Enthusiasm for President Donald Trump’s first actions, or lack thereof, is waning this morning with shares in London, Paris and Frankfurt all flat or marginally in the red, after a good day yesterday.
US earnings season is upon us and, as usual, the banking sector has made the first move. Figures posted by JPMorgan Chase (US ...
Shares are priced 32 per cent below NAV even though shareholders have sanctioned an orderly realisation of its assets ...
Futures show both shares will keep on rising when markets open later on. Netflix is also on the up after reporting solid numbers, you can read the full Netflix report here, as part of our US company ...
Saba Capital has lost its attempt to oust the board at Herald (HRI), offering some hope to the other six trusts set for a showdown with the activist early next month.
The narrative of American exceptionalism supported a stronger US dollar. The euro-dollar exchange rate ended the year at 1.03, down 6.3 per cent for 2024. Sterling closed at 1.25, a smaller 1.8 per ...
Alas, this consistency is less evident in the remainder of the portfolio, thanks to a mixture of thinning margins and a growing bias to investment vehicles designed for yield-hungry investors, which ...
Given that Saba prefers trusts where a discount is "clean", ie where there is some clarity about the valuations on the ...
Close Brothers and Lloyds are believed to be most involved in the motor finance market. However, Bank of Ireland (BIRG), the UK arm of Banco Santander (ES:SAN), Barclays (BARC), Vanquis Banking Group ...
This was after Trump didn’t mention Chinese tariffs in the meaningful way many were expecting. Instead the president focused ...
YouGov (YOU) chief executive Steve Hatch has only been in the hot seat for 18 months, but a scathing shareholder letter has ...
US hedge fund Saba has ruffled feathers by forcing shareholder votes on proposals to oust board members and merge a set of ...