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Upgrades According to Deutsche Bank, the prior rating for VF Corp (NYSE:VFC) was changed from Hold to Buy. In the second quarter, VF showed an EPS of $0.67, compared to $1.26 from the year-ago quarter. At the moment, the stock has a 52-week-high of $95.15 and a 52-week-low of $45.07. VF closed at $82.29 at the end of the last trading period. For Under Armour Inc (NYSE:UAA), Deutsche Bank upgraded the previous rating of Hold to Buy. Under Armour earned $0.26 in the third quarter. The stock has a 52-week-high of $21.52 and a 52-week-low of $7.15. At the end of the last trading period, Under Armour closed at $18.61. For Spirit AeroSystems Holdings Inc (NYSE:SPR), Credit Suisse upgraded the previous rating of Neutral to Outperform. Spirit AeroSystems Hldgs earned $1.34 in the third quarter, compared to $1.62 in the year-ago quarter. At the moment, the stock has a 52-week-high of $70.51 and a 52-week-low of $13.69. Spirit AeroSystems Hldgs closed at $39.81 at the end of the last trading period. DZ Bank upgraded the previous rating for Netflix Inc (NASDAQ:NFLX) from Hold to Buy. Netflix earned $1.19 in the fourth quarter, compared to $1.30 in the year-ago quarter.

On January 23, Polycab India is reporting earnings from the most recent quarter. 4 analysts estimate earnings of INR 15.85 per share as opposed to earnings of INR 14.70 per share in the same quarter of the previous year. Analysts expect sales to increase by 5.16% over the previous year’s quarter to INR 26.37 billion. Looking at the full year, Wall Street analysts are expecting a profit of INR 49.15 per share. In the previous year, there was a loss of INR 51.50 per share. On average, analysts estimate full-year revenue to be INR 81.89 billion, compared to INR 88.30 billion in the previous year. This story was written by Markets Insider’s RoboEddy, which automatically writes these stories based on data provided by our partners.

Dave Jilek is the chief investment strategist of Gateway Investment Advisers. Gateway Investment AdvisersDave Jilek is the chief investment strategist at $9.6 billion Gateway Investment Advisers. In an interview, Jilek lays out the lingering concerns that are keeping the VIX at above-average levels. He also shared a strategy for investors to take advantage of the widening volatility risk premium. Visit Business Insider’s homepage for more stories. It has been a tale of two cities for the US stock market and the CBOE Volatility Index.   Despite the market’s continued rally towards record highs, the VIX, which is popularly referred to as Wall Street’s fear gauge, has remained steadily above its long-term average of 19.3 points. The VIX and S&P 500 tend to move in opposite directions because the demand to hedge future volatility falls as stocks rally and vice versa. Meanwhile, it was hard not to notice that the VIX had plunged to a relatively low level of 21.89 as of midday Wednesday compared to its peak of 85 last March during the depths of the coronavirus-induced market crash.  “The VIX is a forward-looking pricing of volatility, so even though markets have been advancing, there are still multiple risk factors

Seth Klarman, president and CEO of the The Baupost Group Getty Images/ Scott Olson Billionaire investor Seth Klarman warns stimulus and interest rates are masking market risks. The Baupost chief compared investors to “frogs in water that is slowly being heated to a boil.” Klarman added that Tesla stock has surged “seemingly beyond all reason.” Visit Business Insider’s homepage for more stories. A billionaire investor heralded as “the next Warren Buffett” blasted the Federal Reserve and Treasury in a private letter this week, accusing the duo of disrupting the stock market and putting investors at risk. Seth Klarman told clients of his Baupost hedge fund that investors are behaving as if risks have “simply vanished” due to rock-bottom interest rates and wave after wave of government stimulus, the Financial Times reported. Read more: Bubbly behavior is brewing in markets and Big Tech is reeling from 2 major political events this month – Three investing heavyweights that jointly manage almost $1 trillion break down the impact on these stocks and how to position Federal interventions to buttress growth and reduce unemployment have also made it tricky to assess the economic health of the country, Klarman said. “Trying to figure

HAMILTON, BERMUDA, January 21, 2021 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced that it has entered into agreement to acquire two VLCCs built in 2016 at DSME (Daewoo) for a total of USD 136 million. The vessels are scheduled to deliver during the first half 2021. The Company will finance the acquisition with available liquidity and projected mortgage debt hence it is expected to be accretive to DHT’s earnings per share. The vessels were built to high specifications by their current owner and are fuel efficient, scrubber fitted Eco-designs that will further improve the DHT fleet’s efficiencies, amongst others its Annual Efficiency Ratio (AER) and Energy Efficiency Operational Index (EEOI) metrics. About DHT Holdings, Inc. DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination

(RTTNews) – Hamburger Hafen und Logistik AG or HHLA (HHULF.PK, HHULY.PK) Thursday said it is acquiring 80 percent stake in iSAM AG, a specialist in automation technology. The financial terms of the deal were not disclosed. The remaining 20 percent of the company are controlled by its three previous managers. of the company. Both sides have agreed not to disclose the purchase price. HHLA Chairwoman of the Executive Board, Angela Titzrath said the deal takes its growth- and innovation-focused strategy further. iSAM AG currently employs 50 people. The company has subsidiaries in core markets in the USA, Australia (Asia) and Canada. iSAM was able to grow its revenue and profit by 30 percent in 2020 despite Covid-19 restrictions.

HONG KONG, Jan. 21, 2021 /PRNewswire/ — Assets under management totalled CHF 147.4 billion at the end of 2020, up by CHF 7.1 billion (5.1%). Net inflows doubled compared with last year to CHF 8.97 billion, representing 6.4% of assets under management. Income remained stable, at CHF 1.071 billion, despite the significant fall in net interest margins. The operating result improved by 8.7% and net profit was CHF 181.4 million, compared with CHF 187.8 million in 2019, a year which included an exceptional gain from a real estate transaction. Asset growth sustained by significant client inflows across all markets Assets under management at UBP rose by 5.1% to CHF 147.4 billion. Net new money (up CHF 8.97 billion) came essentially from private clients in the Bank’s main markets (Switzerland, the UK, the Middle East, Europe and Asia), and benefited from a solid performance in both funds and mandates. These large inflows offset the negative exchange rate effects (CHF 7.3 billion) over the year. Income remained stable at CHF 1.071 billion (+0.4%), despite a significant deterioration in net interest margins due to the decline in US rates. However, this fall (CHF 74.6 million) was fully compensated for by an increase (CHF 58.8 million, 8.7%) in income from fees and commissions – linked to the increase in assets

SANTA BARBARA, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) — Digital Locations, Inc. (DLOC), a developer of cell tower sites for the 5G revolution, today announced that it is likely to benefit from the recent change to the OTARD rules that will reduce barriers in the buildout of 5G and fixed-wireless networks throughout America. “Currently there are large groups of Americans throughout the country who cannot benefit from 5G and enhanced wireless technology due to legacy rules and regulations regarding locations of 5G antennas,” said Bill Beifuss, President of Digital Locations. “This recent rule change by the FCC will make it easier for companies like ours to install the necessary 5G equipment within the last square mile of coverage which will enable true high speed 5G service. Without antennas spaced every few hundred feet, 5G killer apps such as holographic gaming, remote surgery and self-driving cars are simply not possible.” These exciting 5G killer applications being marketed by wireless providers are only possible with high speed and low latency wireless data transmission. 5G wireless technology can provide that and 5G small cell networks are essential parts of the high speed, low latency solution. The FCC expects up to 80% of new

(RTTNews) – The Bank of Japan decided to maintain its monetary policy unchanged on Thursday, but raised the growth projections, citing the impetus from the fiscal stimulus measures. The board voted 7-1 to retain the interest rate at -0.1 percent on current accounts that financial institutions maintain at the central bank. The bank will continue to purchase necessary amount of Japanese government bonds without setting an upper limit so that 10-year JGB yields will remain at around zero percent. Markets had expected the bank to keep monetary policy unchanged ahead of the policy review in March. The BoJ is likely to keep both its short-term policy rate as well as its target for 10-year JGB yields unchanged for the foreseeable future, Marcel Thieliant, an economist at Capital Economics, said. In its quarterly Outlook for Economic Activity and Prices report, released today, the bank said compared to October, the projected growth rates were somewhat higher, mainly for fiscal 2021, reflecting the effects of the government’s economic measures in particular. The outlook is based on the assumption that the impact of the pandemic will wane gradually and then almost subside toward the end of the projection period. The bank lifted the fiscal

SANTA MONICA, Calif., Jan. 21, 2021 /PRNewswire/ — Starz, one of the leading premium global streaming platforms, today announced plans to expand its global reach into Indonesia with its premium OTT platform Lionsgate Play.  Guntur Siboro has been hired as General Manager and Gene Tamesis as Vice President of Business Development & Partnerships to lead operations on the regional team led by Managing Director South Asia and Networks – Emerging Markets Asia at Lionsgate, Rohit Jain. With a population of 260 million, Indonesia will become the newest territory added to the Starz global footprint which currently includes 55 countries.  “Indonesia is one of the fastest growing economies with a very young and globally connected population, and it has experienced huge growth in its digital economy owing to the surge of high speed internet. Millennials in the territory enthusiastically follow blockbuster Hollywood movies and premium Television. Against this backdrop, we saw a great opportunity for Starz to launch premium global content for Indonesian viewers, particularly given the scarcity of premium OTT platforms in the market. Our content will also be available with Bahasa subtitles, making it convenient for local consumers.  I am very pleased to have Guntur and Gene as part