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The companies in the race to find a coronavirus cure

Thursday 06 Feb 2020

The rapid spread of the coronavirus with its potential to cost the global economy four times more than the $40bn SARS epidemic, as well as human misery, has energised global healthcare companies to find a cure. In the absence of an approved vaccine, which could take months to be tested and approved...

Burford Capital shares gain despite earnings warnings

Thursday 06 Feb 2020

A warning from litigation funding firm Burford Capital ( BUR:AIM ) that profit for 2019 would be lower than the previous year didn’t trouble investors who bid up the shares 2.9% to 672.5p on the news. The profit setback was caused by the timing of realised and unrealised gains. The market instead...

Cabot Square Alternatives eyes £200m IPO

Thursday 30 Jan 2020

Investors will soon have a new way of accessing returns from the alternatives sector as an innovative new addition to the investment trust sector prepares to list on London’s Main Market on 18 February. Cabot Square Alternatives , which will trade under the ticker ‘ALTS’, is looking to raise £200m...

The story behind the share price collapse at Finablr

Thursday 30 Jan 2020

Shares in global payments platform Finablr ( FIN ) plunged nearly 30% on 24 January and remain under the cosh at 94p. This is after the company announced that its majority owner and founder, UAE-based billionaire B.R. Shetty, had pledged 392.2m stocks, roughly 56% of the company’s shares, for...

How the coronavirus might impact your investments

Thursday 30 Jan 2020

After a promising start to 2020, the markets are reeling from the outbreak of the Chinese coronavirus and the impact the deadly virus could have on the global economy. As we write the FTSE 100 is trading at its lowest levels since mid-December as investors look for clarity on just how serious the...

Consistent sales growth puts spotlight on Premier Foods’ recovery story

Thursday 23 Jan 2020

Despite tough domestic grocery market conditions, Mr. Kipling-to-Bisto maker Premier Foods ( PFD ) has now delivered 10 consecutive quarters of sales growth in the UK. The shares have had a good run since November 2019 but the company is still saddled with a reputation as a corporate ‘zombie’ due...

Palladium price doubles in seven months

Thursday 23 Jan 2020

More expensive than gold, the price of a precious metal called palladium has rocketed in the past few months. This week the metal topped $2,500 an ounce and is changing hands for double what it cost just seven months ago. A critical component in catalytic converters, palladium demand is going up...

Sirius Minerals chairman issues stark warning to shareholders

Thursday 23 Jan 2020

Shareholders in potash miner Sirius Minerals ( SXX ) need to vote on a 5.5p cash per share takeover offer from mining giant Anglo American ( AAL ) . At least 75% of shareholders need to approve the offer for it to proceed. Sirius chairman Russell Scrimshaw says takeover failure could see the...

What should investors do with Fevertree after share slump?

Thursday 23 Jan 2020

A very disappointing trading update has left investors wondering what to do with premium tonic seller Fevertree Drinks ( FEVR:AIM ) . Its shares dived 27% to a three-year low of £14.53 on 20 January after missing earnings expectations for 2019. Sales to 31 December were up just 10% to £260.5m. In...

Ranking the FTSE 100 on its commitment to ESG

Thursday 23 Jan 2020

A lot of companies talk a good game when it comes to sustainability and climate change, but how many of them actually do what they say they’re going to do? We now have some idea. Research platform Tortoise Media has ranked all 100 companies in the FTSE 100 index against the UN’s Sustainable...

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