magazine archive
magazine archive
Big News
Investors swarm over UK cyber stocks
Thursday 18 May 2017Organisations across the world have been thrown into disarray by a ransomware hacking attack that has hobbled IT systems. That’s prompted investors to take another look at firms which help defend against cyber security breaches. Experts are calling it the biggest ransomware attack so far, with more...
Cause for optimism on UK stocks
Thursday 18 May 2017A new report from pension, insurance and investment firm Aegon UK shows a third of financial advisers believe UK shares will generate the ‘best return’ for clients on a three to five-year view. At the same time, data from investment bank Morgan Stanley shows 64% of UK companies posted first quarter...
Bumper orders in building services
Thursday 11 May 2017A trio of building service suppliers, T Clarke ( CTO ) , Morgan Sindall ( MGNS ) and Carillion ( CLLN ) , have all reported a rush of new order wins since the beginning of May. T Clarke upped 2017 revenue and profit guidance as it revealed that it was going to exceed the £400m mark in its order...
Port operator looks like a great investment
Thursday 11 May 2017We’re enthused by Global Ports’ plan to acquire more cruise ports and generate additional revenue via retailing on top of standard port and service fees. The company joins the London stock market on 12 May and looks a decent investment, in our opinion. The company currently owns 14 ports in eight...
‘Underappreciated’ hotel plan could fuel Merlin
Thursday 11 May 2017Legoland owner Merlin Entertainments ( MERL ) is trading at all-time highs above 500p, driven by a recent bullish research note from investment bank Morgan Stanley which says a plan to add themed hotels to its parks are ‘underappreciated’ in both their profitability and scale. Other analysts are...
New fund targets 6% yield from home rentals
Thursday 11 May 2017Private investors have the chance to participate in the IPO (initial public offering) offer for first real estate investment trust to target the private rented sector. The PRS REIT plans to raise £250m to invest in newly-built family rental homes across England. It hopes to offer a 6% dividend...
Avocet shares suspended
Thursday 04 May 2017Shares in micro cap gold miner Avocet Mining ( AVM ) are suspended as it has been unable to publish its 2016 annual report and financial statements within four months of the year end. The delay comes as auditor Grant Thornton requires more time to complete its work. At the same time operational...
Ratings downgrade for Standard Chartered
Thursday 04 May 2017Emerging markets focused bank Standard Chartered ( STAN ) is on the back foot thanks to a downgrade to its credit rating from credit agency Moody’s. Its debt is downgraded one notch to A1 from Aa3. This reflects expectations of lower profit as the bank looks to repair its balance sheet against a...
BP beats expectations thanks to oil price rise
Thursday 04 May 2017Oil major BP ( BP. ) posted first quarter profit of $1.5bn against expectations for $1.26bn thanks to higher oil prices. Crude hit multi-year lows in early 2016 as investors fretted about the Chinese economy and averaged $35.30 per barrel in Q1 2016 against $54.70 in Q1 2017. It will be interesting...
Can BooHoo.com shares keep rising?
Thursday 04 May 2017Online fashion star Boohoo.com ( BOO:AIM ) continues to put smiles on investors’ faces. The shares at 188.5p aren’t cheap on 70 times forwards earnings. Yet six analysts out of 11 analysts covering the stock rate the shares either as a ‘buy’ or ‘outperform’, according to Reuters data. Key to their...