… Asia Pacific equities tracked Wall Street higher with Japan’s Topix up 1.4 per while Australia’s S&P/ASX 200 and Hong Kong’s Hang Seng both rose 0.7 per cent. As to what to expect later in the day from European and US markets, futures tip both the FTSE 100 and S&P 500 to open 0.2 per cent higher.
The head of the UK’s Infrastructure Commission says mobile phone and broadband coverage is deplorable.
The US Dollar is looking to Congress for a lifeline as a Republican-backed tax cut initiative looks to have enough votes for passage. Can it manage a lasting recovery?
The Daily Telegraph: The boss of wealth management giant St James’s Place (SJP) is to be named the chairman of horse racing-focused Weatherbys Bank as he prepares to step down from the FTSE 100 group. The Guardian: Amazon could face an investigation by the Advertising Standards Authority …
(RTTNews.com) – Indian shares look set to open higher on Monday as investors await the outcome of elections in Gujarat and Himachal Pradesh. Early trends suggest that the BJP is leading in both states. Besides the verdict of state elections, sentiment …
While the French CAC 40 Index edged down by 0.2 percent, the German DAX Index rose by 0.3 percent and the U.K.’s FTSE 100 Index climbed by 0.6 percent. Crude oil futures rose Friday, trimming modest weekly losses after a warning on the global oil glut. January WTI oil rose $0.26 or 0.5 percent to …
IMAX’s Richard Gelfond says firms shouldn’t try and change the world with new technology, but make it fit the market.
Ilse Valfre’s quirky fashion designs have attracted famous fans, but she’s had to overcome many challenges.
Bids for the latest round of Premier League football television rights to be submitted on Friday for three seasons from 2019 to 2022.
The Chicago-based CME exchange begins Bitcoin trading for investors, as the price surges again.
The IPPR proposes a post-Brexit trade deal based on the UK and the EU sharing each other’s markets.
Good morning!
Thanks for your suggestions, I will work my way through them.
Cheers,
Graham
(Please note that I own shares in IGG)
IG Group (LON:IGG)
Share price: 671.25p (-8%)No. of shares: 367 millionMarket cap: £2,464 millionResponse to FCA and ESMA announcements
It was a slightly unpleasant start to the day for me, as an unsettling RNS was released by one of my holdings, IG Group (LON:IGG).
Many of you will probably be clients of IG, perhaps for many years. It is the biggest spread betting operator in the UK.
The market cap is a lot bigger than we normally permit here, but I’m happy to make an exception.
IG’s smaller rival, CMC Markets (LON:CMCX), also made an announcement. Its shares are down 12% for a market cap of £424 million. So I will discuss both in what follows.
Regulatory attack
It has been known for some time that new rules may be enforced on retail traders of leveraged products in Europe and the UK.
The FCA published a consultation paper a year ago, receiving an avalanche of feedback in response,…
Good morning,This is the placeholder, for your comments.RegardsGraham
Good morning!
Thanks for your suggestions, I will work my way through them.
Cheers,
Graham
(Please note that I own shares in IGG)
IG Group (LON:IGG)
Share price: 671.25p (-8%)No. of shares: 367 millionMarket cap: £2,464 millionResponse to FCA and ES…
Good morning!
Thanks for your suggestions, I will work my way through them.
Cheers,
Graham
(Please note that I own shares in IGG)
IG Group (LON:IGG)
Share price: 671.25p (-8%)No. of shares: 367 millionMarket cap: £2,464 millionResponse to FCA and ESMA announcements
It was a slightly unpleasant start to the day for me, as an unsettling RNS was released by one of my holdings, IG Group (LON:IGG).
Many of you will probably be clients of IG, perhaps for many years. It is the biggest spread betting operator in the UK.
The market cap is a lot bigger than we normally permit here, but I’m happy to make an exception.
IG’s smaller rival, CMC Markets (LON:CMCX), also made an announcement. Its shares are down 12% for a market cap of £424 million. So I will discuss both in what follows.
Regulatory attack
It has been known for some time that new rules may be enforced on retail traders of leveraged products in Europe and the UK.
The FCA published a consultation paper a year ago, receiving an avalanche of feedback in response,…
Good morning!
Thanks for your suggestions, I will work my way through them.
Cheers,
Graham
(Please note that I own shares in IGG)
IG Group (LON:IGG)
Share price: 671.25p (-8%)No. of shares: 367 millionMarket cap: £2,464 millionResponse to FCA and ESMA announcements
It was a slightly unpleasant start to the day for me, as an unsettling RNS was released by one of my holdings, IG Group (LON:IGG).
Many of you will probably be clients of IG, perhaps for many years. It is the biggest spread betting operator in the UK.
The market cap is a lot bigger than we normally permit here, but I’m happy to make an exception.
IG’s smaller rival, CMC Markets (LON:CMCX), also made an announcement. Its shares are down 12% for a market cap of £424 million. So I will discuss both in what follows.
Regulatory attack
It has been known for some time that new rules may be enforced on retail traders of leveraged products in Europe and the UK.
The FCA published a consultation paper a year ago, receiving an avalanche of feedback in response,…
Signs that the ECB’s normalization process is underway may be good long-term, but for now, saturated net-long positioning in the futures market may be a handicap for the Euro.
For most experts, it is a matter of when, not if, bitcoin’s price will crash. And what happens to the economy when it does?
The government of Venezuela and its state-owned oil company (PDVSA) said they began to transfer interest payments related to the company’s 2021, 2024, 2026 and 2035 Bonds. The deadline for those payments is Sunday.
Also, the oil company called on all…
The unemployment rate in Peru rose to 4.2% between August and October, a subtle increase from the previous quarter when the jobless level was at 4.0%, said the South American country’s statistics office. In the last two quarters, the jobless rate in P…
Peruvian President Pedro Pablo Kuczynski said he would not resign amid pressure from the Congress, controlled by the opposition, after the discovery of payments received from Brazilian construction company Odebrecht – which is being investigated for b…
THE boss of wealth management giant St James’s Place (SJP) is to be named the chairman of horse racing-focused Weatherbys Bank as he prepares to step down from the FTSE 100 group. David Bellamy, who joined SJP in 1991 and has been in charge of the £85bn business for over a decade, is to …
The FTSE 100 edged up 0.57 per cent to 7,490.57, closing the week up 1.2 per cent, having hit its highest level in a month on Wednesday. It reversed earlier losses as the pound fell, delivering a boost to foreign-exposed companies. Oil majors Shell and…
Among 10 analysts covering Saga (LON:SAGA), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Saga had 100 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Saga plc (LON:SAGA) has “Hold” rating given on Friday, September 30 by Canaccord Genuity.
Uk which released: “Why Saga plc is a dirt-cheap FTSE 100 stock that could make you rich” on December 13, 2017. Also Fool.Co.Uk published the news titled: “Directors at Saga plc keep buying — should you join them?” on December 17, 2017. Fool.Co.Uk’s news article titled: “Why I’d avoid Saga plc …
Among 10 analysts covering Saga (LON:SAGA), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Saga had 100 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Monday, January 23 by Peel Hunt. …
It is the second biggest grossing opening weekend in North America.
Ryanair pilots in Ireland join other unions in Europe and suspend strike planned for Wednesday
Diane Abbott says Labour would make migration “less bureaucratic” after Brexit.
The tiny devices are designed to evade prison body scanners, the justice secretary says.
