Shares jump 54% on all-cash takeoverDelivery Hero and Deliveroo shares gainFurther consolidation expectedEuropean food delivery giant Just Eat Takeaway.com (TKWY:AMS) saw its shares jump 53% after agreeing a €4.2 billion takeover by Dutch technology investor Prosus (PRX:AMS) pitched at €20.3 per share in cash.The proposed takeover, which has the unanimous backing of management, represent

Quarterly index changes this weekThree new names to join FTSE 100Four new stocks to join FTSE 250This Wednesday, FTSE Russell ? part of the London Stock Exchange Group (LSEG) ? will announce the results of its latest quarterly index review.This includes potential changes to the FTSE 100, FTSE 250 and FTSE Small-Cap indices which will become effective from the start of trading on 23 December.WHO'S

Recent changes to the UK's listing rules should lead to a host of new names joining the FTSE 100 and FTSE 250 indices in the new year, generating more interest in the UK stock market and putting more companies on the radar of investors.This matters to investors whether they own UK stocks directly, have exposure via actively-managed funds or simply track certain parts of the market through an excha

Stocks in London ended lower on Thursday, though avoided deeper losses thanks to a better-than-expected US jobless claims reading.The FTSE 100 index ended down 21.91 points, 0.3%, at 8,144.97. It had been 1.3% lower earlier on Thursday, however.The FTSE 250 fell 67.45 points, 0.3%, at 20,508.58, and the AIM All-Share lost 2.11 points, 0.3%, at 765.21.The Cboe UK 100 ended down 0.2% at 813.12, the

On 17 July, Sir Keir Starmer's new Labour government announced its plans for the first year of the new parliament, with growth and wealth creation the priority.King Charles' speech at the State Opening of Parliament included a total of 39 bills under a new legislative agenda which includes speeding up the delivery of 'high-quality infrastructure and housing' and nationalising railway operators.Sta

Adjusted EBITDA ahead of guidanceGrowth trend improved in H2Positive cash flow targeted for 2024Shares in Deliveroo (ROO) rose 2.6% to 117.5p after the takeaway company reported significantly narrowed losses and a welcome uptick in revenues in what the food delivery service dubbed a ?resilient year of growth given macroeconomic conditions?.The London-headquartered firm also flagged an improved sec

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

GTV expected to be lowerYear-to-date shares are up 66%Shu to introduce further ?growth drivers?Shares in Deliveroo (ROO) were marginally higher in morning trading despite lowering medium-term guidance for gross transaction value (GTV) growth to mid-teens from 20% to 25% previously. Deliveroo aims to reach an adjusted EBITDA (earnings before interest, tax, depreciation, and amortisation) margin of

We could potentially see changes to the FTSE 100 and FTSE 250 indices as a knock-on effect to proposals by the UK financial regulator to change the UK stock market listing rules.The Financial Conduct Authority wants to make it easier for companies to join the UK stock market by revamping the listing requirements. One of the proposals is for the London market's standard and premium segments to beco

At 86.96p, Deliveroo's (ROO) share price is 78% below the level at which it joined the stock market in 2021. Competition has been fierce and the company is still not making a profit.The boom in ordering food online seen during the pandemic has started to fade away thanks to the cost-of- living crisis.Deliveroo realises it needs to do something and is now prioritising cost and operational efficienc

Direct LineCan the insurer win back the market's support after dividend fiasco?Having paid out over £1.5 billion to shareholders in the last decade, including during the pandemic, Direct Line (DLG) was a well-liked and widely-owned stock.However, after dropping a bombshell in January with the news it was pulling its dividend in order to rebuild its balance sheet, Direct Line has a mountain to cli

For years, UK-listed technology and biotechnology companies moaned about how they could get a higher valuation if their shares traded on the US market. Some added a secondary listing, others ditched the UK completely and parked their shares across the Atlantic. It was a trend that bubbled away, but not a mainstream activity.That's now changing after several larger companies across non-tech sectors

- Hits breakeven early, on adjusted basis- Margins moving in the right direction- Share price has lost 75% since August 2021A day after Just Eat Takeaway (JET) said its earnings were improving after having a sharper focus on profit, Deliveroo (ROO) rides up with a message that echoes much of that mood.The food delivery platform, founded by chief executive William Shu a decade ago, says its annual

The UK market remains in turmoil as the aftershocks unleashed by the mini-Budget earthquake on 23 September continue to rumble.Despite the Government's U-turn on the 45% tax cut, investors are still wondering what will happen next with gilts, the pound and companies in their portfolio.In this article we look at some of the areas which might be most affected and discuss the stocks and sectors which

Covid cast a pall on many businesses but there were winners and food delivery drivers were among the lockdown heroes. I remember the unholy glee felt by the entire family when that insulated bag stuffed with cardboard cartons walked through the garden gate after what seemed like months of home cooked meals.Everyone seemed to get in on the action and the number of options available to order through

A healthy number of lesser-known businesses have done very well in share price terms since coming to market in the last two years, with price appreciation reflecting strong operational performances or the fact they sate voracious investor appetite for a particular theme.Readers will be familiar with high-profile post-pandemic newcomers on the London Stock Exchange (LSGE) trading above their issue

Food delivery volumes more than doubled through the pandemic, yet profits remain elusive for many popular platforms, including Just Eat Takeaway (JET) and Deliveroo (ROO), following a wave of a new investment chasing an expanded addressable market.Data from Daxue Consulting and Bloomberg estimates the UK market was worth $6.7 billion in 2021, with $9.2 billion revenues across mainland Europe.While

- Adjusted EBITDA losses surge 261% as it piles money into groceries- 'Worst IPO in London's history', stock down nearly 75% in a year- Rider strikes on cards as workforce unionisesMeals and groceries drop-off platform Deliveroo (ROO) continues to struggle to make its business model work. The faster it grows, the larger its losses, not a good combination for the shares price, investors or the firm

Moneysupermarket (MONY) 229.8pGain to date: 32.1%We said Moneysupermarket (MONY) shares were just too cheap when flagging their appeal in early May 2022 and after a very strong set of first half numbers (21 July) it appears the market agrees with us.We also pointed out that price comparison sites could prove popular with households looking to save money as the cost of living crisis bites.WHAT'S HA

What are shares, why do they exist, what rights do their holders enjoy and how can you make money from owning them?In this article we will answer these questions and help give you an introduction or refresher on the basics of share ownership.When companies list on a stock market they divide their capital into shares with each share representing a percentage ownership of the company.The primary fun