Fellow mid cap Royal Mail wiped out most of Friday's gains, dropping 8.7p to 225p after hitting a one-year high last week following a strong … Source link
Read More »Market report: Lockheed deal gives BAE a lift
Market report: LSE Group on the march after Euronext’s bid for Italian bourse
Divestment speculation gave a Friday boost to London Stock Exchange Group. The exchange operator rose after rival Euronext confirmed plans to submit an offer to buy Borsa Italiana, the Italian stock exchange, for an expected value of €3.5bn (£3.2bn) to €4bn. Euronext said further details would be announced when appropriate. …
Read More »European stocks seen inching higher as investors watch data, U.S. tech
European markets are set to inch higher Tuesday as global investors wait to see whether the dominant U.S. tech sector can recover momentum after last week’s rout, while awaiting key economic data due out of the euro zone. Britain’s FTSE 100 is seen around 10 points higher at 5,947, Germany’s …
Read More »Market report: Oil giants hold blue-chip index steady
Hot on its heels was BT, which jumped 8.1p to 106.1p after Berenberg raised its outlook for the group’s shares. In a note to clients, analyst Carl Murdock-Smith wrote that sentiment about the telecoms group was “on its knees”, but added “its significant under-performance and scope for improved sentiment over …
Read More »Market report: 'Czech sphinx' increases his lion's share in Royal Mail
… have raised speculation that he may soon begin actively trying to influence the group's future direction. Royal Mail shares rose 2p to 184p on Friday. Source link
Read More »Europe Pushes to Avoid Economic Calamity By Extending Crisis Aid
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Read More »The week ahead – Germany IFO, Germany, France, UK flash PMIs, Tesco, Royal Mail, Nike results
1) UK/France/Germany flash PMIs (Jun) – 23/06 – optimism over a rebound in economic activity gained traction in May when there was a decent rebound from the record lows seen in April when economic activity collapsed sharply, in the wake of the lockdown measures. Record lows of 10.2 and 16.2 in services …
Read More »FTSE drops below 7,000 as virus rout continues – live updates
3) Wife of advertising tycoon Sir Martin Sorrell files for divorce: Lady Cristiana Falcone Sorrell and Sir Martin, former boss of advertising giant WPP, have been married for 12 years and have a young daughter. 4) Disney has announced the surprise early replacement of its chief executive Bob Iger, ending his 15-year run …
Read More »Inflation rises to six-month high – live updates
3) The failure to electrify thousands of miles of railway threatens Boris Johnson’s promise to make Britain the cleanest country on earth, industry leaders have warned. Rail chiefs have written to Transport Secretary Grant Shapps urging him to press on with electrification so that the industry can cut out carbon emissions by 2040. 4) Beales …
Read More »a 16pc share price fall but no one knows why. What’s happening with ULS?
A sudden fall of 16pc in any share price is certainly cause for alarm. This is what happened to ULS Technology, a holding in our Income Portfolio, over the course of Tuesday and Wednesday this week. What is going on with this stock? At first sight the answer – and this may appear extraordinary …
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