Shares News

When most people read the terms cyber crime, cyber security, hacking or something similar a doom-laden future will often be conjured up. We have become all too aware of the growing threat from botnets, phishing attacks, ransomware and a multitude of other risk to our online security as the world increasingly goes digital. Providing solutions is big business and can be very lucrative. So ...

Andrews Sykes (ASY:AIM), the UK specialist in pumping, heating and cooling hire, has revealed a double-digit rise in revenues in 2018 and a 21% rise in earnings to 40.4p, which has pushed the shares up 9% today to 630p. READ MORE ABOUT ANDREWS SYKES HERE REDUCING THE  SEASONALITY The business typically sees a big seasonal benefit in the second half of the year due to better margins on its ...

Official figures reveal a 0.5% advance in UK GDP in the first quarter to 31 March. But experts warn that the pace of UK economic growth may tail off through the rest of 2019. A 0.5% expansion was about in line with forecasts but the likelihood of a slowdown was reflected in a relatively modest response from sterling against other major currencies. Somewhat counter-intuitively, growth ...

The FTSE 100 gains 0.6% to 7,246.96 despite the US increasing tariffs on Chinese goods – with mining stocks helping to support the index. The relatively relaxed response reflecting a strong showing from Asian shares. The moderate response could be because the news was widely expected and because tariffs will not be charged on Chinese goods which have already shipped, providing a possible ...

Weeks of will it, won’t it stock market chatter about BT (BT.A) and its potential to cut its dividend might seem to have been put to bed once and for all. Today the £21.5bn telecoms colossus reported annual results to 31 March that kept the 15.4p per share full year payout in place. Talk had been swirling that a cut to the payout might be on the cards ever since the half year dividend was ...

Shares in Britain’s largest energy supplier Centrica (CNA) dipped below the psychological 100p level today, their lowest since 1998. Today’s move was exacerbated by the stock going ex-dividend by 8.4p - which will end up in shareholders’ pockets on the 27th June - so today’s 8% fall just reflects the large yield on offer. READ MORE ABOUT EX-DIVIDENDS HERE Centrica has paid ...

Having re-joined the board just five weeks ago Superdry’s (SDRY) interim chief executive and co-founder Julian Dunkerton (pictured below) has already implemented plans to turn the fashion retailer’s weak performance round. Yet the pain this process will cause investors is made all the more plain with today’s pre-close trading update. Covering the fourth quarter and full year to 27 ...

Today’s first quarter trading update from supermarket chain WM Morrison (MRW) is a mixed bag with good news on the wholesale front but more rotten tomatoes from the retail business. Excluding sales of fuel, group turnover on a same-store basis for the 13 weeks to 5 May was up 2.3% helped by a 2.1% rise in wholesale revenues with just a 0.2% increase in retail sales. Shares slip 1% to a ...

Shares in Barratt Developments (BDEV) tick up 0.3% to 587.6p as investors balance a steer for a slight beat of 2019 guidance with more gloomy data on the UK housing market. Barratt says its outlook for the year is ‘modestly ahead’ of its previous expectations amid a strong start to the year driven by ‘good’ customer demand and amid stronger than expected margins. This bucks the trend ...

US president Donald Trump has sent the FTSE 100, along with other global stock markets, lower this morning after dashing hopes of a trade deal with China. At 9am, the UK’s benchmark index is down around 0.6% at 7,226.19 following Trump’s comments that China ‘broke the deal’ it had with the US. The day's biggest FTSE 100 faller by far is British Gas-owner Centrica (CNA) despie the ...