Latest news with #SCCO
Yahoo
26-05-2025
- Business
- Yahoo
Is Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) a Strong ETF Right Now?
A smart beta exchange traded fund, the Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) debuted on 02/23/2016, and offers broad exposure to the Style Box - Small Cap Growth category of the market. Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. The fund is managed by Janus Henderson, and has been able to amass over $478.71 million, which makes it one of the average sized ETFs in the Style Box - Small Cap Growth. JSMD seeks to match the performance of the Janus Small/Mid Cap Growth Alpha Index before fees and expenses. The Janus Henderson Small/Mid Cap Growth Alpha Index selects small- and medium-sized capitalization stocks that are poised for smart growth by evaluating each company performance in three critical areas: growth, profitability, and capital efficiency. Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Annual operating expenses for JSMD are 0.30%, which makes it on par with most peer products in the space. JSMD's 12-month trailing dividend yield is 0.78%. ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation in the Industrials sector - about 27.10% of the portfolio. Healthcare and Information Technology round out the top three. Taking into account individual holdings, Southern Copper Corporation (SCCO) accounts for about 3.16% of the fund's total assets, followed by Neurocrine Biosciences Inc. (NBIX) and Hims & Hers Health Inc. Class A (HIMS). The top 10 holdings account for about 20.79% of total assets under management. So far this year, JSMD has lost about -2.60%, and is up about 8.81% in the last one year (as of 05/26/2025). During this past 52-week period, the fund has traded between $62.52 and $82.80. The ETF has a beta of 1.10 and standard deviation of 22.81% for the trailing three-year period. With about 259 holdings, it effectively diversifies company-specific risk. Janus Henderson Small/Mid Cap Growth Alpha ETF is a reasonable option for investors seeking to outperform the Style Box - Small Cap Growth segment of the market. However, there are other ETFs in the space which investors could consider. IShares Russell 2000 Growth ETF (IWO) tracks Russell 2000 Growth Index and the Vanguard Small-Cap Growth ETF (VBK) tracks CRSP U.S. Small Cap Growth Index. IShares Russell 2000 Growth ETF has $11.11 billion in assets, Vanguard Small-Cap Growth ETF has $17.92 billion. IWO has an expense ratio of 0.24% and VBK charges 0.07%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Small Cap Growth. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD): ETF Research Reports Southern Copper Corporation (SCCO) : Free Stock Analysis Report Neurocrine Biosciences, Inc. (NBIX) : Free Stock Analysis Report iShares Russell 2000 Growth ETF (IWO): ETF Research Reports Vanguard Small-Cap Growth ETF (VBK): ETF Research Reports Hims & Hers Health, Inc. (HIMS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
BBC News
28-04-2025
- Business
- BBC News
Oxford judge raps 'costs padding' no win, no fee solicitors
A judge has characterised the work undertaken by a firm of no win, no fee solicitors as "costs padding" in the case of a three-year-old boy who was injured on a Farm, near Christchurch, Dorset, agreed to pay damages of £3,600 for the boy's cut lip, Oxford County Court District Judge Richard Lumb said there was a suspicion that the costs reported by personal injury firm Express Solicitors, who represented the boy, may have been "artificially inflated" in order to reach a firm, in Wythenshawe, Greater Manchester, said it offered good value, was clear about its charges and had not received any complaint from its client. Judge Lumb said the firm's accounts showed nearly 90 hours of work by 14 fee earners, "all at hourly rates which were very significantly higher than the SCCO [Senior Courts Costs Office] guideline hourly rates for Manchester". The incurred costs of £29,641.80 were way in excess of the £1,860 recoverable from the defendant, he judgement continued: "It would appear that the solicitors were prepared to undertake tens of thousands of pounds worth of work for which they were not going to be paid."Any objective observer would consider that to be a very odd way for solicitors to conduct business."The judge added: "The file reveals a considerable amount of duplication of work both by individual and other fee earners."There is also a considerable amount of non-progressive work undertaken that could properly be characterised as 'costs padding'."The judge said it raised a suspicion that the costs were overstated in order for the firm to ensure that its fee would reach a capped he said the cap would have been reached in any case, and the firm could claim a £900 success fee from the a statement, Express said its practice was to agree a maximum amount by way of a percentage deduction that clients would ever have to executive James Maxey said: "In this case the judge awarded the deductions but was somehow unhappy that the costs exceeded the pitifully low fixed costs."An awful lot of work was done but the contract limited the total charges to the client to an amount which ultimately the judge approved." You can follow BBC Dorset on Facebook, X (Twitter), or Instagram.
Yahoo
28-04-2025
- Business
- Yahoo
Southern Copper Corp (SCCO) Q1 2025 Earnings Call Highlights: Strong Sales Growth Amid ...
Release Date: April 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Southern Copper Corp (NYSE:SCCO) reported a 20% increase in net sales for the first quarter of 2025, reaching $3 billion. Copper production remained stable at 240,226 tons, with positive results from Buena Vista SXCW cattle production and Toquepala concentrate production. Molybdenum production rose 9% in the first quarter, driven by higher ore rates at Toquepala, Caridad, and Buena Vista mines. The company expects to produce 968,200 tons of copper in 2025, a slight increase from the previous plan. Southern Copper Corp (NYSE:SCCO) maintained a competitive cash cost of $0.77 per pound of copper, a 21% reduction from the previous quarter. Copper production at La Caridad decreased due to a drop in ore grades and recovery rates. Total operating costs and expenses increased by 12% compared to the first quarter of 2024, driven by higher inventory consumption and other material costs. Refined zinc production dropped 11% in the first quarter compared to the same period in 2024. The company faces challenges with illegal miners at the Los Chankcas project, impacting project development. Concerns about a potential trade war between the US and China could negatively impact global copper demand. Warning! GuruFocus has detected 3 Warning Sign with OSTO:CCC. Q: How should we think about cash costs evolving for the rest of the year, and what was the reasoning behind the increase in the proportion of the share dividend? A: Raul Jacob, CFO: We are prudent in managing cash flow, balancing operational funding and shareholder returns. The first quarter saw higher tax payments, impacting cash flow, but this is not expected to recur in the rest of the year. We anticipate cash costs to remain in the range of $0.75 to $0.80 per pound of copper for 2025, assuming stable byproduct prices. Q: Can you provide details on the capital expenditure for Tia Maria and other projects? A: Raul Jacob, CFO: For Tia Maria, we expect to spend under $200 million in 2025, $980 million in 2026, and $460 million in 2027. Other projects like Michiquillay and Los Chancas will see increased spending as they progress from exploration to construction. Our forecasted capital expenditure is $1.5 billion for 2025, increasing to $2.3 billion in 2026 and $2.7 billion in 2027. Q: How flexible are you in selling more copper concentrate instead of refined copper given current market conditions? A: Raul Jacob, CFO: We must comply with contracts, which are over 70% based on refined copper. While TCRCs are favorable for concentrate producers, our smelters are competitive, and we see minimal difference between selling concentrates and refined copper. Our focus remains on fulfilling contracts and delivering to our industrial customer base. Q: What is the status of the Tia Maria project in terms of community acceptance and potential protests? A: Raul Jacob, CFO: The Tia Maria project has strong local support, with only a small group of protesters. The community is largely in favor, recognizing the project's benefits. We are working closely with local stakeholders to ensure smooth progress. Q: How does Southern Copper plan to respond to potential tariffs on copper imports to the US? A: Raul Jacob, CFO: If tariffs are imposed, we would reassign production to other markets to mitigate impact. We are hopeful that the US will continue to recognize copper's importance and maintain zero duties on imports. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
25-04-2025
- Business
- Yahoo
Southern Copper: Q1 Earnings Snapshot
PHOENIX (AP) — PHOENIX (AP) — Southern Copper Corp. (SCCO) on Friday reported net income of $945.9 million in its first quarter. On a per-share basis, the Phoenix-based company said it had profit of $1.19. The miner posted revenue of $3.12 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SCCO at Sign in to access your portfolio
Yahoo
23-04-2025
- Business
- Yahoo
Is Southern Copper Corporation (SCCO) the Best Stock To Buy According to Marjorie Taylor Greene?
We recently published a list of . In this article, we are going to take a look at where Southern Copper Corporation (NYSE:SCCO) stands against other best stock to buy according to Marjorie Taylor Greene. Marjorie Taylor Greene is one of the most active members of the Trump administration on the US stock market. Her latest disclosures show that Greene, who is the US representative for the 14th congressional district of Georgia since 2021, purchased stakes in several beaten down technology stocks in the days prior to the announcement of a 90-day pause on new Trump tariffs. Following the pause, the share prices of many of these technology stocks rallied. This trading activity has drawn the ire of social media, where users routinely highlight that lawmakers from both major parties in the US Congress should be banned from stock trading because of the apparent conflict of interest in owning shares of companies they can heavily influence with positions they can take in office. Like Greene, other US lawmakers active on the stock market, like Nancy Pelosi, are also in the spotlight following the latest bout of the US-China trade war. Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs. Taylor Greene sits on important Congressional committees, including the House Committee on Oversight and Accountability, where she is the Chairwoman of the Subcommittee on Delivering on Government Efficiency (DOGE). She is also on the House Committee on Homeland Security, where she sits on the Subcommittee on Counterterrorism and Intelligence, as well as the Subcommittee on Oversight, Investigations, and Accountability. Disclosures made by Greene through her latest transaction report reveal that the lawmaker sold between $50,000 to $100,000 worth of US Treasury Bills to fund the purchase of beaten down technology stocks just before an announcement by US President Trump that he was pausing for 90 days new tariffs that had earlier sent markets tumbling around the world. Greene is a staunch supporter of the tariffs, having said in a post on social networking platform X that tariffs were a powerful proven source of leverage to protect national interests. For this article, we consulted Capitol Trades, a platform that tracks the stock trading activity of politicians in the United States. It is important to clarify that the stocks listed below were picked from the public record of investments Marjorie Taylor Greene has made in the past few months. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A large open-pit mining site, its machinery providing a long-term supply of copper. Number of Hedge Fund Holders: 33 Southern Copper Corporation (NYSE:SCCO) is a mining company that focuses on the production of copper. According to a Periodic Transaction Report from April 11, Taylor Greene purchased Southern Copper Corporation (NYSE:SCCO) stock worth somewhere between $1,000 and $15,000 on April 8. This trade was disclosed the following day. Copper futures have been in turmoil since Trump announced sweeping tariffs on imports. Per a Reuters report, outright price turbulence of the metal overlays a re-configuration of the physical supply chain as traders ship more copper to the US, which is starting to tighten up availability everywhere else, including in China. After Trump announced a 90-day tariff pause for most countries, excluding China, copper prices rebounded from 17-month lows of $8,105 per metric ton to above $9,000 per ton within a few hours. A Bloomberg report contends that major players in the US copper industry have called on President Donald Trump to restrict exports of ore and scrap metal rather than imposing tariffs on imports, in his efforts to boost domestic production. Overall, SCCO ranks 20th on our list of best stock to buy according to Marjorie Taylor Greene. While we acknowledge the potential of these companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SCCO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
