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April 19, 2021
BT shares in holding pattern as breakaway European Super League threatens to devalue broadcast deals Twelve ‘founding’ clubs this weekend inked a proposal to set up a new 20-team European Super League to usurp the existing UEFA Champions Leage. image credit: kivnl / Shutterstock BT Group PLC (LON:BT.A) shares are in a holding pattern in Monday’s early deals as a proposed breakaway European Super League leaves the telecoms and TV bundler exposed. Scant specifics are yet known a...
April 19, 2021
The group has also secured a long-term supply of raw materials with Nornickel and SQM Johnson Matthey PLC (LON:JMAT) has teamed up with Finlands state mining company to develop a commercial battery materials plant in the Nordic country. The chemicals group said it has also secured a long-term supply of raw materials for battery materials production, with agreements clinched with Nornickel for nickel and cobalt and SQM for lithium. The FTSE 100 firm, which has been pushing into new markets to...
April 19, 2021
FTSE 100 makes subdued start; Melrose buoyed by disposal news Companies Follow Ian on: The index of UK blue-chips advanced just 13 points higher to 7,032.81 The FTSE 100 faced the same quandary as Harry Maguire nearing the 18-yard box A little like Harry Maguire bombing with the ball towards the opposition’s 18-yard box, the FTSE 100 found itself in nose-bleed territory. The instinct among London’s trading fraternity was to stop and look for support – much as the Man U de...
April 19, 2021
Aviva is better placed than rival L&G, which UBS rates as a sell. Aviva boss - Amanda Blanc All of the good news is in the price for Aviva PLC (LON:AV.) or for now at least says UBS, which has downgraded to hold from buy even though its target price rises. Restructuring following the sales of its overseas businesses is now in the price, says the Swiss broker, and the focus now switches to operational improvements. To achieve that will require a shift in business mix, in UBS’s view...
February 24, 2021
The business owns 82,000 towers across 10 European countries
February 23, 2021
Standard Life Aberdeen is clearly focusing on asset management while Phoenix is happy to grab a brand with a heritage dating back around 200 years
February 23, 2021
Comments from the Tesla boss that prices of the cryptocurrency "do seem high" sent Bitcoin tumbling and sparked a domino effect that also hit shares in...
February 23, 2021
The Allied Universal offer values G4S at approximately £3.8bn.
February 23, 2021
Cost of risk is expected to fall leading to profit upgrades
February 23, 2021
Brokers have selected recovery stocks expected to benefit from the easing of restrictions