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FTSE starts October in the red, AO tumbles

There was little cheer for investors heading into the fourth quarter as the squeeze on global energy prices continued to send markets lower. In the US, the S&P 500 index finished down 1.2% at 4,023 points, defying recent bullish...

01 October 2021
FTSE roiled by ongoing energy squeeze

UK stocks dropped at the open on Tuesday as the fuel crisis sweeping the country showed no signs of easing. To make matters worse, Brent crude oil prices surged to a three-year high over $80 per barrel, pushing up prices at the...

28 September 2021
FTSE climbs ahead of Bank of England meeting

UK stocks edged higher as investors waited for news from the Bank of England following last month's surge in consumer prices.Labour and material shortages together with rising energy prices are contributing to inflationary...

23 September 2021
FTSE rebounds on merger news and earnings upgrades

UK stocks rallied at the open on Tuesday, reversing much of Monday's losses, thanks to positive corporate news. At 8.45am the FTSE 100 index was up 58 points or 0.8% to 6,961 points, led by energy, mining and industrial stocks,...

21 September 2021
Supermarket Income goes shopping for assets

Real estate investor Supermarket Income REIT (SUPR) announced it had gone on a spending spree this month, adding six new sites to its portfolio of stores for £113.1 million before acquisition costs.The stores, which were acquired...

20 September 2021
Unilever under pressure to improve shareholder returns

This month sees the auction of Unilever's (ULVR) tea division, which includes leading brands such as PG Tips and Liptons. Bidding is expected to be fierce, with several private equity firms together with the Abu Dhabi and Singapore...

16 September 2021
Will positive trading update prompt renewed bid interest in Restore?

Shares in support services company Restore (RST:AIM), were trading lower this morning despite the company issuing a positive trading update for the eight months to 31st August.This is particularly surprising given that the group's...

15 September 2021
FTSE drops despite US rally, better jobs data

UK stocks traded lower on Tuesday, in spite of an advance in US markets and better than expected jobs numbers from the Office for National Statistics.According to the latest data, the number of UK workers rose by 241,000 between...

14 September 2021
FTSE slips despite strong jobs data

UK stocks traded lower on Tuesday, dragged down by weakness in the mining and banking sectors. This was despite the number of workers rising by 241,000 between July and August, sending employment back to levels not seen since the...

14 September 2021
Xaar sinks 12% on wider first half loss

Inkjet printing technology specialist Xaar (XAR) fell 12.3% to 190p after posting a deeper first half loss as rising revenue was offset by increased expenses, including higher R&D spending.This, plus a highly caveated outlook...

14 September 2021

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