Revenue down 5.4% to £568.6 millionPrint circulation revenue up 2%Pre-tax profits down 10% to £92.7 millionShares in Reach (RCH) were up over 15% at one point in morning trading to 68p after annual profit came in slightly ahead of market expectations. The newspaper publisher reported a 5.4% fall in revenue to £568.6 million for the 53 weeks to 31 December 2023.The shares were also buoyed by po

There is no hotter area to invest in today than artificial intelligence, or AI as it is commonly known. Ever since OpenAI's ChatGPT took the world by storm, investors have been racing to find winners from this explosive trend.Corporate leaders, meanwhile, have been scrambling to prove to investors that they are harnessing the technology to drive revenue growth, improve operational efficiency, and

First there was ChatGPT - the disruptive AI chatbot made by OpenAI (Chat Generative Pre-Trained Transformer) and now there are searches powered by AI (artificial intelligence) which could bring a revolution in digital advertising as well as spell the end of bog-standard online enquiries.REINVENTING SEARCHIn early February 2023, Microsoft (MSFT:NASDAQ) and OpenAI introduced AI-powered Bing and Micr

- Big drop in fourth quarter ad revenues- Print advertising income down more than 20%- Company targeting cost savings of £30 millionNewspaper publisher Reach (RCH) had a painful start to 2023 as a fourth quarter trading update revealed a big slowdown in advertising revenue.The gains the company made in 2021, when the shares traded above 400p, are now a long-distant memory with the stock down 26.5

- Multi-cap trust underperforms due to small cap bias- Dividend cover restored- Cranswick and Marshalls among new purchasesJanus Henderson-managed Lowland (LWI) underperformed the FTSE All-Share in the year to September 2022 as the multi-cap trust's bias to higher-yielding shares and smaller companies lagged an index with a pronounced large cap bent.On the positive side of the ledger, the annual d

-Shares slump on 40% decline in digital advertising yield-Questions over sustainability of clickbait content-Earnings outlook cut for 2022 and 2023Shares in news publisher Reach (RCH) slumped 28% to 84.3p in early trading after highlighting a tough macro backdrop.Digital revenues have been impacted by a drop in the 'open market programmatic yield' that has been driven by the conflict in Ukraine, a

UK stocks closed marginally higher on Tuesday despite most European markets sinking deep into the red and a weak opening on Wall Street.Investors seemed to put their faith in the UK's booster vaccination programme, while European Covid cases rise sharply leading to the re-imposition of government measures to curb the virus's spread.In the US, the re-appointment of Fed chairman Jerome Powell stoked

Shares in Reach (RCH) fell 4.2% to 289p despite the news publisher announcing a positive trading update for the period from 28 June to 21 November, one that indicated revenue growth was ahead of full year expectations.Today's share price reaction is in part due to profit taking, as the business returns to a more normalised pattern of trading, following the relatively weak first half comparatives.R

UK stocks traded marginally higher at lunchtime despite European markets sinking deep into the red and US futures pointing to a weak opening on Wall Street.Investors seemed to shrug off sharply rising European virus cases and the re-appointment of Fed chairman Jerome Powell, which stoked concerns the withdrawal of monetary stimulus would be accelerated to counter inflationary pressures.Brent crude

UK stocks opened weaker on Tuesday after markets digested the re-appointment of Fed chairman Jerome Powell amid concerns that the rate of reduction in monetary stimulus would be accelerated to counter inflationary pressures.Brent crude futures were almost 1% lower at $79.2 a barrel while Gold was flat at $1,804 an ounce. Trading in Asia was quite with China's SE Composite and Japan's Nikkei 225 up

Rising inflation expectations means that growth-hungry investors will need to be increasingly discerning and disciplined in terms of their stock picking in the months ahead.One sensible solution is to invest in a fund where the manager has pedigree in backing dynamic growth companies without overpaying to own the shares. Step forward Mark Slater, who has managed Slater Growth Fund (B7T0G90) since

There are lots of good reasons why investors should have allocations to the FTSE 250, London's high-flying index oriented to mid caps which provides a purer play on the domestic UK economy than the exporter-heavy FTSE 100.The FTSE 250 captures those growth stocks that have come up from the small cap ranks and therefore had a chance to establish themselves. And crucially, it can catch these 'second

For a business involved in the tricky task of selling newspapers in what is certainly a dwindling market, readers may be surprised to know that media group Reach (RCH) has seen its share price rise eightfold in the past 12 months.Key to its success has been strong growth in its digital interests and a resurgence in the advertising market.Reach is a news and lifestyle-focused content company, drivi

UK stocks closed lower on Tuesday as global markets were rattled by increasing regulatory interference from the Chinese authorities.Better than expected consumer confidence data in the US wasn't enough to prevent stocks retreating across the board with the Nasdaq 100 falling close to 2% in early trading ahead of earnings updates from big tech heavyweights Microsoft and Alphabet after the close.At

UK stocks regained some poise Tuesday lunchtime, recovering steep early losses as global markets were spooked by a Chinese crackdown on education, food delivery and property companies and worries state intervention could be extended to the technology sector.At 12pm the FTSE index of leading shares was down 0.4% to 7,000 points.DOWNDRAFTScottish Mortgage Trust (SMT), one of Britain's biggest invest

The UK's major stocks fell sharply on Tuesday following a sharp sell-off in Asia overnight as investors worry about the intensifying crackdown on technology companies by Chinese authorities.The benchmark FTSE 100 lost 1.15% at 6,944.5 with leisure, food and miners dragging on the market mood while poorly received updates from Reckitt Benckiser (RB.) and online greeting cards seller Moonpig (MOON)

UK shares started the new week and month in an optimistic mood, shrugging off recent inflation and bond market jitters as the focus shifted to a vaccine-led recovery and US fiscal stimulus.Trading in Asia was strong with the Nikkei 225 gaining 2.4% and the SE Composite adding 1.2%. Gold prices were 0.7% higher at $1,750 an ounce while Brent Crude added 0.25% to $62.63 a barrel. The pound was stead

UK shares started the new in an optimistic mood, shrugging off recent inflation and bond market jitters as the focus shifted to a vaccine-led recovery and US fiscal stimulus.Trading in Asia was strong with the Nikkei 225 gaining 2.4% and the SE Composite adding 1.2%. Gold prices were 0.7% higher at $1,750 an ounce while Brent Crude added 0.25% to $62.63 a barrel. The pound was steady against the U

UK shares opened the new month higher on Monday, shrugging off recent inflation and bond market jitters as the focus shifted to t0 vaccine-led recovery and US fiscal stimulus.Trading in Asia was strong with the Nikkei 225 gaining 2.4% and the SE Composite adding 1.2%. Gold prices were 0.7% higher at $1,750 an ounce while Brent Crude added 0.25% to $62.63 a barrel. The pound was steady against the

The UK's basket of leading shares has ended the first trading week of 2021 in stellar fashion and recorded gains of more than 6% as investors bet on a swift economic recovery.The benchmark FTSE 100 index closed 0.24% higher to 6,873.26 led by housebuilder, consumer and energy stocks.In the US the S&P 500 was also modestly higher, up 0.13% despite the ongoing political turmoil surrounding the last