logo
Ukraine looks to jointly produce weapons with allies, while US halts some shipments

Ukraine looks to jointly produce weapons with allies, while US halts some shipments

Yahoo3 days ago
KYIV, Ukraine (AP) — Ukraine is forging ahead with embryonic plans for joint weapons production with some of its international allies, top officials said, while the U.S. announced it was halting some arms shipments promised to help Ukraine fight off Russia.
Those plans come at what appears to be a key point in the all-out war launched by Moscow nearly 3½ years ago. A renewed Russian push to capture more Ukrainian land has put Ukraine's short-handed defenses under severe strain, and Russian missiles and drones are battering Ukrainian cities. U.S.-led diplomatic efforts to find a peace settlement, meanwhile, have stalled.
As Washington has distanced itself under U.S. President Donald Trump from Ukraine's war efforts, a bigger onus has fallen on European countries to pressure Russia.
French President Emmanuel Macron and Russian President Vladimir Putin on Tuesday held their first direct telephone call in almost three years. Macron's office said that during their two-hour conversation, the French leader underlined France's 'unwavering support for Ukraine's sovereignty and territorial integrity' and called for a ceasefire.
Ukraine President Volodymyr Zelenskyy said that officials are preparing with a sense of urgency for upcoming meetings with European Union countries and other partners to talk about cooperation in weapons manufacturing.
'One of the key topics will be weapons production – our joint investments, joint projects,' Zelenskyy said in his daily address on Tuesday evening.
Defense Minister Rustem Umerov announced that draft legislation on joint weapons production with international allies is expected to be put to a vote in the Ukrainian parliament later this month. The proposed laws were shown to national defense companies on Tuesday, Umerov said.
The program includes plans to create a special legal and tax framework to help Ukrainian defense manufacturers scale up and modernize production, including building new facilities at home and abroad, according to Umerov.
Earlier this week, German Foreign Minister Johann Wadephul said during a visit to Kyiv that Germany aims to help Ukraine manufacture more weapons more quickly. He was accompanied on the trip by German defense industry representatives.
The U.S. is halting some weapons deliveries to Ukraine out of concern that its own stockpiles have declined too far, officials said Tuesday. Certain munitions were longer-term commitments promised to Ukraine under the Biden administration, though the Defense Department didn't provide details on what specific weapons were being held back.
Ukraine's Foreign Ministry summoned the U.S. chargé d'affaires, John Hinkel, on Wednesday to discuss ongoing defense cooperation.
Deputy Foreign Minister Maryana Betsa thanked the U.S. for its continued support, but emphasized the 'critical importance' of maintaining previously allocated defense packages, especially for bolstering Ukraine's air defense.
Kremlin spokesman Dmitry Peskov said that the Pentagon's decision will help bring a settlement closer, because "the fewer weapons supplied to Ukraine, the closer the end of the (war) is.'
The United States has been Ukraine's biggest military backer since Russia launched its full-scale invasion of its neighbor on Feb. 24, 2022. Under Trump, there have been no new announcements of U.S. military or weapons aid to Ukraine.
Between March and April, the United States allocated no new aid to Ukraine, according to Germany's Kiel Institute, which tracks such support.
For the first time since June 2022, European countries surpassed the U.S. in total military aid, totaling 72 billion euros ($85 billion) compared with 65 billion euros ($77 billion) from the U.S., the institute said last month.
Washington's latest decision could remove some of the most formidable weapons in Ukraine's battlefield arsenal.
Analysts say Ukraine's European allies can fill some of the gaps and provide artillery systems. But they don't possess alternatives to the U.S.-made HIMARS missiles and air defense systems, especially Patriots, which are crucial to help defend Ukrainian cities from Russian air attacks.
It's not clear how much weaponry Ukraine possesses or what its most urgent needs are.
___
Follow AP's coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Halma plc (LON:HLMA) is a favorite amongst institutional investors who own 84%
Halma plc (LON:HLMA) is a favorite amongst institutional investors who own 84%

Yahoo

time32 minutes ago

  • Yahoo

Halma plc (LON:HLMA) is a favorite amongst institutional investors who own 84%

Institutions' substantial holdings in Halma implies that they have significant influence over the company's share price 47% of the business is held by the top 25 shareholders Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A look at the shareholders of Halma plc (LON:HLMA) can tell us which group is most powerful. The group holding the most number of shares in the company, around 84% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about Halma. View our latest analysis for Halma Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that Halma does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Halma's earnings history below. Of course, the future is what really matters. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Halma. The company's largest shareholder is BlackRock, Inc., with ownership of 9.0%. The Vanguard Group, Inc. is the second largest shareholder owning 5.0% of common stock, and FMR LLC holds about 3.5% of the company stock. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our data suggests that insiders own under 1% of Halma plc in their own names. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own UK£9.4m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a 14% stake in Halma. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It's always worth thinking about the different groups who own shares in a company. But to understand Halma better, we need to consider many other factors. I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Volex's (LON:VLX) Upcoming Dividend Will Be Larger Than Last Year's
Volex's (LON:VLX) Upcoming Dividend Will Be Larger Than Last Year's

Yahoo

time32 minutes ago

  • Yahoo

Volex's (LON:VLX) Upcoming Dividend Will Be Larger Than Last Year's

The board of Volex plc (LON:VLX) has announced that it will be paying its dividend of $0.03 on the 5th of September, an increased payment from last year's comparable dividend. This takes the annual payment to 1.2% of the current stock price, which unfortunately is below what the industry is paying. While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Volex's stock price has increased by 87% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Before making this announcement, Volex was easily earning enough to cover the dividend. This means that most of what the business earns is being used to help it grow. Looking forward, earnings per share is forecast to rise by 12.1% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 18% by next year, which is in a pretty sustainable range. View our latest analysis for Volex It is great to see that Volex has been paying a stable dividend for a number of years now, however we want to be a bit cautious about whether this will remain true through a full economic cycle. Since 2019, the annual payment back then was $0.0241, compared to the most recent full-year payment of $0.0614. This means that it has been growing its distributions at 17% per annum over that time. Volex has been growing its dividend quite rapidly, which is exciting. However, the short payment history makes us question whether this performance will persist across a full market cycle. The company's investors will be pleased to have been receiving dividend income for some time. We are encouraged to see that Volex has grown earnings per share at 21% per year over the past five years. A low payout ratio gives the company a lot of flexibility, and growing earnings also make it very easy for it to grow the dividend. In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. Earnings are easily covering distributions, and the company is generating plenty of cash. All of these factors considered, we think this has solid potential as a dividend stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. You can also discover whether shareholders are aligned with insider interests by checking our visualisation of insider shareholdings and trades in Volex stock. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Richard Tyson Bought 134% More Shares In Oxford Instruments
Richard Tyson Bought 134% More Shares In Oxford Instruments

Yahoo

time42 minutes ago

  • Yahoo

Richard Tyson Bought 134% More Shares In Oxford Instruments

Investors who take an interest in Oxford Instruments plc (LON:OXIG) should definitely note that the CEO & Director, Richard Tyson, recently paid UK£19.04 per share to buy UK£151k worth of the stock. That certainly has us anticipating the best, especially since they thusly increased their own holding by 134%, potentially signalling some real optimism. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Notably, that recent purchase by Richard Tyson is the biggest insider purchase of Oxford Instruments shares that we've seen in the last year. That implies that an insider found the current price of UK£20.05 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices. While Oxford Instruments insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! Check out our latest analysis for Oxford Instruments There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.8% of Oxford Instruments shares, worth about UK£20m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Oxford Instruments shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Oxford Instruments. Case in point: We've spotted 2 warning signs for Oxford Instruments you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $359.72 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store