Shares News

Advice-led wealth manager AFH Financial (AFHP:AIM) reported strong full-year growth in revenues of 47% to £74.3m and earnings per share up 45% to 32.8p for the period ended 31 October 2019. The shares added 3.7% to 399p and are up 42% over the last three-months. Chief executive Alan Hudson said, ‘trading remains strong and in line with the board's expectations and the current levels of ...

Online women’s fashion brand Sosandar (SOS:AIM) bucked the retail sector doom and gloom this Christmas, with an acceleration in sales through the festive quarter triggering top line upgrades. Full year revenue is on track to top current market expectations and management is confident of delivering further growth in future years, although the shares cheapened 0.25p to 28p on news this year’s ...

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 ...

Low cost gym provider GYM Group (GYM) continued on its growth path in the year to 31 December 2019, notching up 10% more members and delivering 24% growth in revenues to £153m. However, after their sparkling run since late last year, the shares dipped 2% to 303p. Chief executive Richard Darwin commented, ‘ there remains a long runway of potential sites in the UK and with our small box ...

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 ...

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 ...

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 ...

Shares in casino operator Rank Group (RNK) were in demand today after the company upgraded its full-year operating profit guidance to £105m to £115m, around 12% higher than current consensus. The shares spun 5% higher to 280p. The upgrade was prompted by positive trading from the Digital business, the Grosvenor and international venues as well as ongoing cost savings related to Rank’s ...

Struggling home shopping company N Brown (BWNG) crashed 25% lower to 106.7p on Thursday after the online fashion retailer downgraded earnings guidance for this year and next in a nightmare of a Christmas trading update. Savage cuts to forecasts reflected margin-crimping discounting in a tough third quarter for the UK clothing sector as well as reduced financial services revenue as the JD ...

Academic publishing firm Pearson (PSON) saw its share p[rice plunge 10.6% to 553p after its latest update revealed ongoing problems in its US higher education business. A £350m share buyback linked to the sale of its stake in publisher Penguin Random House has done little to appease the market. While trading is roughly in line with the downgraded guidance given in September, with 2019 ...