Shares News

Supreme shares surge as vapes-to-vitamins supplier delivers yet another profit upgrade featured picture

Supreme shares surge as vapes-to-vitamins supplier delivers yet another profit upgrade

Shares in Supreme (SUP:AIM) surged 16% higher to 127.5p after the fast-moving consumer products distributor delivered another significant profit upgrade for the year to March 2024 amid continued growth across all divisions in the third quarter-to-date. A leading e-cigarette and vaping market name known for its 88vape brand and the UK's biggest battery and lighting distributor, Supreme now expe...
Cybersecurity firm Zscaler comes off the boil after strong run into Q1 results featured picture

Cybersecurity firm Zscaler comes off the boil after strong run into Q1 results

Cloud security provider Zscaler (ZS:NASDAQ) raised annual guidance after reporting fiscal first quarter results that topped Wall Street estimates as demand was boosted by ongoing enterprise spending on cybersecurity. Zscaler, one of analyst Wedbush's favourite tech stocks, has seen its shares rally through 2023, up 65% year-to date. Investors had been anticipating a good start to the current f...
Rolls Royce shares climb 7% to new four-year high on ambitious new profit targets featured picture

Rolls Royce shares climb 7% to new four-year high on ambitious new profit targets

Shares in aircraft maker Rolls-Royce (RR.) made a new four-year high on Tuesday after the company laid out plans to double operating profits and make further divestments over the next five years. The shares jumped 7% to 261p, taking their gains to 260% over the last year and putting them within striking distance of their pre-pandemic trading levels. The transformation of the FTSE 100 group und...
FTSE finishes in the red as China industrial and US new homes data disappoint featured picture

FTSE finishes in the red as China industrial and US new homes data disappoint

Underwhelming industrial figures from China hurt Asia-exposed stocks and oil majors in the FTSE 100 on Monday, followed by disappointing US new homes data. The FTSE 100 index closed down 27.50 points, 0.4%, at 7,460.70. The FTSE 250 ended down 19.55 points, 0.1%, at 18,438.55, and the AIM All-Share closed down 1.95 points, 0.3%, at 714.95. The Cboe UK 100 ended down 0.4% at 745.00, the Cboe UK...
New hope for blood cancer patients after GSK’s Blenrep drug receives positive results featured picture

New hope for blood cancer patients after GSK’s Blenrep drug receives positive results

Pharmaceutical company GSK's (GSK) blood cancer drug Blenrep got a reprieve on Monday after a late-stage trial showed it 'significantly' extended the time to disease progression or death compared with the current standard of care. In September the European Union drug regulator had recommended against renewing conditional marketing authorisation for Blenrep. Last year the US regulator requested...
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