Such is often the case with out-of-favour stocks the market chose to focus on the negative at media group Future (FUTR) despite this morning’s broadly in-line first-half numbers. The stock fell 5.9% to 16p on the news.
The £57 million cap’s games titles are suffering ahead of the launch of new games systems from Microsoft (MSFT:NDQ) and Sony (NSE:NYSE) resulting in these major advertisers and sponsors deferring advertising ...
Shareholders of the two of the UK's largest banks to have been bailed-out by the tax-payer following the financial crisis have today received good news. Lloyds Banking (LLOY) and Royal Bank of Scotland (RBS) are set to meet the Bank of England’s new capital requirements without having to raise additional funding.
These were the findings a review by the Prudential Regulation Authority (PRA), a financial regulator, to judge if UK ...
Growth in online shopping is helping to boost profits at UK Mail (UKM). The delivery group jumped 10.9% to 510p after reporting a 37% rise in pre-tax profit to £17.8 million. The market also liked news that UK Mail would invest in 'significantly increased automation' across its network as this should be a strong driver for volume growth and improved profit margins.
Shares in soft drinks business Britvic (BVIC) fizzed up almost ...
You really have to look hard, and be quite the humbug, to find anything bad to say about full year figures from Telecom Plus (TEP). A real Cassandra might view a modest 6.2% increase in business club customers a little on the dull side when drawn against a rough 12% rise in residential customers. An alternative stance might be to see any business customers growth at all as pure bonus since the company puts precious little real effort in to ...
After finishing Monday at 6,755.6, a level not seen since September 2000, the FTSE 100 pushed ahead by a further 7.6 points to trade at 6,763.2 by Tuesday lunchtime. Firmly in fashion were shares in British luxury brand Burberry (BRBY), which strutted 35p higher to £14.98 on record full-year results to March which highlighted a strong performance in Asia.
One of the UK's most established heritage brands, the £6.4 billion cap ...
Shares in oil explorer Chariot Oil & Gas (CHAR:AIM) gushed up 7.1% to 24.1p on a read-through from Brazilian firm HRT's own exploration efforts in Namibia, the group's main area of focus. A relatively upbeat appraisal of the group's prospects in today's AGM statement from chief executive officer (CEO) Larry Bottomley added fuel to the rally.
Results (20 May) from the Wingat well, drilled by HRT in partnership with ...
London's blue-chip benchmark, which has had a storming start to 2013, was off 5.9 points at 6,717.2 by lunchtime on Monday, a session in which bus and train operator FirstGroup (FGP) proved one of the market heaviest fallers.
Shares in the Aberdeen-based transport group shed 20% to 179p after it announced proposals for a £615 million rights issue at a hefty discount in a bid to reduce its debt, which stood at £1.98 billion at the ...
Shares in BTG (BTG) fell 4.8% to 339.2p as investors expressed disappointment regarding the lack of a dividend in light of a burgeoning cash pile, even as the FTSE 250 firm produced good operating results for the year to April.
The decision by BTG’s chief executive officer (CEO) Louise Makin to turn the company into a specialist healthcare company making and selling its own products has continued to reap ...
Shares in fresh pork supplier Cranswick (CWK) crackled 17p higher to £11.04 this morning as analysts upgraded forecasts following better-than-expected annual profits and a confident outlook statement. Lower year-end debt levels and a 6% dividend hike also increased appetite for the cash-generative food producer.
As foreshadowed in last month's (4 Apr) fourth-quarter trading update Cranswick delivered excellent figures for the year ...
After a wild opening with close to 50% share price gains, Ocado (OCDO) has settled down to see its stock 29% higher to 260.10p after finally announcing details of its hotly-anticipated tie-up with Morrisons (MRW). First flagged up to the market in March, the deal will help the UK's fourth biggest food retailer launch online grocery deliveries by January 2014.
The £1.24 billion cap said it has signed a 25-year deal with the ...
SharesMagTom: RT @SharesMag: Market report: UK Mail, Britvic, Helphire, Optimal, Horizonte, Hargreaves Services, Quindell, Cable & Wireless & more http:/…
SharesMagRuss: RT @SharesMag: In tomorrow's new issue of Shares: How sterling's weakness against the dollar is creating a tailwind for UK investors http:/…
