Company expects decline in 2025 salesWeak end marketsTariff uncertainties weighAdvanced materials and engineering group Morgan Advanced Materials (MGAM) dropped 20% on Friday (28 Feb) after the FTSE 250 firm forecast a decline in 2025 organic revenue amid weak end demand and tariff uncertainties.The shares made new 12-month lows, slipping under 200p to leave them languishing 50% below the...

A wall of money is going into building out the green infrastructure required to facilitate the global energy transition. This starts with electrifying power generation all the way through to transmitting and storing this energy before it is eventually consumed.At the same time, indebted governments are increasingly looking to private companies to help solve the global water challenge.Water is...

Convatec head sells shares to meet tax liabilitiesFerro-Alloy Resources chief buys over £600,000 sharesMorgan Advanced Materials director snaps up 35,000 sharesConvatec Group (CTEC) chief executive Karim Bitar has sold 429,441 shares at 216p for £929,479 on 2 May to meet income tax and social security liabilities.The medical products and technologies company based in Reading sells various...

- On course for 57th successive dividend hike- Mining sector underweight detracts from H1 performance- Numis views trust as an 'attractive core holding'Popular investment trust City of London (CTY) produced a positive return for the first half to 31 December 2022 despite turbulent market conditions, though performance was slightly behind the 5.1% rise in the FTSE All-Share index.But the good...

- Multi-cap trust underperforms due to small cap bias- Dividend cover restored- Cranswick and Marshalls among new purchasesJanus Henderson-managed Lowland (LWI) underperformed the FTSE All-Share in the year to September 2022 as the multi-cap trust's bias to higher-yielding shares and smaller companies lagged an index with a pronounced large cap bent.On the positive side of the ledger, the...

Advanced materials and engineering group Morgan Advanced Materials (MGAM) reported a stronger than expected rebound in trading and profitability in the year to December 2021.After plumbing 12-month lows yesterday, the shares surged 13% to 318p. EARNINGS UPGRADESAdjusted operating margins expanded by 3% to 20-year highs of 13.1% pushing profit up 36% to £124.5 million, ahead of analysts'...

London's FTSE traded 0.43% higher at 7,311.38 points early on Friday, as banks rebounded after yesterday's falls, triggered by the Bank of England's surprise decision to leave rates on hold, while telecoms titan BT (BT.A) rose again after reinstating the dividend yesterday.Following the central bank led excitement of the past few days, investors' attentions turned to the keenly-watched US jobs...

In this article we are going to look at bold earnings revisions and explore if they help identify winning stocks. In this context 'bold' refers to a large percentage change in a consensus earnings forecast, as well as the rarer, but possibly more important case where a top-rated analyst moves significantly away from the consensus.We have also run the data and identified three stocks to buy...

World stock markets staged a decent rally last week with major indices bolstered by huge financial stimulus packages. Most pertinently, a deal has been reached between President Trump's administration and Congress on a $2trn fiscal support deal, equivalent to just under 10% of GDP, dwarfing the global financial crisis plan, which amounted to around $800bn.Global equities, measured by the MSCI...

UK shares made gains in early trade on Tuesday as stable oil prices, on track GDP and positive factory data out of China were encouraging even though the blue-chip FTSE 100 was set for its worst quarter since 1987.The UK's GDP rose 1.1% in the quarter to March, bang on target with forecasts.China's manufacturing purchasing managers index jumped to 52.0 in March, up from 35.7 in February.The...

Morgan Advanced Materials (MGAM) 285.4pGain to date: 15.9%Original entry point: Buy at 246.2p, 29 August 2019With the coronavirus causing ructions across China and elsewhere Morgan Advanced Materials' (MGAM) shares have held up well. The FTSE 250's stock is down less than 5% since the panic selling started, despite the company earning 10% of revenue from China, where it is dealing with an...

On 24 February stock markets finally seemed to hit the panic button on the coronavirus with the FTSE 100 hitting its lowest level since early December and the Dow Jones index in the US enduring its worst day in two years.WHAT TRIGGERED THE MARKET SELL-OFF?The catalyst for the big sell-off in global equities was news of significant outbreaks in Italy and Iran which seemingly had no direct link...

The measure of calm that descended on London markets in early trade on Tuesday failed to last with UK shares diving into the red again by late morning.At 11.40m, the benchmark FTSE 100 had slumped 0.8% to 7,100.49, while the FTSE 250 falgged by a similar margin at 20,951.This followed Monday's huge sell-off and heavy falls in Far East stock markets overnight. Shares in Japan fell sharply as...

UK share dealing gets off to a slow start on a typically quiet Friday morning session with investor attention elsewhere.At the start of share trading the benchmark FTSE 100 is down roughly 25 points at 7,382.04, led by miners Evraz (EVR) and Anglo American (AAL), both off by around 3% at 373.7p and £20.495 respectively.British American Tobacco (BATS) tops the FTSE 100 leader board on Friday,...

Manufacturers need new, smart materials to create more advanced products. From more efficient solar panels to increasingly complex microchips, cleaner transport to medical diagnostic equipment, materials engineer Morgan Advanced Materials (MGAM) is right at the bleeding edge.Its roots go back to 1856 where it developed advanced melting pots, or crucibles, used in the metal smelting industry, a...

Strong commodity prices helped the FTSE 100 shake off a weak trading session in Asia overnight to trade modestly higher at 7,561.49 this morning. Mining and oil and gas stocks were higher as crude moved to a two-year high amid a political crackdown by major producer Saudi Arabia.Drug developer BTG (BTG) slumps 5.6% to 735p as it confirms a £53.5m hit from a legal dispute with Wellstat...

Banking giant Barclays (BARC) is bid up 2.3% to 240.5p as CEO Jes Staley reports a surprise increase in its core capital ratio, a key measure of financial strength, up to 12.4% versus the 11.8% envisaged by analysts.Barclays' capital boost came from increased profits amid a huge reduction in provisions for fines and rebuilding the balance sheet. The optimistic Jes Staley also says Barclays is...

UK stock markets open largely flat on a typically quiet news Friday, the FTSE 100 index virtually unchanged in early deals from Thursday's 7,278 close.Thin company news is led by speciality plastics and packaging components specialist Essentra (ESNT). It posts a 26% slump in full year adjusted pre-tax profit as sales flag at its health and personal care packaging unit. Integration issues...

As a result of its vote in favour of leaving the EU, the UK is probably heading towards a recession'. That warning from Julius Baer's chief economist Janwillem Acket provides a good clue as to why the FTSE 250 has travelled in an opposite direction to the FTSE 100 blue chip index since the Brexit vote was cast.The FTSE 250 is down 5% since the EU referendum vote results on 24 June, versus a...

Investors hoping for a reversal in Morgan Advanced Materials' (MGAM) plummeting share price could have a very long wait ahead of them.The ceramics and carbon manufacturer has warned of yet more challenging trading conditions, but this is increasingly looking like a poor excuse for its failure to deliver growth.The £661 million cap's share price has plunged 28% over the past year to 237.6p...