MW: Stock-market investors bank on earnings growth running triple the norm – economist
MARKETWATCH reports: Earnings growth expectations have been running hot, fueled by optimism around artificial intelligence. But ...
BA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING
BA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING
MARKETWATCH wrote on Monday 13 May:
Shares of container shipping companies were climbing on Monday, keeping pace with a recent run of momentum that analysts say is unlikely to end soon.
In Taiwan, stock of Yang Ming Marine Transport (TW:2609) jumped 9.9%, following a 5.5% gain last Thursday and 9.9% gain on Friday. Denmark’s AP Moeller Maersk (DK:MAERSK.B) climbed over 7%, reopening after a two-day market holiday in Copenhagen. The shares rose three straight sessions ahead of that break.
U.S.-listed Israeli group, ZIM Integrated Shipping Services (ZIM), which has seen six straight sessions of gains that includes a 8.3% pop on Friday, rose 4% in premarket trading.
Those shares have climbed alongside higher freight rates…
The full post can be read here.
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