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Can Next deliver yet another upgrade?
Thursday 24 Jul 2025Best-in-class retailer Next (NXT) has delivered 11 upgrades to earnings forecasts in the last three years, the latest (8 May) driven by warm spring weather in the first quarter to 26 April. Consequently, there is pressure on the fashion-to-homewares seller to raise guidance for a 12th time with its...
Infrastructure group Galliford Try hits five-year high on raised guidance
Thursday 17 Jul 2025In case investors were in any doubt as to which part of the UK construction market looks most attractive, infrastructure and civil engineering firm Galliford Try (GFRD) laid that to rest this morning with another increase to full-year revenue, margin and earnings guidance. Ahead of the release of...
‘Ugly’ update sends former ad giant WPP’s stock to 15-year low
Thursday 17 Jul 2025In a disappointing six-month trading update (9 July), global media group WPP (WPP) said it had seen a deterioration in performance as the second quarter had progressed. As a results, it lowered its first-half like-for-like revenue guidance to a drop of 4.2% to 4.5%, with a second-quarter decline in...
New tariffs threaten European, Canadian and Mexican trade with the US
Thursday 17 Jul 2025Another week and another round of US tariffs on imports, with the White House threatening a 35% levy on Canada and 30% on goods from the EU (European Union) and Mexico. The three regions are major trading partners with the US, so if the tariffs are implemented as planned on 1 August it would mean a...
Lockheed Martin’s Q2 clues to US defence spending regime
Thursday 17 Jul 2025If the global defence sector is undergoing a paradigm shift driven by geopolitical tensions and technological innovation, Wall Street-listed Lockheed Martin (LMT:NYSE) is a critical player, not that you would have guessed so by recent share price performance. While European defence firms like...
Bitcoin prices set record as investor bet big on ‘crypto week’
Thursday 17 Jul 2025Bitcoin vaulted past $120,000 for the first time on 14 July, the latest milestone for the world’s largest cryptocurrency as investors bet on industry policy wins in what been dubbed ‘crypto week’. This is a banner being used to describe a series of debates by US lawmakers that could lay the...
Currys shares climb to three-year high on resumption of dividends
Thursday 10 Jul 2025Washing machine, air fryer and laptop seller Currys (CURY) reported a solid set of results for the year to 3 May, sending its shares up as much as 12p or 10% to a three-year high of 130p last week (3 July). Group sales were up 2% on a like-for-like basis to £8.7 billion, driven by 4% like-for-like...
Scorching weather takes its toll on Hollywood Bowl
Thursday 10 Jul 2025When tenpin bowling operator Hollywood Bowl (BOWL) reported record trading in the first half (29 May) to the end of March, the shares fell by around a tenth reflecting a prolonged period of unprecedented dry and warm weather from March to May. The scorching temperatures in June appear to have added...
Frasers Group targets Hugo Boss dividend policy and treasury shares
Thursday 10 Jul 2025Having finally decided last month not to make an offer for Revolution Beauty (REVB:AIM) – in which it owns a minority stake via its 29% holding in online fashion firm Boohoo – retail brand owner Frasers (FRAS) has turned its attention to German luxury brand Hugo Boss (BOSS:ETR) . According to the...
Stock markets react with relief as tariff deadlines extended
Thursday 10 Jul 2025An extension to the 9 July deadline for a previous pause on ‘Liberation Day’ tariffs, now shifted until the beginning of August, is overshadowing the threat of new levies on US trading partners. Investors seem to be back on the TACO (Trump Always Chickens Out) train for now. One driver of the...