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Staffline Group Shares News & Articles

Market Report: Kingfisher and Serco shine, Staffline investors suffer on placing

The FTSE100 is nudging higher after a report in the South China Post hinted that the US and China had reached a tentative truce in their on-going trade dispute. The index of the top 100 shares gains three points to 7,419 in early trade. Banks, builders and miners are leading the index, up 0.72%, 0.63% and 0.95% respectively, while tobacco, down 1.2%, and personal goods, down 0.82%, are a drag ...

Market report: Babcock takeover rebuffed, Kier rethinks strategy as airlines come under Lufthansa pressure

UK investors begin the week with takeover talk to digest after defence contractor Babcock (BAB) admits it turned down approaches of a tie-up from outsourcing peer Serco (SRP). There is also a strategy overhaul reported by troubled construction firm Kier (KIE) and a profit warning from German airline Lufthansa to mull, the latter hurting UK listed airlines that have been struggling with rising ...

Recruiter Staffline blames Brexit as share price collapses more than 50% on profit warning

Shares in Staffline (STAF:AIM) have collapsed to multi-year lows after the recruitment and training firm put out a massive profit warning as trading slumps in the first quarter on Brexit woes. At 10am the stock is trading at 400p, a staggering 52% down on the 838p at which the stock closed on Thursday. The company's core recruitment business has been hit by a wave of negative sentiment ...

Market report: Amazon-backed Deliveroo threat for Just Eat, EasyJet rallies and Metro Bank pulls off cash call lifeline

After a week dominated by ongoing tariff talks between the US and China and their impact on global trade, Brexit worries have again resurfaced to drag on UK investor sentiment. The UK's benchmark gets off to a shaky start to early trading on Friday, declining around 16 points to 7,337, but the market mood is not being helped by new emerging threats to FTSE 100 food delivery business Just Eat ...

Market Report: Standard Life Aberdeen and Burford Capital lead gainers ahead of key vote

Stocks get off to a better start on Wednesday on hopes that MPs will vote against a ‘no-deal Brexit’ in the House of Commons later today. The FTSE 100 index of leading stocks adds 0.3% to 7,151 points led by BP (BP.), Reckitt Benckiser (RB.) and Rentokil (RTO). Top gainer on the FTSE is Standard Life Aberdeen (SLA) which rises 3% to 253p on news that Keith Skeoch has been appointed as ...

Market report: Water sector rallies on watchdog approval but BT slides on third quarter growth and cash flow pinch

UK water industry stocks are rallying in early trade on Thursday after the three UK listed firms – Severn Trent (SVT), United Utilities (UU.) and Pennon (PNN) – see their business plans win watchdog approval. That sends sector share prices rallying having removed a hefty unknown for investors, led by the 1.5% rise at United Utilities to 832p, the UK’s largest water company. The ...

Market report: Miners take the lead while LSE splashes out and retailers revel in pricing news

UK stocks are on the front foot this morning with the FTSE 100 index up 1.3% to 6,833 points led by mining stocks ahead of the resumption of US-China trade talks. Evraz (EVR) adds 1.6% to 487p, Glencore (GLEN) adds 1.9% to 303p, Anglo American (AAL) adds 2.3% to £18.93 and Rio Tinto (RIO) is out front up 3% to £41.98. Company news is thin on the ground with London Stock Exchange (LSE) the ...
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