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FTSE volatile after sell-off on second wave fears

Stocks around the world took something of a pause today after a heavy sell-off yesterday, though the FTSE remains volatile, with markets concerned over a second wave of coronavirus infections.US markets all closed over 5% lower...

12 June 2020
Six fascinating things you didn't know about Morrisons, AO, Laura Ashley and more

Investors typically get to know companies well if they follow their story through trading updates and financial results. That doesn't always give you the full picture.Several quoted businesses have unusual assets which aren't front...

26 September 2019
Sales rise at City Pub Group as expansion pays off

City Pub Group (CPC:AIM) continues to benefit from its expansion strategy after sales rose 22% to £45.7m in the year to 31 December 2018.Shares in the pub operator frothed 4.9% to 233.5p as the firm entered the black with a...

09 April 2019
Major setback to Kenyan project fails to stop Tullow Oil shares rising

Oil producer Tullow Oil (TLW) says there is 25% less oil in its Kenyan asset in the South Lokichar basin than previously expected, confirming previous media speculation that resource estimates would be downgraded.The negative news...

07 February 2018
Elegant Hotels revenues fall as visitors stay away

Barbados hotels operator Elegant Hotels (EHG: AIM) failed to maximise increasing visitor numbers to the island. Revenue for the year to 30 September 2016 declined 5.2% to $57m.Shares in the firm slip 2.2% 79p despite much stronger...

17 January 2017
Market report: Next depresses retail sector

The FTSE 100 is struggling for direction after yesterday's gains, down 1.57 points at 7,176.32.There's still not a huge amount of corporate news out there but a profit warning from Next (NXT) certainly gets the market's...

04 January 2017
1Spatial CEO locates sword to fall on

Marcus Hanke has walked away from the CEO post at geo-location technology provider 1Spatial (SPA:AIM) after a six year-plus run in the top job. Or perhaps he was pushed. Either way, it comes as no surprise after what can only...

03 January 2017
Warning points to bleak 1Spatial future

The words 1Spatial (SPA:AIM), profit warning and share price collapse, have an uncanny habit of appearing together, and here they come again today. The stock is down 32% today at 1.88p, valuing the geo-location technology provider...

20 December 2016
Market report: Lloyds, Paysafe and Fresnillo

London's blue chip benchmark opens marginally lower, down 0.2% at 7,003, in a thinly-traded session which sees less than £100,000 worth of trades in some FTSE 250 stocks during early deals.Key corporate updates include Lloyds...

20 December 2016
Keep track of the sector switch

Different sectors tend to do well at different points in the economic cycle. Usually there is a gradual transition between the different stages in a cycle but an economic shock like Brexit can accelerate the process.Exchange-traded...

28 July 2016
Demand test for Gym Group

Dry cleaning, film and TV subscriptions, two coffees and a bun every day from the local shop; these are all vulnerable areas where consumers could stop spending if the UK enters a recession.Gym memberships would also have to be on...

21 July 2016
Powerflute back in deal mode

Paper and packaging group Powerflute (POWR:AIM) is firmly back in acquisition mode after completing the integration of Corenzo, the cores and coreboard specialist it bought at the end of December 2014.Chief financial officer David...

08 March 2016
Market report: Worldpay debut figures disappoint

London shares are on the retreat in early trade on Tuesday as jittery investors mull a mixed bag of corporate results and fret over weak trade figures coming out of China. The FTSE 100 index slidfes around 65 points, or roughly 1%,...

08 March 2016
News in brief: Lakehouse, Berkeley, Proactis, LiDCO, Elegant Hotels, Coms, Instem, Tyratech

Lakehouse directors get stuck inDirectors at social housing regeneration specialist Lakehouse (LAKE) bought £100,000 of stock following a profit warning (1 Feb). Executive chairman Stuart Black and executives Sean Birrane, Jeremy...

11 February 2016
Market report: Room rates boost InterContinental

London shares lose early gains to drift lower as investor optimism is quickly swept aside despite a fairly robust showing on Wall Street overnight. The FTSE 100 index slips around 23 points to 6,328, matching the prevailing mood on...

20 October 2015
Desperate deal from 1Spatial

Geo-spatial technology company 1Spatial (SPA:AIM) runs the risk of destroying shareholder value as it attempts to reverse an operating performance that fails to live up to the hype. Some analysts believe the company's latest...

25 June 2015

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