© Reuters. FILE PHOTO: The Galaxy Chief cargo ship is escorted by Houthi boats within the Purple Sea on this photograph launched November 20, 2023. Houthi Navy Media/Handout by way of REUTERS/File Picture LONDON (Reuters) – The crew of the Galaxy Chief business ship seized by Yemen’s Iran-backed Houthis final month have been allowed “modest…
© Reuters In an uneven buying and selling session on Wednesday, shares of Qualcomm Inc . (NASDAQ:) noticed a modest uptick, closing at $127.91, a 1.69% enhance. Regardless of this acquire, the inventory remains to be trailing its February 1 peak of $139.94. Qualcomm’s efficiency got here on a day when the broader market confirmed…
© Reuters. NEW YORK – Kaman Company (NYSE:), an aerospace and industrial distribution firm, is presently buying and selling at $20.34, which is under its calculated intrinsic worth of $28.40. Regardless of the inventory’s notable volatility indicated by a excessive beta, suggesting potential future value swings, the corporate’s share value has seen progress in the…
© Reuters. JOHANNESBURG – Reflecting a development the place buyers usually gravitate in the direction of firms with compelling tales relatively than profitability, Oceana Group emerges as a noteworthy exception. The South African fishing firm has demonstrated a strong monitor report of profitability coupled with strong income progress, making it a standout alternative for these…
