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Revolution Beauty ‘strongly contests’ Chrysalis claims as dispute with former shareholder turns ugly

Revolution in row with growth trust ChrysalisNo legal proceedings launched yetNew management looking to turn Revolution roundShares in Revolution Beauty (REVB:AIM) cheapened 2.7% to 29.2p on Friday after the troubled makeup company insisted it ?strongly contests? allegations made against it by former shareholder Chrysalis Investments (CHRY).This week (29 January), the board at investment trust Chr

FTSE 100 in the red as investors reel-in US rate cuts optimism, shock sacking of Endeavour CEO

Stock prices in London reacted to dimming optimism of future US interest rate cuts, falling as the week?s developments countered upbeat sentiment at the end of 2023 of loosening monetary policy.?Global market moves in the first week of the year appear to have been driven by investors becoming more cautious about the timing of the first Fed rate cut and about the total amount of policy easing for 2

Greggs serves up tasty first half results, but upgrades absence sends shares down 5.5%

Like-for-like sales up 16% in H1Full year guidance unchangedRate of cost inflation has started to easeValue sausage rolls, pasties and pizzas seller Greggs (GRG) served up strong results for the half to 1 July 2023 as consumers continued to snap up its competitively-priced food and drink on-the-go.Greggs also said the rate of food and packaging cost inflation has started to ease and this trend sho

Restaurant Group shares jump 10% after strong Q1 trading and increased margin guidance

- Strong Q1 like for like sales growth- Favourable property market dynamics lift Wagamama openings- Trading ahead of medium-term margin and deleveraging plansShares in Wagamama owner Restaurant Group (RTN) jumped over 10% to 44.6p on Tuesday after the company announced strong progress against its medium-term margin and deleveraging targets.In addition, the company said 'favourable' UK property mar

UK Stocks finish broadly higher despite weaker than expected business activity data

Weaker than expected data from the UK on Tuesday helped stoke fears of a recession, however, stock prices in London still ended largely higher thanks to a strong performance from UK-listed firms.The FTSE 100 index closed down 27.31 points, or 0.4% at 7,757.36 on Tuesday. The FTSE 250 ended up 53.62 points, or 0.3%, at 19,855.31. The AIM All-Share closed up 4.39 points, or 0.5%, at 863.47.The Cboe
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