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Restaurant Group to close 125 Frankie and Benny's sites

Frankie and Benny's owner The Restaurant Group (RTN) announced it will implement a company voluntary agreement (CVA) to reduce rent costs and downsize the estate. The shares nudged up 1% to 70.5p, having halved over the past six...

10 June 2020
FTSE pushes higher, SSP shares for dividend deal, Chemring climbs

London's FTSE 100 opened higher on Wednesday, up 0.96% to 6,279.16 early on, after positive Chinese services data stoked hopes of an economic rebound as lockdowns are eased.Oil giants Royal Dutch Shell (RDSB) and BP (BP.) both...

03 June 2020
FTSE moves up on thin company newsflow

UK stocks edged higher on Tuesday after US markets eked out small gains overnight. Investor sentiment has been dampened by threats by President Trump to use force to end days of protests and the imposition of curfews in US cities...

02 June 2020
B&M buoyed by 'exceptionally strong' grocery, gardening sales

Shares in discounter B&M European Value Retail (BME) bounced 3.4% higher to 382.1p on Friday after the general merchandise value retailer reported bumper fourth quarter grocery sales and a strong start to the new financial year,...

29 May 2020
This trust invests in many companies still paying dividends

Investors seeking exposure to a wide range of UK companies still paying dividends should snap up BMO Capital & Income Investment Trust (BCI) as its portfolio contains many ofthese prized names.This trust could be an easier and more...

28 May 2020
Shareholders relieved as M&G says dividend payments will go ahead

With many firms cancelling or delaying the payment of dividends, income investors welcomed today's confirmation from M&G (MNG) of the payment of both its ordinary and special dividends totaling 15.77 pence per share. The stock was...

27 May 2020
FTSE firms, St James's Place shows resilience, M&G makes good on dividends promise

London's FTSE 100 opened stronger on Wednesday, up 53 points at 6,120.72 early on as optimism that economies were recovering from the COVID-19 crisis offset concerns about rising political tensions in Hong Kong that have soured...

27 May 2020
Retail sector set for grand reopening

Shares in retailers Dunelm (DNLM), Marks & Spencer (MKS) and Next (NXT) jumped after the bank holiday on news that the government aimed to allow all 'non-essential' shops to reopen within the next month.In terms of timeline,...

26 May 2020
FTSE dives as concerns rise over spike in coronavirus cases

The FTSE 100 got off to a slow start on Thursday, falling 0.7% to 6,022 over concerns about a new spike in coronavirus cases.The World Health Organisation warned yesterday that the pandemic is far from over, as the largest daily...

21 May 2020
Embattled Marks & Spencer marked up as latest turnaround plan wins plaudits

Shares in clothing and food retailer Marks & Spencer (MKS) were marked up 4% to 89.2p on Wednesday as the British high street institution accelerated its 'Never the Same Again' turnaround plan to cope with the fallout from the...

20 May 2020
FTSE weak despite positive corporate news

UK markets managed to nudge modestly into positive territory at midday, but there remains plenty for investors to mull over.US and European indices jumped on Monday in response to hopes that a vaccine might be developed soon, but...

20 May 2020
FTSE surges higher led by miners, oils

FTSE surged 2% higher on Monday to 5,932 and oil prices hit a five-week high as countries opening up from lockdown spurred markets higher. Oil and mining shares led the FTSE 100 with Royal Dutch (RDSB) and BP (BP.) around 5%...

18 May 2020
Smith & Nephew revenues slump 7.6% in first quarter

Medical equipment maker Smith & Nephew (SN.) reported first-quarter revenues down 7.6% to $1.3bn, roughly as indicated in the 30 March statement, saying all three franchises were held back as elective procedures were...

06 May 2020
Tate & Lyle demand crunch leaves bitter taste

Food ingredients business Tate & Lyle (TATE) fell 3.9% to 668.2p as the closure of restaurants, bars and cinemas led to a significant drop in demand.Looking back, the company said it expected its results for the financial year just...

04 May 2020
FTSE outperforms despite weakness in Rolls Royce and travel sector

UK stocks traded sideways on Monday as concerns over the financial health of aerospace firm Rolls-Royce (RR.) and travel and leisure stocks were offset by a general rise in pharmaceutical and healthcare stocks.By 8.45am the FTSE...

04 May 2020
Marks & Spencer in much-needed liquidity boost

Struggling retailer Marks & Spencer (MKS) has taken further major steps to shore up its finances for the next 18 months as it plans for a slow return to shopping amid the coronavirus crisis.Today's liquidity update includes news of...

28 April 2020

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