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墨尔本房拍惊喜不断!$88万老屋拍出$117万,远超预期
Sou Hu Cai Jing· 2025-05-12 14:11
RealEstate网站5月11日报道,墨尔本多位屋主在近期的房产拍卖中收获了意外惊 喜,售价超出预期,净 赚数十万澳元。 在昨天最令人意想不到的一场拍卖中,一栋维多利亚时代的四居室住宅以117.5万 澳元成交,远高于其 88万澳元的底价。 这套位于Coburg区Station St 16号的住宅自1946年以来首次挂牌出售。 自上世纪 30年代起,一户家庭一直居住于此,最初是作为租户,后来从房东手中买下了这处 房产。 Station St 16号(图片来源:RealEstate) 该房产由Nelson Alexander的Ryan Currie负责拍卖,起拍价为84万澳元,随后有 五位竞拍者加入竞价。 最后,竞拍进入白热化阶段,只剩下势均力敌的两方:一对带着一只吉娃娃的夫 妻,与一名在父母陪 同下的年轻男子。 Station St 16号(图片来源:RealEstate) 不过,Currie也指出,随着市场预期澳联储将在接下来一周降息,虽然部分买家变 得谨慎,但拍出高出 底价29.5万澳元的结果,显然也说明部分人认为现在正是入市的好时机。 而在Ferntree Gully,另一场拍卖同样爆出冷门,令卖家和中 ...
德意志银行经济学家Matthew Luzzetti:预计今年十二月将迎来首次降息。
news flash· 2025-05-07 18:27
德意志银行经济学家Matthew Luzzetti:预计今年十二月将迎来首次降息。 ...
债市横盘!普通人还有必要坚持吗?
Sou Hu Cai Jing· 2025-04-30 10:09
债市已经横盘大半个月了。 在今年4月初的快速下行后,10年国债收益率从4月7日至今,一直在1.65%上下窄幅波动,始终未更近一步,突破1.6%。 今年以来10年国债到期收益率 关税冲击的不确定性和对"降准降息"的预期,是之前债市快速上涨的主要助推因素。 而多空双方的纠结,或许是近期债市保持震荡的原因。 为什么看多债市? 中美贸易摩擦、关税冲击产生的避险需求; 资金面宽松确定性较强(对降准降息有较强预期); 基本面回升幅度可能放缓。 为什么看空债市? 美国撤销关税制裁,贸易摩擦可能缓和; 降准降息可能推迟; 基本面回升幅度超出预期。 有没有发现?多空双方似乎都说的是同一件事,只是观点和预期不同。 这也反映了债市面临的不确定性依然很大,主要因为关税博弈、稳增长政策以及降准降息何时落地等都存在很多变数。 形势没有进一步明朗前,债市或将保持震荡。 那么债基还值不值得买? 当我们跳出短期涨跌,以长期视角来衡量,债市或许仍然是资产配置中的重要拼图。 以代表纯债型基金整体收益水平的万得纯债型基金总指数为例,从2007年到2025年,每一年均都是正收益。 数据来源:Wind,数据截止日期:20250416 从2007年到20 ...
What to Expect From These 4 Insurers This Earnings Season?
ZACKS· 2025-04-29 14:01
The insurance industry is expected to have benefited on rate increases, strong retention rates, new business growth, an active merger and acquisition (M&A) strategy and ongoing technological advancements in the first quarter of 2025. However, interest rate cuts, an active catastrophe environment and continued inflationary pressures are likely to have dampened overall growth prospects for insurers. Some of the insurers, including The Allstate Corporation (ALL) , Aflac Incorporated (AFL) , Prudential Financia ...
AU Stock Soars 87% YTD: Too Hot to Handle or a Golden Opportunity?
ZACKS· 2025-04-23 16:20
Core Viewpoint - AngloGold Ashanti PLC (AU) has seen a significant stock appreciation of 86.9% year to date, outperforming the Zacks Mining - Gold industry's 53.8% rise, while the Basic Materials sector has only risen by 0.9% and the S&P 500 has declined by 12.6% in the same period [1][3]. Performance Summary - The AU stock closed at $43.14, which is 8% below its 52-week high of $46.90 reached on April 16, 2025 [3]. - The stock has outperformed major gold mining peers such as Newmont Corporation (NEM), Kinross Gold (KGC), and Barrick Gold Corporation (GOLD), which have seen stock increases of 46.9%, 58.8%, and 29% respectively this year [3][4]. Technical Indicators - AU has been trading above the 200-day simple moving average (SMA) since January 14, 2025, and is also above the 50-day SMA, indicating a bullish trend [5][7]. Drivers of Stock Surge - Rising gold prices have contributed significantly, with gold gaining 26% year to date, influenced by tariff tensions and geopolitical uncertainties. Gold briefly reached a record high of $3,500 before settling at $3,370 per ounce [10]. - The completion of the Centamin acquisition in November 2024 has added a significant asset to AngloGold Ashanti's portfolio, with the potential to produce 500,000 ounces annually [12]. - The company reported mineral reserves of 31.2 million ounces at the end of 2024, with a low adjusted net debt to adjusted EBITDA ratio of 0.21, the lowest since 2011 [13]. Financial Performance - In 2024, AngloGold Ashanti's total gold production was 2.661 million ounces, with a gold income increase of 27% to $5.67 billion, driven by a 24% rise in average gold prices [15]. - Total cash costs per ounce rose by 4% year-over-year to $1,157, while all-in-sustaining costs (AISC) also increased by 4% to $1,611 per ounce [16][17]. - Free cash flow surged to $942 million in 2024 from $109 million in 2023, with earnings per share reaching $2.21 compared to a loss of 11 cents in 2023 [18]. Future Projections - Gold production for 2025 is projected to be between 2.9 million and 3.225 million ounces, indicating a year-over-year growth of 9-21% [19]. - The Zacks Consensus Estimate for AU's 2025 sales is $7.27 billion, suggesting a 25.5% year-over-year growth, with earnings expected to grow by 12.7% [20]. Valuation Insights - AngloGold Ashanti is currently trading at a forward 12-month earnings multiple of 17.34X, which is above the industry average of 16.88X and higher than its five-year median [24]. - The average price target for AU suggests a potential decline of 12.4% from its last closing price, with the highest target indicating a dip of 2.6% [30]. Strategic Developments - The proposed joint venture with Gold Fields to combine their Tarkwa and Iduapriem gold mines is currently on hold due to pending approvals from the Ghana government, which could impact future production and cost efficiencies [32][34].
Take the Zacks Approach to Beat the Markets: Pro-Dex, Brookdale Senior Living, Coca-Cola in Focus
ZACKS· 2025-04-21 13:15
Market Overview - The three major U.S. indexes, Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, experienced declines of 3.24%, 2.3%, and 3.41% respectively in the holiday-shortened trading week, driven by fears of economic slowdown and rising inflation due to trade tensions between the U.S. and China [1] - Consumer sentiment in April dropped to 50.8, the lowest since June 2022, primarily due to inflation concerns [2] - The core Producer Price Index (PPI) rose by 0.3%, indicating persistent price pressures, while the PPI for final demand decreased by 0.4% in March [2] Federal Reserve Insights - Federal Reserve Chair Jerome Powell indicated a need for more clarity before making policy adjustments, suggesting a delay in interest rate cuts, with market expectations leaning towards a rate decrease in December [3] - The ongoing trade war and potential inflation increases are expected to negatively impact job creation and business confidence [3] Zacks Performance and Recommendations - Brookdale Senior Living Inc. (BKD) shares increased by 14.7% since being upgraded to Zacks Rank 2 (Buy) on February 20, contrasting with a 14.2% decrease in the S&P 500 [4] - The Bank of East Asia, Limited (BKEAY) also saw a 3.9% return since its upgrade to Zacks Rank 2 on February 20 [5] - A hypothetical portfolio of Zacks Rank 1 (Strong Buy) stocks returned -3.48% in January 2025, compared to -0.60% for the S&P 500 [5] Zacks Model Portfolio Performance - The Zacks Model Portfolio, consisting of Zacks Rank 1 stocks, has outperformed the S&P 500 index by nearly 13 percentage points since 1988, with an annualized average return of +23.9% compared to +11.3% for the S&P 500 [7] - The Zacks Focus List portfolio returned -2.96% in Q1 2025, outperforming the S&P 500's -4.30% decline [12] - The Earnings Certain Admiral Portfolio (ECAP) returned +3.20% in Q1 2025, significantly better than the S&P 500's -4.30% decline [16] Stock Highlights - Pro-Dex, Inc. (PDEX) shares surged by 68.6% since its Zacks Recommendation upgrade to Outperform on March 4 [8] - Coca-Cola Company (KO) returned 17% over the past 12 weeks, while J. M. Smucker Company (SJM) increased by 12.6% during the same period [18] - Primo Brands Corporation (PRMB) rose by 9% year-to-date, outperforming the S&P 500 index's 10.2% decrease [22]
Provident Financial Services(PFS) - 2024 Q4 - Earnings Call Transcript
2025-01-29 15:00
Provident Financial Services (PFS) Q4 2024 Earnings Call January 29, 2025 10:00 AM ET Company Participants Adriano Duarte - Executive VP, Chief Accounting Officer & Investor Relations OfficerAnthony Labozzetta - President & CEOThomas M. Lyons - Senior EVP & CFOMark Fitzgibbon - Head of FSG ResearchTim Switzer - Vice PresidentFeddie Strickland - Director Conference Call Participants Billy Young - AnalystManuel Navas - MD & Senior Research Analyst Operator Good morning, and welcome everyone to the Provident F ...