Moody's Ratings (Moody's) has completed a periodic review of the ratings of Highwoods Properties, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 December 2024 in which we reassessed the appropriateness of the ratings in th...
GREATER CHINA Sector Automobile: Weekly: PV sales dip wow while PEV market share increases. Maintain MARKET WEIGHT. Top BUYs: Geely, CATL, Fuyao Glass and Desay SV. Results Alibaba Health Information Technology (241 HK/BUY/HK$4.04/Target: HK$5.00): 1HFY25: Results in line; expect strong earnings growth momentum in FY25-26. Geely Auto (175 HK/BUY/HK$13.90/Target: HK$23.00): 3Q24: Core earnings up 81% yoy and 29% qoq, beating estimates. Maintain BUY. Raise target price from HK$21.50 to HK$23.00. J...
FR reported 9M24 core net profit of US$152m (+28% yoy) which was in line with our expectations. 3Q24 core earnings rose 19% yoy to US$61m on improved margins while production continued to rise yoy relative to declines from its peers. Although output has likely peaked in 3Q24, we expect results to be sustained qoq on sequentially better selling prices and downstream processing margins. Maintain BUY. Target price: S$1.65.
KEY HIGHLIGHTS Results ComfortDelGro Corporation (CD SP/BUY/S$1.49/Target: S$1.83) 3Q24: Strong growth as the UK outperforms. Upgrade to BUY. First Resources (FR SP/BUY /S$1.57/Target: S$1.65) 9M24: Results within expectations; continues to outpace industry production. TRADERS' CORNER Hongkong Land Holdings (HKL SP): Trading BUY First Resources (FR SP): Trading BUY
KEY HIGHLIGHTS Results ComfortDelGro Corporation (CD SP/BUY/S$1.49/Target: S$1.83) 3Q24: Strong growth as the UK outperforms. Upgrade to BUY. First Resources (FR SP/BUY /S$1.57/Target: S$1.65) 9M24: Results within expectations; continues to outpace industry production. TRADERS' CORNER Hongkong Land Holdings (HKL SP): Trading BUY First Resources (FR SP): Trading BUY
LXP Industrial Trust Reports Third Quarter 2024 Results Board Authorizes 3.8% Dividend Increase WEST PALM BEACH, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Recorded Net Income attributable to common shareholders of $4.7 million, or $0.02 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unit...
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