Articles by Daniel Marsh
Reckitt Benckiser Shares Edge Lower Ahead of Special Dividend
Reckitt Benckiser stock declined modestly Friday, trading near its 52-week high as markets anticipate a special dividend payment and upcoming management commentary.
3i Group Rebounds 2.7% in London as Rate Cut Bets Swirl
3i Group shares climbed 2.7% in London trading, recouping some of the prior session's losses amid shifting expectations for UK interest rates.
Vodafone Shares Dip Amid Buyback and Bond Program Updates
Vodafone shares declined about 1% in early London trading following announcements of a share buyback and a supplement to its €30 billion bond program.
Standard Chartered Shares Recover After CFO Departure, Digital Push
Standard Chartered shares rose 0.6% Friday, recovering part of Thursday's 4.7% drop. The bank appointed an interim CFO and unveiled a digital assets partnership.
Compass Group Shares Rebound as Currency Switch Looms
Compass Group shares recovered slightly in Friday trading following a midweek drop. Attention remains on the firm's planned shift to U.S. dollar trading and an imminent dividend payment.
Rolls-Royce Shares Gain on Buyback Activity Ahead of Earnings
Rolls-Royce shares advanced more than 3% in early London trading Friday as the company continues its interim share buyback program. Investors await full-year results scheduled for February 26.
Tesco Shares Approach 52-Week High Ahead of April Earnings
Tesco shares gained slightly in early London trading, staying close to a 52-week peak. Investors are focused on upcoming April earnings and UK economic signals.
Barclays Initiates £1 Billion Share Repurchase, Stock Gains
Barclays PLC shares advanced after the bank launched a £1 billion share repurchase program. JPMorgan is handling the purchases, which are scheduled to run through August.
Soybeans Climb on Export Sales; Best Buy Seen Undervalued
Soybean futures gained Thursday following USDA export sales data. In equities, Best Buy appears significantly undervalued, while Indian IT shares sold off sharply amid AI disruption concerns.
Rocket Lab Shares Slide Amid Space Sector Sell-Off, Key Test and Earnings Ahead
Rocket Lab shares dropped 5.2% amid a broader space stock sell-off. Investors are focused on an upcoming hypersonic test and the company's February 26 earnings report.
Coherent Shares Dip After Bain Capital Sells $2.2B Stake
Coherent shares declined roughly 3% in extended trading Thursday following a regulatory filing showing a Bain Capital affiliate sold its entire stake in a $2.22 billion block transaction.