|Bid||9.35 x 50000|
|Ask||9.40 x 50000|
|Day's range||9.25 - 9.55|
|52-week range||8.85 - 13.74|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||17.55|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Today we'll look at NOW Inc. (NYSE:DNOW) and reflect on its potential as an investment. Specifically, we're going to...
Statistically speaking, long term investing is a profitable endeavour. But along the way some stocks are going to...
The world economy is caught in a "delicate equilibrium" between stabilisation and a further downturn, according to Bank of England Governor Mark Carney, and that balance could look even shakier over the next few days. Early measures of factory activity from Asia, Europe and the United States – which typically give signals of momentum in the overall economy - will be scrutinised by investors, many of whom fear that the sudden weakness of late 2018 is intensifying. Trade tensions have weighed heavily on factories around the world, something that is likely to be high on the minds of negotiators from the United States and China when they resume their talks to avert an escalation of their tariff war.
One of Britain's biggest providers of workplace pensions will be sold this week following a catalogue of problems which led to it being fined last year by the industry regulator. Sky News has learnt that NOW Pensions is being sold to Cardano, a specialist risk manager which owns Lincoln Pensions, a respected pensions advisory business based in London. A year ago, The Pensions Regulator fined the trustee of NOW Pensions £70,000 and issued an improvement notice to the company.
Government officials have admitted for the first time that they will not be able to renegotiate all trade treaties involving the European Union by the end of March. The UK is party to around 40 European treaties, covering trade with more than 70 countries and making up 12% of the UK's total trade. Two years ago, the International Trade Secretary Liam Fox said that updated versions of all those treaties should be ready to sign within a minute of Britain leaving the EU.
As is so often the case, the most interesting detail in today's economic growth numbers were to be found somewhere beneath the surface. It's weaker than the growth we're seeing in the US or Canada, but at worst it leaves the UK middle of the G7 table. Second, look at the monthly pace of economic growth and something else leaps out at you.
CLONES, Ireland (Other OTC: IRLD - news) , Feb 11 (Reuters) - Weeks before Britain is due to leave the European Union, the owner of a filling station and hardware store that straddles the only land border between the two jurisdictions has given up trying to prepare. Eamon Fitzpatrick, whose service station is partly in Ireland and partly in the British province of Northern Ireland, fears he may have to change his business and push up prices after Brexit - which could also trigger a revival of smuggling. A survey published on Monday by Allied Irish Banks (Berlin: 30544177.BE - news) suggested he was not alone, finding that over 50 percent of small and medium businesses in Ireland and Northern Ireland had not even started preparing for Brexit.
Fourteen non-governmental organisations (NGOs) including Amnesty and Global Witness have opposed plans by the London Metal Exchange to ban cobalt tainted by human rights abuses, a letter seen by Reuters showed. It was singled out in LME proposals to embed responsible sourcing principles into metal brands deliverable against its contracts, which include copper and zinc.
British tourists could see the return of expensive mobile roaming charges when they go on holiday the day after Britain leaves the European Union in the event of a no-deal Brexit, Digital Minister Jeremy Wright said on Thursday. Roaming charges were completely abolished in the European Union in 2017, saving holiday makers and business travellers millions of pounds a year in total additional charges for using their smartphones outside Britain. "If we were to say to mobile network operators in this country 'You may not impose roaming charges on your customers who travel to the European Union', that cannot prevent European mobile network operating companies charging UK mobile network operating companies money," he told lawmakers.
A record number of 'socially conscious' mutual funds and exchange-traded funds were launched by asset managers last year, keen to tap growing demand from retail investors. A total of 382 such funds were launched globally during 2018 to take the total to 3,160, industry tracker Morningstar said.
Industrial giant Ineos has called for the government to relax its "unworkable" rules on fracking - and accused it of trying to shut down the industry "by the backdoor". The company's billionaire chairman Sir Jim Ratcliffe claimed the UK's "non-existent" energy strategy meant the government was "playing politics with the future of the country". Ineos wants to change regulations which currently mean work must be halted for 18 hours if seismic activity of magnitude 0.5 on the Richter scale or above is detected at fracking sites.
British Prime Minister Theresa May said on Sunday she would seek a "pragmatic solution" to a parliamentary impasse over the terms on which Britain leaves the European Union when she tries to reopen talks with Brussels. With (Other OTC: WWTH - news) less than two months until Britain is due to leave the bloc on March 29, concerns are growing over the risk of a disorderly 'no deal' exit.
The Federal Reserve's policy twist on Wednesday might seem just what the White House ordered, with a hold put on what President Donald Trump termed "loco" interest rate hikes, and an openness to ending the monthly runoff of up to $50 billion from the U.S. central bank's balance sheet. It isn't the narrative of rebounding investment, higher productivity, and surging growth that administration officials offer, but one of shaky confidence, an economic recovery that may not be as sturdy as it seems, and risks that partly stem from Trump's own actions. Just as the Fed's four rate increases last year were a product of better-than-expected growth nudged higher by some of Trump's policies - a sign of economic strength even if the president called it otherwise - the policy shift this week was a sign the best days of Trumponomics may be over.
When Odile Kern stepped into a Parisian lift sometime in 1953, she found herself standing next to luxury couturier Christian Dior (Swiss: CDI.SW - news) - and in an instant her life changed. Now (Frankfurt: 11N.F - news) 88, Kern was already on the fashion designer's payroll in the building on Avenue Montaigne. Dior asked her who she was.
Novo Nordisk (LSE: 0QIU.L - news) reported solid growth for its new diabetes drug on Friday and said it would submit a tablet version, a key growth hope, for U.S. approval in the first quarter, lifting the Danish drugmaker's shares. Shares (Berlin: DI6.BE - news) in Novo rose almost 4 percent, boosted by a revised 2019 outlook and forecast-beating sales of its new once-weekly Ozempic GLP-1 drug. The world's top maker of diabetes drugs expects 2019 sales growth of 2-5 percent and operating profit growth of 2-6 percent, both measured in local currency.
Manufacturing read-outs from key economies around the region this morning will show how factories fared in January under the clouds of trade tensions, Brexit uncertainty and volatile markets. Ireland (Other OTC: IRLD - news) 's reading already out this morning slowed to its lowest in over two years in one of the first signs that Brexit and a loss of momentum globally may start to hurt its booming economy.
PARIS/DUBAI, Jan 31 (Reuters) - Dubai's Emirates is exploring switching some orders for the world's largest jetliner, the Airbus A380, to the smaller A350 in a move raising new doubts about the future of Europe's iconic superjumbo, people familiar with the matter said. The Gulf carrier, which has invested tens of billions of dollars in more than 100 A380s, has been struggling to finalise a deal to buy another 36 to keep assembly lines open, due to differences with engine maker Rolls-Royce. Now (Frankfurt: 11N.F - news) , Airbus is looking closely at closing A380 factories sooner than expected as part of a reshuffle of orders, with Chief Executive Tom Enders unlikely to leave the situation unresolved when his mandate ends in April, they said.
SAN FRANCISCO/ NEW YORK, Jan 30 (Reuters) - The Federal Reserve may wind down its gradual asset-shedding operation sooner than thought, leaving the U.S. central bank with a bigger balance sheet than earlier anticipated, Fed Chairman Jerome Powell said Wednesday. Powell said no decision had been made on how big the Fed's balance sheet, now down to $4.1 trillion from a peak of $4.5 trillion, would need to be. Indeed, the Fed has never said exactly how far it plans to shrink the balance sheet, though in the past Fed officials had suggested it would be to less than $3 trillion.
Indonesian oil and gas group Medco agreed to buy London-listed Ophir Energy (Other OTC: OPGYF - news) for a sweetened cash bid of $511 million, as it looks to boost its Southeast Asia portfolio and gain access to international assets. Medco's offer of 55 pence per Ophir share came after Ophir rejected a previous $437 million, or 48.5 pence per share, potential buyout offer this month, saying it undervalued the company. Jakarta-headquartered Medco will become the seventh largest non-national upstream oil producer in Southeast Asia after the deal, according to research firm WoodMac.