Why has the IAG share price climbed 85% in November? And what will I do now?

first_img Airline shares don’t usually come close to doubling in a month. But that’s what’s happened to International Consolidated Airlines (LSE: IAG). Since its lowest point on 30 October, the IAG share price is up a fraction over 85%.It’s all down to developments on the Covid-19 vaccine front. We now have three vaccines that have produced very impressive results in trials. And the most recent, the Oxford vaccine developed in partnership with AstraZeneca, is far cheaper and easier to transport and store than the others. That raises hopes of a faster rate of worldwide vaccination, which can only help the plight of the airlines.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…But before I get too excited about prospects for the IAG share price, I’m keeping three key things in mind. Firstly, we might see the first vaccinations happening even before the end of the year. But we could have to wait some time before vaccine reaches enough of the population to really benefit the airlines. I don’t expect passenger numbers to start to climb noticeably higher before next summer at the earliest.IAG share price in 2020Next up, the IAG share price itself. Sure, we’ve just seen a cracking month’s gain. But that just means the disaster of 2020 is now a tiny bit less of a disaster. We’re still looking at a 73% fall since the beginning of the year. So if I buy now, will I be buying into one of the best performing shares of the month, or one of the worst of the year. For me, it’s the longer-term trend that matters.But my biggest concern when I think about IAG is, which IAG? Not the IAG we had in January 2020. No, that IAG has gone. And before anyone contests that, let me explain what I mean. When a company’s market fundamentally changes, possibly permanently, and when its corporate and financial structure turn upside down, we should forget what it used to be like and evaluate it as a completely new company. And as yet, I have no idea what shape that new company will be. Or where the IAG share price will go.The shape of IAG to comeThis was brought home to me by a BBC News story talking about a big sell-off at British Airways. It’s not just a cash-generating asset disposal of the kind we often see at times like this. No, BA is selling off cutlery and crockery, including bone china from first class cabins. Some of it is Boeing 747 paraphernalia now those are out of service, and people love souvenirs. And it makes sense for IAG to generate as much cash as it can, especially after recording a £5.1bn loss for the first nine months of the year. Ouch. Remembering that figure makes me twitchy about the IAG share price.But the BBC made the point that BA is likely to be a significantly slimmer operation until the aviation business picks up. I don’t think that pick-up will happen for quite some time. And I think we might never again see flying regain its pre-pandemic levels.So until I see the shape of the industry, and the shape of the company, the IAG share price can do what it likes. I’m not buying. 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. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Alan Oscroft | Tuesday, 24th November, 2020 | More on: IAG 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. Image source: Getty Images Why has the IAG share price climbed 85% in November? And what will I do now? 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.center_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Alan Oscroftlast_img read more

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New Austin incident not related to serial bombings, police say

first_imgABC News(AUSTIN, Texas) — Law enforcement officials said an incident involving an artillery simulator that went off in Austin, Texas, Tuesday evening is not related to a series of recent bombings.The string of explosions in Austin, which have left two dead and injured others, has the city on edge and sparked hundreds of law enforcement to descend on the area. Earlier on Tuesday, a package detonated at a FedEx facility near San Antonio, injuring one.Reports of a package explosion at a Goodwill store on Brodie Lane Tuesday night initially sparked panic, but police later said the incident involved an artillery simulator and was not connected to the so-called serial bomber terrorizing the area.A male Goodwill employee was injured when he handled the device, police said in a press conference Tuesday. The device was one of two dropped off in a box at Goodwill, police said, adding that they will investigate who left the devices at the store.Police said there was no reason to believe the incident was a copycat attempt related to the recent bombings.An unexploded package bomb was discovered earlier Tuesday at the FedEx facility in Austin, Texas, two sources briefed on the investigation told ABC News, the sixth device connected to the serial bomber. Among the devices are five package bombs and one device involving a tripwire.The intact package was discovered by FedEx workers, the company said in a statement, and could yield major clues in the hunt for the serial bomber terrorizing Austin.“We have also confirmed that the individual responsible [for Tuesday’s package bomb] also shipped a second package that has now been secured and turned over to law enforcement,” FedEx said in its statement but did not reveal which of its facilities the package was discovered in.The two sources confirmed to ABC News the undetonated package was discovered at an Austin facility.“We have provided law enforcement responsible for this investigation extensive evidence related to these packages and the individual that shipped them collected from our advanced technology security systems,” FedEx said. “The safety and security measures in place across the FedEx networks are designed to protect the safety of our people, customers and communities, and to assist law enforcement as appropriate.”The FBI has discovered a link between packages involved in the Austin bombings and a mail delivery office at a strip mall in the neighboring city of Sunset Valley. Police cordoned off the area and were combing through the office Tuesday.In his first public comments on the Texas bombings, which started March 2, President Donald Trump said the federal government is doing everything it can think of to catch the culprits.“These are sick people and we need to find them immediately,” Trump told reporters at the White House.Tuesday’s explosion in the San Antonio suburb of Schertz occurred about 12:45 a.m. at a FedEx facility. About 65 miles away, two men were injured Sunday night in the fourth bombing in 17 days to rock the Texas capital.Austin Police Chief Brian Manley told the Austin City Council this morning that the package that exploded in Schertz originated at a facility in Austin that has been closed.“A package had been traveling along an automated conveyor when it exploded,” Schertz Police Chief Michael Hanson said at a news conference outside the Schertz FexEx facility this morning.Hanson said the injured worker complained of “ringing in her ears,” was treated at the scene and released.Earlier Tuesday, police told ABC San Antonio affiliate KSAT-TV that the medium-sized box that exploded contained nails and metal shrapnel.Jim McClusky, a spokesman for FedEx, confirmed in a statement to ABC News that “a single package exploded” and that one worker was treated for minor injuries.There were 75 people in the building at the time of the explosion, authorities said.“This is a fluid investigation and we want the general public to know their safety is our No. 1 priority,” said Frank Ortega, ATF acting assistant special agent in charge.He said the ATF’s National Response Team and bomb-sniffing dogs were searching the facility for other possible explosives.Neither Ortega or FBI assistant special agent James Smith, who both spoke at the news conference, would say if investigators definitively believe the explosion is connected to the Austin bombings.Manley said investigators from his department, the FBI and the ATF were working to determine whether the explosive is the work of a serial bomber or bombers who have terrorized Austin since the beginning of the month.“We’ve seen an evolution in the type of devices, the one in Schertz involves a delivery service. What we are seeing here is unprecedented,” Manley told the city council.He cautioned residents to pay close attention to any suspicious device whether it be a package, a bag, a backpack “or anything that looks out of place” and advised residents to immediately call 911 and stay clear of the suspicious items.Manley said Monday at a news conference on the Austin explosions, “Clearly we are dealing with a serial bomber.”Austin residents have been on edge for a month after the series of bombings. The first three bombings were packages, apparently hand-delivered and left on porches of homes before exploding when picked up by residents, police said.The fourth explosion took place Sunday night. Two men, ages 22 and 23, were injured in that blast, which was caused by a device using a tripwire on a sidewalk in the Travis Country neighborhood of Austin.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

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Snow Women’s Basketball Prevails At Fleck Classic

first_imgDecember 31, 2019 /Sports News – Local Snow Women’s Basketball Prevails At Fleck Classic FacebookTwitterLinkedInEmailTUCSON, Ariz.- The Snow College women’s basketball team took a 21-point lead with 1:46 remaining in the third quarter and cruised to a 53-41 victory over Chandler-Gilbert on Monday at the Bruce Fleck Classic in Tucson, Ariz.After trailing by four points late in the first quarter, the Lady Badgers came back to take the lead 13-12 at the end of the first quarter and never looked back.Sophomore guard Lexi Peterson led the Lady Badgers with 13 points on five-of-nine shooting from the field.Sophomore forward Rachel Roberts added 12 points on five-of-13 shots from the field. Roberts led the team with seven rebounds, while Peterson was credited with six boards.With the win Snow College improved to 9-7 on the season and will next take on Pima Community College on New Year’s Eve. Tip-off is scheduled for 5 p.m. Written by Tags: Bruce Fleck Classic/Lexi Peterson/Rachel Roberts/Snow Women’s Basketball Brad Jameslast_img read more

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Clean Day

first_imgNearly 60,000 pounds of unwanted or out-of-date pesticides were collected for disposal through the Clean Day event held Feb. 27, 2013 in 21 southwest Georgia counties.The event was organized by University of Georgia Extension and funded by the Environmental Protective Agency. Clean Days are held to give farmers an opportunity to dispose of pesticides cheaply and legally. Clean Day events typically accept insecticides, growth regulators, fungicides, harvest aid chemicals, nematicides, bactericides, herbicides and other miscellaneous pesticides.“There was a long line going a long way but everybody was happy to wait because they were happy to get rid of all this stuff,” said Mathew Roberts, former Colquitt County Extension agent. Colquitt County was one of the southwest Georgia counties that participated. Farmers who want to get rid of pesticides legally without taking advantage of a Clean Day event have to contact the pesticide disposal company. If the farmer has enough unusable products, the company will come to them. Otherwise, the farmer has to take the unusable products to the company.“This is where people can get in trouble, too. They want to get rid of (their pesticides), and they might do that in a way they’re not supposed to, and you definitely don’t want that to happen,” Roberts said.Farmers who wish to request a Clean Day are encouraged to check with the Georgia Department of Agriculture or call their local UGA Extension agent at 1-800-ASK-UGA1.To learn more about pesticide safety, see extension.uga.edu/publications. Storing old pesticides can be a safety issue, Roberts said. The pesticide and its label can deteriorate as making it easy to mistake one product for another product. And containers often break down and leak, leaving a mess for somebody to clean up, he said.“The longer you have these old and unusable pesticides sitting around, the more likely you are to have some sort of accident with them, so having Cleans Days is a really huge service to everybody,” Roberts said.last_img read more

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Uksnøy inks deal with HydroWave for green power solution

first_imgNorway-based owner and offshore vessels provider Uksnøy & Co has signed a contract with HydroWave for the supply of hybrid wave-powered system for use with ships and offshore installations.The contract represents the first commercial order for the hybrid wave energy and batteries system, based on patented Havkraft Wave Energy Converter (H-WEC) technology, according to Sogn Industri, one of the owners of the HydroWave company.The system, known as Powership, has been designed as an add on hybrid solution for ships and offshore installations to reduce usage of diesel fuels and to reduce CO2 emissions, according to HydroWave.Geir Arne Solheim, HydroWave’s Chief Executive Officer, said: “The technology addresses the emissions and the high costs related to diesel fuels in offshore operations. With this solution we can target all diesel engines. Either directly attached to boats and platforms, or indirectly through high speed charging or even hydrogen fuel for fuel cells. We are planning our first installations now, and there are almost no limits to how many projects we can start up with clients worldwide.”HydroWave is a company specializing in deliveries of complete wave power systems to clients worldwide, using the technology developed by Norwegian wave energy company Havkraft.Havkraft’s H-WEC is a module based and scalable technology that works when the waves striking the vessel cause the water levels in the chambers to rise, creating an increase in air pressure which in turn drives the turbines that generates electricity.Aside from Havkraft, and Sogn Industri, other owners of HydroWave include Frequency AS, Aveja, Lutelandet Invest, KOJ Holding, Kjelda Holding and Klaus Edlers Services.last_img read more

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