DIRS.INFO The most relevant business & tech news

With Europe's winter energy crisis abating and power prices falling, there are growing expectations that idled zinc smelter capacity will restart. The exchange's latest positioning report shows four dominant long positions on cash zinc as of Monday. All of which serves to underline just how depleted LME zinc stocks are. STOCKED OUTLME zinc stocks total just 25,075 tonnes, less than one day's worth of global consumption. LME zinc pricing is going to remain volatile for a while yet as shorts betting on a return to surplus have to navigate today's low-stock reality.

☆ Bank of America upgrades Vodafone, sees stock rising by nearly 50%
▼ + stars: | 2023-01-17 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Vodafone 's stock price hit a 25-year low this month — but sentiment may be turning around. Bank of America analysts upgraded the U.K. company's stock to "buy" on Thursday, saying they expect shares to rise by 42% to £1.31 ($1.60) over the next 12 months. VOD 5Y line Despite this optimism, BofA's analysts believe Vodafone will still need to cut dividends by 30% to keep the balance sheet sustainable. Vantage Towers , previously a wholly owned subsidiary of Vodafone, owns 68,000 sites and was spun off from Vodafone in July 2020. Vodafone's London-listed shares are seen rising by 32% to £1.22 over the next 12 months.

☆ Stocks making the biggest moves premarket: Goldman, Pfizer, Cheesecake Factory, Alibaba and more
▼ + stars: | 2023-01-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Goldman Sachs — The bank slid more than 2% after reporting earnings-per-share and revenue that missed Wall Street estimates Tuesday. Morgan Stanley — Morgan Stanley's earnings topped Wall Street expectations Tuesday, thanks, in part to record wealth management revenue. Global Payments — Morgan Stanley upgraded Global Payments to overweight from equal weight on Tuesday, citing a more favorable competitive backdrop and attractive valuation, among other things. Church & Dwight — Morgan Stanley upgraded the consumer goods maker to overweight from equal weight and boosted its price target to $91 from $82. Alibaba — Activist investor Ryan Cohen built a stake in the Chinese e-commerce giant, according to the Wall Street Journal.

☆ An airline has apologized after a mother said her 12-year-old son was prevented from boarding a flight unaccompanied
▼ + stars: | 2022-10-25 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

A mother says her 12-year-old son was prevented from boarding a flight due to an airline mix-up. While the flights were Qantas-operated, the flight numbers were Emirates, the airline said, and the family should not have been told they were allowed to use Qantas' unaccompanied minor service. Mooney also told the outlet that Qantas would not let her son board the flight unaccompanied, despite both Qantas and Emirates websites stating that young passengers 12 years and over could do so. This is not the first time airlines have faced issues over their unaccompanied minor policies. Last month, Southwest Airlines diverted a flight with an eight-year-old unaccompanied minor on board but failed to let her family know, Insider reported.

☆ Wonder Bread will have its first-ever float in the Macy's Thanksgiving Day Parade
▼ + stars: | 2022-10-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

Wonder Bread hopes its latest stunt can help. The 101-year-old bread maker will have a float in this year’s Macy’s Thanksgiving Day Parade, marking the first-time ever the kitchen staple has joined the lineup. But we’re also changing and evolving and bringing new things to the consumer every day.”A rendering of Wonder Bread's first-ever float in the Macy's Thanksgiving Day Parade. Wonder Bread will participate in the parade for the next three years with the same design. “It’s a classic brand,” Smith said.

Search resuls for: "Read's"

5 mentions found