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What made Lloyds (LON: LLOY) raise its full-year targets?
July 30, 2021 09:33 AM BST| By Suhita PoddarUK-based banking major Lloyds Banking Group (LON: LLOY) announced its H1 2021 results on Thursday, reporting the resumption of its first interim dividend after the Bank of England lifted its cap on dividend payouts. The bank has raised its targets .....
How long should you hold penny stocks
July 30, 2021 08:21 AM BST| By Kamalika GhoshBuying or selling penny stocks is extremely risky due to their exposure to high volatility, low liquidity, manipulative nature, lower regulations, and their lack of consistency in performance. Thus, it is wiser for investors to avoid penny stocks f.....
Rolls-Royce shares on a roll, the company may dampen China’s nuclear dreams
July 30, 2021 08:12 AM BST| By Suhita PoddarSummary Shares of global aerospace and engineering giant Rolls-Royce ended in the green on Thursday. The UK government has selected Rolls-Royce’s preferred small nuclear reactor for a £170 million ($236 million) demonstration .....
Season of buybacks - 5 FTSE stocks that have announced buybacks recently
July 30, 2021 06:03 AM BST| By Kamalika GhoshSummary A stock buyback is when a company repurchases its shares from shareholders in the open market. Buybacks can improve shareholder value, and when companies announce a buyback, it is a positive sign for the economy, the market and investor.....
US stocks advance on GDP data, economy outlook
July 29, 2021 02:50 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, July 29, after the latest government data showed that the GDP grew marginally from the pre-pandemic peak of 2019 in the second quarter. The S&P 500 was up 0.42% to 4,419.15. The Dow Jones rose 0.44...
FTSE 100 Inched Higher by 0.88% on Robust Earnings Announcements
July 29, 2021 07:21 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 27.56 points or 0.63 per cent higher at 4,428.20, Dow Jones Industrial Average Index surged by 214.94 points or 0.62 per cent higher at 35,1...
FTSE 100 trades in green supported by Anglo American Plc gains
July 29, 2021 01:22 PM BST| By Suhita PoddarFTSE 100 trades in positive zone supported by the gain in the Anglo American Plc, which is the top gainer of the day. Crude oil trades near the USD 75 mark after the US reported the lowest inventory levels since January 2020. FTSE 100 t...
3 AIM stocks in focus - Big Technologies PLC, Hargreaves Services PLC, Blackbird PLC
July 29, 2021 11:29 AM BST| By Kamalika GhoshSummary Big technology plc, which provides remote tracking devices, started trading on the London Stock Exchange under the ticker symbol “BIG”. Hargreaves Plc reported a rise in the profit before tax after a good performance by the .....
Focus on 3 FTSE aviation stocks as the UK set to scrap isolation rules
July 29, 2021 10:39 AM BST| By Suhita PoddarFully vaccinated travellers arriving from the United States or from the European Union will not be required to self-isolate after coming to the UK starting from next week, said the UK government. The rule change comes into effect from 4 PM GMT+1 o.....
10 exciting FTSE dividend-paying tech stocks
July 29, 2021 09:08 AM BST| By AbhijeetSummary COVID-19 pandemic has driven up the pace of digital transformation across enterprises in various sectors. Several government initiatives have been launched to support the uptake of technology solutions and provide aid to smaller firms t.....
5 FTSE stocks set to pay their dividends in August
July 29, 2021 07:17 AM BST| By Suhita PoddarSummary UK’s Q2 2021 dividend pay-outs have risen sharply, beating estimates due to the resumption of dividend disbursements after most companies had cancelled or paused dividends in Q1 2020 Total Q2 2021 dividend pay-outs in the UK.....
Nasdaq edges up on tech earnings boost
July 28, 2021 02:49 PM PDT| By Sanjeeb BaruahThe tech-heavy Nasdaq Composite Index closed higher on Wednesday, July 28, a day after big technology companies like Google, Apple, and Microsoft posted strong quarterly earnings, while the blue-chip S&P 500 and the Dow Jones saw small gains in a...
US Federal Reserve Kept Interest Rate Steady; Monthly Bond Buying to Continue
July 28, 2021 07:20 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.54 points or 0.08 per cent higher at 4,405.00, Dow Jones Industrial Average Index declined by 26.90 points or 0.08 per cent lower a...
5 top FTSE growth stocks for August
July 28, 2021 03:40 PM BST| By Kamalika GhoshSummary Companies that grow at a faster rate than their peers and above the industry average are termed as a growth stock. Investors looking for investment in the growth stock should look for companies with good management, innovative.....
FTSE 100 reclaims 7000 level boosted by Barclays earnings and dividend
July 28, 2021 01:14 PM BST| By Suhita PoddarSummary FTSE100 trades in green above the 7000 mark, helped by the gain in the banking stock, Barclays Plc. UK’s housing price saw a marginal dip of 0.5% in July, as the stamp duty holiday ended for the homebuyers. FTSE 100 was.....
Robust earnings of Games Workshop and Moonpig amid fall in UK’s July retail sales
July 28, 2021 12:49 PM BST| By Kamalika GhoshSummary Retail sales in the United Kingdom saw a marginal dip in July 2021. Still, sales numbers are in line if compared with the pre-pandemic levels as per the Confederation of British Industry. Demand in the retail sector looks sust.....
Activision Blizzard and Roblox: Two video game stocks in action
July 28, 2021 09:56 AM BST| By Suhita PoddarSummary Activision Blizzard, a US based video game company’s shares fell by over 8 per cent on Tuesday as employees proposed a walk off due to alleged sexual harassment and discrimination at the company. Roblox, a NYSE listed gaming app c.....
10 small-cap LSE stocks with a dividend yield of over 6%
July 28, 2021 09:10 AM BST| By Suhita PoddarSummary Dividend investing is a popular investment strategy among income investors While small caps are often viewed as better suited for growth investing, they can also have high dividend yields Dividend investing is a popular inves.....
4 FTSE Aluminium stocks in focus as global production comes to a halt in Q2
July 28, 2021 07:43 AM BST| By Suhita PoddarSummary Growth in the Aluminium production has slowed down globally in second quarter of 2021. The second quarter production dropped by the 120,000 tonnes with the metal reporting a modest growth of just 0.7% in production output. .....
Focus on 3 FTSE housing stocks as UK house prices soar in June
July 28, 2021 05:32 AM BST| By Suhita PoddarSummary UK’s average property prices rose to £230,700, soaring 30 per cent above peak levels last seen in December 2007, at £177,300. The boost was due to severe stock shortages and also due to stamp duty holiday and other sch.....