Everywhere you look, FTSE 100 stocks are crashing. Travel operator TUI AG is down 40% over the last month. Cruise operator Carnival is down 30%. Overall, the FTSE 100 is down around 15%. Yet not every company is having a rough time of it. Two of the best performers of recent years are defying the downturn and have continued to grow over the last month. Now could be a good time to check out the Hikma Pharmaceuticals (LSE: HIK) and Rentokil Initial (LSE: RTO) share prices, which are staying afloat, as almost every other company sinks along with the market.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Pharmaceutical stocks tend to hold their own when stock markets are falling, because people continue to fall ill in a recession, often more than before. Hikma PharmaceuticalsThis is particularly true now, as markets fall due to the coronavirus global health scare. Hikma stock is up around 5% over the last week, at time of writing. Over two years, it’s up 124%.Hikma was given a timely lift by a positive set of preliminaries last week, which showed group core revenue up 6%, with group operating profit surging 33% to $493m. It also strengthened its balance sheet by trimming net debt to $242m, while raising his full-year dividend more than 15% to 44 cents per share.Many investors overlook Hikma as they target pharma big guns AstraZeneca and GlaxoSmithKline. But this £4.72bn stock has huge growth potential, launching 108 new products across all its global markets last year, and signing 18 licensing agreements for the US and MENA. Its flowing pipeline should help drive future revenues.Hikma shares should also benefit from its recent blockbuster agreement with Glenmark Pharmaceuticals. Some pharmaceutical stocks have soared on speculation about developing new coronavirus treatments, leaving them overbought.But that isn’t the driver here. Hikma is just a very good company on a roll. Yet it trades at a modest valuation of 14.5 times forward earnings, while its 1.8% yield is covered 3.7 times by earnings, giving plenty of scope for growth. I’d buy it for the long-term.Rentokil InitialRentokil Initial is also up around 5% over the past week, and a bumper 100% over two years, during which time the FTSE 100 as a whole actually fell 7.5%.The £9.59bn group is a direct beneficiary of current worries because, along with its renowned pest control services, it also supplies hand washing and hand sanitising services. Again though, this is far from a pure coronavirus play. Last week, the Rentokil share price flew as it posted a 10% increase in adjusted pre-tax profits to £341m, with organic revenue growth of 4% — its highest level in 15 years.This is a global business, and is performing strongly in its Pacific business region, as countries urbanise and pest control becomes more important, as well as in the UK and Europe.The big concern is that, after recent share price success, Rentokil stock looks pricey. It trades at 31.8 times forecast earnings, while the yield is relatively low at 1.4%, despite progressive management that recently hiked payouts by 15.2%.I’d prefer a more reasonable valuation, but this stock is in demand right now. Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. These 2 FTSE 100 growth stocks I like are climbing while markets crash Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Hikma Pharmaceuticals. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address Harvey Jones | Friday, 6th March, 2020 | More on: HIK RTO Our 6 ‘Best Buys Now’ Shares See all posts by Harvey Jones
The Consumer Financial Protection Bureau on Tuesday issued three new policies to promote innovation and compliance. The CFPB issued the No-Action Letter (NAL) Policy; Trial Disclosure Program (TDP) Policy; and the Compliance Assistance Sandbox (CAS) Policy. According to the CFPB, regulatory uncertainty can “hinder the development” of innovative products and services that benefit consumers. NALs provide increased regulatory certainty through a statement that the CFPB will not bring a supervisory or enforcement action against a company for providing a product or service under certain circumstances. “The new NAL Policy improves on the Bureau’s 2016 NAL Policy by having, among other things, a more streamlined review process focusing on the consumer benefits and risks of the product or service in question.” the CFPB says. The CFPB’s first NAL under the new policy is in response to a request by the Department of Housing and Urban Development (HUD) on behalf of more than 1,600 housing counseling agencies (HCA) that partake in HUD’s housing counseling program. HUD discussed concerns in 2018 to the CFPB about the HCAs and lenders not entering into agreements that would fund counseling services due to uncertainty of the Real Estate Settlement Procedures Act (RESPA). A group of HUD Intermediaries filed a comment letter in February 2019 on the insufficiency of the CFPB’s prior NAL policy and supporting the new on. “The no-action letter essentially states that the Bureau will not take supervisory or enforcement action under RESPA against HUD-certified HCAs that have entered into certain fee-for-service arrangements with lenders for pre-purchase housing counseling services,” the release states. “The NAL, which is an exercise of the Bureau’s supervisory and enforcement discretion, is intended to facilitate HCAs entering into such agreements with lenders and will enhance the ability of housing counseling agencies to obtain funding from additional sources.”The new TDP policy allows entities looking to improve consumer disclosures to conduct in-market testing of alternative disclosures upon permission by the CFPB. CFPB’s new CAS Policy allows the testing of a financial product of service where there is regulatory uncertainty. September 11, 2019 1,153 Views Promotion of Innovation, Compliance Addressed in New CFPB Policies Home / Daily Dose / Promotion of Innovation, Compliance Addressed in New CFPB Policies Governmental Measures Target Expanded Access to Affordable Housing 2 days ago CFPB HUD Policy 2019-09-11 Mike Albanese Demand Propels Home Prices Upward 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Mike Albanese Tagged with: CFPB HUD Policy Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Financial Services Bills Address Rural Housing and Appraisals Next: Ginnie Mae, NewDay USA Reach Agreement on VA Loans Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, News Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Print This Post
The 32 year old Limerick fighter will face KeAndrae Leatherwood in an 8 round middleweight contest at Madison square Gardens.Michael Conlan fights in New York the night before with all these bouts building up to the World title fight of Gennady Golovkin and Daniel Jacobs.
The golf season may be in the rearview mirror, but before the weather turned frightful players took to Granite Pointe to participate in the City of Nelson Tournament.The tournament was a fundraiser for the Angelo Mastorbuno Bursary, handed out yearly to a student at L.V. Rogers High School in Nelson.Mallard’s Source for sports would like to salute the players, and the organizing commmittee with Team of the Week honours. The tournament was a hit with the players and goes onto honouring the City of Nelson worker.
SANTA ANITA STATISTICS TrainerMts1st2nd3rdWin%ITM%Money Won Kent Desormeaux62149623%47%$898,538 TRAINER ARMANDO LAGE DEAD AT AGE 59Trainer Armando Lage died of a heart attack at 2 a.m. Tuesday morning at his home in Richmond, California, according to his long-time friend, fellow trainer O.J. Jauregui. Lage (pronounced LA-hay) was 59.A memorial service will be held 11 a.m. Saturday at Golden Gate Fields, where Lage was a Bay Area fixture in recent years. He had 1,259 career wins from 9,083 starters who earned more than $20 million.“He was a good trainer and a better person,” said fellow trainer Steve Miyadi. “He was strong mentally and physically, a great father and a stand-up guy who told it the way it was, which so few do.”Lage is survived by his wife, Iga, two daughters and several grandchildren. FINISH LINES: Jockey Drayden Van Dyke, 22, is at home in Pasadena recovering from a broken right arm suffered in a two-horse spill at Santa Anita on Jan. 26. “He’s out of the hospital and had lunch the other day with Mike Smith,” said Van Dyke’s agent, Brad Pegram, who also represents Smith . . . San Clemente Handicap winner Mokat worked five furlongs on Santa Anita’s fast main track Thursday in 1:00.60 under Kent Desormeaux, after which trainer Richard Baltas said her next race would be the Grade II, $200,000 Buena Vista Stakes at a mile on grass Feb. 18 . . . There were 261 recorded works Thursday, 22 on the dirt training track . . . There is a Pick Six carryover of $71,437.76 going into today’s card, with the total pool expected to approach $500,000 . . . Santa Anita hosts the Dumpling and Wonton Festival Saturday. Patrons can snack on scrumptious Asian and Asian-inspired dumplings and wontons on Santa Anita’s trackside apron. Buy online and save at www.santaanita.com/events . . . On Sunday, the day of The Big Game, live racing at Santa Anita begins at 11 a.m., allowing fans to watch The Big Game at Sirona’s Sports Bar after the races or to be home in time to view it. Sirona’s will offer $5 drink specials all day. General admission to the track that day is only one dollar . . . Clocker Andy Harrington will be Tom Quigley‘s guest Saturday at 11:20 a.m. in the East Paddock Gardens. There is no seminar Sunday. Peter Miller441113525%66%$659,790 Doug O’Neill688151112%50%$649,658 JockeyMts1st2nd3rdWin%ITM%Money Won ROYAL MO SET FOR THREE-YEAR-OLD DEBUT IN LEWISRoyal Mo, a bay son of Uncle Mo trained by John Shirreffs for owners Jerry and Ann Moss, drew the rail against four other three-year-olds entered in Saturday’s Grade III Robert B. Lewis Stakes, a major steppingstone to the Grade I, $1 million Santa Anita Derby on April 8.Trainer Doug O’Neill has three of those entered in the 1 1/16-mile Lewis, which offers 17 Kentucky Derby qualifying points, 10 to the winner.“Royal Mo is coming into the race good, very nice,” said Shirreffs, who also conditions Grade III Sham Stakes winner Gormley for the Mosses. “I don’t have any particular (pre-race) strategy. I think Victor (Espinoza) will determine that.”Royal Mo broke his maiden in his most recent start, leading throughout going a mile at Del Mar last Nov. 27 under Espinoza, who has been aboard for all three of his races.Gormley, who won the Grade I FrontRunner Stakes as a two-year-old last December, worked four furlongs Thursday for the Grade II San Felipe Stakes on March 11. With Espinoza up, the son of Malibu Moon was timed in 49.60, going a quarter mile in 25.60 with a five furlongs gallop out of 1:02.60.The field for the Lewis, which goes as the second event on a nine-race card that starts at 12:30 p.m.: Royal Mo, Victor Espinoza, 5-2; Irap, Mario Gutierrez, 3-1; Dangerfield, Kent Desormeaux, 7-2; Term of Art, Tyler Baze, 9-2; and Sheer Flattery, Mike Smith, 2-1. Tyler Baze932019822%51%$884,067 Jerry Hollendorfer581081117%50%$890,959 (Current Through Sunday, Jan. 29) Norberto Arroyo, Jr.6195315%28%$449,530 HOPPERTUNITY, MOR SPIRIT HEAD SAN ANTONIOBob Baffert sends out two Grade I winners in Saturday’s San Antonio Stakes, a forerunner to the Grade I Santa Anita Handicap on March 11. They are long distance specialist Hoppertunity, winner of the Grade I Jockey Club Gold Cup, and Mor Spirit, winner of the Grade I Los Alamitos Futurity.Hoppertunity, a six-year-old full horse, has not raced since finishing fourth in the Grade I Clark Handicap last Nov. 25. Mor Spirit rallied for fourth in the Grade I Malibu Stakes at seven furlongs on Dec. 26, his first start since the Kentucky Derby last May 7.Hoppertunity, a son of Any Given Saturday, drew the rail, where Baffert seems to be living recently, although it didn’t hamper Arrogate in the Pegasus.“I don’t know why they always stick me in the one hole, but Hoppertunity is doing really well,” Baffert said. “He’s training very well but I hated to see him down on the inside. I think Mor Spirit needed that race (fourth in the Malibu at seven furlongs on Dec. 26). He’s been working really well, and he’s quicker (than Hoppertunity).”The field for San Antonio, for four-year-olds and up at 1 1/16 miles: Hoppertunity, Flavien Prat, 2-1; Avanti Bello, Mario Gutierrez, 12-1; Prospect Park, Norberto Arroyo Jr., 10-1; El Huerfano, Victor Espinoza, 12-1; Mor Spirit, Mike Smith, 3-1; Dalmore, Kent Desormeaux, 8-1; Accelerate, Tyler Baze, 5-2; and Hard Aces, Santiago Gonzalez, 6-1.TWENTYTWENTYVISION BACK ON TURF IN SAN MARCOSTurf specialist Twentytwentyvision performed admirably to finish third in the San Gabriel Stakes last out, despite the fact that the 1 1/8-mile race was run over a sloppy main track when wet weather forced it to be moved from the grass.Trainer Richard Mandella expects Saturday’s Grade II, $200,000 San Marcos Stakes at a mile and a quarter to remain on turf when Twentytwentyvision runs from the 13 post position in a full field of 14 entered.In 15 career starts, Twnetytwentyvision has run 10 on turf, winning four, with three seconds and three thirds.“I think turf is a little better for him and a mile and a quarter should suit him,” Mandella said. “I expect him to run a big race and I’m not concerned about being on the outside going this distance.”The San Marcos, the last of nine races: A Red Tie Day, Corey Nakatani, 15-1; Flamboyant, Brice Blanc, 4-1; Itsinthepost, Tyler Baze, 12-1; Blue Tone, Martin Garcia, 12-1; Texas Ryano, Joe Talamo, 3-1; Power Ped, Stewart Elliott, 20-1; Gustnado, Rafael Bejarano, 20-1; Perfectly Majestic, Kent Desormeaux, 10-1; Conquest Daddyo, Luis Contreras, 12-1; Some in Tieme, T.J. Pereira, 15-1; Isotherm, Flavien Prat, 6-1; Hi Happy, Altair Dominguez, 10-1; Twentytwentyvision, Mike Smith, 6-1; and Frank Conversation, Mario Gutierrez, 6-1. ARROGATE ‘LOOKS GOOD’ AFTER PEGASUS ROMP Horse of the World Arrogate, who returned to his Santa Anita base this past Sunday at 6:30 p.m., appears none the worse for wear after conquering two-time Horse of the Year California Chrome and 10 others in the inaugural $12 million Pegasus World Cup Invitational at Gulfstream Park Saturday.“He looks great,” trainer Bob Baffert said while supervising workouts at Santa Anita on a brisk Thursday morning. “He was out jogging here today but we have no plans yet (for his next race). We’ve got a lot of options but we’re going to give him a couple weeks to see how he’s doing before we decide.“I haven’t really mapped out a schedule for him, although it looks like the race didn’t take a lot out of him. He looks good.”Arrogate, who won the $6 million Breeders’ Cup Classic here on Nov. 5, won the Pegasus geared down by 4 ¾ lengths, earning $7 million for owner Juddmonte Farms Inc. Rafael Bejarano7511101515%48%$698,083 Flavien Prat902091522%49%$1,218,768 Philip D’Amato3584623%51%$563,575 PEGASUS KING ARROGATE IS BACK HOME AT SANTA ANITALEWIS STRATEGY FOR ROYAL MO WILL BE UP TO ESPINOZABAFFERT HAS TWO FOR THE MONEY IN GRADE II SAN ANTONIOHINDSIGHT IS LOOKING GOOD FOR TWENTYTWENTYVISIONRACING MOURNS THE PASSING OF TRAINER ARMANDO LAGE Richard Baltas58911816%48%$523,963