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Frasers steps up growth push Down Under through strategic Accent tie-up

Takes 14.65% stake in Aussie retailer'Mutually beneficial opportunities' for both groupsStrengthens ties with Hoka, SkechersDespite already having fingers in multiple pies, Mike Ashley-controlled Frasers (FRAS) has swooped on yet...

28 August 2024
GSK shares up 2% after court decision on prior Zantac ruling

Delaware court agrees to reviewHepatitis B drug gets fast track approvalNucala approval in JapanBiopharma giant GSK (GSK) was one of the top gainers in the FTSE today, rising 2% to £16.47 after releasing positive drug updates and...

28 August 2024
Short seller Hindenburg puts Super Micro Computer in the dock

Improper revenue recognition among list of accusationsInvestors largely shrug off report after temporary sell offSuper Micro Computer stock has rallied more than 90% this yearShort seller Hindenburg Research has launched an attack...

28 August 2024
Prudential shares gain as insurance giant maintains full-year guidance

Adjusted operating profit up 9% to $1.54 billion22 million shares repurchased for £150 millionFirst interim dividend of 6.84 cents, up 9%Shares in Asian focused insurer Prudential (PRU) were up more than 2% in morning trading to...

28 August 2024
FTSE flashes green as investors await US data and Nvidia earnings

Stock prices in Europe were in the green at midday on Tuesday, while medical device developer Belluscura surged on London's AIM market after anticipating a revenue jump.The FTSE 100 index was up 9.28 points, or 0.1%, at 8,337.06....

27 August 2024
Apple set for new finance chief for first time in a decade: what should investors expect?

Luca Maestri been in role for a decadeNew CFO Parekh to take role up in early 2025Investors hoping for more of the same, not step changeChange at the top always brings some sort of uncertainty, particularly when an incumbent has...

27 August 2024
FTSE 100 opens higher after UK shop price inflation falls

Stock prices in Europe opened in the green on Tuesday, after data showed UK shop prices in August entered deflation for the first time since 2021, ahead of a key speech by Prime Minister Keir Starmer.The FTSE 100 index opened up...

27 August 2024
Markets mixed ahead of Jackson Hole as Peloton races ahead | Wall Street Week

It was a week of ups and downs for the US market as investors awaited Federal Reserve chair Jerome Powell's address to the Jackson Hole Symposium on 23 August.&amp;lt;img src="https://datawrapper.dwcdn.net/O7wOm/full.png"...

23 August 2024
Big downward revision to US jobs sparks rally in stocks and bonds

Steepest US jobs revisions since 2009Interest rate cut nailed on for SeptemberJackson Hole speech likely to be dovishThe US BLS (Bureau of Labor Statistics) failed to post revisions to the monthly payroll figures at the allotted...

22 August 2024
Find out what the top US investors have been buying and selling

It seems wise to follow what the most successful investors have been buying and selling. US Investment managers are required to file quarterly 13F reports detailing their holdings which gives investors a small insight into what the...

22 August 2024

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London shares down amid mixed holiday sales and jobs data
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Raspberry Pi shares boot up after fresh tie-up and new product launch

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