Stocks in London were lower during midday trade on Tuesday, as investors looked ahead to the week's various US data prints.The FTSE 100 index was down 47.88 points, or 0.6%, at 8,315.99. The FTSE 250 was down 53.66 points, or 0.3%, at 20,928.34, and the AIM All-Share was unchanged at 766.96.The Cboe UK 100 was down 0.5% at 832.51, the Cboe UK 250 was down 0.4% at 18,417.49, and the Cboe Small Comp

Investors see optimism after panic sell-offJefferies analysts see limited impactRolls-Royce shares rallied 585% in two yearsAero-engineer Rolls Royce (RR.) is near the top of the FTSE 100 leaderboard on Tuesday (3 Sep) after analysts increasingly suggest a component failure that led airline Cathay Pacific (0293:HKG) to cancel some Airbus (AIR:EPA) A350 flights is probably less serious than Monday'

6.2 million passengers for Wizz Air, up 1%8% rise in passengers for RyanairRyanair reports load factor of 96% in AugustEuropean budget carrier Wizz Air (WIZZ) reported a record 6.2 million passenger numbers for August despite operated seat capacity being down 0.4% year-on-year due to the Pratt & Whitney GTF engine-related groundings.Wizz Air has seen a large number of aircraft grounded thanks to t

Strong demand in UK and USUK luxury watch market stabilisedOn track to deliver FY25 guidanceWhile the broader global luxury market continues to slow, Watches of Switzerland (WOSG) believes the market for high-end timepieces and jewellery has bottomed out in the UK.Shares in the Rolex, Patek Philippe and Audemars Piguet purveyor rallied 11.3% to 419p on a reassuring trading update in which the FTSE

Stock prices in Europe opened in the green on Tuesday morning, with investors awaiting a manufacturing PMI print from the US later in the day.The FTSE 100 index opened 6.38 points, or 0.1%, at 8,370.22. The FTSE 250 was up 34.51 points, or 0.2%, at 21,015.02, and the AIM All-Share was up 1.94 points, or 0.3%, at 768.84.The Cboe UK 100 was up 0.1% at 837.86, the Cboe UK 250 was up 0.1% at 18,504.60

Stocks in London drifted into the red on Monday, on what was a quieter day for global equity markets given the US public holiday.The FTSE 100 index closed down 12.79 points, 0.2%, at 8,363.84. The FTSE 250 ended down 106.03 points, 0.5%, at 20,980.51, and the AIM All-Share closed down 5.61 points, 0.7%, at 766.90.The Cboe UK 100 ended down 0.1% at 836.73, the Cboe UK 250 closed down 0.4% at 18,493

REA controlled by Rupert Murdoch's News Corp expresses interestOnline property portal faces competitive threat from CoStar-backed On The MarketYear-to-date Rightmove shares up 20%Shares in Rightmove (RMV) soared 22% to 677p in morning trading as Australian property listings company REA (controlled by Rupert Murdoch's News Corp) said it was considering making an offer for the online property portal

Stocks in London were in the red on Monday during midday trading, as downbeat Chinese manufacturing data cast a cloud over equities.It is likely to be a quieter day, given that US markets will be closed today for the Labor Day holiday.The FTSE 100 index was down 13.03 points, or 0.2%, at 8,363.46. The FTSE 250 was down 61.15 points, or 0.3%, at 21,025.39, and the AIM All-Share was down 4.31 points

Record year for trust mergersCombination to create £353 million vehicleKartik Kumar to join PhoenixArtemis Alpha Trust (ATS) has agreed to be taken over by UK All Companies sector rival Aurora Investment Trust (ARR) as the record year for investment trust mergers continues.Sub-scale, underperforming funds are combining with larger rivals to remedy wide discounts to NAV (net asset value) and creat

US market rally broadensTech, financials, healthcare led way in Q261% of S&P 500 outperformed the index averageThe so-called 'Magnificent Seven' group of tech giants have underperformed the other 493 stocks in the S&P 500 by 14 percentage points since the release of a weaker-than-expected U.S. inflation report on July 11, according to an analysis by Bank of America Global Research.With second quar

Stock prices opened lower on Monday morning in Europe, which has a lot of purchasing managers' index data out today, while financial markets in the US and Canada remain closed for Labor Day.In early corporate news, Australia's REA Group confirmed it is considering making a takeover offer for UK peer Rightmove.The FTSE 100 index opened down 15.50 points, or 0.2%, at 8,361.13. The FTSE 250 was down

Stock prices in London made little progress on Friday, though the FTSE 100 ended the week in the green.The FTSE 100 index closed down 3.01 points at 8,376.63. The FTSE 250 ended up 55.46 points, 0.3%, at 21,086.54, and the AIM All-Share closed up 0.02 of a point at 772.51.In the week as a whole, the FTSE 100 was up 1.1%, the FTSE 250 fell 0.1%, while the AIM All-Share fell 0.3%.The Cboe UK 100 end

Stocks in London were higher on Friday, as the market eagerly awaited a critical US inflation print.The FTSE 100 index was up 27.47 points, or 0.3%, at 8,407.11. The FTSE 250 was up 59.36 points, or 0.3%, at 21,090.44, and the AIM All-Share was virtually unchanged at 772.41.The Cboe UK 100 was up 0.3% at 840.52, the Cboe UK 250 was up 0.2% at 18,563.70, and the Cboe Small Companies was down 0.1% a

First revenue miss in over two yearsFull year guidance trimmed30% overseas growth pleasesComing out of the gate there was a sour reaction to second quarter results (29 August) from Canadian athleisure specialist Lululemon (LULU:NASDAQ), which revealed a first sales miss in more than two years and a cut to full year guidance from the yoga pants to belt bags purveyor.So why did the stock rally 4.6%

Victorian Plumbing CEO sells £2.7 million sharesBig Technologies CEO ups stake againYouGov CFO sells £513,446 sharesMark Radcliffe, CEO at online specialist bathroom retailer Victorian Plumbing (VIC:AIM) has sold 2,700,000 shares at 100p for a total value of £2.7 million on 27 August 'to help satisfy institutional demand' for ordinary shares.Over the past year, Victorian Plumbing shares have ga

Second quarter sales and earnings beatRaised full year profit guidanceGreen shoots of recoveryElectronics retailer Best Buy (BBY:NYSE) grew second quarter adjusted EPS (earnings per share) by around 10% to $1.34 compared with Wall Street estimates calling for a drop of around 5%, sending its shares up 14% to a fresh two year high of around $100.Better than expected trading chimes with data out yes

Nvidia valuation under pressure despite earnings beatDisappearing discounter premium as Dollar General slumpsSalesforce delivers as it hunts for new CFOThe Dow Jones Industrial Average climbed to a record this week as Wall Street rebounded from the steep sell-off earlier this month, closing at 41,335 (overnight 29 Aug), with gains powered by the likes of Goldman Sachs (GS:NYSE), Intel (INTC:NASDAQ

Stock prices in London opened higher on Friday, following US GDP data that one analyst said 'tasted exactly how investors love it', as well as promising UK retail footfall figures.The FTSE 100 index opened up 28.77 points, or 0.3%, at 8,409.25. The FTSE 250 was up 73.24 points, or 0.4%, at 21,104.32, and the AIM All-Share was up 0.36 points at 772.85.The Cboe UK 100 was up 0.3% at 840.62, the Cboe

Stocks in London managed to shake off a tepid response to Nvidia's earnings across the pond on Thursday, with the positive sentiment also seen elsewhere in Europe.The FTSE 100 index closed up 35.79 points, or 0.4%, at 8,379.64. The FTSE 250 fell 35.79 points, or 0.2%, at 21,031.08, and the AIM All-Share rose 2.19 points, or 0.3%, at 772.49.The Cboe UK 100 ended up 0.5% at 837.89, the Cboe UK 250 f

China drops subsidy plans on imported EU brandyPernod Ricard and Remy Cointreau surgePernod reports inline full yearFrench spirits companies Pernod Ricard (RI:EPA) and Remy Cointreau (RCO:EPA) received a shot in the arm on Thursday, rising as much as 8% and 12% respectively after the Chinese authorities decided not to impose a provisional anti-dumping subsidy on imported brandy from the European