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ASOS shares hit new all-time low despite US restructuring news
Thursday 20 Mar 2025The share price chart of online fast-fashion firm ASOS (ASC) is quite unnerving even for investors who don’t own the FTSE 250 stock. Something has clearly gone very wrong since the start of the year, yet the news flow – such as it is – has been positive. In mid-January, the firm announced that,...
Greatland Gold shares gain 53% year-to-date as bullion price hits new high
Thursday 20 Mar 2025AIM-quoted Greatland Gold (GGP:AIM) has seen its shares gain a healthy 53% year-to-date as the mining firm rides the coat-tails of the record gold price and completes two transformational deals in Australia. The precious metal hit $3,000 per ounce for the first time on 14 March due to central bank...
Stagflation fears stoked by stalling consumer confidence and rising inflation
Thursday 20 Mar 2025With recession worries taking all the headlines last week, the latest University of Michigan consumer confidence survey reading on 14 March was hotly anticipated. Not only did the reading fall short of expectations, plumbing a two year low of 57.9, but the survey also revealed a sharp rise in...
Vistry expected to draw a line under cost issues and provide new medium-term targets
Thursday 20 Mar 2025Vistry (VTY) , one of the largest housebuilders in the UK is scheduled to release its full year results on 26 March alongside an update on its medium-term targets. Investors will be hoping the company can draw a line under the cost issues which have impacted the business over the last few months,...
Threat of Asda-led price war puts supermarket shares under pressure
Thursday 20 Mar 2025A surprise announcement from Asda has caught investors off guard and threatened to spark a supermarket price war. Its UK rivals were knocked off their axis by the profit warning and a statement it intends to invest more in price and store standards this year. Executive chair Allan Leighton said the...
Schroders looks to turn the corner with new strategy
Thursday 13 Mar 2025In late February, when we ran our screen of the UK’s biggest five-year laggards, investment management firm Schroders (SDR) was one of the worst FTSE 100 performers with its shares languishing 33% below their pre-pandemic level. Last week, the firm surprised the market not only by beating forecasts...
Rentokil’s latest results fail to reassure the doubters
Thursday 13 Mar 2025A few weeks ago we flagged the need for pest control and hygiene group Rentokil (RTO) to come up with a positive spin on its 2024 results or the outlook for 2025, but in the event there was little in this month’s announcement to inspire confidence and the shares headed south once more, losing over...
UK M&A gets off to a slow start but investment trusts are in demand
Thursday 13 Mar 2025A revised approach for FTSE 250 healthcare facilities owner Assura (AGR) by US buyout fund KKR (KKR:NYSE) and Stonepeak Partners brings UK M&A deal values so far this year to around £3.6 billion by our calculation. That is only around 25% of the value of deals announced in the first quarter of...
Tech stocks slump as US recession fears extend the recent sell-off
Thursday 13 Mar 2025Recession noises seem to be getting louder which partly explains why 10-year treasury yields have dropped by more than half a percentage point since president Donald Trump was inaugurated in the middle of January. Trump has further stoked concerns as he failed to dispel recession fears, saying the...
Rolls-Royce shares hit yet another 52-week high
Thursday 06 Mar 2025Shares in Rolls-Royce (RR.) surged to a new 52-week high of 792p (3 March) as the aero-engine maker continued to impress investors with its post-pandemic turnaround. Under the helm of chief executive Tufan Erginbilgic, who was appointed in January 2023, the company has made a steady recovery and...