magazine archive
magazine archive
Big News
Genus gets green light to launch GSS
Thursday 06 Apr 2017It’s all systems go as animal genetics specialist Genus ( GNS ) can launch its Genus Sexed Semen ( GSS ) technology in the US and other global markets as legal issues are resolved. Using GSS, farmers can produce female calves for milk. A ruling by the US District Court in Wisconsin removes...
FTSE 100 dividend delight on overseas earnings boost
Thursday 06 Apr 2017The FTSE 100’s approximate 4% yield could provide a useful way to combat rising inflation, according to AJ Bell’s latest Dividend Dashboard report. With 75% of earnings from the FTSE 100 coming from overseas, the devaluation of sterling has provided a significant boost to constituents of the blue...
Trump trade hits road block
Thursday 30 Mar 2017The failure of the Trump administration to get its healthcare reforms through Congress raises serious questions over its ability to deliver on corporate tax cuts and infrastructure spending plans. This in turn is putting pressure on the financial markets and could lead to the gains accrued during...
Hard road ahead for Halfords
Thursday 30 Mar 2017Car parts-to-bicycles retailer Halfords ( HFD ) is on a ‘Road to Nowhere’ according to stockbroker Peel Hunt. It says investors should dump the stock, arguing consensus earnings estimates fail to reflect increasing headwinds and a new store format that ‘doesn’t move the dial’. Peel Hunt is nervous...
Pershing eyes revival with London listing
Thursday 30 Mar 2017Billionaire Bill Ackman’s famous hedge fund Pershing Square Holdings is seeking to list on the London Stock Exchange’s Main Market as it tries to distance itself from a terrible performance on Amsterdam’s Euronext exchange. As a hedge fund, Pershing is known for making concentrated bets on US...
Are you eligible for Tesco compensation?
Thursday 30 Mar 2017Anyone who bought shares in Tesco ( TSCO ) during a certain part of summer 2014 may be able to get some money back as a compensation payment. Tesco has agreed a settlement with the Serious Fraud Office (SFO) over accounting malpractice where it overstated profits. The Financial Conduct Authority (...
888 comes up trumps
Thursday 23 Mar 2017Online gaming group 888 ( 888 ) shrugged off currency headwinds to deliver forecast-busting full year results (21 Mar) showing strong organic growth and substantial free cash flow. Investec Securities is a buyer with a 260p price target, arguing ‘given 888’s size and superior technology offering,...
Argos saves the day for Sainsbury’s
Thursday 23 Mar 2017A mixed fourth quarter trading statement from Sainsbury’s ( SBRY ) was saved by a forecast-beating performance from recently-acquired Argos. Like-for-like retail sales softened 0.5% in the core supermarkets business; in contrast Argos achieved 4.3% growth. Argos’ online strength and delivery skills...
The fund which can help you beat inflation
Thursday 23 Mar 2017UK inflation punched through the 2% target with ease in February. The 2.3% rate of year-on-year price growth represented the highest level of headline CPI since 2013. Accordingly, assets able to protect portfolios from the so-called ‘cruellest tax’ should be on investors’ shopping lists. As the...
Setting the course for Brexit
Thursday 23 Mar 2017The starting gun on Brexit is set to be fired on 29 March. That is when Government will trigger Article 50 and formally begin the process of leaving the European Union (EU). Sterling dropped in the immediate aftermath of the news. This is somewhat surprising given the guidance had always been for...