Stellantis initiates new round of buyouts for some factory workers

The profitability also suffered on account of inflationary prices of coffee and cocoa. The operating profit margin corrected by 100 bps to 23.4%. Raw material cost stood at 43.6% of revenues-same as the year ago elevated level of 43.7%. Source link

Some stuff I am reading today morning: Telegram app CEO Durov arrested in France ( CNBC ) Bangladesh owes $800 Million to Adani Power ( ET ) Adani’s Dharavi revamp is struggling ( Reuters ) 20 Years since TCS IPO ( BS ) New PPF & SSY rules ( Basu Nivesh ) Some thoughts on…

We see what is, not what could be, or ought to be, or will be. A man takes a vacation to Milan, and misses the sights in Paris. Uh oh. In the fight between virtue and vice, it looks like our fav congressman is going down. The Washington Examiner: Pro-Israel billionaires spent over $1.5 million…

With Trump closing in on a return to the White House, former geologist James Cooper looks at the oil trade. Will O&G stocks face major pressure on the back of a Trump return? After all, a key election promise has been to flood the global economy with new supply. The results are in, and it…

This article was written by Follow I have over 15 years of experience investing and have provided research services to mid-sized hedge funds with assets under management between $100 and $500 million. I also have had a brief stint as a sell-side analyst. I am now focusing primarily on managing my own money and my…