Stocks
Ultra (LON: ULE) and Meggitt (LON: MGGT) shares soar on takeover announcements
August 16, 2021 01:44 PM BST| By Suhita PoddarHighlights 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.....
Dogecoin starts strong on Monday, registers 13.65% growth
August 16, 2021 11:51 AM BST| By Kamalika GhoshHighlights Dogecoin has registered an impressive gain of 13.65% on Monday. The rally was induced by Mark Cuban and Elon Musk’s comments calling Dogecoin the most robust cryptocurrency for payments. The cryptoc.....
Gold vs. cryptocurrency: Which investment can help you right now
August 16, 2021 11:27 AM BST| By Kamalika GhoshHighlights Both gold and cryptocurrency have their own advantages and disadvantages. It all depends on investors where they want to invest. Unlike fiat currencies being pegged to stable assets, cryptocurrencies have no asset backing. Gold-back.....
Greenwashing concern: Should you buy these 3 FTSE renewable energy stocks?
August 16, 2021 10:39 AM BST| By Team Kalkine MediaHighlights 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.....
Chromia: What you should know about this rising crypto
August 16, 2021 09:25 AM BST| By Suhita PoddarHighlights Chromia (CHR) is a public open source blockchain protocol which aim to help decentralised apps scale The coin has surged over 19 per cent in the last 24 hours following the news of Chromia blockchain based video game My Neighbo.....
3 FTSE pub stocks if you are looking to enter the hospitality space
August 16, 2021 08:18 AM BST| By Suhita PoddarHighlights Craft brewery major Beavertown announced plans to open its first pub today The pub, called Corner Pin, will be located across from the Spurs Tottenham Hotspur Stadium The company aims to open a chain of pubs called as Beaver Beacons.....
Boohoo’s (LON: BOO) eyes global expansion through £500-million investment
August 13, 2021 03:48 PM BST| By Suhita PoddarHIGHLIGHTS Boohoo in its first-ever Economic Impact Report announced, plans to invest £500 million to grow its customer base in the UK and international markets. The company plans to create over 5,000 new jobs across purchase, technology,.....
Babcock shares fly 8% as it sells Frazer-Nash Consultancy for £293 million
August 13, 2021 02:18 PM BST| By AbhijeetHighlights 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.....
3 FTSE 100 mining stocks worth considering: Evraz, Rio Tinto, BHP
August 13, 2021 01:25 PM BST| By Suhita PoddarHighlights Improved sectoral outlook for the mining sector and rising commodity prices have boosted UK’s mining stocks in FY 2021 Evraz, Rio Tinto both recently announced strong H1 2021 results, outperforming the broader markets BHP is s.....
Professional athletes and clubs going gaga over cryptocurrencies
August 13, 2021 12:30 PM BST| By Suhita PoddarHighlights Many professional athletes and sports clubs have found a unique way not only to drive revenue but also to engage fans at the same time MLB, NFL, Formula One, Football are few sports who have ventured into cryptocurrencies. Crypt.....
5 FTSE AIM stocks to buy: GOOD, PHE, JLH, ABDX and KWG
August 13, 2021 12:08 PM BST| By Kamalika GhoshOver the years, AIM has grown into the most successful market for dynamic high growth companies and also rewarded investors with high returns. The most important aspect of investment in AIM listed stocks is that they offer an opportunity to invest .....
Lens on FTSE-AIM listed Redrow and Foxtons amid cooling UK housing boom
August 13, 2021 11:01 AM BST| By Kamalika GhoshHighlight According to Halifax, average UK property price currently stands at £261,221, an increase of 0.4% in July, with Wales registering the highest rise of 13.8%, and London the lowest at 2.5%. The UK house prices are currently about .....
3 FTSE oil and gas stocks in focus after OPEC maintains 2021 demand forecast
August 13, 2021 08:53 AM BST| By Suhita PoddarHighlights The Organisation of the Petroleum Exporting Countries (OPEC+) announced that 2021 demand is expected to remain strong despite rising Delta variant cases It estimates global oil demand to rise by 6.6 per cent in 2021, same as its earl.....
Where to live: Most expensive and least affordable UK cities in 2021
August 12, 2021 02:30 PM BST| By Kamalika GhoshThe UK’s least and most affordable cities out of 61 cities this year was revealed by Halifax, the country’s leading mortgage lender, analysed the average house prices and earning for a year ending June 2021. The report suggests some of .....
Aviva to return a minimum of £4 billion to shareholders: 2 FTSE insurance stocks in focus
August 12, 2021 02:20 PM BST| By Kamalika GhoshOn Thursday, Aviva Plc’ (LON: AV.) shares reached eight-week highs, following an announcement by the British insurer that it would return a minimum of £4 billion to shareholders, owing to pressure from Cevian, its activist investor. Av.....
Helium One and RTC Group - Is it the right time to buy these AIM stocks?
August 12, 2021 12:08 PM BST| By Kamalika GhoshSummary Helium One stocks suffered sharp sell-off, losing over 50% in the last session on announcing the recent drilling update. RTC Group’s subsidiary company has signed an agreement with Network Rail to provide labour service for the ne.....
Can Harvest Finance extend the surge post its listing on Binance?
August 12, 2021 11:09 AM BST| By AbhijeetHighlights Harvest Finance is a yield maximiser protocol that operates on DeFi ecosystem to generate yields. On Wednesday, the FARM Coin went live on the Binance exchange, and since then, the coin has seen significant movement. .....
Glencore (LON: GLEN) and Rio Tinto (LON: RIO) – Are they worth holding on to?
August 12, 2021 10:35 AM BST| By Kamalika GhoshHighlights The company’s assets, operations and mining history are critical factors in deciding if a particular mining stock is worth holding on to. Glencore plc has given a 91.17% return to its shareholders in the last one year. I.....
Meggit (LON: MGG) finds a second US bidder. Should you invest in this FTSE 250 stock?
August 12, 2021 10:08 AM BST| By Kamalika GhoshHighlights 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.....
IOTX Prices surge, can it quintuplet in five years?
August 12, 2021 09:06 AM BST| By Suhita PoddarSummary Cryptocurrency IoTex prices jump over 60 per cent following its listing on crypto exchange Coinbase Pro. IoTex is a machine economics blockchain protocol focused on the internet of things (IoT). The IOTX token’s 1-year pric.....