Tag Archives: Category:All

Barratt Developments‘s chief operating officer and “persons closely associated” with him sold a large batch of shares in the homebuilder roughly a fortnight after they broke out into record territory. On 12 February, Steven Boyes sold 116,090 shares and Andrea Boyes sold 288,910 shares, both at 842.0p apiece. That same …

Fenby, who took over as MD at Midwich back in 2010, bought the shares on Friday at an average price of 500.0p each, for a total transaction value of £1,000,000. Midwich chairman Andrew Herbert’s wife Sharon also snapped up 3,000 ordinary shares in the firm. As of 1635 GMT, Midwich …

The first quarter of 2020 is “make or break” for Hargreaves Lansdown as investors examine whether weak inflows are the result of temporary factors or increased competition, Berenberg said as the broker cut its price target on the company’s shares. Keeping their ‘hold’ rating on the stock the Berenberg analysts …

“Things will get worse before they get better,” the bank said, adding that the current cash flow trajectory implies a cash crunch, with dividends and capex outpacing cash generation by around £200m. Bernstein said management will have to choose between restarting the transformation, cutting the dividend, or increasing borrowing. “The …

Forescout Technologies has agreed to be bought by Advent International for $1.9bn (£1.5bn) in cash in the private equity firm’s latest purchase on its buying spree. Advent will pay $33 for each Forescout share – almost 30% more than Forescout’s closing price on 18 October – before two other investment …

London’s FTSE 250 was up 0.3% at 21,576.49 in afternoon trade on Thursday. Insurer Beazley was the standout gainer after it posted a better-than-expected surge in full-year pre-tax profit as three of its six divisions achieved double-digit growth. In the year to the end of December, pre-tax profit surged 250% …

London stocks were set to rise at the open on Thursday amid signs of easing trade tensions between the US and China. The FTSE 100 was called to open 55 points higher at 7,537. CMC Markets analyst David Madden said: “In a bid to improve China-US trading relations, overnight Beijing …

Kaz Minerals rallied as copper prices advanced. Science and engineering company Qinetiq pushed up as it said it continued to perform in line with its expectations in the third quarter and announced the acquisition of Newman & Spurr Consultancy for £14m. Electrocomponents was on the rise as its trading statement …

A widely-followed gauge of US consumer sentiment picked up more quickly than anticipated at the start of 2020, pointing to a still solid outlook for spending. The Conference Board‘s consumer confidence index rose from December’s upwardly-revised print of 128.2 to 131.6 (consensus: 128.0). A sub-index tracking consumers’ assessment of current …

London’s FTSE 250 was up 0.7% at 21,459.06 in afternoon trade on Tuesday. Irn-Bru maker AG Barr was the standout perform as it said full-year adjusted profit before tax was expected to be at the top end of current market expectations, “just ahead” of £37m. Revenue for the period was …