Bunzl shares climbed on Tuesday after the distribution-and-outsourcing group delivered steady half-year results, reassured investors with its 2025 guidance, and announced the resumption of its suspended share buyback program.The stock rose by more than 5.3% to about 2,512 pence in opening London trade, making it the top performer on the…
The Federal Reserve is edging closer to another rate cutting cycle. The last time the benchmark interest rate was reduced was in December 2024.After two years of fighting inflation with aggressive hikes, Chair Jerome Powell indicated in Jackson Hole that the “balance of risks” is changing.Inflation risks are still there,…
Wood Group has moved a step nearer to leaving the London Stock Exchange after its board indicated it was minded to accept a reduced takeover offer from Dubai-based engineering group Sidara.The FTSE 250 oil services company said on Tuesday that Sidara, which had originally offered 35p a share in April,…
BT Group share price is in a strong bull run, moving to its highest point since 2017. It has risen in the last seven consecutive months, its longest winning streak since it went public over two decades ago. It has jumped by over 180% from its pandemic lows. Why BT Group…
Pudgy Penguins is preparing for the global launch of its new mobile game, Pudgy Party, with the release of a Soulbound Token (SBT) called “Early to the Party”. The SBT, a non-transferable digital badge, is designed to reward early players who pre-download the game before its official release on 29…
Bunzl shares climbed on Tuesday after the distribution-and-outsourcing group delivered steady half-year results, reassured investors with its 2025 guidance, and announced the resumption of its suspended share buyback program.The stock rose by more than 5.3% to about 2,512 pence in opening London trade, making it the top performer on the…
The Federal Reserve is edging closer to another rate cutting cycle. The last time the benchmark interest rate was reduced was in December 2024.After two years of fighting inflation with aggressive hikes, Chair Jerome Powell indicated in Jackson Hole that the “balance of risks” is changing.Inflation risks are still there,…
Wood Group has moved a step nearer to leaving the London Stock Exchange after its board indicated it was minded to accept a reduced takeover offer from Dubai-based engineering group Sidara.The FTSE 250 oil services company said on Tuesday that Sidara, which had originally offered 35p a share in April,…
GoPro stock price is in a frenzy this year, as retail traders return. It surged by 36% on Monday, reaching a high of $1.70, its highest level since July, and 315% above its lowest level this year. This surge has brought its valuation to nearly $200 million. Why GoPro stock jumped…
Ørsted stock (CPH: ORSTED) rebounded 5% on Tuesday from record low levels it touched after US government pulled the plug on a major offshore wind project, a blow that rattled investor confidence in one of the world’s top renewable energy developers. The selloff also added to worries around the company’s…