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Alcoa Agrees to Acquire Australia’s Alumina for $2.2 Billion

Alcoa moved to cement its position as one of the world’s largest bauxite and alumina producers by making a $2.2 billion offer to buy Australia’s Alumina, its joint-venture partner in a global mining operation. Continue reading

EODHD | 26 February 2024

Thales and Google Scale eSIM Across Android Ecosystem

Thales eSIM Discovery solution will run Google Discovery Service for seamless activation of Android devices. With 300+ eSIM platforms deployed worldwide, Thales actively contributes to making the world not just more connected, but also cyber-secured from the edge to the core. The collaboration takes …

EODHD | 26 February 2024

Decoding Expeditors International of Washington Inc (EXPD): A Strategic SWOT Insight

Expeditors International of Washington Inc (NYSE:EXPD) showcases robust international logistics capabilities with a strong emphasis on compliance and customer service. EXPD's non-asset-based model and sophisticated IT systems provide a competitive edge in the global freight forwarding industry. Despite intense competition, EXPD's organic growth strategy …

EODHD | 26 February 2024

Private Credit Dominates Whitehaven Coal’s $1.1 Billion Loan

(Bloomberg) -- Australian coal firm Whitehaven Coal Ltd. drew 17 private credit providers and one bank for a $1.1 billion loan to buy two mines, the latest example of direct lenders benefiting from banks’ tighter scrutiny of environmentally less friendly projects. Most Read from …

EODHD | 26 February 2024

TPG Telecom Holds Dividend as Annual Underlying Earnings Rise

The Australian telecommunications provider, formed by the merger of Vodafone Hutchison Australia and TPG, raised annual underlying earnings by 7.6% amid strong growth in mobile revenue. Continue reading

EODHD | 26 February 2024

Hong Kong Shares Edge Up 0.1%; Auto, Pharma Stocks Gain

Hong Kong shares edged up in early trade, led by auto and pharma stocks. Investors were likely on the lookout for more stimulus from China. Continue reading

EODHD | 25 February 2024

Nikkei Rises 0.4%, Led by Tech Stocks, Trading Houses

Japanese stocks were higher in early trade, led by gains in tech stocks and trading houses thanks to a weak yen and signs of U.S. economic strength. Continue reading

EODHD | 25 February 2024

Brambles (ASX:BXB) Has Announced That It Will Be Increasing Its Dividend To $0.2309

Brambles Limited's (ASX:BXB) dividend will be increasing from last year's payment of the same period to $0.2309 on 11th of April. Based on this payment, the dividend yield for the company will be 3.0%, which is fairly typical for the industry. Check out our …

EODHD | 25 February 2024

Is Metcash Limited (ASX:MTS) Trading At A 35% Discount?

Key Insights Metcash's estimated fair value is AU$5.60 based on 2 Stage Free Cash Flow to Equity Current share price of AU$3.63 suggests Metcash is potentially 35% undervalued Analyst price target for MTS is AU$3.89 which is 30% below our fair value estimate Today …

EODHD | 25 February 2024

New England Journal of Medicine publishes Phase III data showing Xolair significantly reduced allergic reactions across multiple foods in people with food allergies

F. Hoffmann-La Roche Ltd Detailed results from the NIH-sponsored Phase III OUtMATCH study showed treatment with Xolair increased the amount of peanuts, tree nuts, egg, milk and wheat that people as young as 1 year consumed without an allergic reaction The U.S. FDA recently …

EODHD | 25 February 2024

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