This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Rolls Royce surges on order pick-up despite halved divi
Proactive Investors – 11 Feb
http://www.proactiveinvestors.co.uk/companies/news/122469/rolls-royce-surges-on-order-pick-up-despite-halved-divi-122469.html
UPDATE 2-Rolls-Royce halves dividend after profit drop
Reuters / CNBC – 12 Feb
http://www.cnbc.com/2016/02/12/reuters-america-update-2-rolls-royce-halves-dividend-after-profit-drop.html
Rolls-Royce slashes its dividend for the first time in 24 years as engineer’s profits slump but share jump as it maintains guidance
This is Money – 12 Feb
http://www.thisismoney.co.uk/money/markets/article-3443683/Rolls-Royce-slashes-dividend-time-24-years-engineer-s-profits-slump-share-jump-maintains-guidance.html
La Bourse de Londres progresse, Rolls et les banques en forme
AFP/Romandie – 12 Feb
http://www.romandie.com/news/La-Bourse-de-Londres-progresse-Rolls-et-les-banques-en-forme/675940.rom
UK 100 lifted by oil price rally as global flight to safety continues after Asian stocks sink – live
Telegraph – 12 Feb
http://www.telegraph.co.uk/finance/economics/12151386/Hong-Kong-follows-global-rout-as-shares-plunge-live.html
Rolls-Royce soars after it slashes dividend but holds guidance
Telegraph – 12 Feb
http://www.telegraph.co.uk/finance/newsbysector/industry/12153274/Rolls-Royce-slashes-dividend-as-profits-fall.html
Rio Tinto slumps to loss and axes progressive dividend policy as miner feels the pinch from collapsing commodity prices
This is Money – 11 Feb
http://www.thisismoney.co.uk/money/markets/article-3441922/Rio-Tinto-slumps-loss-axes-progressive-dividend-policy-miner-feels-pinch-collapsing-commodity-prices.html
Rolls-Royce may cut its dividend – analysts
Proactive Investors – 11 Feb
http://www.proactiveinvestors.co.uk/companies/news/122449/rolls-royce-may-cut-its-dividend-analysts-122449.html
The Latest: Yen rises sharply, stoking talk of intervention
CNBC – 11 Feb
http://www.cnbc.com/2016/02/11/the-associated-press-the-latest-yen-rises-sharply-stoking-talk-of-intervention.html
Markets drop after Fed caution on more rate hikes
Proactive Investors – 11 Feb
http://www.proactiveinvestors.co.uk/companies/market_reports/122423/markets-drop-after-fed-caution-on-more-rate-hikes-122423.html
The Latest: Yen rises sharply, stoking talk of intervention
AP/Yahoo – 11 Feb
https://uk.finance.yahoo.com/news/latest-european-stocks-sink-tracking-091514238.html
Rio Tinto shares slump as company swings to annual loss due to low commodity prices
Int. Bus. Times – 11 Feb
http://www.ibtimes.co.uk/rio-tinto-shares-slump-company-swings-annual-loss-due-low-commodity-prices-1543197
UK Index sell-off reignites as banks and miners tumble
CityWire – 11 Feb
http://citywire.co.uk/money/UK Index -sell-off-reignites-as-banks-and-miners-tumble/a881747
Market turmoil: UK 100 hits lowest since July 2012 as rout deepens – business live
The Guardian – 11Feb
http://www.theguardian.com/business/live/2016/feb/11/market-turmoil-hong-kong-europe-UK Index -banks-yellen-live
UK Index clings to gains after Yellen hints at policy error
CityWire – 10 Feb
http://citywire.co.uk/new-model-adviser/news/UK Index -clings-to-gains-after-yellen-hints-at-policy-error/a881550
US markets open: Dow and Nasdaq rise as Janet Yellen says March rate hike remains on the cards
Int. Bus. Times – 1o Feb
http://www.ibtimes.co.uk/us-markets-open-dow-nasdaq-rise-janet-yellen-says-march-rate-hike-remains-cards-1543068
Market turmoil: Yellen warns global turbulence and China could hit growth – live
The Guardian – 10 Feb
http://www.theguardian.com/business/live/2016/feb/10/market-turmoil-australia-japan-UK Index -deutsche-bank-dow-live
Banking stocks are helping European markets surge for the first time in more than a week
Business Insider – 10 Feb
http://uk.businessinsider.com/european-stocks-rise-on-wednesday-morning-2016-2
The oil price is now hinged on a war of words
Hot Commodity – 10 Feb
http://www.hotcommodity.co.uk/2016/02/10/the-oil-price-is-now-hinged-on-a-war-of-words/http://uk.reuters.com/article/uk-britain-stocks-idUKKCN0VJ0S5
ARM Holdings sees profits jump, but shares still drop 5% on worries over global outlook
This Is Money – 10 Feb
http://www.thisismoney.co.uk/money/markets/article-3440124/Cambridge-based-chip-designer-ARM-Holdings-sees-profits-jump-shares-drop-5-worries-global-outlook.html
UK 100 surrenders gains after Fed fails to come to the rescue – live
Telegraph – 10 Feb
http://www.telegraph.co.uk/finance/economics/12149496/stock-markets-europe-banks-recession-crisis-crash-live.html
Apple at the core of semiconductor stocks woes
News.markets – 10 Feb
Too far too fast for Gold?
FX Street / Tip TV – 10 Feb
http://www.fxstreet.com/analysis/daily-interviews/2016/02/10/04/#.VrtBvEP7Mcc.twitter
ARM muscles past forecasts but shares hit by Apple worries
Digital look – 10 Feb
http://www.digitallook.com/news/news-and-announcements/arm-holdings-beats-forecasts-and-eyes-strong-2016-ahead–1029487.html
Financial stocks help UK Index to bounce back
Interactive Investor – 10 feb
http://www.iii.co.uk/news-opinion/reuters/news/294088
Arm profits and sales up as shift away from mobile gains pace
FT – 10 Feb
https://next.ft.com/content/3d33e000-cfcf-11e5-831d-09f7778e7377
Explainer Article: CDS spreads, CoCos and Deutsche Bank
News.markets – 10 Feb
Yellen’s testimony: analysts react
FT – 10 Feb
https://next.ft.com/content/a1713947-3d53-3645-aa1f-d46d5c32884f
The oil price is now hinged on a war of words
Hot Commodity – 10 Feb
www.hotcommodity.co.uk/2016/02/10/the-oil-price-is-now-hinged-on-a-war-of-words/
US markets open: Dow Jones and Nasdaq slide as oil prices resume decline
Int. Bus. times – 9 Feb
http://www.ibtimes.co.uk/us-markets-open-dow-jones-nasdaq-slide-oil-prices-resume-decline-1542843
Banking fears hit global markets: More pain for investors as London stock market slams into reverse and UK 100 hits lowest level since June 2012
This is Money – 9 Feb
http://www.thisismoney.co.uk/money/markets/article-3437391/London-shares-drop-2-7-global-stock-markets-pounding-investors-seek-solace-safe-havens.html
Worldpay Plunge Continues; Shares Now Cheap?
Dow Jones – 9 Feb
Shares in Worldpay continue to fall, down 4% to 265p after taking a pummelling, Monday. Worldpay is the latest victims of the global equity market rout, Accendo analyst Michael van Dulken says. The company, he adds, suffers as markets rapidly lose confidence in the ability of the banking sector to ride out slower growth and recession. Now close to levels not seen since its initial public offering in November, Mr. van Dulken says the company may represent a bargain for investors. Adam Laird of Hargreaves Lansdown said Monday that Worldpay’s drop stems from fears that the potential of recession may hit consumers.
Market turmoil: Nikkei plunges 5% as banks face ‘cocktail of risks’ – live
Guardian – 9 Feb
http://www.theguardian.com/business/live/2016/feb/09/market-turmoil-nikkei-plunges-european-stocks-germany-UK Index -live
UK 100 flops as investors search for safety
Marketwatch – 9 Feb
http://www.marketwatch.com/story/UK Index -100-flops-as-investors-search-for-safety-2016-02-09
Markets around Europe are tumbling on disappointing Chinese currency reserves
CityAM – 8 Feb
http://www.cityam.com/234047/markets-around-europe-are-tumbling-on-disappointing-chinese-currency-reserves
UK 100 movers: Randgold shines after results but ITV slumps on DB note
Digital Look – 8 Feb
http://www.digitallook.com/news/risers-and-fallers/UK Index -100-movers-randgold-shines-after-results-but-itv-slumps-on-db-note–1026815.html
European Markets See Sharp Slump, Asian Shares, US Stock Futures Down
Int. Bus Times – 8 Feb
http://www.ibtimes.com/european-markets-see-sharp-slump-asian-shares-us-stock-futures-down-2297835
Rolls-Royce shares plunge to five-year low on dividend fears
Telegraph – 8 Feb
http://www.telegraph.co.uk/finance/newsbysector/industry/12146195/Rolls-Royce-shares-plunge-to-five-year-low-on-dividend-fears.html
Gong Xi Fa Cai
Proactive Investors – 8 Feb
http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/24212/gong-xi-fa-cai-24212.html
Rolls-Royce shares drop as historic dividend cut in offing
News.markets – 8 Feb
UK Index hits three-year low, business confidence slumps
CityWire – 8 Feb
http://citywire.co.uk/money/UK Index -hits-three-year-low-business-confidence-slumps/a881018
Stocks slide to 15-month low as rate hike in focus
CNBC – 8 Feb
http://www.cnbc.com/2016/02/08/european-markets.html
Rolls Royce Drops; Dividend to be Cut? — Market Talk
Dow Jones – 8 Feb
Shares in Rolls Royce Holdings drop 3.8% to 509p, as investors fret about the possibility of a dividend cut. Accendo research head Michael van Dulken notes this would be the company’s first dividend cut in more than 20 years. Rolls-Royce has had to announce five profit warnings in less than two years amid a tough economic environment. “The sacred investor dividend is after all akin to a castle keep – a refuge of last resort to maintain shareholder interest and always defended to the very last,” says Mr. van Dulken.
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research
Comments are closed.