Shares News

The world’s leading supplier of premium carbonated mixers, Fevertree Drinks (FEVR:AIM) released a short statement ahead of the annual general meeting (AGM) today, highlighting progress made in 2018. Last year, Fevertree not only reinforced its leading market position in the UK, it also established its own operations in the US. READ MORE ABOUT FEVERTREE HERE The US has been traditionally been a ...

Media firm Informa (INF) is enjoying a strong start to 2019, judging by today's trading update. Investors certainly seem more happy to back the business, lifting the shares more than 2% higher in early trading to 786.4p, making it one of the day's biggest gainers among UK blue-chip FTSE 100 companies. The events and publishing group has reported on the first four months of 2019, the company ...

Following yesterday’s heavy selling, the FTSE 100 and FTSE 250 rally 51.5 and 102 points to 7,283 and 19,133 respectively on Friday as risk appetite receives a lift from US President Donald Trump’s prediction of a swift end to the trade war with China. However sterling remains volatile as rumours swirl of Theresa May’s imminent departure from Number 10. International baby goods retailer ...

Shares in outsourcing group Serco (SRP) rally 10% to 133p, their biggest one-day gain this year, after it announces the acquisition of US ship and submarine design company Naval Services Business Unit (NSBU) for $225m. The deal, which is being financed through a mix of new shares and debt, is expected to be completed in the second half and to add to earnings straight away. READ MORE ABOUT ...

Fast-growing discount retailer B&M European Value Retail (BME) offers a compelling play on the consumer’s quest for value and convenience. It is unlikely to have escaped investors that where there has been bloodshed on parts of the UK high street recently (Debehams (DEB), BHS, Mothercare (MTC), House of Fraser, HMV, say) B&M's town centre and edge of town outlets are delivering ...

UK stocks are in sharp reverse in early trade on Thursday as growing tensions between the US and China, and doubts over Theresa May's government leadership because of Brexit continue to gnaw away at investor confidence. The benchmark FTSE 100 slumps more than 80 points, or roughly 1.2%, to 7,247.66, although a swathe of companies going ex-dividend today (when new shareholders lose the right to ...

Pugnacious stockpicking legend Terry Smith is stepping back from the day-to-day running of the Fundsmith Emerging Equities Trust (FEET), unsettling news that triggers a 17.5p decline to £12.15 at one of Shares’ running Great Ideas selections. Michael O’Brien and Sandip Patodia, who both joined Fundsmith ahead of FEET’s 2014 launch, have been promoted to the roles of Portfolio Manager and ...

Shares in gold producer Acacia Mining (ACA) have dropped 5.5% to 151p after management of the company urged shareholders to ‘take no action’ after receiving a takeover approach. The indicative buyout offer comes from New York-listed majority shareholder Barrick Gold, which owns roughly 64% of Acacia shares. The trouble is Acacia seems to feel that Barrick is trying to buy the rest of the ...

Better than expect profit growth from veterinary services and pet product supplier Pets at Home (PETS) has put a rocket under its share price. The stock is up 10% to 164p after it reported a 6.1% rise in underlying profit to £89.7m. The company has slashed prices in the face of competition and although this has seen gross margins slump 1.22% in 2019 it has resulted in positive like-for-like ...

Ahead of a meeting later today with analysts to spell out in detail its new medium terms plans, IG (IGG) has released a summary of its new medium term goals, which see revenues growth of 30% by 2022. This contrasts markedly with current expectations for falling revenues, giving the shares a boost of 14% to 542p. READ MORE ABOUT IG GROUP HERE While extra investment will be required to deliver ...