Organic sales grow 2%Tough annual comparisonPositive read for BurberryGlobal luxury goods leader LVMH (MC:EPA) eked out a small increase in first-quarter revenue against strong comparable sales in the same period last year, sending its shares up 3% to ?807 and temporarily arresting the downtrend of the past month.Growth was the weakest since the rebound from the pandemic in early 2021, held back b

This year, Apple (AAPL:NASDAQ) shares have fallen nearly 9%. If that doesn?t sound like a big deal, consider that for the world?s second most valuable company it means the loss of something like $230 billion. That?s the equivalent of an entire PepsiCo (PEP:NASDAQ), or Shell (SHEL) ? the UK?s current largest company ? plus a British American Tobacco (BATS) thrown in.On a one-year view, the stock ha

Currys (CURY) 60.1pMarket cap: £681.3 millionBuy electricals retailer Currys (CURY) following the washing machines-to-smartphones purveyor?s second full-year profit upgrade within three months (18 March). Currys? latest positive earnings revision demonstrates that self-help measures under CEO Alex Baldock?s stewardship are starting to pay off.And given its UK and Nordics market leadership, the FT

Recent sales better than expectedFull year PBT to be ?at least? £115 millionGreek disposal on trackElectricals retailer Currys (CURY) has upgraded its full year profit forecast for the second time in three months following the end of takeover interest from Elliott Advisors and JD.com (JD:NASDAQ), news that sparked a 4% share price rally to 59p.In an unscheduled update, the washing machines, mobil

The gender wealth gap is alive and kicking something highlighted at the start of the year by headlines warning women that, on average, they?ll have to work for a whopping 19 additional years if they want to retire with the same pension as their male counterparts.Shocking statistics aside the picture isn?t altogether straightforward. Women do have money, they do save and looking back over the past

Bank to return £10 billion over next three yearsLender launches cost-cutting driveFresh divisional reorganisationShares in Barclays (BARC) topped the FTSE 100 on Tuesday, rallying 4.5% to 156p after the lender announced a strategic overhaul and plans to return ?at least? £10 billion to shareholders over the next three years via buybacks and dividends.The new plan, which includes a substantial ef

Media company Spotify Technology (NYSE:SPOT) primarily generates cash from streaming music to listeners digitally, and judging by its third-quarter results, where total revenue grew 11% on the previous year to $3.4 billion, business is good for the Swedish-based firm.Subscribers and non-subscribers are able to listen to millions of songs from a variety of genres from indie, rock and pop to classic

THIS IS AN ADVERTISING FEATUREAuthor: InvescoWith the world such a vast place, how and where do you begin to invest?Whether you?re saving for retirement, looking to pay off your mortgage or any other future goal, investing in equities has been one of the most successful ways of generating long-term growth.However, equities can go down as well as up. That?s where diversification comes in. Spreading

It's action stations at entertainment giant Walt Disney (DIS:NYSE), where despite fourth-quarter results beating analysts' expectations activist investors Nelson Peltz and ex-Marvel executive Ike Perlmutter are not happy bunnies.In collaboration with Perlmutter, Peltz and his firm Trian Fund Management recently launched a 'proxy fight' for multiple seats on the House of Mouse's board piling on the

Stocks in London went into Thursday afternoon in the red, with equities taking a pause for breath after solid gains driven by favourable inflation data on both sides of the Atlantic led to a growing conviction that rates have peaked.Luxury goods firm Burberry, as well as oil majors Shell and BP, weighed on the FTSE 100. The owner of Royal Mail also suffered a share price fall, though Hotel Chocola

Stock prices in London opened tepidly on Thursday, amid both positive and negative developments from blue-chip companies.The FTSE 100 index opened up 1.63 points at 7,488.54. The FTSE 250 was down 25.89 points, 0.1%, at 18,650.59, and the AIM All-Share was up 1.33 points, 0.2%, at 716.90.The Cboe UK 100 was up 0.1% at 747.26, the Cboe UK 250 was flat at 16,152.02, and the Cboe Small Companies was

Midwich director Fenby adds to his portfolioBodycote non-executive director snaps up 10,000 sharesWise CFO sells over £211,000 sharesStephen Fenby group managing director at Midwich (MIDW:AIM), the global specialist audio visual distributor to the trade market, has bought 50,000 shares at 376p for a total value of £187,885 on 30 October 2023.Following this transaction, Fenby and 'persons closely

Discerning investors who are looking for well-managed, well-capitalised companies with a sustainable edge have been finding their way to the Stewart Investors Worldwide Sustainability Fund (B7W3061) steadily over the past decade.A £10,000 investment in the fund 10 years ago would be worth £22,372 today, although at the peak towards the end of 2021 it would have been worth just over £28,000 acco

All eyes will be on inventory levels and management's commentary around current trading when ASOS (ASC) puts up full year figures on 25 October. While the online fast-fashion seller's turnaround strategy is progressing, early success has yet to show up in the numbers with the retailer's youthful customer demographic strapped for cash and ASOS slashing prices to fend off stiff competition.Chinese f

Insurance non-exec buys sharesBig Technologies sets up employees trustMidwich director buys after strong resultsMohit Joshi, a non-executive director at UK insurer Aviva (AV.), bought 59,300 shares at 409p on 12 October for a total value of £242,537.The deal comes after several Aviva employees bought shares over the past few weeks, including chairman George Culmer and chief executive Amanda Blanc

Tesla (TSLA:NASDAQ) unveiled another round of vehicle price cuts in the US (2 October), the seventh time this year that the world's biggest electric car maker has lowered prices on some models.Yet investors were left a little miffed by lower third-quarter deliveries, even after planned production 'downtime', and this helped sour sentiment a touch ahead of third quarter earnings on 18 October.The c

THIS IS AN ADVERTISING FEATUREAuthor: InvescoYou've probably heard the expression, there's safety in numbers. It means it's generally less risky to do something if lots of other people are doing it rather than doing it alone. Although probably not its original intention, that adage could be applied to investing due to the way markets work. Let's look at why many investors may wish to consider a si

Year-to-date trading on trackMargins and profitability improvingGear4music 'well prepared' for peak selling seasonConcerns over competition, margin pressure, the inflationary squeeze on discretionary spending and the company's net debt in a higher rates environment have sent Gear4music (G4M:AIM) close to all-time lows, with shares in the online musical instruments seller down more than 80% over fi

Stocks in London closed higher on Wednesday, as some tepid UK economic data means that the Bank of England may 'pause for thought' when making its next interest rate decision.Equity markets were also confident looking ahead to the Jackson Hole central banking event.The FTSE 100 index closed up 49.77 points, or 0.7% at 7,320.53 on Wednesday. The FTSE 250 ended up 202.23 points, or 1.1%, at 18,226.4

Organic growth and operating profit guidance raisedFirst half growth led by flu and pain medicines55% of Haleon's business gained or maintained market shareConsumer health giant Haleon (HLN) raised its full-year organic sales growth and operating profit guidance following a strong first-half performance driven by a reassuring combination of price increases and volume growth.The FTSE 100 company sa