The best-performing UK investment trust over three years isn’t tech

Literacy Capital (BOOK)    515p

Market cap: £310 million


We have been keeping a watchful eye on UK private equity investment trust Literacy Capital...

Thu, 01/08/2024 - 00:00


Bumper share buyback unveiled by IT reseller Computacenter

International IT reseller Computacenter (CCC) has unveiled a new share buyback programme worth £200 million, larger than analysts had expected and worth about 7% of its...

Thu, 01/08/2024 - 00:00


McDonald’s sales drop shows customers are no longer ‘lovin’ it’

Sales at McDonald’s (MCD:NYSE) fell for the first time in three years in the second quarter as the fast-food giant fell victim to consumers cutting...

Thu, 01/08/2024 - 00:00


No pain relief for shareholders in consumer goods group Reckitt Benckiser

From being one of the hottest properties in the market pre-pandemic, and having had a ‘good crisis’ as it were thanks to its hygiene division,...

Thu, 01/08/2024 - 00:00


Are investors asking themselves the wrong questions about rate cuts?

Leafing through the second-half outlooks and thought pieces, Shares was struck by a piece not from one of the serried ranks of Wall Street or...

Thu, 01/08/2024 - 00:00


Entain shares plumb four-year low after latest profit downgrade

Shares in embattled Ladbrokes and Coral owner Entain (ENT) plunged by almost a tenth on Monday (29 July), plumbing new four-year lows after the gambling...

Thu, 01/08/2024 - 00:00


Disney needs to deliver some turnaround magic

Bob Iger was summoned out of retirement in 2022 to get iconic media company Walt Disney (DIS:NYSE) whirring again, but there is still much for...

Thu, 01/08/2024 - 00:00


Fed likely to leave rates unchanged this week due to mixed data

The US Federal Reserve finds itself in a ‘damned if they do, damned if they don’t’ situation with regard to cutting interest rates as the...

Thu, 01/08/2024 - 00:00


Why is Canal+ looking to list in London?

In another sign of the UK market’s recent rehabilitation, French media giant Vivendi (VIV:EPA) has announced it will list its Canal+ TV and film operation...

Thu, 01/08/2024 - 00:00


The biggest gainer on the S&P 500 this year is up 145%, and it isn’t Nvidia

What is the best performing S&P 500 stock so far this year? AI (artificial intelligence) chip champ Nvidia (NVDA:NASDAQ) maybe? Weight loss wonder Eli Lilly...

Thu, 01/08/2024 - 00:00


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