Anglo American is ramping up efforts to streamline its business amid takeover pressure from BHP with the sale of its nickel business. Mining giant Anglo American has struck a deal to sell its Brazilian nickel business to Asian metals group MMG Limited in a transaction worth up to $500 million. The sale, announced today, will … Read more
The British Pound Sterling is still on the rise on Friday, continuing the trend for the day when the Labour Party won the national election of the UK. The party got 410 seats in parliament and won the election. The concession of defeat by PM Rishi Sunak suggested that the governmental powers have shifted. Regarding … Read more
A contract win helped the Inspiration Healthcare (LON: IHC) share price rebound 44.4% to 19.5p. A $6m contract has been won by the Neonatal division and the core business is doing well. However, there are further delays to the Middle East contract – the first shipment is awaiting custom clearance – and revenues in the … Read more
It’s still January…so by now, I’m sweating to wrap this up by month-end (at the very latest!), while you’re probably feeling besieged (& bamboozled) by the media’s parade of talking heads who seamlessly re-write their broken #2019 narratives & still pitch their #2020 market prognostications with undaunted confidence. Which is a tad discouraging when I’m … Read more
Speaking at the Economic Club of Chicago yesterday, Fed chair Jerome Powell warned that the US is on an “unsustainable” fiscal path amid rising deficits. He also cautioned that the Trump administration’s trade policies could lead to higher inflation and slower growth. In response to a question on how much the US Federal debt can … Read more
You can read or watch my full review of Ferrexpo over on my new website: https://www.ukdividendstocks.com/blog/is-ferrexpo-a-good-dividend-investment You can also listen to the review on the UK Dividend Stocks Podcast: UK Dividend Stocks Podcast Episode 5: Ferrexpo Like this: Like Loading… Related Posts Author: John Kingham I cover both the theory and practice of investing in … Read more
The US stock market took another hit on Friday and managed to finish a disastrous week in the red as poor economic news coupled with weak earnings from some major tech players continued an alarming five-day collapse. The decline was itself heightened by recently-released non-farm payroll figures that showed a modest 114,000 jobs added to … Read more
Metals One (LON: MET1) is proposing a capital reorganisation that will involve a ten-for-one share consolidation and reduction in the nominal value to 0.01p so that new shares can be issued. This is expected to be completed on 26 March. Metals One is involved in the Black Schist nickel copper cobalt zinc project in Finland … Read more
So yeah…quite the bloody year, eh?! I hope you & yours have kept safe & well during this #COVIDcrisis – even if you’re not exactly sheltering-in-place anymore, I presume you’re still a conscientious mask-wearer (as needed) in public? All else being equal, it’s disappointing the weather (apparently) isn’t a sure-fire virus-killer – remember when we … Read more
Tesla released its Q1 earnings on Tuesday after the close of market hours. Here we’ll look at the key takeaways from that report and how analysts reacted to Tesla’s Q1 earnings. Tesla’s Q1 revenues plummeted 9% YoY to $19.34 billion. The fall in revenues is not surprising as the company’s shipments had tanked 13% in … Read more