|Bid||207.80 x 0|
|Ask||207.90 x 0|
|Day's range||206.90 - 211.50|
|52-week range||185.90 - 268.20|
|Beta (5Y monthly)||0.80|
|PE ratio (TTM)||24.06|
|Earnings date||24 Mar 2020|
|Forward dividend & yield||0.11 (5.09%)|
|Ex-dividend date||03 Oct 2019|
|1y target est||269.15|
These two FTSE 100 dividend stocks could smash the performance of gold and Bitcoin over the long term, says Rupert Hargreaves. The post Forget gold and Bitcoin! I'd buy these 2 FTSE 100 dividends stocks yielding 5% appeared first on The Motley Fool UK.
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London's main share index advanced on Thursday as chances of a full-blown crisis in the Middle East waned, but mid-caps lagged as SIG and Marks and Spencer fell after warning of lower annual results. The FTSE 100 rose 0.3% on its best day in a week after U.S. President Donald Trump stepped back from more military action against Iran and Tehran signalled an end to retaliation. "It looks like the shooting war is over for now, but there is always the potential for escalation at any point," Markets.com analyst Neil Wilson said.
(Bloomberg) -- Carlos Ghosn’s stunning escape from Japan makes him one of the most famous white-collar fugitives in recent years, joining the likes of Malaysian businessman Jho Low and Indian tycoon Vijay Mallya.The former head of Nissan Motor Co. and Renault SA, who was facing trial for financial crimes, defended his move to Lebanon by saying in a statement he’ll “no longer be held hostage by a rigged Japanese justice system.”It’s unclear how Ghosn escaped as he’s been under house arrest and close surveillance since being granted bail in April following his initial arrest in November 2018. He’s a citizen of Lebanon, which doesn’t have an extradition treaty with Japan, and is held in high esteem there. He also holds Brazilian and French citizenship. Ghosn’s lawyer Junichiro Hironaka said his legal team has all of his passports, adding that it’s likely he entered his ancestral home country using a different name.Here’s a look at some high-profile fugitives from the business world in recent years.Jho LowMalaysia is still trying to bring in Low Taek Jho, known as Jho Low, the alleged mastermind behind the siphoning of billions of dollars from state-owned investment fund 1MDB. The scandal led to Prime Minister Najib Razak losing a 2018 election, ending 61 years of his party’s rule, and has entangled individuals and businesses far and wide, including Goldman Sachs Group Inc.Jho Low has denied wrongdoing and said that he wouldn’t get a fair trial in Malaysia.Malaysian authorities last week complained about a lack of cooperation from other countries in their search for Jho Low. In September, Inspector-General Abdul Hamid Bador said the financier was in a jurisdiction that has an extradition treaty with Malaysia and talks were being held with a party suspected of protecting him.Marc RichThe commodities trader fled to Switzerland hours before being indicted in 1983 on more than 50 counts of wire fraud, racketeering, trading with Iran during an embargo, and evading more than $48 million in U.S. income taxes. The charges stemmed from a multimillion-dollar chain of U.S. crude-oil deals that roiled the global petroleum industry in the early 1980s.The businessman was celebrated for inventing the spot-oil market before becoming one of the most wanted white-collar fugitives in American history for 17 years. After leaving the U.S., he founded a commodities trading company that became the forerunner of today’s Glencore Plc.Marc Rich, Fugitive Commodities Trader in 1980s, Dies at 78 On the last day of his presidency in January 2001, Bill Clinton pardoned Rich, who repeatedly maintained his innocence. Rich died in 2013.Christopher SkaseThe entrepreneur died in Majorca in 2001, a decade after fleeing Australia as his media and hotel empire Qintex Australia Ltd. collapsed. The businesses included Seven Network Australia Ltd., the country’s second-largest television network.Skase successfully fought bids to extradite him to Australia. An order to expel him was in place but suspended by the Spanish government a month before he died of cancer at the age of 52.Vijay MallyaThe so-called King of Good Times has been subject to extradition efforts by Indian authorities for years. Mallya is based in London, where this month he was taken to court by a dozen state-owned Indian banks petitioning for him to be declared bankrupt over 1.15 billion pounds ($1.5 billion) in unpaid debts.Mallya’s business interests stretched from liquor to motor racing to airlines. He was the founder of the now defunct Kingfisher Airlines Ltd.Nirav ModiThe celebrity jeweler was arrested in London in March for allegedly defrauding Punjab National Bank of $2 billion. He was denied bail due to “substantial risks” he’d flee the country to avoid extradition to India.(Updates sixth paragraph with statement on Jho Low. An earlier version was corrected to remove a reference to Jerome Kerviel.)\--With assistance from Enda Curran, Paul Geitner and Sam Nagarajan.To contact the reporter on this story: Will Davies in Hong Kong at email@example.comTo contact the editors responsible for this story: Young-Sam Cho at firstname.lastname@example.org, Frank Connelly, Rebecca PentyFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
These two FTSE 100 (INDEXFTSE:UKX) stocks appear to offer superior income returns compared to buy-to-let properties.
* FTSE 100 slides 1.1% Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Anyhow, as the season for 2020 outlooks gets in full swing, the theme of fiscal stimulus becoming next year's game changer is clearly gaining momentum in the overall narrative. "If fiscal policymakers get in the game and our positive outlook for increased fiscal easing plays out, we would anticipate a resurgence for cyclicals", NN Investment Partners analysts wrote in their outlook.
(Bloomberg Opinion) -- In the malaise of Brexit, Brits have been drowning their sorrows in gin and tonic. And rather than do it themselves, they’ve continued to call on the local handyman, fondly referred to as the white van man, to fix their bathroom taps.There were signs on Wednesday that that’s beginning to change.Fevertree Drinks Plc, maker of what Tatler magazine dubbed the ultimate mixers, said sales would be lower than expected this year while British home-improvement retailer Kingfisher Plc, owner of B&Q chain, said its third quarter was disappointing. Sales are even slowing at the previously fast-growing Screwfix, which primarily serves building professionals such as plumbers.They are not the only ones to bemoan the state of the British consumer.Both online appliance and electronics retailer AO World Plc and clothing and food stalwart Marks & Spencer Group Plc have cautioned that shoppers are behaving as if they are in a recession, despite wage growth running ahead of inflation and strong employment.For Fevertree, which rode the cocktail craze, the about turn has been particularly abrupt. Its shares reached an all-time high of almost 40 pounds in October last year on back of the gin boom. Up until this year, this had prompted the group to repeatedly increase its sales and profit forecasts.But fears have been mounting that we have reached “peak gin” with the shares almost halving from their high to about 21 pounds.Brits are still drinking when they go out to bars and clubs, but they’re not filling their shopping carts with the making for DIY cocktails. Part of the weakness is due to the comparison with summer 2018, when Britain was basking in a heatwave and enjoying a boost from England’s ride to the semi-finals of the World Cup soccer tournament.But it also reflects a more cautious consumer. With fewer reasons this year for a drink at home, more careful Brits don’t need as many mixers. And when they do have a tipple, they may choose a cheaper option than a pricey one made by Fevertree. That is not helped by increased competition such as a new premium mixer range from Schweppes, nor a general tendency by grocers to offer more promotions and discounts.Trading at Britain’s supermarkets has been subdued. While clothing retailers may have seen some revival in demand thanks to much colder weather than a year ago, that hasn’t been the case at the grocers. Supermarket sales were sluggish in October, according to data provider Kantar.Much will now depend on the crucial Christmas trading period. This year looks particularly challenging, given the uncertainty surrounding Brexit and the forthcoming general election, scheduled smack dab at the height of the holiday shopping season.As for Fevertree, with the slowdown in the U.K., it is under more pressure to develop its business in the U.S. The company forecasts that sales there will rise 34% this year. With the U.K. still accounting for about half of group revenue, clearly this is not enough to offset the domestic weakness.Even with the sell-off over the past 12 months, the shares still trade on a forward price-earnings ratio of over 30, an about 50% premium to the Bloomberg Intelligence global valuation peer group. Fevertree sees the slow-down in its home market as a short-term blip. But with such a fizzy valuation, there’s not much scope for further disappointment.It could be a dry January in more ways than one.To contact the author of this story: Andrea Felsted at email@example.comTo contact the editor responsible for this story: Melissa Pozsgay at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
* STOXX 600 down 0.6% at two-week low Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. "Everyone knows a bloke called Dave," was how British television channel UKTV justified its decision to name its newly launched channel with that moniker in 2007. New research by Morningstar has found there are more men called Dave running UK-listed investment funds than the total number of female fund managers.
European shares logged their worst day in three weeks on Wednesday on mounting worries that rising U.S.-China tensions could take a toll on trade negotiations between the two countries. "This deal is so not even there...there's a good reason it could fall through altogether," said Tom Martin, portfolio manager at Globalt in Atlanta. Expectations that the world's top two economies would strike a trade deal have been instrumental in driving the STOXX 600 to a four-year peak.
A drop in oil prices, poor U.S. retail earnings, declining Japanese exports and an equivocal reaction to the UK election’s first live TV debate all added to a note of caution on Wednesday. The ebb and flow of optimism about a trade agreement between Washington and Beijing has become a fact of life, but sentiment surrounding the negotiations still packs a punch – not least with markets "priced for perfection" the way they have been and the assumption that a global recession will be avoided next year only with a significant truce. The latest obstacle to a deal is the U.S. Senate’s approval on Tuesday of a bill supporting human rights in Hong Kong amid a crackdown on a pro-democracy protest movement there – a decision that drew angry condemnation from Beijing.
The new boss of Kingfisher criticised the British home improvement group's "organisational complexity" as it reported a worsening decline in quarterly sales, underlining the uphill task he faces to stem falling profits. Kingfisher shares slumped as much as 9.3% after its trading update and as Carrefour veteran Thierry Garnier, who succeeded Véronique Laury as chief executive in September, outlined major problems that need to be addressed. The group, whose main businesses are B&Q and Screwfix in Britain and Castorama and Brico Depot in France, said like-for-like sales fell 3.7% in its third quarter to Oct. 31.
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...