Tesla’s wild-ride: Shares correct 36% from record high clinched in 2021
Summary Tesla shares has seen some of the sharpest moves in the last one-and-a-half years Of late, the shares have not performed well, stands with a negative YTD return Between 8 February and 8 March 2021, the stock of Tesla plunged 34.79 per ...
- May 14, 2021 02:41 PM BST
- Abhijeet
West Newton: A Fast Pathway to Monetisation for Reabold
Summary In West Newton, Reabold holds around 56 per cent economic interest indirectly through its 59 per cent share in Rathlin and through a direct licence interest of ca 16.67%. The company follows a trusted strategy to target low technical ri...
- May 14, 2021 01:54 PM BST
- Team Kalkine Media
5 Stocks That Have Been Abuzz with News On M&A
Summary The LSE saw a host of announcements regarding mergers and acquisitions. Sanne Group Plc shares surged over 25 per cent after rejecting a proposal by Cinven Limited. Grainger, Intertek, and Argo Blockchain among others, have announced b...
- May 14, 2021 01:39 PM BST
- Suhita Poddar
Why On the Beach Group Plc share prices crashed on LSE?
Summary On the Beach Group Plc said it will start selling trips abroad only after 1 September due to the uncertainties related to the coronavirus pandemic. It would be reviewing its position after government releases its next international trav...
- May 14, 2021 11:45 AM BST
- Suhita Poddar
Did Inflation Fears Push FTSE 100 Lower; Crude Oil Down 3%
US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 46.42 points or 1.14 per cent higher at 4,109.30, Dow Jones Industrial Average Index surged by 429.63 points or 1.28 per cent higher at 34,0...
- May 13, 2021 07:31 PM BST
- Team Kalkine Media
FTSE 100-listed Prudential expects demerger of Jackson in the second half of 2021
Summary Prudential had shown around 14% growth in Asia and Africa APE (Annual Premium Equivalent) sales during Q1 FY21. The Company will pay a second interim dividend of around 10.73 US cents per share on 14 May 2021. Pulse downloads have reac...
- May 13, 2021 04:33 PM BST
- Team Kalkine Media
FTSE 100 slips, then flips as Wall Street shines after 3-day carnage
Summary UK shares experienced a topsy-turvy ride on Thursday Upbeat Wall Street phenomenally supported the London equities The Wall Street trio -- Dow, Nasdaq and S&P 500 -- jumped over 1 per cent, each In the late trades, FTSE 100 was ho...
- May 13, 2021 04:05 PM BST
- Abhijeet
Eurasia Mining Shares Rally on Potential Asset Sale News
Summary Eurasia Mining shares moved up by 12 per cent today, reacting to an announcement of a potential asset sale to a credible party. In case the deal is through, it would allow the gold and metals miner to pay a significant dividend to all i...
- May 13, 2021 03:58 PM BST
- Abhijeet
Alphawave Makes A Dismal Debut, Shares Fell Over 21%
Summary Chipmaker Alphawave stock tumbled on its LSE debut. It licences high-speed data transmission technology to various chipmaker firms The Totonto-based semiconductor IP company was valued at £3.1 billion Shares of the Canadian ...
- May 13, 2021 03:33 PM BST
- Abhijeet
Musk Impact: 3 FTSE Blockchain Stocks Suffer Sharp Drop in Trade Today
Summary Electric vehicle giant Tesla founder Elon Musk announced the company would stop accepting Bitcoin as a form of payment due to its high energy consumption and its effect on the climate. The news led to a crash in cryptocurrency and block...
- May 13, 2021 03:24 PM BST
- Suhita Poddar