Quarterly index changes this weekThree new names to join FTSE 100Four new stocks to join FTSE 250This Wednesday, FTSE Russell ? part of the London Stock Exchange Group (LSEG) ? will announce the results of its latest quarterly index review.This includes potential changes to the FTSE 100, FTSE 250 and FTSE Small-Cap indices which will become effective from the start of trading on 23 December.WHO'S

For readers who may not be aware, being market-cap weighted both the FTSE 100 and the FTSE 250 index are reviewed and rebalanced every three months to take account of share price movements.In the previous review, which took place at the end of February, budget airline group EasyJet (EZJ) won promotion to the FTSE 100 while precious metals group Endeavour Mining (EDV) was relegated to the FTSE 250

Shares down 55% over the past yearAnnual group pre-tax loss of £98.3 millionSlow post-pandemic recoveryShares in Mobico (MCG) were down over 8% to 54p in morning trading despite the bus and rail business reporting a 12.2% rise in group full year revenue to £3.15 billion, driven by improved passenger volumes, route recovery and pricing.The transport group however made a group pre-tax loss of £98

2023 profit guidance revised downSecond delay to 2023 resultsExpects reduction in cost recovery of around £15 millionFormerly known as National Express, Mobico (MCG) was the second biggest faller in the FTSE 250 after the international transport operator lowered annual profit guidance amid accounting issues at its German business.The shares fell 8% to 65.4p which, if sustained would be the worst

Shares in bus and rail business Mobico (MCG) have fallen 37% over one year and more than 80% over five years as the slow post-pandemic margin recovery at the renamed National Express continues to frustrate long-suffering investors.Having spooked the market less than six months ago by cutting guidance and suspending the dividend, the FTSE 250 firm has now delayed its results for the 2023 calendar y

The pound recovered on Tuesday after the Bank of England?s Andrew Bailey discussed possible interest rate cuts, but stock prices still closed down in London.The FTSE 100 index closed down 9.29 points, 0.1%, at 7,719.21. The FTSE 250 ended down 107.27 points, 0.6%, at 19,109.63, and the AIM All-Share closed down 3.28 points, 0.4%, at 753.05.The Cboe UK 100 ended down 0.1% at 772.61, the Cboe UK 250

Stock prices in London were mixed heading into the afternoon on Tuesday, although Barclays helped propel the FTSE 100 into the green on a busy morning of corporate updates and earnings.The FTSE 100 index was up 7.91 points, 0.1%, at 7,736.41. The FTSE 250 was down 47.03 points, 0.2%, at 19,169.87, and the AIM All-Share was down 0.91 of a point, 0.1%, at 755.42.The Cboe UK 100 was up 0.1% at 774.51

Delay caused by German businessFigures being reviewed back to 2022Increase in onerous contract provisionsAfter spooking the market less than six months ago by cutting guidance and suspending the dividend, UK bus and rail group Mobico (MCG) ? formerly known as National Express ? has done it again by delaying its full-year results due to ?accounting adjustments? for its German business.The shares, w

There were several trends in the UK stock market this year which, if you managed to identify them, served you well.Most obviously, although it may not have seemed it at the index level, large-cap stocks generally performed better than small- and mid-caps, although for the lucky few the small-cap space has been rife with takeover activity.In terms of sectors, aerospace and defence topped the FTSE 3