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Robert Walters Shares News & Articles

Market report: Melrose flies on aerospace sales while Boohoo struts its stuff

The FTSE 100 opens marginally lower at 7,304 on Thursday after the Prime Minister was boxed in by Parliament overnight. MPs from both sides blocked both a no-deal Brexit and a call for a snap election. In addition a number of stocks are trading ex-dividend today, dragging on the index. After the close last night FTSE Russell announced its quarterly index review, making three changes to the FTSE ...

Recruiter Robert Walters bucks weak sector as trading firmer that first glance suggests

Shares in Robert Walters (RWA) seem to be bucking a weak recruitment sector in the wake of a negative note on Dutch firm Randstad from influential investment bank Goldman Sachs. While the share price has stayed flat at 600p, valuing Robert Walters at £456m, larger operators Hays (HAS) and PageGroup (PAGE) are both off by a couple of percent on Tuesday. In Robert Walters' favour is ...

Market report: trade talks progress, IWG strikes Japan deal and Rio Tinto plans extra investment

Increasing hopes that the US and China will finally put their long-running trade dispute behind them gives investors a welcome lift as we begin a new trading week, but the ongoing lack of corporate news continues to act as a brake on hubris in the UK. In early deals the FTSE 100 remains largely directionless, drifting six points lower to 7,431.01, although FTSE 250 mid-caps are doing better, up ...

Market report: Greggs shocks with pizza-boosted recovery, Aviva turnaround man to leave

British baker Greggs (GRG) reported a 3.2% rise in like-for-like sales for the third quarter to 29 September, an improvement on its first half, thanks to drinks and pizza. The food outlet chain’s drinks range and new focaccia-style pizzas proved popular during a particularly hot summer. Sales at bakery chain Greggs grew over the summer, despite fears that the stores would see a drop off in ...

Market report: IT firm Softcat storms past forecasts, TP ICAP slumps on warning, Ocado losses hit £9m

UK computer services and software reseller Softcat (SCT) is among the biggest risers across the FTSE All Share index in early trade on Tuesday after telling investors it will beat current forecasts. The FTSE 250 firm said its full year adjusted operating profit would be well ahead of its prior expectations, helped by favourable market conditions. Shares in the near-£1.5bn business are running ...
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