Articles by Daniel Marsh
30-Year Mortgage Rates Hold Steady Near 6% as Fed Pause Extends
The average 30-year fixed mortgage rate remained at 5.99% this week, with limited movement as the Federal Reserve's next meeting is not until March. A survey indicates most buyers would reconsider plans if rates climb above 6%.
Imperial Brands Shares Dip Amid FTSE Weakness, Dividend Date in Focus
Imperial Brands shares fell 1.1% in early London trading, tracking a softer FTSE 100. Investors are eyeing the company's upcoming ex-dividend date on February 19.
3i Group Shares Extend Losses Amid Rate Uncertainty and Action Focus
3i Group shares fell further in early London trading, extending Monday's decline as investors weigh interest rate risks and await Action's upcoming capital markets event.
ICG Shares Dip Amid Asia-Pacific Leadership Appointment
ICG plc shares declined 1.1% in London trading following the appointment of a new Asia-Pacific corporate strategy head. The alternative asset manager reported $127 billion in assets under management.
Standard Chartered Shares Drop on Sudden CFO Departure Ahead of Earnings
Standard Chartered shares fell sharply in London trading after CFO Diego De Giorgi resigned immediately. The bank named an interim finance chief as investors await full-year results later this month.
Vodafone Gains on Buyback and Egypt Spectrum Investment
Vodafone shares advanced 1.1% as the company disclosed a new share repurchase and a $350 million spectrum acquisition plan in Egypt. Analysts at LBBW raised their price target to 120 pence.
Beazley Shares Trade Below Zurich's Offer as Key Investors Emerge
Beazley shares traded 0.48% lower at 1,239p, remaining under Zurich's proposed 1,335p per share offer. Recent filings reveal Vanguard and Norges Bank hold significant stakes as the February 2026 deadline approaches.
SSE Gains Amid UK Bond Market Volatility, Investors Eye Upcoming Updates
SSE shares advanced 0.6% in London trading as UK gilt yields stabilized following political pressure on Prime Minister Starmer. The utility's next investor update is scheduled for April 2.
Refinance Rates Remain Elevated Above 6%, Dampening Homeowner Enthusiasm
Average 30-year fixed refinance rates hold above 6%, with government-backed options slightly lower. Most borrowers face higher costs despite some lenders offering sub-6% rates.
Experian Shares Dip Near 52-Week Low Despite Ongoing Buyback Activity
Experian's stock fell 1.5% in London trading, touching its one-year low, even as the company continued its $1 billion share repurchase program with a fresh 400,000-share purchase.
IAG Shares Retreat from 52-Week Peak as Oil Volatility Weighs
International Consolidated Airlines Group shares fell 1.3% in early London trading, pulling back after reaching a fresh 52-week high. Investors are focused on fuel costs and the upcoming full-year results.
BAE Systems Shares Dip Ahead of Earnings Despite New U.S. Army Contract
BAE Systems shares edged lower in London trading after securing a $137 million U.S. Army missile-warning contract, with investor focus shifting to upcoming annual results.