Why is the Hargreaves Lansdown share price sinking?
More on: Image source: Getty Images.
FTSE 100 shares continue to struggle for grip (broadly speaking) in Thursday business. Concerns over soaring inflation and consequently what measures central banks might take to curb price rises has spooked investors of late. But the
Hargreaves Lansdown (LSE: HL) share price has really taken a pasting.
As I type the financial services giant is down 5% at £16.80 per share. This makes it the third-worst performing FTSE 100 share today (below
Burberry and
BT).
US$12.3 TRILLION out of thin air…
And if you click here we’ll show you something that could be key to unlocking 5G’s full potential.
US$12.3 TRILLION out of thin air…
And if you click here we’ll show you something that could be key to unlocking 5G’s full potential.
In the second half of the year, however, sales bounced back by 8%. The fourth quarter was particularly good with comparable store sales almost returning to the levels seen in FY19. This was despite 16% of Burberry’s estate remaining closed. Full-price sales were also 63% higher than over the same three-month period in the previous year as a result of decent trading in China, Korea and the US.
All this leaves revenue down 10% (£2.34bn) for the year to 27 March. That’s really not too bad considering the challenges the firm has had to face. What’s more, full-price comparable store sales rose 7% as a result of an “
My stock market crash plan Image source: Getty Images
Markets have been frenetic this week. Many investors feel increasingly jittery about share price movements. Nobody knows how the stock market will perform in future. But I do have a plan for how to react to a stock market crash, whenever it might happen.
Here are the key elements of my crash plan.
US$12.3 TRILLION out of thin air…
And if you click here we’ll show you something that could be key to unlocking 5G’s full potential.
Be prepared
If a stock market crash comes, I may want to invest more money. But the window for action can be short. In March last year, for example, many shares crashed but started to recover within days. I was eyeing
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Petra s $6m Human Rights Settlement May 13, 21 by
Petra Diamonds announced yesterday that it had agreed a $6m settlement over alleged human rights breaches at its Williamson mine, in Tanzania.
The UK-listed miner made no admission of liability, but its own investigation concluded that the security teams it employed to protect the sprawling of 30km2 kimberlite resource from illegal miners had been responsible for some deaths a
nd many injuries.
A sub-committee of independent Petra non-executive directors carried out its own investigation a
nd found that there were 12 confirmed deaths of illegal diggers, with the likely deaths of four others. The available evidence is that of the 12, some were killed by Zenith Security personnel (the third party organization tasked with securing the mine) and at least one by the Tanzanian Police Force, all during violent confrontations .