Open this photo in gallery: A woman walks past a Royal Bank of Canada sign in the financial district in Toronto on Sept. 20, 2022.Alex Lupul/The Canadian Press Royal Bank of Canada RY-T, the country’s largest bank, is no longer blocking investors from buying high-interest cash funds from its discount …
Read More »FedEx shares fall 3% after delivery giant offers investors only gloom over earnings
Cautious full year 2024 outlook sends shares lower in after market Flat to low single digit growth expected Prioritising cost reductions and transformation plans Shares in air freight and delivery giant FedEx (FDX:NYSE) dropped 3% in after hours trading after giving a disappointing outlook despite beating fourth quarter earnings estimates. …
Read More »Urban Logistics profits treble as last-mile demand continues to grow
– Pre-tax profits hit £172 million from £48 million – Value of the portfolio has doubled in a year – Demand far exceeds supply meaning rents can keep rising The past year has been a transformational one for investor in mid-size industrial property Urban Logistics (SHED) resulting in pre-tax earnings …
Read More »2021 could be ‘biggest for UK software IPOs’ in years, says analyst
The UK software space could be in for an exciting year for companies joining public markets, claim analysts. ‘We think 2021 could be one the biggest years for UK software IPOs for a very long time’, said Rob Warensjo, one of the analysts on the Megabuyte research team. ‘Not only by …
Read More »UK equity markets go crazy in wake of decisive Tory victory at the polls, FTSE 250 jumps 4%, 13 Dec 2019 09:04
UK equity rallied strongly in early trade on Friday as investors welcome the removal of several key risks that have been hanging over the stock market, sparking the pound to post its biggest gain against the dollar in two and a half years, with £1 worth $1.34. The market now …
Read More »3 Reasons to Hold on to Your Dividend ETF
While it is tempting for income-seekers to chase the highest yield, investors would do better to keep an eye on the long-term. Successful income investing should be a balance between achieving an optimal income stream and protecting the capital over the long term. It is not about chasing short-term performance, …
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