Shares in online gambling firm Evoke (EVKOK), formerly known as 888, dropped over 8% to 79.3p after the William Hill, 888 and Mr Green branded business issued a full-year profit warning. The company said first-half adjusted EBITDA (earnings before interest, tax, depreciation, and amortisation) was running £35 million to £40 million behind plan which would clearly impact its full-year outcome....

Homewares retailer Dunelm (DNLM) demonstrated once again how resilient its business is against a challenging consumer backdrop by posting an increase in sales and earnings slightly above expectations for the year to the end of June. The shares, which had been trading down on the year, added 75p or 7% to £11.80 taking them into positive territory by a small margin. PROFIT TO TOP FORECASTS For t...

Frasers' (FRAS) topped the FTSE 100 leader board on Thursday 18 July, surging 9.5% higher to 899p after the retail giant delivered annual profits at the top end of guidance, driven by Sports Direct, and expressed confidence in delivering 'another strong increase' in profits this year. Controlled by mercurial retail magnate Mike Ashley, Frasers has now passed the half-a-billion-pound mark for an...

London stocks outperformed its European peers on Thursday morning, as investors await a key interest rate decision by the European Central Bank. The FTSE 100 index opened 78.02, or 1.0%, at 8,266.64. The FTSE 250 was up 54.31 points, or 0.3%, at 21,147.65, and the AIM All-Share was up 1.63 points, or 0.2%, at 788.43. The Cboe UK 100 was up 0.8% at 824.37, the Cboe UK 250 was up 0.3% at 18,435.3...

London's FTSE 100 shook off a stronger pound and a robust UK services inflation reading to register its first rise of the week on Wednesday, as investors also digested the latest King's speech, with new Prime Minister Keir Starmer getting his feet firmly under the table at Number 10. A stronger pound is usually a headwind for the international earner-heavy blue-chip index, though some share pri...

Stock prices in London were mostly lower at midday Wednesday, with the FTSE 100 mildly in the green as annual consumer price inflation remained flat in June, while services inflation was viewed as too high for comfort. Meanwhile, in political news, Labour presented a 'packed' legislative agenda in the annual King's Speech, focused on improving living standards by driving economic growth, the fi...

A bit controversial, but share buybacks are one of the easiest ways for a company to return value to shareholders without the tax complications that dividends might entail. By buying back stock, earnings are spread over a smaller share base, so in theory, earnings per share should rise, and potentially, the share price follows. Controversial, because the perceived boost to earnings, and the sha...

Shares in Cohort (CHRT:AIM) were up 4% to 859p in morning trading as the defence specialist said its subsidiary MCL (Marlborough Communications) has been awarded two orders with a total value of £21.4 million by a government customer. In addition, last month the firm's EID subsidiary signed a €33 million three-year contract with NATO's Communications and Information Agency to supply the Port...

Semiconductor equipment maker ASML (ASML:AMS) dropped more than 6% to €919, despite delivering better than expected second quarter sales and profit, after the company forecast third quarter sales below consensus estimates. The shares fell to their lowest level since mid-June but remain almost 40% higher since the start of the year and comfortably ahead of the Nasdaq Composite's 25% return. ST...

Shares in Adidas' (ADS:ETR) skipped 4.4% higher to €239 in Frankfurt after the world's second-biggest sportswear manufacturer upgraded its full year guidance for the second time this year. Hoping for a demand boost from the upcoming Olympic Games in Paris, the athletic apparel company hiked its 2024 forecast following a better-than-expected second-quarter performance which demonstrated that c...

Stocks in Europe were mostly lower on Wednesday morning, ahead of a eurozone consumer price inflation reading and the King's Speech. The FTSE 100 index opened down 10.32 points, or 0.1%, at 8,155.17. The FTSE 250 was down 55.59 points, or 0.3%, at 21,159.81, and the AIM All-Share was up 0.71 points, or 0.1%, at 787.79. The Cboe UK 100 was down 0.2% at 813.97, the Cboe UK 250 was down 0.1% at 18...

Stocks in London ended lower on Tuesday, as mining stocks, water utilities and Burberry weighed down the large-cap FTSE 100. The FTSE 100 index ended down 18.06 points, 0.2%, at 8,164.90. The FTSE 250 added 24.27 points, 0.1%, at 21,213.79, and the AIM All-Share rose 1.50 points, 0.2%, at 786.98. The Cboe UK 100 ended down 0.1% at 815.66, the Cboe UK 250 rose 0.2% at 18,466.14, and the Cboe Sma...