USS pension fund investor Thames Water will be questioned by the watchdog over the stock

USS pension fund investor Thames Water will be questioned by the watchdog over the stock

Receive free Utilities updates We’ll send you one myFT Daily Digest latest roundup email necessity news every morning. Britain’s largest pension scheme will face questions from regulators over its investment in Thames Water, the troubled utility. A meeting between the Pension Regulator and the £90 billion University Superannuation Scheme, which is one of the largest … Read more

Investors spend $200 million on ‘worthless’ Bed Bath & Beyond stock

Investors spend $200 million on 'worthless' Bed Bath & Beyond stock

Receive free Retail trading updates We’ll send you one myFT Daily Digest latest roundup email Retail trade news every morning. Investors have spent nearly $200 million trading theoretically worthless shares in Bed Bath & Beyond since the home-appliance retailer went bankrupt in early May, in the latest manifestation of the stock meme craze. Bed Bath … Read more

FTSE 100 Live: Stock flat, Dunelm fell out of favor due to RBC’s downgrade

FTSE 100 Live: Stock flat, Dunelm fell out of favor due to RBC's downgrade

The FTSE 100 was little changed, up 2 points Dunelm fell after RBC was relegated to poor form Homebuilders tumbled as JP Morgan cut its price target 9:28 a.m.: Five-year fixed mortgages top 6% as the pressure continues Mortgage continued to climb higher with the average 5-year residential mortgage rate hitting … Read more