- Nexus CEO sells nearly £14 million worth of shares- BAE Systems CFO benefits from bumper year- Genel Energy director snaps up over £250,000 sharesMichael Morris, CEO of Nexus Infrastructure (NEXS:AIM), a UK-based infrastructure services provider, has sold 8,395,008 shares at 163p worth £13,683,863 on 27 March.This share sale comes after another recent sale by Morris of 8.4 million shares via

The boss of electric vehicle charging provider Pod Point (PODP), Erik Fairbairn, recently told the Sunday Express he believed the switch to EVs (electric vehicles) would bring about the demise of the petrol station as we know it. It's an interesting and not so far-fetched view of the future. Think about the way we already live our lives.When Asda opened the first ever supermarket petrol station ba

UK shares slipped back into negative territory on Friday afternoon despite US inflation data coming in as expected with the annual rate moving up to 6.8%, the highest since 1982.The release of the data, and the muted response of the US bond market, where yields fell slightly, gives the Fed the green light to speed up the removal of asset purchases.Shares in enterprise software company Oracle surge

The FTSE 100 climbed back into positive territory at midday Friday but remained directionless ahead of key US inflation data due at 1.30 UK time.November consumer prices are expected to rise by 6.7% on an annual basis, the highest since 1982, putting further pressure on the Fed to speed up the removal of monetary stimulus.Latest data showed that the UK economy grew just 0.1% in October compared wi

UK investors decided caution was the order of the day on Friday after disappointing domestic GDP data and ahead of a U.S. inflation report which could see consumer prices rise by 6.7% on an annual basis, the highest level since 1982.Between September and October, the UK economy grew by just 0.1% compared with prior-month growth of 0.6% and a forecast of 0.4%, leaving it 0.5% smaller than it was in

UK stocks closed lower on Tuesday after investors took a breather from a three-day run of gains, while bets on a vaccine-led economic recovery and a jump in mining stocks helped support index.The trading session had got off to a firm start with confidence building that US lawmakers will succeed with their long-mooted $1.9 trillion stimulus package, with President Biden stepping outside Washington

The UK's leading stocks saw morning gains evaporate at midday as investors drew in their optimism horns. Tuesday trading had hot off to a stellar start with confidence building that moves by US lawmakers will succeed with their long-mooted $1.9 trillion stimulus package, with President Biden stepping outside Washington in a bid to push through the deal.Major miners also provided support after the

UK stocks opened higher on Tuesday thanks to increasing investor confidence that US lawmakers will push through a large stimulus package, while major miners released some positive dividend news.By 8.50 am, the FTSE 100 was up 0.4% at 6,781.8 points, while the FTSE 250 index edged 0.3% higher to 21,474.4 points.CORPORATE NEWSMining titan BHP (BHP) softened 0.3% to £22.21 despite hiking its first h

The FTSE 100 rallied strongly through the late morning trading session on Friday to give bulls a glimmer of hope of closing a pretty dismal week for UK stocks on the front foot.Banks led the way after Barclays (BARC) posted better-than-expected earnings, although industrials, oil and aerospace were also in the ascendant.At 12.40pm, the benchmark FTSE 100 was up 1.5% at 5,874.84, while the mid cap

UK stocks opened higher on Friday after Barclays (BARC) posted better-than-expected earnings and retirement home company McCarthy & Stone (MCS) soared on a takeover bid.At 0824, the benchmark FTSE 100 index was up 42 points or 0.7% at 5,827.72 with banks and house builders leading the way.The rise comes after the conclusion of a more civilized US presidential debate that most pundits agreed wouldn

Stocks around the world took something of a pause today after a heavy sell-off yesterday, though the FTSE remains volatile, with markets concerned over a second wave of coronavirus infections.US markets all closed over 5% lower last night, with the Dow Jones tumbling 6.9%, as pockets of the country battle with a rapidly rising number of cases again, something which appears to be happening in some

Record revenues were not enough to stop shares in engineering services group Nexus Infrastructure (NEXS:AIM) falling 6% to 160p, after it reported a shrinking margin and a 38% drop in profit.In its full year results to 30 September, revenue increased 15% to £155.1m though pre-tax profit fell 38% to £5.7m, mainly due to profits halving at its civil engineering arm Tamdown, which counts the bulk o

Shares in Nexus Infrastructure (NEXS:AIM) skipped 5.3% higher to 140p on Wednesday as investors responded to a reassuring trading update and news of a bulging order book.Like many industry suppliers, Nexus is experiencing caution amid continued Brexit anxiety, yet the cashed-up small cap is on track to meet full year profit forecasts and says it is 'encouraged by the level of growth' in its order

UK stocks erased their early gains to trade higher mid-morning with the FTSE 100 index up 0.3% to 7,233.Leading the market were defensive stocks including British American Tobacco (BATS) up 1.5%% to £27.07, Imperial Brands (IMB) up 1.1% to £18.70 and Centrica (CNA) up 1.3% to 74p.A positive third quarter trading update from copper producer Antofagasta (ANTO) sent its shares up 1% to 867p, liftin

Government support for an electric vehicle (EV) revolution has taken a step forward with proposals for new homes and street lights in areas with on-street parking to be fitted with charging points.The plans are part of an effort to curb CO2 emissions which are also likely to include a ban on the sale of new conventional petrol and diesel cars in the next 20 years or so. Extra government money is a

Nexus Infrastructure (NEXS:AIM) 209pGain to date: 9.1%Original entry point: Buy at 191.5p, 13 July 2017Shares in Nexus Infrastructure (NEXS:AIM) took a knock on 27 April after it issued a profit warning linked to its TriConnex business which designs, installs and connects gas, electricity,water and fibre networks on residential and commercial property developments.The conversion of TriConnex's ord

The FTSE 100 opens 9.4 points up at 7,430.37 as Asian markets are ending the week in positive territory. The leaders of North and South Korea, two nations technically still at war, have met in what is viewed as a landmark occasion.The Royal Bank of Scotland (RBS) share price is down 1.2% to 269.2p despite a 70% improvement on its first quarter operating pre-tax profits to £1.2bn.However, its net

Engineering services group Nexus Infrastructure (NEXS:AIM) says its order book has progressed from circa £180m in July to now sit at £202m. The bulk of the order book relates to its core brand Tamdown which builds roads, undertakes earthworks, creates drainage systems and constructs reinforced concrete frames for housebuilders.Chief executive Mike Morris says Nexus has recently seen a notable in

The electric vehicle (EV) revolution has moved up a gear over the past few months as Britain and France confirm plans to phase out the sale of diesel and petrol cars by 2040.Car manufacturers such as Volvo and Jaguar Land Rover are developing electric or hybrid vehicles as fast as they can; and even non-car companies including vacuum cleaner specialist Dyson are moving into the electric vehicle sp

A resilient housebuilding market bodes well for engineering services group Nexus Infrastructure (NEXS:AIM) which counts Countryside Properties (CSP), Taylor Wimpey (TW.) and Redrow (RDW) as customers.Nexus owns Tamdown which builds roads, undertakes earthworks, creates drainage systems and constructs reinforced concrete frames for housebuilders, mostly in the south east of England and London.Fast