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Watches of Switzerland shares crash 27% as Rolex buys rival retailer

Swiss luxury watch maker buys BuchererUK retailer insists deal won't impact salesInsiders say deal could be 'earth-shattering'Shares in luxury retailer Watches of Switzerland (WOSG) fell by 27% to 499p, a record one-day move and one...

25 August 2023
Hays reassures investors with special dividend despite market headwinds

Temp fees drive like-for-like growthPermanent market remains weakDividends reflects strong cash positionRecruitment firm Hays (HAS) posted a mixed full-year trading update showing an improvement in second-half operating profit but...

24 August 2023
Begbies Traynor is a big counter-cyclical growth play with strong prospects

At first glance, insolvency and business advisory firm Begbies Traynor (BEG:AIM) doesn't shout 'growth stock' but over the last five years the group has doubled its revenue and trebled its pre-tax profit thanks to a mix of organic...

24 August 2023
How to analyse Lloyds Banking in five easy steps

As this is the last instalment in our five step stock analysis series (and we would encourage you to go back and read parts one, two and three, we've decided to do something a bit different and examine a bank. This means using...

24 August 2023
VinFast zooms on to US market as investors pick holes in Tesla's China strategy

Shares in EV (electric vehicle) maker Tesla (TSLA:NASDAQ) slumped last week on the announcement the company would cut prices again in China, the number one market for its products.Just last month, the US firm and 15 of its Chinese...

24 August 2023
Dechra, Hikma Pharmaceuticals and Marks & Spencer in prime position for FTSE 100 promotion

Quarterly review due in weeks Four likely winners and losersA further three stocks could drop outWe may only be half-way through the third quarter, but already it looks as though there will be quite a few changes to the benchmark...

23 August 2023
John Wood Group brings shareholders cheer with increase in full-year guidance

First-half revenue and profit top forecastsFull-year targets raisedShares gain 5% to top FTSE 250Shares in John Wood Group (WG.) jumped 5% to 155.7p after the energy services firm lifted its outlook for full-year sales and profits...

22 August 2023
Crest Nicholson profit warning triggers another wave of selling in housebuilders

New-build market has 'worsened' since JuneProfit forecast cut to due lower sales Rightmove survey adds to pessimismChertsey-based developer Crest Nicholson (CREST) released an unscheduled trading update warning that full year...

21 August 2023
July retail sales slump on wet weather but hospitality sector shines

Volume sales fall twice as fast as forecastCost-of-living crisis and weather blamedPubs and restaurants the big winnersThe wettest July in living memory caused retail sales to tumble 1.2% by volume last month compared with June,...

18 August 2023
Wall Street Week: Rate worries see stocks rack up another week of losses while Tesla slumps on price cuts

The past week has increasingly taken on a bearish hue on Wall Street as concerns about interest rates and a bubbling Chinese property crisis have begun to dominate.Minutes of the latest Federal Reserve meeting talking about upside...

18 August 2023

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Showing 491 to 500 of 2,520

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What two pizzas ordered more than a decade ago tell us about Bitcoin
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