Banorte subsidiaries to promote international…… (Guide 2)

MEXICO CITY , May 31, 2022 /PRNewswire/ -- Grupo Financiero Banorte, expanding its support of sustainable financing, announced today that two Banorte subsidiaries will follow an international advisory board's guidelines to help investors access higher quality ESG information for decision-making.

Chairman Carlos Hank González said Afore XXI Banorte and Operadora de Fondos will promote International Sustainability Standards Board (ISSB) criteria, aimed at developing global benchmarks that respond to the needs of investors and financial markets. "We are committed to adopting the standards issued by the International Sustainability Standards Board to make more informed and sustainability-focused investment decisions," he said.

The move by Banorte, the largest Mexican financial institution, comes as investors with global investment portfolios increasingly are seeking high quality, transparent, reliable and comparable reporting by companies on climate and other environmental, social and governance (ESG) matters.

The ISSB helps meet that demand, with a comprehensive global baseline of sustainability-related disclosure standards that provide investors and other capital market participants details about companies' sustainability-related risks and opportunities.

The Banorte subsidiaries, among the country's leading investment fund operators, now will have access to standardized, quantifiable and comparable information on the ESG performance of the companies in which they invest.

That can increase the scope of responsible investments and strengthen the investment process for the benefit of each client.

Banorte also offers a string of sustainable consumer-centric financing products, including its recently launched Green Auto Loan , an exclusive loan to purchase hybrid and electric vehicles.

It previously endorsed the Principles of Responsible Banking and the UN Net Zero Banking Alliance to promote sustainable consumption practices among its customers.

About Grupo Financiero Banorte Grupo Financiero Banorte (GFNorte) is the largest Mexican financial institution.

It offers financial services to individuals and companies through its businesses: banking, brokerage, fund operator, insurer, pension, leasing and factoring, warehouse, portfolio manager and the remittance company Uniteller.

GFNorte also includes Afore XXI Banorte, the country's largest retirement savings fund in terms of asset management.

GFNorte is a public company listed on the main indicator of the Mexican Stock Exchange and has more than 30,000 employees, 1,100 branches and 9,600 ATMs.

Website: carloshankgonzalez.com Twitter: @CarlosHankG Facebook: CarlosHankGonzalezBanorte LinkedIn: carloshankgonzalez Facebook: Grupo Financiero Banorte Twitter: @GFBanorte_mx LinkedIn: Grupo Financiero Banorte Media contact Francisco Rodríguez Daniel Executive Director of Corporate Communication francisco.rodriguez.daniel@banorte.com View original content to download multimedia: https://www.prnewswire.com/news-releases/banorte-subsidiaries-to-promote-international-advisory-board-guidelines-to-help-investors-make-better-sustainability-decisions-301557549.html SOURCE Grupo Financiero Banorte Yahoo Finance's Jared Blikre joins the Live show to break down Salesforce's Q1 revenue beat.

Shares of precious metals miner Gold Fields (NYSE: GFI) fell as much as 23% at the open of trading on May 31.

Meanwhile, Yamana Gold (NYSE: AUY) rose around 12%.

The basics of the acquisition are that Gold Fields will buy Yamana in an all-stock deal.

Despite being not yet operational, and having no revenue to its name (much less profits), Lithium Americas stock has had a terrific run as investors bid up lithium assets in anticipation of booming demand for the metal, which is used to make the batteries that power electric vehicles.

With lithium currently priced at ,000 a ton, Goldman sees that slipping 10% to ,000 later this year -- a pothole that precedes a bigger fall off a cliff.

By next year, the banker believes, lithium prices will average just ,000, a staggering 73% decline from present-day prices.

Experts are worried about this asset.

But Suze still likes it.

Grantham remains ultra bearish.

But this trio may offer some protection.

Technology companies that provide a real value for the economy will stand apart from those that benefited from pandemic-era hype.

Shares of MicroStrategy (NASDAQ: MSTR), a cloud-based analytics company, were flying high today on no company-specific news.

Investors were instead likely reacting to the rising price of Bitcoin as the value of the cryptocurrency is on the rise.

MicroStrategy holds well over 100,000 Bitcoin tokens, so its shareholders react strongly to the price of the cryptocurrency.

What to make of the markets right now?

Stocks finished the last full week of May with gains.

The S&P 500 pulled back from the bear-market territory by gaining 6% for the week and moderating its year-to-date loss to 13%.

The NASDAQ remains low, at a 23% year-to-date loss.

It’s all a reminder that while markets are falling this year, the true key to understanding them is volatility.

It’s natural at times like this to turn to the financial experts , traders who’ve risen to prominence through long-t Shares of Amazon.com Inc. charged 5.7% higher to MEXICO CITY , May 31, 2022 /PRNewswire/ -- Grupo Financiero Banorte, expanding its support of sustainable financing, announced today that two Banorte subsidiaries will follow an international advisory board's guidelines to help investors access higher quality ESG information for decision-making.

That can increase the scope of responsible investments and strengthen the investment process for the benefit of each client.

Banorte also offers a string of sustainable consumer-centric financing products, including its recently launched Green Auto Loan , an exclusive loan to purchase hybrid and electric vehicles.

It previously endorsed the Principles of Responsible Banking and the UN Net Zero Banking Alliance to promote sustainable consumption practices among its customers.

About Grupo Financiero Banorte Grupo Financiero Banorte (GFNorte) is the largest Mexican financial institution.

GFNorte also includes Afore XXI Banorte, the country's largest retirement savings fund in terms of asset management.

GFNorte is a public company listed on the main indicator of the Mexican Stock Exchange and has more than 30,000 employees, 1,100 branches and 9,600 ATMs.

Shares of precious metals miner Gold Fields (NYSE: GFI) fell as much as 23% at the open of trading on May 31.

Meanwhile, Yamana Gold (NYSE: AUY) rose around 12%.

The basics of the acquisition are that Gold Fields will buy Yamana in an all-stock deal.

With lithium currently priced at $60,000 a ton, Goldman sees that slipping 10% to $54,000 later this year -- a pothole that precedes a bigger fall off a cliff.

By next year, the banker believes, lithium prices will average just $16,000, a staggering 73% decline from present-day prices.

Experts are worried about this asset.

But Suze still likes it.

Grantham remains ultra bearish.

But this trio may offer some protection.

Technology companies that provide a real value for the economy will stand apart from those that benefited from pandemic-era hype.

Shares of MicroStrategy (NASDAQ: MSTR), a cloud-based analytics company, were flying high today on no company-specific news.

Investors were instead likely reacting to the rising price of Bitcoin as the value of the cryptocurrency is on the rise.

MicroStrategy holds well over 100,000 Bitcoin tokens, so its shareholders react strongly to the price of the cryptocurrency.

What to make of the markets right now?

Stocks finished the last full week of May with gains.

The S&P 500 pulled back from the bear-market territory by gaining 6% for the week and moderating its year-to-date loss to 13%.

The NASDAQ remains low, at a 23% year-to-date loss.

It’s all a reminder that while markets are falling this year, the true key to understanding them is volatility.

It’s natural at times like this to turn to the financial experts , traders who’ve risen to prominence through long-t Shares of Amazon.com Inc. charged 5.7% higher to $2,435.01 in afternoon trading, to put them on track for a fourth-straight gain.

The ecommerce and cloud behemoth's stock has soared 17.0% in the four days since it closed at $2,082.00 on May 24, which was the lowest close since April 9, 2020.

That would be the stock's best four-day performance since it ran up 17.9% over the four-day stretch that ended April 16, 2020.

Amazon Yahoo Finance's Ines Ferré reports on HP earnings and the stock's reaction.

Last week was a good respite for investors, with the stock market showing signs of life for the first time in a while.

Big gains for the Nasdaq Composite (NASDAQINDEX: ^IXIC) helped erase a small part of the index's losses for 2022.

One has tried to recover from a steep downturn over the past 12 months, while the other is bouncing along with the cryptocurrency market.

Shares of the Chinese electric vehicle (EV) maker Nio (NYSE: NIO) hit the gas today as investors processed the news that China is implementing a tax cut for new car purchases and that the government will offer a cash subsidy for people who buy a battery-powered car.

Additionally, a positive analyst's note about the company could be boosting investor sentiment.

China's economy has been hurt by the country's strict "zero-COVID" policy, which has caused many cities and factories to shut down.

Shares of GameStop (NYSE: GME) were tumbling almost 9.6% in morning trading Tuesday after a pre-holiday week that saw its shares gain nearly 50%.

GameStop is still a heavily shorted stock with about a quarter of its shares sold short, so it's likely that a lot of short-sellers were covering their positions last week, helping to lift the retailer's stock.

Last week, I warned that GameStop shares will likely follow a similar pattern this time, too, and it could be we're in the first days of that occurring.

What happened Shares of semiconductor stock Nvidia (NASDAQ: NVDA) slipped in morning trading on Tuesday, possibly because investors are worrying that after Nvidia failed to acquire Arm Holdings earlier this year, one or more of its rivals might succeed in gaining control of Arm.

Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live to discuss the outlook for the cannabis industry as weed stocks decline.

Looking to buy the dip?

Start here.

Buffett is buying.

Time to follow his coattails?

After 7 weeks of straight losses, the markets went into the long weekend on positive note: their best single week since 2020.

The S&P 500 added more than 6% wiping away its losses from the month of May.

The sudden drop in value, combined with the even more sudden bullish shift, even if it is temporary, has brought out the discount shoppers of the equity world. ‘Buy the dip’ is a real thing, and frequently successful path toward long-term portfolio gains, and the current environment is ripe for t Despite heightened uncertainty right now, one thing is crystal clear: Stock market downturns don't last forever.

But with a history spanning 60 years, MKS also has a strong presence in other industries like defense, life sciences, and industrial tech.

In the late 1960s and early 1970s, my father had a stockbroker friend through whom he bought shares, mostly in blue-chip drug companies that he admired.

At various times, he owned Bristol Myers (BMY) Glaxo , Pfizer (PFE) and Schering-Plough. source ,435.01 in afternoon trading, to put them on track for a fourth-straight gain.

The ecommerce and cloud behemoth's stock has soared 17.0% in the four days since it closed at MEXICO CITY , May 31, 2022 /PRNewswire/ -- Grupo Financiero Banorte, expanding its support of sustainable financing, announced today that two Banorte subsidiaries will follow an international advisory board's guidelines to help investors access higher quality ESG information for decision-making.