- 2022 Profit and revenue growth expectations downgraded - Sales growth slower than expected - Company expects to release 10-15 new titles Video games publisher and developer Devolver Digital (DEVO:AIM) has downgraded full year 2022 expectations for revenues and profits after experiencing slower than anticipated sales growth over the first five months of the year. Shares in the ...

London Stock Exchange Group (LSEG) £74.38 Loss to date: 4.7%. Original entry point: Buy at £78.12, 12 August 2021 Although London Stock Exchange Group (LSEG) is trading nearly 5% below the level at which Shares recommended buying the stock, we remain confident in the investment case. First quarter results (27 April), saw management confirm they were on track to ...

Sanford DeLand’s CFP SDL UK Buffettology (BF0LDZ3) and CFP SDL Free Spirit (BYYQC27) funds have forged top-notch long-term performance records since respective launches in 2011 and 2017 thanks to the unwavering pursuit of ‘Business Perspective Investing’, a quality-focused approach championed by ‘Sage of Omaha’ Warren Buffett and Charlie Munger. Unusually ...

Every chief executive talks about creating shareholder value, but which ones walk the walk? While the investment trust industry can count on 27 managers with at least 20 years under their belt at the same firm, there are very few FTSE 100 chief executives with that kind of track record. The most obvious is Simon Wolfson (pictured), who has headed Leicestershire-based high street retailer ...

Despite the best efforts of quite a few holdings, our ‘stocks for 2022’ portfolio is lagging the FTSE All-Share index since being launched in late December 2021. We’re up 2.4% versus a 3.2% gain from the benchmark. Nevertheless, to be in positive territory is a good achievement given how volatile the first three months of the year have been for stock markets, and the FTSE All-Share index ...

Shares in London Stock Exchange Group (LSEG), drifted 0.93% lower to £78.88, despite reports the group has agreed a $1 billion deal to sell its securities execution and post-trade processing services business BETA. BETA is being acquired by a consortium comprising Motive Partners, a sector specialist private equity firm and Clearlake Capital, an investment firm operating across private ...

Shares in CQS Natural Resources Growth & Income (CYN) cheapened 2.7% to 184p on Friday, despite the resources focused investment trust reporting a first half net asset value total return of 15.2%, materially ahead of the composite benchmark’s 0.2% increase. The share price reverse appears to reflect profit-taking following a recent share price spike against a backdrop of surging raw ...

After years in the wilderness the FTSE 100 is finally coming into its own as some of the key features of the index go from being liabilities to advantages. Our analysis suggests that, in a world of inflation, rising interest rates and surging commodity prices, many of the big names which dominate the index are well placed. As well as domestic investors, this could well increase the appeal of ...

There are many advantages to running a concentrated portfolio over a diversified portfolio, but sometimes investors may have too much concentration in their holdings if they aren’t aware of what is in the different funds they own. A screening of the top holdings in some of the most popular global equity funds and investment trusts keeps throwing up the same three names again and ...

After a weak session in Asia overnight, UK shares recovered from their morning lows to trade sideways at lunchtime as banks and other financial stocks crept higher, offsetting further falls in house builders and weakness in retailers. Gold was down 0.2% at $1,823 an ounce while Brent crude was 0.2% higher at $84.35 a barrel. Sterling continued its advance against the dollar, up another 0.2% to ...

Shares in online fast fashion retailer ASOS (ASC:AIM) rallied 10.5% to £24.96 as the one-time stock market darling maintained full year guidance and said it will move from AIM to the Main Market by the end of February. Given its market cap north of £2.2 billion, ASOS should qualify for a place in the FTSE 250 index later this year and benefit from index funds buying its stock. RELIEF RALLY ...

The FTSE 100 closed Wednesday’s session with a modest gain, edging 0.16% higher to 7,516.87 points on ongoing optimism over the impact of the less severe Omicron strain and support from a solid ADP private sector payrolls report across the pond, which prepared investors for a decent non-farm payrolls print on Friday. Blue chip miners Rio Tinto (RIO) and BHP (BHP), banks Lloyds (LLOY) and ...

By midday on Wednesday, London’s FTSE 100 had shaken off its earlier losses and resumed the upwards momentum it displayed on its first trading day of 2022, as broker upgrades helped lift some heavyweight stocks and supermarkets gained ground on positive industry data. The blue chip benchmark traded 0.19% higher at 7,519.62 by lunchtime, though the FTSE 250 was flat at 23,895.60. Investors ...

Major UK equity markets lost the positive momentum established in the previous session during early trading on Wednesday morning. Both the blue chip FTSE 100 FTSE 250  dipped into negative territory. At 9am the FTSE 100 was trading down 0.05% at 7501.43, and the FTSE 250 was 0.07% weaker at 23,880.65. Investors will be awaiting the release of US ADP private sector payrolls data later today ...

This trade requires taking a contrarian view. Market sentiment is weak towards the stock, yet the valuation has become attractive for what is fundamentally a decent business. Shares in London Stock Exchange (LSEG) have fallen by a third in value since February on concerns surrounding integration costs associated with the group’s $27 billion acquisition of data provider ...

Accsys Technologies Accsys (AXS:AIM) is a global leader in sustainable wood technology and sells its products into the construction and building materials industries in the UK, Europe, North America and Asia through timber distributors. Its Accoya wood product is both sustainable and high-performing, with a 50-year guarantee, which makes it an ideal replacement for ...

Shares in London Stock Exchange (LSEG) rose 1.2% to £66.06 following the announcement it would acquire trade and risk software firm Quantile for up to £274 million. Quantile provides portfolio, margin and capital optimization services to banks, hedge funds and financial institutions trading derivatives. The transaction is being funded from existing cash resources and is expected to close in ...

Shares in London Stock Exchange Group (LSEG) fell to the bottom of the FTSE leader board, losing 3.5% to £78.24 despite a strong third quarter trading update, as shareholders reflected on the lack of new news on costs and capital spending. In March, investors took fright at the costs associated with the Refinitiv acquisition sending the shares down by 20%. The market was hoping for some ...

London’s FTSE 100 traded 0.39% higher at 7,218.19 points on Friday, the blue chip benchmark shrugging off weaker retail sales data amid easing China concerns following reports that cash-strapped property firm Evergrande will make a key interest payment at the weekend. UK retail sales volumes fell 0.2% in September, bucking expectations for a monthly rise of 0.5%. Overnight across the ...

THIS IS AN ADVERTISING PROMOTION Petro Matad (MATD:AIM), Bacanora Lithium (BCNA:AIM), Anglo Pacific Group (APF), SolGold (SOLG) and Yellow Cake (YCA:AIM). What do these companies have in common? They have all partnered with PrimaryBid to enable retail participation in their fundraisings. Why does this matter? While many companies have wanted to include retail investors when raising ...