magazine archive


magazine archive

Story In Numbers

Nikkei 225 hits highest point in 21 years

Thursday 19 Oct 2017

In Japan, the Nikkei 225 reached its highest level in more than two decades on 11 October at 20,881. That level was last achieved in December 1996. Speculation that Prime Minister Shinzo Abe is set to stay in power following the general election later this month helped support investor sentiment...

Consumer product experts raise $1.25bn for new cash shell

Thursday 12 Oct 2017

A group of individuals previously at US consumer products group Jarden have raised $1.25bn for the launch of a new buy-and-build business called J2 Acquisition ( JTWO ) . The cash shell has started trading on London’s Main Market and will seek to buy businesses in undisclosed sectors. J2 has been...

US recession? Almost no chance

Thursday 12 Oct 2017

There is virtually no chance of the US economy plunging into recession during the next 12 months, say economic strategists at investment bank UBS. The analysts input many hard and soft data points into their model and find that a ‘US recession probability is still close to zero’. Hard data is fact...

ScS shareholders are sitting pretty

Thursday 12 Oct 2017

Based on 43.2p per share of total cash returns, 24.7% is the equivalent percentage return investors have enjoyed from ScS ( SCS ) on its 175p IPO issue price since it re-listed on the stock exchange in January 2015. While the consumer backdrop is becoming tougher for big ticket retailers, the ‘Sofa...

A stable for ‘Unicorns’

Thursday 05 Oct 2017

The UK is punching its weight when it comes to building ‘unicorns’, namely fast growing businesses valued in excess of $1bn-plus. Technology advisory GP Bullhound says the UK boasts 22 of the 57 such companies in Europe, significantly outpacing entrepreneurial hubs Germany (7), Sweden (7) and...

Rise in number of billionaires could aid GYG

Thursday 05 Oct 2017

Superyacht refitting firm GYG ( GYG:AIM ) may well be immune from any economic downturn, according to the company’s chief executive Remy Millot. He claims GYG is in the billionaire end of the market which he claims is ‘protected’ from global economic woes. With 195 new billionaires this year...

AIM superstar expands into insurance sector

Thursday 05 Oct 2017

One of the most successful AIM stocks has expanded into the pet insurance market, although the move isn’t expected to boost earnings until its financial year ending June 2019. CVS ( CVSG:AIM ) says the response from customers since launching insurance under the name of MiPet Cover in August has...

Data surge

Thursday 28 Sep 2017

Global data demand is predicted to jump by 23.7% per year through to 2021 as consumers and businesses demand increasingly high-quality connectivity and on-demand entertainment. According to Cisco research, the 1.2bn terabytes of data generated in 2016 will soar to 3.3bn by 2021. In other words,...

Ryanair’s €20m compensation ‘won’t hurt’ 2017 earnings

Thursday 28 Sep 2017

Budget airline Ryanair ( RYA ) is expected to pay out €20m after cancelling flights last minute so pilots could take their annual leave. Investment bank Berenberg is confident this compensation payment and an additional €5m charge that may emerge from the cancelled flights won’t affect full year...

Retail sales confound doomsters’ predictions

Thursday 28 Sep 2017

The year-on-year growth in UK retail sales in August, as reported (20 Sep) by the Office for National Statistics (ONS), came in at a surprisingly strong 2.4% despite a backcloth of rising inflation and falling real wages. Well ahead of expectations, the data shows the UK consumer is still very much...

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