 2027. The Group noted that it has made a number of changes to its governance framework effective from 1 June 2026, including Maggie Chan Jones becoming a member of the Remuneration Committee. BT Group is the UK's leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. British Telecommunications plc is a subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Kevin Foley, Co-Head of Global Investment Banking at JPMorgan, says deal-making activity remains strong globally despite the higher rates environment and inflationary pressures. He expects IPO activity to grow significantly in Hong Kong and mainland China, particularly in the AI and healthcare sectors. He spoke exclusively with Bloomberg's Haslinda Amin on the sidelines of the JPMorgan Global Chin...
Kevin Foley, Co-Head of Global Investment Banking at JPMorgan, says deal-making activity remains strong globally despite the higher rates environment and inflationary pressures. He expects IPO activity to grow significantly in Hong Kong and mainland China, particularly in the AI and healthcare sectors. He spoke exclusively with Bloomberg's Haslinda Amin on the sidelines of the JPMorgan Global China Summit. (Source: Bloomberg)
Although broader equities have performed pretty well this year, recession fears are lingering. After all, we are still dealing with macroeconomic problems and rising inflation. For those especially worried that the economy will eventually succumb to these headwinds and enter a recession, it helps to buy shares of companies that can perform well even in the most challenging environments. Here are t...
Although broader equities have performed pretty well this year, recession fears are lingering. After all, we are still dealing with macroeconomic problems and rising inflation. For those especially worried that the economy will eventually succumb to these headwinds and enter a recession, it helps to buy shares of companies that can perform well even in the most challenging environments. Here are three of them: Abbott Laboratories (NYSE: ABT) , Coca-Cola (NYSE: KO) , and Walmart (NASDAQ: WMT) . Read on to find out why these three stocks are excellent buys if there is a recession on the way. Image source: Getty Images. There are several reasons Abbott Laboratories is an excellent stock to buy ahead of a recession. First, it has a large portfolio of healthcare products across four categories: Pharmaceuticals, medical devices, nutrition, and diagnostics. Many of the products it offers remain in high demand regardless of economic conditions. For instance, in nutrition, it is a market leader in baby formula, something parents aren't going to want to stop buying, no matter what happens. Within its core medical device business , Abbott Laboratories markets a range of products that help treat serious, sometimes life-threatening conditions. Continue reading
Netanyahu scolds Israeli security minister for videos taunting flotilla activists toggle caption Ohad Zwigenberg/AP JERUSALEM — Israel's national security minister drew a sharp rebuke from Prime Minister Benjamin Netanyahu and triggered a backlash abroad Wednesday, after releasing videos taunting detained flotilla activists who tried to breach Israel's blockade of Gaza, telling them they should be...
Netanyahu scolds Israeli security minister for videos taunting flotilla activists toggle caption Ohad Zwigenberg/AP JERUSALEM — Israel's national security minister drew a sharp rebuke from Prime Minister Benjamin Netanyahu and triggered a backlash abroad Wednesday, after releasing videos taunting detained flotilla activists who tried to breach Israel's blockade of Gaza, telling them they should be imprisoned for a long time. Netanyahu said that although Israel has every right to stop "provocative flotillas of Hamas terrorist supporters," the way National Security Minister Itamar Ben-Gvir dealt with the activists was "not in line with Israel's values and norms." Ben-Gvir released videos Wednesday showing him walking among some of the approximately 430 detainees. In one, activists with their hands tied behind their backs are kneeling, their heads touching the floor inside what appears to be a makeshift detention area and on the deck of a ship. Sponsor Message "Welcome to Israel, we are the landlords," says Ben-Gvir, waving a large Israeli flag. One handcuffed activist shouts "Free Palestine" as Ben-Gvir walks by and is immediately pushed to the ground by security personnel. In another video, Ben-Gvir says the activists "came here all full of pride like big heroes. Look at them now," while appealing to Netanyahu to grant him permission to imprison them. Israel's leader calls for quick deportation of activists "I say to Prime Minister Netanyahu, give them to me for a long, long time, give them to us for the terrorist prisons," Ben-Gvir said. Netanyahu said he's given instructions that the activists be deported "as soon as possible." Ben-Gvir drew the ire of Israeli Foreign Minister Gideon Saar, who publicly chastised his fellow minister on X, saying "you knowingly caused harm to our State in this disgraceful display." "No, you are not the face of Israel," Saar wrote. Ben-Gvir shot back at Saar in the Israeli parliament, accusing him of "bowing to the terrorists" and tha...
Krace Zhou, Founder & CIO at StillBrook Capital, explains why Chinese EV bus manufacturer Yutong Bus is a so-called “hidden gem.” Zhou also shares her views on the broader Chinese market with David Ingles and Yvonne Man on the sidelines of the SOHN Hong Kong Conference. (Source: Bloomberg)
Krace Zhou, Founder & CIO at StillBrook Capital, explains why Chinese EV bus manufacturer Yutong Bus is a so-called “hidden gem.” Zhou also shares her views on the broader Chinese market with David Ingles and Yvonne Man on the sidelines of the SOHN Hong Kong Conference. (Source: Bloomberg)
Selskabsmeddelelse nr. 8/2026/21. maj 2026 Danske Andelskassers Bank fik i 1. kvartal 2026 et resultat før skat på 24,3 mio. kr. og en basisindtjening på 28,5 mio. kr. Resultatet for første kvartal er lavere end samme periode sidste år, og vi betegner det derfor som mindre tilfredsstillende. Årsagen er de strategiske investeringer i organisationen, etableringen af nye rådgivningscentre og ansættel...
Selskabsmeddelelse nr. 8/2026/21. maj 2026 Danske Andelskassers Bank fik i 1. kvartal 2026 et resultat før skat på 24,3 mio. kr. og en basisindtjening på 28,5 mio. kr. Resultatet for første kvartal er lavere end samme periode sidste år, og vi betegner det derfor som mindre tilfredsstillende. Årsagen er de strategiske investeringer i organisationen, etableringen af nye rådgivningscentre og ansættelsen af flere medarbejdere, som banken bevidst har prioriteret. Den midlertidige stigning i det relative omkostningsniveau var derfor forventet, da disse tiltag har til formål at styrke bankens langsigtede indtjening og udvikling, og vi er overbeviste om, at de vil bidrage positivt i løbet af strategiperioden. 1. kvartal 2026 har været præget af høj aktivitet og en vækst i forretningsomfanget på 9,8 % til 59,7 mia. kr. pr. 31. marts 2025. Resultatet i 1. kvartal 2026 er ligeledes påvirket af en forventet stigning i nedskrivningerne. Endvidere er kursreguleringerne påvirket af den geopolitiske uro med et fald i kursreguleringerne til følge. Med baggrund i salget af BEC Financial Technologies til Nykredit opjusterede banken den 24. april 2026 forventningerne til resultatet før skat til i niveauet 210-260 mio. kr. mod tidligere 160-210 mio. kr. Basisindtjeningen fastholdes til i intervallet 150-180 mio. kr. Adm. direktør Jan Pedersens kommentar til delårsrapporten: ”Banken oplever stor vækst i øjeblikket, hvilket bekræfter os i, at de strategiske valg, vi har truffet, styrker vores evne til at udvikle banken og skabe værdi på lang sigt. Vi har i år åbnet et nyt rådgivningscenter i Kolding, og vi har åbnet Andelskassen Sundhed, som er målrettet kunder i den private sundhedssektor. Og i sensommeren flytter vi ind i vores nye rådgivningscenter i Højbjerg ved Aarhus. Det er vigtige skridt i eksekveringen af vores strategi og et udtryk for vores ambition om at være tæt på kunderne – også i et marked under forandring.” Hovedpunkter fra regnskabet for 1. kvartal 2026: Resultat før ska...