[ad_1] Image source: Getty Images ITV (LSE:ITV) shares are rising strongly again following a bumpy few months. Problems at the broadcaster’s production division, mixed with concerns over the health of the UK economy and direction of interest rates, weighed on investor sentiment late last year. But it’s on the front foot again Thursday (6 March) after a solid set of trading numbers for 2024. These showed adjusted pre-tax profits up 19%, at £472m. Source: TradingView At 72.90p per share, ITV’s share price was last around 5% higher on the day. And if broker forecasts prove correct, it will continue to…
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[ad_1] Image source: Getty Images The FTSE 100 has been getting a lot of publicity in the past couple of weeks as it pushes to fresh all-time highs. Some believe it could even reach 9,000 points later this year. However, the FTSE 250‘s currently a way off the record highs made back in September 2021. Here’s why I think that is, along with one index member I think is undervalued. Type of businesses included The main reason for the underperformance relates to the constituents in the FTSE 250. The businesses are typically more domestic in nature, catering to the UK…
[ad_1] Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private.Across the business, which includes the Macy’s banner, Bloomingdale’s and Blue Mercury, comparable sales during the all-important holiday quarter were down 1.1%. But comparable sales across its owned and licensed businesses, plus its online marketplace, were up 0.2%, which is the highest the metric has been since the first quarter of 2022. Plus, the so-called First 50 locations – the stores that Macy’s…
[ad_1] Image source: Getty Images FTSE shares often attract value investors due to the UK stock market’s relative underperformance and appealingly low valuations. Compared to the US, many British companies trade at a price significantly below their fair value. For investors targeting undervalued companies with strong growth potential, the UK market is rife with opportunities. Seeking value On average, UK shares tend to have low prices compared to their reported earnings. There may be a few reasons for this but the main one is the lure of American stocks. The rapid gains of big tech companies have proved irresistible to…
[ad_1] Image source: Getty Images As we approach another year’s ISA deadline, I’ve been watching the Admiral (LSE: ADM) share price with one eye on the dividend yield. Full-year results delivered Thursday (6 March) didn’t disappoint, with the shares up 5.5% in early trading. Dividend boost For the 2024 year, Admiral announced a final ordinary dividend of 91.4p per share, taking the full-year ordinary payment to 162.4p including the interim 71p. That’s a 5.5% yield on the previous day’s closing price. And it gets better, with a 29.6p special dividend taking the total to 192p for a total 6.6% yield.…
[ad_1] Image source: Getty Images Events may finally be moving in favour of FTSE 100 income stocks. As volatility hammers US growth stocks, UK blue-chips are standing firm while offering incredible yields of 8%, 9%, even 10%. The downside? They haven’t delivered much in the way of share price growth over the last decade. This may be about to change. US tech mega-caps have left old-school FTSE 100 blue-chips in the shade. The UK’s once-dominant financial sector has struggled, with banks, insurers and asset managers finding the going tough. While banks are now on the up, insurers and asset managers…
[ad_1] Image source: Getty Images A month ago, I was gung-ho for International Consolidated Airlines Group (LSE: IAG) shares. On 7 February, I noted they’d climbed a stunning 145% in a year, making them the best performer on the entire FTSE 100. I swept aside my usual worry that I was coming too late to the party. I decided the British Airways owner still looked terrific value, with a price-to-earnings (P/E) ratio of just 8.6. Admittedly, its P/E was below four times at the start of its stellar run, but I decided the airline still had more fuel in the…
[ad_1] Image source: Getty Images Don’t you love it when you’ve been fearing a possible dividend cut from a high-yield FTSE 100 stock, and then the company bounces back and proves you wrong? That, at least, is what I think just happened with the newly-renamed aberdeen group (LSE: ABDN). The company posted 2024 results Tuesday (4 March), leading to a 7.7% share price spike on the day. We’re still looking at a 48% fall since 2021’s high point. But it’s not a bad start to a recovery, if that’s we’re seeing. Danger signs A consistent dividend of 14.6p probably helped…
[ad_1] Voluntary carbon markets are evolving as buyers seek out credible offsets which generate tangible climate benefits, and as standard-setters strive to straighten out the wild west of data and frameworks. How should businesses prepare? [ad_2] Source link
[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on March 4, 2025.Michael M. Santiago | Getty ImagesS&P 500 futures were flat early Thursday after the major averages rebounded on hopes for concessions on President Donald Trump’s tariffs.Futures tied to the broad market index and the Dow Jones Industrial Average were little changed. Nasdaq 100 futures dipped 0.1%.Stocks have had a volatile week so far. The three major U.S. indexes staged a comeback on Wednesday after posting back-to-back losses. The White House said that it would grant a one-month delay for tariffs on automakers…