Browsing Category
Shares
Applied Nutrition’s £500m floatation plan is a boost for the London Stock Exchange
Applied Nutrition is preparing to float for more than £500 million, a sign that the London stock exchange, which has been battered by the recession, may be beginning to recover.
Tom Ryder, 40, founder of Liverpool's Applied Nutrition has…
Capital Group purchases more than £110m worth of NatWest shares following UK Government share cuts
After a significant cut in government shareholding, a leading US investor began to pour cash into NatWest after allaying fears of state interference in the bailed out banking group.
Los Angeles-headquartered Capital Group, which is one…
Cazoo crash, skidding down a 99.9% share fall, puts an end to the American dream
Officials at the London Stock Exchange grumble about the unfairness of the world. They complain that while high-profile IPO failures in Britain are remembered for many years, IPO disasters on the New York Stock Exchange are quickly…
Alstom pays €1 billion to shareholders
The French-owned company with a Derby site that supplied rolling stock to the Elizabeth Line asked its shareholders to contribute €1 billion in order to get back on track.
Alstom, the company that operates the historic Litchurch Lane…
Coutts withdraws £2bn from London Stock Market
The Royal Family's bank is planning to invest abroad in order to achieve the best returns.
King's Bank is the latest to hit the London Stock Exchange with a hammer.
Coutts, the bank that serves the Royal Family and operates an ATM at…
Starbucks’ sales plunge by £12bn due to consumers cutting back on expensive coffee
Coffee chain blames "more demanding" customers for sudden drop in sales
Starbucks shares dropped by over 16pc after a sudden drop in sales caused a sell-off.
The trading update revealed that the earnings of the coffee chain had fallen…
BHP’s bid of £31bn for Anglo American is met with ire by South Africa and its shareholders
BHP proposed to buy rival Anglo American for £31bn, a deal that sparked a backlash by the South African Government and major shareholders.
BHP, an Australian company, announced on Thursday it would acquire Anglo in a stock-for-stock…
Reckitt shares rise on higher-than-expected Sales
Reckitt-Benckiser reported better-than-expected volumes and sales, while reassurances regarding litigation affecting its premature baby formula in the United States also helped to lift the shares of one of the largest consumer goods…
FTSE 100 reaches record high amid rising shares amid hope of interest rate reduction
The UK stock exchange hit a new record on Tuesday as investors hoped for interest rate reductions and a calming of geopolitical tensions.
The FTSE index of blue chip stocks listed in London reached 8,076 on Tuesday. This is higher than…
Netflix profits surge after password-sharing crackdown
Netflix's crackdown against password sharing helped it to blow past Wall Street earnings expectations, but shares dropped after it announced it would stop regularly disclosing subscriber numbers.
The company's first-quarter operating…
TGI Fridays US to be listed in London
The UK franchise owner for TGI Fridays agreed to a £177mn takeover, which will allow the US chain that is known for its chicken wings, potato skins and two-for one cocktail list on London Stock Exchange.
The deal is a major boost to the…
Shell’s exit from the FTSE could cause a dam to break
City nerves jangle when FTSE giant feels unvalued
Net zero is still decades away, but we have spent endless hours imagining what a world would be like without oil.
London's stock exchange bosses, on the other hand, face a more…
Former chief executive says Shell is’massively underestimated’ in London
Former Shell head says oil giant is "massively underestimated" in London, and could benefit from moving its listing to US. This is another blow for the UK stock exchange.
Ben van Beurden who was responsible for Shell's shift from The…
Thames Water owes millions of dollars to Chinese state-backed bank
The financial crisis that has engulfed Thames Water is largely due to two Chinese state-owned banks.
Bank of China and Industrial and Commercial Bank of China were among the lenders who backed a £190-million loan that Kemble Water…
Revolution Bars shares are suspended from trading
The trading of shares in one of Britain's largest bar operators was suspended Tuesday, as the company sought to raise emergency funds backed by serial investor Luke Johnson.
Revolution Bars Group said that it was unable to comply with…
AstraZeneca shareholders are urged to oppose the pay plan for CEO Soriot
Two influential shareholders advisers have labelled AstraZeneca’s plan to pay CEO Pascal Soriot as much as £18.7mn "excessive". They said his remuneration is already competitive with international peers.
Last month, the drugmaker…
Flutter, the owner of Paddy Power, hopes that the US listing will attract retail investors
As Paddy Power prepares to move its primary listing to New York, the Paddy Power owner wants to convert its rapidly growing US customer base to shareholders.
In January, the company, which has the largest market share of FanDuel in the…
Short sellers flock to Fortnox, a Swedish software company that is on the rise.
Tommy Eklund, Fortnox's CEO, has redefined the technology industry in a way that few other chief executives have.
Eklund turned a Swedish niche accounting software supplier into a stock-market sensation, whose share value has increased…