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magazine archive
Big News
Dialight banking on new leadership
Thursday 11 Jan 2018Shareholders in LED lighting systems designer Dialight ( DIA ) are pinning their hopes on new leadership drawing a line under manufacturing execution problems. The £195m company is at the cutting edge of LED technology, specialising in lighting solutions for hazardous and challenging industrial...
Regulators take aim at trading platforms
Thursday 21 Dec 2017The biggest derivative trading platforms on the market have been shaken by European and UK regulators’ focus on their activities. Those impacted include the UK’s largest player IG Group ( IGG ) which along with CMC Markets (CMC) and Plus500 ( PLUS:AIM ) suffered heavy share price losses on 18...
Purplebricks pasted on cost concern
Thursday 21 Dec 2017Online estate agent Purplebricks ( PURP:AIM ) saw its share price come under some pressure after a mixed set of first half results (13 Dec). The business remains loss-making despite group revenue rising 150% to £46.8m in the period. Investment bank UBS says cost increases needed to support the...
Heavyweights join OneMedia board
Thursday 21 Dec 2017Former BBC chairman Michael Grade and his business partner Ivan Dunleavy are set to join the board of digital music rights business One Media IP ( OMIP:AIM ) after investing £375,000 (18 Dec). One Media has a catalogue of more than 250,000 ‘nostalgic’ tracks. Part of what attracted Grade to One...
Another video games developer joins stock market
Thursday 21 Dec 2017Video games developer Sumo ( SUMO:AIM ) is set to join the stock market today (21 Dec), having raked in almost £40m of new money in a well-supported fundraise. Sumo, which has contributed to hit franchises including OutRun 2 , Hitman and Sega & Sonic All-Stars , wants to ‘continue to grow...
Tough festive trading to put retailers to the test
Thursday 21 Dec 2017In a research note warning of a ‘difficult Christmas’ for the retailer sector, investment bank Investec notes the sector nonetheless contains some ‘interesting valuations’. It identifies stocks to appeal to most investment styles while highlighting its top 2018 picks. In Investec’s view, the coming...
UK water companies facing earnings, dividends pressure
Thursday 21 Dec 2017UK water suppliers could face significant earnings and dividend pressure as industry watchdog Ofwat plays hardball on operating costs and debt financing. The regulator has published its early findings for the next five year price review period, which runs from 2019. The methodology of allowed cost...
What does Disney-Fox deal mean for Sky shareholders?
Thursday 21 Dec 2017Anyone owning shares in Sky ( SKY ) may be confused as to what’s going to happen to their investment given a twist to the media group’s takeover. For the past year shareholders have been waiting for 21st Century Fox’s £10.75 per share takeover offer for Sky to complete. Disney has now struck a deal...
Dividend fears cloud Inmarsat
Thursday 14 Dec 2017Satellites network operator Inmarsat ( ISAT ) could be the next FTSE 350 constituent to cut the level of dividends it pays to shareholders. The £2bn company provides sea, air and land communications for governments, military and enterprise customers. A period of heavy infrastructure investment has...
Businesses are looking for Brexit certainty
Thursday 14 Dec 2017The UK Government has progressed to the second stage of Brexit talks after securing a divorce agreement (8 Dec). A summit starting today (14 Dec) in Brussels may see the opening salvo in a negotiation to agree a trade deal between UK and the EU. The market will be looking for positive noises on a...