magazine archive
magazine archive
Story In Numbers
2.1%: House price growth in East Midlands in top form
Thursday 23 Mar 2017Average house prices jumped by 2.1% in the East Midlands during March, surpassing £200,000 for the first time according to Rightmove. The region exceeds general price growth of 1.3%, outpacing cheaper properties in the North and the more expensive commuter belt in the South of England. In bad news...
$23 billion: Behemoth created by Vodafone India merger
Thursday 23 Mar 2017Vodafone’s ( VOD ) torrid time in India could be over. After entering the market in 2007, the firm was embroiled in a tax dispute for $2.5 billion that is still ongoing. Reliance Jio Infocomms’ move into the telecoms market last year impacted Vodafone’s profits as Jio was offering free services for...
Hansteen disposal worth more than its market cap
Thursday 23 Mar 2017In a deal worth more than its current market valuation (£913m), real estate investment trust Hansteen ( HSTN ) has agreed to sell its German and Netherlands industrial assets for £1.1bn. Shareholders are likely to get a cash bonus from some of this money. The price represents a 6% premium to its...
UK Pharma & Biotech Stocks
Thursday 16 Mar 2017‹ Previous 2017-03-16 Next ›
3-month low: Oil slips as US activity ramps up
Thursday 16 Mar 2017Oil prices have hit a three-month low as rising inventories and increasing activity in the US knocks OPEC’s attempts to shift the balance of the market off course. Despite two months of reduced output from the producers’ cartel, there are signs North America is stepping in to fill the gap. As we...
7.9%: Investment trust’s big bet on Sports Direct
Thursday 16 Mar 2017Aurora Investment Trust ( ARR ) is taking a hefty bet that the market is too pessimistic with regards to Sports Direct ( SPD ) . The troubled retailer now accounts for nearly 8% of Aurora’s portfolio and is its fourth largest holding. The trust is run by Phoenix Asset Management which likes to go...
76%: Percentage of money going into European tech firms by US and Asian investors
Thursday 16 Mar 2017Around three quarters of money pumped into late stage tech firms in Europe over the past year has come from the US or Asia, according to investment bank Magister Advisors. This large proportion of overseas capital is partially down to the lack of EU investment funds versus demand from European tech...
25%: Ramsdens on the rise
Thursday 16 Mar 2017This is the percentage increase in the share price of jewellery retailer-to-pawnbroker Ramsdens ( RFX:AIM ) since it floated on AIM last month (15 Feb), having ticked up from an 86p issue price to 107.45p at the time of writing. Middlesbrough-headquartered Ramsdens is also involved in foreign...
500 tonnes: Morrisons is in good shape
Thursday 16 Mar 2017Recovering grocer WM Morrison Supermarkets ( MRW ) is now selling over 500 tonnes of ‘wonky veg’ on average each week to half a million-plus customers across stores and online. This is in response to a growing consumer clamour for mis-shaped or out of specification produce, which Morrisons...
AIM Stocks Ranking
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