Michael Rosehill, non-executive director of up-market cinema group Everyman Media (EMAN:AIM), bought 750,000 shares at 53p for a total value of £397,500 on 1 August. Rosehill is also a director of Blue Coast Capital - a private equity group. Following the transaction, Blue Coast Capital owns 26,603,639 shares equivalent to 29.2% of Everyman's issued share capital. Year-to-date, the shares are...

Stock prices in London were higher at midday Friday, as investor sentiment recovered from the sell-off earlier this week. A week after the shock US nonfarm payrolls print that sent global stocks tumbling, the mood in markets was more sanguine. The NFP print had suggested that the US labour market was weakening much more rapidly than anticipated, which stoked fears of a recession. However, Thurs...

Housebuilder Bellway (BWY) suffered a 30% slump in housing completions during the year to 31 July 2024, one marred by more expensive mortgages, property market softness as well as significant build-cost inflation. Yet shares in the Newcastle-headquartered builder bounced 3% higher to £27.32 as its drop in annual revenue proved less than feared and the firm offered up a brighter outlook for the...

A disastrous start to the week for the US market, as some poor corporate results, weak US economic data and the unwinding of the yen carry trade conspired to drag stocks lower, was gradually wiped out as the week went on. <img src="https://datawrapper.dwcdn.net/keg6i/full.png" alt="" data-mce-fragment="1" data-mce-src="https://datawrapper.dwcdn.net/keg6i/full.png">&am...

European stocks were higher on Friday morning, with mid-cap housebuilder Bellway on the rise, as data from the US on Thursday offered some relief for investors. A below-expected US nonfarm payrolls report for July on Friday last week set off a global sell-off in markets, but the weekly initial jobless claims report on Thursday provided reassurance. In the week ending August 3, the advance figur...

Stocks in London ended lower on Thursday, though avoided deeper losses thanks to a better-than-expected US jobless claims reading. The FTSE 100 index ended down 21.91 points, 0.3%, at 8,144.97. It had been 1.3% lower earlier on Thursday, however. The FTSE 250 fell 67.45 points, 0.3%, at 20,508.58, and the AIM All-Share lost 2.11 points, 0.3%, at 765.21. The Cboe UK 100 ended down 0.2% at 813.12...

Shares in Persimmon (PSN) perked up nearly 3% to £15.86 in morning trading after the leading housebuilder guided to full year completions of 10,500, the top end of management's prior guidance. The FTSE 100 firm also said underlying operating profit and margin were in line with expectations for the six months ended 30 June. Underlying operating profit of £152.3 million was a smidgeon ahead of...

Stock prices were lower at midday Thursday in Europe, ahead of New York Stocks which are called to open mixed as markets remained cautious. The FTSE 100 index was down 80.43 points, 1.0%, at 8,086.45. The FTSE 250 was down 257.43 points, 1.3%, at 20,318.60, and the AIM All-Share was down 5.58 points, 0.7%, at 761.74. The Cboe UK 100 was down 0.9% at 807.71, the Cboe UK 250 was down 1.3% at 17,8...

Among the FTSE 100's worst performers this year, shares in sports betting and gaming giant Entain (ENT) rallied 8% to 564.2p after the Ladbrokes, Coral and Sportingbet owner upgraded guidance for the year to December 2024. This followed a better-than-expected first half from the company, whose second quarter performance was boosted by a favourable win margin in the Euros football tournament, no...

Stocks in London opened in the red on Thursday amid a slew of earnings, ahead of Irish consumer price inflation and US jobs data. The FTSE 100 index opened down 84.56 points, 1.0%, at 8,082.32. The FTSE 250 was down 282.48 points, 1.4%, at 20,293.55, and the AIM All-Share was down 5.40 points, 0.7%, at761.92. The Cboe UK 100 was down 0.9% at 807.54, the Cboe UK 250 was down 1.4% at 17,786.75, a...

Stocks in London rebounded on Wednesday, as a risk-on mood returned following the latest comments from the Bank of Japan. The FTSE 100 index closed up 140.19 points, 1.8%, at 8,166.88. The large-cap index is down just 0.1% so far this week, despite Monday's 2.0% slide. The FTSE 250 rose 208.33 points, 1.0%, at 20,576.03, and the AIM All-Share closed up 7.65 points, 1.0%, at 767.32. The Cboe UK...

Shares in WPP (WPP) were down over 2% to 700p in morning trading as the advertising giant reported disappointing interim results and lowered full year like-for-like guidance reflecting macro pressures and weakness in China. The advertising giant reported a marginal rise of 0.1% in first-half revenue to £7.2 billion and a loss of 3,000 jobs compared to last June. The total number of people in i...