London’s FTSE 100 ended Tuesday with decent gains after closing 0.25% higher to 7,095.79 despite a slow start on Wall Street for US stocks. The UK’s benchmark index was lifted by insurer Aviva (AV.), which gained after the arrival of activist investor Cevian, while the index also shook off an issue involving several major websites, which were down thanks to a problem at cloud computing firm ...

London’s FTSE 100 gained 0.3% to 7,097 by midday as shares in UK insurer Aviva (AV.) were lifted by the arrival of activist investor Cevian, while the index shook off an issue involving several major websites, which were down thanks to a problem at cloud computing firm Fastly. With little on the economic agenda apart from US job openings and trade figures, investors are keeping their powder ...

Shares in cigarette and vape maker British American Tobacco (BATS) gained 1.6% to £28.18 after the firm raised its forecasts for full year revenue growth and earnings thanks to improved sales of new products. The company now expects constant currency sales to grow by more than 5%, ahead of its previous guidance of a 3% to 5% increase, and sees similar mid-single digit growth in earnings per ...

Major UK shares edged higher in early trading but gains modest as investors take a breather. The benchmark FTSE 100 inched less than four points higher, or 0.04%, to 7,079.25, while the mid-cap FTSE 250 was equally unenthusiastic, up a miniscule 0.08% at 22,925.64. With little on the economic agenda apart from US job openings and trade figures, investors are keeping their powder dry until the ...

Pharmaceuticals, insurance, tobacco and financials are good places to find income on the UK market, says Richard Marwood, co-manager of the £1.7 billion Royal London UK Equity Income Fund (B3M9JJ7). He believes the prospects for dividends from UK stocks are improving, which should be good news for any investor seeking to generate an income from their portfolio. Many companies had to cut or ...

For people approaching retirement it can be daunting to plan for a change of pace in lifestyle, while the financial side of things can even be more scary. It is, therefore, always worth getting some form of financial guidance or advice around such life-changing events. If you’re not sure, you should seek help from a financial adviser. In this article, we highlight some of the financial ...

Leading UK shares fell throughout morning trading on Friday as a jump in retail sales lifted the pound and hurt export-orientated companies. The benchmark FTSE 100 lost 0.47% to 6,905 by lunchtime with large dollar-earning exporters like consumer staples companies Unilever (ULVR), Diageo (DGE) and British American Tobacco (BATS) slipping by up to 1% as the pound strengthened against the ...

Leading UK shares fell in early trading on Friday despite a surge in March retail sales as a stronger pound weighed on export-oriented companies. The benchmark FTSE 100 lost 0.26% in early deals at 6,919.95 with large dollar-earning exporters like consumer staples companies Unilever (ULVR), Diageo (DGE) and British American Tobacco (BATS) slipping by up to 1% as the pound strengthened ...

The latest signs that the Biden administration is getting tough on corporate regulation and tax have put the tobacco sector under pressure. Shares in British American Tobacco (BATS) and Imperial Brands (IMB) fell between 5% and 6% on 20 April, mirroring similar moves for their US-listed counterparts, on reports the Biden team is considering plans to cap nicotine levels in cigarettes. This ...

London’s FTSE 100 finished Tuesday’s session down 2% at 6,859.87 as stronger sterling and resurgent concerns about the course of the global Covid-19 pandemic weighed on investor sentiment, while tobacco stocks remained weak amid reports of US regulatory pressure. On Wall Street the S&P 500 was down 0.9% at 4,128.07 by 4.30pm UK time. TOBACCO STOCKS TUMBLE Shares in British American ...

UK stocks continued to slide on Tuesday following some mixed company updates and modest profit-taking after the big gains of last week, with weakness also reflecting the pound’s continued rise on UK recovery hopes and share price declines for London’s two tobacco firms. By midday, the FTSE 100 was down 1.1% at 6,923.5 points while the FTSE 250 was off 0.7% at 22,339. TOBACCO STOCKS ...

Airlines have soared since the value rally started in November as the vaccine rollout fuels optimism over those all-important summer holidays, but a recent share sale by Wizz Air (WIZZ) chairman Bill Franke suggests the easy money in such stocks might already have been made. Franke, an 83-year-old veteran of aviation investing who became Wizz Air chairman in 2004, has sold around half his ...

Exchange-traded funds (ETFs) focused on value stocks have boomed in popularity since the value rally began in November 2020, with the performance of many soaring in that timeframe. According to Bloomberg, in the US value ETFs have already taken in $20 billion so far this year, which is already close to an annual record, and in the first week of March reportedly took in over $5 billion. VALUE ...

Higher than expected UK inflation and a stronger reading on US retail sales conspired to stoke inflation fears on Wednesday, sending the FTSE 100 down 0.6% to 6,710.90 points by the close, by which time the S&P 500 across the pond was off by 0.7%. CORPORATE NEWS Cigarettes colossus British American Tobacco (BATS) dropped 4% to £26.40, even as it reported a rise in annual profit, citing ...

Shares in British American Tobacco (BATS) cheapened 6% to £25.88 on Wednesday despite the Dunhill-to-Lucky Strike maker beating expectations with its full year results. ‘BAT’ shrugged off the impact of the global pandemic to deliver growth in group earnings and new categories for 2020, but an uncertain outlook for 2021 weighed on sentiment towards the stock, with the tobacco titan warning ...

As the oft-quoted disclaimer forewarns, ‘past performance is no guide to future returns’, yet those funds and managers that routinely outperform over economic and stock market cycles must be pursuing a winning process that should pique the interest of investors. To find theses super-consistent unit trusts and open-ended investment companies (OEICs), Shares analysed data from FE Fundinfo to ...

UK stocks fell in early trade on Friday and look poised to close the week lower as fresh lockdowns and rising virus cases dampened hopes of a swift economic recovery. The British economy will take more than two years to recover to its pre-coronavirus levels, according to a poll by Reuters, with more than 70 economists saying it would contract 1.4% this quarter. The poll comes alongside figures ...

London’s FTSE 100 finished Wednesday’s session up a modest 0.3% at 6,575.7 as the pound weakened ahead of prime minister Boris Johnson’s dinner with European Commission president Ursula von der Leyen to discuss Brexit. UK blue chips were buoyed by rising investor optimism that US lawmakers will strike a new stimulus deal for the world’s largest economy as well as Johnson ...

London’s FTSE 100 traded in positive territory on Wednesday amid rising investor optimism that US lawmakers will strike a new stimulus deal for the world’s largest economy. Blue chips were also buoyed by another bout of good news after Johnson & Johnson notified markets that its single-dose vaccine will complete final trials in January. Keeping a lid on gains however was prevailing ...

Dunhill-to-Lucky Strike brand owner British American Tobacco (BATS) has raised top line guidance for 2020 to the upper end of previous expectations on the back of an improved volume outlook. Performing strongly despite the challenges presented by the pandemic, ‘BAT’ upgraded constant currency adjusted revenue growth guidance to the high end of its previous 1%-to-3% forecast range for ...