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☆ These stocks should benefit the most as the Fed keeps lowering rates, analysts say
▼ + stars: | 2024-09-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

These companies are expected to benefit from lower interest rates over the long haul, according to analysts. They include Western Alliance , Best Buy, Coca-Cola, Zillow , UPS and FedEx. The analyst said he sees Best Buy as a key beneficiary of lower interest rates in several ways. He noted that Best Buy continues to be a worthy competitor to e-commerce juggernaut Amazon, pointing to a recent pricing study the firm conducted. Meanwhile, Best Buy shares remain undervalued compared to those of its peers in the sector, Chukumba added.

Persons: Zillow, Jay McCanless, McCanless, Wells, Chris Carey, Carey, Coke bottlers, Morgan Stanley, Anthony Chukumba, Chukumba, FedEx — Goldman Sachs, — D.A, Davidson Organizations: Federal, CNBC, Western Alliance, UPS, FedEx, Software, —

European Union Parliament Election 2024: Live ResultsThe first countries are now reporting national estimates. The first overall estimate of parliament seat counts are expected after 2:15 p.m. Eastern. No results EPP S&D Renew ECR Greens ID Left Other No results Greens EPP ID S&D Renew Left Other ECR EPP S&D Renew ECR Greens ID Left Other No results Note: Country-level seat counts are estimates based on available exit polls and other non-official data from member states. Projection of overall seats by group The first overall seat count projection will be available after 2:15 p.m. Eastern. Group Seats Seats 0 0 0 0 + Show more * Newly elected members not allied to any of the political groups in the outgoing parliamentElection results are announced country by country, and voting is organized according to national rules.

Organizations: Union, EPP, Greens, Left, The New York Times

☆ The right-wing surge in EU Parliament could have implications for Europe and beyond
▼ + stars: | 2024-06-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Right-wing parties across Europe have seen a surge in support over recent years and are set for record gains in the 2024 European Parliament elections. Meanwhile, an emboldened ID party could apply pressure on Parliament to alter its stance on other contentious issues. Here's a look at how these shifts could impact EU policy. "The incoming Commission and Parliament are likely to continue the trend towards greater protectionism and intervention in strategic industries, although the EU will remain an open, trade-dependent economy," they wrote. EU enlargementElsewhere, enlargement of the EU could face further setbacks with a larger euroskeptic presence in Parliament.

Persons: Sean Gallup, Armida van Rij, Chatham House thinktank, Verisk, Mario Bikarski, Laurent Balt, van Rij, Dorien Rookmaker, Balt Organizations: Getty, Populist, Sunday, Greens, European Free Alliance, European People's Party, EPP, European Conservatives, Eurasia Group, Chatham House, CNBC, Immigration, Citi, ECR, EU Locations: Europe, Ukraine, Russia, China, U.S

☆ Far right makes big gains in EU elections as center right holds majority, early data indicates
▼ + stars: | 2024-06-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Populist, far-right parties have won record support in this year's European Parliament elections, early exit polls indicated Sunday. The center-right European People's Party (EPP) is once again projected to win the most parliamentary seats, with a marginally bigger majority than before. The projection is based on exit polls, national estimates and pre-election polling data, and follows a four-day, EU-wide vote. The European Parliament, which is responsible for deciding EU laws and budgets, is the only directed elected institution within the bloc. It is made up of Members of European Parliament (MEPs), who are elected by each member state and come together to form European party groups.

Organizations: Populist, European Conservatives, European People's Party, EPP, Europe, Greens, European Free Alliance, EU

☆ European elections 2024: What’s at stake in the world’s biggest multi-country vote
▼ + stars: | 2024-06-06 | by ( Luke Mcgee | ) edition.cnn.com time to read: +11 min

CNN —One of the world’s largest democratic exercises gets underway this week, with some 373 million people across the European Union eligible to vote in elections for the next European Parliament. Pedestrians walk past a banner displayed on the building of the European Parliament in Brussels on May 17, 2024. The European Parliament sits primarily in Brussels, Belgium, but moves roughly once a month to Strasbourg, France. National elections are set to take place in France in 2027, in which right-wing populist Le Pen could emerge victorious. There are EPP members (and certainly ECR members) who will agree with ID members on matters such as immigration and climate change.

Persons: Kenzo Tribouillard, Germany’s Ursula von der Leyen, Ursula von der Leyen, Giorgia Meloni, Yara Nardi, Pen, Emmanuel Macron’s, What’s, Simona Granati, der Leyen, Von der Leyen, it’s Organizations: CNN, European Union, Voters, EU, Getty, European Commission, European Council, Italian, European, European People’s Party, EPP, Progressive Alliance of Socialists, European Conservatives, ECR, Corbis, Von Locations: Ukraine, Gaza, EU, Brussels, AFP, European, Belgium, Strasbourg, France, Lampedusa, China, Europe, Italian, Rome, Italy, Germany

☆ The far-right is set to make huge gains in European election. It could define the next five years of European politics
▼ + stars: | 2024-05-31 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

EU politics has always relied on awkward alliances between countries and political ideologies that represent vastly different electorates. Francois Greuez/SIPA/APThe European Parliament is the place where this is most visible at an EU level. Most of the lawmakers (known as MEPs) belong to a political party in their own country. ECR and ID are typical of European Parliament parties in that they are home to a pretty broad group of conservatives. The European Parliament can often seem like looks like a boring, bureaucratic blob, tediously grinding its way through process.

Persons: Francois Greuez, Angela Merkel, Christoph Reichwein, David Cameron, Georgia Meloni, Viktor Orban, Orban, Ursula von der Leyen, Giorgia Meloni, Hungary's Viktor Orban, –, Geert Wilders Organizations: CNN, European Union, National Rally, European, European People’s Party, EPP, European Conservatives, Politico, British, Brexit, Georgia, Ukraine, Russia EU, EU, SS, Nazi, Dursun, ERC, European Commission, Kremlin Locations: United States, South Africa, Mexico, Taiwan, Ukraine, China, EU, France, Belgian, Brussels, Hungary, Russia, Italian, Anadolu, United Kingdom, Germany, Europe, Netherlands, Europe’s

☆ Aurizon to sell ECR unit for $285 mln to ease competition concerns
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +1 min

Dec 16 (Reuters) - Aurizon Holdings (AZJ.AX), Australia's largest rail freight operator, said on Friday it will sell its East Coast Rail (ECR) business to Magnetic Rail Group for A$425 million ($284.71 million) in cash. The ORA deal is expected to help Aurizon diversify from coal and add bulk capacity, aiding its transition to greener energy. "The (ECR) sale provides the best outcome for Aurizon and its shareholders, delivering a strong sale price and certainty in completing the divestment," said Managing Director and Chief Executive Officer Andrew Harding. In October, a consortium including private equity firms Oaktree Capital Management and Brookfield bid for Aurizon's ECR operations. read moreSales proceeds from the ECR deal will be used to reduce Aurizon's debt, while Magnetic Rail Group will assume ECR's existing debt.

☆ VoteWatch Europe: România este a patra cea mai influentă ţară din punct de vedere politic în Parlamentul European, în urcare cu trei poziţii faţă de mandatul precedent
▼ + stars: | 2020-10-13 | by ( ) tvrmoldova.md time to read: +2 min

România este considerată a patra cea mai influentă ţară din punct de vedere politic în Parlamentul European, în urcare cu trei poziţii faţă de precedentul legislativ, conform unui index realizat de think tank-ul VoteWatch Europe, relatează caleaeuropeana.ro. pul este condus de Portugalia (38,8 puncte), urmată de Luxemburg (38,3 puncte), Finlanda (35,5 puncte) şi România (34 de puncte) în ce priveşte distribuţia naţională a influenţei politice. Potrivit sursei citate , to“România este pe locul al patrulea în ce priveşte influenţa politică urcând trei locuri de la mandatul trecut. De exemplu, Dragoş Pîslaru (Renew Europe) şi Siegfried Mureşan (PPE) deţin poziţii strategice pe dosare esenţiale precum competitivitatea zonei euro, Mecanismul de redresare şi rezilienţă şi finanţarea Pactul Verde European. 14 dintre aceştia fac parte din grupul PPE, cel mai influent grup politic, 10 din S&D, 8 sunt membri ai grupului Renew Europe şi un europarlamentar român face parte din grupul ECR.

Persons: Dacian Cioloş, Siegfried Mureşan, Siegfried, Cristian, Dan Nica Organizations: Parlamentul European, pul, PPE, Europe Locations: România, Europe, Portugalia, Luxemburg, Finlanda, pârghia, României

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