Shares in Gear4music (G4M:AIM) rallied 10% to 147.5p after the online musical instrument seller said it was 'optimistic' about its prospects for further profitable growth during full year 2025 having implemented a refreshed growth strategy. While the electric guitar, drum kit and piano purveyor's results for the year ended 31 March 2024 showed a 5% drop in revenue to £144.4 million, this refle...

UK aerospace and defence suppliers were knocked lower by a warning from Toulouse-based Airbus (AIR:EPA), which cut both its production forecast and its earnings outlook for this year due to continuing geopolitical and supply chain tensions. UK engineering companies such as Rolls-Royce (RR.) and Melrose (MRO), together with European manufacturers like MTU Aero Engines (MTX:FRA) and Safran (SAF:E...

European stocks struggled early Tuesday, though the FTSE 100 managed a slight gain, with the mood in markets uncertain after US tech shares were sold off overnight. The FTSE 100 index traded 5.88 points higher, 0.1%, at 8,287.43. The FTSE 250 was down 57.93 points, 0.2%, at 20,504.64, though the AIM All-Share fell 0.72 of a point, 0.1%, at 771.14. The Cboe UK 100 fell 0.1% to 824.77, the Cboe U...

Stocks in Europe closed higher on Monday, with market participants waiting for signs that inflationary pressures are starting to lessen. In the UK, Prudential shares were in fashion, after it started its $2 billion share buyback. Elsewhere in London SIG shares closed lower, after it slashed its profit guidance. The FTSE 100 index closed up 43.83 points, 0.5%, at 8,281.55. The FTSE 250 ended up...

Edward Braham, chair of asset manager M&G (MNG), bought 24,600 shares at 204p for a total value of £50,174 on 20 June. A person closely associated - Isabel Braham - also bought 14,800 shares at 204p for a total value of £30,192 on the same day. These move comes after the asset manager launched a £150 million bond tender offer as part of an overall plan to reduce total company debt. Over the...

Shares in Asian focused insurer Prudential (PRU) jumped more than 6% to 749.6 on Monday, topping the FTSE leaderboard after the firm announced a $2 billion return of capital via a share buyback. The buyback is expected to be completed no later than mid-2026 with the first $700 million tranche beginning today (24 June). Reflecting confidence in the future, the company said progress towards its 2...

Stocks in Europe were in the green at midday on Monday, although markets were feeling some nerves around elections in the UK, the US and France. The FTSE 100 index traded 33.76 points higher, 0.4%, at 8,271.48. The FTSE 250 was up 74.04 points, 0.4%, at 20,516.39, though the AIM All-Share fell just 0.34 of a point to 772.23. The Cboe UK 100 rose 0.4% to 822.88, the Cboe UK 250 climbed 0.6% to 1...

Uber bulls sees Nvidia (NVDA:NASDAQ) hitting a $5 trillion valuation next year fuelled by an AI (artificial intelligence) rally that has far further to run. So says Louis Navellier, chief investment officer at Navellier & Associates, the analysis firm he founded and runs. Navellier predicts that Nvidia stock could smash the $200 mark in 2025. Nvidia has already experienced a meteoric rise, yet...

Shares in Mike Ashley-controlled retail conglomerate Frasers (FRAS) firmed 3.2% to 898p on news it had forged a 'multi-year' partnership with e-commerce innovator THG (THG). The payments and logistics tie-up should 'mutually enhance' the retail operations of both companies and will include the sale of online health and beauty retailer THG's protein powder in Frasers' Sports Direct stores. As pa...

Equities in London traded mixed at the start of the week, with some US tech sector nerves hurting sentiment, with eyes turning to elections in the UK and France as polling day edges ever closer. The FTSE 100 index traded 7.66 points higher, 0.1%, at 8,245.38. The FTSE 250 was down 50.12 points, 0.3%, at 20,392.23, though the AIM All-Share fell 0.41 of a point, 0.1%, at 772.16. The Cboe UK 100 r...

Stock prices in London closed in the red on Friday, after investors were left to mull over mixed local economic data which painted a conflicting picture of the economy. The FTSE 100 index closed down 34.74 points, 0.4%, at 8,237.72. The FTSE 250 ended down 56.37 points, 0.3%, at 20,442.35, and the AIM All-Share closed up 0.19 of a point at 772.57. Over the last five days, the FTSE 100 and the F...

Stocks fell at midday in London on Friday after new data showed that growth in service sector activity was decelerating. The FTSE 100 index traded 63.83 points lower, 0.8%, at 8,209.15. The FTSE 250 was down 104.78 points, 0.5%, at 20,393.94, although the AIM All-Share was up 0.40 of a point, 0.1%, at 772.78. The Cboe UK 100 fell 0.7% to 817.26, the Cboe UK 250 declined 0.5% at 17,755.99, and t...

International events group Informa (INF) said strong operational performances across all its businesses in the first five months of the year mean it is on track to deliver full year results at the upper end of market expectations. The shares ticked up 0.6% to a new 12-month high of 872p in early trading, taking gains for the year to 12% compared with a 7% rise for the FTSE 100 index. CEO Stephe...