Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
“Shore Capital kept a ‘hold' rating on Boohoo, adding it saw its shares fall by 4% over the year,
with a return to growth from 2025.“
*Basically bc the shares are as cheap as chips at current prices but promise a strong return on positive earnings growth.
United Airlines Inc.'s Boeing 737 carrier which took off from San Francisco on Friday is reported to have made an emergency landing in Oregon after losing its panel in midair, local media said.
The forced landing at Medford Airport in Oregon did not result in injuries.
Multiple airline companies have encountered incidents involving Boeing aircraft, with the most recent incident resulting in injuries to at least 50 passengers on a LATAM Airlines flight from Sydney to Auckland due to an abrupt drop in altitude.
Baha Breaking News (BBN) / AB
United Airlines Inc.'s Boeing 737 carrier which took off from San Francisco on Friday is reported to have made an emergency landing in Oregon after losing its panel in midair, local media said.
The forced landing at Medford Airport in Oregon did not result in injuries.
Multiple airline companies have encountered incidents involving Boeing aircraft, with the most recent incident resulting in injuries to at least 50 passengers on a LATAM Airlines flight from Sydney to Auckland due to an abrupt drop in altitude.
Baha Breaking News (BBN) / AB
US mortgage applications up 9.7%
Mortgage applications in the United States increased by 9.7% in the week ending March 1, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey published on Wednesday.
According to the report, the average contract interest rate for 30-year fixed-rate mortgages continued to decline, falling to 7.02% from last week's 7.04%. Meanwhile, the Refinance Index advanced 8% compared to the previous week, while the seasonally adjusted Purchase Index climbed by 11% on a weekly basis.
"Mortgage applications were up considerably relative to the prior week, which included the President's Day holiday. Of note, purchase volume – particularly for FHA loans – was up strongly, again showing how sensitive the first-time homebuyer segment is to relatively small changes in the direction of rates," MBA Chief Economist Mike Fratantoni commented.
Baha Breaking News (BBN) / JJ
Major stock market indexes in Europe traded mostly lower during Friday's premarket as investors analyzed the latest data regarding producer prices in the United States, which showed a growth of 0.6% in February, surpassing expectations.
Market participants also awaited the release of inflation reports from France, Italy, and the United Kingdom's consumer inflation expectation figures.
The DAX gained 0.06% at 8:02 am CET, the FTSE 100 traded flat. The Euro Stoxx 50 fell 0.09% and the CAC 40 lost 0.11% a minute later.
The euro was up by 0.44% against the dollar at 8:03 am CET, selling for $1.05143. In comparison, the pound gained 0.55% to go for $1.21430 at the same time.
Baha Breaking News (BBN) / RR
Happy Friday y’al
Enjoy your weekend
Gold currently $2169.86
Major stock market indexes in Europe traded mostly lower during Friday's premarket as investors analyzed the latest data regarding producer prices in the United States, which showed a growth of 0.6% in February, surpassing expectations.
Market participants also awaited the release of inflation reports from France, Italy, and the United Kingdom's consumer inflation expectation figures.
The DAX gained 0.06% at 8:02 am CET, the FTSE 100 traded flat. The Euro Stoxx 50 fell 0.09% and the CAC 40 lost 0.11% a minute later.
The euro was up by 0.44% against the dollar at 8:03 am CET, selling for $1.05143. In comparison, the pound gained 0.55% to go for $1.21430 at the same time.
Baha Breaking News (BBN) / RR
Happy Friday y’al
Enjoy your weekend
Seasonally adjusted advance estimates of retail and food services sales in the United States observed a monthly increase of 0.6% to come in at $700.7 billion in February, the Census Bureau said in its preliminary report published on Thursday. The figure stood lower than analysts predicted for the reported period.
On an annual basis, retail and food services sales rose by 1.5% from February 2023.
Meanwhile, February's retail trade sales rose by 0.6% month-on-month or 0.8% year-on-year. On an annual level, nonstore retailers surged by 6.4%, and food services and drinking places climbed by 6.3%.
Baha Breaking News (BBN) / AC
*Nonstore retailers surged by 6.4%
The retail partnership, which also owns Waitrose supermarkets, reported a pre-tax annual profit of £56m compared with a £234m loss the year before.
Major European stock indexes traded mostly flat in the premarket session on Thursday as investors digested fresh reports on consumer prices in February from key economies such as Germany and the United States. During the day, Spain will release its confirmation for the CPI of the second month of the year while Switzerland and the US will reveal the update for producer prices, providing markets with more information on price developments across the industrial sector.
The DAX, the FTSE 100 and the CAC 40 were flat at 8:00 am CET while the Euro Stoxx 50 added 0.07%.
The euro lost by 0.09% against the dollar at 7:59 am CET, selling for $1.09379. Meanwhile, the pound traded flat against the US currency to go for $1.27943 simultaneously.
Baha Breaking News (BBN) / AC
*The Times: The economy is likely to have moved out of recession already, with official figures revealing that gross domestic product expanded by 0.2% in January.
Major European stock indexes traded mostly flat in the premarket session on Thursday as investors digested fresh reports on consumer prices in February from key economies such as Germany and the United States. During the day, Spain will release its confirmation for the CPI of the second month of the year while Switzerland and the US will reveal the update for producer prices, providing markets with more information on price developments across the industrial sector.
The DAX, the FTSE 100 and the CAC 40 were flat at 8:00 am CET while the Euro Stoxx 50 added 0.07%.
The euro lost by 0.09% against the dollar at 7:59 am CET, selling for $1.09379. Meanwhile, the pound traded flat against the US currency to go for $1.27943 simultaneously.
Baha Breaking News (BBN) / AC
Gold currently $2168.51
The prices of precious metals rose on Wednesday, with silver skyrocketing over 3% to reach its highest value since December 2023.
Despite inflation in the United States rising to 3.2% in February, the figure came in largely in line with market expectations. Investors seemingly remained hopeful that the Federal Reserve would start its monetary policy easing journey soon.
Silver soared 3.12% at 12:14 pm ET, selling at $24.89. A minute later, gold rose 0.60%, going for $2,171.34. At 12:15 pm ET, platinum jumped 1.51%, to $939.88, while palladium surged 4.01% to $1,051.76.
Baha Breaking News (BBN) / AY
Gold currently $2177.81
The shares of Inditex, the Spanish clothing company and owner of the renowned Zara brand, rose to an all-time high on the BME Spanish Exchange on Wednesday following the release of the brand's 2023 full-year results.
According to the report, Zara's sales grew by 10.4% to €35.9 billion for the year, "showing very satisfactory development both in stores and online. Sales were positive in all geographical areas and in all concepts." Additionally, Zara's revenue for 2023 increased by 30.3% to €5.4 billion.
Inditex's stocks were 6.13% at 1:17 pm CET, selling for €43.63 apiece.
Baha Breaking News (BBN) / RR
There’s a pile of trades for 1500 share buys straight one after the other.
https://www.lse.co.uk/ShareTrades.html?shareprice=BOO&share=Boohoo
Major European stock market indexes traded mixed in Wednesday's premarket in anticipation of the important data release. Investors awaited the United Kingdom's industrial production, trade balance, and GDP, as well as the Eurozone's industrial production reports.
At 8:01 am CET, the DAX gained 0.26%, while the pan-European Euro Stoxx 50 rose 0.21%. The CAC 40 and the FTSE 100 were both flat.
The euro and British pound were both flat against the dollar at 7:58 am CET, selling for $1.09277 and $1.27942 simultaneously.
Baha Breaking News (BBN) / DD
Happy hump y’al
Major European stock market indexes traded mixed in Wednesday's premarket in anticipation of the important data release. Investors awaited the United Kingdom's industrial production, trade balance, and GDP, as well as the Eurozone's industrial production reports.
At 8:01 am CET, the DAX gained 0.26%, while the pan-European Euro Stoxx 50 rose 0.21%. The CAC 40 and the FTSE 100 were both flat.
The euro and British pound were both flat against the dollar at 7:58 am CET, selling for $1.09277 and $1.27942 simultaneously.
Baha Breaking News (BBN) / DD
Happy hump y’al
Gold currently $2159.76
Ukrainian Foreign Minister Dmytro Kuleba stressed Tuesday in an interview with Sky News Arabia the importance of considering peace in Ukraine at this juncture with Russia.
As per the media posts, Kuleba emphasized that "it is time to think about peace in Ukraine," and highlighted that Russia has the doors open to appearing at the second summit regarding peace that is expected to happen in Switzerland during the summer. He also noted that although voices are demanding that Ukraine make concessions, like what Kiev perceived from Pope Francis's words, the situation on the ground remains "stable" and Ukrainian forces "are repelling Russian attacks."
Regarding the political international landscape, Kuleba mentioned that his government is waiting to see the results of the United States elections "to know [Former Presidente Donald] Trump's true positions."
Baha Breaking News (BBN) / AC
*Inevitably, all conflicts burn themselves out.
Ukrainian Foreign Minister Dmytro Kuleba stressed Tuesday in an interview with Sky News Arabia the importance of considering peace in Ukraine at this juncture with Russia.
As per the media posts, Kuleba emphasized that "it is time to think about peace in Ukraine," and highlighted that Russia has the doors open to appearing at the second summit regarding peace that is expected to happen in Switzerland during the summer. He also noted that although voices are demanding that Ukraine make concessions, like what Kiev perceived from Pope Francis's words, the situation on the ground remains "stable" and Ukrainian forces "are repelling Russian attacks."
Regarding the political international landscape, Kuleba mentioned that his government is waiting to see the results of the United States elections "to know [Former Presidente Donald] Trump's true positions."
Baha Breaking News (BBN) / AC
*Inevitably, all conflicts burn themselves out.
Major European stocks traded higher in Tuesday's premarket session as the area prepares for the release of important economic reports.
Before the session, the German Statistics Office, Destatis, said that annual inflation was 2.5% in February, down from 2.9% in January and in line with analysts' expectations. Compared to December, the consumer price index increased by 0.4%.
At 8:01 am CET, the DAX gained 0.52%, the CAC 40 added 0.38%, and the FTSE 100 rose 0.56%. A minute later, the pan-European Euro Stoxx 50 inched up 0.65%.
The euro improved by 0.09% against the dollar at 8:03 am CET, selling for $1.09354. In comparison, the pound lost 0.08% to go for $1.28025 simultaneously.
Baha Breaking News (BBN) / JG
Major European stocks traded higher in Tuesday's premarket session as the area prepares for the release of important economic reports.
Before the session, the German Statistics Office, Destatis, said that annual inflation was 2.5% in February, down from 2.9% in January and in line with analysts' expectations. Compared to December, the consumer price index increased by 0.4%.
At 8:01 am CET, the DAX gained 0.52%, the CAC 40 added 0.38%, and the FTSE 100 rose 0.56%. A minute later, the pan-European Euro Stoxx 50 inched up 0.65%.
The euro improved by 0.09% against the dollar at 8:03 am CET, selling for $1.09354. In comparison, the pound lost 0.08% to go for $1.28025 simultaneously.
Baha Breaking News (BBN) / JG
Gold currently $2176.82
Https://www.lse.co.uk/rns/ASC/holdings-in-company-mshh5wjxdeulupj.html