When the bell rings in the NYSEHe Nasdaq stood at 16,660 points, followed by the S&P500which rose by 2.30% to 5,319 units, and for the Dow Jones from Industriales, which advanced 1.76% to 39,446 integers, all in its best session in more than a year. According to analysts, the recovery today was prompted by the […]
Tag: NYSE
Wall Street opens in the green after US inflation figures are released
Ten minutes after the opening of the trading floor, the Dow Jones stood at 37,728 points, and the selective S&P500 It rose 0.23% to 4,794 integers. The Nasdaq composite market index, in which large technology companies are listed, grew by 0.46% to 15,038 units. The yield on ten-year government bonds in turn fell to 4.019%. […]
Gas on the Coast will be one of the pillars of Ecopetrol’s new strategy
Three pillars form Ecopetrol’s 2040 strategy, which was presented on Monday in New York as part of the celebration of the Colombian state oil company’s 30th anniversary of being listed on the city’s stock exchange. Also read: The six government measures to stabilize energy prices Among these changes in the 2040 strategy, Ecopetrol President Ricardo […]
Wall Street recorded its best week since July
According to the FedWatch indicator of the derivatives market CMEInvestors estimate a 93% chance that the central bank will leave interest rates unchanged at that meeting. This was suggested by the president, Jerome Powellon the symposium Jackson Hole, Wyoming the week before, where he defended keeping interest rates high until inflation fell sharply. “The cooling […]
Ecopetrol shares plummet after earnings report
The state oil company reported a net profit of $4.1 billion between April and June this year, while reaching $10.4 billion in the same period of 2022. “Factors such as the fall in international oil prices and the effects of the tax reform They were key in the collapse of profits,” he said. Ricardo Roa […]
Tecnoglass exported $370 million in the first half of the year
The Barranquilla company Tecnoglass announced that its external sales in the first half of the year were $370 million. Tecnoglass Operations Director, Christian Daes, announced on his Twitter account: “USD 370 million exported in the first 6 months. Let’s go for more.” It should be remembered that the total revenue of the Barranquilla company Tecnoglass […]
Tecnoglass stock valued at a price of US60 and a buy rating
Stifel, a financial services company, confirmed the start of coverage for the shares of Barranquilla company Tecnoglass on the New York Stock Exchange with a positive rating given the good outlook. The US-based company values Tecnoglass at a price target of $60 per share and currently has a buy rating. Stifel points out that Tecnoglass […]
Tecnoglass breaks the ceiling and achieves the highest capitalization in history
The Barranquilla company Tecnoglass earned the highest prices in its history, as it had a share price of $46.40. In turn, the company achieved a record market capitalization of $2,212 million on the New York Stock Exchange. It should be remembered that on March 2, Tecnoglass first achieved the capitalization of $ 2,000 million on […]
Tecnoglass posted record sales in 2022 of $176.6 million
The Barranquilla company reported that gross profit was 72.5% and reached USD 349.5 million, with a gross margin of 48.8%, compared to USD 202.6 million in 2021 (gross margin of 40.8%). Operating income was USD 226.4 million, compared to USD 117.0 million a year earlier. In turn, net income was $156.4 million, or $3.28 per […]
Tecnoglass is up about 6% on the New York Stock Exchange
Over the past month, Tecnoglass’s stock has risen by approx 9 dollarswhich equates to an increase of 42.24%. Tecnoglass, which began trading on the New York Stock Exchange in early June this year, presented its third-quarter financial statements in early November and reported record revenues of nearly $201.8 millionwhat did one mean 53% annual increase. […]