magazine archive
magazine archive
Story In Numbers
Mid and Large Cap Retail Stocks
Thursday 01 Jun 2017‹ Previous 2017-06-01 Next ›
Acacia share price hit by mis-reporting allegation
Thursday 01 Jun 2017A new twist to Acacia Mining’s ( ACA ) gold export problem saw its share price collapse by 35% in the course of a week to 286.3p. The Tanzanian government, which recently banned the export of unprocessed ore, has accused Acacia of under-reporting the amount of metal in its previous shipments,...
150 AGMs Moving to the internet
Thursday 01 Jun 2017More than 150 annual general meetings (AGMs) were held online by US corporates in 2016. That compares with less than 100 in 2015. Ford and Hewlett Packard are among the big names ditching traditional AGMs in favour of online broadcasts. We wouldn’t be surprised to see FTSE companies give it a go as...
Softcat CEO’s 11 year reign comes to an end
Thursday 01 Jun 2017The long-standing chief executive of IT systems reseller Softcat ( SCT ) is to step down. Martin Hellawell is highly respected in the IT industry and has made shareholders lots of money. Softcat has grown exponentially during his 11 years at the company. Revenue has increased from around £50m to a...
Low volality funds double in five years
Thursday 01 Jun 2017The number of low volatility funds available in Europe has doubled in the past five years to almost 100 open-ended or exchange-traded funds. According to Morningstar, these products enjoyed an estimated €27 billion in net inflows over the period, and assets under management reached €40 billion by...
Pooch pampering a boon for Pets at Home
Thursday 01 Jun 2017Pets at Home ( PETS ) has added an extra 50 grooming salons over the past financial year as pet owners seek to have their animals treated to a bath or have their nails clipped. The dog food seller-to-vet practices group won’t stop at 290 sites; it plans to open another 40 to 50 grooming salons by...
FTSE 250: Best Performing Stocks
Thursday 25 May 2017‹ Previous 2017-05-25 Next ›
FTSE 100: Best Performing Stocks
Thursday 25 May 2017‹ Previous 2017-05-25 Next ›
45.1%: acceptance for Shawbrook takeover below required level
Thursday 25 May 2017There seems a good chance that Marlin Bidco’s attempt to take banking group Shawbrook ( SHAW ) private will fail unless the offer price is raised. The suitor has only got support (including its existing stake) for 45.1% of the issued share capital, below the 50% (plus one share) required threshold...
Royal Mail’s operating profit was 14.8% ahead of expectations
Thursday 25 May 2017Investors in Royal Mail ( RMG ) should be pleased with its full year results on 18 May because they were much better than expected by analysts. In particular, investment bank Investec says Royal Mail’s operating profit of £353.2m was 14.8% higher than its forecast. Volumes in both Royal Mail’s UK...