Workflow
Nissan to close US and Brazil design studios, scale back in London and Japan
Yahoo Finance· 2025-09-18 11:21
Nissan Motor Company has announced a strategic consolidation of its global design network, which will result in the closure of its design studios in San Diego, US, and São Paulo, Brazil. The restructuring is part of the automaker's “Re:Nissan” plan, which seeks to create an “agile” and technology-focused organisation prepared for the future. As the company aims to streamline its design operations, Nissan Design America (NDA) and Nissan Design Latin America (NDLA) will wind down their activities. The Jap ...
Is Invesco DB Precious Metals ETF (DBP) a Strong ETF Right Now?
ZACKS· 2025-09-18 11:21
Core Insights - The Invesco DB Precious Metals ETF (DBP) is a smart beta ETF launched on January 5, 2007, providing broad exposure to the Precious Metals ETFs category [1] - DBP is managed by Invesco and has accumulated over $208.33 million in assets, making it an average-sized ETF in its category [5] - The ETF aims to match the performance of the DBIQ Optimum Yield Precious Metals Index Excess Return, which is based on futures contracts for gold and silver [6] Fund Characteristics - DBP has an annual operating expense ratio of 0.76%, which is considered high in the ETF space, and a 12-month trailing dividend yield of 3.07% [7] - The ETF's top holding, Comex Gold 100 Troy Ounces Future-12-29-2025, constitutes approximately 80.68% of total assets, indicating a concentrated exposure [8] - The top 10 holdings account for about 182.3% of total assets under management, suggesting significant overlap or leverage in the portfolio [9] Performance Metrics - As of September 18, 2025, DBP has gained approximately 37.44% year-to-date and 37.83% over the past year, with a trading range between $60.30 and $84.47 in the last 52 weeks [10] - The ETF has a beta of 0.14 and a standard deviation of 16.98% over the trailing three-year period, categorizing it as a medium-risk investment [11] Alternatives and Market Position - While DBP is a viable option for investors looking to outperform the Precious Metals ETFs segment, alternatives like the abrdn Physical Precious Metals Basket Shares ETF (GLTR) exist, which has $1.67 billion in assets and a lower expense ratio of 0.60% [12] - Investors seeking lower-cost and lower-risk options may consider traditional market cap weighted ETFs that aim to match the returns of Precious Metals ETFs [13]
China’s textile sector poised for sustainable transformation
Yahoo Finance· 2025-09-18 11:21
The report, titled 'China Country Report: Macroeconomic and Sustainability Analysis,' uses data from the Higg Facility Environmental Module (Higg FEM), a tool designed by Cascale to evaluate the environmental impact of manufacturing facilities. The Higg FEM assesses factory performance in areas such as energy use, emissions, water, wastewater, and chemical management. Higg Index senior vice president Jeremy Lardeau said: “Cascale’s Higg FEM data is a powerful lens into where the industry is headed. China ...
Heartland Food Products Group buys North America rights to SlimFast from Glanbia
Yahoo Finance· 2025-09-18 11:20
Splenda owner Heartland Food Products Group has acquired the rights to the SlimFast brand in North America from Irish food ingredients group Glanbia. The financial terms of the transaction remain undisclosed. Heartland is known for producing the Splenda branded low-calorie sweeteners, along with drink mixes, coffee and nutritional beverages. In a statement, Glanbia said the deal relates to the sale of SlimFast in the US and "certain other jurisdictions". A Glanbia spokesperson told Just Drinks the othe ...
EXTENDED CLASS PERIOD: Investor Files Class Action Lawsuit Against RxSight, Inc. and Attorneys Announce Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit
Prnewswire· 2025-09-18 11:20
Core Viewpoint - A class action lawsuit has been filed against RxSight, Inc. for alleged violations of the Securities Exchange Act of 1934, focusing on misleading statements regarding the company's growth and performance during the specified Class Period [1][4]. Company Overview - RxSight, Inc. is a commercial-stage medical technology company specializing in cataract treatment, with its main product being the RxSight Light Adjustable Lens system, which includes an intraocular light adjustable lens and a light delivery device [3]. Allegations of the Lawsuit - The lawsuit claims that RxSight and its executives misrepresented the company's growth, stating that utilization was rising and that newer customer cohorts were adopting the technology at a comparable or faster rate than previous cohorts. In reality, the company faced challenges with its field organization, leading to slower adoption and declining utilization [4]. - The lawsuit highlights that incremental placements of light delivery devices did not result in the expected volume of lens procedures, undermining the company's growth model [4]. Impact of Disclosures - On April 2, 2025, RxSight reported a sequential decline in quarterly lens sales and reduced its full-year revenue guidance by approximately $24 million, resulting in a 38% drop in the stock price [5]. - Further disclosures on July 8, 2025, revealed a 45% sequential decline in light delivery device sales and a second consecutive quarter of declining lens sales, leading to another 38% decrease in stock price [6]. Legal Representation - The plaintiffs in the lawsuit are represented by Robbins Geller Rudman & Dowd LLP, a law firm with significant experience in prosecuting investor class actions related to financial fraud [7].
Small US defense stocks soar on rush for next-gen battlefield tech
Reuters· 2025-09-18 11:19
Smaller U.S. defense firms have emerged as standout performers on Wall Street this year, fueled by surging demand for low-cost, next-generation military tech tailored for modern warfare and the Pentagon's pivot toward agile and adaptable combat systems. ...
Alphabet Stock Rises Toward Record Amid Report China Has Ended Google Inquiry
Barrons· 2025-09-18 11:19
Core Viewpoint - Shares are expected to reach a record high due to a report indicating that China will discontinue an antitrust investigation [1] Group 1 - The report suggesting the cessation of the antitrust probe has positively influenced market sentiment [1] - The anticipated record high in shares reflects investor optimism regarding regulatory easing in China [1]
PLUG Crosses Above Average Analyst Target
Nasdaq· 2025-09-18 11:18
In recent trading, shares of Plug Power Inc (Symbol: PLUG) have crossed above the average analyst 12-month target price of $2.85, changing hands for $3.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, ...
Zillow Group Reaches Analyst Target Price
Nasdaq· 2025-09-18 11:17
In recent trading, shares of Zillow Group Inc (Symbol: ZG) have crossed above the average analyst 12-month target price of $51.72, changing hands for $52.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company ...
Palantir Stock Climbs Nearly 2% In Thursday Pre-Market: What's Going On? - Alphabet (NASDAQ:GOOG), Salesforce (NYSE:CRM)
Benzinga· 2025-09-18 11:17
Shares of Palantir Technologies Inc. PLTR climbed 1.58% in Thursday pre-market after it signed a strategic deal worth billions with the U.K. government.Palantir To Invest $2 Billion, Boost UK Defense Jobs & AIThe new partnership will see Palantir, investing up to £1.5 billion ($2 billion) in the UK, establishing the nation as its European headquarters for defense. This move is expected to generate up to 350 new high-skilled jobs, solidifying the U.K.’s position as a cutting-edge defense technology hub.Palan ...