Page 20 - Big Caps News Today

NatWest says HQ will shift to London if Scotland gets independence NatWest was acquired by Royal Bank of Scotland in 2000, which has had its headquarters in Edinburgh for almost 300 years. RBS HQ has been in Edinburgh for 294 years NatWest Group PLC (LON:NWG) said today that the bank would shift its HQ to London in the event Scotland votes for independence from the UK. Speaking to reporters after first-quarter results chief executive Alison Rose said that if Scotland did split away ...

The quarterly results from the ecommerce titan will be the first since its founder Jeff Bezos stepped back from the role of CEO

A bite of Apple to mark latest Big Tech earnings, Facebook opens its account books The iPhone maker and the social networking giant are due to report quarterly numbers after Wednesdays close on Wall Street The next round of earnings from Big Tech will kick off after Wall Street’s close on Wednesday as both Apple Inc (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB) deliver their quarterly results. Given Apple already announced a new suite of products on Tuesday, including new ranges of its iMac desk...

What’s the best way to play the copper market, now that prices have surged to new ten-year highs? Copper is often said to be the bellwether of the global economy It was interesting to see in a recent report from Goldman Sachs the comment, presented almost as an aside, that the major copper companies it was analysing had collectively outperformed the copper price by 34% over the past 12 months, in spite of the fact that copper itself had been on a tear. The comment lies at the basis of a truis...

The financials showed BP is back on track following last years volatility. BP PLC (LON:BP. shares moved higher in Tuesday’s early deals as its first quarter update left investors suitably impressed. In London, the shares gained 4.12p or 1.39% to change hands at 300.6p. The financial results and an operations update characterised by the company as “performing while transforming” showed a US$4.6bn profit which is a return to form in terms of year-on-year comparisons. However, it is marked...

Both companies are scheduled to report their numbers after Wall Streets close on Tuesday Google parent company Alphabet Inc (NASDAQ:GOOG) and Microsoft Corp (NASDAQ:MSFT) are expected to release quarterly earnings after the Wall Street close on Tuesday as the cycle of Big Tech earnings continues this week. For Alphabet, it will likely look to reassure investors that it won’t take too much of a hit from a possible global tax of tech giants proposed by US president Joe Biden. In terms of number...

Tesla: What are the issues for Elon Musks electric car company in todays Q1 earnings? “It remains the case that the chief bear thesis on the stock is that current valuations imply a massive market share gain from the traditional OEMs,” says one analyst Tesla Inc (NASDAQ:TSLA) will pop the trunk on quarterly earnings after markets close on Monday, pressing ignition on a week when it will be one of seven of Wall Street’s 10 largest companies coming to market, while 180 of the S&P 500 compan...

JP Morgan planning to roll out Bitcoin fund, reports Companies JP Morgan planning to roll out Bitcoin fund, reports The banking giant could unveil an actively managed fund in the cryptocurrency for its private wealth clients this summer, despite previous comments disparaging the digital coin from its boss Jamie Dimon JP Morgan Chase & Co (NYSE:JPM) is preparing to roll out a Bitcoin fund to certain clients, according to reports, in a move that will prove something of a volte-face for its boss J...

Former Lloyds Banking boss may have Mourinho-like decision to make at Credit Suisse The handsome Portugeezer - António Horta-Osório (not Jose Mourinho) - might be tempted to clean house when he takes over as chairman of Credit Suisse next month There is just over a week before former Lloyds Banking Group PLC (LON:LLOY) chief executive, António Horta-Osório, takes the chair at strife-torn Credit Suisse (CS). Given the rate at which the company is clumsily walking into buzz-saws, that leaves ...

FTSE 100 firmly in the red; COVID-19 infections fall significantly after single dose vaccines are rolled out, study shows Companies 08:29 Fri 23 Apr 2021 FTSE 100 firmly in the red; COVID-19 infections fall significantly after single dose vaccines are rolled out, study shows Londons index of big caps dropped 41 points to 6,896 FTSE 100 down 41 points COVID-19 infections fell by 65% after first dose of vaccine Bitcoin drops below US$50,000 1.30pm: COVID-19 infections fall significantly after si...