|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.89 - 18.09|
|52 Week Range||12.68 - 20.11|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||44.84|
|Forward Dividend & Yield||0.16 (0.92%)|
|1y Target Est||N/A|
Attractive stocks have exceptional fundamentals. In the case of Abcam Plc (LON:ABC), there’s is a company with great financial health as well as a a strong track record of performance.Read More...
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Abcam Plc (LON:ABC), with a market cap of UK£2.76b, often get neglectedRead More...
A nationwide protest by Brazilian truckers was slow to unwind on Monday, even after the week-long demonstrations against diesel price hikes got the government to cave to their demands, causing stocks and the currency to slide. Brazilian truckers association Abcam, which says it represents at least 600,000 independent truck drivers, called on members to stand down, but warned that unwinding protests would take time. The truckers' protest left South America's biggest city and economic hub Sao Paulo, and hundreds of communities across the country, without fuel, emptying normally gridlocked roads.
Brazilian truckers association Abcam said in a written statement on Friday that it had rejected the government's accord with other driver groups to end a nationwide blockade that has paralyzed key sectors of Latin America's biggest economy. Abcam, the group that started the protests on Monday, said it would not back down until fuel tax cuts promised by the government became law, which would not happen until next week at the earliest. Abcam, which says it represents 600,000 drivers, told its members to remain "firm" in keeping its protest in place.
A nationwide truck drivers' protest in Brazil was slow to wind down on Friday despite an agreement to end the mobilization, with many highway blockades in place for a fifth straight day rattling sectors from agribusiness to automaking. Negotiators for several trucker groups agreed late on Thursday to immediately suspend the strike for 15 days after the government vowed to stabilize diesel prices, which could cost it 5 billion reais ($1.4 billion) this year. To win over truckers, who began the blockades on Monday to protest high fuel prices, the government also promised to extend for 30 days a 10 percent diesel price cut announced by state-led oil company Petroleo Brasileiro SA.
BRASILIA/SAO PAULO, May 23 (Reuters) - A meeting between the Brazilian government and a group representing truck drivers on Wednesday failed to negotiate an end to protests over diesel prices upending numerous industries that are set to extend to a fourth day. Road blockages have affected transportation of goods ranging from soy and auto parts to animal feed and gasoline, creating long lines at gas stations and spurring concerns that some of Brazil's busiest airports could run out of jet fuel.
Brazilian trucker association Abcam said on Tuesday that drivers would continue to protest high diesel prices even after the government said it would cut one tax levied on fuel sales at the pump. The CIDE tax cut does not solve the problem of diesel prices as it only represents a fraction of the taxes levied on fuel, Abcam's press office said. The association called for the elimination of all fuel taxes, adding that truck drivers would continue to protest on Wednesday.
Abcam, the group organizing the demonstrations across the country, said the truckers were protesting in 15 states, including those that are agricultural, industrial and transport hubs. Federal highway police did not have an immediate comment on the extent of the blockades nor how they were disrupting traffic around the country. The demonstrations put pressure on the government to provide relief from rising fuel costs, which could mean either backsliding on efforts to close Brazil's fiscal deficit or interfering in the state-run oil company's pricing policy.