Image source: Getty Images ITV (LSE: ITV) stock’s risen around 10% since 23 July and is now trading near a 52-week high. Despite this, it remains 69% lower than a decade ago. So I’m wondering if I should add this value stock to my ISA. Better-than-expected H1 The recent share price pop came after the FTSE 250 broadcaster delivered its first-half results on 24 July. Revenue fell 3% year on year to £1.85bn, with total advertising revenue down 7%. Adjusted earnings before interest, taxes, and amortisation (EBITA) slumped 31%. At first glance, this may seem surprising. Why would the stock…
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Donald Trump says he’s a king, but his Transportation Secretary is more like a child.That’s how one prominent Constitutional law expert described the U.S. DOT’s closing argument for why Transportation Secretary Sean Duffy can kill congestion pricing: It is an argument that a child would make.Duffy and the Federal Highway Administration are trying to nullify the agreement that authorized congestion pricing, in part, by claiming there is an unwritten rule allowing the federal agency to void a contract on a whim … even if said contract has no language allowing for that to happen.Obviously, the federal government regulates interstate travel,…
Let us read it for you. Listen now. Your browser does not support the audio element. NEW YORK — U.S. stocks capped another strong week with more records on Friday.The S&P 500 rose 0.4% to set an all-time high, the fifth time it did so this week. The Dow Jones Industrial Average climbed 208 points, or 0.5%, and the Nasdaq composite added 0.2% to its own record set the day before.Shares of Deckers, the company behind Ugg boots and Hoka shoes, jumped 11.3% after reporting stronger profit and revenue for the spring than analysts expected. Its growth was particularly strong…
Image source: Getty Images Apple‘s (NASDAQ: AAPL) made loyal shareholders an absolute fortune over the past couple of decades. However, the stock’s been underperforming more recently. It’s down 14% year to date and 2.3% over 12 months. I’m one of around 1.56bn iPhone users worldwide. And barely a day goes by when my AirPods aren’t lodged in my ears at some point, often when I’m listening to something on Apple Music. It’s the same with double-clicking my iPhone to pay for something using Apple Pay. Meanwhile, my daughter wants an iPad for her upcoming birthday. Those aren’t cheap. In other…
Image source: Getty Images The AstraZeneca (LSE:AZN) share price is down 10% in a year. That’s clearly a disappointment for investors, and it marks a deviation from the positive trajectory of the past decade. In that period, the stock’s moved from a little over £40 a share to nearly £110 today, so it’s been one of the UK’s most appealing growth stories. But the company’s relative underperformance against UK stocks over 12 months can be traced to several things. One of these is a series of legal issues in China relating to claims of illegal drug importation. Another factor is…
Image source: Getty Images I thought I knew it all when it came to financial strategies, but one idea caught my eye this week, and I don’t think I’d given it much consideration before. The strategy revolves around investing heavily in our early working years to build a sizeable second income portfolio. However, instead of taking that second income, the investor could simply stop contributing to it. Let me explain in more detail. Imagine an investor opens a Stocks and Shares ISA at 20 and commits to putting away £1,000 per month. That might sound like a lot, but where…
Image source: Getty Images Few FTSE stocks have outperformed Rolls-Royce shares so far this year. As I type, the engineering titan has delivered a 66% gain to anyone who got involved as markets opened back up in January. However, this return pales in comparison to what holders of a certain under-the-radar company have earned. Incredible performance Stop a stranger and ask whether they’ve heard of Rank Group (LSE: RNK) and they’ll probably give a blank expression. But they may be more familiar with some of its brands, such as Mecca Bingo and Grosvenor Casinos, even if they’ve never used them.…
Financial ExpressIndia ramps up rare earth strategy; eyes Australia, Argentina, Brazil and Chile for supplies: ReportAmid rising global concerns over China’s dominance in rare earth magnets, India is ramping up efforts to diversify supply chains by exploring partnerships….1 month ago Source link
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Japan’s trade agreement with the United States is fueling expectations that the Bank of Japan (BOJ) may raise interest rates later this year. Sources familiar with the central bank’s stance suggest the deal reduces uncertainty over U.S. trade policy, paving the way for a potential policy shift as early as October. While optimism is rising, officials remain cautious. The BOJ will closely monitor how U.S. tariffs impact Japan’s economy, which has been weakened by sluggish consumption, higher living costs, and fragile manufacturing output. Analysts expect upcoming data, including October’s “tankan” business survey, to be key in determining the timing of…