Deal represents a 35% premiumOffer includes a share elementFirms cite ?strong commercial logic?Building products group Tyman (TYMN) is the latest UK mid-cap to attract a trade buyer with US firm Quanex (NX:NYSE) offering 400p per share for the business in a mix of cash and stock.Tyman shares jumped 29% to 381p although volumes were fairly light compared with previous days. SUBSTANTIAL SHARE

Firmly out of favour with investors since the Brexit vote seven years ago, the FTSE 250 index rallied strongly on the release of the latest UK inflation data (19 July). This showed UK CPI rising by 7.9% year-on-year in June, lower than forecasts of an 8.2% rise, theoretically reducing expectations for the scale of future interest rate hikes from the Bank of England.Yet even after a big one-day jum

- Index changes to be announced tonight- Three new names to join the FTSE 100- Four new faces in the mid-cap FTSE 250Investors with FTSE tracker funds will be keenly waiting for details of the latest index reshuffle due to be published after the market close tonight.As well as changes to the FTSE 100 big-cap index there are expected to be several changes to the FTSE 250 mid-cap benchmark and the F

It is one thing for analysts to forecast which stocks and sectors will do well in a rising-rate or inflationary environment, but when it actually comes to pass it's always fascinating to see what works in practice.Judging by the list of stocks making 12-month highs over the past week, those who favoured real assets were on the money.Standing tall are 3i Infrastructure (3IN), AEW UK REIT (AEWU), GC

Both the FTSE 100 index of leading shares and the mid-cap FTSE 250 Index ended Wednesday's trading session in negative territory as concerns regarding UK inflationary pressures mounted.The CPI (consumer price index) rose to a near 10 year high in October of 4.2% from 3.1% in September and is likely to increase further during the rest of the year.Weakness in US equity markets also weighed as invest

London's major stocks opened modestly lower as the inflation genie continues to work its way out of the bottle, although banks defied the gravitational pull.At 9am, the benchmark FTSE 100 was 0.13% down at 7,317.61 after UK inflation rose to its highest in almost a decade. But there was plenty of demand for bank stocks, seen as benefitting from an increasingly likely rise in interest rates, with L

One of the very few positive effects of last year's pandemic was an increase in consumers spending on the repair, maintenance and improvement of their flats and houses.Having been confined indoors for months at a time, it didn't take long for people to set about redecorating and adding more indoor or outdoor space so they could live and work remotely more comfortably.That led to an explosion in pr

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)

In this article we are going to look at bold earnings revisions and explore if they help identify winning stocks. In this context 'bold' refers to a large percentage change in a consensus earnings forecast, as well as the rarer, but possibly more important case where a top-rated analyst moves significantly away from the consensus.We have also run the data and identified three stocks to buy which c

Shares in FTSE 100 plumbing and heating group Ferguson (FERG) touched all-time highs of £96.80 in early trading after the firm brought forward its third quarter trading update and lifted its full year earnings outlook.For the three months to the end of April sales rose an impressive 24.5% to $5.9 billion, with organic growth topping 20% as the firm passed on what it described as sequentially incr

Shares in building components supplier Tyman (TYMN) climbed 8% to a 10-year high of 458p after the company lifted its earnings guidance due to trading this year which it said was 'strongly ahead of expectations'.The firm said the positive trading momentum seen in the final quarter of 2020 had continued into 2021 across all three of its divisions, meaning full year operating earnings would be 'abov

Shareholders in investment trust Strategic Equity Capital (SEC) will be hoping that the buyout of its investment manager GVQ will bolster the share price and narrow the widening gap to net assets.GVQ has secured a management buyout from backer RIT Capital Partners (RCP) which will make the investment manager 100% independent. The deal is believed to have been led by GVQ chief executive (CEO) Jamie

The FTSE 100 opens up a handful of points following impressive performances overnight on Wall Street and in Asia.Twinings tea maker and Primark owner Associated British Foods (ABF) sheds 2% to £32.77 despite growing revenues by 15% in the 52 weeks to 16 September. The company also hikes its dividend by 12% to 41p per share. Investors perhaps disappointed by a reference to an impact from lower EU

Gambling marketer XLMedia (XLM:AIM) and car dealer Pendragon (PDG) are among Berenberg's top picks for UK mid-cap value stocks. The investment bank thinks these stocks, plus a few others, still offer decent upside to investors despite the broader stock market having already rallied this year.It believes investors could make approximately 20% profit through buying shares in XLMedia. Its 150p, 12-mo

A buoyant US housing market helped building products supplier Tyman (TYMN) to strong revenue and profit gains in the six months to 30 June.Revenue at Tyman gained 3.8% at constant currencies and 14.8% after currency swings as increasing growth rates in its US-focused Amesbury Truth unit boosted results.And underlying profit-before-tax at the windows and doors component manufacturer increased 18.9%

Seeking to reassure investors immediately after the Brexit vote, Neil Woodford said it was not his central view that the UK economy falls into recession.Admitting the view may sound controversial, he added there could even be some companies that benefit.'Growth in consumer cash flow will be marginally lower, principally because fuel prices will be higher but of course exporters will enjoy somethin

An encouraging read-across from the results of a US rival should fireinterest in building products business Tyman (TYMN).Predominately a supplier of engineered components to the door and window industry, the company is well placed to capitalise on its existing sales channels, particularly in North America and Europe.Encouragingly growth in the US single family residential market looks like returni

Despite challenging market conditions and some stiff currency headwinds, supplier of engineered components to the door and window industry Tyman (TYMN) has delivered a healthy set of full-year results and shares in the £484.9 million cap are up 1.5% at 286p. It is however the group's recent acquisitions that are likely to have piqued market interest.Tyman's ERA division should benefit from the Re