Moneysupermarket.com Group (MONY)

UK markets were weaker on Thursday with the FTSE 100 down 0.5% to 7,545 despite a much-anticipated cut in US interest rates overnight. The major US stock indices lost more than 1% after the chairman of the US Federal Reserve said that the 0.25% rate cut did not mark the beginning of a lengthy easing cycle. The Hong Kong central bank cut rates by 0.25% in line with the Federal ...

Investors should always sit up and take notice when an analyst changes stance on a stock, particularly if they are upgrading to buy or downgrading to sell. It sends a strong message that something has changed with the investment case. Sometimes they change rating on a stock for valuation grounds. For example, a stock may have fallen in price to such an extent that they think it is now worth ...

Few of us love household admin and even if we did, even fewer of us are blessed with huge amounts of time to devote to it no matter the savings we could achieve. It’s no wonder that a new platform which could take the stress out of switching energy, broadband, insurance and financial services providers is generating excitement about the investment case at price comparison site GoCompare ...

Just weeks after serving up a very strong set of 2018 numbers  price comparison site Moneysupermarket (MONY) is at it again. First quarter results are significantly ahead of expectations sparking renewed share buying by investors. Up more than 9% at 380.2p in early trade, this would represent the stock's highest ever close, if it stays there. Before 2019 the share price's peak was 367p in ...

London’s FTSE 100 trades 18.5 points lower at 7,453 ahead of the Easter weekend with consumer goods goliath Unilever (ULVR) and tobacco manufacturer Imperial Brands (IMB) doing their best to lift the blue chip index, but having to battle weakness in household goods specialist Reckitt Benckiser (RB.) and miner Glencore (GLEN). Unilever improves 89p or 2% to £44.67 as first quarter (Q1) sales ...

Generating a steady income from the markets in retirement isn’t as hard as you might think. Doing some basic research and understanding the risks involved with certain investment products are good starting points. In this article we’ll discuss these topics and more in order to help you find that prized stream of cash. Anyone deciding to stay in the markets instead of generating a fixed ...

It’s long been said that the US is a graveyard for the ambitions of UK companies, as retailers Marks & Spencer (MKS) and Tesco (TSCO) found to their cost historically, and online estate agent Purplebricks (PURP:AIM) follows that sorry tradition today as its nascent North American business contributes to a big revenue warning. The shares are currently down 26.5% to 121.1p, paring earlier ...

Price comparison is a competitive space, so it is little wonder that today’s results from Moneysupermarket.com (MONY) are being received so positively by the market. The shares are marked 5.5% higher to 329.7p as the company reports growth in revenue, earnings and the dividend. Drilling down a bit further the company’s two biggest verticals (or sectors) Insurance and Money, which ...

The FTSE 100 is up 0.4% 7,222.45 as positively received corporate results help provide the index with a lift on Thursday. Pharmaceutical giant AstraZeneca (AZN) gains 4% to £59.49 after a 'strong' fourth quarter led by performance of new medicines underscored its return to growth and saw the drugmaker meet its guidance. For the 12 months to 31 December, revenue fell 2% to $22.1bn and ...

In a companion piece to last week’s FTSE 100 special, this week Shares investigates the FTSE 250 index, the authoritative measure of UK-quoted mid cap companies. It could be described as Anteros to the FTSE 100’s Eros; the FTSE 250 is more obscure than its larger and more celebrated sibling index yet it has attracted investment right from its October 1992 launch. Perceived as the better ...

Reports that Amazon could enter the insurance price comparison market have spooked investors in three UK-listed companies active in this space. Shares in GoCompare (GOCO), Moneysupermarket (MONY) and Confused.com owner Admiral (ADM) fell hard at the UK market open in response, although their losses have since been pared back. GoCompare initially slumped by nearly 10% but the losses have ...

Price comparison websites could be the latest industry ripe for disruption as reports suggest that Amazon is mulling a move into the space. According to reports, the US online sales giant has been talking to some of Europe’s top insurance firms to see if they would contribute products to an Amazon UK price comparison website. This would be Amazon’s first major move into financial services ...

The tables featured in this article give you the perfect starting point to swot up on stocks during the summer lull and before the market kicks back into gear in the autumn. We’ve pulled together five data-driven snapshots that should help drive idea generation for all investors whether or not your focus is on value, growth or income. LOW PE CANDIDATES (PRICE TO EARNINGS) The ...

Price comparison site Moneysupermarket (MONY) gains 7.4% to 332.3p on a robust set of first half results which included the unveiling of a new joint venture aimed at delivering comparison services on mortgages. The company operates in a competitive market, so it could enjoy significant benefits from finding a new growth area and enjoying first mover advantage. The mortgage market is still ...

Pile ‘em high, sell ‘em cheap sports and leisure goods retailers Sports Direct (SPD) has taken an £85m hit from its investments in struggling Debenhams, it which it has a strategic stake of just under 30%. The news comes alongside full year results showing pre-tax profit falling 72.5% to £77.5m with Debenhams (DEB) having an £85.4m impact due to ‘current year fair value ...

European shares are beating a retreat in early trading as a flurry of corporate results fail to lift sentiment after a new wave of speculation about faster hikes in U.S interest rates hit Wall Street and Asia and soured risk appetite globally. London’s FTSE 100 falls back 70 points to 7,212 on Thursday, a busy day of corporate news. Among the blue chips, banking giant Barclays (BARC) is bid ...

Disruption is everywhere. Changes to established industries and employment dynamics are shaking to their foundations almost every aspect of life. Customers are constantly looking for cheaper, faster and better services, and providers like Amazon, Netflix, WhatsApp, Uber, Airbnb, and many others, are among the companies with a solution. The transition is happening in so many places; from ...

Zoopla-owner ZPG (ZPG) has made two takeover proposals for price comparison site operator GoCompare (GOCO) and both have been rejected on grounds that they undervalue the business. GoCompare says it received a 110p per share proposal in shares on 26 May. After turning that down, ZPG came back on 8 November with a cash and shares deal also priced at 110p. In addition to Zoopla, ZPG already ...

Price comparison site GoCompare (GOCO) slumps 5.3% to 99p as chairman Peter Wood offloads a sizeable chunk of his stake in the company at 100p. Wood has sold 21.3m shares, reducing his holding in the company from 30.7% to 25%. Wood, who is putting the proceeds into his investment portfolio, reaffirms his commitment to the group. He says: ‘GoCompare has an extremely bright future and I very ...

Comparison site Moneysupermarket.com (MONY) falls 9.7% to 324.6p as a strong year-to-date performance heading into today’s mild profit warning proves a toxic mix. We flagged concerns about valuation, competition and the pressure on margins from marketing spend here. Alongside first half results the company says a ‘lack of blockbuster energy deals’ means less switching. Moneysupermarket is ...