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BAE Up, Tesco Gains, Orsted Rises

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Manage episode 503714562 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:
- Defence stocks Rolls-Royce and BAE Systems are helping provide a sizeable boost to the FTSE 100 as trading gets underway.Norway has picked the UK as the supplier of frigates for its navy, in what would be the biggest ever investment in the Nordic country’s defense. It would also support 4,000 jobs in the UK, more than half of them at BAE Systems' Glasgow shipyards.
- The growth outlook for Tesco remains intact, JPMorgan writes in note as it places the retailer on a positive catalyst watch ahead of first-half earnings on Oct. 2.
- Orsted shares gain as much as 4.7% after Equinor decided to support the proposal to strengthen the offshore wind company’s balance sheet. Meanwhile, BofA cut its price target on Orsted to a new street low citing US uncertainty.

See omnystudio.com/listener for privacy information.

  continue reading

906 episodes

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BAE Up, Tesco Gains, Orsted Rises

Stock Movers

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Manage episode 503714562 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:
- Defence stocks Rolls-Royce and BAE Systems are helping provide a sizeable boost to the FTSE 100 as trading gets underway.Norway has picked the UK as the supplier of frigates for its navy, in what would be the biggest ever investment in the Nordic country’s defense. It would also support 4,000 jobs in the UK, more than half of them at BAE Systems' Glasgow shipyards.
- The growth outlook for Tesco remains intact, JPMorgan writes in note as it places the retailer on a positive catalyst watch ahead of first-half earnings on Oct. 2.
- Orsted shares gain as much as 4.7% after Equinor decided to support the proposal to strengthen the offshore wind company’s balance sheet. Meanwhile, BofA cut its price target on Orsted to a new street low citing US uncertainty.

See omnystudio.com/listener for privacy information.

  continue reading

906 episodes

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