Shares News

Betting giant Ladbrokes Coral (LCL) reports a 7% rise in first half operating profit to £158.3m. The result is at the top end of prior guidance while it was also delivered in half that has so far failed to provide ‘the sporting sparkle of 2016 in terms of shock and surprises’ that pulls in optimistic punters. Ladbrokes Coral’s strong digital performance offset a weaker UK retail outturn ...

Britain’s Restaurant (RTN) reports a 30% drop in half year underlying pre-tax profit on Thursday, as slowing consumer spending weighs on sales. Yet shares in the Frankie & Benny's and Garfunkel's owner rally close on 5% at 333.1p with investors relieved to hear of a bulging pipeline of growth opportunities and progress with a Frankie & Benny's value proposition despite the dividend ...

Submarine rescue systems may sound niche, but it’s part of a division that is the strongest growing for marine and energy supplies company James Fisher & Sons (FSJ). Shares noted in June that submarine warfare is big business, when Ultra Electronics (ULE) reached a deal to be the sole provider of underwater sensors to track submarines for the US navy. James Fisher announces that its ...

As Apple (AAPL:NDQ) closes in on its next product launch event in September, when a new iPhone is expected to be unveiled, the tech giant is also racing towards another unparalleled business milestone: becoming the first trillion dollar company. For the record, that’s a one followed by 12 zeros, or... $1,000,000,000,000. It’s a big number. Apple has already enjoyed a banner year on ...

Homewares retailer Dunelm’s (DNLM) unloved shares shed a further 3.3% to trade at 578.5p on the shock news that chief executive John Browett is leaving the company, a little over two years after joining and outlining bold ambitions. Indeed, the wording of today’s statement seems to imply the value-for-money bedding, curtains and rugs purveyor’s boss may have been pushed out, rather than ...

Resurgence in the price of gold amid geopolitical tensions between North Korea and Japan has drawn investors back to gold mining shares. The precious metal has increased by nearly 10% in value since 7 July to $1,317 per ounce. Over that same period the best performing gold miner on the UK stock market has risen by 100% in value, being Bezant Resources (BZT:AIM). Gold miners often ...

The FTSE 100 is 36.23 points higher this morning at 7,373.66 taking its cue from strength in US and Asian markets overnight as concerns over North Korea died down. Troubled tool hire outfit HSS Hire (HSS) slumps 18.9% to 45p as it warns a recovery in sales will be ‘materially slower’ than expected and reports an increase in its first half pre-tax loss from £7.8m to £30.1m. Soft ...

London’s FTSE 100 opens 88.3 points down at 7,313.2 as the latest round of Brexit negotiations highlight the widening division between Brussels and London and amid rising geopolitical tensions after North Korea launched a ballistic missile over Japan. In corporate news, struggling outsourcer Mitie (MTO) is marked down 1.8p to 264p on news the Financial Conduct Authority (FCA) is investigating ...

IT services business Computacenter (CCC) surges 13.2% to 997p as it reports adjusted pre-tax profit in the first half of 2017  has nearly doubled from £25.3m to £41.9m thanks to an improved operational performance and currency movements. The company also flags an upcoming cash return of £100m in the fourth quarter of 2017 and confirms it is on track for a ...

The FTSE 100 opened slightly higher this morning as traders awaited key addresses from US Federal Reserve chair Janet Yellen and European Central Bank chief Mario Draghi at the Jackson Hole meeting. Held in Wyoming this annual summit of central bankers is closely monitored by traders and investors for clues on the future direction of monetary policy. Shares in supermarkets Tesco (TSCO) and ...