Latest news with #ANF
Qatar Tribune
10-07-2025
- Politics
- Qatar Tribune
Kurdistan Workers' Party demands leader's release for peace process
Istanbul The Kurdistan Workers' Party (PKK) is insisting on the release of Abdullah Öcalan, its leader jailed since 1999, before a peace process with Turkey can make progress, the Kurdish Firat News Agency (ANF) reported on Thursday. The PKK also said through the Amsterdam-based ANF that both sides had to drive the process forward. It criticized inaction on the part of the Turkish government. Öcalan is being held on a prison island in the Sea of Marmara south of Istanbul. The PKK, which is listed as a terrorist organization by Turkey, the European Union and the United States, announced its dissolution in May in response to a call from Öcalan issued in February. The pro-Kurdish Peoples' Equality and Democracy Party (DEM Party), which is represented in the Turkish parliament, has announced that the PKK will begin surrendering its arms in northern Iraq on Friday. (DPA)
Yahoo
07-07-2025
- Business
- Yahoo
Why Abercrombie and Fitch (ANF) Shares Are Falling Today
Shares of young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) fell 3.4% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements. Earlier in the day, President Trump confirmed that Japan and South Korea would face new 25% tariffs on their imports to the US, effective August 1st. These announcements came ahead of the broader July 9th expiration of a 90-day pause on reciprocal tariffs, which failed to produce comprehensive trade deals with most nations. This action against two major trading partners, coupled with the ongoing threat of further tariffs on countries associated with the BRICS bloc, injected significant uncertainty and apprehension into global markets. Investors were likely reacting to the increased costs for businesses, potential disruptions to global supply chains, and the broader implications for international trade relations. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Abercrombie and Fitch? Access our full analysis report here, it's free. Abercrombie and Fitch's shares are extremely volatile and have had 38 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Abercrombie and Fitch is down 42.2% since the beginning of the year, and at $88.50 per share, it is trading 50.6% below its 52-week high of $179.24 from July 2024. Investors who bought $1,000 worth of Abercrombie and Fitch's shares 5 years ago would now be looking at an investment worth $8,584. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
02-07-2025
- Business
- Yahoo
Abercrombie & Fitch (NYSE:ANF) Sees 12% Increase In Share Price Over The Past Month
Abercrombie & Fitch recently experienced a notable 12% increase in its share price over the past month. This price movement aligns somewhat with broader market trends, where tech and crypto-related stocks have seen gains, though the S&P 500 and Nasdaq saw fluctuations due to trade talks and labor market data. While the company's rise can be partly attributed to general positive market conditions, there were no specific events directly impacting ANF during this period. Investors are likely keeping an eye on both global economic indicators and sector performance as they assess potential impacts on retail stocks. You should learn about the 1 warning sign we've spotted with Abercrombie & Fitch. Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The recent 12% rise in Abercrombie & Fitch's share price aligns with a broader market upswing, though the company's strong five-year total return of over 756% shows a very large appreciation beyond short-term movements. This long-term performance reflects the benefits of its international expansion and focus on digital shopping enhancements, which have driven revenue and margin improvements. However, over the past year, ANF underperformed both the US market, which returned 13.9%, and the US Specialty Retail industry, which grew by 11.1%. While there are no specific recent events to explain the price boost, potential impacts on future revenue and earnings can't be dismissed. Positive market conditions might enhance consumer sentiment, potentially translating to increased sales revenue, especially as ANF ventures further into online retail. However, analysts anticipate modest revenue growth of 3.1% annually over the next three years, with some margin compression from 11.4% to 10.3%. The share price of US$69.59 positions ANF at a significant discount to the US$121.47 analyst price target, suggesting market skepticism about achieving forecast earnings of US$559 million by May 2028. With expectations of trading at a 11.3x price-to-earnings ratio in 2028, the attractiveness of the current valuation may hinge on operational success and strategic execution in line with their digital and international aspirations. According our valuation report, there's an indication that Abercrombie & Fitch's share price might be on the cheaper side. This 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. Companies discussed in this article include NYSE:ANF. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Express Tribune
26-06-2025
- Politics
- Express Tribune
PM, President reaffirm commitment to eradicating drug abuse
Listen to article Prime Minister Muhammad Shehbaz Sharif and President Asif Ali Zardari have reiterated their unwavering commitment to eliminating drug abuse and strengthening collective efforts to tackle the menace, emphasising the importance of a united front to combat this pervasive issue. In their separate messages on the observance of International Day Against Drug Abuse and Illicit Trafficking, both leaders called for concerted efforts from all stakeholders, including government institutions, civil society, the private sector, and international partners, to eradicate drug abuse from society. Shehbaz, in his message, recognised the gravity of the drug abuse issue, acknowledging the government's ongoing efforts to combat the menace. Read: Two female drug suspects exonerated He pointed out that while the government is fully aware of the challenges, the success of these efforts will ultimately depend on the collective resolve of individuals, society and the broader community. He also underscored that drug abuse and trafficking are unacceptable not only in terms of Pakistan's international obligations but also in relation to the country's legal framework and societal norms. PM Shehbaz expressed deep respect for law enforcement agencies, praising their sacrifices and tireless work in dismantling drug networks and ensuring a narcotics-free Pakistan. Read more: TikToker Babrah arrested for drug dealing Meanwhile, President Zardari said Pakistan remains steadfast in its fight against drug abuse and illicit trafficking, underlining the significant role played by the Anti-Narcotics Force (ANF), which operates under the Ministry of Interior and Narcotics Control, in curbing the drug trade. He stressed that the government would continue to take strong measures to rid the nation of these harmful practices. Zardari also highlighted the need for greater awareness and education, particularly among the youth, about the dangers of drug abuse. He called on citizens to unite in efforts to eliminate drugs and contribute to creating a safer, healthier society for future generations. Both leaders expressed their gratitude towards law enforcement agencies, paying tribute to those who have lost their lives in the fight against drug abuse and trafficking. In conclusion the premier and the president urged all citizens to stand together in the battle against drugs and reaffirmed their commitment to fostering a drug-free society through cooperation and sustained effort.
Arab News
24-06-2025
- Politics
- Arab News
Pakistan boosts intelligence-sharing with Gulf states to curb drug trafficking
KARACHI: Pakistan and Gulf countries have intensified efforts to combat drug trafficking by enhancing intelligence-sharing, Pakistan's Anti-Narcotics Force (ANF) said on Tuesday, with Oman appointing a drug liaison officer in Islamabad. The development comes months after Islamabad hosted the Pakistan-Gulf Cooperation Council (Pak-GCC) Counter-Narcotics Conference, marking the first-ever formal assembly of anti-narcotics leadership from Pakistan and all six GCC member states, including Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Oman and Kuwait along with special observers from Italy. For years, drug traffickers have exploited geographical and technological loopholes, using Pakistan as a transit hub and GCC nations as lucrative markets, according to the ANF. Despite ongoing efforts, the scale of smuggling seizures continues to expand, with traffickers now leveraging the dark web, cryptocurrency, and synthetic drug manufacturing to evade law enforcement agencies. 'During the conference, the Director-General of Narcotics of the Sultanate of Oman announced the appointment of drug liaison officer in Pakistan,' the ANF said in a statement. 'Acting on this decision, Mr. Suleiman Al-Hanai has been appointed as Oman's first Drug Liaison Officer in Pakistan who has assumed his official responsibilities in Islamabad.' The announcement signals a new phase in relations between the two countries as they align their efforts in the global war on drugs, according to the ANF. The appointment reflects a shared commitment by Pakistan and Oman to safeguard their societies and promote a drug-free environment across the Gulf and South Asian regions. In recent years, the ANF has successfully intercepted tones of illicit drugs, dismantled trafficking rings through road, border, dry port, airport and sea routes, and strengthened global relationships. With its advanced intelligence capabilities and strategic operations, the ANF has intensified collaboration with GCC security agencies, ensuring that traffickers find no safe passage between these regions. In June 2024, the ANF also stepped up its international cooperation against drug trafficking through a workshop backed by the United Nations Office on Drugs and Crime, uniting national, regional and global agencies to strengthen data-sharing and coordination.
