Shares News

The lifting of patent protection on GlaxoSmithKline’s (GSK) asthma treatment Advair continues to be a poisoned chalice for generic healthcare firms hoping for a pay-off. After regulatory approval struggles for UK-listed Hikma Pharmaceuticals (HIK) and Vectura (VEC), now treatment delivery device designer Consort Medical (CSRT) has also come a cropper following delays in the approval ...

Shares in holidays firm Thomas Cook (TCG) remain in freefall. In mid-morning trade on Tuesday the stock is off another 15%, meaning that the share price has lost roughly 60% of its value since the profit warning on 27 November. At today’s 20.2p share price, May’s 140p-odd highs seem like a very long time (and altitude) away. TAKING A HOLIDAY FROM HOLIDAYS Shares has previously explained ...

London’s FTSE 100 is off 13 points at 7,050 and the FTSE 250 is down 33.5 points at 18,530 as markets in Europe take a step back on Tuesday following a strong start to the week. Convenience foods giant Greencore (GNC) fattens up 1.9p to 185.7p on full year results that come in a little ahead of expectations, driven by solid growth in the UK Food to Go operations. Last month, Greencore ...

Shares in plastics packaging group RPC (RPC) are taking another beating as investors bet against the success of ongoing buyout talks. The company has been in play since early September when it confirmed behind-the-scenes talks with private equity firms Bain Capital and Apollo. After getting an extension to the original deadline to either put up or shut up under takeover rules – until today ...

Investing in equities comes with risks attached. How investors must wish they could see into the future so they know what to expect and could take action accordingly. Obviously, this is impossible but by using handy tools like Shares’ market diary, you can at least know when to expect updates from UK companies and key bits of economic news. As a general rule of thumb, companies in the same ...

While a bitter battle with former chief executive Andrew Tinkler seethes in the background, infrastructure services firm Stobart (STOB) is busily making a key strategic decision. As part of a capital review the owner of Southend Airport is to cut its full year dividend from 16.5p to 15p, aas a result of the fourth quarter dividend being cut from the previously quarterly total of 4.5p to ...

Convenience retailer McColl’s (MCLS) crashes 23.4% lower to 91p after warning full year earnings will fall short of forecasts amid ongoing supply chain disruption and difficult trading conditions. The neighbourhood retailer also massages down current year profit expectations, citing ‘intense’ grocery sector competition and ‘significant cost pressures’, principally higher ...

The agreement of a 90-day ceasefire in the US-China trade war over the weekend is buoying the FTSE 100 this morning, up 2.1% in early trading to 7,126.51. In particular, stocks with exposure to Chinese economic growth like the miners and luxury goods firm Burberry (BRBY) start the week very much on the front foot Convenience store retailer McColl's Retail (MCLS) warns of lower than ...

UK consumers spent on average £544 celebrating Christmas in 2017, according to a study by Deloitte. Imagine what you could get back if that cash was, instead, invested in the stock market for a reasonable period of time - say 10 years. What would the returns look like if you took advantage of compounding and reinvested dividends? THE POWER OF COMPOUNDING Funds are useful for investors ...

Construction and infrastructure firm Kier Group (KIE) surprised a somnolent stock market on Friday afternoon by announcing a £264m rights issue. The out-of the blue cash call has clearly caught investors on the hop, sending the share price tumbling 18% to 610p. It seems the shorters called it right. As we explained recently, Kier had been the UK's most shorted stock with nearly 13% out on ...