Investments & Savings
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Elon Musk now wants to be called ‘Technoking of Tesla’ – really
Elon Musk has been called many things – not all of them can be repeated here – but now he wants, officially…
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London close: Stocks mixed as commodities underperform
London stocks finished Monday’s session in a mixed state, with the top-flight index dipping below the waterline in afternoon trading, sentiment earlier…
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FTSE 250 movers: Commodity stocks drag, Travel issues up on reopening trade
London’s second-tier index fell back at the start of the week amid weakness in commodity-related stocks. A barrage of key activity indicators…
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Broker tips: Boohoo, Ashtead, Entain
Berenberg initiated coverage of Boohoo at ‘buy’ on Monday even as it conceded that shares of the scandal-hit fast-fashion retailer are “not…
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FTSE 100 movers: Oil giants in the red; Flutter flies higher
London’s FTSE 100 was down 0.4% at 6,732.13 in afternoon trade on Monday. Oil giants BP and Shell gushed lower as oil…
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JP Morgan says stick with cyclical stocks
Most of the cyclical shares’ run versus defensive stocks may have passed but investors should not expect a reversal of the trend,…
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Petrofac suspended from competing for new Abu Dhabi awards, shares tank
Petrofac shares tanked on Monday after the oilfield services provider said it had been notified by the Abu Dhabi National Oil Company…
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Jefferies ups price target on Ladbrokes owner Entain
Jefferies has upped its price target for Entain on growing success of gaming joint venture BetMGM. The bank said that BetMGM, Entain’s…
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RBC Capital raises target price on Ashtead
Analysts at RBC Capital Markets raised their target price on equipment rental firm Ashtead from 3,200.0p to 3,800.0p on Monday following the…
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Danone CEO forced out after shareholder pressure
Activist shareholders have succeeded in forcing the departure of Danone chairman and chief executive Emmanuel Faber after complaints about the yoghurt-maker’s financial…
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