1. Royal Mail owner International Distributions Services will continue ‘leak value’
Analyst Gerald Khoo, in a note reacting to a Sunday Times interview with former Royal Mail chief executive Rico Back, repeated a ‘sell’ recommendation with a price target of 115p.
2. Tesla Q4 figures show 'Cinderella ride is over', says investment bank
CEO Elon Musk will need to navigate the company through a difficult macroeconomic environment, rather than focusing on his personal social media activity, according to the Wedbush analysts.
3. FTSE 100 closes firmly higher
FTSE 100 came out of the blocks with gusto on the first trading day of 2023 and finished Tuesday up around 102 points, or 1.37%, at 7,554.
4. Rolls-Royce soars as Jefferies upgrades to buy
It sees a number of positive catalysts for the FTSE-100 listed engineer in 2023, including potential credit upgrades and further flight hours recovery which should build confidence in the group's mid-term potential.
5. Harbour, Hurricane, IGas: Here's some handy tips when it comes to valuing oil exploration companies
The discounted cash flow (DCF) methodology is a way to estimate the value of an oil exploration company. It does this by looking at how much money the company is expected to make in the future and then "discounting" it back to the present day.