Having helped lead the way yesterday, Banks are today’s index millstone after disappointing Q4/FY results from heavyweight HSBC (-6.1%) spooked investors in sector peers ahead of report cards this week expected to show profits progress for Lloyds and Barclays to keep their shares in post-Brexit uptrends, but RBS still struggling with legacy issues. Profits for…
Macro observations With another week comes another debate, as Sterling is set to to take yet another ride on the Brexit rollercoaster. This week, the latest hurdle to face the UK’s exit from the European Union is the House of Lords, with the upper house of Parliament beginning its review of the Article 50 bill…
We are blessed with a whirlwind of exciting M&A news at the moment. At the risk of being a party pooper, however, I have reservations about the latest between Kraft-Heinz and Unilever. Yes the latter has rejected a merger offer, but that’s par for the course in takeover negotiations. Rarely is a first approach accepted….
A merger or takeover bid from out of the blue is the dream for every retail investor. One of your holdings, that you have backed for a long time, is the subject of a bid from a larger rival or a foreign entity, maybe even a young upstart looking to become a big-league name. The shares of…
17 Feb This is Money Mike van Dulken, at Accendo Markets, said: ‘The final session of the week comes after a mixed close on Wall street as the Trump trade appeared to lose steam heading into a long weekend following a record run and rather lively presidential press conference. ‘This morphed into a down day…
UK Parliament’s February recess this week has provided something of a rarity since June of last year – a week with very little mention of Brexit arising in both research releases and the media. The lack of chatter may come as welcome relief for those that are already sick of the subject, even before we reach the triggering…