Stock market
10 top FTSE penny stocks with over 200% returns in the last one year
August 04, 2021 01:48 PM BST| By Kamalika GhoshPenny stocks are usually traded at a low price (up to £1) and are issued by firms with a lower market capitalisation and relatively small business operations or have been in business for a significantly lesser amount of time. As a result, pen.....
Nvidia’s $40 billion acquisition of Arm in troubled waters
August 04, 2021 09:55 AM BST| By Kamalika GhoshSummary The UK government announced its intentions to block Arm’s acquisition by Nvidia due to potential national security threats. In September 2020, Nvidia struck a $40 billion deal for the potential takeover of Arm from SoftBank .....
4 FTSE earnings report to watch: CEY, FXPO, TW. and LGEN
August 04, 2021 09:15 AM BST| By Kamalika GhoshSummary Centamin, Ferrexpo, Legal & General Group and Taylor Wimpey are going to announce their earnings today. FTSE 100 is gaining steadily after positive cooperate earnings by the companies. Market’s future direction will depend on.....
What caused Activision Blizzard’s sudden management changes?
August 04, 2021 09:00 AM BST| By Suhita PoddarSummary Video game company Activision Blizzard announced a flurry of management changes following a sexual harassment and discrimination lawsuit. Activision Blizzard’s president J Allen Brack and its SVP of HR Jesse Meschuk both confirmed.....
Lloyds (LON: LLOY) shares gain on strong earnings and dividend announcement
August 03, 2021 02:40 PM BST| By Kamalika GhoshSummary Lloyds Group Plc reported growth in profit before tax in its half-yearly results mainly due to higher economic activities and continued business operations. The lender announced a dividend of 0.67p per share and plans to reintroduce a s.....
3 FTSE Stocks in news: Unilever, BP Plc and XPO Logistics
August 03, 2021 10:38 AM BST| By Kamalika GhoshSummary Unilever has reduced its quarterly dividend payout to £93p. BP Plc reported strong half-yearly results with growth in the operating revenues and reduction in net debt. XPO Logistics has completed spin-off of its global logistics .....
88 Energy (LON: 88E) shares: What is propelling the surge?
August 03, 2021 09:01 AM BST| By Suhita PoddarSummary Energy company 88 Energy announced changes and additions to its board, causing its shares to surge. 88 Energy’s shares ended higher by over 7 per cent on Monday following the news The company had also recently announced its quart.....
What you should know about these 2 cryptocurrencies: Harvest Finance and Rally
August 03, 2021 08:10 AM BST| By Suhita PoddarSummary As cryptos gain more mainstream attention, newer innovative digital currencies and tokens have emerged. Harvest Finance is a DeFi yield farming protocol, while Rally is a social token powered on the Ethereum network which allows i.....
5 AIM-listed penny stocks that have rallied more than 100% so far in 2021
August 03, 2021 07:12 AM BST| By Suhita PoddarSummary Penny stocks are a popular investment choice for investors seeking big returns and looking for cheaply priced stocks. Stocks listed on the Alternative Investment Market (AIM) are usually smaller companies and having high growth po.....
What led Meggitt Plc (LON: MGGT) and FTSE 250 to hit record high?
August 02, 2021 04:06 PM BST| By AbhijeetBritain-based Meggitt Plc, which designs and manufactures the components and sub systems for the aerospace and defence sector, has agreed to an acquisition bid of £6.3 billion by the US-based Parker-Hannifin Corporation, a leading manufa.....
Lens on 3 FTSE 100 industrial stocks as July manufacturing PMI slips further
August 02, 2021 03:46 PM BST| By Suhita PoddarSummary UK’s July manufacturing PMI data indicated a continuing slower pace of growth. July’s PMI grew at 60.4, down from June’s PMI reading of 63.9 and much lower than May's record high of 65.6 PMI The UK’s M.....
Why have Pfizer and Moderna raised prices for vaccines in the EU?
August 02, 2021 12:05 PM BST| By Kamalika GhoshSummary US-based COVID-19 vaccine manufacturers Pfizer and Moderna increased prices of their vaccines in the latest European Union supply contracts. The terms of the deal for 2.1 billion vaccine doses until 2023 were renegotiated, as the phase .....
FTSE travel stocks react positively to Sunak’s urge to ease travel rules
August 02, 2021 11:24 AM BST| By Suhita PoddarSummary UK’s chancellor Rishi Sunak urged the UK government to ease quarantine rules in order to remain competitive with its international counterparts. The UK government has a key travel restrictions review meeting on 5 August The creat.....
4 FTSE Stocks in the news- Rio Tinto, HSBC Holdings, Morrisons, Easyjet
August 02, 2021 09:59 AM BST| By Kamalika GhoshSummary HSBC Holdings reported a fall in revenue because of the low interest rate worldwide and lower revenue from Markets and Securities Services. Morrison Plc largest shareholder could reject the possible takeover bid by the US-based pr.....
Hudson Pacific and Blackstone to invest £700 million for a Sunset Studio in London
August 02, 2021 09:00 AM BST| By Kamalika GhoshSummary US-based Hudson Pacific Properties and Blackstone plan to invest £700 million for the construction of a massive state-of-the-art film, TV and digital production complex in London. With the easing of lockdown restrictions and.....
5 small-cap stocks to watch in August
August 02, 2021 07:26 AM BST| By Suhita PoddarSmaller companies can provide good investment opportunities for investors, as they have the potential for high returns. However, small cap stocks can also be more volatile compared to their large cap counterparts. Small cap stocks typically have a .....
Top 10 FTSE stocks by market cap
August 02, 2021 06:58 AM BST| By AbhijeetSummary Market capitalisation is determined by multiplying the company’s outstanding shares by its current share price. Market cap is a very important parameter while grouping similar kinds of stocks and shares. AstraZeneca.....
Does it make sense to invest only in dividend stocks?
August 01, 2021 12:16 AM BST| By Kamalika GhoshInvesting in dividend stocks or dividend yield stocks is a common practice of investors. Companies which pay regular dividends to its investors are much in demand as they make investors their partners in the profits they earn. Dividends are a part .....
Weekly roundup of FTSE 100 risers and fallers (July 26-30)
July 31, 2021 12:06 AM BST| By Team Kalkine MediaFTSE 100 managed to end the week ended 30 July in positive territory, but it was a tumultuous week. Here we are giving the recap of gainers and losers of every day during the passing week. 26 July 2021 Top riser International Consolidated Airlin...
Famous five of business this week (July 26-30)
July 31, 2021 12:04 AM BST| By Suhita PoddarMonday – July 26 Activision Blizzard Inc. (LON: 0H8X) (NASDAQ: ATVI) Santa Monica-based Activision Blizzard is a developer and provider of interactive gaming and entertainment solutions. The gaming giant was hit with several sexual harass...