Company News For May 15, 2024

Fool.co.uk
A FTSE 250 share I’d buy to target a 500% return!
This FTSE 250 share has leapt from 676p in 2004 to £98.20 today. Our writer Royston Wild explains why it could have even further to go. The post A FTSE 250 share I’d buy to target a 500% return! appeared first on The Motley Fool UK.
Reuters
Legal & General shares drop on $250 million buyback, merger of investment units
British life insurer Legal & General is planning a 200 million pound ($254.9 million) share buyback and a merger of its investment units, it said on Wednesday as it looks to boost returns, though the changes disappointed investors. L&G will combine Legal & General Investment Management, one of the biggest investors in the UK stock market, and its alternative asset platform Legal & General Capital, it said in a statement ahead of a capital markets day outlining its new strategy. LGIM CEO Michelle Scrimgeour will step down following the changes, L&G said.
Fool.co.uk
Dividend yields up to 11.1%: 3 FTSE 100 passive income shares to consider
Looking for ways to make a market-beating return? These popular FTSE 100 dividend shares might be the wisest you can consider today. The post Dividend yields up to 11.1%: 3 FTSE 100 passive income shares to consider appeared first on The Motley Fool UK.
Fool.co.uk
One of Britain’s best-performing fund managers has been buying this FTSE 100 stock
This fund manager has an excellent track record when it comes to picking growth shares. And he’s just bought a well-known FTSE 100 stock. The post One of Britain’s best-performing fund managers has been buying this FTSE 100 stock appeared first on The Motley Fool UK.
Fool.co.uk
FTSE 100 shares are rising but these 2 still look like great bargains!
This Fool has his eye on these two cheap FTSE 100 shares. Here, he explains why and digs deeper into the stocks. The post FTSE 100 shares are rising but these 2 still look like great bargains! appeared first on The Motley Fool UK.
The Telegraph
It’s boom time for the lazy public sector – and we’ll all pay the price
The British labour market is once again cooling down, with unemployment and inactivity rising amid higher interest rates and electoral uncertainty. The hopes of a strong economic recovery after several miserable years have been dashed by an apparent return to stagnation.
Fool.co.uk
After halving in value, I think this penny stock is ready for a comeback
Jon Smith explains why a penny stock has fallen in value over the past year, but notes the surge in revenue recently that could spark something. The post After halving in value, I think this penny stock is ready for a comeback appeared first on The Motley Fool UK.
Barrons.com
An Obvious Reason Musk’s Pay Package Will Pass
Institutions that own large stakes in the electric-vehicle maker aren’t going to vote against giving CEO Elon Musk more money, hampering Tesla stock.
Reuters
Bank of England to cut rates in August, at least one more expected this year: Reuters poll
The Bank of England will start cutting interest rates in August, according to all but two of 65 economists polled by Reuters, and most of them expect at least one more reduction this year despite persistently high pay and services inflation. One of the first central banks to start raising rates following the worst of the COVID pandemic, the BoE lifted Bank Rate by 515 basis points between December 2021 and August 2023 to a 16-year high of 5.25% to tackle soaring price pressures in the economy. Only two of 65 economists polled expected the BoE to wait until September to cut rates instead of August.
The Telegraph
US financial firm emerges as serious Everton takeover contender despite 777 links
A financial group inextricably linked with failed Everton buyer 777 Partners is regarded by Farhad Moshiri as a serious takeover contender, Telegraph Sport understands.
Yahoo Finance
Inflation eases in May as consumer prices rise at slower-than-expected pace
May's CPI showed inflation is cooling, raising investor hopes for Fed rate cuts.
Bloomberg
British PC Maker Raspberry Pi Soars in London Trading Debut
(Bloomberg) -- British personal computer maker Raspberry Pi shares jumped on its first day as a public company, offering a boost to London’s struggling market for new stock listings. Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesPimco Warns of More Regional Bank Failures on Property PainStocks Rise as Solid Treasury Sale Spurs CPI Bets:
Fool.co.uk
Up 580% over 10 years but currently down 43%! Is this FTSE 100 stock worth my cash?
Our author thinks this FTSE 100 stock offers great value in a rebound moment. However, he wants to know if it's one of the best investments in the world. The post Up 580% over 10 years but currently down 43%! Is this FTSE 100 stock worth my cash? appeared first on The Motley Fool UK.
Fool.co.uk
Beware of value traps when it comes to dividend shares!
Some of the yields quoted for dividend shares can be misleading. But our writer thinks he’s found a steady and reliable income stock. The post Beware of value traps when it comes to dividend shares! appeared first on The Motley Fool UK.
Fortune
OpenAI’s Mira Murati fires back at Elon Musk for describing her company’s new partnership with Apple as ‘creepy spyware’
She said OpenAI cares "deeply about the privacy of our users and the safety of our products."
Yahoo Finance UK
How to invest in the Indian stock market
India’s stock market capitalisation topped $4.3tn to overtake Hong Kong as the world’s fourth-largest market.
Fool.co.uk
Down 17%, is National Grid’s share price a FTSE 100 bargain?
National Grid's share price has taken a battering following a multi-billion-pound rights issue and dividend rebasement. Is it now too cheap to ignore? The post Down 17%, is National Grid’s share price a FTSE 100 bargain? appeared first on The Motley Fool UK.
Fool.co.uk
Warren Buffett’s company has 50% of its portfolio invested in Apple! Should I do the same?
Warren Buffett is a big investor in Apple. But the company's growth might not be as high as over the last decade due to iPhone and AI concerns. The post Warren Buffett’s company has 50% of its portfolio invested in Apple! Should I do the same? appeared first on The Motley Fool UK.
PA Media: UK News
Reeves alleges £71bn black hole in Tory costings and ‘second mortgage bombshell’
Labour’s shadow chancellor accused Rishi Sunak of ‘cosplaying Liz Truss’ by making unfunded commitments.
Fool.co.uk
Passive income powerhouses! 3 FTSE stocks I’d consider buying for rising dividends
Our writer picks three under-the-radar UK shares that boast excellent records of returning increasing amounts of passive income to their owners. The post Passive income powerhouses! 3 FTSE stocks I’d consider buying for rising dividends appeared first on The Motley Fool UK.

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Company News For May 15, 2024

Latest stories

A FTSE 250 share I’d buy to target a 500% return!

Legal & General shares drop on $250 million buyback, merger of investment units

Dividend yields up to 11.1%: 3 FTSE 100 passive income shares to consider

One of Britain’s best-performing fund managers has been buying this FTSE 100 stock

FTSE 100 shares are rising but these 2 still look like great bargains!

It’s boom time for the lazy public sector – and we’ll all pay the price

After halving in value, I think this penny stock is ready for a comeback

An Obvious Reason Musk’s Pay Package Will Pass

Bank of England to cut rates in August, at least one more expected this year: Reuters poll

US financial firm emerges as serious Everton takeover contender despite 777 links

Inflation eases in May as consumer prices rise at slower-than-expected pace

British PC Maker Raspberry Pi Soars in London Trading Debut

Up 580% over 10 years but currently down 43%! Is this FTSE 100 stock worth my cash?

Beware of value traps when it comes to dividend shares!

OpenAI’s Mira Murati fires back at Elon Musk for describing her company’s new partnership with Apple as ‘creepy spyware’

How to invest in the Indian stock market

Down 17%, is National Grid’s share price a FTSE 100 bargain?

Warren Buffett’s company has 50% of its portfolio invested in Apple! Should I do the same?

Reeves alleges £71bn black hole in Tory costings and ‘second mortgage bombshell’

Passive income powerhouses! 3 FTSE stocks I’d consider buying for rising dividends