Nissan Motor, Renault to Invest $600M in India
Nissan Motor Co. and Renault S.A. plan to invest about $600 million in India to produce six new models, including two electric-vehicle models, the companies said Monday.
Nissan Motor Co. and Renault S.A. plan to invest about $600 million in India to produce six new models, including two electric-vehicle models, the companies said Monday.
Anglo American Platinum Ltd. warned Monday that 2022 headline and basic earnings were expected to fall due to higher mining and processing costs stemming from inflationary pressures.
SYDNEY — Shares in Insurance Australia Group Ltd. rose early on Monday after the general insurer said its half-year net profit more than doubled and its gross written premium ticked up, helped by premium rate increases.
Stocks fall in Tokyo and Shanghai, but edge higher in Hong Kong
JOYY Inc. (NASDAQ:YY – Get Rating) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 3,330,000 shares, an increase of 22.9% from the January 15th total of 2,710,000 shares. Currently, 6.2% of the company’s shares are sold short. Based on an average daily trading volume, of 672,200 shares, the short-interest ratio is currently 5.0 days.
Bellevue Group AG raised its position in AbbVie Inc. (NYSE:ABBV – Get Rating) by 2,003.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 16,997 shares of the company’s stock after purchasing an additional 16,189 shares during the period. Bellevue Group AG’s holdings in AbbVie were worth $2,281,000 at the end of the most recent reporting period.
Fortinet, Inc. (NASDAQ:FTNT – Get Rating) EVP Patrice Perche sold 575,494 shares of the stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $58.97, for a total transaction of $33,936,881.18. Following the completion of the sale, the executive vice president now owns 25,730 shares of the company’s stock, valued at approximately $1,517,298.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Insight Enterprises (NASDAQ:NSIT – Get Rating) had its price objective lifted by analysts at Barrington Research from $125.00 to $150.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the software maker’s stock. Barrington Research’s price target points to a potential upside of 19.72% from the company’s current price.
BEIRUT/ADANA – Earthquake aid from government-held parts of Syria into opposition-controlled territory has been held up by “approval issues” with one hardline group, a United Nations spokesperson said on Sunday.
Australia has rejected a coal mining application based on environmental law for the first time