Investments & Savings
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US open: Positive start to trading as yields slip from recent highs
Wall Street stocks were mostly higher on Monday after the yield on the benchmark 10-year Treasury note slipped from its recent 14-month…
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FTSE 100 movers: AstraZeneca rallies on trial results; IAG tanks
London’s FTSE 100 was up 0.2% at 6,722.35 in afternoon trade on Monday. AstraZeneca was sitting pretty at the top of the…
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Ark Invest sees Tesla shares at $3,000 by 2025
Tesla shares surged on Monday after tech-focused investment manager Ark Invest said the price could hit $3,000 by 2025 in its base…
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Liberum ups price target on JD Wetherspoon, stays at ‘hold’
Liberum has upped its price target on JD Wetherspoon, but remains cautious about the scale and pace of the pub chain’s recovery.…
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JP Morgan stays at ‘overweight’ for euro area stocks
Strategists at JP Morgan reiterated their ‘overweight’ stance on Eurozone and Japanese equities in 2021 and said they continued to expect that…
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Europe midday: Stocks rally on AstraZeneca US trial results
European shares turned positive by midday as positive results from AstraZeneca’s Covid vaccine trials in the US produced positive results, offsetting worries…
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Global stock markets nowhere near a ‘bubble’, Goldman Sachs says
Many of the ‘tell tale’ signs of a dangerous financial bubble are absent from global stock markets, despite the fact that they…
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Deutsche Bank downgrades IAG to ‘hold’
Deutsche Bank has downgraded International Airlines Group to ‘hold’ from ‘buy’ after a recent rally in the share price. The bank said…
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Berenberg raises target price on Barratt Developments
Analysts at Berenberg raised their target price on construction firm Barratt Developments from 740.0p to 800.0p on Monday, stating the housebuilding sector…
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UK probes Penguin’s $2.2bn takeover of Simon & Schuster
Britain’s competition regulator is investigating Penguin Random House’s $2.2bn ($1.6bn) takeover of Simon & Schuster. The Competition and Markets Authority said it…
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