Tag Archives: shares

UniCredit shares soar on plan to raise billions

Image copyright Getty Images Shares in UniCredit have jumped almost 15% after Italy’s biggest bank said it would raise €13bn (£10.9bn) and cut 14,000 jobs to restore its fortunes. The bank plans to use the record rights issue to help remove almost €18bn of bad debt from its balance sheet …

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FTSE 100 falls despite boost for oil shares

Image copyright Getty Images The London market slid despite shares in oil companies being boosted by a jump in oil prices. The FTSE 100 started the day higher, but by the close, the index was down 63.79 points at 6,890.42. The fall came despite oil majors BP and Royal Dutch …

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Lockheed Martin shares suffer after Trump F-35 tweet

Image copyright Getty Images Shares in Lockheed Martin have fallen after President-elect Donald Trump said he would cut the cost of its F-35 Joint Strike Fighter after taking office. He tweeted: “F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and …

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Pandora shares up 11% on acquisition report

Internet radio pioneer Pandora, saw its shares jump over 11% on Friday to $12.77, amid renewed acquisition speculation. A report from CNBC indicated that Pandora and SiriusXM are expected to discuss a possible purchase. The story cautions that there is “no assurance” that Pandora will reach a deal with SiriusXM …

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