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What happened to Scottish Mortgage? Once Britain’s best loved fund, investors are nursing big losses

scottish mortgage Scottish Mortgage investment trust has never been a fund for the faint-hearted. The objective of the 115-year-old fund, which is worth around £10bn at today’s valuation, is to find and back high-growth companies that its managers believe have the greatest chance of …

EODHD | 19 January 2024

Red Sea Dangers Delay Saudi and Iraqi Oil Export as Ships Divert

(Bloomberg) -- Oil deliveries from Saudi Arabia and Iraq totaling almost 9 million barrels are delayed as tankers switch routes to travel the longer way around Africa, rather than transiting the Red Sea. Most Read from Bloomberg YouTube and Spotify Won’t Launch Apple Vision …

EODHD | 19 January 2024

Energy supplier with worst ranking revealed

UK households are still dealing with high energy bills. (Yui Mok, PA Images) British Gas (CNA.L) came last in a survey of over 9,000 customers regarding service satisfaction, as consumer body Which? urges firms to do better amid high energy bills. British Gas, which …

EODHD | 19 January 2024

Nel ASA: Receives purchase order for 10 MW of electrolyser equipment from Samsung C&T

OSLO, Norway, Jan. 19, 2024 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA(Nel), (OSE:NEL), has signed a contract for 10 MW of alkaline electrolyser equipment for about EUR 5 million with Samsung C&T Corporation Engineering & Construction Group ('Samsung C&T') for …

EODHD | 19 January 2024

The past three years for AO World (LON:AO.) investors has not been profitable

As an investor, mistakes are inevitable. But you have a problem if you face massive losses more than once in a while. So spare a thought for the long term shareholders of AO World plc (LON:AO.); the share price is down a whopping 75% …

EODHD | 19 January 2024

Altium's (ASX:ALU) investors will be pleased with their strong 106% return over the last five years

When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. To wit, the Altium share price has climbed 94% in five years, easily topping the …

EODHD | 18 January 2024

Whitehaven Considers Sale of 20% of Coal Mine to Steel Producers

(Bloomberg) -- Whitehaven Coal Ltd. is studying options to sell a 20% stake in the Blackwater mine to global steelmakers as it works to finalize a $3.2 billion deal for two Australian assets. Most Read from Bloomberg Blinken’s Return From Davos Was Delayed After …

EODHD | 18 January 2024

3 EV Stocks Poised to Be Portfolio Outperformers in 2024

Amidst high inflation, interest rates, and reduced EV demand, the U.S. market recorded a record 1.2 million EV sales in 2023. However, Chinese EV producers came out ahead, reporting stellar numbers and leading the way in terms of market share. For cost-conscious investors, exploring …

EODHD | 18 January 2024

Energy Fuels (UUUU) Stock Slides as Market Rises: Facts to Know Before You Trade

The most recent trading session ended with Energy Fuels (UUUU) standing at $7.60, reflecting a -0.78% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.88%. Elsewhere, the Dow gained 0.54%, while the tech-heavy …

EODHD | 18 January 2024

TransAlta (TAC) Stock Slides as Market Rises: Facts to Know Before You Trade

In the latest trading session, TransAlta (TAC) closed at $7.50, marking a -0.79% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.88%. At the same time, the Dow added 0.54%, and the tech-heavy Nasdaq gained …

EODHD | 18 January 2024
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