Susannah Streeter
- Banking
Stock Spotlight: Birkenstock steps into uncertainty as expectations run high
The 250-year-old German sandal maker publicly listed on 11 October 2023 and on its first day, shares opened 11% below…
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FCA clamps down on marketing of cryptoassets
From 8 October 2023, firms marketing cryptoassets to UK consumers will need to introduce a 24-hour cooling-off period for first…
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Stock Spotlight: Uber set for a smoother ride after bucking pandemic era headwinds
From a weak 2021/22 period, which saw the company’s shares sell off significantly, the stock has risen more than 28%…
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Contagion is ‘spreading’ from banking to real economy
In the week to 20 March, several FTSE 100 companies reported significant drops, according to data from Morningstar. While it…
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Stock Spotlight: ‘Tesla stock should be avoided’
Dan Brocklebank, UK director of Orbis Investments, said Tesla’s tumbling share price was due to “gravity”, as the high liquidity…
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Stock Spotlight: Manchester United strikes success after sale fielded
“Speculation saw shares shoot up like a rocket and confirmation from the club prompted another lift off, but they dropped…
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Stock Spotlight: Wizz Air remains firmly grounded as sky-high fuel costs take toll
Wizz Air shares are down 56% year to date, while other budget airlines, such as easyJet and Ryanair, have seen…
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A ‘waste of dollar capital’? Elon Musk buys Twitter for $44bn
Yesterday evening (25 April), the Tesla founder’s offer to purchase the entirety of the company was accepted by its board,…
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Ethics called into question at P&O Ferries after ‘brutal’ mass sackings
The move – which has been called an ESG “nightmare” – has put the company’s ethics into question, while some…
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Editor’s letter: Feeling the squeeze
During the second half of last year, the term ‘stagflation’ reared its head among the asset management industry for the…
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