[ad_1] Questor Income Portfolio: several of our holdings have fallen during this week’s bout of pessimism but we have no reason to fear for our income The stock market took a severe tumble on Wednesday and some of our stocks bore the brunt: Lloyds Banking Group and Legal & General both lost 3.3pc and Next fell by…
[ad_1] Coming up today Next, says Hargreaves Lansdown’s Emilie Stevens, “remains defiant in the face of the high street storm”. The company recently bucked the sector trend by upgrading its forecasts after rising sales. The retailer – like many of its rivals – is trying to move more of its sales on to online channels…
[ad_1] Questor Income Portfolio: we have a heavy domestic bias, which is doing us no favours when it comes to share prices, although our income is holding up nicely As it is the first Friday of the month we publish today our performance table for the Income Portfolio. It tells a familiar story: we are…
[ad_1] Fears of an escalation of hostilities with workers’ unions delivered a blow to investors in Royal Mail on Tuesday. The former state postal monopoly has reached a “cliff’s edge” in its relationship with the Communication Workers Union, analysts at JP Morgan said, adding that the outcome of mediation was uncertain. Workers’ representatives and the FTSE…
[ad_1] Hopes of stimulus from major world economies had previously buoyed equities. Investors are awaiting minutes from the Fed’s meeting on Wednesday, along with any hints from Chairman Jerome Powell ahead of the central bank’s economic symposium in Jackson Hole, Wyoming, which begins Friday. Finnish central bank governor Olli Rehn said on Monday that the…
[ad_1] Questor Income Portfolio: ‘Nothing has changed’ was the company’s message to shareholders this week. But there was a surprise lurking in Premier Oil’s statement It was a blow for this column when in May Royal Mail announced that it would cut its dividend for the 2019-20 financial year. It was the first time that…
[ad_1] Investors placed bets on William Hill on hopes that a mega casino deal in the US will help the bookie tap America’s emerging sports betting market. Caesars Entertainment, which owns Caesars Palace in Las Vegas, was snapped up by Eldorado Resorts on Monday in a $17.3bn (£13.6bn) tie-up that will create one of the…