Image source: Getty Images I’ve been keen on Segro (LSE: SGRO) before, but it’s one of those FTSE 100 stocks that’s largely flown under my radar this past year. Seeing how the Segro share price has fallen 25% since the 52-week high it set in July 2024, I’ve been looking closely again. And I like what I see. What it does It’s a name that might not trip off the tongue, so what is Segro? It’s a real estate investment trust (REIT), and describes itself as “a leading owner, asset manager and developer of modern warehousing and industrial property“. I…
Author: user
The United Nations Development Programme (UNDP) and analytics company Sylvera have launched a new carbon data platform aimed at offering African nations access to Article 6 carbon credits. The Carbon Data Access Partnership (CaDAP) initiative aims to provide African governments with comprehensive carbon credit data, enabling them to participate more effectively in carbon markets, particularly under Article 6 of the Paris Agreement, and attract much needed carbon finance. Agreed at COP29, Article 6 aims to provide trusted and transparent carbon markets for countries, allowing them to trade credits to meet their climate targets. It also positions carbon markets as a vital…
Jefferies thinks Wynn Resorts is well positioned to go higher thanks to its stable core business and development pipeline. Analyst David Katz upgraded the casino and resorts stock to buy from hold. He also increased his price target to $118 from $105, implying 33% upside potential from Friday’s close. Shares ticked slightly higher after the rating change. According to Katz, Wynn Al Marjan Island — which is being built in the United Arab Emirates — is one of the upcoming positive catalysts for the stock. The development is slated to become the first casino within the UAE. WYNN 5D mountain WYNN…
On 3 February, Nvidia (NASDAQ:NVDA) stock closed at $116.66. At the time of writing (after the market closed on 17 February) it’s at $138.85. That’s up 19%, enough to turn £10,000 into £11,900 in just two weeks It might seem like chickenfeed compared to the 88% gain of the past 12 months. Or 1,816% over five years. But there’s another way to think about it that might cause an intake of breath. In this short period, Nvidia’s market capitalisation has risen by around half a trillion dollars. Am I saying we should get in quick and bag the next fortnight’s…
As the most followed CFA charterholder on LinkedIn, Eric Sim, CFA, has expertly leveraged social media to connect with other professionals, build his personal brand, and advance his career. In the How to Master Social Media series, adapted from his recent book Small Actions: Leading Your Career to Big Success, Sim shares some critical lessons on how to make social media work for you. Your internal brand is essentially what people in your company think about you. It’s usually set in stone within your first year on the job. Whether your colleagues initially view you as resourceful, creative, ineffective, or useless,…
AUD/USD ticks higher in reaction to the RBA’s widely expected 25 bps rate cut on Tuesday. Rebounding US bond yields revive the USD demand and cap the pair amid trade war fears. The technical setup favors bullish traders and supports prospects for further appreciation. The AUD/USD pair attracts some intraday buyers after the Reserve Bank of Australia’s (RBA) widely expected rate cut earlier this Tuesday, though it lacks follow-through. The RBA board members decided to lower the Official Cash Rate for the first time since November 2020, by 25 basis points (bps) from 4.35% to 4.1% following the conclusion of…
Image source: Getty Images The FTSE 100 index has had some strong individual performers over the last five years. From Rolls-Royce to InterContinental Hotels Group, quite a few stocks have delivered gains of more than 100%. Interested to know which Footsie stock performed the best over this period? Read on and I’ll tell you. The winner is… It may come as a surprise but the best performer (in terms of share price appreciation) in the FTSE 100 over the last half decade has been private equity and infrastructure company 3i Group (LSE: III). Over the period, its share price has…
Image source: Getty Images Lloyds Banking Group (LSE: LLOY) shares dipped sharply on Monday afternoon (17 February). They lost 4.3% in the space of just 15 minutes, but pulled back a bit to end the day down 2%. What’s happening? It’s all about the car loan mis-selling thing, and Chancellor Rachel Reeves’ attempt to intervene. She previously wrote to the Supreme Court with a caution that any harsh outcome could damage the availability of loans. And she urged that “any remedy should be proportionate to the loss actually suffered by the consumer and avoid conferring a windfall.” Court rejection The…
Minister for the Interior, Muntaka Mubarak has announced plans to engage the Finance Minister, Dr Ato Forson for a possible introduction of tax credits to private corporations that donate to the National Peace Council (NPC)This according to him forms part of strategies by the government to among other things generate adequate funding for the operations of the NPC.Speaking during a familiarization visit on February 17, Muntaka accentuated the importance of equipping the Council to manage the resurgence of chieftaincy conflicts in parts of the country.“We have seen in situations for lack of peace, people just loot because there’s some little…
Image source: Getty Images BAE Systems‘ (LSE:BA.) shares have been on a bumpy ride since last summer. But the defence contractor’s share price is still significantly higher than it was before Russia invaded Ukraine in early 2022. In the last five years, the price has doubled, to £13.38. With dividends included, someone who invested £10,000 in the FTSE 100 firm back then would have made £21,972. That’s a spectacular return, especially compared with the broader Footsie wich has risen ‘just’ 18% in that time. But past performance isn’t always a reliable guide to the future. So what can we expect…