Will Aston Martin vanquish the doubters? September 21, 2018 | City Talk The auto sector has had a tough time of it recently with concerns over the implementation of tariffs on their products, as well as the bad publicity around emissions cheating and investigations into other cartel like behaviour weighing on the sector in recent months. Putting aside those concerns there are certain brands that have [...]
Sky’s final showdown September 21, 2018 | City Talk The battle for Sky will come to an end this weekend. Fox, which is controlled by the Murdochs and Comcast will have their final push to try and snatch the stock. Fox’s latest bid is 1,400p and Comcast’s is 1,475p. Since Fox’s offer is lower they will be given the first chance to put [...]
Sky’s final showdown September 21, 2018 | City Talk The battle for Sky will come to an end this weekend. Fox, which is controlled by the Murdochs and Comcast will have their final push to try and snatch the stock. Fox’s latest bid is 1,400p and Comcast’s is 1,475p. Since Fox’s offer is lower they will be given the first chance to put [...]
Trump slams Opec, urging oil cartel to ‘get prices down now’ September 20, 2018 Donald Trump has slammed the Opec and urged the cartel to “get prices down”, citing the protection the US provides for countries in the Middle East. Trump has urged Saudi Arabia to increase oil production in recent months to combat higher oil prices brought about by his own sanctions on Iran. He has also previously [...]
Trump slams Opec, urging oil cartel to ‘get prices down now’ September 20, 2018 Donald Trump has slammed the Opec and urged the cartel to “get prices down”, citing the protection the US provides for countries in the Middle East. Trump has urged Saudi Arabia to increase oil production in recent months to combat higher oil prices brought about by his own sanctions on Iran. He has also previously [...]
Rio Tinto announces $3.2bn share buyback after sale of Australian coal mines September 20, 2018 Mining giant Rio Tinto has announced a $3.2bn (£2.4bn) share buyback programme following its sales of Australian coal assets. The miner's London share price rose more than two per cent following the announcement and its listing on the Australian Securities Exchange climbed 3.5 per cent. The world's third largest mining company said it would conduct an [...]
Rio Tinto announces $3.2bn share buyback after sale of Australian coal mines September 20, 2018 Mining giant Rio Tinto has announced a $3.2bn (£2.4bn) share buyback programme following its sales of Australian coal assets. The miner's London share price rose more than two per cent following the announcement and its listing on the Australian Securities Exchange climbed 3.5 per cent. The world's third largest mining company said it would conduct an [...]
Global league table of ‘caring’ investors: Americans more focused on sustainability than Europeans September 20, 2018 | City Talk The US is the only developed country to make the top 10 of a sustainable investment league table that gauges consumer habits and investing actions. Countries in the developing world dominated the top ten while European countries occupied the middle and lower half of the league table. The results of the Schroders Global Investor Study [...]
Aston Martin confirms London IPO could drive valuation to over £5bn September 20, 2018 Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]
Aston Martin confirms London IPO could drive valuation to over £5bn September 20, 2018 Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]
