Rio Tinto announces $3.2bn share buyback after sale of Australian coal mines September 20, 2018 Mining giant Rio Tinto has announced a $3.2bn (£2.4bn) share buyback programme following its sales of Australian coal assets. The miner's London share price rose more than two per cent following the announcement and its listing on the Australian Securities Exchange climbed 3.5 per cent. The world's third largest mining company said it would conduct an [...]
Global league table of ‘caring’ investors: Americans more focused on sustainability than Europeans September 20, 2018 | City Talk The US is the only developed country to make the top 10 of a sustainable investment league table that gauges consumer habits and investing actions. Countries in the developing world dominated the top ten while European countries occupied the middle and lower half of the league table. The results of the Schroders Global Investor Study [...]
Aston Martin confirms London IPO could drive valuation to over £5bn September 20, 2018 Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]
Aston Martin confirms London IPO could drive valuation to over £5bn September 20, 2018 Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]
Investors think UK will remain attractive as an investment destination post-Brexit September 19, 2018 Investors think the UK will remain as attractive as an investment destination post-Brexit as it was before the referendum on EU membership. Eighty eight per cent of respondents to a survey of business executives said the UK remains at least as attractive as it was in spring 2016, while 32 per cent say it is [...]
Investors think UK will remain attractive as an investment destination post-Brexit September 19, 2018 Investors think the UK will remain as attractive as an investment destination post-Brexit as it was before the referendum on EU membership. Eighty eight per cent of respondents to a survey of business executives said the UK remains at least as attractive as it was in spring 2016, while 32 per cent say it is [...]
Invest like a Premier League football manager – are you conservative, an explorer or a pioneer? September 19, 2018 More than a month into the Premier League season, which began on 10 August, the beautiful game is continuing to surprise us. Managers are feeling the pressure to prove that their investment decisions were right during the transfer window, with both big spenders and low expenditure clubs under the spotlight. And these investment decisions [...]
Invest like a Premier League football manager – are you conservative, an explorer or a pioneer? September 19, 2018 More than a month into the Premier League season, which began on 10 August, the beautiful game is continuing to surprise us. Managers are feeling the pressure to prove that their investment decisions were right during the transfer window, with both big spenders and low expenditure clubs under the spotlight. And these investment decisions [...]
Kingfisher hurt by French unit again September 19, 2018 | City Talk Kingfish posted a 14.7% fall in first-half pre-tax profit to £375 million, while analysts were anticipating £386 million. The French business was the underperformer of the group, while the British and Polish operations performed well. Gross margin dropped by 40 basis points due to logistics and stock inefficacies largely in France. The group revealed a [...]
Kingfisher hurt by French unit again September 19, 2018 | City Talk Kingfish posted a 14.7% fall in first-half pre-tax profit to £375 million, while analysts were anticipating £386 million. The French business was the underperformer of the group, while the British and Polish operations performed well. Gross margin dropped by 40 basis points due to logistics and stock inefficacies largely in France. The group revealed a [...]