Imperial Brands back in the spotlight
Imperial Brands was back in the spotlight on Wednesday after Exane BNP Paribas put just a 30 per cent chance on the tobacco maker being independent by the end of next year. Exane added Imperial to its...
View ArticleTrump tax shake-up and French elections pose threats
Disappointment over potential tax reform and volatility stemming from the French election pose the biggest threats to corporate bond and stock markets in the near term, according to Bank of America...
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Clues awaited on ‘reverse Yankee’ comeback
When Ford borrowed a €750m bond in euros at the start of the year, the US carmaker was following a path that has become familiar to corporate America. The deal was an example of so-called “reverse...
View ArticleRubber sets a 7-day losing streak in Tokyo
The benchmark Tokyo rubber futures August contract plunged 5.2 per cent on Thursday to close the main session at ¥269.4 per kg. It finished near a seven-week low, having broken sharply down through...
View ArticleFCA set to focus on value for money in suitability review
In April 2016, the Financial Conduct Authority (FCA) started to review a sample of over 1,000 advice files to determine the standard of advice being provided to consumers. Advisers are awaiting the...
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Mnuchin promises US tax reform and 3% growth rate
The new US Treasury secretary, Steven Mnuchin, said the Trump administration is committed to passing a “very significant” tax reform plan by August and promised an economic growth rate of at least 3...
View ArticleGlencore: mine, now yours
A dividend rise may be in order as commodity prices have stabilised Source link
View ArticleBarclays weighs on FTSE as Centrica's divi disappoints
(Update) Barclays (BARC) shares see-sawed as investors responded to the good and bad in its annual results. News of a near tripling in profits last year from £1.1 billion to £3.2 billion as the bank...
View ArticleWoodford warms to banks before income fund launch
Star fund manager and famous bank bear Neil Woodford has hinted he could venture into the UK banking sector he has largely avoided since the financial crisis. Speaking at an event marking the launch...
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Dollar-watchers put real yields under close scrutiny
“What’s up with the dollar?” has been the recurring question for investors lately as the reserve currency has slipped from a 14-year high set at the start of January. The answer may lie in the link...
View ArticleElectric carmakers on alert as funds hoard cobalt
Suppliers to Tesla and other electric carmakers are scrambling to secure shipments of the key battery material cobalt after a group of hedge funds amassed a large stockpile of the scarce metal. In a...
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Chinese factory jobs vanish as robots take over
Rapidly growing appetite for industrial robots in China is set to hasten the decline in manufacturing jobs, according to the findings of an FTCR survey. As part of a top-down push, local governments...
View ArticleHormel Foods slides on turkey pricing concerns
Shares in Hormel Foods were among the worst performing on the S&P 500 on Thursday after the group lowered its 2017 fiscal year guidance on continued turkey pricing concerns. Operating profits in...
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Adviser Profile: David Gow and Keith Mackie of Acumen Financial Planning
Taking the baton from former cover stars Sandy Robertson and Bill Saunders, Acumen directors David Gow and Keith Mackie have picked up the pace and powered ahead. I meet Keith Mackie and David Gow,...
View Article200,000 pensioners in line for payouts after being short-changed on annuities
An estimated 200,000 pensioners in poor health will be compensated by two of Britain's biggest pension firms after being mis-sold annuities which were designed for healthy people. Standard Life and...
View ArticleInvestment Trust Watch: Temple Bar's Happy Mundy
This week’s column amounts to a quick tour of UK equity income as several trusts in this popular sector feature in both our tables from Numis Securities. Ever since the Brexit vote last summer we’ve...
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China’s jockeying of officials puts spotlight on central bank
February 24, 2017 by: FT Confidential Research The apparent return of Guo Shuqing to Beijing from the provinces again stirs the question of who will succeed Zhou Xiaochuan as governor of the People’s...
View ArticlePrivate prisons jump after Trump team move
Private prison rose on Friday after Jeff Sessions, the US attorney-general, announced that the new administration would reverse plans introduced under the previous government to phase out their use....
View ArticleAccumulator: Indian shares shrug off cash crunch
Our exclusive stock market data table shows the strength of India’s stock market recovery after the government’s shock ‘demonetisation’ programme. Source link
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Vale chief executive announces his resignation
February 24, 2017 by: Joe Leahy in São Paulo The chief executive of Vale, the world’s largest iron ore producer, on Friday announced his resignation, kicking off an executive search for one of...
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