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Is Bangladesh’s current $42bn forex reserve safe enough?

Is Bangladesh's current $42bn forex reserve safe enough?

Policymakers, leading macroeconomists and Bangladesh Bank are saying that the decline of COVID-19 cases was met with a global hike at the prices of commodities as the Russia-Ukraine war caused the production and supply costs to go up. Alongside this, a decline in remittances compared to last year’s inflow has caused concerns. High imports caused … Read more

Playa Hotels & Resorts (NASDAQ:PLYA) Major Shareholder Buys $47,120.00 in Stock – MarketBeat

Playa Hotels & Resorts logo

Playa Hotels & Resorts (NASDAQ:PLYA – Get Rating) major shareholder Financial Co Ltd. Sagicor acquired 6,200 shares of the firm’s stock in a transaction dated Wednesday, May 25th. The stock was bought at an average price of $7.60 per share, for a total transaction of $47,120.00. Following the acquisition, the insider now owns 10,751,451 shares … Read more

GMB has take 6 000 tonnes of maize deliveries

GMB has take 6 000 tonnes of maize deliveries

MORE than 6 000 tonnes of maize have been delivered to the Grain Marketing Board (GMB) during the first two months of this year’s marketing season. Deliveries are expected to increase significantly in the coming weeks as mobile buying points are deployed near farming communities. Farmers who deliver grain early are entitled to 30 percent … Read more

Vista Outdoor Inc. (NYSE:VSTO) CEO Christopher T. Metz Sells 100,000 Shares – MarketBeat

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Vista Outdoor Inc. (NYSE:VSTO – Get Rating) CEO Christopher T. Metz sold 100,000 shares of the stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $37.65, for a total value of $3,765,000.00. Following the transaction, the chief executive officer now owns 266,461 shares in the … Read more

Buoyed by Ukraine war, defense stocks escape worst of market slump – Global Circulate

Buoyed by Ukraine war, defense stocks escape worst of market slump - Global Circulate

One good defense in this tough market may well be … defense. Lockheed Martin Corp., Northrop Grumman Corp. and other makers of military gear have avoided the worst of the broader stock market’s recent seven-week rout, beating the S&P 500 amid a pullback in consumer spending, tightening monetary policy and concern about a potential recession. … Read more

$2.87 EPS Expected for Packaging Co. of America (NYSE:PKG) This Quarter – MarketBeat

Packaging Co. of America logo

Equities analysts expect Packaging Co. of America (NYSE:PKG – Get Rating) to report $2.87 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Packaging Co. of America’s earnings, with the lowest EPS estimate coming in at $2.84 and the highest estimate coming in at $2.91. Packaging … Read more

Amazon Shareholders Approve 20-for-1 Stock Split. Here's What Investors Should Know. – The Motley Fool

Amazon Shareholders Approve 20-for-1 Stock Split. Here's What Investors Should Know. - The Motley Fool

Amazon‘s (AMZN 3.66%) much-anticipated stock split will take place on June 3. Shareholders approved the 20-for-1 stock split at the company’s annual meeting on May 25.  If you’re wondering how Amazon’s stock split will impact your portfolio, below is a crash course on how stock splits work. Image source: Getty Images. Behind the scenes of … Read more

Elon Musk Asks Jeff Bezos to Make an Important Choice – TheStreet

Elon Musk Asks Jeff Bezos to Make an Important Choice - TheStreet

Elon Musk has advice for Jeff Bezos.  The two tech moguls are respectively the richest man in the world and the second richest man in the world.  At one point they both gave the impression that they did not agree on anything and especially that they were opposed to each other. But for the past … Read more

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) Sees Large Drop in Short Interest – MarketBeat

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CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS – Get Rating) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 2,660,000 shares, a drop of 40.8% from the April 30th total of 4,490,000 shares. Currently, 2.6% of the company’s stock are short sold. Based on … Read more

Short Interest in Aberdeen Income Credit Strategies Fund (NYSE:ACP) Drops By 41.1% – Defense World

Short Interest in Aberdeen Income Credit Strategies Fund (NYSE:ACP) Drops By 41.1% - Defense World

Aberdeen Income Credit Strategies Fund (NYSE:ACP – Get Rating) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 171,900 shares, a decline of 41.1% from the April 30th total of 291,800 shares. Based on an average daily trading volume, of 119,300 shares, the … Read more