Shares News

Market report: Fevertree plunges on missed expectations, Intu falls as it asks for ‘£1bn’ featured picture

Market report: Fevertree plunges on missed expectations, Intu falls as it asks for ‘£1bn’

UK blue chip stocks got off to a slow start on Monday morning, taking its cue from Asian stock markets which were subdued as China’s central bank kept interest rates on hold. But reports that allies of a renegade general in Libya had blocked a key oil-export pipeline in the country gave a lift to oil prices. Oil stocks including BP (BP.) and Royal Dutch Shell (RDSB) initially rose on the ...
Cranswick sizzles as ‘exceptionally strong’ exports drive earnings upgrades featured picture

Cranswick sizzles as ‘exceptionally strong’ exports drive earnings upgrades

Shares in Cranswick (CWK) cooked up a tasty 5.9% gain on Friday, sizzling up 199p to £35.95 after the pork-to-poultry supplier raised pre-tax profit guidance for the year to 31 March 2020 thanks to ‘exceptionally strong’ export sales. As the food producer flagged at the interim results in November, the incidence of African Swine Fever in Asian markets has created a significant opportunity ...
Market report: UK stocks gain on US optimism but earnings updates send mixed messages featured picture

Market report: UK stocks gain on US optimism but earnings updates send mixed messages

Following more record highs in US markets overnight, the FTSE 100 index gained 36 points or 0.5% to 7,646 in early trade led by Banks, Mining and Property stocks. However earnings reports were mixed with food producers generally positive but financial and commercial services less upbeat. Shares in iron ore miner Rio Tinto (RIO) added 1.5% to £45.95 after its fourth quarter production update ...
Director deals: NMC Health director sells £55m stake, billionaire offloads biotech shares featured picture

Director deals: NMC Health director sells £55m stake, billionaire offloads biotech shares

The executive vice-chairman of embattled Middle East healthcare operator NMC Health (NMC) sold £55.7m worth of shares, it has been revealed. Announced last week, the trade settled on Friday and revealed Khaleefa Butti Omair Yousif Al Muhairi, who led NMC Health’s London IPO in 2012, offloaded 4.6m shares at £12 apiece. Al Muhairi sold the shares along with well-known Abu Dhabi -based ...
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