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Travis Perkins shares hit 15-year low after profit warning
Thursday 10 Apr 2025The outlook is far from rosy for Travis Perkins (TPK) with shares hitting a 15-year low (1 April) as the builders’ merchant warned profit this year would miss forecasts due to ‘challenging conditions’. The Northampton-based firm blamed deflation as it slipped to a pre-tax loss of £38.4 million for...
Currys’ shares gain 60% over the past year
Thursday 10 Apr 2025Shares in Currys (CURY) have gained 60% over the past year as the electrical retailer experiences meaningful recovery in its Nordic business and solid sales from its UK operation. On 3 April the company raised its profit guidance for the second time in 2025 due to ‘robust’ trading in the period...
Shares in Naked Wines pop to year-high on plan to unlock value
Thursday 03 Apr 2025Shares in online drinks retailer Naked Wines (WINE:AIM) jumped 10p or 16% to a new 12-month high after the company unveiled a new strategic plan to generate sustainable earnings growth and deliver ‘significant’ cash distributions. There are three legs to the plan, the first being to achieve £75...
Aston Martin Lagonda shares skid to new low on US tariffs
Thursday 03 Apr 2025Shares in luxury carmaker Aston Martin Lagonda (AML) dropped 5p or 7% to an all-time low of 69p on news the US would introduce a 25% ‘customs surcharge’ on all imported cars starting this month. Other European and Asian carmakers also saw their shares slide, as imports make up around 50% of...
Interest in European infrastructure and renewables continues to build
Thursday 03 Apr 2025In all the excitement over European countries ramping up spending on defence in order to compensate for the US’s isolationism and Russian aggression, most investors and commentators overlooked one small but critical detail. These spending plans aren’t just about defence, they include a commitment...
S&P 500 endures worst quarter since 2022 on stagflation fears
Thursday 03 Apr 2025US stock markets were already on the ropes before the release of PCE (personal consumption expenditures) inflation data and the University of Michigan consumer confidence report on 28 March, but it was the latter which stoked further losses, taking the S&P 500 down almost 2% on the day. Most...
Why WH Smith was prepared to sell its High Street stores at bargain basement price
Thursday 03 Apr 2025Iconic British retailer WH Smith (SMWH) is on the cusp of a radical transformation from newsagent and stationer into a pure-play global travel retailer, having agreed to sell its iconic UK High Street business to Modella Capital for an enterprise value of £76 million. Set to complete this summer,...
Lloyds shares play catch-up with Big Four rivals in 2025
Thursday 27 Mar 2025So far this year shares in banking group Lloyds (LLOY) have closed the gap which opened up between it and peers like Barclays (BARC) and NatWest (NWG) in 2024. That the stock has advanced year-to-date is even more impressive when you consider the company has significant exposure to the ongoing...
Greggs shares plunge to two-year lows
Thursday 27 Mar 2025Food-on-the-go retailer Greggs (GRG) has endured a miserable start to 2025, with its shares down more than 35% year-to date to their lowest levels since 2022. A warning in January from chief executive Roisin Currie of lower consumer confidence, which ‘continues to impact high street footfall and...
Investors get comfortable with Liberation Day
Thursday 27 Mar 2025As global trade tensions continue to test investor’s patience, uncertainty is set to move up a notch as we approach what Donald Trump has christened ‘Liberation Day’ on 2 April. ‘April 2nd is going to be liberation day for America. We’ve been ripped off by every country in the world, friend and foe...