Isas are a popular way for savers to squirrel away money. And given that these savings accounts are free from both capital gains and dividend tax, the Stocks and Shares Isa is particularly appealing to investors. With all that said, not all Isas are created equal, and charges can vary wildly across providers. Platforms can usually be divided into those with flat administration charges, and those that charge a percentage on holdings. So depending on your intention for the Isa, it pays to take care when deciding which provider to go for. For example, if you’re an active buyer and seller, it might be more cost-effective to choose a provider with a flat trading fee, otherwise your savings could be wiped out by hefty dealing charges. Reinvestment fees, transfer charges, and exit fees can also hammer you if you aren’t careful. So make sure you know the Isa inside out before using it as a platform to invest. If you’re trying to decide where is best to house your money, here … [Read more...] about How to choose a provider for your Stocks and Shares Isa
Selling stocks and bonds
Shares were down 3pc in afternoon trading in New York, while the company's euro-denominated bonds were having their worst day in three years. The company's shares are down around 20pc so far this year. The Red Hat purchase is aimed at catapulting the company into the ranks of the top cloud software competitors.The cash deal, IBM's biggest by far, boosts the 107-year-old computer-services giant's credentials overnight in the fast-growing and lucrative cloud market and gives it much-needed potential for real revenue growth. IBM, once synonymous with mainframe computing, has been slow to adopt cloud technologies and has had to play catch-up to market leaders Amazon and Microsoft. "We've been reshaping IBM for this moment," said CEO Ginni Rometty. "This is all about resetting the cloud landscape and this is the inflection point to do it." IBM has been positioning itself as a leader in the so-called 'hybrid cloud' market - in which companies run programs on their own internal servers and … [Read more...] about IBM shares and bonds hit on $33bn Red Hat buy
Business By Ana Nicolaci da Costa BBC Business reporter 7 September 2018 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/business-45191872 Read more about sharing. These are external links and will open in a new window Close share panel Economic crises in Turkey and Argentina have led to talk of "contagion" - the danger of … [Read more...] about Can Argentine and Turkish crises spread?
36 Comments By Liz Hoffman and Telis Demos Aug. 18, 2018 12:00 a.m. ET Meet the straders. Part risk-taking trader and part computer-whiz “strategist,” they are prowling the halls at Goldman Sachs Group Inc., GS 0.16% erasing a once-religious line between the jocks and the nerds. “You say ‘trader’ and I don’t even know what we’re talking about,” said Adam Korn, a 16-year Goldman veteran. “Everyone who comes to sales and trading needs to know how to code.” Mr. Korn is the unofficial king of the straders, and an evangelist for the financial world they represent. Across Wall Street, traders who spent their formative years barking into phones are signing up for coding classes. Engineers once relegated to the back office are being empowered to try their hands in the market. It is upending the pecking order of the trading floor and is, in large part, a concession to the reality that has set in a decade after the … [Read more...] about Wall Street Erases the Line Between Its Jocks and Nerds
News / Business by Press Association 10/08/2018, 5:30 pm FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter The pound and the FTSE 100 ended the week well and truly on the back foot as investors fretted over a potential financial crisis in Turkey, the US-China trade war and the likelihood of a “no deal” Brexit. The British currency, which has taken a Brexit hammering over the past five days, continued its downward slide against the dollar, losing 0.4% to end the session at 1.277. It represents a 13-month low and experts are now warning of a further fall towards 1.20 if there is no sign of Brexit progress in the coming weeks. Jameel Ahmad of FXTM said: “The pound has itself tumbled from 1.30 to marginally above 1.27 within a matter of days. “Sterling desperately requires some positive news around Brexit negotiations, otherwise the negative investor sentiment presents a risk that pound selling could accelerate … [Read more...] about Turkey, Trump and Brexit continue to weigh on stocks and pound