Key Details
Last Dividend
$0.01Annual Revenue
$37.13 BAnnual EPS
-$1.99Annual ROE
-25.23%Beta
-Events Calendar
Next earnings date:
N/ARecent quarterly earnings:
Feb 15, 2023Recent annual earnings:
May 12, 2022Next ex-dividend date:
N/ARecent ex-dividend date:
July 14, 2016Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
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Jaguar has unveiled its new electric car that will be built in the UK and act as a "prelude to a future generation of Jaguars that will recapture the spirit and essence of the brand at its best". The Jaguar Type 00 will be an electric four‑door GT – with first production-ready models to be revealed in late 2025.
A ban on hybrid car sales could be pushed back as ministers and carmakers clash over rules designed to phase out petrol and diesel models in the coming years. Britain's Labour government has previously pledged to restore the deadline for polluting car sales, including hybrids, to 2030 after the Conservatives delayed the date to 2035.
Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has the diamond drill spinning in a 10,000-metre campaign at the Linderos Copper Project in Ecuador as earn-in partner Hanrine, a wholly owned subsidiary of Hancock Prospecting, marches toward a 30% interest and eventually 80%. One diamond drill rig is in operation with a second rig set to begin in the coming weeks to expedite the program, which the company anticipates could be completed in the second quarter of 2025, giving Hanrine an additional 25%. Drilling began earlier this month, less than two months after Titan’s wholly owned subsidiary, Linderos Mining S.A.S. executed a joint venture and earn-in agreement with Hanrine Ecuadorian Exploration and Mining S.A. This will see Hanrine, which is fully funding and managing exploration activities, earn up to 80% in Linderos by achieving exploration milestones and proceeding to a decision to mine or sole funding up to US$120 (A$180) million. Hanrine has already passed the first earn-in milestone for an initial 5% interest by making a US$2 million cash payment to Titan and can earn an additional 21% interest for 51% by completing a further 15,000 metres of drilling following the current campaign. Titan Minerals southern Ecuador projects, neighbouring projects and surrounding infrastructure. Drilling is testing lateral and depth extensions at the Copper Ridge porphyry prospect, where Titan’s previously completed drilling defined copper porphyry mineralisation from shallow depths over an area of ~1000 metres east x 800 metres north x 400 metres depth. Titan’s CEO Melanie Leighton said: “We are excited that drilling is underway and look forward to delivering results from lateral and depth extensions to porphyry copper mineralisation previously defined at Linderos by Titan’s exploration activities. "We are very encouraged by Hanrine’s desire to commence exploration activities in such a timely manner, with drilling underway less than two months after execution of the joint venture and earn-in agreement. “This is a testament to Hanrine’s well-credentialed Ecuadorian team and to their commitment in maintaining their leadership position in Ecuador’s emerging mining industry.” Linderos Project displaying regional magnetics, soil sample geochemistry and exploration targets. Previous drilling delivered a best result of 308 metres at 0.4% copper equivalent (CuEq) from 54 metres, including 76 metres at 0.5% Cu Eq from 132 metres. Encouraging potential for higher-grade copper mineralisation is supported by intersections including 76 metres at 0.5% Cu Eq from 132 metres and 22 metres at 0.5% Cu Eq from 524 metres. Evidence suggests that the porphyry copper system could be significantly larger than that currently defined by drilling, with six out of eight of Titan’s drill holes ending in porphyry copper mineralisation. An Induced Polarisation geophysical survey also highlights a 2-kilometre porphyry alteration footprint, which is a substantially larger area than currently tested by drilling. "We are extremely pleased to be partnered with Hanrine, a company that is motivated to fully explore and develop the Linderos Project, which we believe has the potential to host a porphyry copper deposit of global significance,” Leighton added. "We look forward to providing updates as drilling and associated activities progress at Linderos.” Scott Bessent’s appointment as Treasury Secretary suggests a balanced approach to Trump’s controversial trade policies, analysts at Deutsche Bank believe. While supportive of tariffs as a negotiating tool, Bessent advocates for a measured and gradual implementation strategy, potentially tempering the administration’s more aggressive trade stances. For instance, he has proposed increasing tariffs on China incrementally to mitigate economic disruptions. Bessent supports using tariffs strategically to boost Treasury revenue, revitalize domestic production, and reduce reliance on industrial output from strategic rivals, aligning with Trump's reshoring priorities. A proponent of reducing federal budget deficits, Bessent has outlined a vision to cut deficits to 3% of GDP, primarily through economic growth driven by deregulation and expanded oil production. However, his support for extending the Tax Cuts and Jobs Act (TCJA) and opposition to cuts in mandatory spending, such as Medicare and Social Security, pose challenges to achieving those targets. Bessent has also criticized current Treasury debt management practices, particularly former Treasury Secretary Janet Yellen’s strategy of issuing shorter-duration debt to lower borrowing costs. Bessent’s stance on the Federal Reserve could also shape economic policy. While he has expressed concerns about undermining Fed independence, Deutsche Bank noted he has floated ideas such as early Fed chair nominations or creating a “shadow” chair to influence market expectations. Despite these remarks, his extensive experience in global markets may lead him to advocate for a lighter touch, particularly to avoid destabilizing bond markets. “With inflation still elevated and deficits projected to remain large, challenging Fed independence would risk a return of bond market vigilantes,” Deutsche Bank analysts noted, adding that such a scenario could complicate Bessent’s goals of reducing debt issuance costs. Bessent’s nomination is expected to reassure markets of a pragmatic approach to economic policy, analysts believe, balancing Trump’s bold campaign promises with strategic implementation. While challenges remain, including managing elevated inflation and historically high budget deficits, analysts anticipate that Bessent’s expertise will provide steadiness during a period of significant policy shifts.
Purchase price for this transaction is approximately $18.75 million NEW YORK, NY / ACCESSWIRE / November 6, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced it has executed a definitive agreement to acquire the previously announced millwork, cabinetry, and door manufacturer based in Las Vegas, Nevada (the "Target"). The Target reported unaudited revenue of $29.4 million and approximately $5.7 million in net income for the year ended December 31, 2023.
German conglomerate Thyssenkrupp on Friday lost its fight against a European Union antitrust veto five years ago of its proposed joint venture with Tata Steel , which was aimed at creating Europe's second-largest steelmaker.
Analog Devices (ADI) and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the U.S. chipmaker said on Wednesday.
Tata Motors stock has done well this year as it outperformed most automakers. The stock soared to a record high of ₹1,180 in July, up by over 1,800% from its lowest point in 2020.
Agreement Supports India's Medium Transport Aircraft Program and New Maintenance Facility DELHI, India , Sept. 10, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Tata Advanced Systems Limited have entered into a teaming agreement to expand upon the companies' business relationship through the C-130J Super Hercules tactical airlifter.
One is thriving, and the other one is in not doing too well. Tata Consultancy Services (TCS) share price is doing well as it sits at its all-time high.
Some £13.5 million is set to be paid out to workers and suppliers affected by the closure of two blast furnaces at Tata Steel's Port Talbot site. This will be the first payment from a £100 million fund to aid those hit by Tata's restructuring, which is set to cost 2,800 jobs.
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