StarHub Looking for Benefits From Dare+ to Drive Earnings Recovery
Stronger competition in the mobile market, secular decline in the linear pay-TV market and the move to the National Broadband Network have driven excess returns for StarHub lower and we believe it now ...
'Blade Runner 2049' producer sues Tesla, Elon Musk for copyright infringement
The production company behind the sci-fi movie "Blade Runner 2049" is suing Elon Musk and Tesla Inc. for copyright infringement, claiming an image from the movie was improperly used to promote Tesla's ...
The Biggest ESG Risk You May Not Know About
Only 34 funds target biodiversity. The single US fund closed down.
Audinate's Transition Still Underway
Audinate had a net cash position of AUD 117 million as of the end of June 2024, with no debt. Audinate is also free cash flow positive, and we expect this to continue, with the possible exception of ...
Federal Reserve's Daly Sees No Cause to Pause Rate Cuts
Despite a recent run of strong economic data, continued interest-rate cuts still look like the right course for the Federal Reserve, senior central bank official Mary Daly said.
Houston Area Sports Authority to Sell $329.7 Million in Revenue Refunding Bonds
The Harris County-Houston Sports Authority plans to sell $329.7 million in revenue refunding bonds to payoff outstanding debt ...
Australian Consumer Confidence Highest Since Early 2023
SYDNEY--Australian consumer confidence jumped to its highest level since January 2023 last week following data showing the economy continues to create jobs at a stellar. Consumer confidence rose 4.1 ...
State Street's Scale Allows the Firm to Manage Pricing Headwinds
On the less moaty side is State Street’s investment-management segment (about 15% of revenue), which continues to face industrywide fee pressure. While State Street boasts $4.1 trillion in AUM, that ...
Hasbro and Mattel are relatively insulated from China tariffs. They would still hurt.
"Overall, the toy industry has more than 80% exposure to?China, but both Mattel and Hasbro are underindexed to industry average," UBS's Arpine Kocharyan wrote in a research note on Monday. "Given ...
Utilities Slip, But Remain Leaders for Year to Date — Utilities Roundup
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities sector of the S&P 500, is up a staggering 27% for the year to date. Gains have slowed recently as Treasury yields ...
Communications Services Down on Earnings Hopes — Communications Services Roundup
Walt Disney said it would name Chief Executive Bob Iger's replacement in early 2026 and appointed former Morgan Stanley Chief Executive James Gorman as board chairman, signaling to investors that ...
Financials Down Amid Election Nerves — Financials Roundup
Shares of banks and other financial institutions fell sharply as election nerves set in. U.S. government debt yields tested their highest levels in almost three months amid growing concern about the ...