Latest from Almesa
Yahoo
26 minutes ago
- Business
- Yahoo
Sheng Siong Group Second Quarter 2025 Earnings: EPS: S$0.022 (vs S$0.022 in 2Q 2024)
Sheng Siong Group (SGX:OV8) Second Quarter 2025 Results Key Financial Results Revenue: S$361.7m (up 7.0% from 2Q 2024). Net income: S$33.8m (flat on 2Q 2024). Profit margin: 9.3% (in line with 2Q 2024). EPS: S$0.022 (in line with 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Sheng Siong Group Earnings Insights Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Consumer Retailing industry in Asia. Performance of the market in Singapore. The company's shares are down 2.3% from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 1 warning sign for Sheng Siong Group you should know about. 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.
Yahoo
26 minutes ago
- Sport
- Yahoo
MLB Speedway Classic between Braves, Reds delayed for 2 1/2 hours, then ultimately suspended until Sunday
The Atlanta Braves and Cincinnati Reds were ready to start their engines Saturday night at Bristol Motor Speedway in Tennessee. Then Mother Nature waved the red flag not once but twice before play was ultimately suspended. The MLB Speedway Classic began with a 2 1/2 hour rain delay, followed by less than a full inning of baseball, followed by another delay that resulted in a suspension of play until Sunday at 1 p.m. ET. Cincinnati will take a 1-0 lead into the next day. The Reds scored off an Austin Hays single to left, their third hit of the frame. First pitch finally arrived at 9:40 p.m. ET. Because of the lengthy delay, Braves starting pitcher Spencer Strider was scratched from the lineup. Strider, who grew up in Tennessee, went through warmups prior to the delay. Left-handed reliever Austin Cox, who had previously started only three games in his brief MLB career, got the nod for the Braves instead. They were planning to lean on their bullpen Saturday night. The Reds, on the other hand, didn't scratch their starter. They still rolled with Chase Burns, a 22-year-old who grew up in Tennessee as well and played college baseball for the Tennessee Volunteers. Burns produced a 1-2-3 inning to start the game. Leading up to the original 7:15 p.m. ET start time, pregame festivities included performances from Pitbull and Tim McGraw, U.S. Navy Musician First Class Kathryn Dobyns singing the national anthem, NASCAR pit crews helping introduce the starting lineups by servicing Braves- and Reds-themed stock cars and a flyover by four U.S. Navy F/A-18 Super Hornets from Naval Air Station Oceana in Virginia Beach. But the rain started coming down. It was pouring when Braves icon Chipper Jones and Reds legend Johnny Bench participated in the ceremonial first pitches. Jones, an eight-time All-Star and one-time World Series champion with the Braves, threw to NASCAR driver Chase Elliott. Fellow NASCAR driver Kyle Busch — a two-time NASCAR Cup Series champion — walked out to Bench, a 14-time All-Star and two-time World Series champion with the Reds, and traded spots, allowing the 77-year-old Bench to man his old position as catcher. As the rain continued to hit the converted diamond in the heart of the race track, the tarp came out. Nevertheless, a good number of fans originally expected to break MLB's all-time regular-season, single-game attendance record Saturday stayed put. Ken Rosenthal and Tom Verducci collected interviews for Fox Sports during the delay, showcasing how players and coaches for both teams still shared that enthusiasm. The grounds crew started removing the tarp around 8:50 p.m. ET. After the field was drained, the game finally started. But it wasn't long before the rain picked up again and the tarp returned. "We'll be back tomorrow, 1 o'clock resume," said Michael Hill, MLB senior vice president of on-field operations. "We are optimistic for a better weather forecast tomorrow."
Yahoo
26 minutes ago
- Climate
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MLB Speedway Classic between Braves and Reds at Bristol Motor Speedway suspended by rain, to resume on Sunday
BRISTOL, Tenn. (AP) — MLB Speedway Classic between Braves and Reds at Bristol Motor Speedway suspended by rain, to resume on Sunday.
Yahoo
26 minutes ago
- Business
- Yahoo
OPEC+ slated to increase oil output in bid to regain market share
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting Sunday, a move analysts say is aimed at regaining market share amid resilient crude prices. The anticipated output increase by the group of eight oil-producing countries known as the "Voluntary Eight" (V8), would be the latest in a series of hikes that began in April. In a bid to boost prices, the wider OPEC+ group -- comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies -- in recent years had agreed to three different tranches of output cuts that amounted to almost 6 million barrels per day (bpd) in total. Analysts expect the V8 group -- namely Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman -- to agree on another output increase of 548,000 bpd for September, a target similar to the one approved in August. According to UBS analyst Giovanni Staunovo, the likely "quota increase is largely priced in" already, with the price of Brent, the global benchmark for oil, expected to remain near its current level of around $70 per barrel after Sunday's decision. Since April, the V8 group has placed increased focus on regaining market share over price stability, a policy shift after years of enforcing production cuts to prop up prices. - Likely pause in output hikes - But it remains unclear which strategy the group intends to pursue after Sunday's meeting. According to Warren Patterson, an analyst at ING, the V8 nations will likely "take a pause in supply hikes after September". Crude prices have held up better than most analysts had predicted since the production increases began. Experts say that is mainly due to traditionally high summer demand and significant geopolitical risk premiums being built into prices, particularly since the 12-day Iran-Israel war. Moreover, the actual increase in production between March and June was less than the increase in quotas during the same period, said Staunovo, quoting OPEC sources. However, the market is "set to move into large surplus" of oil supply from October, Patterson noted, warning that OPEC+ should remain careful not to be "adding to this surplus". "OPEC+ is doing the balancing act of regaining market share and not sending oil prices plummeting", which would lead to a drop it profits, Tamas Varga, an analyst at PVM, told AFP. Saudi Arabia, the group's most influential member, relies heavily on oil revenues to finance its ambitious plan aimed at diversifying the economy. The unwinding of another set of production cuts of around 3.7 million bpd is to be discussed at the next OPEC+ ministerial meeting in November. - Unstable environment - With demand being unstable in the face of US President Donald Trump's erratic policymaking on trade and supply under threat by geopolitical risks, experts say it is difficult to predict what is next for the oil market. In the latest twist in late July, Trump gave Moscow ten days to end the war in Ukraine, saying that his country would otherwise impose sanctions on Russia. "We're gonna put on tariffs and stuff," he vowed. Trump had previously hinted to an indirect 100-percent surcharge on countries that continue to buy Russian products, particularly hydrocarbons, in order to dry up Moscow's revenues. He has specifically targeted India, the second largest importer of Russian oil at around 1.6 million bpd since the beginning of the year. The developments could prompt OPEC+ to make further policy decisions. However, "OPEC+ will react only to real supply disruptions" and not to price increases linked to risk premiums, said Staunovo. pml-kym/rl/tc
Yahoo
26 minutes ago
- Sport
- Yahoo
Bruins Forward Is Intriguing Breakout Candidate
Boston Bruins forward John Beecher had some growing pains this past season with the Original Six club. In 78 games with the Bruins on the year, he recorded three goals, eight assists, 11 points, and a minus-9 rating. This was after he posted seven goals and 10 points in 52 games during his rookie season in 2023-24.
