“If a business can make a box of popcorn for 12p and sell it for £7.50, I want to own it,” says John McClure, co-manager of the Acorn Income Fund (AIF), an IC Top 100 Fund. He bought Cineworld Group (CINE) shares to the tune of 4.1 per cent of …
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Cautious full year 2024 outlook sends shares lower in after market Flat to low single digit growth expected Prioritising cost reductions and transformation plans Shares in air freight and delivery giant FedEx (FDX:NYSE) dropped 3% in after hours trading after giving a disappointing outlook despite beating fourth quarter earnings estimates. …
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Anthony Woods started investing in the late 1990s just before the dotcom crash. While this experience may have put off many would-be investors, Anthony is still investing 25 years later, and sitting on a reasonable nest-egg. Anthony, who is 47 and works as an HR manager, says a work colleague …
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– Pre-tax profits hit £172 million from £48 million – Value of the portfolio has doubled in a year – Demand far exceeds supply meaning rents can keep rising The past year has been a transformational one for investor in mid-size industrial property Urban Logistics (SHED) resulting in pre-tax earnings …
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U.K. stocks climbed Friday, as the FTSE 100 Index UKX, +0.27% closed up 0.27% at 7,585.46. Of the FTSE 100 constituents, closed-end funds company Scottish Mortgage Investment Trust PLC SMT, +6.57% saw the largest increase Friday, as shares increased 6.57%. Shares of food retail firm Ocado Group PLC OCDO, +5.01% …
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The European Pensions Awards recognise the pension providers that have set the professional standards in order to best serve European pension funds over the past year. EQ recognised for supporting clients, and the continuity of service through the COVID-19 pandemic, as well as innovation in digital-first technology to support scheme …
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The UK software space could be in for an exciting year for companies joining public markets, claim analysts. ‘We think 2021 could be one the biggest years for UK software IPOs for a very long time’, said Rob Warensjo, one of the analysts on the Megabuyte research team. ‘Not only by …
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Oct 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – UK special forces troopers stormed an oil tanker off the Isle of Wight on Sunday night and …
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By Abhinav Ramnarayan, Sinead Cruise LONDON (Reuters) – The Hut Group’s THG.L shares soared 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal its 5.4 billion pound ($6.99 billion) listing, one of London’s largest tech IPOs to date. FILE PHOTO: The …
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LONDON (Reuters) – E-commerce firm The Hut Group confirmed its intention to float on the London Stock Exchange on Thursday, in potentially the biggest listing of a British company since 2013 and the first major London listing since the COVID-19 crisis. The 920 million pound ($1.22 billion) float would value …
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