[ad_1] Image source: Getty Images By late afternoon today (8 September), the Phoenix Group Holdings (LSE:PHNX) share price was the biggest faller on the FTSE 100. Despite reporting a “strong first half performance with progress against all key financial metrics” investors weren’t impressed. They wiped over £400m off the market cap of the group. The financial services group also announced that it’s going to change its name to ‘Standard Life’ in March 2026. Personally, I think this is a good idea. The brand has been around since 1825. A confusing picture The problem with assessing the financial performance of groups…
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[ad_1] First US Bancshares, Inc. (NASDAQ:FUSB) is about to trade ex-dividend in the next three days. The ex-dividend date is one business day before a company’s record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important as the process of settlement involves a full business day. So if you miss that date, you would not show up on the company’s books on the record date. This means that investors who purchase First US Bancshares’ shares on or after the 12th of September will not receive the…
[ad_1] Image source: Getty Images Back in June, I added Hims & Hers Health (NYSE:HIMS) to my Stocks and Shares ISA after it tanked 35% in a day. Since then, it’s risen 15%, but this is an incredibly volatile stock. It can rise or fall 25% in the blink of an eye. For example, it’s up 100% year to date, but in this time has also endured a 63% peak-to-trough decline, as well as two 35% drawdowns. The recent share price chart basically looks like a hospital heart monitor, spiking up and down. Yet, I’m still bullish on the stock…
[ad_1] Credit: Staff Sgt. Madelyn Brown Military aircraft—from fighter jets to transport planes—are playing a significant role in today’s unstable world. Cumulatively, the operations carried out by these fleets, from combat missions to training flights, consume large amounts of fossil fuel. Nevertheless, military aviation is rarely included in national climate inventories. In addition to greenhouse gases, aviation also emits other pollutants such as soot and particles, which affect both climate and air quality, and have detrimental effects on human health and ecosystems. Recently, the UK government announced that it would purchase 12 F-35A fighter aircraft, some of which will be…
[ad_1] Image source: The Motley Fool Warren Buffett isn’t really known for having significant investment in FTSE 100 companies. The only one Berkshire Hathaway has an interest in right now is spirits company Diageo. In the past, however, Buffett used to have a decent-sized stake in Tesco (LSE:TSCO). And I think the Oracle of Omaha’s reasons for selling the stock are worth paying attention to today. Buffett’s Tesco investment Buffett began buying shares in Tesco in 2006 and by 2012 had come to own around 5% of the entire company. But the Berkshire CEO eventually sold his entire stake between…
[ad_1] Dubai: Dubai is rapidly consolidating its position as a magnet for private wealth and capital as global finance undergoes a profound structural shift away from public markets, according to a new report released by the Dubai International Financial Centre (DIFC).The report, Future of Finance: Shift to Private Capital, highlights how private markets are set to eclipse $30 trillion in assets by 2030, driven by demand for stable, higher-yielding returns. Global private wealth has already soared to a record $471 trillion – expanding eight times faster than public wealth since 1995 – with a $124 trillion intergenerational wealth transfer expected…
[ad_1] Image source: Getty Images No stock is truly crash-proof. When the chips are down, even the largest and most stable of UK companies can see their share prices suffer as (some) investors dash for the exits. But a few FTSE 100 stocks might prove more resistant than most if/when the next big drop comes. Today, I’ll touch on three examples that cautious Fools might wish to consider buying in the good times — arguably right now — in preparation for the bad. Always needed A characteristic of defensive businesses is that they do something ‘essential’. National Grid (LSE: NG)…
[ad_1] Many people start investing because of the lure of passive income. This is understandable, as enough dividends flowing into an investing account may make it possible to escape the rat race and travel the world. So, rather than a boss breathing down your neck, you could instead be enjoying a cool ocean breeze on a Bali beach. It sounds wonderful, and lots of people have achieved it well before retirement age. However, without wanting to rain on anyone’s passive income dream parade, it’s vital to keep three things in mind when it comes to dividend investing. Watch out…
[ad_1] Image source: Getty Images The Diageo (LSE: DGE) share price has taken a beating in recent periods. It’s down 45% over three years and another 15% in the last 12 months. The FTSE 100 drinks giant has been hit by everything from falling demand from cash-strapped drinkers to currency shifts, cost inflation, restructuring bills and trade tariffs. FTSE 100 stalwart turned struggler Full-year results on 5 August showed organic net sales edged up 1.7%, but it wasn’t the platform for a big share prie recovery. That was especially so with reported net profit plunging 39.1% to $2.53bn due to…
[ad_1] Image source: Getty Images The FTSE quarterly reshuffle has been decided on, with Burberry and Metlen Energy & Metals (LSE:MTLN) getting the call-up from the FTSE 250 to join the FTSE 100 later this month. Burberry is a well-known stock that some investors will choose to focus on. However, Metlen is less familiar to some, which is why I wanted to explore it and determine if it’s worth considering. The new kid on the block You could be forgiven for not being that knowledgeable when it comes to Metlen. It only moved its primary listing from Athens to London…