Latest 'unsolicited' offer spurnedTI Fluid Systems confident in standalone prospectsABC 'remains interested' in a dealTI Fluid Systems' (TIFS) shares motored 14% higher to 166.4p on news the automotive fluid storage and delivery specialist has become the latest down-on-its-luck UK company to receive a bid approach.In fact, Oxford-headquartered TI Fluid Systems has rejected two takeover offers from

- Shares surge 16% on strong first quarter- Revenue up 15.6%- Company sticks with full-year guidance despite encouraging startCombine a beaten down share price and a better-than-expected bit of news and you have the recipe for big share price gains and that's exactly what has transpired at automotive fluid storage and delivery specialist TI Fluid Systems (TIFS).The Oxford-headquartered company had

-First-quarter revenues drop 7.7%-Lower anticipated global light vehicle production volumes-Full-year guidance maintainedGlobal manufacturer of automotive fluid storage and delivery systems TI Fluid Systems (TIFS) said continued supply chain disruptions and Covid-19 lockdowns in China reduced first-quarter revenues through March by 4.1% to €755 million.In constant currencies revenues declined

UK shares closed near the highs of the day despite another weak opening in the US with the technology focused Nasdaq 100 index down a further 2.8% at the UK close.Shares in General Electric fell 7% after the company missed revenue estimates amid supply chain challenges.Software giant Microsoft is expected to release earnings after the close while tomorrow investors will get the latest interest rat

UK shares added to earlier gains at midday on Tuesday as stock markets made a tentative recovery following steep losses in recent days. However, pre-market futures prices indicate further losses when US markets open later while the VIX, the so-called fear index points to continued heightened volatility.Sterling held steady at $1.3485 after falling back sharply from its highs against the dollar in

UK stocks edged higher after a remarkable reversal overnight in the technology-focused Nasdaq 100 index in the US. From a loss of 4% at the London close the index clawed its way back to a gain of 0.5% at the bell.Sentiment was also helped by US software firm IBM which posted better than expected revenues for the fourth quarter. However, investors are unlikely to commit to 'buying the dip' until th

Just as investors were looking the other way, with Chinese shares tumbling on fears of a major default in the property sector and US shares wobbling ahead of a crucial Federal Reserve meeting this week, the global chip crisis has reared its head once again.A combination of weak demand and enforced factory shutdowns during the pandemic, followed by a faster-than-expected global recovery and soaring

This is part two of a three-part series on the FTSE 250. Read part one here and we'll conclude the series in next week's issue. In our three part series on the FTSE 250 we are aiming to slice and dice the index to identify stocks with different inherent qualities and generate ideas for investors. This week in part two we look at the FTSE 250 from the perspective of growth versus valuation and divi

With 'value' investing still in the ascendancy in global markets, and with UK stocks still trading at a hefty discount to their international peers, we have screened the FTSE All-Share index for cheap stocks which we believe offer significant upside potential.As well as looking at straightforward price to earnings ratios for the next 12 months, we have included returns on capital - in order to wee

Higher than expected UK inflation and a stronger reading on US retail sales conspired to stoke inflation fears on Wednesday, sending the FTSE 100 down 0.6% to 6,710.90 points by the close, by which time the S&P 500 across the pond was off by 0.7%.CORPORATE NEWSCigarettes colossus British American Tobacco (BATS) dropped 4% to £26.40, even as it reported a rise in annual profit, citing strength at

London's blue chip benchmark traded slightly lower at lunchtime on Wednesday as a higher-than-expected reading of UK inflation stoked some fears over rising prices.In the US, futures markets suggested a similarly tepid feel to trading on Wall Street, with retail sales data scheduled to be released.By noon, the FTSE 100 was 0.12% lower at 6,740.64 points, while the FTSE 250 was off 0.7% at 21,263.2

UK stocks opened markedly lower on Wednesday as the latest data showed inflation rose higher than expected last month.Inflation, as measured by the Consumer Prices Index, rose 0.7% in the 12 months to January, up from December's 0.6%, according to the Office for National Statistics. The rise was larger than many economists had forecast.Consumer goods giants Unilever (ULVR) and Reckitt Benckiser (R

Monday 9 November saw things change for investors as the surge of enthusiasm associated with finding a vaccine for Covid-19 buoyed markets. For the first time in many months the vast majority of my 30 shares rose markedly.This did not trigger a notable increase in buying and selling on my behalf. I reduced my investment in two funds but little else. It was pleasing though to see that half my share

UK stocks reversed their morning gains as markets worldwide wobbled after US legislators warned that a bi-partisan deal over up to $1,900 billion of government stimulus may take longer than expected.At the close the FTSE 100 index of leading shares was down 56 points or 0.8% at 6,639 as weakness in travel and financial stocks offset gains in retailers and utilities.Gold prices slipped 0.2% to $1,8

UK stocks gave up their early gains on Monday as a pick-up in merger and acquisition activity was offset by increasing worries over the new strain of the virus.By midday the FTSE 100 index of leading shares was down 20 points or 0.3% to 6,674 as weakness in travel and financial stocks offset gains in retailers and miners.Gold prices slipped 0.2% to $1,851 an ounce and Brent Crude gained 0.5% to $5

UK stocks opened ahead on Monday buoyed by mergers and acquisition activity but increasing worries over the new strain of the virus kept enthusiasm muted.Trading in Asia was positive with Japan's Nikkei 225 up 0.7% and China's SE Composite up 0.5%. Gold prices slipped 0.2% to $1,851 an ounce and Brent Crude gained 0.5% to $57.5 a barrel.The pound was 0.2% higher at $1.37. At 08:40 the FTSE 100 of

UK markets closed higher on Thursday as investors here and in the US factored in a win for Democrat candidate Joe Biden victory in the race to the White House.The S&P 500 index jumped 2% while the technology-heavy Nasdaq index rallied more than 2% to put in its best weekly performance since April.In the UK, the Bank of England voted unanimously to leave interest rates unchanged at 0.1% and increas

UK markets climbed on Thursday as investors factored in a win for Democrat candidate Joe Biden victory in the race to the White House.Meanwhile, the Bank of England voted unanimously to leave interest rates unchanged at 0.1% and increased its quantitative easing programme. It also lowered its 2020 GDP forecast to minus 11% from minus 9.5% and its 2021 forecast from 9% to 7.35%.By midday the FTSE 1

Global manufacturer of automotive fuel storage and delivery systems TI Fluid Systems (TIFS) re-introduced full-year guidance and made a commitment to resume annual dividend payments after reporting continuing recovery in the third-quarter.A key performance indicator for the company is to outperform global light vehicle production volumes which it bettered by 2.2% in the quarter. That helped revenu

UK markets opened slightly higher on Thursday as investors weighed continuing uncertainty in the US elections, but with a Biden victory looking the most likely outcome.Meanwhile, the Bank of England voted unanimously to leave interest rates unchanged at 0.1% and increased its quantitative easing programme. It also lowered its 2020 GDP forecast to minus 11% from minus 9.5% and its 2021 forecast fro