Shares News

Unilever to spin off ice cream division and slash jobs as restructuring drive accelerates featured picture

Unilever to spin off ice cream division and slash jobs as restructuring drive accelerates

Shares in Unilever topped the FTSE 100 leader board on Tuesday, gaining 3.7% to £39.51 after the FMCG (fast-moving consumer goods) goliath announced plans to demerge its ice cream division under a drive to 'maximise' shareholder returns. Less than a year into his tenure, chief executive Hein Schumacher is certainly making his mark on the Marmite-to-Magnum brands owner, which will also cut 7,...
CRH director invests $2.5 million in dual-listed firm while Persimmon chief buys shares post-results  | Directors Deals featured picture

CRH director invests $2.5 million in dual-listed firm while Persimmon chief buys shares post-results | Directors Deals

Dean Finch, chief executive of UK housebuilder Persimmon , bought 7,621 shares at £13.15 for a total value of £100,216 on 12 March, after which he owns 24,078 in the company. Finch may be taking advantage of the 7% share price fall over the past month after Persimmon reported a 52% fall in annual pre-tax profit to £351.8 million citing higher interests hitting house buyer demand. CRH DIREC...
Interest rate decisions preoccupy London markets at open, Focusrite shares fall 35% featured picture

Interest rate decisions preoccupy London markets at open, Focusrite shares fall 35%

Stock prices opened mixed on Monday, with the FTSE 250's landscaping products company Marshalls plunging amid a profit dive, as investors prepare for a week full of interest rate decisions. The FTSE 100 index opened up 3.59 points at 7,731.01. The FTSE 250 was down 39.45 points, 0.2%, at 19,473.46, and the AIM All-Share was down 2.29 points, 0.3%, at 736.02. The Cboe UK 100 was up slightly at...
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