Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCATCo Share News (CAT)

Share Price Information for CATCo (CAT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 24.00
Bid: 13.00
Ask: 35.00
Change: 0.00 (0.00%)
Spread: 22.00 (169.231%)
Open: 24.00
High: 24.00
Low: 24.00
Prev. Close: 24.00
CAT Live PriceLast checked at -
CATCo Reinsurance Opportunities is an Investment Trust

To provide investors with significant capital returns and long-term distributions by making investments linked to catastrophe reinsurance risks via a variety of insurance-based investments.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FACTBOX-U.S. winners and losers from trade tit-for-tat

Wed, 04th Apr 2018 19:33

(Adds details on 3M and Deere)

April 4 (Reuters) - China on Wednesday hit back at PresidentDonald Trump's plan to impose tariffs on $50 billion in Chinesegoods by proposing additional tariffs of 25 percent on 106categories of U.S. imports including soybeans, autos, chemicalsand some types of aircraft.

The trade tensions brewing between the top two worldeconomies hit stock markets, with shares of industrial companieswith exposure to Chinese markets such as Boeing Co andDeere & Co among the hardest hit.

Following are some of the possible winners and losers amongU.S. companies and sectors.

CAR COMPANIES

* U.S. auto maker General Motors Co urged the twocountries to engage in constructive dialogue over trade. Thecompany's stock fell as much as 3 percent before reversingcourse to trade slightly higher.

* GM rival Ford Motor Co lost as much as 3 percentwhile electric carmaker Tesla Inc, which depends onChina for 17 percent of its revenue, dropped 2.5 percent. Sharesof Fiat Chrysler fell as much as 3.4 percent beforerecovering.

* Ford said it encouraged both governments to work togetherto resolve issues.

BOEING & INDUSTRIALS

* Aircraft maker Boeing Co was last down 2.5 percent,weighing the most on the Dow Jones Industrial Average asdocuments from China's Ministry of Commerce and the U.S.manufacturer showed the move would affect some older Boeingnarrowbody models. It was not immediately clear how much thetariffs would impact its newer aircraft.

Boeing said it was assessing the situation while analystsfrom JP Morgan said the proposals from China looked to have beencalibrated carefully to avoid a major impact on theplanemaker.

* Fellow Dow component 3M Co lost as much as 2.4percent. The S&P 500 industrial sector was the biggest drag onthe broader benchmark.

TECH MAJORS

* The S&P 500 technology sector, which has thebiggest revenue exposure to China among the benchmark's 11 majorsectors, dipped 0.5 percent.

* Worst hit in the sector were chip stocks Intel Corp, Nvidia Corp and Broadcom Ltd.China's position as an assembly hub for electronic devices makesit the biggest consumer of semiconductors.

SOYBEANS AND WHISKEY

* Jack Daniel's maker Brown-Forman Corp slippedabout 1 percent before recovering after whiskey was singled outas the only spirit on which China planned to impose moretariffs.

* U.S. meat processor Tyson Foods Inc, meat exporterHormel Foods Corp and Sanderson Farms Inc allrose on the prospect of a drop in prices of feedstock soybeanfollowing higher Chinese tariffs on U.S. exports.

* DowDuPont Inc said its agriculture unit could beaffected by the escalating conflict, warning of price declinesfor soybeans, and a negative impact on U.S. farmers.

* Grain traders Archer Daniels Midland Co and BungeLtd, which trade U.S. soybeans in China, were both off1.5 percent.

* Farming equipment maker Deere lost nearly $10 per share atits lowest. The company urged the two countries to work toward aresolution to "limit uncertainty for farmers and avoidmeaningful disruptions to agricultural trade".(Reporting by Yashaswini Swamynathan in Bengaluru; Editing byBernard Orr and Shounak Dasgupta)

More News
24 Apr 2024 16:02

EARNINGS AND TRADING: Nichols trading in line; Ondine revenue doubles

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
26 Sep 2023 15:32

EARNINGS: Symphony bemoans "weak global demand"; Aseana sells assets

(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
26 Apr 2023 17:58

EARNINGS SUMMARY: Bluebird swings to loss, RBG profit rises strongly

(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
26 Apr 2023 10:48

SMALL-CAP WINNERS & LOSERS: Trifast jumps as eyes adjusted profit rise

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
2 Dec 2022 20:39

TRADING UPDATES: Sunrise secures funds; Bango launches e-distribution

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
22 Nov 2022 07:43

CATCo Reinsurance Opportunities Fund buys 92% of share capital

(Alliance News) - CATCo Reinsurance Opportunities Fund Ltd on Monday said it will buy back USD17.8 million ordinary and C shares that together account for 91.7% of its total share capital.

Read more
14 Sep 2022 17:01

TRADING UPDATES: Trakm8 expects loss; Sutton Harbour has strong summer

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
28 Apr 2022 16:10

EARNINGS UPDATES: Brave Bison notes first profit; Angle widens loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
17 Feb 2022 22:13

TRADING UPDATES: Novacyt gets UK approval; Nostra spuds Cypress well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Thursday and not separately reported by Alliance News:

Read more
4 Feb 2022 21:26

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

Read more
10 Dec 2021 18:30

TRADING UPDATES: Hilton Food seals raise; Hochschild's Aclara floats

TRADING UPDATES: Hilton Food seals raise; Hochschild's Aclara floats

Read more
12 Nov 2021 19:19

TRADING UPDATES: Tufton raises USD39 million; Engage wins new contract

TRADING UPDATES: Tufton raises USD39 million; Engage wins new contract

Read more
26 Oct 2021 19:06

TRADING UPDATES: Yellow Cake fundraises; Mercia Asset invests

TRADING UPDATES: Yellow Cake fundraises; Mercia Asset invests

Read more
8 Oct 2021 12:10

IN BRIEF: CATCo Reinsurance Opportunities Fund appoints liquidators

IN BRIEF: CATCo Reinsurance Opportunities Fund appoints liquidators

Read more
27 Sep 2021 12:59

IN BRIEF: Markel funds buyout of CATCo Reinsurance Opportunities Fund

IN BRIEF: Markel funds buyout of CATCo Reinsurance Opportunities Fund

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.