5 Jul
2021

The Lloyds share price could cross 50p now, if this happens. And what I’d do next

first_imgSimply click below to discover how you can take advantage of this. Image source: Getty Images The Lloyds share price could cross 50p now, if this happens. And what I’d do next Manika Premsingh | Saturday, 12th December, 2020 | More on: LLOY There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended HSBC Holdings, Lloyds Banking Group, and Standard Chartered. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img See all posts by Manika Premsingh Enter Your Email Address Our 6 ‘Best Buys Now’ Shares The tide is finally turning for FTSE 100 banking stocks like Lloyds Bank (LSE: LLOY). After what seemed like quite a wait to stock watchers like me, the Bank of England’s Prudential Regulation Authority (PRA) gave UK’s banks the go-ahead to re-start dividend payouts earlier this week. I think this could give a fillip to the Lloyds share price, though it hasn’t so far.The Lloyds share price sees fluctuationsIn fact, the bank’s share price has fluctuated a great deal through 2020. It dipped sharply earlier this year after it suspended dividends following the PRA’s advice. It started recovering last month as the broad stock market rally followed Covid-19 vaccine news. I last wrote about LLOY at the start of December, when it had risen 27% since the end of October.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, it has pulled back since. I think this is at least partly due to ongoing uncertainty about Brexit. Prime Minister Boris Johnson has most recently said that there’s a strong possibility that a trade deal with the EU won’t happen. The Brexit deadline is pencilled in for the end of 2020, and we are almost mid-way through December already with no deal in sight. Brexit impactThis can drag down the Lloyds share price more than anything else. Unlike its other FTSE 100 peers such as HSBC or Standard Chartered, LLOY gets much of its business from the UK. There could be short-term economic pains, at the very least, from a no-deal Brexit. These will be compounded by the damage already caused by the Covid-19 crisis. However, I’m still holding out hope for an amicable solution to the current UK-EU impasse. After all, just earlier this week, the mood was very different with high expectations of a deal. If after all the edge-of-the-seat Brexit action, a deal is signed, I think the stock markets will rally even more.And guess who’ll benefit from a FTSE 100 rally even more? The Lloyd share price of course. I expect that the share price will finally catch up to the dividend good news, which presently has a Brexit cloud over it.  What’s next for LLOY?I reckon it can cross at least 50p, the level it was at in the pre-pandemic time period. The next question of course is, will I buy LLOY if that happens? I’d like the situation to play out a little is my short answer. Even with a Brexit deal, there’s still much up in the year. First, a theoretical go-ahead for dividends is one thing, but when will the bank actually pay dividends? Next, LLOY’s leadership has recently undergone change. I want to see what changes (or not ) the new CEO, Charlie Nunn, brings when he joins next year.  Finally, I’d wait to see how the economy will recover in 2021 because that has a direct effect on LLOY’s performance. The takeawayRight now, however, the bank’s an interesting wait-and-watch stock. Not one to buy for me.  I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today…last_img read more

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14 Jun
2021

FSIS Proposes Pathogen Reduction Performance Standards for Poultry

first_img Previous articleSouthern Indiana Pork Conference set for JasperNext articlePurdue Webinar to Help Farmers Win in Tough Times Gary Truitt SHARE By Gary Truitt – Jan 21, 2015 Facebook Twitter Facebook Twitter The agency’s science-based risk assessment estimates implementing these new standards would prevent an average of 50,000 illnesses each year. Final standards and an implementation date should be announced this spring. For more information – visit FSIS dot USDA dot gov (www.fsis.usda.gov).center_img USDA’s Food Safety and Inspection Service has proposed new federal standards to reduce Salmonella and Campylobacter in ground chicken, turkey products and raw chicken breasts, legs and wings. USDA Deputy Under Secretary for Food Safety Al Almanza says these new standards and improved testing patterns will have a major impact on public health.  FSIS is proposing a pathogen reduction performance standard for chicken parts, ground chicken and ground turkey – which should create a 30-percent reduction in illnesses from Salmonella and a 19 to 37-percent reduction in illnesses from Campylobacter. SHARE Home Indiana Agriculture News FSIS Proposes Pathogen Reduction Performance Standards for Poultry FSIS Proposes Pathogen Reduction Performance Standards for Poultrylast_img read more

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