Schneider pays price for lacklustre performanceNestle forced to slow price increasesNo quick fix for FreixeShares in Nestle (NESN:SWX) cheapened 2.5% to CHF 87.3 on Friday as investors digested news of the abrupt departure of Mark Schneider, who is being replaced as CEO of the world's biggest packaged food company by Laurent Freixe following eight years in the hot seat.The Swiss multinational enjo

It was a week of ups and downs for the US market as investors awaited Federal Reserve chair Jerome Powell's address to the Jackson Hole Symposium on 23 August.<img src="https://datawrapper.dwcdn.net/O7wOm/full.png" alt="" data-mce-fragment="1" data-mce-src="https://datawrapper.dwcdn.net/O7wOm/full.png"><span id="mce_marker" data-mce-type="bookmark" data

European stocks were in the green on Friday morning, as regulator Ofgem reported it will increase the energy price cap in Great Britain, pushing up average household bills by 9.5% from October.'Just when temperatures begin to plummet and nights draw in, households will be faced with the exact scenario they'd hoped was behind them,' warned AJ Bell's Danni Hewson.Meanwhile, eyes remained on the Jack

Q2 like-for-likes up 2.4%Full year profit guide maintainedOutlook caution limits gainsShares in JD Sports Fashion (JD.) jumped 6% to 136p after the trainers-to-tracksuits purveyor reported improved second quarter sales and reiterated full year guidance for 6% to 9% organic growth and adjusted pre-tax profit in the £955 million to £1.035 billion range.This came as a relief to investors given the

Alliance Trust(ATST) £12.23Market cap: £3.45 billionPart of the excitement of investing is actively running your own portfolio, or a portion of it, digging around company fundamentals, assessing opportunities and threats, and owning a piece of a business that you think will produce attractive returns.It is why thousands invest in smaller companies and AIM stocks, the ability to test yourself

It seems wise to follow what the most successful investors have been buying and selling. US Investment managers are required to file quarterly 13F reports detailing their holdings which gives investors a small insight into what the gurus have been doing.Second-quarter filings for the end of June were released on 14 August and reveal some intriguing moves.Berkshire Hathaway (BRK-B:NYSE) chairman Wa

It has been a disappointing start to 2024 for luckless investors in specialist instrument and life-science device-maker Gooch & Housego (GHH).The company's share price dropped like a stone in mid-February when the Somerset-based manufacturer warned pre-tax profit for the year to September would be £3 million, missing market expectations.The firm blamed customers in the industrial and medical lase

The active fund management industry has had a tough time of things of late. Trackers, largely exchange-traded funds, which look to match the returns from global stock markets, have attracted substantial inflows as investors prize their low costs and the diversification they offer.Compounding this, because the performance of major indices has been driven by a concentrated number of huge tech names,

Drug gets US regulatory fast-trackSecond-phase trials planned for H2Significant need for new treatmentsGlobal biopharma company GSK (GSK) said it had received US Breakthrough Therapy Designation for its investigational antibody-drug to treat patients with extensive-stage small-cell lung cancer.GSK shares dipped 13p or 0.8% to £15.86 on a weak day for UK stocks generally. WHAT DOES IT MEAN?

Earnings seen accelerating over the next few yearsOptimism around China sales rebound firmingAI-driven iPhone 16 set for September 2024 launchCould Apple (AAPL:NASDAQ) be on the cusp of a new iPhone sales 'supercycle'? That's the question posed by analysts at Wedbush, and their answer is firmly, YES!The Cupertino-based tech giant has faced accusation that it was slow at getting its AI (artificial

Stocks in London retreated on Friday, though ended the week as a whole higher, while gold notched a new record and sterling gained strength.The FTSE 100 index closed down 35.94 points, 0.4%, at 8,311.41. The FTSE 250 ended down 45.25 points, 0.2%, at 21,048.91, and the AIM All-Share closed down 0.52 of a point, 0.1%, at 774.27.For the week, the FTSE 100 ended 1.8% higher, the FTSE 250 gained 2.1%

Stocks closed in the green in Europe on Thursday, as London's FTSE 100 extended its gains, while the UK economy had a 'remarkable rebound' in the second quarter.The FTSE 100 index closed up 66.30 points, 0.8%, at 8,347.35. The FTSE 250 ended up 141.87 points, 0.7%, at 21,094.16, and the AIM All-Share closed up 3.28 points, 0.4%, at 774.79.The Cboe UK 100 ended up 0.8% at 833.68, the Cboe UK 250 cl

Stocks in London put in a subdued performance during midday trade on Thursday, as the market digested UK economic growth data.The FTSE 100 index was up 3.42 points at 8,284.22. The FTSE 250 was down 69.37 points, or 0.3%, at 20,882.92, and the AIM All-Share was down 1.12 points, or 0.2%, at 770.39.The Cboe UK 100 was up 0.1% at 828.00, the Cboe UK 250 was down 0.2% at 18,299.22, and the Cboe Small

Revenue guidance massaged downMiddle East projects shift to the rightNet cash balance sheetA warning that full year 2024 revenues will fall significantly short of forecasts sent shares in Accesso Technology (ACSO:AIM) tumbling 25% to 522p on Thursday morning.The queuing and ticketing technology provider now expects sales of around $150 million (£117 million) to $153 million for the year to Decemb

Stock prices in London opened mixed on Thursday while European counterparts were in the green, amid news that the UK economy flatlined monthly in June amid investor caution before the general election in July.The FTSE 100 index opened up 8.31 points, or 0.1%, at 8,289.36. The FTSE 250 was down 41.98 points, or 0.2%, at 20,910.54, and the AIM All-Share was down 0.87 points, or 0.1%, at 770.64.The C

Recruitment firm Hays (HAS) is one of the worst-performing stocks of 2024, having lost 15% since start of the year, and we don't have high hopes when the company reports full-year earnings next week. Falling client and candidate confidence has knocked fee income for six, and in a trading update last month the firm said its 'exit rate' in the fourth quarter to June was down 18% on last year due to

While the sudden spike in volatility which triggered last week's 'market reset' seems to have faded, thankfully, the question of whether the US Federal Reserve has been too slow to cut rates remains.As Shares went to press, traders were waiting for July's inflation figures, with producer prices expected to have risen by 2.3% against 2.6% in June (and core prices seen rising by 2.7% against 3%), wh

As is often the case in times of stock market volatility, parts of the financial eco-system which previously hadn't received a great deal of attention are suddenly catapulted into the mainstream.This time it's the carry trade, specifically in yen, which is drawing the attention of investors. Effectively a carry trade means borrowing money in one place where interest rates are low and using it to i

Stock markets across the globe have just emerged from a short, sharp shock, with the sell-off on 5 August one of the worst days in years as investors mull the frightening thought that the US economy is slowing and could be sent spinning into recession.Combined with the impact of the unwinding in the yen 'carry trade' discussed in this explainer and some stretched valuations and you had the recipe

Interim sales and EBITDA down 13%New-build and RMI demand lowerFive-year plan coming in NovemberBuilding products firm Marshalls (MSLH) was initially the worst-performing stock on the FTSE 250 after it released a downbeat six-month trading update showing a slump in both revenue and profits.After trading down as much as 18p or 5% early on, however, the shares recovered to sit just 3.5p or 1% lower