Articles by Daniel Marsh
Futamura Wigton Plant Workers Set Strike Vote After Overwhelming Pay Offer Rejection
Workers at Futamura's cellulose film plant in Wigton, England, will hold a strike ballot after overwhelmingly rejecting a 1.2% pay offer. The GMB union is demanding a 3.8% increase, citing inflation.
Beazley Deadline Extended as Zurich Bid Decision Looms
Beazley shares saw a slight rise after the UK Takeover Panel extended Zurich Insurance's deadline to make a formal offer to March 4. The specialty insurer's full-year results are scheduled for release on the same date.
Unilever Shares Gain as CEO Share Sale Disclosed, Focus Shifts to Growth Outlook
Unilever shares advanced slightly in early London trading following a regulatory filing showing CEO Fernando Fernandez sold shares from a vested award. Market attention now turns to upcoming management commentary and first-quarter results.
Barclays Shares Edge Higher on Buyback Activity as UK Inflation Data Awaited
Barclays shares opened slightly higher following a fresh share repurchase disclosure. The UK banking sector is attempting to stabilize ahead of key inflation data and a looming Bank of England policy meeting.
NatWest Launches £750M Buyback, Eyes UK Inflation Data
NatWest Group shares held steady after initiating a significant share buyback program. Market focus now shifts to upcoming UK inflation data, which will shape expectations for interest rate cuts.
UK Labor Data Weighs on Sterling, HSBC Awaits Key Results
HSBC shares held flat ahead of the London open following mixed UK labor data that weakened sterling and shifted rate expectations. Focus now turns to Wednesday's inflation figures and the bank's full-year results due February 25.
Reckitt Nears Yearly Peak Amid UK Rate Cut Speculation
Reckitt Benckiser shares retreated slightly after touching a 52-week high, with investors eyeing UK economic data and upcoming company catalysts including a special dividend and a key industry conference presentation.
RELX Leadership Bolsters Holdings Amid Share Buyback Program
RELX's CEO and CFO have increased their personal holdings in the company, coinciding with an ongoing £450 million share buyback program. The stock closed down 3.68% at 2,174p on Monday.
GSK Launches £450M Share Buyback Tranche, Part of £2B Program
GSK has initiated a new £450 million share repurchase tranche, a component of its broader £2 billion capital return program. The company's shares edged higher ahead of the launch.
Computershare Shares Retreat on Ex-Dividend Date as Rate Outlook Lingers
Computershare shares declined 3.47% on their ex-dividend date, partially reversing the prior session's gain. Investor focus remains on the interest rate outlook following the latest RBA commentary.
CAR Group Shares Dip Amid RBA Uncertainty, Dividend Date Looms
CAR Group shares declined 0.54% to A$25.61 as the Reserve Bank of Australia's minutes provided no definitive interest rate guidance. Investors are now looking ahead to the March 13 ex-dividend date for the company's 42.5-cent interim payout.
Aristocrat Leisure Shares Hold Steady Ahead of Annual Meeting
Aristocrat Leisure shares edged up 0.04% to A$49.53 in Sydney trading, with investors awaiting management commentary at Thursday's annual meeting following recent volatility.