Company News for May 30, 2024

The Telegraph
British couple become wealthier than Larry Fink after £2.5bn BlackRock deal
A husband and wife duo who built an outdoor theatre on the grounds of their Suffolk farm estate have been catapulted into Britain’s rich list after netting £2bn from the sale of their financial data business.
SWNS
Family with £62k income using Klarna for food shop due to cost of living crisis
A mum-of-five with a £62k household income has resorted to using Klarna to afford her food shop - due to the cost-of-living crisis. Laura Caine, 40, struggles to cover her family's monthly outgoings using her £1k-a-month universal credit payment and her husband Martin's £50k games programmer salary. The couple have five children - aged 18 to nine - and say feeding the brood three meals a day gets expensive so they have had to use the buy-now-pay-later service. In recent months Laura says she had to use Klarna to afford groceries as she "can't afford" to pay for a big shop upfront. Laura claims both she and Martin have both maxed out their credit cards after their energy bill shot up to £450-a-month from £200.
The Northern Echo
Universal Credit warning to thousands as 180,000 have benefits stopped
Households who receive six legacy benefits set to be replaced by Universal Credit have been issued a warning as they risk having their benefits stopped
Fool.co.uk
A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss?
This FTSE 100 insurance and investment firm has one of the highest yields in the index, looks set for stellar growth, and appears undervalued to me. The post A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss? appeared first on The Motley Fool UK.
The Telegraph
Major banks slash mortgage rates as Labour victory looms
Three major lenders have cut mortgage rates ahead of an expected Labour victory this week.
The Telegraph
This tax has been tinkered with for 60 years – please Labour, leave it alone
Every chancellor wants to make their mark on history, particularly following a change in colour of the Government.
Benzinga
Warren Buffett's Weekly Dividend Earnings Exceed $47 Million: The Top 3 Stocks Driving His Wealth
American business owner Warren Buffett, founder of multinational conglomerate holding company Berkshire Hathaway, collects $2.1 billion in dividends from just three stocks. Here are the three stocks driving his growing wealth. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you
Reuters Videos
Airbus jet deliveries rise, but headwinds mount
STORY: Airbus delivered more jets over the first half of the year, but it's battling mounting headwinds. Industry sources estimate the aerospace giant handed over about 323 new aircraft. That would be up about 2% on last year, with official figures expected next week. But the sources estimate deliveries fell short of targets in June. That would tally with a warning from Airbus last week that it was cutting its goals for the year. It now aims to deliver 770 jets, instead of the 800 initially planned. The firm cited a shortage of engines, structural parts and interiors. As a result it put back plans to raise output of its best-selling A320neo family of jets. It still expects to hit a record rate of 75 per month, but not until 2027 - a year later than expected. Right now it makes 50 per month. There was no comment on the latest reports from Airbus. But some analysts are already cutting their forecasts for its output next year.
The Telegraph
How Britain’s wealthiest savers are preparing for a Labour government
As Conservative grandees fret about a Labour “forever government” after this week’s election, Britain’s most affluent savers and investors are busy making the most of tax reliefs while they still can.
Fool.co.uk
Hidden potential: could this UK-listed growth stock be the next Nvidia?
Based in Canada but listed in London, I think up-and-coming chip designer could be the next big thing to drive AI adoption in the UK. The post Hidden potential: could this UK-listed growth stock be the next Nvidia? appeared first on The Motley Fool UK.
Fool.co.uk
Could the BAE Systems share price be about to collapse?
The BAE Systems share price has pulled back by 8% over the past month. Our writer considers whether this may be the start of a bigger trend. The post Could the BAE Systems share price be about to collapse? appeared first on The Motley Fool UK.
Fool.co.uk
2 boring yet consistent dividend shares investors should consider buying in July
Some dividend shares offer the potential for regular returns, with a good record and bright future prospects. The post 2 boring yet consistent dividend shares investors should consider buying in July appeared first on The Motley Fool UK.
Business Insider
Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
Barrons.com
Bitcoin and Ether Are Dropping. This Is the Price Level to Watch for a New Rally.
The two cryptocurrencies were down in early trading Tuesday. Investors are anticipating the next wave of exchange-traded funds.
Fool.co.uk
2 shares I’d give a wide berth to in today’s stock market
The UK stock market is brimming with promising long-term investment opportunities. But I wouldn’t say that these two shares are the ones. The post 2 shares I’d give a wide berth to in today’s stock market appeared first on The Motley Fool UK.
Fool.co.uk
This Mexican billionaire thinks the BT share price is cheap!
Our writer thinks the BT share price could go higher, but wishes he'd bought the stock before Carlos Slim pushed the price upwards. The post This Mexican billionaire thinks the BT share price is cheap! appeared first on The Motley Fool UK.
Yahoo Finance UK
What a Labour election win could mean for investors
Tax, economy and the stock markets — how the UK's financial compass may change under a Starmer government.
Manchester Evening News
HMRC could cut benefits for thousands at risk of missing July deadline
HM Revenue and Customs (HMRC) said the vast majority of Tax Credit claims will be automatically renewed but some will need to act
Barrons.com
Boeing Rival Airbus Won a Big Order. This Is Why the Stock Is Dropping.
Cebu Pacific is buying up to 152 Airbus planes. That would be worth about $24 billion based on list prices.
Fool.co.uk
Should I buy Ocado shares after a 90% drop?
Ocado shares have taken a huge hit over the last three-and-a-half years, losing around 90% of their value. Should Edward Sheldon buy them now? The post Should I buy Ocado shares after a 90% drop? appeared first on The Motley Fool UK.

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Company News for May 30, 2024

Latest stories

British couple become wealthier than Larry Fink after £2.5bn BlackRock deal

Family with £62k income using Klarna for food shop due to cost of living crisis

Universal Credit warning to thousands as 180,000 have benefits stopped

A 9.9% dividend yield! Is this hidden FTSE passive income gem too good to miss?

Major banks slash mortgage rates as Labour victory looms

This tax has been tinkered with for 60 years – please Labour, leave it alone

Warren Buffett's Weekly Dividend Earnings Exceed $47 Million: The Top 3 Stocks Driving His Wealth

Airbus jet deliveries rise, but headwinds mount

How Britain’s wealthiest savers are preparing for a Labour government

Hidden potential: could this UK-listed growth stock be the next Nvidia?

Could the BAE Systems share price be about to collapse?

2 boring yet consistent dividend shares investors should consider buying in July

Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says

Bitcoin and Ether Are Dropping. This Is the Price Level to Watch for a New Rally.

2 shares I’d give a wide berth to in today’s stock market

This Mexican billionaire thinks the BT share price is cheap!

What a Labour election win could mean for investors

HMRC could cut benefits for thousands at risk of missing July deadline

Boeing Rival Airbus Won a Big Order. This Is Why the Stock Is Dropping.

Should I buy Ocado shares after a 90% drop?