FTSE 100 higher into lunchtime; British Steel falls into administration
The UK’s second largest steelmaker had been attempting to obtain a £30mln rescue package from the government, however the funding was deemed …
Stock Markets News
FTSE 100 face potential £100bn balance sheet shock
The negative impact of pension scheme accounting standard changes on FTSE 100 companies’ balance sheets could be twice as bad as anticipated.
Why bother tracking the FTSE 100 index?
The FTSE 100 has grown the buying power of your money over the last decade as stock markets in general have rebounded from the financial crisis.
FTSE 100 pensions schemes face £100bn hit
On the go: Impending accounting standards changes could hit FTSE 100 pension schemes by up to £100bn with more than a quarter being hit to the …
SSE isn’t the only cheap FTSE 100 dividend stock I’d buy for my Stocks and Shares ISA today
The annual results released by SSE (LSE: SSE) on Wednesday highlighted the challenges that the company has experienced over the period.
FTSE 100 gains on weaker pound
The exporter-heavy FTSE 100 index gained on the back of a weaker pound on Wednesday as lawmakers signaled they would not back Prime Minister …
Pret to boost veg appeal with Eat deal
Pret a Manger is buying food chain Eat to “turbo-charge” its Veggie Pret chain.
Long/short Equity Mutual Fund Performance Update [PREMIUM]
How well have long/short equity mutual funds done in recent years? In their April 2019 paper entitled “Hedge Funds Versus Hedged Mutual Funds: An Examination of Long/Short Funds; A Performance Update”, David McCarthy and Brian Wong present …
Marks and Spencer store closures: M&S reveal revival plans with huge posh food halls
… the company cut dividend payouts to shareholders by 40 percent back in February 2019 and it has been flirting with relegation from the FTSE100 …
3 Bullish Charts for Building and Construction Stocks
Bullish chart patterns and strong fundamentals suggest the building and construction sector is the one to watch.
TOP NEWS: Ferguson Appoints Ashtead Boss Geoff Drabble As Chair-Elect
LONDON (Alliance News) – FTSE 100-listed building materials distribution company Ferguson PLC said Wednesday it had appointed the boss of …
Huawei: ARM memo tells staff to stop working with China’s tech giant
Chinese company is dealt an “insurmountable” blow as chip designer says it must comply with US trade ban.
British Steel insolvency endangers 5,000 jobs
British Steel enters compulsory liquidation, threatening 5,000 jobs directly and 20,000 more indirectly.
Markets Shrug Off May’s Brexit Offer
The pound quickly reversed its initial jump and was down 0.3% as of 8:41 a.m. in London, helping the overseas-oriented FTSE 100 outshine Europe …
EE to launch UK’s first 5G service in May
EE will be first to market with 5G in the UK in six of the country’s major cities.
FTSE 100 higher; UK inflation rises to 2.1% in April
The FTSE 100 rose ahead in early trade, boosted by a weaker pound ahead of UK inflation figures due later Wednesday, also taking its cue from Wall …
Energy bills push inflation to 2019 high
Consumer inflation was 2.1% in April, boosted by energy price rises and air fares.
Accounting standards change to hit FTSE 100 pension schemes
Impending accounting standards changes to IFRIC 14 and the limit on defined benefit asset rules could hit FTSE 100 pension schemes by up to …
Biggest IPO Wave in 5 Years Will Keep Rolling as New Stars Emerge
The slate of IPOs in May alone have already raked in $15 billion, marking the most raised in one month since September 2014.
Levels to watch: FTSE 100, DAX and S&P 500
The FTSE 100 has pushed back to 7360, which has held back progress over the past four sessions. Above this level, 7410 is a key level, being …
UPDATE 1-FTSE 100 gains on weaker pound, rights issue knocks M&S
FTSE 100 up 0.3%, FTSE 250 up 0.1%. * M&S slips after discounted offering. * Exporters top boost to main index. * Pets at Home jumps after upbeat …
10 lessons from from Charlie Munger’s Investing Principles Checklist
Charlie Munger, the highly respected investor and business partner of Warren Buffett, once said that “no wise pilot, no matter how great his talent and experience, fails to use his checklist.”
His point was that in aviation – as in any discipline – it’…
Bonds Signal up to 60% Chance of Recession, Major Pain for Stocks
The money market is anticipating a cut in the fed funds rate sometime in 2019, itself an indicator that recessionary risks are rising.
FTSE 100 opens higher ahead of inflation print; Marks & Spencer tops the losers’ list
The FTSE 100 rose ahead of inflation figures later Wednesday, taking its cue from Wall Street, which traded positively. The index of blue-chips opened …
Sterling slide boosts FTSE 100, discounted rights issue knocks M&S
May 22 (Reuters) – The exporter-heavy FTSE 100 index gained on the back of a weaker pound on Wednesday as lawmakers signalled they would not …
Forget buy-to-let! I’d buy and hold this FTSE 100 dividend hero
Once upon a time, purchasing a buy-to-let property was a no-brainer for many investors who wanted a steady return on their investments. Nowadays …
Record penalty for firm in gas supply failures
Cadent left some customers without supplies for more than five months and had no records for 775 tower blocks.
Boeing 737 Max: China’s top airlines seek compensation
China was the first country to ground the 737 Max in March after two fatal crashes involving the jets.
Small Cap Value Report (Tue 21 May 2019) – NEXS, ACSO, SHOE, MYSL, BMY
Good morning, it’s Paul here.
7-8am comments
Nexus Infrastructure (LON:NEXS)
Interim results – I’ll have a proper look at these later, below.
The group warned on profits on 29 Apr 2019, which I didn’t get round to looking at. So it’s been on my list…
M&S sales and profits fall amid shake-up
The retailer says it is making “good progress” as it pursues a programme of store closures.
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