Rio Tinto’s record $5.2bn dividend gets muted reception
Still reeling from the global sell-off, markets had a more muted response to Rio Tinto’s full-year results, despite the group posting a surge in profits and a record $5.2bn dividend.
Author: Kristen McGachey
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Canaccord Genuity breaches £25bn in AUM
Canaccord Genuity Wealth Management’s UK and Europe branches reached the £25bn assets under management mark by the end of the third quarter for the fiscal year 2018.
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Is this sell-off a blip or the big one?
Is Tuesday’s worldwide sell-off a blip or a more serious and long overdue market correction? And how did investors handle the frantic flurry of trading activity?
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Hargreaves suffers from FTSE 100 slump as assets hit £86bn
Hargreaves Lansdown was swept up in the FTSE 100 sell-off on Tuesday, despite posting a strong set of first half results, including £3.34bn of net new business.
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Brooke and Morton shove incumbents from income league table
Difficult markets bring reversal of fortunes for Schroders, Marlborough and Chelverton UK equity income funds
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Woodford-backed Prothena’s shares dealt another blow
Prothena’s shares slipped 16% on Monday, as markets reacted to the firm’s announcement that its chief medical officer (CMO) had stepped down.
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Skerritts launches ‘careful’ growth fund
Skerritts has launched what it claims to be the first ‘careful’ growth fund available to UK investors under the Esprit brand name.
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Woodford: Owning Capita was a mistake but not now
Days after Capita saw its shares plummet more than 40%, Neil Woodford has said he will not abandon his holdings in the business process outsourcing firm, even though “it has been a poor investment”.
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AJ Bell slices MPS charge 40% amid asset allocation changes
AJ Bell has lowered the annual management charge (AMC) on its managed portfolio service, as it moves toward a new in-house strategic asset allocation approach.
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Can FAANGs keep momentum despite mixed results?
Last week’s highly anticipated release of the FAANG quarterly updates (minus the N) surprisingly ended up being somewhat of a mixed bag, but what can we read from the setbacks and successes of some of the world’s biggest tech giants?
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BT ‘not a pretty picture’ as earnings miss expectations
BT’s third quarter update failed to live up to analyst expectations, with earnings falling 2% to £1.8bn.
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Provident Financial’s shares spike 5% as new CEO confirmed
Provident Financial’s share price saw a modest gain on Friday morning after confirming it had finally found a CEO replacement.