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Weekly roundup of FTSE 100 risers and fallers (June 21-25)
June 26, 2021 12:41 AM BST| By Kamalika GhoshFTSE 100 trended higher in the week ended 25 June. Here we are giving the roundup of gainers and losers of every day during the passing week. 21 June 2021 Top riser Ocado Group Plc (LON: OCDO): The online grocery retailer closed at...
Famous five of business this week (June 21-25)
June 26, 2021 12:38 AM BST| By Suhita PoddarMorrison (WM) Supermarkets Plc (LON: MRW) Supermarket chain Morrisons turned down a £5.5bn ($7.65bn) preliminary takeover bid from US private equity firm Clayton Dubilier and Rice (CD&R) on Monday, 21 June 2021. However, considering a .....
US stocks close week on positive note as financials lead
June 25, 2021 02:23 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the week on a positive note on Friday, June 25, as stocks saw broad gains led by financials despite some minor pushback from the tech segment. The S&P 500 was up 0.33% to 4,280.70. The Dow Jones gained 0.69% to 34,433...
Basic Materials & Energy shares lifted FTSE 100; S&P 500 hit all-time high
June 25, 2021 07:55 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.81 points or 0.30 per cent higher at 4,279.30, Dow Jones Industrial Average Index surged by 241.15 points or 0.71 per cent higher at 34,4...
Tristel receives three product approvals in the US, Canada, and South Korea
June 25, 2021 04:25 PM BST| By Suhita PoddarSummary Tristel received three regulatory approvals for its different categories of product. In the US, the company got approval for surface disinfectant from Environmental Protection Agency. The regulatory approvals will allow the company to .....
Here’s why net zero emission is a pressing priority
June 25, 2021 04:01 PM BST| By Team Kalkine MediaSummary Net-zero emission means removing all human-caused greenhouse gas (GHG) emissions from the atmosphere through the carbon removal process. The last decade (2010-2019) proved to be the warmest on record, with the GHG emissions continuing t.....
Lens on Rolls Royce, EasyJet and Wizz Air as UK’s green list for travel expands
June 25, 2021 03:33 PM BST| By Kamalika GhoshSummary Malta, Madeira, Barbados, and Spain's Balearic Islands now added to the green list for travel. Those coming from any of the 16 places named in the list to the UK from 30 June 04:00 onwards will not have to follow quarantine rules. The .....
What companies are best to invest in the UK?
June 25, 2021 08:42 AM BST| By Suhita PoddarSummary London stock exchange has nearly 3000 companies listed on primary exchange and FTSE AIM together. It has the largest blue-chip companies globally listed on its platform, making it one of the most diversified platforms for investors. .....
UK stocks to watch on June 25: Deliveroo, PPHE Hotel Group, ITV, Rio Tinto, Royal Dutch Shell
June 25, 2021 07:41 AM BST| By Kamalika GhoshThese FTSE listed companies, Deliveroo Plc (LON: ROO), PPHE Hotel Group Limited (LON: PPH), ITV PLC (LON: ITV), Rio Tinto (LON: RIO), and Royal Dutch Shell Plc (LON: RDSA), are set to make headlines today. Deliveroo Plc (LON: ROO) The company w...
NASDAQ, S&P 500 hit all-time highs after infra deal, labor recovery
June 24, 2021 03:25 PM PDT| By Sanjeeb BaruahBlue-chip S&P 500 and NASDAQ Composite closed at all-time highs on Thursday, June 24, after markets responded positively to the news of President Biden’s US$1 trillion infrastructure deal and continued recovery of the US labor market, criti...
British Pound Traded Lower After BoE Kept Interest Rate Steady at 0.10%
June 24, 2021 08:01 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 23.96 points or 0.56 per cent higher at 4,265.80, Dow Jones Industrial Average Index surged by 233.87 points or 0.69 per cent higher at 34,1...
Carillion collapse: Govt liquidator to ask KPMG to pay £250 mn as penalty
June 24, 2021 03:09 PM BST| By Kamalika GhoshSummary Carillion’s liquidator alleged KPMG did not examine accounts of Carillion properly and should pay £250 million as a penalty. The Lawyers of the Official Receiver has sent a pre-claim letter to KPMG before taking any action.&.....
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Shareholders on driving seat at Vertu Motors Plc and Cambria Automobile Plc
June 24, 2021 02:25 PM BST| By Suhita PoddarSummary Vertu Motors, the fifth-largest automotive retailer in the UK, witnessed shareholders revolt against CEO remuneration resolution. Cambria Automobiles has urged its shareholders to accept the takeover offer from Cambria Bidco L.....
What are the big 5 tech stocks for July?
June 24, 2021 11:48 AM BST| By Suhita PoddarSummary The tech sector is leading from the front to deal with the challenging time amid COVID-19. There are many good technology companies listed on the London Stock Exchange in which one can invest. Despite having a bumpy start this year.....
UK Stocks to Watch on June 24: First Property, Latham, Persimmon, Puretech Health, GlaxoSmithKline
June 24, 2021 07:36 AM BST| By Suhita PoddarThe following FTSE listed stocks First Property (LON: FPO), Latham (LON: LTHM), Persimmon (LON: PSN), Puretech Health (LON: PRTC), GlaxoSmithKline (LON: GSK) are set to make headlines today. First Property Group plc (LON: FPO) FTSE AIM All-Sha...
US markets close mixed as financials, energy stocks advance
June 23, 2021 03:26 PM PDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, June 23, after financials and energy scrips advanced, while other stock segments remained subdued. The S&P 500 was down 0.11% to 4,241.84. The Dow Jones declined 0.21% to 33,874.24. The NASDAQ Comp...
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Crude Oil Prices Breached Multiyear Highs with Brent Rallied Near $76
June 23, 2021 07:08 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 2.97 points or 0.07 per cent higher at 4,249.40, Dow Jones Industrial Average Index dipped by 20.81 points or 0.06 per cent lower at...
More sales, more profits, but less dividends: Emma Walmsley’s roadmap for New GSK
June 23, 2021 05:25 PM BST| By Kamalika GhoshGlaxoSmithKline’s (LON:GSK) CEO Emma Walmsley has said that by 2031, the company plans to make sales of over £33 billion and increase adjusted operating profit by 10 per cent in the next half-decade. However, the company plans to slash .....
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What are the best tech stocks on FTSE?
June 23, 2021 12:26 PM BST| By Suhita PoddarTechnological innovation is growing at a rapid pace and has witnessed an even greater focus in recent times as businesses have used the aid of new technology to pivot and remain afloat during the pandemic induced lockdowns and restrictions. Moreov.....
EU approves AstraZeneca Drug Koselugo for Treating NF1 in children
June 23, 2021 11:23 AM BST| By Suhita PoddarThe European Union has approved the drug Koselugo, manufactured by AstraZeneca (LON: AZN) and Merck & Co, to treat children above 3 years of age with neurofibromatosis type 1 (NF1), a rare genetic disease. The drug was approved as per the SPRIN.....
