Melrose buys back shares, boosts stock price
Investing.com — Shares of Melrose Industries (LON:MRON) saw an uptick following the company’s share buyback on Tuesday. At 4:45 am (0945 GMT), Melrose Industries was trading 7.9% higher at £569.…
European automakers fall as Trump pledges tariffs
LONDON (Reuters) -European automakers shares fell on Tuesday, as traders reacted to President-elect Donald Trump pledging big tariffs on Canada, Mexico and China, news that fueled jitters over a potential…
Kohl’s surprise CEO departure to amplify woes ahead of holiday shopping season
(Reuters) – Kohl’s (NYSE:KSS) surprise CEO departure announcement a day before its quarterly results will play on the minds of investors, who were looking out for a positive forecast from…
Fitch puts some Adani bonds on negative watch as Sri Lanka weighs accusations
By Uditha Jayasinghe, Scott Murdoch and Chris Thomas (Reuters) -Sri Lanka is weighing U.S. bribery accusations against Adani Group and Fitch put some company bonds on a watch list for…
Halfords beats estimates, shares jump 13%
Investing.com — Shares of Halfords Group (LON:HFD) jumped over 13% on Tuesday after the company reported better-than-expected first-half profits, aided by stronger performance in its retail division and improved cost…
Banco BPM’s board meets to start discussing UniCredit’s takeover bid
By Andrea Mandala and Valentina Za MILAN (Reuters) – Banco BPM gathers its board on Tuesday for an initial discussion on the 10 billion euro ($10.5 billion) unsolicited takeover offer…
Auto stocks lead losses in Europe on Trump’s tariff risk
(Reuters) – European shares opened lower on Tuesday, dragged by automakers, as Donald Trump’s tariff threat on the United States’ largest trading partners prompted worries that the bloc might share…
Joby Aviation stock price is rising: is it a good buy or sell?
The Joby Aviation stock price has bounced back and surged to a high of $7.30, its highest level since July 14. It has jumped by almost 60% from its lowest…
Italian lender UniCredit proposes $10.5 billion acquisition of rival Banco BPM
UniCredit, Italy’s prominent lender, made a proposal on Monday to acquire its domestic competitor Banco BPM for approximately 10 billion euros ($10.5 billion). The offer, separate from its ongoing pursuit…
Rolls-Royce share price key levels to watch as rally stalls
Rolls-Royce share price has pulled back in the past few weeks after soaring to a record high of 592p earlier this month. The stock has moved to 546p on Friday,…