This week saw taxpayer-rescued Royal Bank of Scotland (RBS) pay the UK treasury a whopping £1.2bn. Why? To allow it to restart paying dividends. Great news for shareholders, especially with peer Lloyds (LLOY) having just resumed its own payments. Nothing has been payable on RBS shares since early 2008, much to the discontent of long-term holders, so…
Marketwatch – 24 Mar http://www.marketwatch.com/story/us-stocks-set-to-break-five-week-winning-streak-as-dow-futures-fall-150-points-2016-03-24?mod=mw_share_twitter Telegraph – 24 Mar http://www.telegraph.co.uk/business/2016/03/24/UK Index -falters-as-dollar-strength-hurts-commodity-stocks/ Guardian – 24 Mar http://www.theguardian.com/business/live/2016/mar/24/markets-fears-stronger-dollar-china-UK Index -next-business-live Le Figaro – 24 Mar http://www.lefigaro.fr/flash-eco/2016/03/24/97002-20160324FILWWW00061-la-bourse-de-londres-en-nette-baisse.php Digital Look – 24 Mar http://www.digitallook.com/news/news-and-announcements/next-warns-this-year-could-be-toughest-since-2008–1090399.html Reuters – 24 Mar http://uk.reuters.com/article/europe-stocks-idUKL5N16W1GC Nasdaq – 24 Mar http://www.nasdaq.com/article/market-snapshot-us-stocks-set-to-break-fiveweek-winning-streak-as-dow-futures-fall-150-points-20160324-00123 This is Money – 24 Mar http://www.thisismoney.co.uk/money/markets/article-3507412/Next-warns-current-year-worst-recession-despite-posting-healthy-rise-annual-profit.html This is Money – 23 Mar http://www.thisismoney.co.uk/money/markets/article-3505974/No-tears-Worst-Cheltenham-results-recent-history-prompt-UK-s-largest-bookie-William-Hill-warn-profits.html…
Shareholders are crying ‘Next!’ this morning as they seek out alternative investment candidates. This comes after the high-street retailer delivered a surprisingly downbeat outlook easily outweighing what was otherwise a slight beat for 2015 annual results. Saying you expect FY16 to be ‘challenging year’ on account of ‘much uncertainty in the global economy’, potentially the’…
It isn’t a good day for the UK-listed bookies. William Hill (WMH) is firmly gripping the wooden spoon after a weak Q1 trading update which is dragging on peers Ladbrokes (LAD) and UK 100 newcomer Paddy Power Betfair (PPB). Not something shareholders ever like to hear, LAD has cut revenue and profits guidance (a.k.a, issued…
Firstly, our thoughts are with the victims of the Brussels attacks and their families at this sad time. It’s not easy to sit down at your desk at 7am to be greeted by the word ‘explosions.’ Neither is it long since last year’s terror attacks in Paris. We were somewhat surprised back then when stock…
News of multiple explosions in Brussels this morning, two at its main Zaventem international airport and now more on the city’s metro network, have rocked financial markets. No surprise to see European airlines and Travel shares being offloaded while Gold and the Yen benefit from fresh safehaven seeking. Investors will be fearful of the knock-on…