The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …
Read More »AstraZeneca and ASML lead European stocks on a rebound after Wall-Street induced rout
European stocks joined in on a global bounce on Wednesday, as pressure on bond yields eased somewhat and investors went hunting for beaten-down names. The Stoxx Europe 600 index SXXP, +0.13% rose nearly 0.8% to 455.87, after a 2% drop on Tuesday, which was the biggest percentage decline since July …
Read More »Extreme E And AFC Energy Team Up For Hydrogen Fuel Cell Power
Photo: AFC Energy Mostly because its inaugural season is yet to be run, I don’t particularly follow Extreme E. But the machines are cool and the series’ conceit is fresh. An announcement that the series will bring fuel cell-based battery charging infrastructure everywhere the series travels has me intrigued. AFC …
Read More »The Pheonix Works is acquired by Liberty Global helping accelerate expansion
Image: The Phoenix Works. Solar PV, battery storage and end-to-end EV charging company The Phoenix Works has been acquired by Liberty Global. The move follows the company’s previous parent company Retig going into administration in September. Following this, energy company Tonik Energy which was also owned by the company, went …
Read More »These Brexit Stocks Could Soar If Boris Johnson Wins U.K. Election
Text size Getty Images The U.K. election could give Boris Johnson the ammunition he needs to secure a Brexit deal, sending a basket of undervalued domestic stocks soaring. British politics remains unpredictable, as the last election and the 2016 European Union referendum demonstrate, but the opinion polls point towards a …
Read More »IFS warns Labour renationalisation may delay low-carbon economy | Business
Labour’s plan to renationalise large chunks of the economy risks years of disruption that could delay Britain’s transition to a low-carbon economy, a thinktank has said. The Institute for Fiscal Studies warned that taking water, energy companies, the Royal Mail and railways under state control would be costly, complex and …
Read More »Nationalising water, energy and Royal Mail would pay for itself within seven years, according to new research
The nationalisation of water, energy grids and the Royal Mail would save UK households £7.8 billion a year and pay for itself within seven years, according to new academic research. A report by Greenwich University’s Public Service International Research Unit put the total cost of compensation to private sector owners …
Read More »Royal Dutch Shell (LON:RDSB) Rating Reiterated by Barclays
Royal Dutch Shell (LON:RDSB)‘s stock had its “overweight” rating reissued by stock analysts at Barclays in a research report issued to clients and investors on Thursday, July 4th, ThisIsMoney.Co.Uk reports. A number of other research firms have also recently commented on RDSB. HSBC reaffirmed a “hold” rating on shares of …
Read More »Royal Dutch Shell (LON:RDSB) Stock Rating Reaffirmed by Barclays
Royal Dutch Shell (LON:RDSB)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a research note issued to investors on Thursday, July 4th, ThisIsMoney.Co.Uk reports. Several other analysts also recently commented on RDSB. HSBC reissued a “hold” rating on shares of Royal Mail in a research report …
Read More »JPMorgan Chase & Co. Boosts Royal Dutch Shell (LON:RDSB) Price Target to GBX 2,950
Royal Dutch Shell (LON:RDSB) had its price target lifted by investment analysts at JPMorgan Chase & Co. from GBX 2,850 ($37.24) to GBX 2,950 ($38.55) in a report issued on Wednesday, July 3rd, Marketbeat.com reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target …
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