NEARLY �4billion was added to the market value of Lloyds Banking Group yesterday as its improved financial strength and 21 per cent jump in quarterly profit raised hopes for higher dividend payouts.
Twitter needs to change the way it thinks about generating revenue. The other option is to watch the valuation shrink. That would be bad for Chief Executive Dick Costolo, who has overseen quarter after quarter of disappointing results.
And Warren Buffett has warned that stock prices will appear expensive if interest rates increase from their current ultra-low levels.
THE FTSE 100 drinks giant Diageo is poised for a shake-up with the sale of parts of its wine division, maker of popular brands such as Piat d'Or and Blossom Hill.
Alexis Tsipras, Greece's Prime Minister, is hopeful that his country will be able to reach an agreement with its creditors. Bloomberg.