Osmond makes major investmentWolfson sells more sharesNext finance director also sellsAs Michael Douglas?s character Gordon Gekko says in the film Wall Street, money never sleeps, and it seems some of the UK?s most high-profile entrepreneurs were busy dealing over the Christmas and New Year holidays.Hospitality veteran Hugh Osmond, whose CV includes floating Pizza Express and founding Punch Tavern

Miner Adriatic Metals (ADT1) is set to commence production from its Vares silver-zinc-lead-copper-gold-antinomy project in the fourth quarter of 2023 and has exciting exploration potential.It is a good time to invest in the stock and we see scope for significant gains in both the short and medium-term. The relatively small footprint of the project means costs are low and based on Berenberg's sums

Full year profit warning as margins squeezed from higher input costsMeasured pace of new site openingsEBITDA margins expected to be significantly below prior expectationsRestaurant developer and operator of Coppa Club and Noci brands Various Eateries (VARE:AIM) issued a full year profit warning as higher than expected food, energy and labour costs are causing an 'unprecedented' squeeze on margins.

Operator and developer of all day club, restaurant and hotel sites Various Eateries (VARE:AIM) experienced strong pent-up demand post reopening driving full-year revenues up 36% to £22.3 million.On a risk-off day with the AIM market trading down 2.6% the shares lost 4% to 55p. The company listed on the market in September 2020 at 73p per share.STEADY RECOVERYIn the five weeks between April and Ma

THIS IS AN ADVERTISING PROMOTIONAdriatic Metals (ADT1) has just started construction of its flagship high-grade Vares Silver Project in Bosnia & Herzegovina. The project boasts robust economics from its recent Definitive Feasibility Study, released in August this year, of $1.1 billion post-tax net present value, with a 134% internal rate of return and an upfront capital expenditure of $168 million

Shares in drinks-maker Diageo (DGE) hit a new all-time high of £39.48 this week after the firm released an ambitious set of sales targets reaching from the current financial year out to 2030.Chief executive Ivan Menezes said: 'We believe our sales growth trajectory has accelerated, underpinned by the strength of our advantaged position across geographies, categories and price tiers,' adding he st

Shares in restaurant, clubhouse and hotel sites owner Various Eateries (VARE:AIM) gained 6.2% to 98.8p after the company reported strong trading post reopening.In the five weeks to 16 May life-for-like sales grew 11.3% across the Coppa Club estates in outdoor trading compared with the same period in 2019.Coppa Club is a collection of clubhouses which combine restaurant, terrace, cafe, lounge, bar,

We're getting a distinct feeling of dejà vu as the hospitality sector starts to reopen. Indeed, just 10 months ago we were doing more or less the same thing, although this time round the economy looks in much better shape and the rollout of vaccinations has given consumer confidence a shot in the arm.After a third lockdown, there is no doubt a large part of the population is ready - not to

M&A excitement in the gambling space and a strong showing on Wall Street helped the FTSE 100 to a positive finish on Friday, closing 0.3% higher at 5,842.67.Bookmaker William Hill (WMH) surged 42.5% to 310p as it revealed it had received two cash bids - raising the prospect of a competitive auction for the business. This led to strength in the wider gambling sector.Online fashion retailer Boohoo (

Shares in AIM debutant Various Eateries (VARE:AIM) traded 6% below the issue price of 73p on Friday on its first day of trading after issuing 34.2 million shares to raise a net £25 million, giving the company a £65 million market capitalisation.With a leadership headed by Pizza Express and Punch Group founder Hugh Osmond and Cote Brasserie founder Andy Bassadone, it is not surprising the company

The FTSE 100 gave up any gains by lunchtime on Friday to trade 0.8% lower at 5,776.34.Not helping sentiment was news that London has been placed on a UK Covid watchlist amid a surge in infections. European markets were also weak with the US futures markets implying there will be a poor start on Wall Street later.Closer to home there was renewed weakness for those businesses at the sharp end of the