Tesco shares: Reasons to be cheerful June 18, 2019 | City Talk Early selling following this Q1 update attracted bargain hunters. Our head of markets explains why. Tesco (LSE:TSCO) recovery from the dark days of having taken its eye off the ball in the UK continues apace. The radical overhaul which the business has undergone has seen Tesco’s shares rise by 50% over the last three years. More [...]
Which stocks are in the dividend danger-zone? June 18, 2019 Dividends are one of the perks of the stock markets. While investors can opt to take dividends as cash, reinvesting them can have a powerful impact on your portfolio. According to analysis from Fidelity, if you’d invested £100 a month in the FTSE All Share index over the past 30 years and reinvested all of [...]
Beware the rising threat of ‘onlyness’ in the office June 18, 2019 Countless times at work, I’ve thought to myself “is it just me?”, “am I invisible?”, or “surely that’s not right?”. And I’m not the only one who has wanted to raise a concern in the office but didn’t – in fact, there are millions of us in the same boat. Rungway’s market research recently found [...]
The business case for the Cannes Lions Festival of Creativity June 17, 2019 It’s that time of the year again, when some of us in the advertising industry like to start grumbling about the Cannes Lions International Festival of Creativity, which begins today. Too big. Too busy. Too expensive. Our industry’s most prestigious awards and stage seems to be a topic of endless conversations and controversy. A couple [...]
Tesla boss Elon Musk rebrands on Twitter as Daddy Dotcom June 17, 2019 Silicon Valley billionaire Elon Musk yesterday said he had deleted his Twitter account, changing his handle on the social networking site to Daddy Dotcom. The change in name may be a reference to Father’s Day yesterday. Tesla boss Musk has previously changed his Twitter name, dubbing himself Elon Tusk and adding a picture of an [...]
Women in Financial Trading June 17, 2019 | Sponsored Finance has always, at all levels, been a predominantly male populated field. But this is changing. As the equal opportunity mantra continues to inspire them, more and more women are joining the party, seeking to reap from the lucrative world that is financial trading. But why are women flocking to finance? The major catalyst, in [...]
Italy tussle overshadows euro’s birthday party June 17, 2019 | City Talk Europe’s single currency, the euro, is 20 years old, but any celebrations are likely to be muted. Its value against the dollar has been in steady decline for five years and it is now trading well below the level at which it was launched in January 1999. This may be good news for the eurozone’s [...]
US interest rates and gold: what’s next for global markets? June 17, 2019 | City Talk This week’s main focus across financial markets is likely to be the US interest rate decision on Wednesday evening (19:00 BST). There is unlikely to be any actual change to interest rates but, as usual, traders will be watching out for clues about the Federal Reserve’s sentiment on the state of the economy and future [...]
Goldman Sachs to combine private investing units June 17, 2019 Goldman Sachs is merging four separate units to create a $140bn private investing business, according to reports. The bank will combine units that invest in private companies, property and other hard-to-access deals, the Wall Street Journal reported. Read more: Saga shares rise as it partners with Goldman Sachs to offer savings products Goldman Sachs’ existing [...]
Patient Capital shares fall as Woodford troubles deepen June 17, 2019 Shares in Neil Woodford’s investment trust fell more than six per cent this morning after it was revealed that it sacked its advisor in a row over risky investment valuations. Woodford Patient Capital’s stock dropped this morning following reports that the listed trust sacked Duff & Phelps last year. Read more: Hargreaves Lansdown raised concerns [...]
