It’s been a tough year for International Consolidated Airlines Group (LSE: IAG). Being part of the aviation industry, it has seen consumer demand fall through the floor since the end of Q1. Even with some national lockdown restrictions lifted, reports show that demand for air travel is nowhere near where it needs to be for airlines to be optimistic. As a result, the IAG share price sits below 100p, having started the year above 250p.
In the latest development, the boss of British Airways (owned by IAG) is leaving with immediate effect. Alex Cruz’s departure follows Willie Walsh announcing he’s stepping down as head of the group shortly. The IAG share price has been choppy in the aftermath of the Cruz news, with it closing down 4% yesterday.
A share price reflecting reality
In a perfect world, the share price of a firm would reflect all public and private information
Major investors and super funds will lead a push for the private sector to make much deeper cuts in national greenhouse gas emissions by 2030 than planned by the Morrison government, including setting a target based on what scientists say is necessary.
The newly created “climate league 2030” is calling on investors, insurers, banks and companies to sign up to a goal of reducing national emissions by at least 230m tonnes a year more than the government forecasts by 2030.
It is equivalent to about a 45% cut by 2030 compared with the 2005 benchmark used by the government – the minimum short-term target recommended by the government’s Climate Change Authority for Australia to play its part in keeping average global heating below 2C. They say action is needed now to put the country on a path to net zero emissions by
Charles Schwab has earned the highest ranking in Investor’s Business Daily’s Most Trusted Financial Companies study, with a trust rating of 92.3. In addition to being ranked the No. 1 overall most trusted financial company and No. 1 in the online broker category, Schwab was also ranked No. 1 for fair pricing and fees, customer service, and customer treatment within the online broker category. Schwab also ranked No. 2 in the wealth management category, with a trust rating of 89.2.
“We are honored that our clients, employees, and communities place such high trust in us every day,” said Walt Bettinger, president and CEO of Charles Schwab. “At Schwab, we look at the world Through Clients’ Eyes and keep that perspective at the heart of everything we do. We are committed to earning the trust and loyalty of those we serve by focusing on our ‘no trade-offs’ approach – delivering a
LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming December 4, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Precigen, Inc. (“Precigen” or the “Company”) f/k/a Intrexon Corporation (“Intrexon”) (NASDAQ: PGEN, XON) securities between May 10, 2017 and September 25, 2020,inclusive (the “Class Period”).
If you suffered a loss on your Precigen investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/precigen-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] or visit our website at www.glancylaw.com to learn more about your rights.
On September 25, 2020, the U.S. Securities and Exchange Commission (“SEC”) announced a $2.6 million civil penalty against
BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith reminds investors of the upcoming December 1, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Credit Acceptance Corporation (“Credit Acceptance” or the “Company”) (NASDAQ: CACC) common stock between November 1, 2019 and August 28, 2020,inclusive (the “Class Period”).
Investors suffering losses on their Credit Acceptance investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected]
On Friday, August 28, 2020, the Massachusetts Attorney General (“AG”) filed a complaint against Credit Acceptance alleging that the Company made unfair and deceptive auto loans to consumers and engaged in unfair debt collection practices. Among other things, the complaint alleged that, since 2013, Credit Acceptance topped off the pools of
LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Mesoblast Limited (“Mesoblast” or “the Company”) (NASDAQ: MESO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between April 16, 2019 and October 1, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before December 7, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected]
The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.
Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected]
Fennec Pharmaceuticals Inc. Class Period: February 11, 2020 – August 10, 2020 Lead Plaintiff Deadline: November 2, 2020
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the manufacturing facilities for PEDMARK, the Company’s sole product candidate, did not comply with current
LOS ANGELES, Oct. 12, 2020 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.
Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected].
Eastman Kodak Company (NYSE: KODK ) Class Period: July 27, 2020 – August 7, 2020 Lead Plaintiff Deadline: October 13, 2020
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that the Company had granted its
It is sometimes hard for investors to commit to ASX shares with eyewatering valuations. Buying ASX shares that are value orientated can feel more tangible with the added benefit of dividends. Here are two cheap ASX shares for those who like to stick to the fundamentals.
2 ASX shares I think are ideal for value investors
1. Bell Financial Group Ltd (ASX: BFG)
Bell Financial Group is an Australia-based provider of stockbroking investment and financial advisory services to private, institutional and corporate clients. Across its companies, Bell Potter Securities, Bell Potter Capital and Third Party Platform, it services over 600,000 clients with funds under advice exceeding $58.4 billion.
In the company’s half year announcement on 12 August, it announced a 7.4% increase in revenue to $129.6 million, a profit after tax of $23.5