|Bid||1,643.00 x 0|
|Ask||1,644.50 x 0|
|Day's Range||1,636.00 - 1,649.00|
|52 Week Range||1,553.50 - 2,120.00|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||6.79|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||80.00 (4.88%)|
|1y Target Est||2,197.30|
Moody's Investors Service ("Moody's") has assigned an A3 rating to Corporacion Nacional del Cobre de Chile's ("CODELCO") senior unsecured notes due 2039. The BCA incorporates CODELCO's large capital spending needs to offset falling ore grades and maintain production levels, which has led to the issuance of incremental debt and persistent generation of negative free cash flow, and the large exposure to copper prices.
Beyond Meat Inc has shelved plans to enter Japan, according to a Japan-based investor, focusing more on the U.S. market where it recently bolstered funding to fuel an expansion and beat out emerging faux-meat rivals. Japanese trading house Mitsui & Co Ltd, which bought a small stake in Beyond Meat in 2016, said it previously planned to partner with the U.S. company to sell plant-based meat alternatives in Japan, but there was no longer such a project. "We look forward to bringing our revolutionary products to more countries across Asia, including Japan," said Chuck Muth, Beyond Meat's chief growth officer.
Beyond Meat Inc has shelved plans to enter Japan, according to a Japan-based investor, focusing more on the U.S. market where it recently bolstered funding to fuel an expansion and beat out emerging faux-meat rivals. Japanese trading house Mitsui & Co Ltd , which bought a small stake in Beyond Meat in 2016, said it previously planned to partner with the U.S. company to sell plant-based meat alternatives in Japan, but there was no longer such a project. "We look forward to bringing our revolutionary products to more countries across Asia, including Japan," said Chuck Muth, Beyond Meat's chief growth officer.
(Bloomberg) -- The electric battery boom has a new target: ships.Four Japanese companies have teamed up to build the world’s first zero-emission tanker by mid-2021 that will be powered by large-capacity batteries and will operate in Tokyo Bay, according to a statement on Tuesday. The new company e5 Lab Inc. is a venture between Asahi Tanker Co., Exeno Yamamizu Corp., Mitsui O.S.K. Lines Ltd. and Mitsubishi Corp.The global maritime industry is facing an onslaught of legislation to improve its environmental performance. From next year, a majority of vessels will have to burn fuel containing less sulfur. A challenge requiring even more innovation, though, is a goal to halve shipping’s carbon emissions by 2050.While fully-electric ships have struggled to penetrate major markets, momentum is gathering. Rolls-Royce Holdings Plc said last year that it had started offering battery-powered ship engines, while Norway’s Kongsberg Gruppen ASA is developing an electric container vessel. Still, there are challenges in making the technology applicable to ships navigating thousands of miles across oceans because of the need to recharge batteries.Industries from auto to aviation are also looking to go electric. Komatsu Ltd., the world’s second-biggest construction equipment, has developed its first-battery powered electric diggers. Electric-plane company Eviation Aircraft Ltd., which has signed up its first customer, predicts that in a few years it may not be able to keep up with orders.To contact the reporter on this story: Masumi Suga in Tokyo at firstname.lastname@example.orgTo contact the editors responsible for this story: Phoebe Sedgman at email@example.com, Alpana SarmaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Moody's Investors Service has affirmed ESR-REIT's Baa3 issuer rating, (P)Baa3 senior unsecured rating on its SGD750 million debt issuance program and the Baa3 ratings on the senior unsecured notes drawn down from the program. At the same time, Moody's has also affirmed the provisional (P)Baa3 senior unsecured rating on the SGD750 million debt issuance program issued by RBC Investor Services Trust Singapore Limited -- a co-issuer with ESR-MTN Pte Ltd -- in its capacity as trustee of ESR-REIT.
Loadings of liquefied natural gas (LNG) cargoes from Sempra Energy's $10 billion Cameron export terminal in Louisiana are delayed after the first cargo from the project was exported last month to start up operations. At least two commissioning cargoes, one for France's Total and another for Spain's Repsol, were delayed, according to industry sources and shiptracking data. Sempra said on Thursday that Cameron continues to work through the normal startup process and LNG production will continue to fluctuate.
Japan's machinery orders unexpectedly rose for a third straight month in April, signalling solid business investment, though analysts expect an intensifying Sino-U.S. trade war and global slowdown to hurt capital spending plans in the coming quarters. Cabinet Office data released on Wednesday showed core machinery orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, increased 5.2% in April from the previous month.
SINGAPORE/LONDON, June 11 (Reuters) - The first liquefied natural gas (LNG) cargo to be shipped from Sempra Energy's $10 billion Cameron export terminal in Louisiana is heading to France, shiptracking data from Refinitiv and Kpler showed on Tuesday. Mitsui & Co Ltd, one of the partners in the Cameron project, is the charterer of the tanker, Marvel Crane, that picked up the commissioning cargo. The cargo, which loaded in late May, is set to arrive at France's Dunkirk on June 18, Refinitiv data showed.
Sempra Energy said on Friday the $10 billion Cameron liquefied natural gas export terminal in Louisiana had shipped its first cargo, making the plant the fourth big LNG export terminal to enter service in the United States. Mitsui & Co Ltd, one of the partners in the Cameron project, chartered the tanker, Marvel Crane, to pick up the commissioning cargo.
Mitsui & Co Ltd's Intercontinental Terminals Co (ITC) has begun evaluating and paying claims to Houston area residents who missed work or incurred medical expenses following a March fire at its petrochemical storage facility, the company said on Friday. A three-day blaze at ITC's tank farm in Deer Park, Texas, released toxic chemicals into the air and the nearby waterway that connects Houston to the Gulf of Mexico, halting traffic in the nation's busiest oil port. Houston area residents with health claims could receive up to $750 and those who missed work because of travel restrictions related to the fire could receive up to $500, ITC said.
All that cargo translates into thousands of miles driven within the facility each day, mostly by diesel vehicles, spewing pollutants. For APM Terminals, the part of global shipping company A.P. Moller-Maersk A/S that runs the Los Angeles terminal, the future of cargo handling looks like the future of driving: electric motors replacing gasoline engines, autonomous software replacing human workers. The company says the changes are necessary to meet California rules requiring container terminals to reach zero emissions by 2030 and to keep business from leaving for other coasts.
Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch ...
* Indonesia top loser, Malaysia outperforms * Philippines notches biggest weekly gain in SE Asia By Aditya Soni May 3 (Reuters) - Most Southeast Asian stock markets closed lower on Friday, following Wall ...
May 3 (Reuters) - Axiata Group Bhd: * AXIATA DIGITAL SERVICES SDN. BHD ANNOUNCES A STRATEGIC MINORITY INVESTMENT BY MITSUI & CO., LTD * INVESTMENT ESTABLISHES PRE-MONEY ENTERPRISE VALUE OF $500 MILLION ...
Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year - even without including two major Houston-area disasters in the last month still under investigation - according to a Reuters analysis of federal data. U.S. petroleum storage operators have added millions of barrels of capacity since 2015 when the United States lifted a 40-year ban on crude exports.
JAKARTA, April 26 (Reuters) - * A consortium led by Spain's Repsol is advancing their first production schedule from Saka Kemang oil and gas block in South Sumatra by 2 years, Indonesia's deputy energy ...
Japan's business mood slumped to a two-year low in the March quarter, a central bank survey showed, underscoring concerns that Sino-U.S. trade tensions and softening global demand were taking a toll on ...