Unilever’s shares spike 14% after rejecting Kraft Heinz approach
Shares in Unilever reached an all-time high Friday afternoon of 3,838.5p after it declined a $143bn (£112bn) takeover bid from the Kraft Heinz Company.
FTSE 100
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AXA’s Thomas: Market stability? It’s ‘wishful thinking’
AXA IM’s Nigel Thomas believes market stability in 2017 is “wishful thinking” with equities to continue to behave unexpectedly as geopolitics remain in a state of flux.
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AstraZeneca continues to flounder – Edentree IM
AstraZeneca’s shareholders will have seen little in this morning’s Q4 results statement to cheer them, according to EdenTree Investment Management fund manager Ketan Patel.
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PA ANALYSIS: Next’s not-so-cautionary tale for UK equities investors
Is Next’s share price plummet a signal to run for the hills, or typical of the buying opportunities that the Brexit bears may create?
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Lloyds shares climb on credit card deal
Shares in Lloyds Banking Group climbed 3% on Tuesday to 64.5p as markets received news it has struck a deal to acquire credit card business MBNA.
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Old Mutual prices OMAM share sale
Old Mutual has announced a public offering of 13m ordinary shares in Old Mutual Asset Management (OMAM), representing further progress towards breaking the business into four separate units.
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FTSE 100 will smash 7300 in 2017, AJ Bell predicts
Rising oil prices, cheap domestic stocks and weaker sterling will create the perfect storm for the FTSE 100, boosting it to a record 7340 by the end of 2017, according to AJ Bell investment director Russ Mould.
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PA ANALYSIS: Should you be topping up UK equities?
As another busy week for British company results kicks off it could be a good time to take the plunge on raising a United Kingdom equities allocation.
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PA ANALYSIS: Volatility here to stay in the age of the ‘Toblerone’ market
Ever get the feeling you’ve been cheated? As I write, the masses are rebelling against a momentous decision that has thrown the free world off its axis… and that’s just the changing shape of the Toblerone.
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HSBC leads FTSE 100 higher despite profit slide
HSBC gained 4.88% in early trading as it reported its Q3 results, despite posting an 86% fall in profits for the period.
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WPP shares climb on strong sales as FTSE treads water
Shares in FTSE 100 advertising company WPP climbed by over 4% to 1777p on Monday after it revealed strong third quarter sales despite the Brexit vote.
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Barclays shares climb on profit spike
Shares in Barclays climbed on Thursday after the bank reported third quarter profits up 35% on last year to £837m.