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Edison

January 29, 2020

UK Sparks: Vodafone Sells Egypt Stake For $2.39bn

Vodafone Group has agreed to sell a 55% stake in its Egyptian subsidiary to Saudi Telecom Company for $2.39bn in cash. Chief executive Nick Read says the disposal is in line with efforts to simplify the group into the two regions of Europe and sub-Saharan Africa. He says it will reduce net debt and “unlock value” for shareholders.

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Finimize

January 28, 2020

Sorry, We’re Closed

Investors ditched their stocks on Monday, as the deadly coronavirus continued to disrupt the Chinese – and global – economy.

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Invesco US

January 28, 2020

Assessing the Market Impact of The Wuhan Coronavirus

The outbreak of novel coronavirus in Wuhan, China, and in pockets around the world has garnered significant public concern, and the global financial market is on edge. We have received numerous questions about the potential impact to investors and how the economic effects of the coronavirus might compare to past outbreaks such as the spread of SARS (Severe Acute Respiratory Syndrome) in 2003.

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AlphaCentric Funds

January 28, 2020

A Look into GEA Group

GEA provides sustainable solutions for sophisticated production processes in diverse end-user markets and offers a comprehensive service portfolio. The company is listed on the German MDAX, the STOXX Europe 600 Index and selected MSCI Global Sustainability Indexes.

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The Hammerstone Group

January 28, 2020

Early Look: Tuesday, January 28, 2020

U.S. stocks futures are pointing to a slightly higher open, looking to erase the 2-day losing streak that has seen some stocks erase YTD gains as concern over the impact of the deadly coronavirus that originated in China rattled investors.

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Edison

January 28, 2020

UK Sparks: Crest Nicholson Profits Tumble 39%

Housebuilder Crest Nicholson Holdings has laid out “five strategic priorities” to turn itself around after posting a 39% fall in pre-tax profits from £169m to £103m. The company plans to increase annual home completions from 2,912 to 3,500 over the next three years. It says it is seeing “some encouraging signs” in the UK housing market, with visitor numbers up at its development sites.

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