Articles by Daniel Marsh
National Grid Shares Slide After Outlining £70bn Investment Strategy
National Grid shares declined approximately 2.8% in early London trading after the company detailed an expanded £70 billion capital investment plan through FY31 and agreed to new regulatory price controls.
National Grid Shares Slide 3% After Unveiling £70bn Capital Plan
National Grid shares declined 2.8% to 1,361.5p in early London trading, underperforming the broader utilities sector. The drop came after the company detailed an expanded £70 billion capital investment strategy.
Beazley Shares Hold Near Zurich Offer as $5B Funding Secured
Beazley PLC shares are trading just below Zurich Insurance Group's takeover offer price of 1,335 pence per share. Zurich has secured $5 billion in funding to finance the agreed acquisition.
Beazley Shares Hold Near Zurich Offer as Funding Secured, Eyes on Results
Beazley shares traded at 1,290 pence, remaining just under Zurich Insurance Group's 1,335 pence per share acquisition offer. Zurich secured $5 billion in funding to finance the deal, with Beazley's full-year results on March 4 a critical near-term catalyst.
HSBC Leads UK Bank Selloff Amid Oil Price Surge, Rate Fears
HSBC Holdings led a decline in UK banking stocks, dropping 2.5% as rising oil prices fueled inflation concerns and dampened expectations for near-term rate cuts. Key dates ahead include the bank's ex-dividend date and the Bank of England's policy meeting.
Lloyds Shares Slide as Oil Spike Dampens UK Rate Cut Hopes
Lloyds Banking Group shares dropped more than 2% in early London trading, pressured by macroeconomic forces reducing the likelihood of near-term Bank of England rate cuts.
Lloyds Shares Slide Amid Oil-Driven Inflation Fears, Rate Cut Odds Wane
Lloyds Banking Group shares dropped more than 2% in early London trading, pressured by macroeconomic forces including surging oil prices and shifting interest rate expectations. The bank also disclosed ongoing share buyback activity and new issuances for employee plans.
Rolls-Royce Executes Latest Share Buyback as Market Sentiment Weighs on FTSE
Rolls-Royce acquired 1.09 million shares on Monday under its buyback initiative, with total repurchases now at 2.91 million. The stock remains 5% below its yearly peak as the FTSE 100 declined 1.2%.
Rolls-Royce Executes Share Buyback as Market Focus Shifts to March Investor Meetings
Rolls-Royce acquired 1.09 million shares in a buyback transaction on Monday, bringing its total repurchases to 2.91 million. The stock remains 5% below its yearly peak as the FTSE 100 fell 1.2%.
Woolworths Shares Hold Near Peak Ahead of Dividend Cut-Off Amid Rate Jitters
Woolworths shares closed at A$36.90, near the top of its yearly range, before trading ex-dividend for a A$0.45 interim payout. The ASX 200 fell 1.34% amid rate and oil worries.
Woolworths Shares Hold Near Peak as Dividend Deadline Nears Amid Rate Uncertainty
Woolworths shares closed at A$36.90, near a 52-week high, ahead of trading ex-dividend for a A$0.45 payout. The broader ASX 200 fell 1.34% as rate hike fears and oil price spikes weighed on sentiment.