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Terry Smith slams underperformer Unilever

In his twelfth annual letter to shareholders in the Fundsmith Equity Fund (B41YBW7), Terry Smith has put the boot into Unilever (ULVR), the consumer goods goliath that was one of the fund's worst five performers in 2021.Smith, the...

11 January 2022
FTSE 100 ends up but jobs shock puts US markets under pressure

The FTSE 100 closed higher on Friday, ignoring declines in US stocks as inflation, looming interest rate hikes and weak jobs report spooked investors across the pond.At the close, the UK benchmark index had rallied 0.47% to hit...

07 January 2022
Investors take to sidelines ahead of US jobs report

UK stocks drifted in early trading as investors awaited the next piece of US economic data, the December non-farm payrolls report due at lunchtime. A stronger than expected number could be negative for markets as it adds to worries...

07 January 2022
Greggs rolls over despite full-year upgrade amid CEO news and Omicron caution

Food-on-the-go chain Greggs (GRG) fell 1.3% to £33.27 despite upgrading its outlook on full-year performance and announcing plans to pay a special dividend to shareholders following stronger sales.The company's shares are still...

06 January 2022
B&M erases gains despite hiking forecasts

Shares in variety goods value retailer B&M European (BME) gave up their position at the top of the UK leader board , reversing early gains of 2.5% to trade down 1.3% at 626p despite having raised its full year guidance.B&M was one...

06 January 2022
Stocks retreat after Fed minutes dash risk appetite

UK stocks dropped in early trading after heavy falls overnight in the US following the release of minutes from the latest Federal Reserve meeting.The Fed, as it is known, signaled it could move earlier than expected to raise rates...

06 January 2022
Adriatic Metals set to shine as it brings Bosnian silver project on line

THIS IS AN ADVERTISING PROMOTIONAdriatic Metals (ADT1) has just started construction of its flagship high-grade Vares Silver Project in Bosnia & Herzegovina. The project boasts robust economics from its recent Definitive Feasibility...

06 January 2022
FTSE ekes out a gain, Ocado ripens on positive festive sales

The FTSE 100 closed Wednesday's session with a modest gain, edging 0.16% higher to 7,516.87 points on ongoing optimism over the impact of the less severe Omicron strain and support from a solid ADP private sector payrolls report...

05 January 2022
Supermarkets higher as data reveals bumper Christmas trading

Shares in Sainsbury's (SBRY), Tesco (TSCO) and Ocado (OCDO) were up 1%, 0.9% and 6% respectively as data from market research outfit Kantar revealed bumper Christmas for the supermarket sector with £11.7 billion worth of sales in...

05 January 2022
Lights, camera, action as ADF makes its market debut

Today sees the arrival on the junior market of one of the more unusual companies to list in recent months, Facilities by ADF (ADF:AIM), which provides premium serviced production facilities to the UK film and television...

05 January 2022

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