Latest news with #2.8


USA Today
5 days ago
- Sport
- USA Today
Philadelphia Phillies at Houston Astros odds, picks and predictions
The Philadelphia Phillies (47-33) visit the Houston Astros (47-33) Thursday in the finale of a 3-game series. First pitch from Daikin Park is set for 2:10 p.m. ET. Let's analyze BetMGM Sportsbook's MLB odds around the Phillies vs. Astros odds and make our expert MLB picks and predictions for the best bets. Season series: Astros lead 2-0 After losing 1-0 in the Tuesday opener, the Phillies fell 2-0 to the Astros Wednesday. Philadelphia had won 4 of its previous 5 games entering this series. It sits atop the NL East and is 41-39 against the spread (ATS) on the season. The Astros, who are No. 1 in the AL West, are 6-2 over their last 8. Wednesday's victory marked the second time they have shut out an opponent in back-to-back games. Houston has won 7 straight at home and is 38-42 ATS on the season. Phillies at Astros projected starters LHP Cristopher Sanchez vs. RHP Hunter Brown Sanchez (6-2, 2.87 ERA) makes his 16th start. He has a 1.19 WHIP, 2.9 BB/9 and 9.4 K/9 through 87 2/3 innings. Brown (8-3, 1.88 ERA) makes his 16th start. He has a 0.92 WHIP, 2.8 BB/9 and 10.8 K/9 through 91 innings. Win your fantasy baseball league with For decades, BHQ has been helping players just like you win! BHQ offers full-season subscriptions. Sign up today and start winning! Phillies at Astros odds Provided by BetMGM Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated at 10:07 a.m. ET. Phillies at Astros picks and predictions Astros 4, Phillies 2 Moneyline BET ASTROS (-145). Philadelphia is 0-2 after dropping the first 2 games of a road series. The offense hasn't found much traction, scoring 4 runs or fewer in 6 of the last 8. That slump likely continues against Brown. The Astros have won Brown's last 5 starts and have been rolling at home, winners of 7 straight at Daikin Park. Considering those trends, back ASTROS (-145). Run line/Against the spread PASS. The Phillies (-185) are too expensive to play here as road underdogs, while the Astros (+150) aren't worth the risk as run-line favorites. Over/Under BET UNDER 7 (-110). The Astros are 1-3 O/U in Brown's last 4 starts and 2-3 O/U in their last 5 contests. Philadelphia has gone Under in 3 straight and in 5 of its last 7. It is 0-3 O/U in Sanchez's last 3 performances. Back UNDER 7 (-110). Play our free daily Pick'em Challenge and win! Play now! For more sports betting picks and tips, check out and BetFTW. Follow SportsbookWire on Twitter/X and like us on Facebook.
Yahoo
23-06-2025
- Business
- Yahoo
1 Stock Under $50 with Solid Fundamentals and 2 to Ignore
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead. They also usually carry less risk than penny stocks, though they're not immune to volatility as many lack the scale advantages of their larger peers. These dynamics can cause headaches for even the most seasoned professionals, which is why we started StockStory - to help you separate the good companies from the bad. That said, here is one stock under $50 with massive upside potential and two that could be down big. Share Price: $38 Involved in the design of the Apple Store on Fifth Avenue in New York City, Apogee (NASDAQ:APOG) sells architectural products and services such as high-performance glass for commercial buildings. Why Does APOG Fall Short? Sales stagnated over the last five years and signal the need for new growth strategies Projected sales for the next 12 months are flat and suggest demand will be subdued Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 2.8 percentage points At $38 per share, Apogee trades at 9x forward P/E. To fully understand why you should be careful with APOG, check out our full research report (it's free). Share Price: $20.55 With technology that automatically adjusts insulin delivery based on continuous glucose monitoring data, Tandem Diabetes Care (NASDAQ:TNDM) develops and manufactures automated insulin delivery systems that help people with diabetes manage their blood glucose levels. Why Should You Sell TNDM? Disappointing pump shipments over the past two years suggest it might have to lower prices to accelerate growth Earnings per share fell by 42.6% annually over the last five years while its revenue grew, showing its incremental sales were much less profitable Limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholders Tandem Diabetes's stock price of $20.55 implies a valuation ratio of 34.6x forward EV-to-EBITDA. Read our free research report to see why you should think twice about including TNDM in your portfolio, it's free. Share Price: $34.08 Tracing its roots back to 1889 in Mississippi, Trustmark (NASDAQ:TRMK) is a financial services organization providing banking, wealth management, insurance, and mortgage services across five southeastern states. Why Are We Positive On TRMK? Decent 9.2% annual net interest income growth over the last four years beat most of its peers, showing borrowers find value in its loans Earnings growth has massively outpaced its peers over the last two years as its EPS has compounded at 9.5% annually Balance sheet strength has increased this cycle as its 20.2% annual tangible book value per share growth over the last two years was exceptional Trustmark is trading at $34.08 per share, or 1x forward P/B. Is now a good time to buy? See for yourself in our in-depth research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


Euronews
22-06-2025
- Business
- Euronews
Energy in Europe is also at stake as Israel-Iran tension escalates
Rising European energy prices are among the many risks of the current geopolitical crisis, which threatens to block one of the world's most important fuel shipping routes. Coupled with the trade war sparked by US tariffs, there are fears that the crisis may also drag down the global economy. The World Bank is expecting 2.3% growth for this year, after a 2.8% reading in 2024. Since Israel launched airstrikes against Iran's military and nuclear infrastructure on 13 June, oil prices have surged by more than 10% globally. High prices and supply disruptions, coupled with the implications of the trade war, are threatening to lower production globally. Markets are pricing in risks to the global oil and liquefied natural gas (LNG) supply. Iran is controlling the highly strategic Strait of Hormuz, through which one-third of global seaborne oil and one-fifth of global LNG shipments travel. If that gets blocked, prices could skyrocket beyond $100. Currently, a barrel of crude oil is traded for more than $75, and international Brent is around $77. 'I do not expect that the strait is going to be closed,' Dr. Yousef Alshammari, President of the London College of Energy Economics, said to Euronews Business. He added: 'It is simply because Iran needs the Strait of Hormuz open for ships to go through for its clients, India and China.' However, even when it is not closed, the passage has already impacted prices due to the risks associated with the crisis. Some oil tankers have refused to go through. According to the FT, the world's largest publicly listed oil tanker company Frontline said it would turn down new contracts to sail through the Strait of Hormuz. Meanwhile, 'insurance companies are likely to charge more currently, while Qatar is trying to delay its LNG shipments going through the Strait,' added Alshammari. Natural gas fields in the region are also attracting attention. Iran shares the largest natural gas field in the world, the South Pars field, with Qatar. The liquefied natural gas (LNG) coming from this region is vital for the rest of the world, including Europe. Inflation and businesses: How Europe is impacted Though the EU has adequate supplies of LNG at the moment, the bloc's dependence on global LNG makes it vulnerable to geopolitical shocks as it is lowering its dependence on Russian gas. As the market weighed the recent risk of supply disruptions, European gas prices climbed significantly. The primary benchmark for European gas prices, the Dutch TTF (Title Transfer Facility) rose to a three-month high, nearing €41/MWh Friday at midday in Europe. Europe's imports from Qatar are providing nearly 10% of its LNG needs. Other countries in the region, including Egypt, also export LNG to Europe. However, after the 7 October 2023 Hamas attack, Israel closed down part of its own production, forcing Egypt to stop LNG shipments and prompting a spike in European natural-gas prices. Europe currently has a number of natural gas suppliers. Norway was the top supplier of gas to the EU in 2024, providing over 33% of all gas imports. Other suppliers included the United States, Algeria, Qatar, the UK, Azerbaijan and Russia. The largest LNG importing countries in the EU include France, Spain, Italy, the Netherlands and Belgium. If shipments from Qatar are impacted, Belgium, Italy and Poland are the most impacted, as the country supplies 38-45% of their LNG imports, according to the Institute for Energy Economics and Financial Analysis (IEEFA). The good news is that demand for gas is usually at its lowest level in Europe at this time of the year. Even so, the hotter-than-usual weather across the bloc is boosting demand for cooling, which could increase the need for energy in the coming weeks. 'Spikes in energy prices push up inflation, and can have a knock-on effect on the central bank's policy,' Alshammari said. Central banks, including the US Fed and the Bank of England, have stopped short on cutting interest rates as the uncertainty is rising. If they see that inflation is more persistent in the near term, and that — in the case of the ECB and the BoE — the 2% target is floating away, further monetary tightening could squeeze the economy with higher costs for borrowing and investment. "As a result of the Ukraine War, there was a pivot from the EU in particular to get their liquefied natural gas, their LNG gas, not from Russia but from producers including Qatar,' Marco Forgione, Director General of the Chartered Institute of Export and International Trade, told Euronews. He added that anything constraining the transit of liquefied natural gas will have a quick impact on the EU, 'particularly in the manufacturing sector'. Oil demand is the highest in summer, partially due to industrial activity. But current supply constraints and higher prices could further squeeze manufacturing. For European businesses, who are already facing heightened trade tensions linked to US tariffs, facing the current complications is "like playing four-dimensional chess', Forgione said. He predicted that sudden spikes in oil prices and depressed shipping rates may result in significant consumer price increases, supply shortages, and shrinkflation. This is where a product shrinks in size but the price remains the same. Global market implications Iran's energy infrastructure is in the crosshairs of the conflict. The country is the ninth-largest oil producer globally. At full capacity, the country produces 3.8 million barrels of oil a day, according to the US Energy Information Administration. But due to Western sanctions, Iran's oil exports are mainly shipped to China and India. Iran exports 1.5 million barrels per day, providing 10% of China's oil imports. If the world's second-largest economy, China, is deprived of this import, it could impact its economy as it is forced to source this from elsewhere, meaning prices could skyrocket. The potential geopolitical consequences of the Iran-Israel conflict are leaving markets on edge, and it seems volatility is here to stay. Meanwhile, Europe's role in the conflict remains to be seen. 'My biggest worry is that it turns out to be a wider conflict, involving European countries, UK and France. This is the scenario that nobody wants to see happen,' added Alshammari.

Mint
21-06-2025
- Business
- Mint
The week in charts: Unemployment rises, Boeing totters, Apple's mojo fades
India's unemployment rate rose to 5.6% in May, with rural areas seeing a sharper rise. The tragic Air India crash has added to Boeing's struggles amid tough competition from rival Airbus. And the Israel-Iran conflict has caused oil prices to spike. Unemployment rises in urban rural India India's unemployment rate rose to 5.6% in May from 5.1% in April, according to the latest periodic labour force survey (PLFS) report released by the statistics ministry. The rise was on account of both rural and urban unemployment. Rural unemployment rose 60 basis points to 5.1%, while urban unemployment increased 40 basis points to 6.9%. The increase in joblessness could be attributed to seasonal patterns, especially in rural areas, where activity may pick up in June due to kharif sowing. Urban unemployment may need close monitoring. Also read: Last man in, first man out? Top execs prefer to stay than jump jobs Oil spikes amid conflict, but fuel has a buffer The escalating conflict between Israel and Iran has led to a surge in oil prices, with Brent crude futures currently hovering around $75 per barrel as opposed to a recent low of $64 per barrel average in May. While rising crude oil prices could impact India's growth and current account deficit, a significant impact on fuel prices is unlikely since the government has the buffer to cut excise duties on petrol and diesel. The recent trend shows petrol and diesel prices have remained stable despite volatility in crude oil prices. Wholesale inflation plunges to 14-month low 0.39%: That's India's wholesale inflation rate for May, a 14-month low, driven by falling prices of food, fuel and key manufacturing items. Wholesale food inflation dropped to 1.72%, with sharp deflation in vegetables, pulses and potatoes. This comes after retail inflation eased to a six-year low of 2.8%, signalling broad price stability. A favourable base, lower global commodity prices, and hopes of a normal monsoon are expected to keep inflation subdued in the coming months. Boeing's blues give Airbus the edge The recent Air India crash has added to Boeing's troubled run, which has severely hampered its operations and profitability. Between 2015 and 2025, Boeing saw 467 accidents and 1,458 deaths, compared to Airbus's 246 accidents and 564 deaths—despite similar fleet sizes, an analysis by showed. Boeing's reputation has taken repeated hits since the 737 Max crashes of 2018 and 2019, leading to grounded planes, inquiries and losses. Meanwhile, Airbus has stayed low-key but consistent, delivering more aircraft and reporting steady profits. India's trade balance improves India's trade deficit narrowed sharply to $21.9 billion in May from $26.4 billion in April, driven mainly by lower imports. Merchandise exports stood at $38.7 billion, up slightly from $38.5 billion in April. Imports on the other hand fell sharply to $60.6 billion from $64.9 billion in April. Falling crude and gold imports also supported the narrowing gap. While India's trade balance improved from the previous month and year-ago period in May, exports were 2.2% lower year-on-year. Also read: US-China trade war blows hot and cold for India Hindustan Zinc's capacity-boost plan ₹12,000 crore: That's the size of the new expansion plan by Hindustan Zinc Ltd to boost its metal capacity. According to a Mint report, the company plans to add a capacity of 250 kilo tonnes per annum (ktpa). This would be the first phase of its ambitious plan to double metal output over the next few years. To achieve its goals, the company's board has approved the investment to add a new smelter at its integrated zinc metal complex in Debari, Rajasthan. Apple's year to forget Apple's Worldwide Developers Conference (WWDC) 2025 was meant to showcase innovation. Instead, it highlighted the company's deeper struggles. Apple's shares have declined nearly 20% this year, marking the worst performance among big tech firms, an analysis by howindialives showed. The iPhone maker is facing persistent issues from stagnant sales, regulatory heat on its services business, to a shrinking Chinese market. While rivals push ahead in AI, Apple lags, relying on partners such as OpenAI. Overall, weak innovation and global pressures have made 2025 a tough year for the tech giant. Also read: Can Apple's 'affordable' iPhone 16e be a flagship-killer? Chart of the week: Nuke check Nine countries, including the US, Russia, UK, France and India, collectively held around 12,241 nuclear weapons, with about 3,912 deployed and 2,100 on high operational alert, a report by Stockholm International Peace Research Institute showed. The US and Russia together own nearly 90% of all nuclear warheads. Follow our data stories on the In Charts and Plain Facts pages.


The Hindu
17-06-2025
- Business
- The Hindu
Easing prices: on the inflation data
The inflation data for May show just how much can change in one month. Retail inflation came in at a 75-month low of 2.8% in May, with easing food prices the main reason behind this fall. Wholesale inflation, too, slowed to just 0.4%, the lowest in more than a year. The primary driver here, apart from falling food prices, was a drastic contraction of 12.4% in crude oil and natural gas prices. An oversupply of oil and a slowing global economy had meant that the months leading up to May had seen oil prices fall considerably. With India importing about 80% of its oil requirement, this eventually translated into lower wholesale inflation in the country. The Reserve Bank of India (RBI) had, in its monetary policy announcement on June 11, predicted that inflation for the year would come in at an average of 3.7%, down from its forecast of 4% in April. According to some analysts, retail inflation in June could come in as low as 2% — the lower end of the RBI's comfort band since current factors impact the data with a considerable lag. Overall, the feeling until not too long ago was that inflation would continue to ease. But then Israel attacked Iran, and the monsoon's progress across the country slowed, both developments that are likely to affect the two key factors, fuel and food, that had, until now, led to the fall in overall inflation. Oil prices jumped as much as 8% in a single day following Israel's attack on Iran on June 13. The Hindu had, last week, reported that an escalation of tensions between the two countries and a resultant blockage of the vital Strait of Hormuz could result in a 40%-50% increase in shipping costs for Indian exports and imports, and could impact India's oil supplies from key sources such as Iraq, Saudi Arabia and the United Arab Emirates. This is not an unlikely eventuality, either, with Commerce Ministry officials set to hold a meeting this week with trade and shipping sector stakeholders to discuss how the government can ease their distress. Costlier inputs, especially oil, will eventually move the inflation needle back up. The monsoon has picked up pace again, according to India Meteorological Department officials, but it's still early days. In the past, even though the overall monsoon has been satisfactory, its uneven spatial distribution has left several agricultural areas parched. It is far from certain that food prices will continue their downward trajectory. In its last monetary policy meeting, the RBI shifted its stance to 'neutral', indicating that it was as ready to raise interest rates as it was to cut them. This was prescient, as the last few weeks have shown just how nimble monetary policy has to be in these increasingly unpredictable times.