Image source: Getty Images I first bought FTSE 250 money manager aberdeen group (LSE: ABDN) after its demotion from the FTSE 100 in September 2023. It seemed to me that the automatic wave of selling that this triggered was unjustified by business fundamentals. These sales came from FTSE 100 tracker funds no longer able to hold the stock. Funds not mandated to invest in anything other than top credit-rated shares had to do the same. My purchase at that time turned out to be a very good move. The share price has jumped 24%, and the firm has paid me…
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Image source: NatWest Group plc This week, the NatWest Group (LSE:NWG) share price set a 52-week high. The bank’s stock is now (13 August) changing hands for nearly 60% more than it was a year ago. This puts it in the top 10 of FTSE 100 performers. Some of this rally appears to be due to the sector as a whole coming back in favour with investors. Lloyds Banking Group and Standard Chartered also recorded new one-year highs in August. Barclays did the same in July. Also last month, HSBC briefly became the UK’s most valuable listed company. But NatWest’s…
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Image source: Getty Images Finding a small-cap UK stock near the start of a multi-year growth trajectory can produce lucrative results. Recently, we saw this with Filtronic, a former penny share that’s surged more than 700% in just two years. I’ve been scouring the Alternative Investment Market (AIM) to unearth a potential hidden gem. And I reckon I might have found one in the shape of Windar Photonics (LSE:WPHO), which has a modest £55m market cap. Let’s see why I’m bullish on this penny stock. The company at a glance Windar is a Danish firm that develops low-cost Light Detection…
Image source: Getty Images HSBC (LSE: HSBA) shares fell after the 30 July release of its H1 results. This was to be expected, as they showed a 26% year-on-year fall in pre-tax profit to $15.81bn (£11.74bn). The number undershot analysts’ forecasts of $16.5bn. This largely resulted from $2.1bn of impairment losses at HSBC’s associated Bank of Communications (BOC). This is when an asset’s fair market value falls more than its book value previously stated in a company’s financial documents. BOC’s value hit came from its exposure to bad loans related to China’s real estate market. A risk for HSBC remains…
In a milestone for climate-smart agriculture, The Good Rice Alliance (TGRA) has received an ‘Ae’ carbon rating from BeZero Carbon, placing its credits in the top quartile of global voluntary carbon projects for quality and integrity. The recognition underscores TGRA’s role in transforming India’s rice farming from one of the largest agricultural sources of methane into a scalable climate solution.BeZero’s ‘Ae’ rating signals that TGRA’s credits meet stringent benchmarks for additionality, durability, and quantifiable emissions reduction—qualities increasingly demanded by institutional buyers and climate investors. For rice, which contributes roughly 10 per cent of India’s agricultural greenhouse gas emissions, this represents…
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Image source: Getty Images Lloyds (LSE: LLOY) shares have flown since I bought them in 2023. They’re up 46% in 12 months and 93% over two years. With reinvested dividends, my holding has more than doubled in value, and I’m in no rush to sell. The same can’t be said for Taylor Wimpey (LSE: TW.), which I bought at the same time. After an early burst, the share price has slumped 36% over the past year. Even with its giant trailing 9.5% dividend yield, I’m still about 10% down overall. I’m not too concerned. Lloyds has put me comfortably ahead…
Progressives lawmakers are working to pass bold laws to confront traffic violence, climate change, and the challenges of compulsory car dependency — and betting that their vision will beat out the status-quo as Washington takes up the next surface transportation bill.As House Republicans like Rep. Sam Graves (R–Mo.) vow to “get back to basics” like building highways when the Infrastructure Investment and Jobs Act expires next year, Democrats like Massachusetts Sen. Ed Markey are setting their sights on more ambitious policies that will confront the nation’s most pressing transportation challenges — and exploring new solutions for solving them.Markey outlined some of…
MANILA, Philippines (AP) — Asian shares were mixed on Thursday after days of gains driven by hopes for lower U.S. interest rates, while U.S. futures slipped. Bitcoin rose more than 3% to a new record of over $123,000, according to CoinDesk. In Tokyo, the Nikkei 225 fell 1.4% to 42,657.94 as investors sold to lock in recent gains that have taken the benchmark to all-time records. The Japanese yen rose against the dollar after U.S. Treasury Secretary Scott Bessent said in an interview with Bloomberg that Japan was “behind the curve” in monetary tightening. He was referring to the slow…