Shares News

City analysts are turning more gloomy on the near-term prospects of theme parks operator Merlin Entertainments (MERL). HSBC has sharply cut its share price target from 450p to 315p as number crunchers at the banking group see a tougher spell for the business and the stock ahead. HIGHER RETURNS COULD COME AT THE EXPENSE OF GROWTH IN THE LONG RUN The author of the note, Joseph Thomas ...

UK markets start the week flat with energy stocks such as BP (BP.), Royal Dutch Shell (RDSB) and John Wood Group (WG.) supporting the FTSE 100 at 7,437 as Brent crude prices continue to move up while Travel stocks are the main losers. On a quiet day for company news, airline Ryanair (RYA) reports full year profits down 29% to €1.02bn as strong traffic growth is offset by lower ...

Next week sees a raft of company updates for investors to digest, and given the fragile sentiment in equity markets, there will be added pressure on companies to deliver. TUESDAY 21 MAY On Tuesday, high quality food producer Cranswick (CWK) will report full year numbers. Back in February the shares fell by 15% in reaction to a fall in revenues over the festive period. READ MORE ABOUT ...

Shares in Staffline (STAF:AIM) have collapsed to multi-year lows after the recruitment and training firm put out a massive profit warning as trading slumps in the first quarter on Brexit woes. At 10am the stock is trading at 400p, a staggering 52% down on the 838p at which the stock closed on Thursday. The company's core recruitment business has been hit by a wave of negative sentiment ...

Investors are responding to a potential competitive threat to deliveries firm Just Eat (JE.) from US online behemoth Amazon’s investment in rival operator Deliveroo. The shares are marked down 7.1% to 629.9p on the news Amazon was the biggest investor in Deliveroo’s latest round of fundraising which booked the equivalent of £450m. Combined with the challenge posed by Uber ...

It’s been a tumultuous time for airlines recently, who have lined up to shock the market by issuing profit warnings and revealing things are worse than previously thought. So investors in EasyJet (EZJ) have breathed a sigh of relief this morning, with shares nudging 3.6% higher in trading this morning to £10.08, after it did indeed report the £275m pre-tax loss for the first six months to ...

After a week dominated by ongoing tariff talks between the US and China and their impact on global trade, Brexit worries have again resurfaced to drag on UK investor sentiment. The UK's benchmark gets off to a shaky start to early trading on Friday, declining around 16 points to 7,337, but the market mood is not being helped by new emerging threats to FTSE 100 food delivery business Just Eat ...

THIS IS AN ADVERTISING FEATURE By Louise Kernohan, Investment Director, Dunedin Income Growth Investment Trust PLC -Brexit is more than just noise, but it is a sideshow in the day-to-day running of our business. -There are steps we can take to navigate some of the more significant problems associated with the current political upheaval. -A focus on quality, balance and looking at what ...

Full year results from the UK's power transmission operator National Grid (NG.) today have been completely overshadowed by renewed talk of nationalisation. This is not new speculation but it is a story that has been re-energised by the Labour party putting its plans into an official announcement today. That announcement gives some detail on what a future Labour government might do, the ...

Travel agents are lining up to blame Brexit for their lacklustre results this year. Troubled tour operator Thomas Cook (TCG) is no exception, yet it has set a new bar for the beleaguered industry after reporting a staggering £1.5bn half year pre-tax loss. By contrast, package holidays peer TUI (TUI) yesterday posted a €287.2m deficit for its typically bleak weak winter half. READ MORE ABOUT ...