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July 1, 2025

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Top FTSE 100 Index shares to watch: Rolls-Royce, Lloyds, BT, Aviva

4 Mins Read

The FTSE 100 Index has rebounded in the past few months, moving from a low of £7,542 in April to £8,800 today, July 1. It has jumped by 16%, and is hovering near its all-time high. 

Footsie’s V-shaped recovery has mirrored that of other global indices like the S&P 500 and Nasdaq 100, which have jumped and reached their all-time highs in the past few months. 

This article highlights some of the top FTSE 100 Index shares to watch in the year’s second half.

Rolls-Royce Holdings (RR)

Rolls-Royce Holdings is one of the top FTSE 100 shares to watch in the year’s second half. It had a great first  half of the year as it jumped to a record high of 964p, up from 567p on January 1. This growth makes it one of the best-performing companies in the Footsie.

The stock will be in the spotlight due to its growing market share in key industries such as civil aviation, power, and defense. Its aviation business is doing well as airlines continue thriving and as demand for airline engines jump. 

The power division is benefiting from the ongoing demand for small modular reactors. Technology companies are also investing heavily in the data center. 

Rolls-Royce has also benefited from the recent conflicts that have pushed countries to boost their defense spending. For example, Donald Trump has called upon NATO members to boost their defense budget to at least 5% of the GDP. 

Lloyds Bank (LLOY)

Lloyds Bank, the biggest domestic banking group in the UK, has also done well this year so far. It jumped to a multi-year high of 76p, up from 52p in January and 30p in 2022.

Lloyds, like other European banks, has performed well due to ongoing dividend growth and total returns. Its dividend yield has increased to 3.95%, and the company continues to repurchase its stock. Its goal is to move its CET1 ratio from 13.5% today to 13% by the end of last year.

Lloyds Bank will be in the spotlight because of the upcoming actions of the Bank of England (BoE), which is expected to cut interest rates later this year.

The company will also be in the spotlight due to the motor insurance crisis being reviewed by the Supreme Court. This case revolves around the legality of commissions between car dealerships and lenders. Lloyds has already set aside over a billion pounds to deal with the crisis.

Read more: Top 3 reasons to buy Lloyds Bank shares

BT Group (BT.A)

BT Group is another FTSE 100 Index stock to watch this year after it jumped sharply lately. It jumped to nearly 200p, up by 101% from its lowest level in 2024. 

BT Group share price has jumped because of its strong financials and investments. The most recent results showed that its revenue dropped by about 2% last year to £20.5 billion. Its profit before tax rose by 12% to £1.3 billion, while the profit after tax rose by 23% to £1.05 billion.

Aviva (AV)

Aviva is another top FTSE 100 stock to watch after rising by over 32% this year. This growth makes it one of the best-performing companies in the UK this year.

Aviva’s business has done well because of the turnaround efforts by Amanda Blanc. She has exited key international markets, and put an emphasis on the domestic market. 

One of her biggest actions was to acquire Direct Line, a top insurance company in the UK. Therefore, Aviva will be in the spotlight as investors watch her turnaround efforts and whether they are generating substantial returns. 

The other top FTSE 100 Index companies to watch are St. James Place, NatWest, Barclays, and BAE Systems. 

The post Top FTSE 100 Index shares to watch: Rolls-Royce, Lloyds, BT, Aviva appeared first on Invezz

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In World news

13 Uranium Companies Exploring Canada’s Athabasca Basin

9 Mins Read

Uranium market watchers know that Canada’s Athabasca Basin is among the world’s richest uranium jurisdictions and hosts several of the highest-grade uranium deposits on the planet.

Spanning close to 100,000 square kilometers of the Canadian Shield of Northern Saskatchewan and Alberta, the Athabasca Basin is a major contributor to Canada’s status as the second largest uranium producer and the third largest country by uranium reserves.

Unsurprisingly, the region is home to the world’s largest uranium mine, Cigar Lake. The mine reports average grades of 14.69 percent U3O8 and accounts for 14 percent of global uranium production.

First commissioned in 2014, Cigar Lake is operated by uranium major Cameco (TSX:CCO,NYSE:CCJ), which holds a 54.547 percent stake in the mine, as part of a joint venture with Orano Canada at 40.453 percent and TEPCO Resources at 5 percent. Ore from the underground mine property is processed at Orano’s McClean Lake mill, located 70 kilometers from the mine.

Uranium was first discovered in the Athabasca Basin in 1934, and today the region remains a major hot spot for uranium exploration. In recent years, a number of Athabasca Basin uranium companies have made exciting new discoveries, sparking a staking rush by others looking to get in on the action.

Athabasca Basin uranium exploration companies

1. ATHA Energy (TSXV:SASK,OTCQB:SASKF)

ATHA Energy has an extensive uranium exploration pipeline across Canada, including in Saskatchewan’s Athabasca Basin. At 3.8 million acres, ATHA’s land package in the Athabasca Basin includes the Gemini project, a basement-hosted near-surface uranium deposit with uranium intercepts of between 6,190 and 96,600 parts per million.

The company also holds a 10 percent carried interest in exploration projects operated by NexGen Energy (TSX:NXE,NYSE:NXE) and IsoEnergy (TSX:ISO).

2. Azincourt Energy (TSXV:AAZ,OTCQB:AZURF)

Azincourt Energy has two uranium projects in Canada, one of which is its East Preston joint venture project near the southern edge of the Western Athabasca Basin. Azincourt has an 86.5 percent interest, with the remainder held by Skyharbour Resources. The 20,647 hectare property is adjacent to Skyharbour’s minority-owned Preston project.

Azincourt says it is targeting basement-hosted unconformity-related uranium deposits in two prospective conductive, low-magnetic-signature corridors. The company is planning for a fall 2025 geophysics exploration program at East Preston in preparation for a potential winter 2026 diamond drill program.

3. Baselode Energy (TSXV:FIND)

Baselode Energy’s strategy is developing assets near the Athabasca Basin with similar geology. Its ACKIO near-surface uranium discovery at its Hook project is located directly adjacent to the Athabascan Basin. First discovered by the company in September 2021, the ACKIO near-surface uranium prospect is more than 375 meters along strike, and more than 150 meters wide.

Baselode has identified at least nine separate uranium pods, or small bodies of mineralization, on the project. Drill results from its summer 2024 exploration program were released in May 2025, demonstrating the potential for further expansion of the known uranium mineralization at ACKIO.

4. CanAlaska Uranium (TSXV:CVV)

CanAlaska Uranium is a project generator with interests in a portfolio of assets in the Athabasca Basin covering 1.24 million acres. The company is advancing its West McArthur joint venture with Cameco, which is situated near the McArthur River mine in the Eastern Athabasca Basin. CanAlaska owns 85 percent of the project.

CanAlaska’s 2025 C$12.5 million drill program at West McArthur is aimed at expanding and delineating the high-grade Pike Zone uranium discovery.

Earlier this year, the company completed the first drilling in over 10 years at its wholly owned Cree East deposit in the south-eastern portion of the Basin. The drill program was fully funded by Nexus Uranium (CSE:NEXU,OTCQB:GIDMF) as part of an option earn-in agreement to earn up to 75 percent interest in the project.

5. Denison Mines (TSX:DML)

Uranium miner Denison Mines’ direct ownership interests in the Athabasca Basin region covers approximately 384,000 hectares. The company has a 22.25 percent stake in the McClean Lake mine and mill joint venture project operated by Orano Canada.

Denison’s flagship project in the region is Wheeler River, considered the largest undeveloped uranium project in the eastern region of the Athabasca Basin. Wheeler River hosts the high-grade Phoenix and Gryphon deposits.

According to a 2023 feasibility study, Phoenix hosts a proven and probable resource of 219,000 metric tons at an average grade of 11.7 percent uranium for 53.3 million pounds. The company plans to develop the deposit as an in-situ recovery operation.

The Canadian Nuclear Safety Commission is slated to conduct hearings for the project’s environmental assessment and license on October 8 and December 8 to 12, 2025. If approval is granted, the company is looking to break ground in early 2026 and commence production by the first half of 2028.

As for the Gryphon deposit, Denison has evaluated it as a conventional mine in a pre-feasibility study. The company conducted a field program in the first quarter 2025 that may be used for a future feasibility study.

6. F3 Uranium (TSXV:FUU,OTCQB:FUUFF)

F3 Uranium has three exploration properties in the western region of the Athabasca Basin: the advanced-stage Patterson Lake North project, which hosts the JR discovery, as well as the early-stage Minto and Broach projects.

In February 2025, the company launched a drill campaign at its Patterson Lake North project followed by ground geophysical exploration programs at its Broach and Minto projects. F3 Uranium raised C$7 million in flow-through shares in May 2025, which will go towards further exploration of its uranium projects.

7. Forum Energy Metals (TSXV:FMC,OTCQB:FDCFF)

Forum Energy Metals has numerous wholly owned and joint venture projects hosting new discoveries of high-grade unconformity-related uranium deposits in the Athabasca Basin. So far in 2025, the company’s focus has been on the Northwest Athabasca (NWA) project, a joint venture between Forum at 45.4 percent, NexGen Energy at 25.3 percent, Cameco at 18 percent and Orano Canada at 11.3 percent.

Early in the year, Forum announced an option agreement allowing Global Uranium (CSE:GURN,OTCQB:GURFF) to earn up to 75 percent of Forum’s stake in the property by spending C$20 million in exploration expenditures at NWA.

In April, Global Uranium completed a diamond drilling program and ground geophysical surveys on the project, which intersected elevated radioactivity and alteration systems distinct to unconformity-type uranium mineralization.

8. IsoEnergy (TSX:ISO)

IsoEnergy has a portfolio of projects and joint ventures in the Eastern Athabasca Basin, and its main focus is the Hurricane deposit at its wholly owned Larocque East uranium property.

The company discovered Hurricane in 2018 and it now stands as the world’s highest-grade indicated resource of uranium. A 2022 resource estimate reported an indicated high-grade resource of 63,800 metric tons grading 34.5 percent uranium for 48.61 million pounds of contained uranium.

IsoEnergy’s summer exploration program will include drilling to test potential resource expansion at Larocque East as well as exploration at its other Athabasca Basin projects.

9. NexGen Energy (TSX:NXE,NYSE:NXE)

NexGen is another uranium mining company with a large land package in the basin, including its development-stage Rook I project.

Rook I has a measured and indicated resource estimate of 256.7 million pounds contained uranium from ore grading an average of 3.1 percent U3O8. The 2021 feasibility study outlines an 11.5 year initial mine life with up to 29.2 million pounds of U3O8 production per year for the first five years.

The Federal Environmental Impact Statement for Rook I was accepted in January 2025, and the Canadian Nuclear Safety Commission has proposed hearing dates for the project on November 19, 2025, and February 9 to 13, 2026. NexGen plans to immediately begin construction activities following final federal approval.

10.Paladin Energy (TSX:PDN)

Paladin Energy’s Patterson Lake South (PLS) project hosts the large, high-grade and near-surface Triple R deposit, which has the potential to produce both uranium and gold. The company acquired it as part of its acquisition of Fission Uranium in 2024. Paladin also holds six early-stage uranium projects in the basin.

PLS’s mineral reserve estimate includes probable reserves of 93.7 million pounds from 3 million metric tons of ore at an average grade of 1.41 percent U3O8. The 2023 feasibility study demonstrates life of mine production of approximately 9 million pounds U3O8 per year over a 10 year mine life.

The company released positive drill results from its winter drill program on the Saloon East zone in June 2025 showing the potential to further grow the resource base of the property outside of the Triple R deposit. The project is advancing through the environmental permitting process.

11. Purepoint Uranium (TSXV:PTU)

Purepoint Uranium has an extensive uranium portfolio, including six joint ventures and five wholly owned projects all located in the Athabasca Basin.

Purepoint has a significant joint venture relationship with IsoEnergy (TSX:ISO) that includes a 50/50 joint venture agreement to explore 10 uranium projects across 98,000 hectares in the eastern portion of the Athabasca Basin. The partners launched a 2025 drill campaign in May at the Dorado project, which will include approximately 5,400 meters across 18 holes, targeting high-priority electromagnetic conductors for uranium mineralization.

Its joint ventures also include the Hook Lake uranium project in the Patterson region, in which it owns a 21 percent interest alongside Cameco and Orano Canada, which both hold 39.5 percent.

12. Skyharbour Resources (TSXV:SYH,OTCQX:SYHBF)

Skyharbour Resources is another junior mining company with an extensive portfolio of uranium exploration projects in the Athabasca Basin, comprising 36 uranium projects over 614,000 hectares. The company’s core projects include its 57.7 percent owned Russell Lake project — a joint venture with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) — and its wholly owned Moore project.

Skyharbour’s 49,635 hectare Preston uranium project in the western portion of the Athabasca Basin is the subject of a 7,000 meter 2025 summer drill campaign being conducted by its joint venture partner, Orano Canada. Orano is the majority owner and operator at the project at 53.4 percent, while Skyharbour owns a minority interest of approximately 25.6 percent. The remainder is held by Dixie Gold.

13. Standard Uranium (TSXV:STND,OTCQB:STTDF)

Standard Uranium is an emerging project generator that holds interest in over 94,476 hectares in the Athabasca Basin, including its flagship Davidson River project in the southwest region of the basin.

In spring 2025, Standard Uranium partnered with Fleet Space Technologies Canada on three ExoSphere Multiphysics survey grids across the Warrior, Bronco and Thunderbird conductors at Davidson River. The surveys will provide important data for upgrading drill targets across the property through imaging of density anomalies in the basement rock.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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In Business

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

2 Mins Read

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%.

As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise value including net debt of about $5.5 billion, the company said.

Home Depot said it expects the acquisition to be completed by early 2026.

Home Depot’s announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs. Jacobs’ building-products distributor QXO had offered about $5 billion in cash to acquire GMS and said it would press forward with a hostile takeover if the company’s management rejected the proposal.

As Home Depot chases growth, it’s gone after a steadier and more lucrative piece of the home improvement business: electricians, roofers, home renovators and other professionals who tackle large projects year-round and need a lot of supplies. Home Depot said it’s speeding along that strategy with the GMS deal.

Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest acquisition in its history. Texas-based SRS sells supplies to professionals in the landscaping, roofing and pool businesses and it has bought up many other smaller suppliers as it’s grown.

Home Depot’s focus on selling to professionals is well-timed. Sales from do-it-yourself customers have slowed as higher mortgage rates have decreased housing turnover and dampened homeowners’ demand for larger projects because of higher borrowing costs.

The company said it expects total sales to grow by 2.8% for the full fiscal year and comparable sales, which take out the impact of one-time factors like store openings and calendar differences, to rise about 1%.

This post appeared first on NBC NEWS

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In Politics

Trump’s achievements embolden him to be even more aggressive

5 Mins Read

Donald Trump must be feeling pretty powerful.

He’s even demanding that Israel cancel the criminal trial of Bibi Netanyahu.

By any objective analysis, whether you like the president or not, he has been on an incredible winning streak for the last two weeks. Everything seems to be breaking his way.

And as he racks up these victories, from the powder keg of the Middle East to the staunchly conservative Supreme Court, he seems to grow bigger and stronger, like some comic book superhero, and then zap his next adversary.

By hitting Iran’s nuclear sites with 30,000-pound bombs – even as we debate the impact – Trump took a risk that stunned the world.

With media liberals and Democrats still in full resistance mode, the coverage has been largely negative, but that doesn’t matter. Since his days as a New York developer, he has been boosted by critical coverage because that drives the news agenda and gets everyone chattering about his preferred topic. 

But telling another country to drop criminal charges against its leader is a whole new level of what his native city calls chutzpah.

Trump posted the following: ‘It is terrible what they are doing in Israel to Bibi Netanyahu. He is a War Hero, and a Prime Minister who did a fabulous job working with the United States to bring Great Success in getting rid of the dangerous Nuclear threat in Iran.’

Netanyahu is in ‘the process of negotiating a Deal with Hamas, which will include getting the Hostages back,’ and Trump wonders how the Israelis could force him ‘to sit in a Courtroom all day long, over NOTHING.’

As Axios points out, Netanyahu is charged with bribery, fraud and breach of trust:  

‘He’s accused of accepting more than $200,000 in gifts from wealthy businessmen, and of granting regulatory benefits worth hundreds of millions of dollars to a telecom tycoon in exchange for favorable news coverage.’

The trial has dragged on for four years, thanks to Netanyahu’s delaying tactics, and there was this war thing that intervened. 

So now Trump has called for the trial to be cancelled or Netanyahu granted a pardon – and done it quite openly. 

Imagine if a foreign head of state urged this country to drop charges against a major political figure. But Trump doesn’t play by everyone else’s rules.

Another Trumpian tactic is to make a big move immediately after a major uproar, when the public and press barely has time to digest the previous controversy. 

So the president cut off trade talks with Canada to protest its taxation of major American tech companies such as Amazon and Google. This involves revenue they earn from online marketplaces, data and social media involving Canadian users.

Before the weekend was out, Canada caved and rescinded the taxes. It’s another case of Trump’s tough-guy negotiating tactics getting instant results.

The not-so-beautiful budget bill in the Senate is another classic case. Elon Musk – did you really think he’d stay quiet for long? – calls it ‘utterly insane’ and ‘political suicide for the Republican Party.’ The CBO says it would add $3.3 trillion to the deficit over a decade. The Senate measure would also make deep cuts in Medicaid, which Trump has vowed to protect. 

Here’s the point: One of the loudest Republican critics is Sen. Thom Tillis, who has been voting against a bill he says would betray the president’s promise to protect those on Medicaid. Trump has trashed him, saying he will recruit a challenger to oust him from the Senate in next year’s primary. 

The next day, literally, Tillis announced that he would not run for reelection. 

So Trump can save his money. He knocked out the North Carolina lawmaker with a couple of postings. 

And then there’s the Supreme Court.

By ruling that local judges cannot issue nationwide injunctions, the court has immensely increased the power of Trump and the executive branch. The 6-3 decision came in the birthright citizenship case, though not on the merits, and tore down one of the last guardrails against unchecked presidential power.

It applies to Democratic presidents too, though far more of these injunctions – 40 – have been brought against Trump just in the opening months of his second term. Joe Biden faced 14 in the first three years of his term.

These injunctions – which have always seemed unfair to me, on both sides – also extend Trump’s winning streak in the high court. He has, after all, appointed three of the six justices that make up the conservative majority.

And that’s not all. SCOTUS ruled that parents with religious objections can pull their children out of public school classrooms when books with LGBTQ themes are being taught.

In yet another decision, the court upheld a Tennessee law banning some forms of transition surgery for transgender youths. Trump has ordered transgender members of the military to leave the service.

Sonia Sotomayor read two blistering dissents from the bench, especially in the birthright citizenship case: ‘Today’s decision is not just egregiously wrong, it is also a travesty of law…No right is safe.’ 

Trump has made clear that he will use expanded powers to be even more aggressive than in the past. Throw in his pressure tactics and funding freezes against elite law firms and Ivy League universities and you have an emboldened president even more determined to stick it to his opponents and detractors.

Of course, even Trump has his limits. The effort to derail Netanyahu’s corruption trial was destined to fail. 

Oh wait.

An Israeli court yesterday canceled this week’s hearings on diplomatic and national security grounds, based on classified information provided by the prime minister and the Mossad spy agency. 

Coincidence?

This post appeared first on FOX NEWS

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