magazine archive


magazine archive

Big News

Why you should NOT hitch a lift with the Uber IPO

Thursday 18 Apr 2019

It is one of the most eagerly awaited stock market listings ever but investors are already being warned off investing in the initial public offering ( IPO ) of ride-hailing colossus Uber. ‘This is one public offering investors should stay away from,’ says Ben Barringer, equity research analyst at...

JD Sports, IWG, Galliford Try and other news

Thursday 18 Apr 2019

The Easter holidays have seen plenty of news from retailers for investors to keep tabs on. Chiming with a British Retail Consortium report which suggested March’s better weather encouraged higher footfall on the high street, most of the updates from the space have been broadly positive. Sector star...

Rightmove reports property price recovery – but what about its own prospects?

Thursday 18 Apr 2019

The latest asking price data from property listings site Rightmove ( RMV ) for April indicates signs of recovery in the UK housing market. Rightmove asserted that the 1.1% monthly rise was unusually strong for the start of the spring selling season (versus 0.4% in 2018, 0.9% in 2017 and 1.5% in...

Why Bunzl’s growth shock matters to investors

Thursday 18 Apr 2019

Shares in FTSE 100 distribution and services group Bunzl ( BNZL ) came under big pressure on on 17 April when it revealed a slowdown in trading. The company, which provides businesses with items like coffee cups or cleaning products which are not sold to customers but are essential for their day-to...

The ‘big data’ you need to watch on the UK economy

Thursday 18 Apr 2019

Earlier this week the Office for National Statistics (ONS) published a new set of indicators which it hopes will offer a ‘real-time’ guide to economic activity in the UK. As the ONS explains, ‘The appetite for faster information on UK economic activity has never been higher. Policymakers and...

The week's big news: Saga, Debenhams and more

Thursday 11 Apr 2019

The big mover in the past week is over-50s travel and insurance business Saga ( SAGA ) which saw its shares nearly halve to 60p on the one-two punch of a big profit warning (4 Apr) and subsequent negative research report from investment bank UBS (8 Apr). Alongside its full year results, the company...

Funding Circle income fund to close after performance flop

Thursday 11 Apr 2019

Peer-to-peer ( P2P ) lender Funding Circle ( FCH ) is set to close its Funding Circle SME Income Fund ( FCIF ) following a consultation with the investment trust’s shareholders. This development has put shares in Funding Circle under pressure at 321.5p and is arguably reflective of wider problems...

Brexit blamed for worst business investment figures since 2008

Thursday 11 Apr 2019

As we write a no-deal Brexit on Friday (12 Apr) is still a running possibility with the UK’s destiny likely in the hands of EU leaders at their emergency summit. Whatever the outcome on 12 April, whether crashing out without a deal, a further extension or even the nuclear option of revoking Article...

Superdry shares still weak despite Dunkerton win

Thursday 11 Apr 2019

Following a stunning boardroom coup (2 Apr), clothing entrepreneur Julian Dunkerton has returned to Superdry ( SDRY ) . However, market confidence in the prospects of a turnaround remains low, with the shares having been notably weak since Dunkerton’s narrow victory. We expect that many of the big...

Jupiter European funds downgraded as star manager set to step down

Thursday 11 Apr 2019

Investors in Jupiter European (B5STJW8) and Jupiter European Growth funds have received the shock news that star manager Alexander Darwall will be stepping down later in the year. Darwall has managed the European fund since 2001 and the European Growth fund since 2007 and both have consistently...

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