03 March

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StockBeat: UBS’s VW Call, Stellantis Earnings Drive Cyclicals to New Highs By Investing.com

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By Geoffrey Smith Investing.com -- The cyclicals rally in Europe shifted up a gear on Wednesday, bolstered by hopes that the key export market of the U.S. will be fully reopened faster than previously thought, compensating for a still-uneven recovery at home. The cyclicals-heavy DAX in Germany hit an all-time high in early trading before retracing a fraction to be up 0.8% by 5.30...

03 March

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Rocket Extends Surge to Fourth Day as New Day-Trader Favorite By Bloomberg

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(Bloomberg) -- Rocket Cos. (NYSE:RKT) rose in premarket trading, set to extend Tuesday’s 71% surge on sentiment that the home-loan provider could be the latest retail trader favorite for its high short interest. The stock jumped as much as 17% premarket, before paring gains to trade 5.6% higher at $43.94 as of 5:17 a.m. in New York. Shares rose even after RBC Capital...

03 March

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UK’s 2021/22 electricity capacity auction clears at 45 pounds/kW/year By Reuters

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LONDON (Reuters) - Britain's top-up auction to ensure enough electricity capacity for 2021/22 has cleared at 45 pounds ($62.86) per kilowatt (kW) per year, National Grid (LON:NG) said on Tuesday. National Grid has already secured more than 50 GW of capacity for 2021/22 in an auction held in February 2018, which cleared at 8.40 pounds per kilowatt (kW) per year. Tuesday's auction...

03 March

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European Stocks Higher; U.K. Budgetary Support Eyed By Investing.com

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By Peter Nurse Investing.com - European stock markets traded higher Wednesday, on optimism that the global vaccination program will lead to a prompt economic recovery, while attention turns to the annual U.K. budget statement. At 3:45 AM ET (0845 GMT), the DAX in Germany traded 0.9% higher, the CAC 40 in France rose 0.8% and the U.K.'s FTSE index climbed 1.2%. Europe has...

03 March

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Ryanair sees 60-70% of normal traffic this summer By Reuters

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DUBLIN (Reuters) - Ryanair hopes to fly up to 70% of 2019 passenger numbers this summer, group Chief Executive Michael O'Leary told a British parliamentary committee on Wednesday. "We would be hopeful that we could fly maybe 60, 70% of our normal traffic volumes during the peak summer months...

03 March

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Sterling steadies ahead of UK budget By Reuters

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By Ritvik Carvalho LONDON (Reuters) - Sterling steadied against the dollar on Wednesday and gained against the euro ahead of the announcement of Britain's budget for the coming fiscal year, which is expected to prop up the economy as it prepares for a reopening from lockdowns. The pound was flat at $1.3967 by 0841 GMT, after falling to its lowest in 2-1/2...

03 March

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Under pressure, Scotland’s Sturgeon defends handling of predecessor’s case By Reuters

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LONDON (Reuters) - Scotland's first minister, Nicola Sturgeon, defended her government on Wednesday against accusations by her predecessor that she acted illegally in a bitter row that could scupper her campaign to lead Scotland to independence. The feud between Sturgeon and former first minister Alex Salmond has reached fever pitch in recent weeks, pitting the former friends against each other in a...

03 March

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Stellantis aims to lift Fiat Chrysler margins towards PSA levels By Reuters

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By Giulio Piovaccari MILAN (Reuters) - Carmaker Stellantis, created by the merger of Peugeot-maker PSA and Fiat Chrysler (FCA), aims to lift profit margins this year towards the levels attained by its Chief Executive Carlos Tavares at PSA. With 14 brands under one roof, including Fiat, Peugeot, Opel, Jeep, Ram and Maserati, the...

03 March

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Prudential 2020 operating profit rises 4% By Reuters

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LONDON (Reuters) - Prudential (LON:PRU)'s operating profit rose 4% in 2020, Britain's largest insurer said on Wednesday, driven by strength in its main Asian business. Adjusted operating profit from continuing operations came in at $5.5 billion, the company said in a trading statement. The life insurer said in January it would split off its U.S. business Jackson through a demerger...

03 March

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Commodity, bank stocks lift UK shares higher ahead of budget By Reuters

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(Reuters) - British shares rose on Wednesday, buoyed by gains in commodity and banking stocks, while investors awaited Finance Minister Rishi Sunak's budget plan as the country tries to recover from a coronavirus-inflicted economic shock. The blue-chip FTSE 100 index rose 1.0%, with mining stocks including Rio Tinto (LON:RIO), Anglo American (LON:AAL) and BHP gaining between 1%...

Меню

StockBeat: UBS’s VW Call, Stellantis Earnings Drive Cyclicals to New Highs By Investing.com

Rocket Extends Surge to Fourth Day as New Day-Trader Favorite By Bloomberg

UK’s 2021/22 electricity capacity auction clears at 45 pounds/kW/year By Reuters

European Stocks Higher; U.K. Budgetary Support Eyed By Investing.com

Ryanair sees 60-70% of normal traffic this summer By Reuters

Sterling steadies ahead of UK budget By Reuters

Under pressure, Scotland’s Sturgeon defends handling of predecessor’s case By Reuters

Stellantis aims to lift Fiat Chrysler margins towards PSA levels By Reuters

Prudential 2020 operating profit rises 4% By Reuters

Commodity, bank stocks lift UK shares higher ahead of budget By Reuters

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