Scottish Mortgage has confidence in long-term despite underperformance

Scottish Mortgage Investment Trust PLC on Wednesday reported a large negative total return in the latest financial year, substantially underperforming its benchmark, but it said...

Wed, 17/05/2023 - 09:39


TOP NEWS: Sage first half revenue rises; ups interim dividend

Sage Group PLC on Wednesday said revenue was up in the first half, as it targets further revenue growth for the full-year.

The Newcastle-upon-Tyne, England-based business...

Wed, 17/05/2023 - 09:25


UPDATE: Mitchells & Butlers profit falls but cost outlook improves

Mitchells & Butlers PLC on Wednesday said it was optimistic as the medium-term cost outlook was improving, despite inflationary costs putting pressure on interim profit....

Wed, 17/05/2023 - 09:25


LONDON MARKET OPEN: Lower on US debt deal deadline; LSEG shares down

European shares opened mixed on Wednesday, amid investor nervousness about a looming US government debt default, but London was underperforming following some negative company updates.

The...

Wed, 17/05/2023 - 09:17


TOP NEWS: JD Sports annual revenue up but suffers fall in profit

JD Sports Fashion PLC on Wednesday reported a stronger year of sales for financial 2023, though profit declined.

In the financial year that ended January 28,...

Wed, 17/05/2023 - 09:07


How to beat lifestyle creep

On this episode Danni and Laura discuss “lifestyle creep”. From increasingly luxurious summer holidays to extra streaming subscriptions to keep the kids happy, it’s easy to...

Wed, 17/05/2023 - 08:59


Hardide half-year revenue growth drives Ebitda breakeven

Hardide PLC on Wednesday said an earnings before interest, tax, depreciation and amortisation breakeven was delivered due to a rise in revenue.

The Oxfordshire, England-based...

Wed, 17/05/2023 - 08:58


TOP NEWS: Anglo American’s De Beers diamond sales down on uncertainty

Anglo American PLC on Wednesday sales rough diamond sales fell in the most recent cycle, due to ongoing economic uncertainty and a slower pace of...

Wed, 17/05/2023 - 08:24


TOP NEWS: Ninety One annual profit drops as risk-aversion takes toll

Ninety One PLC and Ltd said on Wednesday its annual profit declined as ‘unprecedented’ risk-aversion hurt assets under management, prompting the money manager to reduce...

Wed, 17/05/2023 - 07:53


IN BRIEF: New Carr’s Group Chair Tim Jones buys first shares

Carr’s Group PLC - Carlisle, England-based speciality agriculture and engineering - Non-Executive Chair Tim Jones buys 148,206 shares at 135.01 pence, worth £200,087, on Monday....

Wed, 17/05/2023 - 06:55


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