Stocks
Lens On 3 FTSE 100 Banking Stocks as UK Sells Stake in Natwest for £1.1 Bn
March 19, 2021 03:11 PM GMT| By Team Kalkine MediaSource: Freedomz, Shutterstock Summary The government sold its stake worth £1.1 billion in NatWest Group. The sale brought the government’s stake in the group down to 59.8% from 61.7%. The UK government today sold its stake wo...
3 FTSE Pub Stocks in Focus After JD Wetherspoon Reports Losses In H1 2021
March 19, 2021 02:59 PM GMT| By Suhita PoddarSource: Fotiev, Shutterstock Summary UK-based pub chain JD Wetherspoon on 19 March reported a loss before tax of £59.3 million in H1 2021 due to lockdown restrictions. Company chairman Tim Martin said that due to the government’s c...
AstraZeneca Shares Making ‘Inverse Head And Shoulders’ Pattern Amid Vaccine Chaos
March 19, 2021 02:50 PM GMT| By AbhijeetSource: PhotobyTawat, Shutterstock Summary Shares of AstraZeneca have experienced a turbulent trading session of late. The stock was trading at GBX 7,133, up 0.07 per cent on 19 March. This year so far, the stock has largely fallen extending...
3 UK Logistics Stocks with Over 200% One-Year Return Amid Pandemic Blues
March 19, 2021 12:41 PM GMT| By AbhijeetSource: Halfpoint, Shutterstock Summary FedEx’s package volumes for the quarter ended February 28 were up 25 per cent. Its adjusted revenue was at $21.5 billion against $17.5 billion for the same period a year ago. Operating income incr...
What are the recent merger updates unveiled by Premier Oil?
March 18, 2021 03:56 PM GMT| By Team Kalkine MediaSource: Oil and Gas Photographer, Shutterstock Summary Premier Oil PLC had reported a revenue of USD 949.4 million during FY20 ended 31 December 2020. The shares will be trading as Harbour Energy PLC from 01 April 2021. The Company had report...
Focus On 3 Green Energy Stocks Amid Worries of Tesla’s Bitcoin Carbon Footprint
March 18, 2021 01:35 PM GMT| By AbhijeetSource: Fit Ztudio, Shutterstock Summary A study has found that Tesla’s £1 billion investment in bitcoin has carbon footprint The total investment made by the electric car manufacturer is worth 1.8 million cars’ annual emissi...
Hyundai And Shell Ink New Deal for Clean Mobility Solutions
March 18, 2021 01:04 PM GMT| By Suhita Poddarf the collaboration and the first time it is focusing on carbon footprint reduction South Korean car manufacturing giant Hyundai (KRX: 005380) inked a new agreement with oil and gas major Royal Dutch Shell Plc (LON: RDSA) expanding its pre-exist...
3 FTSE Telecom Stocks in Focus as Vodafone’s Spin Off Vantage Makes Its Debut
March 18, 2021 08:43 AM GMT| By Suhita PoddarSource: ShutterOK, Shutterstock Summary Telecommunications giant Vodafone Group Plc said its EU-based towers arm Vantage Towers is set to float on the Frankfurt stock exchange valued at EUR 12.1 billion Vodafone will net up to EUR2.3 billion a...
Top 4 Dividend-Paying VCT Stocks to Look At
March 18, 2021 07:12 AM GMT| By Suhita PoddarSource: Funtap, Shutterstock Summary Investing in dividend stocks remains one of the best ways to counter unprecedented times VCTs not only provide access to the venture capital investment to the individual investors but have been a source of...
Spectrum Auction: 3 Telecom Stocks with Over 30% One-Year Return in Focus
March 17, 2021 04:21 PM GMT| By AbhijeetSource: I'm friday, Shutterstock Summary The UK government is expected to get £1.4 billion from mobile spectrum auction. Vodafone Group Plc, Telefonica UK, EE, and Hutchison 3G bid for 34 lots of spectrum. The United Kingdom governm...
What significant factors led Alpha FX Group to show remarkable revenue growth during FY20?
March 17, 2021 04:17 PM GMT| By Team Kalkine MediaSource: wutzkohphoto, Shutterstock Summary Alpha FX Group PLC had reported a revenue of £46.2 million during FY20. AFX had a robust free cash flow of £52.0 million during FY20. AFX had shown an increase of 16.0% in client numbers...
FTSE 100: Top 10 Buzzing Stocks on LSE
March 17, 2021 01:44 PM GMT| By AbhijeetSource: Vlad Ispas, Shutterstock Summary FTSE 100 extended the losses in the early afternoon deals on Wednesday. At around 1157 GMT, the FTSE 100 was trading at 6,764.80, down 0.57 per cent. BT Group shares emerged as the top gainers am...
Uber’s New Employment Benefits for Drivers to Have Wider Implications on Gig Economy
March 17, 2021 01:29 PM GMT| By AbhijeetSource: Rostislav_Sedlacek, Shutterstock Summary Uber Technologies Inc (NYSE: UBER) announces minimum wage, pensions, and holiday benefits for drivers. Drivers henceforth to be defined as workers and not as self-employed. The announcement com...
3 Stocks with Over 5% Dividend Yield to Watch as UK Consumer Spending Pegged At £50 Bn
March 17, 2021 11:51 AM GMT| By Suhita PoddarSource: Viktoryia Rejepova, Shutterstock Summary A study has found that cash savings in the last one year increased by nearly 46 per cent. The economy is expected to get a boost worth £50 billion in consumer spending this year. People h...
Natwest Group Shares Drop 3% In 3 Days as FCA Probes Bank
March 17, 2021 10:42 AM GMT| By AbhijeetSource: Jirapong Manustrong, Shutterstock Summary Shares of NatWest Group have dropped over 3 per cent in the last three days. The stock regained sharply in the mid-morning deals on Wednesday. According to FCA, NatWest Group failed to co...
What Made Rolls Royce’s Shares Prices Spike on Bourses
March 17, 2021 10:31 AM GMT| By Suhita PoddarSource: aapsky, Shutterstock Summary British engine manufacturer Rolls Royce announced a collaboration with Nordic regional airline Wideroe and aeronautics company Tecnam to build an all-electric aircraft set for commercial launch in 2026. The...
6 UK Gaming Stocks That Have Seen Highest Gains In 2020
March 17, 2021 09:34 AM GMT| By AbhijeetSource: Africa Studio, Shutterstock Summary Most UK gaming companies have given strong returns in FY2020. The UK gaming market is fifth largest in the world and is worth £3.86 billion. A majority of companies in the broader ga...
3 Defensive Stocks to Consider for Your All-Weather Portfolio
March 17, 2021 07:31 AM GMT| By Suhita PoddarSource: Kunst Bilder, Shutterstock Summary Defensive stocks have stable earnings outlook despite the state of the economy. They are used as tool by investors to balance their investment portfolio in terms of risk quotient. Defensive stocks c...
Vaccine Stocks in Focus as AstraZeneca Awaits EU Verdict on Its Jabs
March 16, 2021 04:00 PM GMT| By Suhita PoddarSource: Aedka Studio, Shutterstock Summary AstraZeneca has recently faced suspensions from several countries and now is awaiting the EU medical watchdog’s official verdict. The company’s shares are still in the green as the World H...
Top 10 FTSE Penny Stocks Which Made A Spin in Just 6 Months
March 16, 2021 02:37 PM GMT| By Suhita PoddarSource: Vitalii Vodolazskyi, Shutterstock Summary Many penny stocks have delivered triple digit returns in no time. Most of the penny stocks are resource or technology companies. As the stock market is making a comeback, young investor...