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October 4, 2024
FTSE 100 gives up gains after strong US jobs report
The FTSE 100 fell 0.2%, impacted by strong US jobs data dimming hopes for deeper Federal Reserve rate cuts.
October 4, 2024
Wetherspoon reinstates dividends as pretax profit surges
JD Wetherspoon reported a 33% drop in pretax profit but a 74% rise in adjusted profit, with optimistic sales outlook ahead.
October 3, 2024
FTSE 100 slides amid geopolitical tensions and market caution
FTSE 100 closed down 0.1% amid rising oil prices and geopolitical tensions, with Tesco and Marston's seeing notable gains.
September 25, 2024
FTSE 100 closes lower as BP and Shell weigh on market
FTSE 100 closed down 0.2% as BP and Shell fell; Rentokil surged on board changes while Flutter announced a buyback.
September 25, 2024
Rightmove stands firm as REA Group’s latest bid falls flat
Rightmove rejected REA Group's bid, citing undervaluation, as REA pushes for engagement from shareholders ahead of a looming deadline.
September 24, 2024
Raspberry Pi rises after strong first-half earnings report
Raspberry Pi shares rose over 6% after exceeding profit expectations in its first-half report. Revenue surged 61%, but gross margin declined slightly
September 24, 2024
Card Factory shares plummet as wage increases hit profits
Card Factory shares dropped 18.4% after revealing a 43% decline in half-year profits, pressured by rising living wage costs despite a revenue increase.
September 24, 2024
FTSE lifted by miners, Card Factory slumps
Miners lifted the FTSE 100 by 0.3%, while Card Factory dropped 18% due to profit losses amid rising costs.
September 23, 2024
FTSE softens as Rightmove resists, Alphawave plummets
FTSE 100 fell 0.1%, Kingfisher rose 1.1% on UBS upgrade, while Alphawave IP plunged 25% after cutting revenue forecasts.
September 20, 2024
JD Sports looks to maintain momentum after strong q2
JD Sports reported 8.3% sales growth, led by North America, but remains cautious amid its recent acquisition of Hibbett store
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