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FTSE 100 closes higher on Rishi Sunak bounce and better US jobs data

Stocks in London made a solid end to the week on Friday following a stronger than expected US job report. On the domestic front, the race started to find the next prime minister for the UK as former Chancellor Rishi Sunak officially...

08 July 2022
Wall Street Week: US recovery as recession risks are flagged and big dividends eyed at banks

Despite Federal Reserve chairman Jerome Powell uttering the r-word (recession), US stocks staged a recovery this past week.Travel stocks and growth stocks bounced back as oil companies gave back some of the gains they'd delivered so...

24 June 2022
Airline shares dive amid prospect of high compensation costs

The UK's airline industry is bracing for a huge spike in passenger compensation payouts. Chaos at UK airports continues to see widespread flight cancellations as operators and transport hubs struggle to cope with surging demand as...

16 June 2022
GSK splashes out $2.1 billion on novel US vaccine developer

- $3.3 billion acquisition of Affinivax strengthens vaccine pipeline- Provides access to next-generation pneumococcal vaccines- Full-year and medium-term guidance reiteratedPharmaceutical firm GSK (GSK) has agreed to acquire novel...

31 May 2022
Macro headwinds weigh on sentiment as investors await Eurozone inflation data

London shares were mixed early Tuesday, with the FTSE 100 slightly outperforming European peers due to a weaker pound and concern about the economic impact on the EU of a partial ban on imports of Russian oil.Also hanging over...

31 May 2022
Dividend payers drive FTSE 100 gains at lunchtime; Ocado hit by warning

Stock markets and the dollar were firm on Wednesday in the lead-up to the minutes of the most recent US Federal Reserve meeting, which traders hope will give clues to the future pace of interest rate hikes.Weakness in the pound was...

25 May 2022
Shares in Diploma slip despite firm delivering growth and confirming forecasts

- Group posts strong first half results- Sales bolstered by organic growth and price hikes- Full year targets maintainedShares in industrial and life sciences equipment supplier Diploma (DPLM) fell 4% to £24.96 even though the firm...

16 May 2022
Smartly-timed sale and share buyback reveal Spectris' hidden value

Specialist sensor and testing equipment maker Spectris (SXS) surprised the market with the recent announcement (19 Apr) it was selling its Omega Engineering division and returning most of the proceeds to investors via a share...

28 April 2022
European budget flyer Wizz Air eyes summer recovery sending share price soaring 7%

European budget airline Wizz Air (WIZZ) anticipates a lower than expected loss for its fourth quarter as a recovery in the airline industry begins to 'take shape'.In a trading update on Thursday the company also said that demand...

14 April 2022
UK stocks open lower as investors brace for spike in US inflation

European markets moved lower at the open on Tuesday with focus lying on the afternoon's US inflation print, which is expected to accelerate sharply.'We expect March headline inflation to be extraordinarily elevated,' White House...

12 April 2022

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Showing 171 to 180 of 587

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Activist Trian adds £31 million to Rentokil Initial stake and Ashtead boss buys shares | Directors Deals
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