Industrial Stocks

Why Rolls Royce is in news

 Why Rolls Royce is in news

Highlights Rolls Royce has entered a deal with Bain Capital to sell its Spanish aircraft engine manufacturing business ITP Aero. The deal will help the British jet engine maker to hit its GBX 2 billion target for disposal and boost the investor...

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Top 5 FTSE solar energy stocks to buy

Top 5 FTSE solar energy stocks to buy

Highlights  The global solar PV market is expected to grow by 24 per cent on a CAGR basis between 2021 to 2027 The growth is being driven by rising climate related concerns, government policies and other factors The UK has made addressing...

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3 AIM renewable stocks to buy as the space hots up with new funding

3 AIM renewable stocks to buy as the space hots up with new funding

Highlights  Offshore windfarm company North Star Renewables announced securing a £96 million loan for building an offshore renewables fleet. The project will include building 3 new service operations vessels (SOVs), the first of whic...

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Hydrogen investment: Should you buy these 3 FTSE Stocks?

Hydrogen investment: Should you buy these 3 FTSE Stocks?

Highlights  The UK government released its low carbon hydrogen economy plan, proposing a twin track strategy of using both green and blue hydrogen for building the nascent sector. Hydrogen energy is expected to account for 20 to 35 per cen...

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5 FTSE electric vehicle stocks to buy in August

5 FTSE electric vehicle stocks to buy in August

Highlights  According to Society of Motor Manufacturers and Traders (SMMT), electric cars accounted for 8.4 per cent share in the total car sales in May 2021. All major automobile manufacturers are rushing to make the most of the governmen...

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5 shares that can be bought after Ultra Electronics and Meggitt takeover deals

5 shares that can be bought after Ultra Electronics and Meggitt takeover deals

Highlights  The US-led takeover of two British defence giants has recently created a buzz in the market. After the Cobham deal last year, now Ultra Electronics and Meggitt deals are leading to a US-led takeover of UK defence industry. The...

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Ultra (LON: ULE) and Meggitt (LON: MGGT) shares soar on takeover announcements

Ultra (LON: ULE) and Meggitt (LON: MGGT) shares soar on takeover announcements

Highlights  Ultra Electronics Holdings plc entered into a £2.6 billion takeover agreement with Cobham Ultra Acquisitions Limited. Post takeover, each Ultra Electronics shareholder will receive £35.00 in cash, 40% more than Ultr...

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Greenwashing concern: Should you buy these 3 FTSE renewable energy stocks?

Greenwashing concern: Should you buy these 3 FTSE renewable energy stocks?

Highlights The UK’s Department for Business is soon expected to launch a review of power suppliers in the UK market. The department want to investigate whether the power companies are using renewable source of energy or greenwashing to ma...

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Babcock shares fly 8% as it sells Frazer-Nash Consultancy for £293 million

Babcock shares fly 8% as it sells Frazer-Nash Consultancy for £293 million

Highlights  Babcock shares advanced more than 8% on Friday Company has agreed to sell Frazer-Nash Consultancy to KBR Inc The aerospace and defence firm is expected to garner £293 million Proceeds from the sale will be utilised to r...

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Meggit (LON: MGG) finds a second US bidder. Should you invest in this FTSE 250 stock?

Meggit (LON: MGG) finds a second US bidder. Should you invest in this FTSE 250 stock?

Highlights  Meggit has been approached for over £7.03-billion takeover bid by TransDigm. US rival Parker-Hannifin had made an offer worth 800 pence per share last week. Meggit’s share price rose to 830 pence, up by 16 per cent...

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Clarkson’s (LON: CKN) shares jump on interim dividend announcement

Clarkson’s (LON: CKN) shares jump on interim dividend announcement

Summary UK based shipping services company announced strong H1 2021 results that led the shares to jump by over 5 per cent. The company reported a 30.3 per cent rise in its underlying profits before tax due to strong performance from its brokin...

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