Electronics engineer XP Power (XPP) saw its share price plunge nearly 18% in trading on Tuesday (18 Jun), leaving the stock more than 40% lower over the past 12 months. Having been marred by slowing orders late last year, this latest blow comes as US peer Advanced Energy Industries (AEIS:NASDAQ) walked away from making a buyout bid for the company. Advanced Energy put out a statement this morni...

Equipment rental firm Ashtead (AHT) posted a fall in pre-tax profit for both the final quarter and the full year to the end of April and forecast a slowdown in revenue growth in the key US construction market. The shares dropped 180p or 3.3% to £53.30, undoing all their gains since mid-March and sending them to the bottom of the FTSE 100 performance table, as investors mulled over the results....

Stocks in Europe were in the green on Tuesday morning, with Premier Inn owner Whitbread leading the way among London's large-caps, with a UK inflation reading and Bank of England decision to come later this week. The FTSE 100 index traded 44.73 points higher, 0.6%, at 8,186.88. The FTSE 250 was up 105.39 points, 0.5%, at 20,265.11, and the AIM All-Share rose 2.97 points, 0.4%, at 777.90. The Cb...

Stock prices in London closed mixed on Monday ahead of UK inflation data and a rate decision from the Bank of England, and as investors digested the latest house price reading. The FTSE 100 index closed down 4.71 points, 0.1%, at 8,142.15. The FTSE 250 ended up 39.36 points, 0.2%, at 20,159.72, and the AIM All-Share closed up 1.11 points, 0.2%, at 774.93. The Cboe UK 100 ended down slightly at...

Luka Mucic, chief financial officer of Newbury-based mobile network operator Vodafone (VOD), bought 510,000 shares at 76.15p for a total value of £388,365 on 4 June. Vodafone shares are down 1.1% year-to-date against a 5.6% gain for the FTSE 100. The purchase came less than a week after Vodafone announced it had completed the sale of its Spanish operations to Zegona Communications for €5 bil...

Stocks in London made a cautious start to the week, with falls in mining stocks pegging back the FTSE 100 after mixed economic data from China. The FTSE 100 index traded down 7.60 points, 0.1%, at 8,139.26. The FTSE 250 edged up just 1.22 points to 20,121.58, and the AIM All-Share lost 0.54 of a point, 0.1%, at 775.50. The Cboe UK 100 was down 0.2% at 810.01, the Cboe UK 250 was up 0.1% at 17,5...

Pharmaceutical giant AstraZeneca (AZN) said it has received US regulatory approval for its cancer drug Imfinzi to treat patients with advanced or recurrent endometrial cancer. The approval was based on results from a late-stage trial which showed Imfinzi plus carboplatin and paclitaxel followed by Imfinzi monotherapy reduced the risk of disease progression or death by 58% versus chemotherapy al...

Mind Gym's (MIND:AIM) shares slumped the best part of 30% to an all-time low of 27.5p after the corporate training specialist reported an 18% plunge in sales for the year to 31 March 2024 driven by constricted customer HR (human resources) budgets and warned the new financial year will be one of 'recalibration'. The London-headquartered staff training play lurched from pre-tax profits of £3 mi...

European stocks recovered some poise Monday after a difficult week, though there could more volatility for equities in London and mainland Europe, with political campaigns picking up speed, and a Bank of England decision to come. Stocks in Asia traded lower, with mixed data from China hurting enthusiasm. The FTSE 100 index opened up 40.03 points, 0.5%, at 8,186.89. The FTSE 250 was up 118.58 po...

London's FTSE 100 capped off a losing week with a slight decline on Friday, though it avoided the heftier falls seen on the continent as French political uncertainty weighed heavily on the CAC 40 in Paris once more. The FTSE 100 index closed down 16.81 points, 0.2%, at 8,146.86. The FTSE 250 ended down 75.59 points, 0.4%, at 20,120.36, and the AIM All-Share lost 4.39 points, 0.6%, at 776.04. Fo...

Markets in Europe fell at midday on Friday, as investors digested upcoming elections. The FTSE 100 index was down 38.55 points, 0.5%, at 8,125.12. The FTSE 250 was down 99.98 points, 0.5%, at 20,095.97, and the AIM All-Share was down 2.93 points, 0.4%, at 777.50. The Cboe UK 100 was down 0.5% at 808.49, the Cboe UK 250 was down 0.9% at 17516.73, and the Cboe Small Companies was down 0.2% at 167...

Today marked the first day of unconditional dealing on the stock market for Raspberry Pi (RPI), which meant investors could buy and sell shares in the affordable computer designer as they wished without restrictions. This trading freedom saw the stock enjoy another pop, jumping a further 14.3% to 471p versus a top-of-the-range listing price of 280p. Investors lucky enough to get in at the start...

US stocks markets scaled new all-time highs after consumer prices and producer prices came in cooler than economists expected, potentially opening the door for the Federal Reserve to loosen monetary policy sooner. Fed chair Jerome Powell welcomed the latest inflation data but remained hawkish in his view that rates would remain on hold until Fed committee members gained more confidence in the s...