By Jon Hopkins Updated: 03:30 EDT, 22 June 2024 The sun has finally come out for the FTSE 100 after a dismal start to the summer. Britain’s blue-chip share index logged a weekly gain yesterday – its first in six weeks. Investors have been encouraged in recent days by news …
Read More »MARKET REPORT: French president Emmanuel Macron’s snap election rattles global markets
By Jon Hopkins Updated: 21:51, 14 June 2024 As Euro 2024 started in Germany last night, it was not just the football that was taking a kicking. Stocks across the region were also getting booted around the park, most notably those on the Paris bourse amid political uncertainty in France. …
Read More »MARKET REPORT: Hangover for cider seller as boss makes shock exit
By John Abiona Updated: 16:50 EDT, 7 June 2024 Early summer is normally when cider sales start to spike as drinkers try to quench their thirsts. But for the seller of Bulmers and Magners this season could be one to forget. Today, the company’s shares plunged after its chief executive …
Read More »MARKET REPORT: Magners owner tumbles after £22m software fiasco
MARKET REPORT: C&C shares tumble after drinks company behind Magners warns it is likely to take a £22m hit after botched software upgrade By John Abiona For The Daily Mail Published: 16:50 EDT, 19 May 2023 | Updated: 16:50 EDT, 19 May 2023 Shares in C&C tumbled after the drinks …
Read More »MARKET REPORT: Shares in Royal Mail plunge
MARKET REPORT: Shares in FTSE 250 postal group Royal Mail plunge after broker paints bleak outlook for future By John Abiona For The Daily Mail Published: 16:50 EDT, 16 September 2022 | Updated: 16:50 EDT, 16 September 2022 Shares in Royal Mail plunged after a broker painted a bleak outlook …
Read More »MARKET REPORT: Flutter and Entain soar on Blackstone deal
London-listed betting stocks Flutter and Entain were soaring after Australia’s Crown Resorts accepted a £5billion takeover offer from private equity giant Blackstone. Crown, as well as owning a number of prestige hotels, has a bunch of gaming assets. It owns Betfair Australasia, Chill Gaming and DGN Games along with a …
Read More »MARKET REPORT: Royal Mail rally delights shareholders
MARKET REPORT: Royal Mail rally is a rare delight for beleagured shareholders in the troubled postal service By Hugo Duncan for the Daily Mail Published: 21:52, 11 September 2020 | Updated: 22:19, 11 September 2020 It has been a torrid time for Royal Mail shareholders since the stock peaked at …
Read More »MARKET REPORT: Hargreaves Lansdown takes another blow as founder flogs £550m worth of shares
MARKET REPORT: Fund supermarket Hargreaves Lansdown takes another blow as founder Peter Hargreaves flogs £550m worth of shares By Francesca Washtell For The Daily Mail Published: 21:48, 7 February 2020 | Updated: 21:48, 7 February 2020 Fund supermarket Hargreaves Lansdown took another blow as its founder Peter Hargreaves flogged £550m …
Read More »MARKET REPORT: Swipe from Goldman Sachs analysts sends shares in St James’s Place lower
Wealth manager St James’s Place has been rocked this year by allegations of forgery, mis-selling, lavish staff spending and is facing a legal case brought by former footballers. But it was a swipe from Goldman Sachs analysts that sent shares in the FTSE 100-listed group lower yesterday. Goldman bucked the …
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