Germany's Klingbeil to Support Push to End EU Capital-Markets Impasse
German Finance Minister and Vice Chancellor Lars Klingbeil said he'll support a push to try to break a deadlock on a decade-old European Union effort to deepen the bloc's capital markets.
'I've agreed with my French counterpart to collaborate' on this, Klingbeil said Friday during his first official visit of the Frankfurt stock exchange since becoming finance minister last month.
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Finland accuses senior crew of Russia-linked vessel in damage of undersea power cable in Baltic Sea
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By buying an index fund, investors can approximate the average market return. But if you pick the right individual stocks, you could make more than that. Just take a look at Bellway p.l.c. (LON:BWY), which is up 38%, over three years, soundly beating the market return of 14% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 16% in the last year, including dividends. After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the three years of share price growth, Bellway actually saw its earnings per share (EPS) drop 28% per year. This means it's unlikely the market is judging the company based on earnings growth. Therefore, we think it's worth considering other metrics as well. The revenue drop of 12% is as underwhelming as some politicians. The only thing that's clear is there is low correlation between Bellway's share price and its historic fundamental data. Further research may be required! You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values). Bellway is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth. If you are thinking of buying or selling Bellway stock, you should check out this free report showing analyst consensus estimates for future profits. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Bellway, it has a TSR of 58% for the last 3 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! We're pleased to report that Bellway shareholders have received a total shareholder return of 16% over one year. And that does include the dividend. That's better than the annualised return of 6% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
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33 minutes ago
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Finland accuses senior crew of Russia-linked vessel in damage of undersea power cable in Baltic Sea
HELSINKI (AP) — Finnish authorities have accused senior officers of a Russia-linked vessel that damaged undersea cables last year between Finland and Estonia of criminal offenses related to the wreckage. They say the oil tanker, the Eagle S, dragged its anchor to damage the Estlink-2 power cable and communication links between Finland and Estonia on Dec. 25. The Kremlin previously denied involvement in damaging the infrastructure, which provides power and communication for thousands of Europeans. The Eagle S is flagged in the Cook Islands, but has been described by Finnish customs officials and the European Union's executive commission as part of Russia's shadow fleet of fuel tankers. Those are aging vessels with obscure ownership, acquired to evade Western sanctions amid the war in Ukraine and operating without Western-regulated insurance. Russia's use of the vessels has raised environmental concerns about accidents given their age and uncertain insurance coverage. For the West, the incidents are a test of resolve in the face of what are believed to be widespread sabotage attacks in Europe allegedly linked to Moscow following its full-scale invasion of Ukraine in 2022. The Eagle S was carrying 35,000 tons of oil and investigators allege it left a drag trail with its anchor for almost 100 kilometers (62 miles) on the sea bed before it was stopped and escorted to the vicinity of a Finnish port. The senior officers, whose names were not made public, were the master, the chief mate and the second mate, Finnish police said in a statement Friday. The trio was responsible for the safe passage, navigation and operation of the tanker and are suspected of aggravated criminal mischief and aggravated interference with telecommunications. 'The criminal investigation has examined and assessed, among other things, the extent of their responsibility for the condition of the vessel and the degree to which they should have observed the anchor falling into the sea,' said Detective Chief Inspector Sami Liimatainen, who is leading the case for the National Bureau of Investigation. The investigators' findings have been referred to Finnish prosecutors for possible charges. The damage to the Estlink 2, which can provide about half of the electricity needs for Estonia in winter, did not disrupt service, although it did drive up energy prices in the Baltic nations. The cable is about 90 miles (145 kilometers) long and is located at a depth of 90 meters (295 feet) at its deepest point, across one of the busiest shipping lanes in Europe. The undersea cables and pipelines that crisscross the sea link Nordic, Baltic and central European countries, promote trade, energy security and, in some cases, reduce dependence on Russian energy resources.
