FTSE dividend payments to hit record £94bn next year and yields boosted by market drop December 13, 2018 FTSE 100 dividend payments could hit record highs of £94bn next year while falling markets have increased yields, tempting investors and keeping the index stable amid political uncertainty. A difficult autumn for the markets with shares falling has seen the forecast dividend yield for the blue chip index rise to 4.9 per cent for 2019, [...]
IEA: Opec cuts hit the spot as oil set to stabilise at $60 per barrel December 13, 2018 A cut in output from oil-producing cartel Opec will hit the spot as oil prices look set to stabilise at a floor of around $60 per barrel after a volatile year, the International Energy Agency said today. Prices hit a year high of $86 in early October as investors feared supplies would drop as the US [...]
Three reasons to diversify in the hunt for equity income December 13, 2018 | City Talk Obtaining additional income is the primary goal for many investors, yet achieving it can be hard. Here we look at three ways diversification can potentially bring wider opportunities for income-seekers who invest in shares: Relying on just a few stocks for income can be risky – they may cut their dividends or the share price [...]
Shares in G4S jump as its says it is considering spinning off cash division December 13, 2018 Shares in security company G4S spiked this morning after the company said it was considering spinning off its armoured cash truck business. Shares rose nearly 10 per cent to 201p this morning following the news. The company said it is "reviewing options" for the separation of its cash solutions business, following the establishment of a [...]
Opec forecasts fall in demand days after cutting output by 1.2m barrels December 12, 2018 Opec yesterday slashed oil demand projections, saying that the global appetite for its oil would fall to 31.44m barrels per day next year, 100,000 less than previous estimates. The oil producers cartel last week cut output in response to a glut in global supply which had forced prices down. However, the organisation said yesterday it [...]
Hedge fund makes hefty bets against London Stock Exchange and Deutsche Boerse December 12, 2018 Hedge fund Merian has taken a £70m bet against the London Stock Exchange amid uncertainty over the future of derivative contracts in the event of a no-deal Brexit. Merian Global Investors – one of the most active short sellers in the UK and EU – opened a 0.5 per cent short position on LSE last [...]
Pound surges as support for Theresa May grows ahead of no confidence vote December 12, 2018 The FTSE 100 and the pound have both climbed this afternoon as support grows for Theresa May ahead of tonight's no confidence vote. The blue chip index has risen one per cent today from initial lows in early trading when it was confirmed the required 48 letters had been sent to the Conservative backbench 1922 [...]
Why investors should be wary of star managers December 12, 2018 For a long time, it seemed like Neil Woodford could do no wrong. That was until 2017, when the UK’s best known fund manager seemed to lose his magic touch – and since then, the returns from his three popular funds have been struggling. His flagship Woodford Equity Income fund has lost investors almost 10 [...]
Thomas Cook’s shares rebound after senior executive says bookings for 2019 have started strongly December 12, 2018 Thomas Cook’s share price jumped more than 15 per cent this morning after a senior executive said bookings for 2019 had started strongly. The travel company has experienced severe turbulence this year, warning on profits twice as the hot summer hit holiday bookings. Its share price has taken a battering, falling from 117p this time [...]
FTSE 100 and sterling climb on Brexit delay possibility and US-China trade tensions easing December 12, 2018 The FTSE 100 is up one per cent today despite blue-on-blue infighting in the Tory party seeing Prime Minister Theresa May face a threat of a no confidence vote this evening. Conservatives will vote in a secret ballot tonight on whether they wish May to remain leader or whether she should stand down, after she [...]
