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While those at the top of the tree are generating serious cash flow from the Permian and other onshore regions, that is not the case across the board. The Baker Hughes (US:BKR) rig count shows a drop ...
Funds with a contrarian approach can spend years in the doldrums before finally coming good. We’ve seen some of that this year, especially with the strong returns of global equity funds that have held ...
Action from regulators addresses his popular fund being shuttered and trapping investors’ savings in June 2019 ...
Gattaca (GATC: 96p), the specialist science, technology, engineering and mathematics (Stem) recruitment group, has outperformed earnings guidance and made a small bolt-on acquisition.
‘Wealth tax’ (just like ‘working people’) is a politically loaded term that is difficult to pin down. The UK already has a lot of wealth - related taxes. Inheritance tax hits transfers of wealth, ...
Silver miner Fresnillo (FRES) reported free cash flow five times that of the year before, at just over $1bn (£750mn), thanks to the record gold prices and higher silver prices in the first half. The ...
This was a critical moment for the company as the Triton floating production, storage and offloading (FPSO) vessel remained offline in the first half of Serica’s financial year, which put a ...
Last summer, Starbucks hired Chipotle’s chief executive Brian Niccol to turn the company around. After a few years of underperformance, the coffee chain decided that new leadership was needed.
Shell (SHEL) went the other way, allowing the underfire BP to make back some ground in valuation terms. The company has also announced a new strategic review just months after chief executive Murray ...
But the Trump playbook has proved effective as the UK and the EU have failed to retaliate seriously, with only China and Canada making a stand. This has meant Trump has raised $50bn (£37.6bn) of extra ...
It’s valued at less than 3 times cash profit to enterprise valuation, but directors have a plan to return to profitable growth ...
Tesla just signed a contract with Samsung to make its AI chips, as it looks for alternative suppliers to the Taiwanese giant ...
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