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  • Insider Monkey

    Lancaster Colony Corporation (LANC) Began 2024 on a Strong Note

    The London Company, an investment management company, released “The London Company SMID Cap Strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. US markets posted solid returns in Q1. The portfolio gained 9.4% (9.2% net) during the quarter compared to 6.9% returns for the Russell 2500 Index. Both stock selection […]

  • Reuters

    UPDATE 1-Canada's WestJet reaches tentative deal with union to avoid work stoppage

    Canadian airline WestJet has reached a tentative agreement with the union representing its maintenance engineers to avert work stoppage, the two parties said in a joint statement on Monday. WestJet, which is owned by Onex Corp, had on Saturday issued a 72-hour lockout notification to the ‍Aircraft Mechanics Fraternal Association (AMFA), warning of a work stoppage as early as Tuesday unless a deal was reached.

  • Associated Press Finance

    Hungary and Serbia's autocratic leaders to roll out red carpet for China's Xi during Europe tour

    Chinese leader Xi Jinping will spend the bulk of his five-day tour in Europe this week in two small countries at the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe. Following a stop in Paris on Monday to kick off his first European trip in five years, Xi will then travel to Hungary and Serbia, two nations with autocratic leaders that are seen as China-friendly and close to Russian President Vladimir Putin. As mainstream European leaders have pursued more protectionist policies to limit Beijing and Moscow’s reach on the continent, the governments of nationalist conservative leaders Viktor Orbán of Hungary and Aleksandar Vučić of Serbia have vigorously courted economic ties with China, inviting major investments in infrastructure, manufacturing, energy and technology.