Page 16 - Big Caps News Today

Portugal is talking to the European Commission about how it can safely allow travel

Premier League TV deal may keep the wolves from the door but Sky and BT Group Plc’s bundle model is facing existential threat As Sky and BT roll over their Premier League deals the online streamers are lurking with intent. Sky and BT Group PLC’s (LON:BT.A) behind closed doors deal for Premier League broadcast rights signals strongly one thing, time is running out for their telecoms-and-TV bundling business models. Moreover, for customers there’s even a faint hope that the days of £75 per...

Prudential shares dive as Jackson Life demerger is delayed "The US demerger will complete Prudentials structural transformation into a business solely focused on the growth opportunities of Asia and Africa" Prudential PLC (LON:PRU) said it now expects the demerger of its US arm Jackson Life to take place later this year than previously anticipated. The insurance giant had been targeting a demerger in the second quarter of this year but now says the separation will take place in the second half ...

Scottish Mortgage says investment opportunities are likely to remain plentiful "If the last year has taught us anything, it is that the world is uncertain but that we can endure and businesses can flourish in the most challenging of circumstances” Scottish Mortgage Investment Trust PLC (LON:SMIT) said the financial year just ended saw the trust produce the strongest ever annual return for shareholders. Net asset value (NAV) per ordinary share at the end of March 2021 had risen 111% to 1,195.1...

The analysts see “limited evidence of interest” for a BT Sport sale BT’s share price has rebounded after what was a reasonable initial reaction to the telecoms group’s dividend cut and capex raise last May, plus an unreasonable inclusion of telecoms companies in the wider FTSE sell-off last year. The recovery since then was “a logical reversal of fortunes”, Deutsche analysts said, but they are “increasingly concerned” about the recent enthusiasm about the government’s planned ...

BT puts itself on a high fibre diet Has BT turned a corner? A more sensible dividend policy, a willingness to seek partners in its Openreach business and progress on the pension deficit are all causes for optimism. Turning a corner? If BT Group PLC (LON:BT.A) ever contemplates one of those trendy name changes, False Dawn PLC might be a good choice. With today’s flurry of announcements, however, there is a sense that the heavily indebted telecoms giant might be about to turn a corn...

Hargreaves Lansdown enjoys record ISA season as share dealing boom continues “We have also continued to see significantly elevated levels of client engagement throughout the period, with a 150% increase in the number of people logging into their accounts, particularly via the mobile app,” said boss Chris Hill Hargreaves Lansdown PLC (LON:HL.) attracted record levels of new business in the first four months of 2021, with record ISA subscriptions and record share dealing volumes. The UK’s l...

Bitcoin crashes as Tesla suspends payments over climate concerns In a statement posted to Twitter overnight, the electric car makers billionaire boss Elon Musk said that the firm was “concerned about rapidly increasing use of fossil fuels for Bitcoin mining transactions" The Bitcoin price tumbled by more than 10% on Thursday after Tesla Inc (NASDAQ:TSLA) boss Elon Musk said the electric car maker will stop accepting payments in the cryptocurrency amid concerns over its impact on global carbon...

Searching for the next Tesla among the FTSE 100 companies using Scottish Mortgages investment strategy The UK is not known for its technology stocks, but there is one in the FTSE 100 that SMTs investment manager, Baillie Gifford, likes the look of. If you want to know what SMT is investing in, start watching re-runs of the Jetsons The investment manager’s report in today’s results statement from Scottish Mortgage Investment Trust PLC (LON:SMT) provides some useful insight into t...

Investors will obviously look to the performance of Disney+ and the reopening of the theme parks, but some cheeky dividend news will also be well received