Goldman Sachs suggests to dispel most persistent myths about stocks
Sat, Jan 15, 2022 9:37 PM

Goldman Sachs suggests to dispel most persistent myths about stocks

Goldman Sachs analysts shares “while valuations feature significantly in our toolbox to calculate onward equity returns, we should dispel an oft-repeated myth that equity valuations are mean-reverting.” He wrote that “Mean reversion assumes that market valuation metrics … are stationary and their long-term means do not change.”

Open Flip
U.S. restaurants fear pandemic situation, hoping to stay afloat
Sat, Jan 15, 2022 9:15 PM

U.S. restaurants fear pandemic situation, hoping to stay afloat

U.S. restaurants fear the “massive slow down” again and hoping to stay afloat during the pandemic as the Omicron variant and chilly temperatures are causing another wave of disruption for the hospitality industry. Gabe Stulman, founder and CEO of Happy Cooking Hospitality, “We are being forced into situations where we don't have enough staff to open the restaurants, we're seeing a slowdown.”

Open Flip
Tata Steel UK says £4 mn investment will add efficiency to supply chain
Sat, Jan 15, 2022 8:24 PM

Tata Steel UK says £4 mn investment will add efficiency to supply chain

Tata Steel UK has said that a new £4 million investment at a major facility in northwest England will allow for a more efficient and sustainable supply of critical steelmaking material to the Port Talbot steelworks in Wales. The company's Cumbrian facility uses UK-quarried limestone to manufacture lime. Shapfell's Kiln 4 will produce nearly 1.5 million tonnes of calcium-rich lime products.

Open Flip
Gina Raimond correlates Inflation with America's chip shortage
Sat, Jan 15, 2022 8:01 PM

Gina Raimond correlates Inflation with America's chip shortage

United States Secretary of Commerce, Gina Raimondo, in an interview drew a “direct correlation” between inflation and the shortage of semiconductors - the computer chips needed to manufacture automobiles. The automobile sector is indeed a major cause of inflation in the last 12 months. Noting the prices for new vehicles jumped 11.8% and the prices of used cars rose an astounding 37.3%.

Open Flip
London Stock Exchange offers specials listings to attract Pvt Cos
Sat, Jan 15, 2022 7:53 PM

London Stock Exchange offers specials listings to attract Pvt Cos

In a bid to attract fast-growing technology firms to list in the U.K. in the wake of Brexit, the London Stock Exchange Group is looking for ways to blur the line between public and private companies. The establishment of a special market for private companies has been offered by the LSE to trade their shares publically on the exchange on certain days.

Open Flip
Richirich Inventures reports loss of Rs -0.05 Mln, in the December 2021
Sat, Jan 15, 2022 7:33 PM

Richirich Inventures reports loss of Rs -0.05 Mln, in the December 2021

Richirich Inventures reported a 32.14% plunge in sales Rs. 0.19 millions as compared to Rs. 0.28 millions during the year ago period. The net loss of the company stood at Rs. -0.05 millions in December 2021 as compared to Net Loss of Rs. -0.18 millions of corresponding quarter ended December 2020. Operating profit margin for the quarter ended December 2021 improved to -0.03% as compared to 2020.

Open Flip
FedEx plans to safeguard its cargo service with an air defence system
Sat, Jan 15, 2022 7:05 PM

FedEx plans to safeguard its cargo service with an air defence system

FedEx wants to take its cargo security one notch higher. The cargo delivery company has sought permission from the US flying regulator FAA to install a missile-defense system on its cargo aircraft. FedEx told FAA that in recent years, there have been incidents when civilian aircraft have been fired upon by man-portable missile systems.

Open Flip
Investing craze of the urban India gets a boost🤳
Sat, Jan 15, 2022 7:00 PM

Investing craze of the urban India gets a boost🤳

A flurry of retail investors joined the bull ride, cryptocurrencies expanded their base, and 'NFT' became the word of the year by some counts. 🔎In a survey, 45% were millennials, 1/3 were post-millennials (aged 18-24). 🔔The average post-millennial in the survey began investing as early as 19 years of age. The 40+ cohort hadn’t got going before they were 32.

Open Flip
🔋 India's $2.4 billion battery scheme- These companies bid for incentives❗
Sat, Jan 15, 2022 6:55 PM

🔋 India's $2.4 billion battery scheme- These companies bid for incentives❗

Reliance Industries, Hyundai Motor Co., and Mahindra are among companies that have submitted bids👉 But, to qualify for the incentives, companies must set up at least 5 Gwh of storage capacity & meet certain local content conditions, all of which would require a min. investment of +$850 million. 🎯Clean auto tech. is a key strategy for cutting pollution in major cities & reducing oil dependence.

Open Flip
EEPC India worries that Omicron might disrupt global supply chain again
Sat, Jan 15, 2022 6:55 PM

EEPC India worries that Omicron might disrupt global supply chain again

The spread of Omicron might disrupt the global supply chain once again, which could lead to a slowdown in trading activities. Engineering Export Promotion Council of India expressed these concerns. The exports of engineering goods registered a 38% year-on-year growth in December 2021 to USD 38.4 billion.

Open Flip
3 things to keep in mind before investing in Crypto👉
Sat, Jan 15, 2022 6:50 PM

3 things to keep in mind before investing in Crypto👉

💯Take time to learn about the different currencies on offer, in addition to researching blockchain technology. 💯Take the time to read the project's white paper- If the that does not contain data and specific details about the project, that is generally seen as a negative. 💯Timing is key- By doing your homework before making an investment, you help to give yourself the best chances of success..

Open Flip
Weekly COVID-19 tests mandatory for people entering Google's US offices
Sat, Jan 15, 2022 6:29 PM

Weekly COVID-19 tests mandatory for people entering Google's US offices

Any person entering Google offices in the United States has to undertake COVID-19 tests weekly as a mandatory rule. The tech giant has announced this temporarily mandating on Friday to help prevent the further spread of COVID-19 during this period of heightened risk. A Google spokesperson said we're implementing new temporary health and safety measures for anyone accessing our sites.

Open Flip
Amazon, FedEx packages looted in Los Angeles trains
Sat, Jan 15, 2022 6:09 PM

Amazon, FedEx packages looted in Los Angeles trains

Thefts in Los Angeles County have increased 160% as reported by American rail operator Union Pacific. According to the tags found Friday by an AFP team on a track near the city center many major US mail order and courier companies such as Amazon, Target, UPS, and FedEx are being hit by the thefts, which have exploded in recent months.

Open Flip
Shiva Global Agro posted 7.46% rise after tax of Rs 9.78 Mln
Sat, Jan 15, 2022 6:02 PM

Shiva Global Agro posted 7.46% rise after tax of Rs 9.78 Mln

Shiva Global Agro posted a 7.46% increase in its profits to Rs. 330.60 mn for the quarter ended December 2021 as compared to Rs. 307.65 mn during the corresponding quarter last year. The company nearly achieved the doubled number of its revenue to Rs. 9.78 mn from Rs. 4.24 mn in the quarter ended December 2021. Operating profit surged to 24.42 mn against 11.57 m.

Open Flip
China's President eyes improved regulations to safeguard digital economy
Sat, Jan 15, 2022 6:00 PM

China's President eyes improved regulations to safeguard digital economy

In a bid to improve regulation and governance of China's digital economy, President Xi Jinping has called for measures. To guard this sector against its "unhealthy" development as Beijing aims to boost the sector's contribution to the country's growth. According to a report, Xi called for focusing on key areas including integrated circuits, display displays, communications equipment, etc.

Open Flip

Join our Smart Investment Community

More than 450,000 users are using FlipItNews to stay updated about the business and finance world! Join FlipItNews now and take smart investment decisions!
Icon