Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Great results
Hello.kitty says hold Yoda
https://www.bloomberg.com/news/articles/2024-04-25/barclays-stock-trading-revenue-beats-estimates-buoying-results
Please do your own research as always and always follow FCA guidelines
BBC News - Ocado warns M&S of legal action over food deal
https://www.bbc.co.uk/news/business-68433637
Please do your own research as always and always follow FCA guidelines.
Please do your own research as always and always follow FCA guidelines.
BBC News - Ocado warns M&S of legal action over food deal
https://www.bbc.co.uk/news/business-68433637
Please do your own research as always and always follow FCA guidelines.
Standard Chartered is often subject to bid rumours. If a big US bank wanted to have a footprint across Asian markets, they could buy Standard Chartered and even its chief executive officer (CEO) admits that its share price has been crap
Hello Kitty says Hodl.
Please do your own research as always and always follow FCA guidelines
Https://www.theguardian.com/uk-news/2024/feb/27/former-ba-employee-allegedly-orchestrated-3m-immigration-scam-from-heathrow-check-in-desk
This will have a big fine.
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If you would like the Divi 5.3 pence you have to buy today or hold Tomorrow they go ex divi.
That's why the G-Y bears shorts are buying back today otherwise they have to pay the divi to owner.
Please do your own research as always and follow FCA guidelines.
Good morning G-Y Bears doomed to failure.
Great news Hello Kitty say s Hodl.
Https://www.cityam.com/lloyds-announces-record-annual-profits-and-announces-bumper-shareholder-returns-but-expects-motor-finance-probe-hit/
Lloyds announces record annual profits and bumper shareholder returns
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Short G-Y Bears doomed to failure.
Hello Kitty says Hodl.
Https://www.cityam.com/barclays-chief-cs-venkat-we-are-creating-a-simpler-better-more-balanced-bank/
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Barclays unveils plan to return £10bn to shareholders and cut £2bn in costs by 2026
https://www.cityam.com/barclays-sweeping-restructuring-weighs-on-profits-as-investors-await-marathon-strategy-update/?utm_source=CityAM&utm_campaign=14c348234f-EMAIL_CAMPAIGN_2024_02_20_10_59&utm_medium=email&utm_term=0_-14c348234f-%5BLIST_EMAIL_ID%5D
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Hello Kitty says Hodl.
G-Y Bears fcked today.
Performance Highlights
In 2023 Barclays delivered a return on tangible equity (RoTE) of 10.6% excluding Q423 structural cost actions1, with total capital distributions of £3.0bn2, equivalent to c.19.4p per share
C. S. Venkatakrishnan, Group Chief Executive, commented
"In 2023 Barclays delivered solid performance against a mixed macroeconomic backdrop, meeting its financial targets. Our strong 13.8% Common Equity Tier 1 (CET1) ratio enables us to deliver increased total capital distributions of £3.0bn to shareholders, up c.37% on 2022, which includes a further share buyback of £1.0bn. Our new three-year plan, which we will be announcing at the Investor Update today, is designed to further improve Barclays' operational and financial performance, driving higher returns, and predictable, attractive shareholder distributions"
•Group FY23 RoTE of 10.6% and earnings per share (EPS) of 32.4p, excluding £0.9bn of Q423 structural cost actions
•Total capital distributions of £3.0bn announced in relation to 2023, up c.37% on 2022, reflecting a total dividend of 8.0p and total share buybacks of £1.75bn for 2023. This includes our intention to initiate a further share buyback of up to £1.0bn
•Group net interest income (NII) of £12.7bn, up 20% year-on-year, with Barclays UK NII of £6.4bn, up 9% year-on-year, delivering a Barclays UK net interest margin (NIM) of 3.13%
•Group cost: income ratio of 63% excluding Q423 structural cost actions
•Group FY23 loan loss rate (LLR) of 46bps
•CET1 ratio of 13.8% and tangible net asset value (TNAV) per share of 331p
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Wow shorts G-Y Bears so doomed to failure and desperate
Hello Kitty says Hodl.
Barclays 9 billion reward for investors.
Https://www.thetimes.co.uk/article/barclays-eyes-9bn-reward-for-investors-lbk7v7g7m
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Big G-Y bears fcked big time today.
Hello Kitty says Hodl.
Sales increased across nearly all retail sectors, and it was a particularly strong month for supermarkets. A fall in prices at the pump also meant a solid month for fuel sales.
"Clothing shops were the only area not to see growth this month."
Capital Economics said: "Overall, today's release was stronger than expected and suggests the drag from higher interest rates on consumer spending is fading fast and points to the economy soon moving out of recession. As a result, after a depressing 2023 for retailers, a better year should be in store in 2024."
Big G-Y bears fcked big time today.
Hello Kitty says Hodl.
Sales increased across nearly all retail sectors, and it was a particularly strong month for supermarkets. A fall in prices at the pump also meant a solid month for fuel sales.
"Clothing shops were the only area not to see growth this month."
Capital Economics said: "Overall, today's release was stronger than expected and suggests the drag from higher interest rates on consumer spending is fading fast and points to the economy soon moving out of recession. As a result, after a depressing 2023 for retailers, a better year should be in store in 2024."
Stocks to watch
NatWest Bank reported a 20% rise in operating profit and confirmed Paul Thwaite as chief executive on a permanent basis. The bank on Friday said 2023 operating profit came in at £6.1bn. Total income rose to £14.7bn, up from £13.1bn a year earlier. Thwaites had been given a one-year contract last July after the departure of his predecessor Alison Rose, who resigned after she broke client confidentiality in relation to the closure of hard-right political activist Nigel Farage account with NatWest's Coutts banking unit.
TBC Bank Group reported significant increases in net interest income, of 26.8%, and net fee and commission income, of 27.8%, in its full-year results on Friday, leading to total operating income of GEL 2.37bn (£0.71bn), up 14.6%. Despite a 36% increase in its total credit loss allowance and a 24.2% rise in operating expenses, the bank still achieved a profit before tax of GEL 1.33bn, up 7%. After a 20.3% fall in income tax expenses, the bank reported a profit for the period of GEL 1.14bn, up 13.6% year-on-year.
Please do your own research as always and follow FCA guidelines.
Stocks to watch
NatWest Bank reported a 20% rise in operating profit and confirmed Paul Thwaite as chief executive on a permanent basis. The bank on Friday said 2023 operating profit came in at £6.1bn. Total income rose to £14.7bn, up from £13.1bn a year earlier. Thwaites had been given a one-year contract last July after the departure of his predecessor Alison Rose, who resigned after she broke client confidentiality in relation to the closure of hard-right political activist Nigel Farage account with NatWest's Coutts banking unit.
TBC Bank Group reported significant increases in net interest income, of 26.8%, and net fee and commission income, of 27.8%, in its full-year results on Friday, leading to total operating income of GEL 2.37bn (£0.71bn), up 14.6%. Despite a 36% increase in its total credit loss allowance and a 24.2% rise in operating expenses, the bank still achieved a profit before tax of GEL 1.33bn, up 7%. After a 20.3% fall in income tax expenses, the bank reported a profit for the period of GEL 1.14bn, up 13.6% year-on-year.
Please do your own research as always and follows FCA guidelines.
Wow shorts G-Y Bears fcked today
Hello Kitty says Hodl.
Https://www.cityam.com/natwest-records-jump-in-profit-and-hikes-dividend-as-bank-benefits-from-higher-rates/
Natwest records jump in profit and hikes dividend as bank benefits from higher rates
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Fun fact great news.
BBC News - UK inflation unchanged, staying at 4% - BBC News
Jttps://www.bbc.co.uk/news/live/business-68290851
Please do your own research as always and always follow FCA guidelinesFun fact great news.
BBC News - UK inflation unchanged, staying at 4% - BBC News
Https://www.bbc.co.uk/news/live/business-6829085
Please do your own research as always and always follow FCA guidelines