Business 15 May 2019 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.co.uk/news/business-48278472 Read more about sharing. These are external links and will open in a new window Close share panel Related TopicsSainsbury’s-Asda merger Asda could be listed on the stock market after its merger with supermarket rival … [Read more...] about Asda could be listed on the stock market
Undeclared secrets that drive the stock market
By Jemma Jackson from interactive investor. With lots of potential banana skins for financial markets around, we discuss investment tactics for the warmer months ahead. The days when the City was swapped for Ascot, Wimbledon, Henley and Lords en masse are long gone, and whether senior trader, private investor, or anything in between, we are more likely to spend the summer glued to mobile devices than the races. Yet the 'Sell in May and go away, don't come back 'till St Legers Day' adage still persists. So is there anything in it? Data from interactive investor suggests, to borrow a horseracing pun, that it is something of a dead heat, and rather than follow the mantra, investors might prefer to get their portfolios beach ready instead. Going back to 1986, between 30 April to 15 September (typically the date closest to St Legers Day), the FTSE All Share and the FTSE 100 have fallen 15 out of 33 times (45 per cent of cases), making the old adage inconclusive. Moira O'Neill, Head of … [Read more...] about Can you afford to be out of the stock market this summer?
The initial public offering (IPO) market is revving into gear, with consumer technology stars including Uber, Airbnb, and other Silicon Valley heavyweights planning to go public this year. However, these offerings all come in the controversial wake of ride-hailing app Lyft, which raised more than $2.3bn (£1.76bn) in a seriously – 20 times – oversubscribed IPO in March. The company’s market capitalisation has seen a dramatic dip from a high of $30bn when the business floated, to around $20.2bn last Friday as shares traded around the $60 mark (down from around $83 on float day). Read more: London's junior stock market sees fewest IPOs in ten years in first quarter The blame game has already begun, with leading technology fund manager William De Gale reportedly pointing the finger at big banks and asset managers last weekend for “crazy” valuations. This phenomenon has not been limited to the US technology sector. Aston Martin, which listed in London in … [Read more...] about Your IPO can dazzle the stock market with the right communications strategy and PR spin
Questor Income Portfolio: we have set out to find the best combination of yield, dividend growth and valuation Dairy Crest is about to leave the stock market so we must now name its replacement. The dairy products group, maker of Cathedral City cheese, is being taken over by a Canadian rival. Its shares are expected to cease trading this evening and shareholders should receive cash for their holdings, at the rate of 620p per share, within two weeks. When we reported the takeover in March we asked for suggestions for a replacement holding for this portfolio and received a great many from both readers and professionals. Most named individual stocks, however – suggestions included Halfords, Direct... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week Register for free … [Read more...] about Questor: here is our replacement for Dairy Crest as the cheese maker quits the stock market
London mayor Sadiq Khan will today warn that leaving the single market will damage London and the UK "for decades to come" as the exit date for leaving the bloc draws ever closer. Khan, a staunch Remainer, will say that leaving the single market and customs union would lead to a "lost decade" in which 87,000 jobs would be lost in the capital by 2030 and 500,000 nationwide, if the country leaves the EU without a deal on 20 March. Leaving the single market alone will lead to 54,000 fewer jobs in London, while the capital’s economic output fall by 1.2 per cent lower by 2030, according to the mayor. Khan is due to address a number of business leader at event hosted by advocacy group London First. He will say that while much of the Brexit debate has focused on the customs union, which the Labour party wants to remain a permanent member of, membership of the single market is more important and has enabled London to become "Europe’s capital" for technology and financial, … [Read more...] about Sadiq Khan to warn that leaving the single market will damage London ‘for decades to come’