No investment style works year in, year out and even Warren Buffett's Berkshire Hathaway (BRKA:NYSE) has fallow spells in its history. Indeed, the so-called Sage of Omaha freely acknowledges this in his latest Letter to Shareholders, when he notes: 'During the 2019-23 period, I have used the words "mistake" or "error" 16 times in my letters to you.'Such humility is commendable, especially as some

With Saba Capital having turned the spotlight on a handful of underperforming investment trusts, there is now a wave of activity as other trusts look for ways to reduce the persistent discount to NAV (net asset value) which has dogged the asset class.Some have introduced 'discount control' mechanisms, others have launched share buybacks, and some have announced they will hold a 'continuation vote'

Stock prices in Europe were in the red at Tuesday midday, with airline stocks hit badly in particular, as European countries intend to boost their militaries amid a US freeze on aid for Ukraine.'Investors were desperately hoping that Trump would delay tariffs on Canada, Mexico and China at the eleventh hour, yet the US president has stuck to his guns and brought them into power,' commented AJ Bell

Shares fall as much as 17%Fourth-quarter sales disappointCompany warns of 'headwinds'Shares in WPP (WPP) fell over 17% to 637p at one point in early morning trading as the advertising giant shared a gloomy outlook and reported lower full year 2024 revenue of £14.74 billion compared to £14.84 billion last year.The advertising giant founded by industry legend Sir Martin Sorrell saw a fall in like-

Stocks in London were mostly in the red at Thursday midday, as investors await US jobless data, while insurer Aviva rose as it increased its dividend.The FTSE 100 index was up 30.65 points, 0.4%, at 8,762.11. The FTSE 250 was down 160.11 points, 0.8%, at 20,435.79, and the AIM All-Share was down 2.54 points, 0.4%, at 708.96.The Cboe UK 100 was up 0.3% at 877.53, the Cboe UK 250 was down 0.9% at 17

Intertek (ITRK) £52.30Market cap: £8.5 billionApparently, prior to its ultimately unconsummated tie-up talks with SGS (SGSN:SWX), France's Bureau Veritas'(BVI:EPA) first choice was to look at UK-listed peer Intertek (ITRK). In our view investors should take heed of this signal from an industry player and snap up shares in the FTSE 100 constituent.Like its Swiss and French counterparts, Intertek

Struggling discounter B&M European Value Retail's (BME) stock plunged to a five-year low after the variety retailer delivered its latest profit downgrade (24 February) and announced chief executive Alex Russo would step down at the end of April.Profit warnings almost always put a dent in a company's stock price, but the sheer magnitude of B&M's value destruction over the past year and a bit is ala

Have you ever idly wondered how much you need to save to build up a million pounds in an ISA over 25 years? In case you have, the answer is £1,433 per month, assuming you get 6% growth on your investments.That's clearly a pretty punchy amount to be able to stash away from your monthly income, but before you decide to give up and start trading crypto or robbing banks, consider this: if you get to

Long-suffering shareholders in pest control and hygiene business Rentokil Initial (RTO) will be hoping the firm has good news when it reports its full-year results on 6 March.Over the past year, the shares have drifted sideways, in contrast to those of US peer Rollins (ROL:NYSE) which have chalked up a 24% gain.The gulf between the two is even wider over five years, with Rentokil shares having los

Russo to retire at end of AprilEarnings guidance lowered againLike-for-like declines 'at the core' of challengesB&M European Value Retail's (BME) stock plunged 8% to a five-year low of 268p after the struggling discounter delivered another profit warning and announced that Alex Russo will retire as CEO at the end of April.Russo appears to have carried the can for the variety retailer's latest earn

London's FTSE 100 held steady on Friday as strong retail sales lifted sentiment, while UK borrowing concerns and mixed data capped gains. European markets were cautious ahead of Germany's upcoming election.The FTSE 100 index rose 9.70 points, 0.1%, at 8,672.67. The FTSE 250 jumped 170.56 points, 0.8%, at 20,783.33, and the AIM All-Share climbed 4.17 points, 0.6%, at 720.71.The Cboe UK 100 rose 0.2

Listed infrastructure and renewable trusts have had a torrid time over the last three years with average discounts to NAV (net asset value) drifting out to between 30% and 40%.In our view the gloom and doom gone too far, with the headwinds impacting NAVs have starting to dissipate, opening the prospect of a strong recovery.We have noticed some green shoots of broad share price strength since the s

There are less than two months left until the tax year ends, on 5 April. That leaves plenty of time to organise your finances to reduce your tax bill and maximise your allowances. Here's the list of actions you can take to get shipshape before the new tax year. 1. Maximise your free money There are plenty of ways to claim free money from the government, whether through tax breaks, benefits or acc

Stocks in Europe traded lower at midday Wednesday, amid a threat from US President Donald Trump to impose 25% tariffs on imported cars, and higher duties on semiconductors.In London, housebuilders declined as the UK consumer price inflation rate accelerated at a faster pace than predicted.The FTSE 100 index fell 36.70 points, 0.4%, at 8,730.03. The FTSE 250 fell 151.06 points, 0.7%, at 20,730.50,

London's FTSE 100 opened lower on Wednesday, as earnings from a handful of large-caps failed to impress, while the pound remained above $1.26 after a hotter-than-forecast UK inflation reading.The FTSE 100 index fell 29.57 points, 0.3%, at 8,737.16. The FTSE 250 fell 32.06 points, 0.2%, at 20,849.50, and the AIM All-Share lost 2.59 points, 0.4%, at 721.93.The Cboe UK 100 fell 0.4% to 876.80, the Cb

London stocks were mixed on Friday, on the back of geopolitical uncertainty as world leaders come together at the Munich Security Conference.US Vice President JD Vance said Friday the US was prepared to put pressure on Russia to end the war in Ukraine, ahead of a meeting in Munich with President Volodymyr Zelensky. Zelensky meanwhile said that once Kyiv reached a common position with the US and Eu

Video games retailer struggling to adapt to fast changing marketFinancial performance has suffered badlyGameStop could join likes of Tesla and Block with crypto investmentsThe old MicroStrategy, now called simply Strategy (MSTR:NASDAQ) following a splashy rebrand on 5 February, has enjoyed such success over the past year that its cryptocurrency playbook was bound to gather mimics.GameStop (GME:NYS

London stocks were mixed on Thursday, but European equities closed in the green on news of progress towards a possible peace deal in Ukraine.The FTSE 100 index closed down 42.72 points, 0.5%, at 8,764.72. The FTSE 250 ended up 35.64 points, 0.2%, at 20,916.14, and the AIM All-Share closed down 0.19 of a point at 723.20.The Cboe UK 100 ended down 0.5% at 877.79, the Cboe UK 250 closed up 0.3% at 18

London's FTSE 100 was lower early Thursday, hurt by the likes of BAT, Barclays, Unilever and oil majors, but European peers confidently moved higher on hopes of a Russia-Ukraine peace deal.Barclays fell despite reporting improved earnings. Unilever announced listing plans for its ice cream unit, meanwhile.The FTSE 100 index traded down 45.80 points, 0.5%, at 8,761.64. The FTSE 250 was up 42.78 poi

Japanese prime minister Shigeru Ishiba could have been forgiven for a degree of trepidation before his recent visit to the White House. Tariffs would have a major impact on Japan given how reliant its economy is on exports.Therefore, beyond a mild warning from president Donald Trump that Japan could face the T word if it didn't get its trade deficit with America down to zero, Ishiba will have left