888 Holdings Shares News & Articles

Market report: Investors get the ‘fever’ again as Fevertree storms back in otherwise muted market

London shares open on a subdued note in early trade on Thursday as investors await the latest EU-wide interest rate decision from the European Central Bank at midday. While little is anticipated to have changed in terms of guidance market watchers are hopeful that the language used will be of an increasingly optimistic hue, with economic risk moving a little more to the downside. But this ...

Market report: Ashtead advances on earnings beat, WPP up on new growth plan

UK markets are starting to bounce back after yesterday’s Brexit calamity. The FTSE 250, which is considered the benchmark index for UK-focused companies, nudges up 0.2 points to 17,493, although that still leaves it trading well below the 21,324 year-to-date high. The FTSE 100 achieves a stronger lift, advancing 24 points to 6,746 off the back of gains in the mining and oil sectors, plus support ...

Market report: UK software firm AVEVA to payout £100m as it seals £3bn Schneider merger

British engineering software company AVEVA (AVV) has agreed a merger deal with long-run suitor Schneider Electric of France. The deal, worth in excess of £3bn, will create one Britain’s biggest software businesses and, importantly, will remain listed on the London stock market. This move for predicted by Shares back in November 2016 as a likely outcome following the departure of ...

Market report: Frankie & Benny’s owner offers hope of recovery despite profits slump

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 ...
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