[ad_1] Online retailer Boohoo revealed on Thursday that multiple directors had upped their stake in the AIM-listed group that same day. Chairman Mahmud Kamani snapped up 5.0m ordinary shares in the firm at an average price of 214.28p each for a total of £10.7m, while co-founder Carol Kane purchased 2.0m ordinary shares for a total…
[ad_1] One of the plans when the Ideas Farm was launched a couple of months ago was to keep improving these pages as we went. Readers who have found it useful to know the top positions of the best-performing funds in given sectors may notice one such improvement this week in our list of UK…
[ad_1] Shares in London subsided again, with the FTSE100 threatening to dip below the 5,000 level again. Our Trader writer Neil Wilson says: ‘Stocks are weaker, with European equities extending losses through the morning session to trade down 5 per cent on the day. US futures are limit down again after yesterday’s bounce on Wall St….
[ad_1] 3) Wife of advertising tycoon Sir Martin Sorrell files for divorce: Lady Cristiana Falcone Sorrell and Sir Martin, former boss of advertising giant WPP, have been married for 12 years and have a young daughter. 4) Disney has announced the surprise early replacement of its chief executive Bob Iger, ending his 15-year run in charge of the…
[ad_1] The FTSE 100 slipped 0.4% and marked its second consecutive week in the red after an uptick in new cases of the virus in China and South Korea hit stocks more exposed to commodity prices, including oil majors and miners <.FTNMX1770>. “Perhaps the reality of the situation is starting to hit home for investors…
[ad_1] 3) The failure to electrify thousands of miles of railway threatens Boris Johnson’s promise to make Britain the cleanest country on earth, industry leaders have warned. Rail chiefs have written to Transport Secretary Grant Shapps urging him to press on with electrification so that the industry can cut out carbon emissions by 2040. 4) Beales to shut remaining 11…
[ad_1] A sudden fall of 16pc in any share price is certainly cause for alarm. This is what happened to ULS Technology, a holding in our Income Portfolio, over the course of Tuesday and Wednesday this week. What is going on with this stock? At first sight the answer – and this may appear extraordinary to readers – appears…
[ad_1] 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 day, Steven and Andrea…
[ad_1] Shares in 500-year-old Royal Mail fell as much as 9.7% in morning trade. IC TIP UPDATES: Emerging markets-focused asset manager Ashmore (ASHM) has raised its interim dividend from 4.55p to 4.8p per share, the first hike in distributions since 2014. Judging by the group’s 42 per cent year-on-year rise in pre-tax profit to £132m, that…
[ad_1] At first glance, the industrial transport sector seems a rather odd grouping of companies, covering everything from marine engineering and shipbroking to private aviation and letter delivery. But there is a common factor on which their performance hinges: business confidence. Clarkson’s (CKN) financial division ran aground last year as global uncertainty meant marine capital…