Daphne

Nuclear power company Westinghouse Electric and Seaspan ULC said on Thursday they have signed a memorandum of understanding to help expand nuclear projects in Canada and around the world. With nuclear power garnering renewed interest as a cleaner energy source, countries such as Italy, United Kingdom, China and the United States are looking into nuclear technology firms such as Westinghouse to meet their carbon emission goals. Westinghouse said Seaspan, which provides services such as shipbuilding and maintenance, has the potential to manufacture key components, including pipe spools and steel structures, used in its nuclear reactors.

No mention here of fires in North America and Europe

Hoping FFH is sweeping the floor at these rock bottom prices

DJ is down close to 1k points

Eurobank produced another solid set of results in the first half. EPS amounted to 20cents, tangible book value per share increased to €2.25, while RoTBV reached 18.5%.

Political backdrop is ignored at your peril…its an important component of risk management.

I know a Canadian medical dr who paid 80k to relinquish his us citizenship

Sounds like a step toward retirement

It was a part of a larger analysis on what to expect from cdn insurers this reporting season

* Fairfax Financial Holdings Ltd. ( FFH-T +0.63%increase ) to $2,000 from $1,900. Average: $1,828.09. Analyst: “We believe Fairfax’s current valuation does not fully reflect the company’s earnings potential and remains an attractive opportunity for investors. We believe the stock should garner a sustainable re-rate on the back of the organic expansion in its insurance operations, which likely enhances the company’s ROE and the growth rate potential of its book value, and potentially adds greater consistency to both metrics. The company is likely well positioned for the current rate environment and has locked in a much higher run-rate of operating investment income as a result of the rise in bond yields and its short-duration portfolio. Further, given its value investing approach, we think it has the potential to continue to generate outsized investment returns – even against a backdrop of more modest equity market returns. The company has demonstrated resilience through the business cycle and turbulent financial markets, but we view it as a less defensive play than more traditional publicly listed insurers. At this stage of the market cycle, this likely provides an attractive balance: downside protection thanks to the relative resilience of insurance operations through a potential recession, and upside potential when markets recover. We believe the company is overlooked or unloved by investors, and continues to trade well below its intrinsic value. We are bullish on the name and believe Fairfax is well positioned to successfully navigate the current environment and remains one of our top ideas for 2024. Fairfax’s valuation discount remains wide despite showing strong growth and enhanced ROE potential. FROM TODAYS GLOBE AND MAIL

From the perspective of share price, there may be a rush to take capital gains before the new rate kicks in on June 25.

They put a special tax on insurance cos and banks in last years budget

The MW short took place in 2024

Farming in the time of war: How Prem Watsa’s Fairfax Financial built an agribusiness portfolio in Ukraine ERIC REGULYEUROPEAN BUREAU CHIEF KYIV PUBLISHED YESTERDAY

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