Browsing Category
Shares
Rentokil’s US performance exceeds expectations
Rentokil Initial (FTSE 100), the pest control company, has reported slightly better-than-expected performance in the US, as it continues to integrate Terminix, its North American business acquired in a £4.5 billion deal two years ago.…
Boeing aims to raise $35 billion dollars as strikes bite
Boeing is planning to raise as much as $25 billion through the sale of bonds and shares. The aircraft manufacturer, which faces a cash crisis due to a strike that continues and production delays, has been struggling to meet its obligations.…
Dunelm’s founder’s son sold £114m in shares
The deputy chairman at Dunelm sold £114m of shares to a discount, but he says that he is "fully committed" to Britain’s largest homewares retailer.
Sir Will Adderley, the son of Dunelm’s founder and former Conservative Party donor, and…
Revolut founder sold shares in fintech company worth up to $300m
According to reports, the founder of Revolut - one of Europe's most valuable technology firms - has sold shares in the company worth up $300m (£230m).
Nik Storonsky is the chief executive officer of Revolut. He sold between 40 and 60% of…
BMW shares drop to a four-year low after recall of 1.5m vehicles announced
The shares of BMW fell after the automaker announced it would have to recall 1,5m vehicles due to a brake problem. This will cost it nearly €1bn.
The German manufacturer stated that its annual earnings will be significantly lower than…
Everton supporters could be able to purchase shares in the club if Textor completes takeover
John Textor may offer Everton supporters the opportunity to purchase shares if he is successful in his bid of £600m to take control away from Farhad Moshiri. The American is getting ready to list his Eagle Football Group, which includes…
Trump Media Shares Plummet Erasing Meteoric Gains
Donald Trump's social media venture has experienced a dramatic reversal of fortune on the stock market. Shares in Trump Media & Technology Group (TMTG), the parent company of Truth Social, closed below $17 on Wednesday, effectively…
Segro Agrees 552 Million Pound Takeover of Tritax EuroBox in All Share Deal
In a significant development that has impacted the property sector, FTSE 100 company Segro has announced a £552 million all-share takeover of its smaller rival, Tritax EuroBox. This unexpected move could provoke a response from Brookfield,…
Hargreaves Lansdown Co-Founder Questions Takeover Price Fairness
The co-founder of Hargreaves Lansdown, Stephen Lansdown, has expressed doubts about the fairness of the £5.4 billion agreed bid price for the UK's largest DIY investment platform. While he believes the offer is "fair" compared to previous…
FCA Cracks Down on Unregulated Share Offers as Odin Pauses Crowd Investments
The Financial Conduct Authority (FCA) is taking action against unregulated firms that facilitate investment deals for private companies without proper regulatory permissions. This move comes as entrepreneurs increasingly turn to online…
Top Defence Contractors Poised to Generate Record Cash as Orders Surge
The world's largest aerospace and defense companies are projected to accumulate unprecedented levels of cash over the next three years, driven by a surge in government orders for new weapons due to escalating geopolitical tensions. An…
Warren Buffett’s empire of stocks loses $15bn due to global market crash
Warren Buffett’s stock-holding empire has suffered a loss of at least $15bn in the midst of a global market sell-off.
Apple, Bank of America, and Mitsubishi all saw their stock values plummet on Monday.
This decline is despite the…
Rachel Reeves cancels the ‘Tell Sid” sale of NatWest Shares
The government scrapped a "Tell Sid-style" sale of NatWest share to the public amid fears it could have cost taxpayers up to £450 million.
In November, the previous Conservative government floated the idea of selling a part of the nearly…
St James’s Place shares rise by a fifth after it announces cost-cutting measures
St James's Place announced higher profits and received more money from its customers than expected during the first half of the year as it laid out plans to cut costs. Shares in the UK's biggest wealth manager rose by 20 percent.
Mark…
Reckitt Benckiser shares fall after Abbott ruling on bowel disease and baby formula
The share price of Reckitt Benckiser has fallen to its lowest level in 10 years after a US Court ruled that a rival Abbott Laboratories' formula caused a girl to develop serious bowel problems.
The shares of the British Consumer Goods…
Unilever shares rise as the company defends its price increases despite higher profits
Unilever, owner of Marmite, Dove and Ben & Jerry's, defended the price increases despite a higher-than-expected profit increase of 17%.
Unilever, a London-based company, announced that its profit margins increased 2.5 points to 19,6%…
Chip stocks fall as Trump’s comments ruffle investors
Semiconductor stock prices fell on Wednesday, after Donald Trump, the former US President said that Taiwan should be responsible for its own defense and reported reports suggested that the US may consider tighter restrictions regarding…
BlackRock’s Larry Fink highlights the ‘barbell Effect’ as investors return back to…
BlackRock CEO Larry Fink stated on Monday that investors are creating a “barbell effect” in the fixed income markets when they choose low-cost exchange-traded funds and alternative assets over traditional bond funds.
Fink, the world's…