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These 'steady compounders' have delivered superior earnings growth for the past decade, Bank of America says
These 'steady compounders' have delivered superior earnings growth for the past decade, Bank of America says

CNBC

time29-07-2025

  • Business
  • CNBC

These 'steady compounders' have delivered superior earnings growth for the past decade, Bank of America says

A slate of companies that have posted "consistent and superior" earnings growth over the past 10 years could be poised for strong performances and are worth watching, according to Bank of America. "Since data began in 1998, the Global Steady Compounders have annualized 5.2% outperformance versus the MSCI AC World Index and have outperformed in more months than most strategies we monitor," strategist Nigel Tupper wrote in a Tuesday note. "Stocks screening as Steady Compounders tend to outperform for extended periods." There are circumstances in which "steady compounders" don't fare well. Tupper wrote that the names tend to underperform when bond yields rise with inflation and in "significant" risk-on market periods, given that the stocks reflect earnings stability. The strategist screened for stocks that have an average score of above 95 out of 100 based on 10-year earnings growth, "stable" earnings growth, the stock's two-year earnings per share growth forecast, earnings revisions and its 12-month return. The current earnings season has been solid thus far, which has helped send the market to new highs . Of the 199 S & P 500 companies that have reported earnings, nearly 82% have beaten expectations, per FactSet. Here are some of the names that popped up in the U.S. "steady compounders" screen. Global payments technology company Visa was among the names tied for the highest score on the list, with a score of 100 in the steady compounders rank. Shares have outperformed the S & P 500 in 2025, rising nearly 12%, versus the broad market index's roughly 8% gain during the period. Visa is scheduled to report its quarterly results for the fiscal third quarter after the bell Tuesday. Analysts surveyed by LSEG are expecting the company to post double-digit-percentage earnings and revenue growth compared to the prior-year period. Most analysts on Wall Street are bullish on Visa, as 32 out of 40 total analysts have a strong buy or buy rating on the name, per LSEG data. Microsoft , which reports after the bell on Wednesday, had a score of 100 as well. Analysts expect the "Magnificent Seven" company to post around 14% earnings and revenue growth year over year. The stock has similarly outpaced the broader market, seeing a meaningful advance in 2025 of more than 21%. Like Visa, a majority of the Street is optimistic on the stock's trajectory over the next several months, with 56 among the 62 analysts covering it having a strong buy or buy rating. Financial technology platform Intuit also made the cut at 100 in the steady compounders rank. The stock has soared more than 27% in 2025 and around 35% over the past six months, outperforming the broader market. The company is slated to post its earnings results in late August.

Canada Election 2025: Who Was Charles Tupper, The 68-Day Prime Minister
Canada Election 2025: Who Was Charles Tupper, The 68-Day Prime Minister

NDTV

time24-04-2025

  • Politics
  • NDTV

Canada Election 2025: Who Was Charles Tupper, The 68-Day Prime Minister

Ottawa: Mark Carney, the 24th Prime Minister of Canada, has called a snap election months ahead of the scheduled October polls. Elected the leader of the Liberal Party and sworn in as Prime Minister in March 2025, Mr Carney heads into the elections with some edge over his Conservative counterpart Pierre Poilievre. There is no fixed term for the Prime Minister in Canada. He or she can hold the office as long as they have the confidence of the majority of the House of Commons. The shortest tenure in Canadian political history was that of Charles Tupper, who held the office for just 68 days in 1896. Mr Tupper's brief and turbulent time at the helm serves as a reminder of how quickly leadership can shift in a parliamentary democracy. About Charles Tuppe Born in Amherst, Nova Scotia, in 1821, Mr Tupper was a trained physician. He earned his medical degree in Scotland in 1843 before returning home to practice. According to the Dictionary of Canadian Biography and The Canadian Encyclopedia, he is the only prime minister of Canada to have had a medical background. Yet it was politics, and not medicine, that defined his legacy. Mr Tupper began his political career by defeating Liberal stalwart Joseph Howe in 1855 to secure a seat in Nova Scotia's provincial assembly. As part of the Conservative Party, he swiftly rose through the ranks, eventually becoming premier in 1864. His support for a united Canada played a critical role in shaping the Confederation. He persuaded the Nova Scotia House of Assembly to support the federal union in 1866, paving the way for the birth of Canada in 1867, according to a report in The National Post. After Confederation, he transitioned to federal politics, serving in various roles under Prime Minister John A. Macdonald, including Minister of Public Works and Minister of Railways and Canals. Even while stationed in London as Canada's High Commissioner to the UK, he remained a key political figure. His return to active politics came after the sudden death of Prime Minister John Thompson in 1894. When Mackenzie Bowell failed to manage a party crisis over Manitoba's education rights for Francophones, Mr Tupper was asked to step in as Secretary of State, with a clear understanding that he would become prime minister once Parliament was dissolved, according to a report in the National Post. Mr Tupper formally assumed the premiership on May 1, 1896, at the age of 74, making him the oldest person to ever take office as Canadian prime minister. But his time was limited. Though the Conservatives won the popular vote in the June 23 election, they failed to secure a majority in the House of Commons. Wilfrid Laurier's Liberals clinched more seats, forming a minority government. He initially resisted relinquishing power, questioning Mr Laurier's ability to govern. He even attempted to make appointments, which were rejected by then-Governor General Lord Aberdeen. Ultimately, Mr Tupper was compelled to resign without ever having set foot in Parliament as prime minister. "He even began making appointments, none of which were approved by Lord Aberdeen," the National Post reported. If Mark Carney fails to secure a win in the April 28 election, he will replace Charles Tupper as Canada's shortest-serving Prime Minister, with just 45 days in office.

Increasing wildfire risk requires permits, extra precautions
Increasing wildfire risk requires permits, extra precautions

Yahoo

time18-04-2025

  • Climate
  • Yahoo

Increasing wildfire risk requires permits, extra precautions

Apr. 18—Fire officials are warning Mainers to take extra precautions with outdoor burning and other fire-related activities because of the increased wildfire risk that follows the spring thaw. Recent brushfires have been reported in Lebanon, North Berwick and Greenwood. The Maine Forest Service is reporting high wildfire risk across the southern half of the state, with moderate risk across the northern counties, according to the Wildfire Danger Report at "As we enter a period and season of increased wildfire risk, it's vital for everyone to stay informed and take proactive measures," said Raymond Fire Chief Bruce Tupper. "Together, we can protect our homes and natural resources." Spring conditions such as dry underbrush and rising temperatures have increased the risk of wildfires across the state, Tupper said in an emailed statement. In Maine, a valid open-burning permit is required for most outdoor fires, including brush piles, debris burning, and campfires and fireworks. Permits can be obtained online through the forest service or by contacting local fire departments. Burning is permitted only when the fire danger is low to moderate, depending on wind conditions. Burning when the risk is high, very high or extreme is prohibited. Violations may result in fines or legal action. "Although a permit is issued, you are still responsible if the fire gets out of hand," Tupper said. "If unpredicted winds kick up, extinguish the fire." The forest service assigns daily fire danger ratings based on temperature, humidity, wind speed, recent precipitation and fuel moisture content. "When there is little to no new, green vegetation popping up, wildfire conditions change quickly with just a little bit of wind," Tupper said. "The wind can carry flames to last year's fallen leaves, downed branches and twigs." Changing environmental conditions may be driving wildfires into new territories and seasons, said Scott Doyle, spokesman for Raymond Fire & Rescue. Maine's wildfire season is typically late March through late November. "We have been seeing wildland fires catching in places the last six months that typically do not have large wildland fires to battle," Doyle said. "We want citizens and visitors to be safe with fire to help avoid a catastrophic event here in Maine." These steps can help prevent wildfires and property damage: —Clear a 30-foot space around buildings that's free of dead leaves, brush and other flammable materials. —Use fire-resistant landscaping, including plants and ground covers that reduce fire risk. —Make sure grills, fire pits and chimneys are clean and functioning properly. —Always have two adults present when burning outdoors and extinguish fires completely before leaving. —Keep rakes, shovels and water nearby so fires can be extinguished quickly. Copy the Story Link

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