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01.06.26 - 14:06
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Here Are Monday′s Top Wall Street Analyst Research Calls: Accenture, Caesars Entertainment, Carnival, Dell Technologies, IBM, Kohls, Microsoft, Zscaler and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading higher to start a new trading week and a new month after what was an incredible May, and anybody who followed “Sell in May and Go Away” is having total seller's remorse. All the major indices, except the Russell 2000, finished the day higher, helping them reach all-time highs, ... Here Are Monday's Top Wall Street Analyst Research Calls: Accenture, Caesars Entertainment, Carnival, Dell Technologies, IBM, Kohls, Microsoft, Zscaler and More...
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04.02.26 - 10:12
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Panama ports defeat shows China faces tougher test in Latin America (SCMP)
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China said Panama risks paying a “hefty political and economic price” following the cancellation of Hong Kong-based CK Hutchison Holdings' contract to operate two major ports serving the Panama Canal.
“The Panamanian authorities' insistence on this despite widespread concerns is tantamount to shooting themselves in the foot,” China's Hong Kong and Macau Affairs Office said in a commentary posted on its WeChat account on Tuesday. The decision by the Panama Supreme Court “is legally unfounded and......
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14.08.25 - 19:33
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No Panama Port Deal For CK Hutchison And BlackRock This Year (ZeroHedge)
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No Panama Port Deal For CK Hutchison And BlackRock This Year
The $19 billion sale of CK Hutchison's 43 global ports, including two strategically vital ports on the Panama Canal (Balboa and Cristóbal terminals), to a BlackRock-led consortium is far from completion, mired in the crossfire of US-China trade and geopolitical tensions.
CK Hutchison co-managing director Frank Sixt told Wall Street analysts during its interim earnings results earlier today that the deal's complexity means it likely won't be completed this year, especially after China demanded earlier this summer that its largest shipping company, Cosco, be included in the Western-investor deal.
"We are in a new stage of our deal and that includes, as we have said, discussions with a major strategic Chinese investor," Sixt said.
He continued, "I believe that there is a reasonable chance that those discussions will lead to a deal that is good for all of the parties, ourselves included, and most importantly,...
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