Reach For The Sky
Trinity Mirror looks like it could be reaching for YTD highs with its acquisition of Northern and Shell and its rebranding to ‘Reach’. After successful and extensive cost cutting of £20million, the stock could be on course to rally above £1. Recent announcements show digital revenue has continued to grow with strong growth in like […]
Value at home?
Land Securities – with 107 properties in their portfolio and a mixed-use model approach to real-estate investments, may be well positioned to ride out Brexit uncertainties. Growth is coming from the destination and consumer convenience properties, as well as a strong London office portfolio. The company has a strong balance sheet and less leverage than […]
US adds 103,000 jobs in March as unemployment rate remains static
The US added a modest 103,000 jobs last month, below expectations of 178,000, but strong enough to offer reassurance that the US labor market remains healthy. The labor department said on Friday that the unemployment rate had remained at 4.1% for a sixth straight month. Despite the lower number of jobs added the unemployment rate […]
Calling Vodafone higher
Vodafone has pulled back from its January high of 240 says Marcus Bullus Trading Director at MB Capital. As the chart illustrates, Vodafone has been moving in a sideways range over a two year period, trading between 190 and 240. If the current support level holds there is the opoprtunity for investors to gain a […]
US open: Stocks start higher after bumper February jobs report
Wall Street opened in the green on Friday, after the latest non-farm payrolls report showed that the US added more jobs in February than it had in the last 18 months. At 1520 GMT, the Dow Jones Industrial Average was up 0.87%, with the S&P 500 and Nasdaq pushing ahead 0.90% and 0.97%, respectively. Strikingly, […]
US markets welcome jobs boost as wage growth dips
Jobs growth in the US keeps surprising Wall Street analysts and during February, just a slight disappointment on wage growth marred another great set of labour market data, published on Friday. February payrolls rose by a eye-popping 313,000, well above the consensus forecast of 205,000 and higher than the previous month’s 239,000 – revised higher […]
US open: Stocks start higher after bumper February jobs report
Wall Street opened in the green on Friday, after the latest non-farm payrolls report showed that the US added more jobs in February than it had in the last 18 months. At 1520 GMT, the Dow Jones Industrial Average was up 0.87%, with the S&P 500 and Nasdaq pushing ahead 0.90% and 0.97%, respectively. Strikingly, […]
FTSE 100 finishes the week on a bright note after US jobs boost
The Footsie perked up after US jobs growth in February was way off the charts Just the job for the Footsie FTSE 100 back in the black Non-farm payrolls rose by 313,000 in February, which was the biggest monthly gain since July 2016. GKN surges after agreeing to combine its Driveline business with Dana Incorporated […]
Stocks shake off trade war fears as US job figures hit ‘Goldilocks zone’
The slowdown in US wage growth has given stocks in New York the green light to climb higher on opening this afternoon with the Dow Jones advancing 0.7pc in early trading. Cooling pay growth in the US “takes some of the pressure off” stocks but the labour market continuing to tighten suggests that inflation fears will […]
FTSE 100 gains ground after solid U.S. jobs report, scores 2.2% weekly win
U.K. blue-chip stocks ended modestly higher Friday, gathering strength alongside U.S. stocks after monthly hiring figures stateside showed the labor market in the world’s largest economy expanded at a stronger pace than anticipated. How markets are moving The FTSE 100 index UKX, -0.71% rose 0.3% to close 7,224.51 after darting between small gains and losses […]