Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
To find out the true ranking of the best Oreo flavors, we poured a big glass of milk and got to work. The post What’s the best Oreo flavor? To find out, we tried *almost* all of them appeared first on In The Know.
The "Specialty Coatings - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Westbrook thanked Robertson for paving the way for him to be the kind of player he is today.
The band described the concerts as 'the gig that defined an era'.
Fuze, the leading cloud-based communications provider for the modern global enterprise, today announced that it has been awarded a new patent for meeting room control, enabling users to leverage their existing Fuze Mobile application to seamlessly control the in-room meeting experience from their mobile device rather than a traditional fixed tablet or controller.
If it is not one thing then it is another. China’s entertainment-tech sector is feeling blow upon blow from an ongoing regulatory crackdown. Companies such as Alibaba and Tencent which have been huge forces for modernization of China’s economy are repeatedly being fined and castigated by different regulators. In the case of Ant Group, an […]
Veteran heavy metal quartet Megadeth have released a statement regarding sexual misconduct allegations against bassist David Ellefson, who recently denied that he was “grooming” an underaged girl via online messages and videos. “We are aware of the recent statements regarding David Ellefson, and are watching developments closely,” the band wrote in a statement posted on social media […]
The "Modular Chillers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The "Energy Drinks - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
(Bloomberg) -- A fast and furious rotation into value shares is sweeping Wall Street while long-time market favorites -- technology shares -- are extending their decline.Across the world, shares tied to economic growth are outperforming as the commodity rally helps push bond-market inflation bets toward a 15-year high.A strategy that bets on U.S. equities that look undervalued and against expensive ones is rising again on Tuesday after posting its biggest rally in two months on Monday. The Nasdaq 100 fell as much as 2% at the open, compared with a 1.1% drop for the Dow Jones Industrial Average.“Renewed value leadership at the factor level and the broader risk-on rebound suggest the economic cycle is continuing rather than peaking,” Evercore ISI strategists led by Dennis Debusschere wrote in a note.The Russell 1000 Value Index has jumped more than 1.3% this month while the Nasdaq has lost money. It’s all shaking up the world of exchange-traded funds, where assets in value ETFs have firmly overtaken those of funds tracking the growth investing style, according to smart-beta data compiled by Bloomberg Intelligence.All this means quant investors who stuck with value during its historic pounding in the pandemic are getting their mojo back, while traders crowding into speculative tech-heavy corners of the market including Cathie Wood’s ARK funds are on the back foot.It’s a comeback long in the making. Value shares -- or those with low prices relative to some fundamental indicator like earnings -- are typically more dependent on the business cycle than tech stars like Tesla Inc. They have been persistent laggards in recent years, especially when last year’s lockdowns drove investors further into stay-at-home names like Zoom Video Communications Inc.But while most value revivals have proved fleeting in the post-crisis bull years, a slew of analysts now say the stars are aligned for this one to last.Higher inflation expectations have tended to favor value, since it typically comes with faster economic growth and higher bond yields, hurting tech stocks whose long-term prospects now have to be discounted at higher rates.Over the past month, the energy, materials and financial sectors have led the S&P 500. Tech has been the worst performer.Even former skeptics predict this rotation has further to go. Sanford C. Bernstein strategists, who once joked about value managers having no clients, said in a note on Friday “there is plenty of ammunition left.”“Value stocks remain the most uncrowded part of the market,” the team wrote in a note. “In the longer run, this rotation is but a blip in the persistent underperformance of value versus growth.”Because of value’s historic drawdown last year, its recent recovery has only narrowed its discount slightly, with the spread still at double the 10-year average and triple the 20-year. At Barclays Plc, strategists led by Emmanuel Cau noted value sectors like mining and financials might even be getting relatively cheaper, since their earnings -- the denominator of those multiples -- are rising faster than prices.At Versor Investments, which is among the quant funds that predicted a value comeback, founders Deepak Gurnani and Ludger Hentschel pointed out that after the dot-com bubble burst, the strategy posted strong performance between 2000 and 2004.“The positive value returns in 2021, so far, have done little to shrink the extreme value spreads created by the previous negative returns,” they wrote in a report.Meanwhile, the market shift means that investors in momentum -- an allocation style that buys recent top performers -- have been putting more money into value, after bidding up tech names in recent years. The semi-annual rebalancing of the $14 billion iShares MSCI USA Momentum Factor ETF (ticker MTUM), for instance, is expected to see a big rotation into cyclical and riskier names this month.At least one large cohort of money managers has yet to join the rally. Bank of America Corp. noted last week that the value rotation has yet to exert much influence on the returns posted by active funds. That suggests these investors may be braced for pain if instead they chased the likes of Big Tech and renewable energy at the market top.“Portfolios are still majorly composed of long duration growth assets and hence would be prone to losses if macro/inflation dynamics continue to improve,” strategists at Barclays wrote. “Cheap, economically sensitive, and an inflation hedge, value seems like the natural place to position a portfolio.”(Updates prices for U.S. market open)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
FCA investigates Greensill as David Cameron’s lobbying texts are made public. Financial regulator announces move as ex-PM’s messages to Rishi Sunak, Michael Gove and others are released
Airbus is asking key suppliers to get ready for a further 18% increase in A320-family jet output by the end of 2022, on top of existing targets for this year, as airlines eye a partial return to normal travel, industry sources said. The tentative new planning goal would lift output of the workhorse domestic and medium-haul jet, which competes with Boeing's 737 MAX, to 53 a month, they told Reuters. The number being floated for the end of next year remains informal and Airbus has only committed so far to raising output in two steps to 45 a month by the end of 2021, from 40 now.
Pursuant to the authorization granted by the Annual General Meeting of GN Store Nord on March 17, 2021, the Board of Directors initiated a share buyback program on May 6, 2021 (see company announcement no. 14). The share buyback program is implemented in accordance with article 5 of Regulation (EU) no. 596/2014 of April 16, 2014 on market abuse and Delegated Regulation (EU) no. 2016/1052 of March 8, 2016 (the Safe Harbor Rules). The share buyback program was initiated in order to reduce the share capital and to cover obligations under the company’s long-term incentive program. The share buyback program runs from May 6, 2021 and will be concluded no later than March 8, 2022. The total share buyback in the period will represent an amount of up to DKK 2,400 million. On a weekly basis, GN Store Nord will announce the number and value of shares repurchased under the program in a company announcement through Nasdaq Copenhagen. The following transactions have been made under the program in the period from May 6, 2021 through May 10, 2021: No. of sharesAverage purchase price, DKKTransaction Value, DKKMay 6, 202120,000532.2810,645,658May 7, 202115,000518.357,775,309May 10, 202115,000507.857,617,782Accumulated under the program50,000520.7726,038,748 Following the above transactions, GN Store Nord holds as treasury shares a total of 8,349,342 shares of nominally DKK 4, corresponding to a total nominal value of DKK 33,397,368 and 6.0% of the total share capital and the total voting rights in the company. Details of each transaction are included as an appendix. For further information, please contact: Investors and analystsHenriette WennickeVice President – Investor Relations & TreasuryTel: +45 45 75 03 33 or Rune SandagerDirector – Investor Relations & Treasury Tel: +45 45 75 92 57 Press and the media Lars Otto Andersen-Lange Head of Media Relations & Corporate Public Affairs Tel: +45 45 75 02 55 About GN Group The GN Group enables people to Hear More, Do More and Be More through its intelligent hearing, audio and video collaboration solutions. Inspired by people and driven by our innovation leadership, we leverage technological synergies to deliver unique and increasingly individualized user experiences in our products and solutions. 150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound and video processing, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra, BlueParrott and FalCom in 100 countries. Founded in 1869, the GN Group employs 6,500 people and is listed on Nasdaq Copenhagen (GN.CO). Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and Twitter. Attachments Announcement 15 - Transactions under share buyback program PUBLIC_SBB_GN STORE NORD
Gartner names Tangoe as visionary in Magic Quadrant for Managed Mobility Services, Global
ServiceNow's Knowledge 2021 starts today, including 3 presentations from Acorio, an NTT DATA company and the largest pure-play ServiceNow Consultancy.
Levy, a behavior scientist, author, consultant and public speaker, is notably, also an organizer. The post Behavioral scientist Jon Levy on influence, history and his new book, ‘You’re Invited’ appeared first on In The Know.
A long-awaited employment bill was one of the most notable omissions from the Queen’s speech. So much for enhancing the rights of employees
The date of Eid-Al-Fitr changes each year
Lightweight motorcycle is set to appeal to learner riders.
The monarch delivered the Queen’s Speech in her first major public ceremonial duty since Philip’s death.