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January 25, 2022

growth

S.Korea’s GDP growth at 11-year high in 2021 as exports boom

Reuters
A truck drives between shipping containers at a container terminal at Incheon port in Incheon, South Korea, May 26, 2016.REUTERS/Kim Hong-Ji TPX IMAGES OF THE DAY/File Photo Register now for FREE unlimited access to Reuters.com Register S.Korea Q4 GDP s/adj +1.1% Q/Q (Reuters poll +0.9%) -BOK S.Korea Q4 exports +4.3%......

Netflix tanks again as investors question growth prospects

CBS News
CBS News – For more and to sign up click here Netflix shares continued to slide on Friday, tumbling 22% a day after the streaming video service announced a slowdown in subscriber growth.  The company’s stock price also fell 20% on Thursday in after-hours trading when Netflix disclosed that it......

EXCLUSIVE TikTok owner ByteDance’s 2021 sales growth 70%, slows yr/yr -sources

Reuters
Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, Jan 20 (Reuters) – TikTok owner ByteDance saw its total revenue grow by 70% year......

Rising interest rates could keep a choke hold on tech and growth stocks

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images Rising bond yields could keep a choke hold on tech and growth stocks......

Bank of Israel optimistic that Omicron won’t harm economic growth

Reuters
The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020. REUTERS/Ronen Zvulun/File Photo Register now for FREE unlimited access to Reuters.com Register JERUSALEM, Jan 17 (Reuters) – Israel’s central bank voiced cautious optimism that the Omicron wave sweeping the country would have no......

China’s Q4 GDP growth seen hitting 1-1/2-year low, raising heat on policymakers

Reuters
A person looks towards cranes in front of the skyline of the Central Business District (CBD) in Beijing, China, October 18, 2021. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register China Q4 GDP growth seen slowing to 3.6% y/y, vs Q3’s 4.9% Growth seen at 8.0% in......

Cannabis stocks offer higher growth at lower valuations, ETF manager says — the top 2022 trend he’s watching

CNBC
CNBC – For more and to sign up click here Brand building may be the central theme in cannabis for 2022, portfolio manager Tim Seymour says. After a disappointing 2021 on the legislative front, larger players will use this year to bolster their presence in existing cannabis markets and adjacent......

Bald eagle population growth stunted by lead poisoning, study finds

CBS News
CBS News – For more and to sign up click here Bald eagles’ population size is being affected by lead poisoning, according to scientists at the Department of Public and Ecosystem Health at Cornell University. A study found the birds are eating hunters’ gunshot ammunition, decreasing their population growth by......

Pepco CEO says low prices, more stores will boost growth

Reuters
Jan 13 (Reuters) – Poundland owner Pepco Group is betting on a fast expansion of its network of stores and tight cost control to boost its results, its chief executive told Reuters on Thursday after the company posted a jump in quarterly revenue. The owner of PEPCO and Dealz discount......

U.S. companies saw modest growth in late 2021, Fed survey shows

Reuters
Jan 12 (Reuters) – The U.S. economy expanded at a modest pace through the end of last year, with American firms noting that growth continues to be constrained by supply chain disruptions and labor shortages while prices exhibited “solid growth,” a survey conducted by the Federal Reserve showed on Wednesday.......

American Eagle signals weak revenue growth in holiday quarter

Reuters
A view of an American Eagle Outfitters store in Arlington, Virginia, U.S., June 1, 2021. REUTERS/Erin Scott Register now for FREE unlimited access to Reuters.com Register Jan 11 (Reuters) – American Eagle Outfitters Inc (AEO.N) on Tuesday signaled its revenue growth in the holiday quarter was hampered by supply chain......

Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year

CNBC
CNBC – For more and to sign up click here Jamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to have the best growth we’ve ever had this year, I think since maybe sometime after the Great Depression,” Dimon told CNBC’s Bertha Coombs......

France’s Le Maire sees 2021 growth higher than 6.25% forecast

Reuters
PARIS, Jan 4 (Reuters) – French Finance Minister Bruno Le Maire said on Tuesday that the country’s growth would be significantly higher this year than the government’s current forecast of 6.25%. Le Maire also told RTL radio that even though the surge of the Omicron coronavirus variant was disrupting some......

China’s Dec factory activity returns to growth, beats forecasts- Caixin PMI

Reuters
Employees work on the production line of mobile gaming controllers for U.S. company T2M, at a factory in Dongguan, Guangdong Province, China December 7, 2021. REUTERS/David Kirton Register now for FREE unlimited access to Reuters.com Register BEIJING, Jan 4 (Reuters) – China’s factory activity grew at its fastest pace in......

Ford beats out Tesla to become the auto industry’s top growth stock in 2021

CNBC
CNBC – For more and to sign up click here The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Images DETROIT – Shares of Ford Motor soared by......

Morgan Stanley lists 4 reasons why China’s growth could be better than expected in 2022

CNBC Real Estate
A person walks past a coal fired power plant in Jiayuguan, Gansu province, China, on Thursday, April 1, 2021. Qilai Shen | Bloomberg | Getty Images China’s economy appears to be bouncing from a “mini-downturn” into an upswing as the country eases policy, according to investment bank Morgan Stanley. The......

Washington state’s population growth slows to a crawl due to COVID-19

USA TODAY – For more and to sign up click here Brett Davis | The Center Square Washington state’s steady population growth is another casualty of the COVID-19 pandemic, according to the most recent figures from the U.S. Census. From July 1, 2020, through July 1, 2021, the Evergreen State’s......

Michael Farr: Here are 2022’s top stock picks, a combo of growth and defensive names

CNBC
CNBC – For more and to sign up click here A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Dec. 13, 2021. Michael Nagle | Bloomberg | Getty Images Farr, Miller & Washington is a “buy-to-hold” investment manager, which means......

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