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Top manager snaps up 'cheap' growth stocks and calls turnaround

Mark Baribeau argues the worst has passed for growth stocks after their selloff, buys ‘cheap’ European shares and ramps up US tech and China bets.

Top growth manager: 'The reset is largely behind us'

Jennison Associates’ Mark Baribeau believes there are reasons to believe the environment will favour growth stocks going forward.

KiwiSaver accounts grew to 25% of GDP, then markets crashed

Toyota Roars Back With Robust Profit Forecast, Share Buyback

Toyota Roars Back With Robust Profit Forecast, Share Buyback May 12 2021, 7:18 PM May 12 2021, 9:59 AM May 12 2021, 7:18 PM (Bloomberg) Toyota Motor Corp. unveiled a 250 billion yen ($2.3 billion) share buyback and expects to return to pre-pandemic profitability in the current fiscal year as its ability to keep churning out vehicles amid a global shortage of automotive chips puts it in a prime position to capitalize on swiftly recovering demand for cars. (Bloomberg) Toyota Motor Corp. unveiled a 250 billion yen ($2.3 billion) share buyback and expects to return to pre-pandemic profitability in the current fiscal year as its ability to keep churning out vehicles amid a global shortage of automotive chips puts it in a prime position to capitalize on swiftly recovering demand for cars.