$SUM
Summit Materials Inc
PRICE
$41.23 -
Extented Hours
VOLUME
1,822,212
DAY RANGE
40.62 - 41.33
52 WEEK
25.43 - 44.42
Join Discuss about SUM with like-minded investors
@trademaster #TradeHouses
By Michael Martina SAN FRANCISCO (Reuters) -China is ready to be a partner and friend of the United States, and there is plenty of room for bilateral cooperation, President Xi Jinping told American executives in San Francisco on Wednesday, as Beijing looks to reassure global business and counter his country's struggles to entice foreign investment. The U.S. executives dined with Xi on the margins of the Asia-Pacific Economic Cooperation (APEC) forum following a day of talks between Xi and U.S. President Joe Biden, aimed at steadying relations between the world's two largest economies. Xi received a standing ovation as he entered the room, and two more before and after he took the stage to speak. The world needs China and the U.S. to work together, and it is wrong to view China as a threat and play a zero-sum game against it, Xi said in a speech to the audience, including some hand-picked by Beijing. "Whatever stage of development it may reach, China will never pursue hegemony or expansion, and will never impose its will on others. China does not seek spheres of influence, and will not fight a cold war or a hot war with anyone," Xi said. He assured his audience that "no matter how the global landscape evolves, the historical trend of peaceful coexistence between China and the United States will not change." Xi's optimistic tone toward relations with the U.S. was at odds with the negative chorus of voices in Washington, where the U.S. Congress finds unusual bipartisan consensus in the need to counter Beijing. The high-security dinner was a chance for companies to hear directly from China's leader as they search for ways to navigate China's economic slowdown, a U.S. push to "de-risk" some American supply chains away from China, and uncertainty caused by China's expanding security rules. But Xi directed much of his speech toward the American people, and spent little time on commercial relations with the U.S. "I would like to let you know that China sympathizes deeply with the American people, especially the young, for the sufferings that fentanyl has inflicted upon them," he said. China and the U.S. reached an agreement to curb fentanyl production in earlier talks between Xi and Biden. The event attracted nearly 400 people, including government officials and academics. Courses served included coffee-crusted black angus flat iron steak and a vegetable curry with squash and rice. Executives from U.S. corporate giants such as Apple (NASDAQ:AAPL)'s Tim Cook, BlackRock (NYSE:BLK)'s Laurence Fink, Broadcom (NASDAQ:AVGO)'s Hock Tan, Bridgewater Associates' Ray Dalio and Pfizer (NYSE:PFE)'s Albert Bourla were at the dinner tables. CONTROVERSY U.S. Commerce Secretary Gina Raimondo and other senior U.S. officials also attended the event, which generated controversy due to reported high ticket costs for companies seeking to brush shoulders with Xi. Mike Gallagher, the Republican chairman of the U.S. House of Representatives' select committee on China, had called it "unconscionable" that American companies would pay thousands of dollars to join a dinner with a government the United States says is committing genocide against Muslim Uyghurs. Gallagher sent a letter on Monday to the hosts β the U.S.-China Business Council and the National Committee on U.S.-China Relations β demanding a complete list of individuals and companies that purchased tickets to the dinner. Analysts have said Xi's speech alone is unlikely to dramatically alter U.S. business sentiment about China. U.S. and Chinese officials have often described bilateral business and trade relations as the ballast in otherwise contentious ties with the U.S. But the growing economic and geopolitical rivalry between the superpowers has placed companies from both countries in the crosshairs of the other's government. China has grown more suspicious of engagement with Western companies, in line with Xi's emphasis on self-reliance and national security, and this year it has cracked down on some U.S. consultancy and due-diligence firms, further damaging investor confidence. But Gary Dvorchak, whose family hosted Xi in Iowa in 1985 when the Chinese leader was a young official, and who was invited by Beijing to attend the dinner, said Xi's appearance was savvy public relations, allowing the ruling Communist Party to show a Chinese domestic audience he has appeal to regular people. "It humanizes him and it gives him an ability to show a connection to the American people and bypass the American media," Dvorchak said.
123 Replies 13 π 14 π₯
@LPT_David #Low Profile Trader
To sum up, the movement of AUD/CHF followed the expected pattern, resulting in a favorable risk-reward ratio of 1:2. This success didn't rely on elaborate indicators or complex technical analysis; it was all about having the right knowledge and making data-driven decisions. Want to trade successfully like me? Use the code **LPT20off** on your next purchase at PMT!
79 Replies 9 π 12 π₯
@LPT_David #Low Profile Trader
To sum up, the movement of EUR/CHF followed the expected pattern, resulting in a favorable risk-reward ratio of 1:2. This success didn't rely on elaborate indicators or complex technical analysis; it was all about having the right knowledge and making data-driven decisions. Want to trade successfully like me? Use the code **LPT20off** on your next purchase at PMT!
51 Replies 15 π 7 π₯
@Housty #droscrew
they have $29 mill in cash after they paid off another sum due by 30th sept
45 Replies 8 π 8 π₯
@Atlas #Emporos Research
if the account is 1,000,000 pounds or more better to go with a monthly return plan where the monthly return increases every time the target is met in this form : 3% 5% 7% 9% 11% 13% 15% 17% 19% 21% 23% 25% the sum of every month well over 100% return for the year
144 Replies 15 π 11 π₯
@Atlas #FOREX
3% 5% 7% 9% 11% 13% 15% 17% 19% 21% 23% 25% the sum of every month well over 100% return for the year
66 Replies 12 π 6 π₯
@Atlas #FOREX
is at most 4 days on its way up exploring more peak , so if you have a short position and you wait past 4 days , you add a little near 1,000 points up , in about 3 days of wait , plus , 5 more days after , thats about 10 trading days for you to receive a very nice sum
121 Replies 10 π 11 π₯
@dros #droscrew
Top Earnings Wed 5/3 Aft: $ACEL $ACLS $ACR $ACT $ADPT $AEIS $ALB $ALKT $ALL $ALLO $AMED $AMK $AMOT $AMPY $AMWL $ANSS $APA $ARC $ARDX $ASPN $ATO $ATUS $AUR $AVNW $AVT $BBSI $BCOV $BHE $BKH $BNL $CCRN $CDAY $CENT $CENTA $CFLT $CHRD $CIVI $CLMB $CMPO $CODI $COKE (1/6) Top Earnings Wed 5/3 Aft: $CORT $CPE $CPK $CPS $CRD/A $CSGS $CSTL $CSV $CTSH $CTVA $CW $CXW $DEN $DHT $DLHC $DRS $ECOR $ECPG $ELA $EQC $EQH $EQIX $ERII $ES $ESTE $ETSY $EVH $EZPW $FARO $FATE $FBRT $FG $FLT $FNF $FORM $FPI $FROG $FSLY $GHL $GIL $GKOS $GL $GMRE $GNK (2/6) Top Earnings Wed 5/3 Aft: $GNW $GOOD $GRBK $GTBIF $HBB $HCC $HDSN $HOUS $HST $HUBS $INFA $INFN $INMB $INN $INSG $IOSP $IPI $IR $IVAC $JOBY $KLIC $KNTK $KTOS $KW $LESL $LMND $LODE $LUMO $MELI $MET $METC $MG $MGY $MKSI $MLR $MMS $MOR $MOS $MRAM $MRO $MTG $MX $MYGN (3/6) Top Earnings Wed 5/3 Aft: $NARI $NC $NE $NFG $NGVT $NSTG $NUS $NVEC $NVST $NWPX $NYMT $O $OLED $OM $OPAD $OPK $OUT $PAHC $PARR $PCOR $PDCE $PGRE $PKOH $PLMR $PSA $PSNL $QCOM $QDEL $QGEN $QNST $QRVO $RDN $REI $RELY $REZI $RGLD $RGNX $RGR $RHP $RM $RMNI $RMR $ROOT (4/6) Top Earnings Wed 5/3 Aft: $RPT $RSI $RUN $RVLV $RYN $SBOW $SBRA $SEDG $SGU $SIGI $SITM $SNEX $SP $SPNT $SPOK $SRC $SRI $SRTS $STAA $STR $SUM $SYNA $TIPT $TNDM $TPIC $TPL $TPVG $TRIP $TSVT $TTEC $TTMI $TWI $TXG (5/6) Top Earnings Wed 5/3 Aft: $UDMY $UFI $UGI $ULCC $UPWK $USDP $USIO $USPH $VAC $VAPO $VET $VMEO $VNDA $VSTO $VTOL $WEAV $WERN $WES $WMB $WTS $YELL $Z $ZG $ZIMV (6/6)
146 Replies 7 π 8 π₯
@Splithand #FOREX
Derivatives trades are also often cited as zero-sum games, since every dollar earned has to be lost by another party to the transaction.
71 Replies 6 π 9 π₯
@Splithand #FOREX
Zero-sum games are found in many contexts. Poker and gambling are popular examples of zero-sum games since the sum of the amounts won by some players equals the combined losses of the others. Games like chess and tennis, where there is one winner and one loser, are also zero-sum games.
106 Replies 13 π 6 π₯
@Splithand #FOREX
A zero-sum game is a situation where, if one party loses, the other party wins, and the net change in wealth is zero. Zero-sum games can include just two players or millions of participants. In financial markets, futures and options are considered zero-sum games because the contracts represent agreements between two parties and, if one investor loses, then the wealth is transferred to another investor. Most transactions are non-zero-sum games because the end result can be beneficial to both parties.
94 Replies 14 π 9 π₯
Key Metrics
Market Cap
7.19 B
Beta
1.22
Avg. Volume
1.35 M
Shares Outstanding
174.27 M
Yield
0%
Public Float
0
Next Earnings Date
2024-05-01
Next Dividend Date
Company Information
summit materials is a leading aggregates based construction materials company that supplies aggregates, cement, ready-mixed concrete and asphalt, and provides paving and other services. we are committed to promoting the success of our businesses by offering a safe place to work and implementing best practices, while striving to exceed our environmental and social responsibilities. summit materials was formed by its ceo tom hill and a small group of investors, including blackstone capital partners (an affiliate of the blackstone group) and silverhawk capital partners. summit materials completed its first acquisition in late 2009 and since then has closed on more than 30 acquisitions, which are organized into ten operating companies in three geographic regions across the united states and western canada. further information is available at www.summit-materials.com.
CEO: Anne P. Noonan
Website: summit-materials.com
HQ: 1801 California Street Denver, 80202 CO
Related News