Group's move will happen over the next 12-18 monthsGroup rental revenue up 6% to $5.26 billion for first halfFull-year guidance revised downwardsShares in Ashtead (AHT) fell as much as 10% in morning trading as the equipment rental firm issued a profit warning and said it will be moving its primary listing to the US.The equipment rental firm joins a growing list of UK companies moving their primar

European stocks perked up on Monday morning despite a retreat in Asian stocks after a weak US nonfarm payrolls report at the end of last week.The FTSE 100 index traded up 51.83 points, or 0.6%, at 8,233.30. The FTSE 250 was 102.93 points higher, 0.5%, at 20,596.93, and the AIM All-Share was up 3.29 points, or 0.4%, at 747.29.The Cboe UK 100 was up 0.8% at 823.66, the Cboe UK 250 added 0.5% at 18,1

Activist Cevian builds 5% stakeSees significant long term valueShares jump 7%Medical products maker Smith & Nephew (SN.) topped the FTSE leader board with the shares jumping 7% to £10.5 after activist investor Cevian Capital disclosed a 5% stake, making it the second largest shareholder in the group.The shares are down around 13% over the last 12-months compared with a 7% gain in the FTSE 100 ind

In the last few weeks, the drumbeat of companies complaining about the lowly valuation of their shares and floating the idea of moving to the US market has grown steadily louder.First there was miner Glencore (GLEN), then oil major Shell (SHEL) started making noises and most recently online retailer Ocado (OCDO) has come under shareholder pressure to move its listing.What is significant is these a

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 was ?confident in the firm?s ability to make further progress in the current year and beyond?.The shares gained 0.6p or 1% to 64.4p in line with other mining and mater

CRH director spends $2.5 millionPersimmon CEO buys over £100,000 sharesMelrose CFO snaps up over £99,000 sharesDean Finch, chief executive of UK housebuilder Persimmon (PSN), bought 7,621 shares at £13.15 for a total value of £100,216 on 12 March, after which he owns 24,078 in the company.Finch may be taking advantage of the 7% share price fall over the past month after Persimmon reported a 5

On 3 January 2024, the FTSE 100 celebrates its 40th anniversary. And to borrow a cliche - it seems an opportune moment to ask, will life for the index truly begin at 40 or will it be plunged into a mid-life crisis?The index was launched as a replacement for the FT-30, which as its name suggests was a grouping of 30 businesses drawn principally from the industrial and commercial sectors. The FT-30

It has been a difficult year for investment trusts as a whole. Discounts have widened across various sectors and there have been a series of failed continuation votes and mergers. Yet some trusts have still done extremely well - relative both to the wider market and their peer group. In this article we shine a light on the biggest outperformers in some of the Association of Investment Companies' m

It has been an up and down year for the UK stock market but some names have really shone over the course of the last 12 months. In this article we go through the market cap ranks to identify the best performing large-, mid- and small-cap stocks in 2023.£5 billion+ market capWhile Nvidia (NVDA:NASDAQ) has dominated headlines globally as excitement around AI (artificial intelligence) helped drive i

There were several trends in the UK stock market this year which, if you managed to identify them, served you well.Most obviously, although it may not have seemed it at the index level, large-cap stocks generally performed better than small- and mid-caps, although for the lucky few the small-cap space has been rife with takeover activity.In terms of sectors, aerospace and defence topped the FTSE 3

Stocks in London saw some slight gains early Wednesday, in a sign of tentative optimism before Chancellor Jeremy Hunt?s autumn statement.The FTSE 100 index opened up 13.59 points, 0.2%, at 7,495.58. The FTSE 250 was up 67.31 points, 0.4%, at 18,414.94, and the AIM All-Share was up 11.15 points, 0.2%, at 7,493.14.The Cboe UK 100 was up 0.2% at 748.21, the Cboe UK 250 was up 0.3% at 15,932.57, and t

Strong demand and pricing drive salesFull-year guidance raised againShares trading at record highsInvestors in Dublin-based building materials group CRH (CRH) have every right to feel smug given that with all the negative sentiment surrounding the UK construction sector the firm?s shares have been hitting new lifetime highs.The positive mood continued this morning with the shares rising 2% to £48

Soft drinks business Britvic (BVIC) serves up full-year results on 22 November, when investors will be thirsty to learn how volumes are holding up at the Fruit Shoot, Robinsons and Tango maker which also produces and sells brands including Pepsi and 7UP in Great Britain and Ireland under exclusive agreements with PepsiCo (PEP:NASDAQ).Price hikes and volume growth helped Britvic's revenues to bubbl

Stock prices in London finished lower on Monday, with the FTSE 100 index down amid fears that the Chinese property sector is weakening.The FTSE 100 index closed down 59.92 points, 0.8%, at 7,623.99. The FTSE 250 ended down 191.53 points, 1.0%, at 18,415.31, and the AIM All-Share closed down 4.91 points, or 0.7%, at 734.52.The Cboe UK 100 ended down 0.9% at 760.21, the Cboe UK 250 closed down 1.5%

Stock prices in London were in the red on Monday after Chinese property developer Evergrande announced it was unable to carry out a restructuring plan aimed at its survival.The FTSE 100 index opened down 15.48 points, or 0.2%, at 7,668.43. The FTSE 250 was down 72.97 points, or 0.4%, at 18,533.87, while the AIM All-Share was down just 0.31 of a point at 739.12.The Cboe UK 100 was down 0.2% at 765.

CRH chief executive tops list of dealsEx-GSK director sells stock awarded in 2020Redde Northgate chief also cashes inIn a quiet week for director deals one or two trades stood out, firstly the decision by Albert Manifold, chief executive of building materials firm CRH (CRH), to sell 58,346 shares at €51.48 last week, raising €3 million in proceeds. CRH's Dublin-listed shares are

The FTSE 100 edged into the green as stocks opened mixed in London ahead of Owell's keynote speech at Jackson Hole, while the FTSE250 suffered as Watches of Switzerland and CMC Markets dropped.The FTSE 100 index opened up 21.95 points, 0.3%, at 7,355.58. The FTSE 250 was down 37.80 points, 0.2%, at 18,156.77, and the AIM All-Share was down 0.44 of a point, 0.1%, at 734.08.The Cboe UK 100 was up 0.

Stocks in London closed mixed on Thursday, as investor attention turned to the main market event of the week, the Jackson Hole symposium.Stocks had made gains throughout the day, however, bouyed by an outperformance from Nvidia late Wednesday.The FTSE 100 index closed up 13.10 points, or 0.2% at 7,333.63 on Thursday. The FTSE 250 ended down 31.92 points, or 0.2%, at 18,194.57. The AIM All-Share cl

Stocks in London closed higher on Wednesday, as some tepid UK economic data means that the Bank of England may 'pause for thought' when making its next interest rate decision.Equity markets were also confident looking ahead to the Jackson Hole central banking event.The FTSE 100 index closed up 49.77 points, or 0.7% at 7,320.53 on Wednesday. The FTSE 250 ended up 202.23 points, or 1.1%, at 18,226.4

Energy services firm Wood Group (WG.) is under pressure to deliver after ultimately unrealised takeover interest from private equity firm Apollo Global Management earlier this year.In May Apollo said it would not proceed with a takeover, despite Wood finally opening its books to the firm at the fifth time of asking in response to a bid of 240p per share. With no reasoning given for Apollo's stance