Oil major Shell (SHEL) presented an updated second-quarter outlook which contained few changes to its production forecasts but signalled its renewables unit would make a considerable loss. The shares, which have outperformed the FTSE 100 index with a gain year-to-date of 12.6%, traded sideways at £28.92 as investors focused instead on the outcome of the general election. QUESTIONS OVER RENEWAB...

Stock prices in London where in the green on Friday morning as investors digested the landslide Labour victory in the general election ending 14 years of Tory rule. Labour's Keir Starmer is set to be the next Prime Minister after the party's election victory overnight. Later on Friday, markets in New York will reopen after being closed for Independence Day. Investors will be eyeing this month's...

Stocks in London closed mostly higher on Thursday as investors awaited the outcome of the UK general election. Pollsters currently have Labour waking up to a majority, marking the first time that the party has been in power since 2010. The FTSE 100 index closed up 70.14 points, or 0.9%, at 8,241.26. The FTSE 250 ended up 80.92 points, or 0.4%, at 20,610.34, while the AIM All-Share closed fracti...

Less than two weeks after the company issued a damaging profit warning, Steve Hatch, CEO of international online research and data analytics group YouGov (YOU:AIM) bought 41,247 shares at 412p in a trade with a total value of £169,938 on 1 July. Shares plummeted on the day of YouGov's warning (20 June). Year-to-date shares have fallen 65%. GB GROUP DIRECTOR BUYS 20,000 SHARES Dev Dhiman, CEO o...

Stock prices in London were higher at midday Thursday, as voters continue to turn out at poll stations to deliver what is expected to be a general election victory for the Labour party for the first time since 2005. The FTSE 100 index was up 66.66 points, or 0.8%, at 8,237.46. The FTSE 250 was up 41.98 points, or 0.2%, at 20,571.24, and the AIM All-Share was up 0.67 points, or 0.1%, at 770.79....

In an interesting turn of events, after a couple of years 'in the wilderness', investments trusts seem to have come back into favour as an asset class this year according to data from the AIC (Association of Investment Companies). In the six months to the end of June, the average trust returned 8% compared with 5.6% for the FTSE 100 large-cap index and 4% for the FTSE mid-cap index. 'After two...

Medical products maker Smith & Nephew (SN.) topped the FTSE leader board with the shares jumping 7% to £10.5 after activist investor Cevian Capital disclosed a 5% stake, making it the second largest shareholder in the group. The shares are down around 13% over the last 12-months compared with a 7% gain in the FTSE 100 index as the knee and hip replacement specialist has struggled to improve pe...

The FTSE 100 and FTSE 250 were in the green on Thursday morning, with Brits heading to polling stations to vote in the general election. Based on surveys leading up to election day, it looks like Labour will win a majority, ousting the Tory's after nearly a decade and a half in power. Across the channel, French voters went to the polls for the first round of the legislative election on Sunday,...

European stocks closed higher in confident trade on Wednesday, with the mood supported by cooler US data aiding interest rate cut hopes, and belief that the French election outcome could be more favourable than first feared. French voters went to the polls for the first round of the legislative election on Sunday, and they return to them this week. In the UK, there was a boost for the Labour Pa...

Stock prices in London were higher at Wednesday midday ahead of the UK general election on Thursday, with the opposition Labour party expect to win a comfortable majority. Also keeping stocks in the green was positive inflation news from US Federal Reserve Chair Jerome Powell, ahead of an Independence Day holiday, starting locally at 1400 EDT today. Speaking on Tuesday, Powell said the US centr...

It hasn't been a vintage year for the UK stock market, but there are signs investors are coming back attracted by the cheap valuations on offer compared with the US as well as decent earnings prospects for UK companies. The FTSE 350 index is up 5.5% year-to-date, with the FTSE 100 large-cap benchmark up 5.6% just shading it from the FTSE 250 which is up 4% year-to-date. TANKS AND BANKS THE WINN...

Shares in Paramount Global (PARA:NASDAQ) gained 7% yesterday and added a further 3% to $19.32 in after-hours trading after the US media firm said it had resumed merger talks with Californian-based TV and film production company Skydance Media. In June, talks between the two were called off after both parties failed to reach agreement on the terms of the deal. Heavy selling in Paramount on big s...

French drug maker Sanofi (SAN:EPA) has received European regulatory approval for Dupixent, its asthma and skin drug to treat patients with chronic lung disease. Dupixent is the first-ever targeted therapy for COPD (chronic obstructive pulmonary disease), known as 'smoker's cough' since it mainly affects cigarette smokers. COPD restricts airflow and affects over 35 million people in Europe and n...