Rightmove Shares Leap On Murdoch-Backed Takeover Bid
Shares in Rightmove (RMV) leapt 25% this morning on the news that a Murdoch-owned Australian property giant is considering a takeover bid for the British property website. In a statement…
European PE Firms: Moaty and Profitable, But Expensive
We initiate coverage with narrow moat ratings on all three major European-based private market firms: CVC Capital Partners PLC (CVC), EQT AB (EQT), and Partners Group Holdings (PGHN) AG. We…
Best- and Worst-Performing UK Stocks of August 2024
The Morningstar UK Large-Mid Cap Index rose 0.9% in August amid a rally in the healthcare sector. The large-mid index tracks the performance of the top 90% of the UK…
Dividend Watch: Schroders is Undervalued, But Still Looking For a Boss
Christopher Johnson: Welcome to Dividend Watch, my name is Christopher Johnson. The UK’s largest asset manager, Schroders, is still on the hunt for a successor for its top job. In…
The peak interest rate era is over. Here’s what investors are watching
A trader works on the floor of the New York Stock Exchange on Aug. 23, 2024. Bloomberg | Bloomberg | Getty Images Central banks around the world are set to…
About 10,000 U.S. hotel workers strike as contract talks break down
The Hyatt Regency Washington on Capitol Hill is seen on August 21, 2024 in Washington, DC. Anna Rose Layden | Getty Images Some 10,000 U.S. hotel workers began a multi-day…
Has Boeing shaken your confidence to fly? A new MIT study could restore it
Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight. But now, more are looking at a new factor: the aircraft…
‘Reacceleration ahead’: Bank of America names global tech stocks to buy — predicting growth in the second half
Bank of America analysts painted an optimistic picture for a handful of European technology stocks, forecasting an acceleration in growth during the latter half of this year. Despite a challenging…
NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off
Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics coverage on August 04, 2024 in Paris, France. Kristy Sparow | Getty Images Comcast’s NBCUniversal has a longstanding…
These 10 restaurant chains filed for bankruptcy this year
The Red Lobster logo is displayed outside of a closed restaurant in Torrance, California, on May 14, 2024. Patrick T. Fallon | Afp | Getty Images Restaurant bankruptcy filings have…