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Entain shares up 3% on better than expected Q1 revenue

Q1 revenue falls less than expectedUS market share maintainedNew CEO could be announced imminentlyAfter a challenging couple of years amid pressure from activist investors to improve performance, bookmaker Entain (ENT) said first...

17 April 2024
Dr. Martens shares plunge 30% to record low after profit warning and CEO exit

Shares down 59% over the past yearCEO Kenny Wilson to step downChallenging performance in the USShares in Dr. Martens (DOCS) fell 31% at one point to 66p in morning trading - a new 52-week low - as the iconic British footwear brand...

16 April 2024
B&M shares marked down as pedestrian sales growth disappoints

Full year 2024 earnings at top end of guidanceQ4 like-for-like growth deceleratesHas the UK estate matured?Bargain stores giant B&M European Value Retail (BME) said it expects profits for the year ended 30 March 2024 will be at the...

16 April 2024
Private capital giant CVC eyes Amsterdam IPO - what you need to know

Private equity firm hoping for valuation up to ?16 billionGoing public would allow firm to expand and diversify modelAmsterdam market picked over New York and LondonPrivate capital investment firm CVC Capital Partners hopes to get...

15 April 2024
Investing in U.S. Infrastructure: Benefits of Infrastructure-Aligned Bills Begin to Converge

THIS IS AN ADVERTISING FEATURE For roughly 80 years, rapid industrial production growth defined the U.S. economy. Starting in the early 2000s, however, the U.S. industrial production machine began a two-decade stagnation. But...

15 April 2024
The Rise of Robotics and Smart Machines

THIS IS AN ADVERTISING FEATURE Advancements in artificial intelligence (AI) and robotics could revolutionize the industrial sector, leading to a significant increase in the use of automation. Automation is expected to transform...

15 April 2024
Mitie Group shares hit five-year high after latest results top forecasts

Final quarter exceeds guidanceOperating profit up sharplyFurther £50 million buybackFacilities management and business service firm Mitie Group (MTO) surprised the market with stronger-than-expected fourth-quarter results and a...

15 April 2024
UK’s shuffle out of recession gives London shares an end of week lift

Stocks in London were higher on midday Friday with miners, housebuilders and oil majors rising amid news that the UK is exiting a mild and short recession.The FTSE 100 index was up 96.05 points, 1.2%, at 8,019.85. The FTSE 250 was...

12 April 2024
SigmaRoc salutes strong start to year and confirms outlook

First-quarter sales top estimatesCRH lime acquisition to boost growthAnalysts see nearly 50% upsideRaw materials group SigmaRoc (SRC:AIM) signaled a positive start to 2024 ahead of its AGM (annual general meeting) and said the board...

12 April 2024
Fed interest rate cut hope fades but ECB tipped to ease in June

European shares fell on Thursday, with markets grappling with US inflation, Federal Reserve interest rate and geopolitical worries, with the latter hitting travel stocks.Elsewhere among central banks, the European Central Bank left...

11 April 2024

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