China industrial profits drop 5.5% in October, worst level in five months

China industrial profits drop 5.5% in October, worst level in five months

QINGDAO, CHINA – FEBRUARY 05 2025: Workers assemble cars at a car plant of SAIC-GM-Wuling in Qingdao city in east China’s Shandong province Wednesday, Feb. 05, 2025. ZHANG JINGANG | Future Publishing | Getty Images Profits at industrial firms in China declined in October, the National Bureau of Statistics said on Thursday, as manufacturers navigated…

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These stocks have strong total shareholder returns, says Morgan Stanley

These stocks have strong total shareholder returns, says Morgan Stanley

As investors seek returns from companies flush with cash, certain names stand above the rest, according to Morgan Stanley. Despite heavy growth in capital expenditures in the third quarter, cash balances at companies increased slightly, strategist Todd Castagno said in a note Tuesday. The Russell 1000 cash balance increased to $2.1 trillion in the quarter,…

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