Share to Twitter Share to Linkedin Ford published a weaker set of Q4 FY’22 earnings due to supply chain-related headwinds and production issues that impacted the company’s cost base. Ford’s operating profits fell short of both the company’s guidance and Street estimates, coming in at $2.6 billion. For perspective, Ford had guided adjusted operating income for the full year 2022 of between $11.5 billion and $12.5 billion, versus a final reported number of just about $10.4 billion. That said Ford’s revenues came in ahead of estimates, with automotive sales rising 18.4% versus last year to $41.8 billion. Volumes grew by about 4% versus last year and pricing also remained strong. However, Ford’s overall market share fell by 40 basis points versus last year to 5%. Now, Ford’s recent execution has been weak, but we think that things will eventually look up. With inflation easing, the U.S. Federal Reserve has slowed down on the pace of its interest rate hikes (25 … [Read more...] about Ford’s Q4 Results Were Tough, But Things Could Get Better
Strong uptrend stocks
There are puzzling economic signals, and after surging strongly in January and early February, markets are taking a puzzled breather Highlights The Bank of Canada has said that it will pause rate hikes The US Fed raised the Fed funds rate by the anticipated 0.25% on Feb 1 and the ECB and BOE raised their benchmark rates by the anticipated 50 bps each Markets rallied because Fed chair Powell acknowledged disinflation But job growth in the US is very strong, raising fears the Fed will have to tighten more The question is: which data do we trust? January 26 marked an important monetary policy milestone.... … [Read more...] about Puzzling economic signals and confused markets
Share to Twitter Share to Linkedin FTSE 100 stocks Smurfit Kappa, DCC Group and Severn Trent all released fresh trading statements on Wednesday. Here are the key takeaways from their midweek updates. Smurfit Kappa Packaging supplier Smurfit Kappa grew revenues strongly in 2022 despite a fall in cardboard box demand. Revenues rose 27% last year to €12.8 billion even as box volumes dropped 2% year on year. Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) increased 38% to €2.4 billion, helped by a jump in EBITDA margin to 18.4% from 16.8% in 2021. The solid performance encouraged the company to raise the full-year dividend 12% year on year, to 107.6 euro cents per share. Chief executive Tony Smurfit said that “the rate and pace of inflation clearly had a negative effect on the demand environment in 2022.” He added that “the partial reversal of the unsustainably high demand levels seen through the pandemic period” also … [Read more...] about FTSE 100 Round-Up: Smurfit Kappa, DCC, Severn Trent
Share to Twitter Share to Linkedin Boyan Ivanov is the cofounder and Chief Executive Officer at StorPool since November 2011. An economic downturn can be a difficult time for any company. During a downturn, consumers tend to spend less money, resulting in downward pressure on prices, sales cycles getting longer and fiercer competition. All these developments can lead to a decrease in revenue and profitability as well as a higher risk of going out of business for many companies. However, with the right strategies in place, a company cannot only survive but flourish during such a period. Here are 10 tips that can help a company stay afloat and come out stronger on the other side. 1. Optimize your operations and P&L. One of the first things a company should do during an economic downturn is to take a hard look at its income statement and consider optimizing its operations. This can include reducing some expenses or freezing business lines … [Read more...] about Navigating Economic Turbulence: 10 Strategies For Business Success In A Downturn
Share to Twitter Share to Linkedin The cannabis industry - both domestic and international in scope, and comprised of two substantial subsectors: marijuana and hemp - started last year off strong. Namely, with a splash of high-profile M&A activity in January and February. There was tremendous promise for growing the market. As we entered second quarter of 2022, the hope for a fruitful Q2 faded. By Q3, it was full-fledged retreat, with many of the industry investment conferences refusing to even consider seminar presentations or panels regarding workouts, receiverships or other proactive measures designed to protect or mitigate the poor economic conditions surrounding the industry and many of its operators. There was a concerted effort to “keep it positive” after the industry had been called “recession proof” and designated as an “essential business,” while enjoying record high sales numbers and revenues. Things were good — until reality set in. I … [Read more...] about 2022 Cannabis In Review And 2023 Opportunity Outlook
The central bank's commentary has a hawkish undertone and suggests that more interest rate hikes cannot be ruled out. Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of. The RBI’s Monetary Policy Committee met market expectations by increasing the repo rate by 25 basis points, although it left some prayers unanswered. The fond hope was that the MPC would take its cue from global central banks and announce a pause on rate increases. The consolation is that two of the six MPC members didn’t want to raise rates. Nevertheless, the central bank's commentary has a hawkish undertone and suggests that more interest rate hikes cannot be ruled out. This is against what some global central banks have said. The Bank of Canada became the first central bank in a G10 … [Read more...] about Moneycontrol Pro Panorama | MPC plays it safe, more rate hikes coming?
The disdain shown by a large majority of the population to intellectual property rights discourages innovation at the domestic level, motivates the innovators to immigrate to foreign shores and register their innovations there. (Representative image) The total apathy of common Indians towards the intellectual property rights (IPR) of the originators is appalling. The use of pirated software, photocopied books, spurious books sold on traffic signals and footpaths, unauthorised copies of branded clothes and so on is unapologetically common. Propriety and ethics are not taught in schools. It is common to see parents encouraging their wards to buy the “cheaper” alternative regardless of its legality and authenticity. Many cities have infamous “markets” for pirated software and duplicate merchandise. Driving out from Delhi NCR region to nearby Uttar Pradesh and Haryana towns, one comes across “Bhatura King”, a fast-food joint chain. The name and logo used by this chain are cannily … [Read more...] about Why is an infringement of intellectual property acceptable but not royalty payments?