European technology companies have undeniably entered the global stage to compete with tech made in Silicon Valley. While the United States is still home to 4 times the amount of tech companies worth more than 1 billion USD (so-called “unicorns”), Europe is catching up at speed and breeding unicorns faster than the US ever did. […]
The end of another long week has Wall Street bracing for another rollercoaster ride as investors digest President Biden’s crucial call with Xi and await to see if any possible pathways emerge for ending the conflict in Ukraine, all while roughly $3.5 trillion of single-stock and index-level options expire. The days of seeing all the […]
This post is aimed at CEOs and founders who are looking to upgrade their SaaS Financial Model to an operational tool that helps them make more informed decisions. This is the same core model that enabled me to simultaneously work with dozens of startups using spreadsheets, while we built our SaaS financial modeling software Flightpath. Table of […]
Montreal, Canada, Mar 17, 2022 - (ACN Newswire) - Recently, Agard Union Trading has released a report on 'Will Canadian Equities Reign in 2022'. According to finance experts at Agard Union Trading, the Canadian stock market's robust performance last year is expected to continue, with rising interest rates positioning the TSX to outperform U.S. equities markets throughout 2022.
Prior to 2021, the S&P 500 outperformed the S&P/TSX Composite index in nine of the previous ten years. Last year, the S&P/TSX trailed the S&P 500 on a total return basis, but it beat the Dow Jones Industrial Average, the NASDAQ, and the Russell 2000.
"This time last year, our market intelligence team forecast that Canadian equities would finally outperform their U.S. peers, and now they are even more confident than ever," said Michael Woods, Agard Union Trading's longstanding Director of Sales & Trading. "The TSX is close to one standard deviation below its long-term average, while the S&P 500 still looks expensive at 20 times forward price-to-earnings," he added.
Over the last decade, U.S. tech giants have propelled growth and dominated the S&P 500, but that is now changing. The law of large numbers and the likelihood of increasing interest rates has made it difficult to sustain the previous impressive run.
The TSX, on the other hand, with its three key pillars of financials, energy and materials, is more cyclically balanced and more likely to profit from rising interest rates and post-pandemic economic recovery.
According to data gathered by Agard Union Trading, the Canadian energy sector has already made a strong comeback from its lows in 2020. Energy producers currently have record cash flows and are returning money to investors yet are still trading close to trough valuation. In addition, a strong rebound in employment has been aided by Canada's vaccination rate and lower death rate, and immigration is also expected to increase growth over the coming year.
"We believe the TSX is exceptionally well-positioned to reign over U.S. equities this year. However, we still expect a challenging environment for equities moving forward. As a result, we are recommending our clients shift out of growth sectors of the market that have thrived during pandemic lockdowns, technology being the foremost among them, into cyclical, value-oriented sectors such as resources and financials where there is more room to run", added Michael Woods.
About Agard Union Trading
Agard Union Trading is a financial services company, our objective is to help you get the most out of every investment while allowing you to plan for the future, comfortable in the knowledge that your assets are growing and protected. For more information, visit our website at: https://www.autventures.com/
Press Contact Mr. Francis Taylor, Head of Securities Analytics +1 438 795 9150, firstname.lastname@example.org 21F Place Du Canada, 1010 Rue De La Gauchetiere, Montreal, Quebec, H3B 2N2, Canada
SOURCE: Agard Union Trading
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
TOKYO, Mar 15, 2022 - (JCN Newswire) - Eisai Co., Ltd. announced the following economic arrangements agreed in the amendment to Alzheimer's disease collaboration agreement with Biogen Inc. separately announced today. Effective as of January 1, 2023, Eisai will receive a tiered royalty on net sales of ADUHELM rather than sharing global profits and losses. The details of the royalty rates are shown in the table below.
Economic arrangements for 2022 will remain materially unchanged with Eisai's share of ADUHELM expenses capped at $335 million for the costs related to development, commercialization and manufacturing for the period from January 1, 2022, to December 31, 2022.
In regards to Eisai's financials, no revision will be made at this time to the consolidated earnings forecast for the fiscal year ending March 31, 2022. If Eisai determines that revisions are necessary based on changes including business environment, Eisai will make an announcement as soon as possible.
*ADUHELM is a registered trademark of Biogen Inc.
Media Inquiries: Public Relations Department, Eisai Co., Ltd. +81-(0)3-3817-5120
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comEisai Co., Ltd. announced the following economic arrangements agreed in the amendment to Alzheimer's disease collaboration agreement with Biogen Inc. separately announced today.
A little more than a week after a major pricing blunder, Rivian CEO RJ Scaringe confidently assured investors and analysts the company would meet its previously stated production targets, including 25,000 vehicles by the end of 2022, despite ongoing supplier issues. Find out more at TheDetroitBureau.com.
Ask any successful sports coach how they win so many games, and they’ll tell you they have a unique plan for every single game they coach. The same logic applies to business. If you want to build a thriving company that can pull ahead of the competition, you need to prepare yourself for battle before you break into a market.
JP Richardson – the CEO and founder of crypto wallet firm Exodus – is doing what many companies would consider unthinkable. He’s paying all his employees in bitcoin, and he’s broadcasting their salaries on the blockchain to ensure transparency. JP Richardson Is Pushing the BTC Initiative Richardson began his company in 2015. Initially, everyone working...
On Monday, February 28, 2022 Russia closed its airspace as a countermeasure to EU airspace closure. This meant many changes to Finnair’s Asian services, as most of Finnair’s flights between Europe and Asia have used the shortest, fastest, and most environmentally sound route over Russia. In the new situation, our traffic planning and operations teams […]