Is Lloyds Banking Group plc a buy?

For income investors, the answer looks like a yes as Lloyds’ current dividend yield of 3.83% slightly outpaces the FTSE 100 average of 3.81% as of December 2017. Looking ahead, there is room to be confident that the bank’s yield will only rise in 2018 as its capital position looks sound with a …

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UK stocks open 0.1% lower

StockMarketWire.com – UK stocks opened modertaly lower on Monday, shrugging off a positive lead from Wall St on Friday as the pound strengthened against the dollar. At 0857, the benchmark FTSE 100 index was down 6.06 points, or 0.1%, at 7,772.58. Compa…

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*Pound Weakens To 151.93 Versus Yen

Pound Weakens To 151.93 Versus Yen

The material has been provided by InstaForex Company – www.instaforex.com

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Daily Forex News and Analysis — January 15th 2018

US stocks traded higher after the close on Friday. The Dow Jones rose by 0.89%, the S&P 500 by 0.67%, and the NASDAQ added 0.68% to its value. The US dollar traded lower against a basket of major currencies on Friday, weighed by a surge in the euro and sterling, while upbeat US economic data failed to lift sentiment. Gold rose on Friday, closing at $1,340 an ounce. Crude Oil rose as signs of growing US production were offset […]

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LONDON MARKET OPEN: Lower Open As Carillion Collapse Knocks Sentiment

LONDON (Alliance News) – The FTSE 100 early Monday had pulled back slightly from last week’s gains following news of the collapse of former FTSE … meetings to discuss its proposed takeover of engineering firm GKN, which itself was up 2.7% in early trade and the best performer in the FTSE 100.

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Turkey Jobless Rate Falls In October

Turkey’s unemployment rate decreased in October after remaining stable in the previous month, figures from the Turkish Statistical Institute showed Monday.

The unemployment rate dropped to 10.3 percent in October from 10.6 percent in September.

In …

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RBS share price: Group told to drop Scotland from name

The stock outperformed the broader London market, with the UK benchmark FTSE 100 index adding 15.70 points to end the session 0.20 percent higher. The group’s shares have added more than 38 percent to their value over the past year, as compared with more than a six-percent rise in the blue-chip …

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2 stocks I’d own during a 2018 market correction

It goes without saying that these are exactly the sort of products that consumers need to buy whether the FTSE 100 is at 8,000 or 4,000. Add in a new generation of drugs that are just coming to market, and GSK’s management team has a slew of products in its portfolio that are always in high demand.

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Carillion falls into compulsory liquidation after talks collapse

Rival outsourcers can be expected to benefit in the coming weeks as Carillion’s contracts are retendered, and among the gainers on the FTSE 100 on Monday morning were Capita, a rival government contractor, whose shares climbed more than 3%, and GKN, the engineering group, which climbed …

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Rolls-Royce eyes L’Orange sale

The FTSE 100 company said on Monday the review of its ownership of L’Orange would have no impact on Rolls-Royce’s power systems business. It said a further announcement would be made “as appropriate”. L’Orange, based in Stuttgart in Germany, provides fuel injection systems for diesel, engines …

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FTSE 100: Carillion sets the tone for a miserable Monday on the markets

The FTSE 100 opened down 14 points at 7,764.54, but there was no doubt whatsoever of the day’s big story – the compulsory liquidation of government contractor Carillion (LON:CLLN) after last ditch talks failed over the weekend. Expect a massive political backlash over the implosion of a company that …

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TOP NEWS: Ferguson Sees US Tax Reform Gain But No Material One-Off

The FTSE 100 building materials distribution company – which recently changed its name from Wolseley PLC to reflect its increasing US focus – said the US Tax Cuts & Jobs Act enacted in December “gives rise to a beneficial impact on the group’s after tax earnings”. The tax changes took effect from the …

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Norway Trade Surplus Rises In December

Norway’s foreign trade surplus increased in December from a year ago, as exports grew faster than imports, preliminary figures from Statistics Norway showed Monday.

The trade surplus climbed to NOK 24.7 billion in December from NOK 22.9 billion in th…

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Ferguson welcomes US tax changes

The distributor of plumbing and heating products expects an effective US tax rate of 25% for the current year ending July 31, down from previous guidance of 28%, with the recent enactment of the Tax Cuts and Jobs Act in December. That comes as especial…

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Australian Dollar Climbs Amid Rising Risk Appetite

The Australian dollar strengthened against its major counterparts in the Asian session on Monday amid rising risk appetite, as most Asian stocks rose following record highs from the Wall Street on Friday, with a weaker U.S. dollar and higher commoditi…

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LONDON MARKET PRE-OPEN: Carillion Enters Liquidation After Talks Fail

LONDON (Alliance News) – Shares in London are called to open slightly higher on Monday, the FTSE 100 index set to build on last week’s gains and following on from a strong session in the US on Friday. IG says futures indicate the FTSE 100 index of large-caps to open 3.46 points higher at 7,782.10 …

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Rolls-Royce confirms L’Orange arm could be up for sale

(ShareCast News) – Rolls-Royce has confirmed that it is mulling a potential sale of its L’Orange fuel-injection business, after reports the engine maker was looking for around $700m ( 510m). The FTSE 100 company said on Monday that it was “reviewing its strategic options” for the Stuttgart-based arm, …

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LIVE MARKETS-European stocks futures nudge higher

Financial spreadbetters see European shares rising broadly, with Germany’s DAX expected to gain 36 points, Britain’s FTSE 100 to climb 10 points and France’s CAC up 9 points. Equity markets marched higher overnight in Asia, with China’s blue chip stocks hitting a 30-month high, while Wall St ended …

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FTSE 100 preview: Index looking up after record US close

IG’s opening calls suggest that the FTSE 100 will open 0.09 percent higher at 7,786 points. In the absence of major macroeconomic releases this morning, the Footsie is likely to take cues from the US, where shares rose to record highs on Friday on the back of strong corporate results. “There is optimism …

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LONDON MARKET EARLY CALL: Higher Call With Carillion’s Future In Focus

LONDON (Alliance News) – Stock prices in London are called to open higher on Monday, building on last week’s gains and following on from a strong session in the US on Friday. IG says futures indicate the FTSE 100 index of large-caps to open 6.26 points higher at 7,784.90 on Monday. The FTSE 100 …

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