Burberry reported a jump of 32% in adjusted operating profits followed by reaffirming its outlook for the year in the luxury fashion company’s preliminary results on Wednesday. Burberry’s results were in line with market and management expectations. Burberry noted a 21% rise in revenue from £2.34bn to £2.83bn in 2022 with retail comparable store sales […]

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The UK’s Small & Midcap indices joined European indices in a strong rally with the FTSE 250 trading up 1% to 20,121 and the AIM All-Share index up 0.6% to 961.6 on Tuesday. FTSE 250 ContourGlobal shares skyrocketed 32.5% to 256p after the group agreed to a £1.75bn takeover bid from Kohlberg Kravis Roberts & […]

The post Small & Midcap Roundup: ContourGlobal, TI Fluid System, Corcel, Kinovo appeared first on UK Investor Magazine.

Vodafone Group announced a fall in annual pretax profit but saw revenue rise in its preliminary results on Tuesday. Vodafone Group recorded a 4% increase in total revenue from €43.8bn to €45.6bn as a result of contributions from equipment revenue and growth in Europe and Africa. The group said adjusted EBITDA rose by 5% from […]

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Osirium Technologies shares rose 6.5% to 8.25p after the group announced that it signed its first customer in the US through one of its channel partners on Monday. Osirium’s Privileged Access Management security software was picked by the new customer, a worldwide investment bank located in New York and listed on the New York Stock […]

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Imperial Brands announced higher interim dividends in its half-year results, however, the group noted a fall in operating profit owing to the charges from the exiting Russia on Tuesday morning sending Imperial Brands shares to gain 6.5% to 1,824p. Imperial Brands recorded a fall of 1.3% in reported net revenue from £15.6bn to £15.4bn in […]

The post Imperial Brands: Dividend up, profits down appeared first on UK Investor Magazine.

McDonald’s announced on Monday that the American fast-food chain has decided to exit the Russian market and has begun the course of action to sell off its Russian business after halting operations in March after Russia attacked Ukraine. McDonald’s has concluded that ongoing ownership of the firm in Russia is no longer feasible, and is […]

The post Mcdonald’s leaves Russia after 30 years appeared first on UK Investor Magazine.

Vast Resources soared as much as 54% on Monday after the group announced the the successful repayment to Atlas Special Opportunities through asset backed debt facility from A&T Investments Sarl amounting to $4m. Vast Resources shares have had a choppy time over the past two weeks as the London-based miner disclosed optimistic results, withdrew from […]

The post Vast Resources shares rally 54% on Atlas refinancing appeared first on UK Investor Magazine.

Vodafone Group gave a 9.8% stake to Emirates Telecommunications Group for $4.4bn over the weekend which sent Vodafone shares to rise 1.6% to 119.7p on Monday. Emirates Telecommunications Group’S subsidiary Atlas 2022 Holdings bought 2.8bn Vodafone shares for around $4.4bn while praising both the brand and the quality of its business. Vodafone Group appealed to […]

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FTSE 100 was largely flat on Monday trading as gains from telecom and mining shares helped lift the index which was being dragged by drops in Experian and some retailing stocks. China’s lockdowns have driven slowing growth this quarter and raised investors concerns about the health of the world’s second largest economy. China reported that […]

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Sirius Real Estate has agreed to sell a part of Bizspace Business Park in Camberwell, London, for £16m, the group said on Monday in an announcement. Sirius Real Estate stated the sale of the asset in London for £16m representing a NIY of 2%. The deal is expected to reach the finish line in July […]

The post Sirius Real Estate disposes portion of Bizspace for £16m appeared first on UK Investor Magazine.

Greencoat UK Wind announced the agreement with Global Infrastructure Partners for the acquisition of a net 12.5% stake in Hornsea 1 offshore wind farm for a total cash consideration of roughly £400m on Monday Greencoat UK Wind is a leading renewable infrastructure fund listed on the FTSE250 which invests in UK wind farms. The group […]

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LondonMetric Property announced the sale of 4 long income and leisure assets in separate transactions for £34.2m, reflecting a blended NIY of 4.1%, on Monday. The sale price of the 4 assets combined represents a 25bps of yield compression as the price has appreciated 35% from LondonMetric’s 30 September 2021 book value. The 4 properties […]

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Greggs stated in its latest announcement that the Board expects the forecasts for 2022 to remain unchanged, however, the group did voice its concerns regarding inflationary pressure impacting its input costs and current market conditions drying out its customers’ pockets. Greggs, the bakery chain, recorded a 27% increase in like-for-like (LFF) sales in company-managed shops […]

The post Greggs expects costs to rise in 2022 appeared first on UK Investor Magazine.

Plus500 announced “very strong” trading in its second-quarter update on Monday where the group said the forecast for 2022 will beat market expectations leading Plus500 shares to gain 3.2% to 1,556p. Plus500 is an online trading platform which noted a pretax profit of $386m and revenue of $719m in 2021. Plus500 said that current market […]

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The UK’s small and mid caps rebounded on Friday as equities clawed back some of the losses incurred this week caused by concerns over growth and tightening monetary policy. Bridgepoint shares jumped 10% to 281p after the group reported that all motions were passed with majority votes in its latest annual general meeting. ConvaTec shares […]

The post Small & Midcap Roundup: Bridgepoint, Vietnam Enterprise Inv., Griffin Mining, Vast Resources appeared first on UK Investor Magazine.

Elon Musk has hit the pause button on his $44bn Twitter deal until the tech mogul gets more information about fake and spam accounts on the social network platform hurting Twitter shares on Friday. Twitter reported less than 5% of users on its platform are fake and spam accounts in a filing from early May. […]

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Neometals announced on Friday that its battery recycling joint venture has inked a collaboration agreement with Licular, a recycling subsidiary of Mercedes-Benz AG, to use Primobius as the technology partner. The arrangement comes after both firms announced in March that Primobius, a joint venture between Neometals and SMS Group, will be their technology partner for […]

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ContourGlobal announced the a rise in adjusted EBITDA despite the power generation company noting higher payouts to shareholders in its first-quarter trading update on Friday. ContourGlobal recorded a 52.6% rise in revenue from $427m to $652m in the first quarter of 2022, however, the group noted a 10.1% decline in net profit from $9m to […]

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First Property Group has negotiated leases for 2,691m2 of its office building in Gdynia, Poland, accounting for 20% of the net internal area (NIA) said the property fund manager in an announcement on Friday. Due to lockdowns in the pandemic, the property was 98% vacant which impacted the write-down in March 2021 and resulted in […]

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Fulcrum Utility Services announced in its trading update in which it noted the adverse market conditions of the UK energy market and reported a severe impact on its profits, leading to Fulcrum Utility shares to crater 27% to 6.75p on Friday. Fulcrum Utility, the provider of essential utility services arranged a fundraise in December 2021 […]

The post Fulcrum Utility: UK energy market hurts group’s profits appeared first on UK Investor Magazine.

Coca-Cola HBC reported its first quarter trading update on Thursday where the group noted an increase of 24% in net sales revenue on an organic basis and a 31% rise in volumes on a reported basis as the group managed inflationary pressures and manufacturing suspensions in Russian and Ukraine which sent shares to gain 5% […]

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Vast Resources is a mining and development company listed on London’s Aim that mines copper, gold, polymetallic ores in Zimbabwe and Romania. Vast Resources has projects in both Zimbabwe and Romania such as Chiadzwa Diamond Fields located in Marange, Baita Plai and Manaila-Carlibaba facility which we will discuss in-depth later in the article. In late April, […]

The post Why Vast Resources shares could be set to explode higher appeared first on UK Investor Magazine.

Global stock markets were rocked on Thursday as the growing threat of inflation and slow growth sent equities deep into the red. The FTSE 100 as sank over 2% as UK GDP fell by 0.1% in March, raising fears of a global recession after US GDP contracted 0.4% in the first quarter. “The FTSE 100 […]

The post FTSE 100 slumps as UK economy shrinks 0.1% in March appeared first on UK Investor Magazine.

BP announced the submission of a bid for two offshore wind leases in the Netherlands which have a combined producing capacity of 1.4GW. on Thursday morning. BP’s bids complement BP’s vast and transformative goals for a range of additional integrated clean energy investments in the Netherlands, using the company’s diverse businesses and expertise to underpin […]

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BT Group addressed a sports broadcasting joint venture with Warner Bros Discovery and noted a 9% rise in annual pretax profit in its full-year results earlier today. BT Group reported a 2% decline in revenue to £20.85bn from £21.33bn as revenue growth from its Openreach business was offset by a fall in Enterprise and Global, […]

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Rolls Royce (RR) stated that its trading has been in line with expectations since the start of 2022 and said there is no change in its guidance for the rest of the year, in a trading update on Thursday. Rolls Royce forecasts “positive momentum” in its FY22 performance regardless of the constraints and “macroeconomic uncertainties”, […]

The post Rolls Royce expects growth in Civil Aerospace appeared first on UK Investor Magazine.

Mid and Small cap momentum continued from Tuesday with the FTSE 250 and AIM trading up 0.8% to 19,548 and 952, respectively, as investors continued to buy into the heavily over-sold indices. CLS Holdings shares rose 7.3% to 206.5p as the REIT announced that it will maintain a progressive dividend policy, with a dividend cover […]

The post Small & Midcap Roundup: Tui, Marshalls, Trafalgar Property, Ilika appeared first on UK Investor Magazine.

ITV announced a 23% rise in total ITV Studios revenue to £458m and an 18% increase in total external revenue in its latest quarterly update on Wednesday due to a vast array of new and returning programmes. ITV reported total external revenue rose 18% from £709m to £834m in the first quarter with ITV Studios […]

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Spirax-Sarco said in its latest trading update that its organic sale growth is in line with expectations, its strong order book and that the group’s industrial production growth (IP) remains unchanged for the full year, despite strong headwinds on Wednesday. Spirax-Sarco Engineering is a thermal energy and pumping specialist and in its Q1 trading update, […]

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Eurasia Mining is a London-listed Russian-focused company that mines palladium, platinum, rhodium, iridium and gold. Although the company has said they have not been impacted by the different sanctions imposed since the start of 2022, Eurasia shares have cratered 68% to 7.7p. The company has a number of projects in Russia including the Kola Battery […]

The post Is it time to buy Eurasia Mining? appeared first on UK Investor Magazine.

Managers of MIGO Opportunities Trust, Nick Greenwood and Charlotte Cuthbertson presented the MIGO Opportunities Trust at the UK Investor Magazine Investment Trust Conference in early May. MIGO is a ‘trust of trusts’ investing in Investment Trusts they feel are unfairly discounted to the NAV. During the presentation, Charlotte and Nick discuss the trust’s investment strategy […]

The post Capturing deep discounts with the MIGO Opportunities ‘trust of trusts’ appeared first on UK Investor Magazine.

The FTSE 100 rebounded on Tuesday after sharp sell-offs on Monday sparked by recession fears as the prospect of additional interest rates hurt sentiment, along with lockdown hindering China’s economy and hampering the manufacturing sector. Energy, banking, mining, and consumer staple stocks helped lift the FTSE 100 on Tuesday as retailers continued to suffer following […]

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Consumer spending has been slowed by the UK’s rising cost of living and last month’s record spike in household energy bills. In April, total retail sales in the UK decreased by 0.3% as economic conditions worsened for consumers. The British Retail Consortium pointed to reduction in the sales of items such as electronics, furniture, and […]

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Melrose Industries announced in its trading update for Q1 that its trading is in line with expectations which helped shares gain 4.4% to 112p in early morning trade on Tuesday. Melrose Industries buys and sells engineering companies. The group said that its trading has been consistent with the year’s forecasts in its latest trading update […]

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Spectris said on Tuesday that it signed a purchase agreement for the acquisition of Dytran Instruments for £66m, subject to regulatory approval, and expected to complete the deal by Q4 2022. Spectris, a maker of precise instruments, announced that it has agreed to buy Dytran Instruments for £66 million, valuing the company at 15.8 times […]

The post Spectris buys Dytran Instruments for £66m appeared first on UK Investor Magazine.

Future is a specialised media platform which has announced on Tuesday the acquisition of WhoWhatWear, a leading digital-only women’s lifestyle publisher based in the United States, from Clique Brands. With a strong online footprint and a variety of revenue streams spanning from digital advertising to eCommerce, WhoWhatWear is a brand that is well-liked by both […]

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Centrica announced that it has delivered a “strong operational performance” in its Q1 trading update for 2022 and anticipates EPS for the full year to be around the top end of analyst expectations said the group on Tuesday. The range of 2022 adjusted profits per share from 8 sell-side analyst projections issued since Centrica’s 2021 preliminary […]

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Bitcoin lost 3% to $33,256.3 on Monday in line with major equity indices across the globe, as the impact of monetary and fiscal policies invoke caution in investors. In addition, the war between Russia and Ukraine along with the growing pandemic in China have been hurting investor sentiments worldwide. As a result of investors fleeing […]

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Ideagen shares soared 46% to 355p after the group announced that it has agreed to a £1.06bn takeover offer by Rainforest Bidco, which is a company indirectly controlled by funds managed by Hg Pooled Management. HG Pooled will pay 350p per share for Ideagen, representing a 44% premium over the company’s closing price of 243p on […]

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London’s small and midcap markets were trading down on Monday after sanctions on Russia and lockdowns in China left investors wary of future market conditions. The FTSE 250 and AIM both fell 2% to 19,425 and 957, respectively in early afternoon trade on Monday. FTSE 250 Energean shares rose 4.5% to 1,363p after the group […]

The post Small & Midcap Roundup: Energean, Victrex, Ideagen, Water Intelligence appeared first on UK Investor Magazine.

Nostra Terra announced that its Grant East #1 well, in the Permian Basin, West Texas, has reached total depth (TD) which sent shares to rise 7% to 0.68p in early morning trade on Monday. Nostra Terra is a global oil and gas exploration and production business with production and development assets in Texas. The group announced […]

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Shaftesbury and Capital & Counties Properties’ (Capco) Boards of directors have taken note of recent news speculation and confirmed that they are in advanced talks over a possible all-share merger on Monday. Shaftesbury and Capital & Counties’ potential merger would result in a REIT centred on London’s West End, with a portfolio of 2.9m sqft […]

The post Shaftesbury confirms possible merger with Capco appeared first on UK Investor Magazine.

NCC Group announced the appointment of a new CEO, Mike Maddison, and provided a trading update, where the group expects revenue to be significantly better than H1 2022 and H2 2021, on Monday. NCC Group, a global cyber security firm announced the appointment of Mike Maddison as CEO, following Adam Palser’s decision to step down […]

The post NCC expects double-digit revenue growth in FY22 appeared first on UK Investor Magazine.

The main UK index slumped on Friday as the FTSE 100 was trading down 1% to 7,424 on the back of concerns over rising interest rates and surging inflation could damage economic growth. Oil prices rose 1.7%, bringing the price of a barrel of Brent crude to $112 and crossing the $110 mark after the […]

The post FTSE 100 sinks as investors fret about global growth, brokers upgrade Shell appeared first on UK Investor Magazine.

The Bank of England (BoE) raised its interest rates to 1% on Thursday. What does the future hold for Lloyds share price as interest rates increase? Lloyds is the largest mortgage lender in the United Kingdom and Lloyds share price has been erratic since the Bank of England decided to raise interest rates to combat […]

The post Lloyds shares set to rally on BOE’s interest rate move appeared first on UK Investor Magazine.

Fusion Antibodies announced its unaudited trading update on Friday where the specialists in pre-clinical antibody exploration noted a 14% increase in revenue and a decline in its cash position. With unaudited sales of £4.8m, indicating a 14% increase over FY2021’s £4.2m, revenue growth was supported in both H1 and H2 of FY2022 as opposed to […]

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Apax Global Alpha is an investment firm which announced on Friday that it will receive an increase to its multi-currency revolving credit facility (RCF) from Credit Suisse. Apax Global Alpha is a closed-end investment company that invests in a portfolio of private equity funds advised by Apax Partners LLP, a private equity firm. Apax Global […]

The post Apax Global Alpha ups RCF through Credit Suisse appeared first on UK Investor Magazine.

Spirent Communications confirmed its 2022 outlook on Friday, citing robust order growth in the first quarter in its first-quarter trading update. Spirent reported “good” revenue growth and an expanding order book, with a book-to-bill ratio of 112 for the quarter, up from 104 in 2021 due to progress made by the group in attempts to […]

The post Spirent says outlook remains unchanged for 2022 appeared first on UK Investor Magazine.

Halifax’s Housing Price Index (HPI), released today, confirmed record house prices, with monthly prices up 1.1% in April, marking it the 10th consecutive monthly rise in the longest run since 2016. The index found that the average house price hit a new high of £286,079 with a 1.1% rise in April, however, Halifax mentioned that […]

The post UK Housing prices rises for 10th consecutive month in April appeared first on UK Investor Magazine.

4imprint shares lept 11% to 2,710p after reporting an encouraging performance as a result of excellent demand in its Q1 trading update for 2022 earlier today. The group also added that the outlook for 2022 is exceeding analyst expectations. 4imprint said its total order counts in the major North American business were 11% higher from […]

The post 4imprint gains on outlook to beat market forecasts appeared first on UK Investor Magazine.

InterContinental Hotels announced a 61% rise in group revenue per available room (RevPAR) in the first quarter, however, noted tighter trading in the Greater China region due to Covid-19 restrictions, in the group’s trading update on Friday. InterContinental Hotels Group (IHG) reported strong trading circumstances, with travel demand continuing to rise in practically all of […]

The post InterContinental notes 61% increase in RevPAR appeared first on UK Investor Magazine.

UK Oil & Gas (UKOG), a majority shareholder of Horse Hill Developments and operator of the Horse Hill Oil Project in the Weald Basin in southern England received a production permit from the Environment Agency on Thursday which helped boost the company’s shares by 25% to 0.14p. UK Oil & Gas stated that the Environment […]

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Trainline announced a 222% jump in net ticket sales and 181% growth in revenue due to the ease of Covid-19 restrictions supporting the company which led the ticketing platform’s shares to rise 10% to 309p on Thursday. Trainline noted a 222% increase in group net ticket sales to £2.5bn in line with the group’s guided […]

The post Trainline: Outlook exceeds pre-covid era appeared first on UK Investor Magazine.

FTSE 250 gained 1.2% to 20,457 and the AIM was up 0.6% to 1,004 on Thursday as companies including Trainline and UK Oil & Gas supported the indices. Trainline shares flew 10.5% to 307p after the group reported a pre-tax loss of £15.5m from £106.8m in 2021. Trainline reported an increase in revenue from £67.1m […]

The post Small & Mid-Cap Roundup: Trainline, Virgin Money, Domino’s, UK Oil & Gas appeared first on UK Investor Magazine.

Reach announced strong strategic development and digital revenue growth amid a more competitive market, but shares dropped 20% to 127p in early afternoon trading on Thursday. Reach noted a decline in group revenue by 0.9% YoY as the war in Ukraine impacted advertiser demand. The group recorded a 9.3% YoY growth in digital revenue, whereas […]

The post Reach shares tank 20% as revenue falls appeared first on UK Investor Magazine.

Derwent London announced that it had exchanged a conditional contract to purchase the freehold of City Road Island EC1, which houses the Moorfields Eye Hospital and the University College London Institute of Ophthalmology for £239m on Thursday. Derwent London said that Moorfields Eye Hospital NHS Foundation Trust and UCL, as part of the Oriel joint […]

The post Derwent London to acquire City Road Island EC1 appeared first on UK Investor Magazine.

Playtech noted an excellent start to the year with unaudited Adjusted EBITDA greater than €100m in the first quarter of 2022 said the company in an announcement on Thursday, which led shares to rise 5.2% to 541p. Playtech’s excellent start to the current financial year has continued since the FY 2021 results were disclosed on […]

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The US Federal Reserve (Fed) announced the steepest increase in interest rates in over 20 years by raising its benchmark interest rate by 0.5 percentage points, in an effort to cool the country’s skyrocketing inflation. The Federal Reserve lifted its benchmark interest rate by 0.5 percentage points to a target rate range of 0.75% to […]

The post US sees sharpest hike in interest rates in 20 years appeared first on UK Investor Magazine.

BAE Systems announced its trading update on Thursday where the defence company reiterated that its full-year 2022 guidance is “unchanged”. BAE Systems noted £21.3bn in sales during 2021 and expects the group’s sales to grow 2-4% in 2022. The defence company reported an underlying EBIT of £2.2bn and an underlying EPS of 47.8p last year, […]

The post BAE Systems guidance remains “unchanged” appeared first on UK Investor Magazine.

GlaxoSmithKline shares were at a peak of 1,846p just before the pandemic began in January 2020, since then GSK had followed a downtrend up until March 2021. Economies around the world faced a slowdown in March 2021, which would explain the drop in GlaxoSmithKline shares as well. However, since then the GSK share price has […]

The post GlaxoSmithKline shares: the best FTSE 100 Pharma buy? appeared first on UK Investor Magazine.

FTSE 100 dropped 0.46% to 7,526 on Wednesday as news of plans for more sanctions from the EU to ban Russian oil make headlines in the attempt to slow down the war in Ukraine. Today, a spike in oil prices followed the EU’s announcement of plans to impose a six-month ban on Russian oil imports, […]

The post FTSE 100 drops as EU plans to ban Russia oil appeared first on UK Investor Magazine.

Coral Products acquired 100% of the share capital of Film & Foil Solutions from two private vendors for 3,000,000 which is to be paid in part payments, on Wednesday. Coral Products is a specialist in the design, manufacture and supply of plastic products, and has acquired the entire issued share capital of Film & Foil Solutions, a […]

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The Board of Directors reported at Wynnstay’s Annual General Meeting on March 22, 2022, that trading in the first four months of the new financial year was in line with management expectations across core activities, while fertiliser operations at Glasson continued to see significant one-off gains. This was due to dramatically rising fertiliser commodity prices, […]

The post Wynnstay in line with expectations in Q1 appeared first on UK Investor Magazine.

The EU plans to invoke further sanctions on Russian oil on Wednesday as worrying developments in the Russia-Ukraine war led to a major shift in the EU’s view of its dependence on Russian oil. The European Commission recommended a new set of sanctions targeting Russian oil exports, banks, state broadcasters, and army officers to add […]

The post EU plans to sanction Russian oil in major shift appeared first on UK Investor Magazine.

Wetherspoon announced its Q3 trading update on Wednesday where the group reported a 4% decline in like-for-like (LFL) sales, disclosed closures and disposals of pubs and announced the resignation of Su Cacioppo. Wetherspoon reported a 4% decrease in LFL sales compared to 2019, however, YTD sales fell 6.2% on an LFL basis. In the group’s […]

The post Wetherspoon notes improvements in LFL sales appeared first on UK Investor Magazine.

Flutter Entertainment stated that strong US momentum continues, while ex-US performance is in line with market expectations, resulting in revenue growth of 6%, led by ongoing recreational player momentum, with average monthly players up 15%, in its Q1 2022 trading update on Wednesday. Flutter Entertainment reported group revenue growth of 6% from £1.49bn to £1.57bn […]

The post Flutter Entertainment reports revenue up 6% appeared first on UK Investor Magazine.

The FTSE 250 and AIM were trading down 0.4% and 0.7% to 20,619 and 1015, respectively, as trading slowly resumed after investors return from the long weekend in the UK. FTSE 250 Energean shares rose 4.8% to 1,241p after the group announced that its subsidiary Energean Israel has signed a gas sales and purchase agreement […]

The post Small & MidCap Roundup: Energean, Wizz Air, Vast Resources, Hutchmed appeared first on UK Investor Magazine.

Inchcape announced the completed acqusition of the ITC Group and Simpson Motors on Tuesday. Inchcape, the world’s largest automobile distributor, has completed the acquisition of The ITC Group, which owns Interamericana Trading Corporation and Simpson Motors. With the acquisition, Inchcape increases its worldwide reach by entering the Caribbean, further strengthening its position in the Americas. […]

The post Inchcape acquires ITC Group and Simpson Motors appeared first on UK Investor Magazine.

BP shares gained 3% to 403p after the company announced a jump in underlying profits from $4.1bn to $6.2bn, despite reporting a loss of $20.4bn in its Q1 results on Tuesday. BP reported a loss of $20.4bn in its Q1 results compared to profits of $4.7bn in the fourth quarter of 2021, primarily due to […]

The post BP shares gain 3% despite loss of $20.4bn appeared first on UK Investor Magazine.

FTSE 100 gained Friday with strong corporate update and positive mining stocks offsetting the losses on the index from banking shares provoked by investor concerns over the Bank of England’s meeting next week. The Ukraine conflict, China’s COVID restrictions, and rising inflation have all weighed on the global economy, causing uncertainty ahead of the Bank […]

The post FTSE 100 grinds out weekly gain on strong corporate results appeared first on UK Investor Magazine.

Sovereign Metals announced its Q1 2022 report on Friday where the company said their recent Mineral Resource Estimate (MRE) upgrade confirmed Kasiya in Malawi is the largest rutile deposit ever discovered, Sovereign Metals shares rose as much as 4% on Friday following the release of their Q1 update. Kasiya is now a Tier 1 mineral […]

The post Sovereign Metals marks largest titanium rutile deposit ever discovered in Q1 appeared first on UK Investor Magazine.

Travis Perkins announced its Q1 trading update on Friday where the group said its recorded an encouraging first quarter which reflects the group’s strategic progress and voiced its concerns regarding material inflation resulting in an uncertain outlook for 2022. Travis Perkins reported total sales for the first quarter of 2022 were 13.6% higher than in 2021, indicating […]

The post Travis Perkins says outlook uncertain due to inflation appeared first on UK Investor Magazine.

Computacenter shares dipped 4.2% to 2,623p despite the company announcing that its top-line grew strongly in the first quarter of 2022 on Friday. Computacenter saw its top line grow strongly in the first quarter of 2022, as planned, but adjusted profit before tax grew more modestly, owing to one extremely large volume customer diluting our […]

The post Computacenter shares dip 4% despite top-line growth appeared first on UK Investor Magazine.

Pearson continued the momentum with underlying sales growth of 7% in the first quarter of 2022 and acquired Mondly in English Language Learning said the group on Friday. Pearson reported an underlying sales growth of 7% in the first quarter of 2022 with Sales of Assessment & Qualifications contributing 22%. The group’s Sales of Assessments & […]

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Simec Atlantis Energy (SAE) announced on Thursday that its Uskmouth site is transitioning into a sustainable energy park, leading the group’s shares to soar 15% to 2.65p. SAE said that the Uskmouth site’s transformation into a sustainable energy park includes plans to provide a Battery Energy Storage System as a first step (BESS). The Uskmouth […]

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The US Commerce Department said on Thursday that US GDP fell by 1.4% on an annualised basis in the first quarter, indicating a sharp reverse for an economy due to a rebound in Covid-19 cases which interrupted activity. The first quarter of US economic growth unexpectedly decreased by 1.4% as a rebound of COVID-19 cases […]

The post US GDP faces unexpected contraction of 1.4% appeared first on UK Investor Magazine.

London’s small and mid cap markets gained in early afternoon trade on Thursday as companies such as Lancashire Holdings, 888 and Hurricane Energy shared trading updates and results. FTSE 250 Lancashire Holdings jumped 13% to 450p as the insurer said gross written premiums in the first quarter of 2022 rose 35% from 2021 to $477.9m. […]

The post Small & Midcap Roundup: 888, Lancashire Holdings, Simec Atlantis Energy, Hurricane Energy appeared first on UK Investor Magazine.

Unilever announced that its facing inflationary pressure resulting in the group predicting that costs will be higher than expected in H2 2022 and may hamper annual margins on Thursday. Unilever’s revenue climbed 11.8% year over year to €13.8bn from €12.33bn in the first quarter of 2022 as currency had a positive impact of 3.5% and […]

The post Unilever warns investors of rising costs in H2 2022 appeared first on UK Investor Magazine.

Standard Chartered raised its annual income growth outlook as a result of improving margins reported in its first-quarter results which led the bank’s shares to gain 14% to 546p on Thursday. Standard Chartered’s net interest income rose 8% to $1.79bn from $1.66bn, while other income was 10% higher at $2.5bn from $2.28bn in the first […]

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Primary Health Properties announced its Q1 2022 Trading Update on Wednesday where the company addressed its Net Zero Carbon Framework and its increase in rental income from its robust pipeline. Primary Health Properties made significant progress in turning the year-end pipeline into committed agreements, and it has already announced the £34.5m purchase of a huge, state-of-the-art diagnostic […]

The post Primary Health Properties says rental income up in Q1 appeared first on UK Investor Magazine.

Tritax Eurobox and Nordic developer MIGS acquire 95,000sqm of development land for €21.4m in Malmo and set out to create Tritax’s first speculative development project announced the company on Wednesday. Tritax EuroBox is a REIT which invests in high-quality, premium logistics real estate across continental Europe. It has engaged in a speculative development project with […]

The post Tritax Eurobox and MIGS acquire land for €21.4m appeared first on UK Investor Magazine.

Shaftesbury announced that the portfolio valuation of the Real Estate Investment Trust was £3.26bn in its latest portfolio update on Wednesday compared to the £3.01bn in September 2021. Shaftesbury is a Real Estate Investment Trust that owns a 16-acre portfolio in London’s West End. The wholly-owned portfolio’s indicated external valuation was £3.26bn on March 31, […]

The post Shaftesbury: Portfolio valuation is £3.2bn appeared first on UK Investor Magazine.

LondonMetric Property announced the acquisition of two urban logistics properties for £28.8m which are expected to generate £1.4m per year in rent on Wednesday. LondonMetric paid £28.8 million for two urban logistics properties in separate transactions, implying a blended return of 4.5% and a reversionary yield of 5.0%. One of the properties is a 125,000sqft […]

The post LondonMetric acquires 2 properties for £29m appeared first on UK Investor Magazine.

On Wednesday, Moscow cut off gas supplies to Poland and Bulgaria as the countries refused to breach sanctions imposed by the West on Russia for invading Ukraine. Germany also confirmed that was on its way to cutting its dependence on Russian gas supplies. Russia cuts gas In a huge escalation of Russia’s broader fight with […]

The post Russia turns the gas tap off for Poland and Bulgaria appeared first on UK Investor Magazine.

Computacenter announced that it aims to be Carbon Neutral in 2022 for Scope 1 and 2 emissions which is 5 years ahead of schedule on Wednesday. Computacenter is a technology transformation company that has declared that it will achieve carbon neutrality for Scope 1 and 2 emissions in 2022, five years ahead of schedule. Despite […]

The post Computacenter aims to be Carbon Neutral in 2022 appeared first on UK Investor Magazine.

FTSE 100 edged up 0.8% to 7,445 on Wednesday with support from mining and banking stocks such as Fresnillo and Lloyds. The FTSE 100 was lifted on Wednesday by various trading updates for companies like Fresnillo, WPP, Lloyds Banking Group and London Stock Exchange Group. “On the UK stock market, higher commodity prices saw miners […]

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GlaxoSmithKline reported a 32% rise in revenue in Q1 and noted higher quarterly profit as it announced it is on track to demerge and list its consumer healthcare arm Haleon on Wednesday. In the first quarter of 2022, GlaxoSmithKline recorded a 32% increase in revenue to £9.7bn with Commercial Operations contributing £7.1bn. Specialty Medicines recorded […]

The post GlaxoSmithKline reports 32% revenue growth in Q1 appeared first on UK Investor Magazine.

WPP reported revenue less pass-through costs increased 9.5% to £2.57bn on a like to like basis in Q1 2022, leading the company to increase its expectation of full-year growth from “around 5%” to 5.5%-6.5%. The advertising and marketing firm reported a rise in revenue of 8.1% on an LFL basis to £3.09bn. WPP Top 5 […]

The post WPP raises full-year growth expectations by 1% appeared first on UK Investor Magazine.

AstraZeneca announced on Wednesday that Enhertu was granted Breakthrough Therapy Designation in the US for patients with HER2-low metastatic breast cancer. AstraZeneca and Daiichi Sankyo collaborated to create Enhertu, which has received Breakthrough Therapy Designation in the United States for the treatment of adult patients with unresectable or metastatic HER2-low breast cancer who have received prior […]

The post AstraZeneca granted another BTD for Enhertu appeared first on UK Investor Magazine.

AstraZeneca shares AstraZeneca shares have been in an uptrend since March 2021, with the pharmaceutical company constantly performing and innovating to meet market needs with Covid vaccines along with an array of medicinal treatments for rare diseases, cancer and respiratory problems. The question is, after such a strong rise in the AstraZeneca share price, is […]

The post Are AstraZeneca shares set for all-time record highs? appeared first on UK Investor Magazine.

The Office for National Statistics announced the latest figures associated with public finance on Tuesday where the organisation highlighted that though government borrowings have more than halved in the past year, it remains high. According to the latest reported statistics, government borrowing more than halved in 2021, but remained the third largest on record, owing […]

The post UK Government borrowings reduced but still high appeared first on UK Investor Magazine.

FTSE 250 was trading up 0.6% to 20,726 whereas the AIM market was trading down marginally by 0.1% to 1,031 on Tuesday. National Express shares soared 10% to 247p as the transport company reported in its latest trading update that its revenues climbed 30% and have jumped back to pre-covid times. Hochschild Mining shares rose […]

The post Small & Mid Cap Roundup: National Express, IWG, Northcoders, Origo Partners appeared first on UK Investor Magazine.

Diversified Energy has acquired several upstream assets and associated infrastructure in East Texas from a private seller announced the company on Tuesday. The news of Diversified Energy’s acquisition has helped increase its share price by 1.4% to 115p on Tuesday. The acquisition builds on Diversified’s plans to enter the Central Region in 2021 and accelerates […]

The post Diversified Energy acquires East Texas assets appeared first on UK Investor Magazine.

Schroders said on Tuesday that its Board of Directors is announcing proposals for the enfranchisement of non-voting Ordinary Shares by simplifying its dual share structure. The move by Schroder and its Board will provide all shareholders with the same voting rights because they share the same economic gains and dangers and it will also boost the shares’ […]

The post Schroders simplifies dual share structure appeared first on UK Investor Magazine.

Mind Gym announced a trading update for its financial year ended 31 March 2022 on Monday where it said its core business has returned to pre-Covid levels, resulting in a strong performance in line with the board’s expectations. The group also announced that the adjusted pretax profit for the year meets the board’s expectations. For […]

The post Mind Gym meets board expectations in Q1 appeared first on UK Investor Magazine.

Global podcast company, Audioboom, announced a 125% rise in its 2021 revenue to $60m due to “continued growth” in the US podcast market on Monday. Audioboom’s revenue rose by 125% to $60.3m from $26.8m in 2020 out of which 96% of group revenue was generated from the continued growth in the United States and its […]

The post Audioboom reports revenue rose by 125% appeared first on UK Investor Magazine.

According to recent data from the Office for National Statistics, over nine out of ten adults feel their cost of living has increased, up from 62% in November last year. Compared to 2021, 23% of people stated it was “difficult or extremely difficult” to pay their regular household costs in March. This is an increase […]

The post Cost of living rise felt in 9 out of 10 UK adults appeared first on UK Investor Magazine.

FTSE 100 over fell over 2% in early trade on Monday after Covid lockdown fears in China led to big sell-offs in Asia and stoking fears of further inflationary pressure and supply chain problems. China has been battling the rise of the pandemic with severe lockdown measures resulting in a decline in oil and metal […]

The post FTSE 100 drops 2% as Asian markets spiral appeared first on UK Investor Magazine.

Anglo American is facing setbacks regarding its Los Bronces project permits in Chile announced the company on Monday. Anglo American is conducting an environmental study for its Los Bronces Integrated Project. Anglo American’s Los Bronces Integrated Project began in 2019 and is a mine life extension project that expands the current open pit at Los […]

The post Anglo American: Los Bronces project permit delays appeared first on UK Investor Magazine.

ZOO Digital raised its performance expectations for 2022 in its pre-close trading update for the financial year ending 31 March 2022, where it expected revenue to be $70m compared to the previously announced $65m on Monday. ZOO Digital announced in March that revenue was expected to be at least $65m and EBITDA at least $6.5m. […]

The post Zoo Digital raises expectations for 2022 appeared first on UK Investor Magazine.

British Land said it sold 75% of its stake in the Paddington Central assets to GIC for £694m on Monday. British Land completed the sale of 75% interest in the majority of its Paddington Central assets to GIC. This transaction creates a new joint venture in which GIC and British Land share 75:25 ownership where […]

The post British Land sells 75% of Paddington Central appeared first on UK Investor Magazine.

The FTSE 250 and AIM dropped on Friday erasing the weeks gains with retail stocks taking a hit today as retail sales slumped 1.4% in March, however, companies including as Homeserve, Vivo Energy, WH Smith and Moonpig provided support for the small and mid cap markets. Homeserve boosted the FTSE 250 when its shares soared […]

The post Small & Mid Cap Roundup: Homeserve, Ferrexpo, XP Factory, Vivo Energy appeared first on UK Investor Magazine.

Elon Musk has secured $46.5bn in financing for a potential hostile takeover of Twitter, with Musk contributing $21bn of his funds as part of the deal. Elon Musk has managed to obtain $46.5bn to fund the potential hostile takeover of Twitter. Elon Musk is also obtaining an additional $12.5bn for the offer through a margin […]

The post Elon Musk secures $46.5bn for Twitter takeover appeared first on UK Investor Magazine.

XP Factory shares gained 6.78% to 31.5p after the company announced new site openings since it acquired Boom Battle Bar in November 2021. The XP Factory has made great progress, including completing the Boom integration, growing its UK base, and expanding the site pipeline. The Boom estate consisted of one owner-operated site and six franchise […]

The post XP Factory shares up 7% with Boom integration appeared first on UK Investor Magazine.

LXi REIT announced the disposal of Premier Inn anchored property and acquisition of M&S Simply Food store and an MKM trade unit on Friday morning. LXi REIT is focused on the gradual growth of the company through “accretive acquisitions” such as the M&S Simply Food store and “profitable disposals” such as the Premier Inn anchored […]

The post LXi REIT updates property portfolio appeared first on UK Investor Magazine.

THG reported its annual earnings today and announced that it is receiving “numerous” takeover proposals over the last few weeks. The good start to 2022 has helped the E-commerce retailer’s shares gain 15% to 108p on Thursday after seeing a 50% decrease in share price YTD. THG debuted on the London Stock Exchange in September […]

The post THG rejects takeover bids and shares fly 15% appeared first on UK Investor Magazine.

Card Factory announced earlier on Thursday that it has successfully completed a refinancing which removed a commitment to raise funds, leading to the 28% jump in the UK’s largest specialised retailer of greeting cards’ shares to 57p. Card Factory has reached an agreement with its current banking syndicate on refinancing conditions. The company has made […]

The post Card Factory shares jump 28% on refinancing news appeared first on UK Investor Magazine.

FTSE 100 was trading marginally down on Thursday with mining companies’ underwhelming updates dragging the index down. Mining stocks were the FTSE 100 biggest fallers Thursday after Anglo American and Antofagasta provided updates on a Covid interrupted the first quarter of 2022. Despite broad weakness in mining companies, the FTSE 100 was trading mostly flat as […]

The post FTSE 100 dragged by weaker miners appeared first on UK Investor Magazine.

Ibstock announced Q1 2022 performance is ahead of expectations whilst curbing inflationary pressure early on Thursday which boosted the brickmaker’s shares 7.5% to 179p. Ibstock released full-year results for 2021 in March 2022 which were reportedly strong. The momentum from those results has carried on to the Q1 trading update on Thursday for the group. Ibstock noted in […]

The post Ibstock curbs inflation leading shares to gain 7.5% appeared first on UK Investor Magazine.

On Thursday, pest control provider, Rentokil noted continued momentum in its Q1 2022 results with revenues reaching £721m. Rentokil generated an ongoing revenue of £721m in Q1 of 2022, seeing a 1.8% CER growth. Rentokil’s Pest Control segment reported organic growth of 5.5% in the first quarter of 2022, with all regions showing positive growth. […]

The post Rentokil records £721m in revenues in Q1 appeared first on UK Investor Magazine.

Aerospace, defence and energy company, Meggitt announced a trading update for the first quarter of 2022, where the company noted a 116% rise in civil orders on Thursday. Meggitt recorded original equipment up 54% and aftermarket up 176%, including a good performance from braking systems across large, regional, and business aircraft in Q1 2022.  The […]

The post Meggitt: Civil orders rise 116% in Q1 appeared first on UK Investor Magazine.

Credit Suisse Group expects to see losses in the first quarter of 2022 as a result of increased legal provisions, slower commercial activity, and the consequences of Russia’s invasion of Ukraine announced the Swiss bank on Wednesday. The bank is still recovering from billions in losses in 2021, which led to a top-level management shake-up, […]

The post Credit Suisse forecasts losses in Q1 appeared first on UK Investor Magazine.

Hikma Pharmaceuticals, a multinational pharmaceutical company, announced on Wednesday that it has received preliminary approval from the US Federal Trade Commission (FTC). The company will now work to complete its previously announced acquisition of Custopharm from Water Street Healthcare Partners on September 27, 2021. The parties have now received all necessary regulatory approvals to complete […]

The post Hikma receives approval from FTC appeared first on UK Investor Magazine.

Shell shares have enjoyed solid gains over the past 12 months with macro-economic pressures providing an ideal environment for earnings growth. Since February 2022, sanctions and bans on Russian oil supply along have provided energy stocks with higher oil prices and expectations of higher earnings. This was a welcome relief to oil firms after the […]

The post Will the Shell share price keep rising and rising? appeared first on UK Investor Magazine.

FTSE 250 was trading down 0.13% to 20,935 as the AIM all share index traded flat at 0.05% to 1,005 as the UK’s small and mid cap markets traded sideways. QinetiQ shares rose 3% to 347p as the defence technology firm reported its Q4 2021 results and said that it expects annual results to beat […]

The post Small & Mid Cap Roundup: QinetiQ, Centamin, Bion, Mosman Oil and Gas appeared first on UK Investor Magazine.

A security solutions company, Eckoh announced a 5-year contract renewal with Capita worth £2.1m on Wednesday. Eckoh is pleased to report that its contract with Capita for a big public sector organisation has been renewed. The primary goal of Capita’s service to its clients is to maximise the amount of money collected from the general […]

The post Eckoh renews 5-year contract with Capita appeared first on UK Investor Magazine.

Petropavlovsk released an announcement on Wednesday regarding the repayment of $300m to Gazprombank (GBP) which sent its shares tumbling 25% to 1.57p in early morning trade. Russian gold miner Petropavlovsk has seen turbulent times especially due to its exposure and association with GPB due to the Russian invasion of Ukraine. GPB is on the UK […]

The post Petropavlovsk shares fall 25% as Gazprombank prompts $300m repayment appeared first on UK Investor Magazine.

Bunzl is a specialist international distribution and services group that recorded a 13.2% rise in revenue on Wednesday when the company announced its Q1 2022 results. The distribution and services group noted the group’s revenue rose 13.2% at constant exchange rates and 12.5% at real exchange rates in Q1 2022 as a result of its […]

The post Bunzl sees revenue climb 13% in Q1 appeared first on UK Investor Magazine.

Velocys, a sustainable fuels technology business, signed a deal with a European renewable fuels developer on Tuesday to provide preliminary engineering services for a project that is still in the planning stages. While the revenue for this stage of the project is negligible and the project’s progression to material revenues is yet to be determined, […]

The post Velocys advances sustainable fuels tech appeared first on UK Investor Magazine.

Gateley, a legal and professional services firm, announced on Tuesday that it has reached an agreement with the Bank of Scotland and HSBC UK for a new revolving credit facility amounting to £30m. Gateley’s new revolving credit facility provides £30 million in committed funding between the Bank of Scotland and HSBC UK until April 2025. […]

The post Gateley secures revolving credit facility for £30m appeared first on UK Investor Magazine.

Leading global manufacturer of utility-grade energy storage, Invinity Energy Systems received 3 certifications from International Organization for Standardization (ISO) on Tuesday morning. Following an exhaustive audit process conducted by top global assurance provider SAI-Global, Invinity Energy Systems has been certified as complying with ISO standards for Quality Management (ISO 9001), Environmental Management (ISO 14001), and […]

The post Invinity Receives 3 ISO Certifications appeared first on UK Investor Magazine.

FTSE 100 fell 0.4% to 7,586 after a long Easter weekend with pharma and retail shares dragging the index down leaving “little to excite investors” according to Russ Mould, Investment Director, AJ Bell. Commodity stocks provided some support for the index despite Brent crude falling 1% to $112 a barrel on Tuesday, shaking off concerns […]

The post FTSE 100 dips after Easter bank holiday appeared first on UK Investor Magazine.

The E-commerce company, Ascential has signed an agreement to acquire Sellics which is a media execution service provider to challenger brands trading on Amazon, on Tuesday. Sellics will be incorporated with Ascential’s Digital Commerce business unit’s challenger brand expert Perpetua, leveraging its scaled platform to greatly increase penetration of the European market for this fast-growing […]

The post Sellics signs agreement with Ascential appeared first on UK Investor Magazine.

AstraZeneca and Daiichi Sankyo announced that in the United States, Enhertu was granted Priority Review for patients with HER2-mutant metastatic non-small cell lung cancer who had previously been treated. The supplemental Biologics License Application (sBLA) for Enhertu (trastuzumab deruxtecan) for the treatment of adult patients in the United States with unresectable or metastatic non-small cell […]

The post AstraZeneca’s Enhertu granted ‘Priority Review’ appeared first on UK Investor Magazine.

The education publisher, Pearson announced on Tuesday that the company’s Online Program Management (OPM) partnership with Arizona State University (ASU) will come to an end in June 2023. The group reiterated the existing financial guidance remains unaltered. The groundbreaking partnership between Pearson and ASU has helped the university improve and extend its online learning offerings […]

The post Pearson’s partnership with Arizona State to end appeared first on UK Investor Magazine.

Pires Investments, a technology investment firm announced that Pluto Digital, one of its investments, has recently completed its audited accounts on Thursday morning. The accounts have been completely audited and are valid till September 30, 2021. Pluto’s net assets have increased by around £30m since March 2021, when the company raised £31m in additional funding. As […]

The post Pires Investments: Pluto Digital completes audited accounts appeared first on UK Investor Magazine.

Poolbeg Pharma, a clinical-stage infectious illness pharmaceutical company updated its intellectual property (IP) for POLB 002, a first-in-class, intranasally delivered RNA-based immunotherapy for respiratory viral infections on Thursday. Poolbeg was granted an exclusive licence for the dual antiviral prophylactic and therapeutic candidate, POLB 002, in January 2022. It may provide pan-viral protection against respiratory virus infections such […]

The post Poolbeg Pharma updates POLB 002 appeared first on UK Investor Magazine.

The FTSE 250 and the AIM all-share index remained flat on Thursday with the FTSE 250 marginally down 0.02% to 20,979 and the AIM up 0.05% to 1,057. Movements across oil and gas companies counterbalanced each other whereas airline companies such as Wizz Air and EasyJet helped lift the FTSE 250. The budget airline, Wizz […]

The post Small & Mid Cap Roundup: Wizz Air, Hays, Dunelm, Sound Energy appeared first on UK Investor Magazine.

Oil prices have been skyrocketing with geopolitical tensions on the rise. Countries have come together to combat the hikes in oil prices due to high global demand. China’s lockdown aids this movement as the halt in production across its industrial sector slows down the country’s demand for oil, according to the International Energy Agency. China […]

The post Oil demand cushioned by China’s lockdown says IEA appeared first on UK Investor Magazine.

Healthcare facility investor, Primary Health Properties announced that it acquired Chiswick Medical Centre in London for £34.5m on Thursday. Primary Health Properties has completed the purchase of the Chiswick Medical Centre in London for £34.5m and the property is fully leased to HCA International Ltd for just under 20 years, with five annual compounded RPI […]

The post Primary Health Properties acquires Chiswick Medical Centre for £34.5m appeared first on UK Investor Magazine.

The Russian gold miner, Petropavlovsk has updated investors on its relations with Gazprombank and its corporate options earlier on Thursday which led shares to sink 20% to 2.3p. The Petropavlovsk Board of Directors announced an additional update on the implications for the group of Gazprombank’s (GPB) entry on the UK Sanctions List and its designation […]

The post Petropavlovsk’s shares fall 20% on Gazprombank update appeared first on UK Investor Magazine.

The tech company focusing on safety equipment, Halma announced the acquisition of Deep Trekker for roughly £36m on Thursday. Deep Trekker is a market-leading manufacturer of remotely driven underwater robots used for inspection, surveying, analysis, and maintenance, with headquarters in Ontario, Canada. Aquaculture, renewable energy, and ocean science and research are among the markets it […]

The post Halma acquires Deep Trekker for £36m appeared first on UK Investor Magazine.

A fertilizer development company, Gensource Potash announced the agreement to acquire 100% of the issued and outstanding shares of Innovare Technologies which is a software development solutions and services company, on Wednesday. The acquisition of Innovare’s shares by Gensource Potash will be accomplished through a reorganisation in which existing Innovare owners will transfer their shares […]

The post Gensource Potash acquires Innovare Technologies appeared first on UK Investor Magazine.

Nexo, a cryptocurrency lender, announced a partnership with Mastercard to produce the world’s first “crypto-backed” payment card called Nexo Card on Wednesday. Nexo, the world’s leading regulated institution for digital assets, today announced the launch of the Nexo Card, a first-of-its-kind crypto-backed Mastercard card, in a few European cities. Digital assets become more popular, it […]

The post Nexo partners with Mastercard for Nexo Card appeared first on UK Investor Magazine.

The FTSE 100 was broadly flat on Wednesday as investors accessed the possible impact of soaring prices after petrol sent UK inflation to a 30-year high. “This is now the sixth consecutive month of rising inflation, and the data tells a story of what millions are currently living – steeper bills on everything from petrol […]

The post FTSE 100 steady with investors adjusting to soaring inflation appeared first on UK Investor Magazine.

The value of rough diamonds sold by Anglo American for De Beers’ third sales cycle in 2022 amounted to $565m on a provisional basis announced Anglo American on Wednesday. Anglo American is a leading worldwide mining business that uses the newest technologies to explore new resources and to mine, process, move and market its products […]

The post Anglo American sells $565m worth of rough diamonds through De Beers appeared first on UK Investor Magazine.

The Board of Directors of Polymetal has decided to postpone the decision on the final dividend payment for 2021 due to geopolitical tensions announced by the Russian miner on Wednesday. The company’s latest announcement has led Polymetal shares to lose 4% to 255p further hurting the stock. The Russia Ukraine war has impacted Russian companies […]

The post Polymetal postpones 2021 final dividend payment appeared first on UK Investor Magazine.

The international engineering company Meggitt, announced the disposal of Meggitt A/S to CTS Ceramics Denmark A/S for a cash consideration of £59m on Wednesday. Meggitt has agreed to sell Meggitt A/S to CTS Ceramics Denmark A/S for £59m in cash, subject to net debt and working capital adjustments. Meggitt A/S produces high-performance piezoelectric ceramic components […]

The post Meggitt disposes Meggitt A/S for £59m appeared first on UK Investor Magazine.

Tortilla reported a transformational year on Monday with a 79.5% increase in revenue to a record £48.1m in 2021 compared to £26.8m in 2020 due to a strong performance across its venues as consumers begin to eat out again as restrictions ease. In 2021, Tortilla saw an 80% increase in revenues after the Mexican fast-food […]

The post Tortilla sees 80% increase in revenue appeared first on UK Investor Magazine.

Induction Healthcare announced a contract renewal with NHS England which secures £6.6m annual recurring revenues for Induction Attend Anywhere on Monday which sent shares flying 20% to 52.5p. Following the recent contract renewal across NHS England for remote consultation services in secondary care, Induction Attend Anywhere contracts have been successfully extended or renewed across 94% of existing […]

The post Induction Healthcare shares soar 20% after contract renewal with NHS England appeared first on UK Investor Magazine.

The industrial laser systems business, 600 Group along with other group companies have completed the sale of the Machine Tool Solutions division, for cash consideration of $21m after the conditions have been met on Monday. On March 7, 2022, 600 Group announced that it and other group companies had agreed to a conditional sale and […]

The post 600 Group completes sale of Machine Tool Solutions division for $21m appeared first on UK Investor Magazine.

Hygiene and decontamination company, REACT announced a new 3-year contract with a new customer in the education sector to perform ‘regular facilities maintenance cleaning’ on Monday. The three-year contract begins at the end of May 2022 and has a total value of £0.7m. The contract contains a mechanism for annual price hikes to account for […]

The post REACT announces new 3-year contract for £0.7m appeared first on UK Investor Magazine.

The FTSE 100 dropped 0.5% to 7,634 on Monday after the UK GDP growth missed economist estimates and grew at just 0.1% in February. Production costs have skyrocketed as a result of Russia’s invasion of Ukraine and supply chain concerns, with the prices of critical metals and computer chips in the tech industry pounding the manufacturing […]

The post FTSE 100 falls as UK GDP grows 0.1% appeared first on UK Investor Magazine.

The regionally focused specialised asset manager, Mercia Asset Management, with £948m in assets under management reported the release of £0.8m in ring-fenced cash profits from the sale of Faradion, as announced on 5 January 2022. In January, the company confirmed the completion of the sale of Faradion, a sustainable energy storage solution, for a total […]

The post Mercia Asset Management receives additional £6.5m from Faradion sale appeared first on UK Investor Magazine.

Media and consulting company, Ascential is still exploring the merits of controlled separation of certain group assets according to the company on Monday addressing media speculation about changes to the group’s structure. Ascential has taken note of recent media speculation about the group’s structure. Ascential’s Board members examine the best organisational and capital structure for the business […]

The post Ascential addresses changes to its structure appeared first on UK Investor Magazine.

SDCL Energy Efficiency Income Trust (SEEIT) completed the acquisition of 80% equity interest in Sociedade de Iniciativa e Aproveitamentos Florestais – Energia, S.A. (SIAF) in Mangualde, Portugal from Capwatt for around €22m on Monday. SEEIT announced in early February, the decision to acquire 80% equity interest in SIAF, the highly efficient operational biomass cogeneration plant, […]

The post SDCL Energy Efficiency Income Trust buys 80% equity interest in Sociedade de Iniciativa e Aproveitamentos Florestais appeared first on UK Investor Magazine.

The Weir Group completed the acquisition of Carriere Industrial Supply (CIS), a leading manufacturer and distributor of highly engineered wear parts as well as an aftermarket service provider to the Canadian mining market for £20m on Monday. Mining buckets and lip systems are among the company’s products, which assist customers to boost productivity by reducing downtime and […]

The post Weir Group acquires Carriere Industrial Supply appeared first on UK Investor Magazine.

Strong corporate updates helped the FTSE 250 and the AIM index finish the week on a positive note, adding to a reasonable week of gains in the UK’s small and mid caps markets. Travel shares enjoyed a positive session after airline regulators urged airline companies to set deliverable schedules in light of recent flight cancellations […]

The post Small & Mid Cap Roundup: Sensyne Health, EasyJet, Ferrexpo, CMC appeared first on UK Investor Magazine.

AffyXell Therapeutics, a joint venture between Avacta and Daewoong Pharmaceutical, has entered into a collaboration agreement with Biocytogen, a Chinese company specialising in developing new biological drugs, and the Korea Non-Clinical Technology Solution Center (KNTSC), according to Avacta Group, a clinical-stage oncology drug company. The partnership will focus on the development of new immunological illness […]

The post Avacta and Daewoong’s AffyXell Therapeutics enter into agreement with Biocytogen appeared first on UK Investor Magazine.

Journeo, a provider of IT services to the transportation industry, has signed a new framework agreement with First Bus UK, based on its SaaS platform and is expected to generate £9m in revenue. The contract, which is the group’s largest to date and will initially last for three years until March 2025 with the option to extend […]

The post Journeo announces new framework agreement with First Bus UK appeared first on UK Investor Magazine.

Oil and gas company, Oilex received Consent to Operate from the Gujarat Pollution Control Board allowing the company to resume production and gas sales through its Cambay Field in India. “The re-establishment of production from the Cambay gasfield has occurred soon after the Indian government announced that the price of domestic gas would more than […]

The post Oilex resumes production at Cambay Field appeared first on UK Investor Magazine.

The owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars, Nightcap said it will open The Cocktail Club in Birmingham later this year. Nightcap will open a flagship location at 31 Temple Street, Birmingham, B2 5DB, following the successful openings of The Cocktail Club venues in Reading and Bristol […]

The post Nightcap to open The Cocktail Club in Birmingham appeared first on UK Investor Magazine.

The immunodiagnostics group, Oncimmune Holdings’ shares boosted 7% to 135p after the company announced signing two new ImmunoINSIGHTS commercial contracts. The first agreement is to develop first-in-class cell immunotherapy for cancer patients using commercially available natural killer cells and CARNK cell products with a US-based clinical-stage bio-pharmacy company. Based on this agreement, Oncimmune will use […]

The post Oncimmune signs two ImmunoINSIGHTS contracts appeared first on UK Investor Magazine.

Ferrexpo reported the company’s production report for the first quarter of 2022 leading the iron ore miner’s shares to gain 8% to 181p in early morning trade on Friday. Ferrexpo had a total iron ore pellet output of 2.7m tonnes in the first quarter of 2022, down 11% from Q4 2021 due to operational and […]

The post Ferrexpo shares gain 8% on production update appeared first on UK Investor Magazine.

The oncology drug development consultancy, Physiomics signed on the Servier Group, an international pharmaceutical company headquartered in France, as a new client on Friday. Servier’s key therapy areas include cancer, with a particular emphasis on immunotherapies and monoclonal antibodies for difficult-to-treat diseases with significant unmet medical needs. Physiomics will use its Virtual Tumour software platform […]

The post Physiomics signs contract with Servier Group appeared first on UK Investor Magazine.

Greencoat Renewables announced the acquisition of 21MW Soliedra Wind Farm in Spain from Alfanar Global Development, bringing the company’s total installed capacity to 1,014MW on Thursday. This deal marks the renewable infrastructure company’s second renewable energy acquisition in Spain. The wind farm, which has been operating since May 2021, is located in Soria, Castilla y […]

The post Greencoat Renewables acquires 21MW Soliedra Wind Farm in Spain appeared first on UK Investor Magazine.

SEEEN closed the first quarter of 2022 by signing three more contracts as announced on Thursday driving the company’s shares to gain 7% to 15.5p. The company that provides a platform for video optimisation, SEEEN offers ‘proprietary technology products and services‘ to clients to help drive value to their videos assets. SEEEN’s video monetization technology […]

The post SEEEN shares gain 7% after signing 3 more contracts appeared first on UK Investor Magazine.

The technology innovator that delivers SaaS solutions, Access Intelligence signed several new contracts with companies such as Netflix and Nestle, according to its announcement on Thursday. At the time of Access’ January trading update, the group mentioned the success it made in its core business. Since the beginning of the financial year, new clients have continued to join the […]

The post Access Intelligence signs contracts with Netflix and Nestle appeared first on UK Investor Magazine.

Shell posted an updated outlook for Q1 trading highlighting a write-down between $4bn and $5bn as a result of its losses associated with Russia on Thursday. Following Moscow’s invasion of Ukraine, Western corporations such as Shell quickly withdrew from Russia, dissolving trading connections and winding down joint ventures leading to a rough start to 2022 […]

The post Shell reveals $5m write-down on Russia exit in Q1 update appeared first on UK Investor Magazine.

FTSE 100 lost 0.2% to 7,571 on Thursday as investors reacted to the latest comments from the Federal Reserve and a further sanctions on Russia. The negativity was evident across Europe with most major indices trading down on the day. “European markets started in fairly sober mood – with UK stocks no exception – unsurprising […]

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Capita, the digital services company, will continue to offer IT infrastructure and services under the contract extension with Northern Ireland’s Education Authority, which is worth £50.6 million and will run through March 31, 2024. Capita has been signed a two-year contract extension with Northern Ireland’s Education Authority to continue providing managed IT services to all 1,100 schools […]

The post Capita announces two-year contract extension for £50.6m appeared first on UK Investor Magazine.

The global sports betting and entertainment group Entain reported its results for Q1 2022 where it noted a net gaming revenue (NGR) up 31% as a result of retail sales gaining momentum. The return of retail has contributed to a strong start to the year, with group NGR up 31% in Q1 2022 compared to […]

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Specialist housebuilder, Inland Homes announced the completion of two land sales, the former Telephone Exchange in Staines and Phase 3 Gardiners Park Village in Basildon, on Wednesday. The proceeds generated from the sale of both the Telephone Exchange and Phase 3 Gardiners Park Village will be used towards reducing Inland Homes’ net debt which is […]

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Gaming Realms, a provider and licensor of mobile gaming material, said that its content was formally introduced in Ontario, Canada on April 4, 2022, the first day of the province’s regulated gaming market. Rush Street Interactive (BetRivers), Kindred, and BetMGM have launched seven games from Gaming Realms’ Slingo portfolio in Ontario. More of the company’s material is expected […]

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Cybersecurity solutions company, BrandShield has signed a contract with a major pharmaceutical firm on Wednesday. BrandShield Systems has announced the signing of a new deal with a major pharmaceutical manufacturer. The deal follows a period of continued sales growth and the signing of several new customers since the start of 2022. BrandShield will provide enhanced brand […]

The post BrandShield signs contract with leading pharmaceutical company appeared first on UK Investor Magazine.

Canadian Overseas Petroleum shares (COPL) have seen significant volatility over the past year as a result of mixed, and in some circumstances, disappointing updates. Canadian Overseas Petroleum and its joint venture Shorecan have projects in Converse County, Wyoming and sub-Saharan Africa. The company’s Wyoming operations are environmentally friendly due to its low gas flaring and methane […]

The post Are investors growing impatient with Canadian Overseas Petroleum? appeared first on UK Investor Magazine.

The FTSE 250 fell 1% to 21,104 on Wednesday alongside a 0.5% drop to 1,051 in the AIM as concerns over Russia sanctions and Fed rates triggered a wave of caution from investors. Moonpig shares sank 8% to 208p despite the company lifting annual revenue expectations to £300m yesterday as pandemic restrictions lowered across the […]

The post Small & Mid Cap Roundup: Tui, Osirium Technologies, Sosandar, IP Group appeared first on UK Investor Magazine.

With China’s financial centre still under lockdown, the Covid-19 outbreak in Shanghai is threatening to cripple the country’s economy and tug at the already overstretched global supply chains. On Wednesday, Shanghai announced a daily record high of 16,766 cases. Despite being low compared to international standards, this is China’s deadliest epidemic since the virus spread to Wuhan in […]

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The multinational tobacco company, Imperial Brands stated they are trading in line with its five-year strategy launched in 2021 on Wednesday. The news of increased market share and performance in line with the company’s five-year strategy encouraged investors, and the group shares lifted nearly 3% to 1,660p in early morning trade on Wednesday. Imperial’s top-five […]

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Diageo issued two series of fixed-rate euro-denominated bonds and two series of fixed-rate sterling-denominated bonds on Tuesday. Under its European Debt Issuance Program, Diageo, a global leader in beverage alcohol, launched and priced €1,650m in fixed-rate euro-denominated bonds and £900m in fixed-rate sterling-denominated bonds on Tuesday. The euro-denominated bonds will be issued by Diageo Capital […]

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A currency management solutions company, Alpha FX Group announced on Tuesday that it has recommenced its trading relationship with a key Norwegian client. As a result of the impact on the client from the start of COVID-19, the company entered into a settlement agreement with the customer in March 2020, under which weekly repayments for […]

The post Alpha FX Group resumes trading with key Norwegian Client appeared first on UK Investor Magazine.

Petropavlovsk shares (LON: POG) have been smashed by its exposure to Russia caused by the Russian invasion of Ukraine. However, the question is, are the damages permanent? Petropavlovsk’s shares have fallen nearly 80% since the start of January 2022. The gold producer shares were once trading at 16.00p in February 2022, just before the invasion […]

The post Petropavlovsk shares: Can they recover to 16p? appeared first on UK Investor Magazine.

FTSE 100 fell to 7,546 in early afternoon trade inn Tuesday, as the West placed more sanctions on Russia following the discovery of horrifying evidence of war crimes in Ukraine. Oil prices gained 1.5% to $109 a barrel on Tuesday as a resolution to the war slips away and leading global exporter Saudi Arabia announced […]

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The international home repairs and improvements business, Homeserve delivered results for FY2022 earlier today which were in line with the group’s expectations. HomeServe made significant strategic and financial progress in FY22, achieving an acceleration in performance over FY21, which was in line with expectations. Customer satisfaction was high, and global policy retention increased by 1% […]

The post HomeServe: Results in line with expectations for FY2022 appeared first on UK Investor Magazine.

The latest Russian sanctions imposed by the West due to Russia’s invasion of Ukraine have continued the halt in production for Germany’s Volkswagen and Sweden’s Volvo plants in Kaluga, Russia. The 120 miles of the Kaluga region which is located southwest of Moscow said it receives more than $15b in investment since 2006 reported Reuters. Operations […]

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Sovereign Metals updated its Mineral Resource Estimate (MRE) for Kasiya on Tuesday, where it confirmed Kasiya as a Tier 1 natural rutile deposit. The company also confirmed the mine’s potential to be a substantial source of low-CO2 footprint critical minerals natural rutile and graphite. Kasiya is currently the world’s largest rutile deposit, with more than […]

The post Sovereign Metals: Kasiya is the largest Titanium Rutile deposit ever found appeared first on UK Investor Magazine.

Mining development and exploration company Greatland Gold announced drilling results from its 2021 drill programme at its Scallywag license on Tuesday. The assay results demonstrated widespread geochemical anomalism, indicating the presence of mineralising processes and validating the area’s development potential. The results of the seven holes dug at four prospects, as well as the ground […]

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ZOO Digital expanded its global growth initiative with the launch of a new Copenhagen facility to support demand from clients for Scandinavian content with ZOO Denmark. As part of its global expansion strategy, ZOO Digital, the provider of end-to-end, cloud-based localisation and media services to the global entertainment industry, has announced the opening of ZOO […]

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The JPM Global Equity Income Fund will provide investors with stability in times of uncertainty through exposure to the world’s largest brands. The tragic Russian invasion of Ukraine has sent waves through financial markets and will likely continue to cause uncertainty for months to come. In such a period, investors may seek out those companies […]

The post Look to the JPM Global Equity Income Fund for reliable global brands appeared first on UK Investor Magazine.

Ebiquity, a global leader in media investment research, announced the completion of its acquisition of Media Management, a US-based media audit company on Monday. All conditions in the agreement for the acquisition of Media Management have been satisfied, and the acquisition of Media Management has now been completed, following the admission of 1,737,261 new ordinary […]

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Belvoir Group shares rose 3% to 263p as the company reported the 25th year of unhindered profit growth in its latest financial results. A REIT, Belvoir Group noted a 39% increase in pre-tax profit from £6.7m to £9.3m in 2021 with strong growth in revenue. The group revenues increase 37% to £29.6m from £21.7m in […]

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With Covid-19 cases on the rise again, airlines have been heavily hit by staffing issues leading to the decline in airline shares on Monday. Regardless, the FTSE 250 rose 0.39% to 21,300 and AIM increased 0.36% to 1,048 helped by a number of oil and gas companies, despite falling oil prices. Oil prices fell 0.07% […]

The post Small & Mid Cap Roundup: EasyJet, Genedrive, Oilex appeared first on UK Investor Magazine.

The two-year US Treasury yields reached 2.495% on Monday morning, marking the highest level since 2019. On Monday, two-year Treasury yields hit their highest level since early 2019, as investors bet that the Federal Reserve would deliver more rate hikes in the months ahead to keep inflation in check. Bond rates in the United States […]

The post Two-year U.S. Treasury yield continues to rise appeared first on UK Investor Magazine.

Healthcare technology provider Induction Healthcare has collaborated with NHS Trusts in South West London to assist with long-term outpatient care change. The South West London Integrated Care System (ICS) will use Induction Zesty to assist their outpatient transformation initiative, according to Induction, a ‘leading virtual care platform driving the digital transformation of healthcare systems’ globally. […]

The post Induction Healthcare signs 4 NHS Trusts in South West London appeared first on UK Investor Magazine.

Hochschild Mining completed its acquisition of Amarillo on 1 April 2022, helping shares gain 1% to 130p in early trade on Monday morning. The terms of the acquisition were circulated to shareholders in March 2022. Hochschild Mining is a major precious metals firm that specialises in silver and gold exploration, mining, refining, and sales. The […]

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The FTSE 100 gained 0.3% to 7,536 on Friday despite a softer than expected US job data release on Friday. The commodity focused FTSE also shook off a falling oil price to finish the week in positive territory. Warning signs of a recession have been flashing with the US 5-year and 30-year Treasury yields inverting […]

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UK house prices saw its fastest rise in 17 years in March, with the average house price increasing £33,000 compared to 2021, however, a number of pressures including the cost of living crisis alongside rising interest rates could deal a blow to prices in 2022. The average UK house price rose 14% to £265,312 in […]

The post Are housebuilding shares Taylor Wimpey and Persimmon set for a difficult 2022? appeared first on UK Investor Magazine.

Following Thursday’s announcement of the Biden Administration considering a 180m barrel release of oil from its Strategic Petroleum Reserve (SPR) in an attempt to reduce fuel costs, President Biden made an announcement of beginning the release of 1m barrels per day for 6 months in May. President Joe Biden ordered an unprecedented oil release from […]

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The REIT focussed on healthcare facilities, Primary Health Properties (PHP) shares rose 0.6% to 149p after the company announced an acquisition of a newly refurbished clinical facility in Chertsey, Surrey for £6.95m.    The Surrey and Borders Partnership NHS Foundation Trust has a new 20-year FRI lease on the property, which includes RPI-based rent reviews. […]

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Capita reports that the sale of Trustmarque to One Equity Partners has been completed on the terms disclosed on January 28 2022 for £118m. Capita received net proceeds of £118m upon completion of the sale, including an additional £3m in contingent consideration, after accounting for cash-like and debt-like items. Following receipt of all relevant permits, […]

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Care property investor and developer Assura announced on Friday that a development funding deal for a £31m cancer diagnostic and treatment centre in Guildford has reached financial close. Genesis Cancer Care UK will operate and lease the building for the centre on a 30-year FRI lease with yearly, index-linked rent reviews. Through a joint collaboration […]

The post Assura completes £31m raise for cancer diagnostic and treatment centre appeared first on UK Investor Magazine.

Online ticketing platform Trainline shares gained 24% to 245p on Thursday afternoon after the company announced amendments to its third-party retail licence agreement. Trainline and Rail Delivery Group (RDG) have reached an agreement on a memorandum of understanding (MOU) to alter its third-party retail licence as a result of RDG’s examination into rail retailing in […]

The post Trainline shares soar 24% with change in commision rates appeared first on UK Investor Magazine.

The Renewables Infrastructure Group (TRIG) has bought a 49% equity interest in Project Valdesolar, a functioning solar park in the province of Badajoz, Spain. The company acquired the stake from Repsol, a Spanish-listed global energy firm. Valdesolar accounts for about 3% of TRIG’s portfolio in terms of value. The acquisition, together with the company’s solar […]

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London’s small and mid cap markets traded slightly weaker on Thursday following the release of UK GDP figures and the prospect of the US releasing oil reserves hit energy prices. Brewin Dolphin’s takeover by RBC made the wealth management company the FTSE 250 top riser with a gain of some 60%. FTSE 250 Risers Brewin […]

The post Small & Mid Cap Roundup: Brewin Dolphin, Trainline, Mirriad Advertising, Provident Financial appeared first on UK Investor Magazine.

Oil prices fell 5% to $107 a barrel, finally dropping from the $110 mark after the Biden administration took steps to control fuel costs by considering a release of 180m barrels of oil from their Strategic Petroleum Reserve. As part of its effort to decrease fuel prices, the Biden administration is reportedly considering a release […]

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The UK economy grew faster than expected with GDP growth of 1.3% in the last quarter of 2021 compared to the third quarter, as the health sector saw a boom in business with the arrival of the Omicron variant. The Office for National Statistics estimated the GDP growth for Q4 2021 to be approximately 1%. […]

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On Tuesday morning, the Anglo-Russian miner, Polymetal released a statement addressing possible restructures focused on improving shareholder sentiment as the company has faced serious consequences of the Russia-Ukraine war such as heavily imposed sanctions and being booted off the FTSE 100 last Monday. Russian companies saw investors withdraw from their shares as the tensions grew […]

The post Polymetal shares: is 1,000p achievable? appeared first on UK Investor Magazine.

Global provider of food and beverage ingredients, Tate & Lyle, has agreed to purchase ChemPartner Pharmatech’s leading prebiotic dietary fibre business, Quantum Hi-Tech Biological (Quantum) in China, for $237m. Tate & Lyle’s position as a major player in dietary fibres has been greatly strengthened by the takeover of Quantum, which brings a high-quality portfolio of […]

The post Tate & Lyle acquires Quantum Hi-Tech Biological for $237m appeared first on UK Investor Magazine.

Self-storage company Safestore Holdings announced that it has acquired the remaining 80% of its Benelux joint venture from Carlyle Europe Realty for €67m. On Thursday morning, Safestore stated it has bought the remaining 80% of the ownership from its partner in the joint venture, where Carlyle received a total of €67m in compensation. The Joint […]

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Strix delivered strong financials with 25% increase in revenues however, a challenging operating environment due to increases in commodity prices, freight cost inflation, supply chain and fluctuating foreign exchange rates hurt investor sentiment. The hydro product and service company, Strix shares dropped 9% to 217p on late afternoon trade on Wednesday. Strix saw 25% rise in revenue […]

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The FTSE 100 was trading up 0.18% at 7,555 going into the close on Wednesday in defiance of recession worries following an inverted US government bond yield curve. European stocks slumped with the signalling of recession from the bond markets on Wednesday, followed by the DAX down 0.8%, CAC slipped 0.6% and Ibex 35 fell […]

The post FTSE 100 rises on strong mining and oil companies appeared first on UK Investor Magazine.

Cybersecurity company specialising in digital identities, derived credentials and access control, Intercede received an order of $3.4m from the US Federal Government. The order is for the continuation of yearly support and maintenance on an ongoing project from April 1, 2022 to March 31, 2023 with the US Federal Government. As a result, the order will […]

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Galileo Resources has received confirmation that all requirements for Afrimat Limited to buy the Vermiculite Mining Right from Glenover Proprietary Limited have been satisfied, and that a consideration of £523k in cash for the Vermiculite Mining Right has been decided. Through Galagen Proprietary Limited, Galileo Resources owns a 29% direct and a 4.99% indirect stake in Glenover. The […]

The post Galileo Resources: Confirms sale of Glenover Asset – Vermiculite Mining Right appeared first on UK Investor Magazine.

The South East Asian energy company Coro Energy’s shares flew 5.6% to 0.47p on Wednesday following the company’s annoucement of resuming gas production at Sillaro. Coro Energy is committed to spearheading the transition to a low-carbon economy in the South East Asia region. On Wednesday, Coro Energy said gas production at Sillaro has resumed with […]

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Cadence Minerals has entered into a conditional agreement to sell its 31.5% stake in Lithium Technologies and Lithium Supplies (LT and LS) for £3.72m. Both Cadence and LT and LS shareholders have agreed to sell 100% of Lithium Technologies and Lithium Supplies for a consideration of £11.82m to an unlisted Australian buyer to be paid […]

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eEnergy has signed an exclusive partnership with EO Charging to launch eCharge, a service aimed at creating the ‘UK’s largest public-sector charging network’. Digital energy services company Energy entered into an exclusive partnership with electric vehicle (EV) tech solutions provider, EO Charging to create eCharge, a new service that will install at least 50,000 EV […]

The post eEnergy launches eCharge with EO Charging appeared first on UK Investor Magazine.

Russian gold miner Petropavlovsk delivered an update on early Wednesday regarding debt restructuring with Gazprombank (GBP) following the freezing of its assets after its inclusion on the Russian sanctions lists. Petropavlovsk had previously disclosed a significant financial commitment to GBP, including a $200m term loan and $86.7m in credit facilities. Last week, Petropavlovsk brought to […]

The post Petropavlovsk reports Gazprombank update appeared first on UK Investor Magazine.

Leading international developer of high quality and effective rapid tests Abingdon Health signed two Memorandums of Understanding (MoU) with Vatic Health and DeepVerge earlier today. Vatic Health Abingdon Health has signed a MoU with Vatic Health, a renowned diagnostic technology innovator. The MoU constitutes a commercial partnership between Abingdon and Vatic for the development and production of a range of […]

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Genedrive shares gained 10% to 27.5p on Tuesday after the UK’s National Institute of Clinical Excellence (NICE) issued a new Medtech Innovation Briefing (MIB) on the Genedrive hearing loss test, MT-RNR1. The near-patient molecular diagnostics company’s price rose despite Gendrive’s reported poor performance in their half-year results earlier today. Genedrive recently launched its new Genedrive System […]

The post Genedrive hearing loss test issued MIB from NICE appeared first on UK Investor Magazine.

FTSE 250 was up 1.1% to 21,306 and the AIM index gained 0.5% to 1,043 in late morning trading on Tuesday on hopes of a market resurgence as Ukraine continued its peace talks with Russia. FTSE 250 Risers Mining company, Ferrexpo saw its shares fly 10% to 184p as it announced its support for Ukraine […]

The post Small & Mid Cap Roundup: Aquis Exchange, Genedrive, Bellway, Tullow Oil appeared first on UK Investor Magazine.

The Metropolitan Police are set to issue 20 fines this week to attendees of the “partygate” scandal, according to an announcement made earlier today. Around 12 events were under investigation for Covid-19 breaches since January by the Metropolitan Police as MPs were known attendees of the events held in Downing Street and Whitehall during the […]

The post Downing Street set for 20 fines for ‘Partygate’ appeared first on UK Investor Magazine.

Property developer Bellway saw its underlying operating profits grow 11.6% from £297.7m to £332.2m in H1 of 2022 due to volume growth. However, the threat of higher costs has hit investor sentiment and shares were down over 5% on Tuesday. Compared to H1 2021, Bellway’s volume output has increased to 5,694 houses from 5,656 houses […]

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Rio Tinto shares have gained 1% to 5,922p in early morning trade on Tuesday after completing the acquisition of the Rincon lithium project. The Argentinian Rincon lithium project was acquired for $825m by Rio Tinto once the Australian mining group received approval from Australia’s Foreign Investment Review Board (FIRB). Rincon is located in the Salta […]

The post Rio Tinto completes Rincon lithium project takeover appeared first on UK Investor Magazine.

Sustainable development company Neometals has launched its first commercial recycling facility through its joint-venture, Primobius. The objective of the venture is to use Neometal’s sustainable LIB recycling technology and commercialise it. Primobius is Neometals’ battery recycling joint-venture with the SMS Group, which has inaugurated its 10 tonnes per day (tpd) commercial lithium-ion battery in Hilchenbach, […]

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Recruitment agent RTC group saw a drop in revenues from £81.4m to £77.7m in 2021 due to employees on furlough as a consequence of Covid-19 and Nato troops’ withdrawal from Afghanistan. RTC Group shares plummeted 18.5% to 28.5p after the company reported disappointing revenues and no final dividend. The UK recruitment division saw revenues increase […]

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Aptamer Group, a developer of innovative Optimer binders, acknowledges DeepVerge’s announcement today that Optimer-enabled Microtox PD systems for pathogen detection in wastewater were installed at 6 sites across the UK as part of the Environmental Monitoring for Health Protection (EMHP) programme, with more installations expected in the UK over the next few months. Aptamer Group […]

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Warehouse focussed REIT Urban Logistics has acquired 4 instant income-producing assets for £72m, at a blended net initial yield (NIY) of 4.6% since February 2022. The 4 assets acquired have a substantial asset management potential for Urban Logistics as the properties have strong agreements to produce immediate income. Urban Logistics Assets acquired since February 2022 […]

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FTSE 100 gained 0.4% to 7,514 in early morning trade on Monday as investors looked to a potential ceasefire in Ukraine. The Ukrainian President has signalled he is willing to explore options for peace and opened the door for negotiations with Russia. In addition, fears around inflation subsided as oil fell after China announced the […]

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Alien Metals has begun drilling on the high-grade silver and copper-gold projects in Zacatecas, Mexico. The drilling at the San Celso and Los Campos Silver Projects will focus on mineralised vein systems that have previously been mined for high-grade silver, with head grades of over 1,000 grammes per tonne silver previously reported. The first holes will be […]

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China has adopted a zero-tolerance against Covid in the attempt to eradicate the virus, leading to nationwide lockdowns. With companies halting production, oil and metal prices across the world have been impacted as China is one of the major importers. Oil prices took a 3.5% hit to $116 per barrel for Brent Crude as China […]

The post Shanghai Covid lockdown hurts oil prices appeared first on UK Investor Magazine.

Ted Baker’s board released a press statement confirming the group received two unsolicited non-binding cash offers from Sycamore Partners Management for the complete acquisition of the apparel company. The proposals received by Sycamore Partners were regarding cash offers for the ‘entire issued and to be issued ordinary share capital’ of Ted Baker. The first proposal […]

The post Ted Baker rejects second bid from Sycamore Partners’ appeared first on UK Investor Magazine.

Evusheld, created by Vanderbilt University Medical Center and licensed to AstraZeneca, is a long-acting antibody combination used in the prevention of Covid-19, and has been granted market authorization in the EU. The European Commission granted the approval on the basis of the results from the Evusheld clinical development programme, which depicted strong results against Omicron. […]

The post AstraZeneca’s Evusheld receives market authorisation for the EU appeared first on UK Investor Magazine.

FTSE 250 index was up 0.57% to 21,013 along with the AIM all-share index up 0.14% to 1,037 despite retail sales declining and cost of living increasing in times of geopolitical turmoil. FTSE 250 Risers Homserve was the FTSE 250 top riser as it continued to gain following reports of a takeover approach by a […]

The post Small & Mid-Cap Roundup: Pantheon International, Petropavlovsk, Homeserve, Alliance Pharma appeared first on UK Investor Magazine.

Alliance Pharma has officially entered the scar treatment market with its acquisition of ScarAway, the leading silicone-based scar treatment brand in the US. The company has also announced the launch of Kelo-cote to the consumer markets. Alliance’s strategy in the US has been boosted by the acquisition of ScarAway, as it gives Alliance with a well-established […]

The post Alliance Pharma acquires ScarAway and US rights for Kelo-cote appeared first on UK Investor Magazine.

The UK announced 65 new Russian sanctions targeting ‘strategic industries, banks, business elites’ and anyone currently supporting Russia’s invasion of Ukraine. Since the invasion began in late February, the UK has penalized over 1,000 individuals and businesses under the Russian sanctions framework. On Thursday, Foreign Secretary Liz Truss announced 65 new sanctions on Russian banks, […]

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Everyman Media admissions were held back due to closures as a consequence of the pandemic, however with venues reopening and restrictions easing, the group saw a 67% increase to 2m in admissions, ahead of management expectations for the year ended 30 December 2021. Everyman Media remained closed for 19 weeks, functioned at a reduced capacity […]

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The tech engineering firm, Smith Group saw shares fall 1% to 1,501p on early morning trade on Friday despite the company’s reported underlying operating profits increase of 11.1% to £189m, with higher orders in H1 2022. Smith Group saw a 3.4% increase to £1.19bn in underlying revenue compared to the first half of 2021, with […]

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The Lloyds share price are is up 4% to 49.55p so far in 2022 having enjoyed a higher interest rate environment, but also facing potential headwinds from a cost of living crisis. Lloyds shares (LON:LLOY) have had a volatile 2022 so far with shares trading in a range from intraday highs of ~56p to 38p. […]

The post Are Lloyds shares a good buy? appeared first on UK Investor Magazine.

FTSE 100 gained gingerly to 7,461 on Thursday with rising oil prices as investors awaited the outcome from key NATO and G7 meetings. Commodity prices are surging with wheat and oil rising on the day. Precious metals gold and silver prices are also gaining. Brent Crude increased 0.2% to $121 a barrel impacting the mining […]

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Lloyds Banking Group has announced the closure of a total of 60 more branches across Bank of Scotland, Halifax and Lloyds throughout the UK by the end of 2022. Lloyds Banking Group has decided to cut back their high street network due to increased dependence on online banking noted by record usage in 2022. During […]

The post Lloyds Banking Group to axe 60 branches this year appeared first on UK Investor Magazine.

Next’s pre-tax profit increased from £342m to £823m in 2022, rising 140% as online sales recovered the gap created by the pandemic in retail sales. The retailers saw total group revenue grow 34% to £4.8bn in 2022, with significant contributions of £3.1bn from the online segment. Next’s retail sales saw an increase of 50% from […]

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AstraZeneca did not achieve statistical significance in its CALLA Phase III study for locally advanced cervical cancer using Imfinzi with chemoradiotherapy. The advancement of progression-free survival (PFS) for patients with locally advanced cervical cancer through the CALLA Phase III study for Imfinzi (durvalumab) assisted by chemoradiotherapy failed to achieve statistical significance compared to administering chemoradiotherapy […]

The post AstraZeneca: CALLA Phase III Trial for Imfinzi fails to achieve statistical significance appeared first on UK Investor Magazine.

Catenae Innovation’s shares sank 50% to 0.2p on Wednesday following the request for ‘temporary suspension’ of shares trading on the AIM due to the company not being a position to complete the audit of their financial results. The company also said a dispute had arisen around the acquisition for Hyperneph Software. Catenae Innovation said they […]

The post Catenae Innovation shares tumble on suspension request appeared first on UK Investor Magazine.

The FTSE 250 index slipped 0.7% to 20,964 and AIM market fell 0.65% to 1,030 on Wednesday as investors digested record high inflation. The FTSE 250 was dragged by companies reliant on consumer spending while homebuilders and REITs took a big hit. FTSE 250 Fallers Plus500 shares fell 0.5% to 1,458p after the company reported […]

The post Small & Mid Cap Roundup: Plus500, Catenae Innovation, Tullow Oil and ITM Power appeared first on UK Investor Magazine.

Months of tension have been eased as the UK and US agreed to lift tariffs on British steel exports which were implemented during the Trump era. With the new agreement, steel and aluminium industries will be protected in both countries, leaving the sole focus on ‘China’s unjust trade policies’, according to a joint statement by UK’s […]

The post US and UK banish Trump-era steel tariffs appeared first on UK Investor Magazine.

Surgical Innovation, the invasive surgery product providers, saw revenue grow 44% from £6.3m to £9.1m in 2021 due to sales recovery from the pandemic’s impact with fourth-quarter sales at par with pre-pandemic levels. Surgical Innovation sales suffered from the constant impact of covid-19, which affected the demand for their products. The revenues reported will be […]

The post Surgical Innovation sees revenue grow 44% despite postponed elective surgeries appeared first on UK Investor Magazine.

Ultra Electronics, the defence and security company, saw its order book jump 22% to £1.3bn in 2021 as a result of their One Ultra strategy to provide ‘interoperable solutions’ with an array of products including Sonobuoy and ORION radio. Existing clients continued strong momentum in orders with the US Marines, US Army and US Navy committing […]

The post Ultra Electronics records £1.3bn in orders appeared first on UK Investor Magazine.

Goldman Sachs has conducted its first-ever over-the-counter (OTC) crypto options trade with Galaxy Digital, a digital asset finance company. On Monday, CNBC reported on the press release issued by Galaxy Digital announcing the deal. The transaction was represented as a Bitcoin non-deliverable option, which is a type of cash-settled cryptocurrency options trade, according to the […]

The post Goldman Sachs first to trade crypto over the counter appeared first on UK Investor Magazine.

Alliance Pharma reported pre-tax profits increased by 39% from £13m to £18.2m in 2021 due to increased e-commerce activity. The pharmaceutical company generated revenues of £169.6m, a 26% increase from revenues in 2020, as a result of growth in revenues from the consumer healthcare segment and prescription medicine. Consumer healthcare saw a rise of 31% […]

The post Alliance Pharma sees pre-tax profit surge 39% appeared first on UK Investor Magazine.

Natural rutile mined by Sovereign Metals will reduce carbon emissions by 20 to 33 times from the titanium pigment industry. Sovereign Metals has found through a comprehensive life cycle assessment study (LCA) using the methods from the 2021 initial Kasiya Scoping Study, that the global warming potential is 0.1 tonnes CO2 for the mining of each tonne of natural […]

The post Sovereign Metals: Natural Titanium Rutile is significantly greener than rutile alternatives appeared first on UK Investor Magazine.

Marks & Spencers (LON:MKS), like many others, faced the consequences of the pandemic with higher restrictions and fiscally worried consumers and recorded a £17m pre tax loss in 2020. However, M&S has since enjoyed a rebound in trading and has taken the opportunity to reshape the business and focus on online sales. The company posted […]

The post Marks & Spencers shares are ripe for a rebound appeared first on UK Investor Magazine.

Cadence Minerals’ Amapa Iron Ore Project has an update on the ongoing pre-feasibility study (PFS). The Amapa Project located in the northeast of Brazil is a mine, processing plant, railway, and port in one vast integrated project. Previously owned by Anglo American and Cliffs, the project produced around 6.1m tonnes of iron ore concentrate at its […]

The post Cadence Minerals: Update on Amapa Iron Ore Project appeared first on UK Investor Magazine.

The instant service vending equipment company, Photo-Me, reported a pre-tax profit increase of 202% to £28.6m, compared to the loss of £27.8m in 2020 as Covid restrictions eased. The group’s reported revenue grew 15.1% from £186.3m to £214.4m in 2021 as consumers began emerging from lockdown. Most markets where Photo-Me functions are operational have been cleared […]

The post Photo-Me profit bounces back 202% in post covid recovery appeared first on UK Investor Magazine.

Induction Healthcare’s renewed contract with NHS Scotland and the Scottish Government ensures a consistent revenue stream of £2m through Induction Attend Anywhere, a remote consultation tool. Induction Attend Anywhere (AA), the remote consultation solution has successfully obtained another year with NHS Scotland and the Scottish Government.  With the contract extension, AA secures its position with […]

The post Induction Healthcare renews contract with NHS Scotland and Scottish Government appeared first on UK Investor Magazine.

The mobile content and data intelligence company Mobile Streams has acquired the remaining 51% of KrunchData following its acquisition of the initial 49% stake in 2021. Mobile Streams has taken over complete ownership by acquiring the remaining 51% of KrunchData for £765,000. The company is paying £265,000 in cash and the remainder in 166,666,666 shares […]

The post Mobile Streams gains full ownership of KrunchData appeared first on UK Investor Magazine.

Ocado shares are taking a dive with concerns the recovery from the pandemic will dent demand for the grocery delivery service. Ocado shares have sunk 44% over the last year. On Thursday, Ocado shares again dropped sharply after company reduced their forecasted revenue growth from the mid teens to 10%. In their latest results, Ocado […]

The post Where next for Ocado shares? appeared first on UK Investor Magazine.

The US House of Representatives voted 424-8 in favour of removing the “most favoured nation” trade status from Russia and Belarus. The next step is to gain the US Senate’s approval. Simultaneously, several G7 democracies are showing similar efforts to strip the countries’ status from the World Trade Organisation (WTO). Once this movement is accepted, […]

The post US House of Representatives supports removal of Russia and Belarus from “most favoured nation” trade status appeared first on UK Investor Magazine.

Tritax Eurobox and Dietz Seller, a subsidiary of Dietz AG, have entered into a conditional agreement to acquire the assets of Dietz subsidiary in Dormagen, Germany. Tritax Eurobox is a REIT which invests in ‘high-quality, prime logistics real estate’ across Europe. Dormagen Proposal The Dormagen asset will be acquired for €76.4m and the consideration of […]

The post Tritax Eurobox enters into a conditional agreement with Dietz Seller appeared first on UK Investor Magazine.

The independent institutional stockbroking firm, Cenkos Securities saw post-tax profits increase 88% from £1.8m to £3.4m in 2021 with the addition of 17 new clients. The pre-tax profit increased by 75% to £4m in 2021 while revenue grew from £31.7m to £37.2m. Cenkos completed 34 transactions which raised £1.2bn for their clients in 2021. Cenkos’ […]

The post Cenkos Securities sees 88% increase in profits appeared first on UK Investor Magazine.

Hikma shares were trading down 0.3% at 2,055p despite a 9% increase in group revenues. Hikma’s revenue grew from $2.3bn to $2.5bn in 2021 with strong performances in all three divisions of the pharmaceutical company. Injectables contributed 41% to the group revenues with an amount of $1bn. The US consisted of $691m and the Middle-East […]

The post Hikma’s revenue grows 9% on strong performance appeared first on UK Investor Magazine.

Russia has lost access to their foreign currency reserves with increased sanctions on the country invading Ukraine resulting in fears of default. Russia was supposed to pay $117m in coupon payments to investors of dollar-denominated bonds. However, international sanctions have locked most of the country’s foreign exchange reserves leaving Russia in a fix. Russia said […]

The post Russia on verge of default appeared first on UK Investor Magazine.

Marshalls’ adjusted pre-tax profit flew 221% from £22.5m to £72.1m in 2021, and revenue climbed to £589.3m in 2021 from £469.5m as the landscape product specialist saw demand recover from the pandemic. In the aftermath of the pandemic, project timelines, supply chain pressures and inflationary costs of input materials were mitigated by a proactive supply […]

The post Marshalls’ adjusted pre-tax profit jumps 221% appeared first on UK Investor Magazine.

Cineworld shares were trading up 4.5% at 38p after the cinema operator reported a $1bn increase in group revenue. The group’s revenue soared from $852m in 2020 to $1.8bn in 2021 despite location closures due to covid restrictions. In 2021, box office sales contributed $955m followed by retail contributing $552m. A substantial amount of $296m […]

The post Cineworld revenues soared 111% post covid recovery appeared first on UK Investor Magazine.

Rolls-Royce shares have faced significant downside throughout the pandemic but shares have recently seen all the benefits of increased air travel scuppered by a poor set of results that missed expectations. During the pandemic, the company suffered huge losses of nearly £4bn as a result of stringent travel restrictions. Rolls-Royce is one of the world’s […]

The post Are Rolls-Royce shares ready for takeoff? appeared first on UK Investor Magazine.

West African gold company Cora Gold has began drilling in their flagship Sanankoro Project in Southern Mali. Cora Gold, is focused on developing the Sanankoro Gold Project in Southern Mali’s Yanfolila Gold Belt, where Cora plans to start building an open pit oxide-focused gold mine in 2022. The drilling has began as expected in Q1 […]

The post Cora Gold: Drilling commences in the Sanankoro Project appeared first on UK Investor Magazine.

Hammerson and joint-venture partner Canada Pension Plan Investment Board have completed the disposal of the shopping centre, Silverburn, near Glasgow. Silverburn is a 100,000 m2 shopping centre near Glasgow which entered into escrow with a deposit of £40m in December 2021. Hammerson is a property development and investment company, whose portfolio includes real estate from […]

The post Hammerson completes disposal of Silverburn centre appeared first on UK Investor Magazine.

With geopolitical concerns and recovery from the pandemic, 2022 is already been an eventful year for FTSE 100 firms. The markets have reflected the impact of a series of event and as a consequence, the following are ranked as the top performers of the FTSE 100 from December 31, 2021. Pearson +34% Pearson, the education […]

The post The top FTSE 100 risers thus far in 2022 appeared first on UK Investor Magazine.

Sovereign Metals has announced a ‘spectacular’ 28% extension of the mineralised envelope for the Kasiya Natural Rutile project in Malawi. The total footprint is now 165km2 with presence of high-grade rutile in a single deposit within Kasiya and Nsaru. Natural rutile is used in the production of titanium which has many end applications from welding […]

The post Sovereign Metals’ mineralised footprint increased by 28% in ‘spectacular’ Titanium Rutile results appeared first on UK Investor Magazine.

The UK unemployment rate has dropped to the lowest level since January 2020 as the labour market continued to recovery from the pandemic. However, a increase of 3.2% in wages is still not keeping up with the increase of 5.5% inn inflation meaning households will continue to be squeezed, despite an improving jobs market. Danni […]

The post UK Unemployment rate falls to pre-pandemic levels appeared first on UK Investor Magazine.

The merchant banking group, Close Brothers, saw operating profits increase 1% to £128.9m in H1 2022 and reported adjusted operating profits as £129.8m. The marginal growth came from increased incomes from the banking division and asset management division of 12% and 14% respectively despite being held back by the Winterflood drop in income. Adrian Sainsbury, […]

The post Close Brothers cuts it close with marginal increases in financials appeared first on UK Investor Magazine.

Virgin Wines, UK’s largest B2C online wine seller, reported a total revenue of £40.6m in H1 2022, just £20,000 more than H1 2021. The revenue generated from the subscription model of the wine distributors saw an increase of 23% from last year to £26.3m in H1 2022. The increase in revenue resulted from a 7% […]

The post Virgin Wines’ glass half full with 23% increase in subscription based revenues appeared first on UK Investor Magazine.

Imperial Brands, formerly known as Imperial Tobacco, has followed in the foot steps of hundreds of other companies and stopped business in Russia and now are in discussions with a domestic company for the temporary transfer of the firm’s Russian assets and operations. Russia and Ukraine has little impact on the group and contributed about […]

The post Imperial Brands announces Russia strategy appeared first on UK Investor Magazine.

Soybean prices increased by 1% to $17 per bushel with increased tensions across Russia-Ukraine, breaking records set in 2012. Soybeans had traded as low as $11.78 per bushel in November. With fertilisers supplied by Russia being removed from trade last week, the cost of growing wheat, corn and soybean all will see a rise. Ukraine […]

The post Soybean price rises continues as Russia-Ukraine war threatens supply appeared first on UK Investor Magazine.

Aston Martin revenues raced 79% higher to £1.1bn in 2021 from £0.6bn in 2020 due to increased volume growth. Wholesale volumes grew to 6178 units worldwide in 2021 from 3394 units in 2020. The largest contributor to those figures was the North and South America with a 32.1% contribution followed by Asia Pacific at 29.5% […]

The post Aston Martin revenues race to £1.1bn appeared first on UK Investor Magazine.

AstraZeneca’s drug to cure early breast cancer, Lynparza was approved in the US. Lynparza is the first and only approved drug to aid patients with BRCA-mutated HER2-negative high-risk early breast cancer and have already used chemotherapy. Lynparza was created by AstraZeneca and Merck’s (MSD) olaparib drug. The drug gained approval of the FDA after the […]

The post AstraZeneca first to fight early breast cancer with Lynparza appeared first on UK Investor Magazine.

The Czech cybersecurity firm, Avast, has halted the accessibility to their products in Russia and Belarus just like McDonald’s and Starbucks. The group’s marketing and sales operations have also been terminated with boiling geopolitical tensions. In 2021, Ukraine, Russia, and Belarus generated around 1.5% of Avast’s total revenue. Avast is continuing and expanding their offerings in […]

The post Avast suspends business in Russia and Belarus appeared first on UK Investor Magazine.

British housing developer, Berkeley Group, shares were up 1.7% to 3,825p after reconfirming annual earnings are on track. Berkeley Group provided a trading update from November 2021 to 28 February 2022, which confirmed the firm is ‘trading robustly’. The developer stated cancellations rates are normal and sales are just better than pre-pandemic levels. The group […]

The post Berkeley Group comforts investors with trading update appeared first on UK Investor Magazine.

President Biden is in talks with G7 to discuss the removal of Russia from the WTO as ‘most favoured nation.’ The rest of the world is trying to stunt Russia’s growth in any way possible as the assault on Ukraine continues, including stripping Russia of its trade status. Biden is reportedly on a mission to […]

The post Russia may be removed as ‘most favoured nation’ among US and G7 appeared first on UK Investor Magazine.

Live Company Group signs contracts with Animal Paradise and Supersized for Bricklive. Bricklive is one of the divisions for the live events company which creates interactive brick-based toys for their touring trails. Bricklive Contracts One of the contracts is for Animal Paradise with the Oklahoma Zoological Society. The Oklahoma Zoological Society was established to increase […]

The post Live Company gains two more contracts for Bricklive appeared first on UK Investor Magazine.

Belvoir shares were trading up 2% to 250p with the completed acquisition of Mr. and Mrs. Clarke, the real estate agency. Belvoir, the property franchise group, has taken over Mr. and Mrs. Clarke (MMC) for £0.2m in initial cash considerations. A further capped consideration may be payable over the next 3 years based on the […]

The post Belvoir group acquired Mr. and Mrs. Clarke appeared first on UK Investor Magazine.

With increased focus on commodity prices, Fresnillo, the Mexican mining company is benefitting from economic and geopolitical developments. In Fresnillo’s latest financials, the company managed to increase revenues by 11% to $2.7bn, despite facing operation challenges. Fresnillo says they have a plan for converting those challenges to earnings and the favourable conditions for precious metals […]

The post Why Fresnillo shares are a good play on geopolitics and inflation appeared first on UK Investor Magazine.

National Express shares were trading up 4.3% to 252p on Thursday morning after results revealed a solid cash inflow of £123m in 2021. The company reported a cash inflow in 2021 of £123.4m, a phenomenal comeback from their cash outflow of £196m in 2020. National Express saw a statuary group loss before tax of £84.9m […]

The post National Express shares increase on easing restrictions appeared first on UK Investor Magazine.

Capita has reported an increase of £13m to £3bn in adjusted revenue, following a six-years declining revenue. Adjusted pretax profit saw a 1,631% growth from £5.4m in 2020 to £93.5m in 2021 due to increased revenues and savings in transformation costs. Reported profit before tax increased from a loss of £49.4m in 2020 to a […]

The post Capita reports first revenue increase after 6 year decline appeared first on UK Investor Magazine.

Bitcoin saw an 9% increase to around $42,000 on Wednesday after US President Joe Biden signed an executive order to monitor and regulate the use of the cryptocurrency. The executive order reportedly signified the country’s support for the cryptocurrency industry, not only accepting to monitor it, but also potentially creating a new digital currency which […]

The post Bitcoin rebounds after Biden signs executive order for regulating cryptocurrency appeared first on UK Investor Magazine.

The Russian mining groups, Evraz and Polymetal addressed the impact of sanctions on their businesses to reinstate investor confidence. Evraz and Polymetal shares have seen increased volatility over the ongoing Russia-Ukraine war. Polymetal shares Polymetal shares skyrocketed 44% to 132p after the mining company said that their operations in Russia and Kazakhstan are ongoing without […]

The post Evraz and Polymetal shares soar as they respond to sanctions appeared first on UK Investor Magazine.

The price of iodine tablets have doubled from $30 per bottle to $70 as victims of the war are panic buying to mitigate potential radiation threats. Putin on Sunday told the world that he’s putting his nuclear forces on special alert as a response to aggression coming from the West to stop the war. Ukrainian […]

The post Iodine tablet prices double over fears of nuclear war radiations appeared first on UK Investor Magazine.

Three sources told Reuters that the European Commission has planned a new set of sanctions against Russia and Belarus in response to the Russian invasion of Ukraine, which will target more Russian oligarchs, politicians, and also 3 Belarusian banks. On Tuesday morning, the proposed measures were approved by the EU executive which would later be addressed […]

The post Sanctions! Sanctions! And more sanctions! appeared first on UK Investor Magazine.

Alfa Financial Software’s shares are trading up 4% t0 148.8p on Wednesday morning after the company said revenues increased 5% in 2021, helped by a growing customer base. Revenue increased by 5% from £78.9m in 2020 to £83.2m in 2021. Subscription revenues increased by 30% to £23.5m. Increased revenues are a reflection of rise in […]

The post Alfa Financial Software grows customer base appeared first on UK Investor Magazine.

Fresnillo saw an 11% growth in revenues from $2.4bn to $2.7bn in 2021, with a 9% increase in adjusted revenues and a 20.5% reduction in treatment and refining costs. Pretax profit increased by 10.9% to $611.5m in 2021 with the rise in silver prices. Silver production grew 0.1% due to better mining results in Fresnillo […]

The post Fresnillo pretax profits rise 10.9% despite staffing problems appeared first on UK Investor Magazine.

Aquis Exchange shares rose 1.5% to 450p with the addition of Czech and Hungarian blue-chip stocks. With the inclusion of Czech and Hungarian shares, the coverage for Aquis Exchange extends to 17 markets. About 300 new equities will be accessible on the Aquis Exchange UK and Aquis Exchange EU platforms in Q2 of 2022, along with the 13 most […]

The post Aquis Exchange to cover 17 markets with inclusion of Czech and Hungarian stocks appeared first on UK Investor Magazine.

Nickel added to extreme volatility in commodity prices resulting from the Ukraine crisis as futures were suspended by the LME. Nickel surged 44% overnight in volatile Asian trade. Nickel prices have risen dramatically this morning, briefly pushing above $100,000 per tonne. The exceptional price rise was driven by a short squeeze on the LME, in which traders with large short positions have hurried to close their positions. “Nickel […]

The post Nickel price soars and suspended by London Metal Exchange appeared first on UK Investor Magazine.

M&G generated £2.8bn, exceeding the investment management firm’s goals for capital generation, resulting in a share buyback of £500m. M&G shares were trading up 13.8% to 202.9p on Tuesday morning after news of shares buyback. Adjusted operating profit before tax dropped by £67m to £721 in 2021 as a result of reduced benefits from changes in lifespan estimates. Retail and savings segment contributed £660m to […]

The post M&G shares fly 13% as investment group exceeds targets on capital generation appeared first on UK Investor Magazine.

Dominos saw a 97% increase in statutory profit after tax, going from £38.6m in 2020 to £78.3m 2021, as the pizza chain recovers from the pandemic. Domino’s top line saw an 11% growth to £560.8m. Underlying profit before tax is £113.9m, up 12.5% from 2020 as a result of strong underlying trading. Recovery from the […]

The post Dominos delivers piping hot post-tax profits appeared first on UK Investor Magazine.

Sainsbury shares may be the pick of the FTSE 100’s two supermarkets with a notably better dividend yield and attractive multiples. Supermarkets experienced a mixed pandemic with sales jumping as consumers chose higher priced goods due to lockdowns, but the retailers also faced a squeeze on margins as a result of higher costs. In the […]

The post Sainsbury’s shares offer better value than Tesco appeared first on UK Investor Magazine.

Audioboom expands into the New Zealand digital media scene with Showcase, their ad-tech platform. Audioboom is global leading podcast company, which make podcasts available and profitable for podcasters, advertisers and brands. With the combination of technical assistance, product knowledge and ad sales expertise, Audioboom is able to deliver a user-friendly and cost effective product. Showcase, […]

The post Audioboom expands Showcase with New Zealand strategic partnership appeared first on UK Investor Magazine.

In Halifax’s latest housing price analysis, a record high price of £278,123 in housing prices was established, with a rise of 10.8% over the past year, the fastest annual pace since 2007. Dating back to January 1983, Halifax House Price Index has been providing data regarding the monthly house price series for the entire UK. […]

The post Halifax says UK housing prices hit new record high of £278,123 appeared first on UK Investor Magazine.

Clarkson, the shipbroking company, recorded a pre-tax profit of £69.1m in 2021, as opposed to the loss of £16.4m in 2020. Clarkson shares rose 7.2% to 3,340p on Monday morning as result of the shipping services company bouncing back from their losses as a result of recovery from the pandemic. Revenues grew by 23% to […]

The post Clarkson swings back to profit on shipping activity recovery appeared first on UK Investor Magazine.

CloudCoco shares soared 11.7% to 1.9p on Monday morning with strong results and a jump in EBITDA. CloudCoco, the IT service and communications solutions company, saw an increase in EBITDA by 185% increasing from £261k in 2020 to £745km in 2021 as a byproduct of the acquisitions of Systems Assurance Limited and More Computers Limited. […]

The post CloudCoco shares reaches for the clouds with strong final results appeared first on UK Investor Magazine.

Oncimmune has been contracted by a global pharmaceutical leader to study autoantibody profiling of Chronic Inflammatory Demyelinating Polyradiculoneuropathy (CIDP). Oncimmune, the immunodiagnostics company, is using their ImmunoINSIGHTS autoantibody profiling service to understand autoimmune illness and infectious diseases. SeroTag Infectious Diseases discovery array allows scientists to better understand how SARS-CoV-2 triggers an immune response and forecast how vaccines and treatments for the virus […]

The post Oncimmune contracted to profile autoantibody of CIDP appeared first on UK Investor Magazine.

Hammerson shares were trading up 2.14% to 35.36p on Friday morning following the announcement of their full year results. Hammerson is in the process of recovering from the pandemic. Hammerson’s adjusted earnings saw an increase of 122% from £37m in FY20 to £81m in FY21. The earnings managed such an increase due to better net […]

The post Hammerson still recovering from the pandemic appeared first on UK Investor Magazine.

DiscoverIE have completed the sale of Acal BFi to H2 Equity Partners which began in November 2021. DiscoverIE is a multinational firm that develops and manufactures cutting-edge electronics for industrial use. DiscoverIE Group plc (LON:DSCV), a leading international designer and manufacturer of customised electronics for industrial applications, today announces that the sale of the Acal BFi distribution business has now […]

The post DiscoverIE group successfully disposes Acal BFi appeared first on UK Investor Magazine.

PGIM Jennison Emerging Markets Fund is the best performing fund of the 148 Investment Associations Emerging Markets OEICS and Unit Trusts, according data complied by Trustnet. However, the fund is aiming at advisors and institutional investors and isn’t easily available to UK private clients. The fund isn’t available through either AJ Bell or Hargreaves Lansdown. […]

The post Why PGIM Jennison Emerging Markets Fund is the best performing IA emerging markets fund over 5 years appeared first on UK Investor Magazine.

Despite the recent announcement of buy backs and reduction of impairment charges leading to a jump in profits, HSBC shares have since sank on geopolitical concerns. The recent drop in the HSBC share price will get the attention investors who will likely be questioning whether now is a good time to buy HSBC shares? HSBC […]

The post Is the HSBC share price attractive at this level? appeared first on UK Investor Magazine.

Palace Capital were able to exceed the goals set on strategic disposal with the sale of Pelhan House in Brighton. Palace Capital is property investment firm. The group’s portfolio is filled with handpicked commercial real estate in the UK. The location of the real estate units are mainly outside of London, with a concentration in […]

The post Palace Capital surpasses targets on strategic disposal appeared first on UK Investor Magazine.

Mondi’s profit before tax grew 28% to €983m in 2021 as growth accelerated for their sustainable packaging offering. The group’s revenue saw a rise of 16% from €6.6bn in 2020 to €7.7bn in 2021. Underlying EBITDA increased to €1.5bn from €1.3bn YoY. The groups financial performance was a reflection of higher sales volumes due to […]

The post Mondi delivers 28% increase in profit before tax appeared first on UK Investor Magazine.

Allergy Therapeutics delivered substantial update on pollen and peanut allergy remedies at a US industry gathering. Allergy Therapeutics is a completely integrated commercial biotechnology company focused on allergy vaccines. The Group is focused on allergens that can be treated with subcutaneous and sublingual immunotherapy like, pollens, house dust mites, pets and moulds. At the 2022 American Academy of Allergy, Asthma, and Immunology Annual Meeting in […]

The post Allergy Therapeutics on course to relieve hay fever and peanut allergies appeared first on UK Investor Magazine.

ECR minerals shared good news regarding the result of hole BH3DD019 drilled into the north end of the Maori Reef inside HR3 at Bailieston, Victoria. ECR minerals is a gold exploration and development company based in Australia. HR3 is completely owned by ECR minerals. BH3DD019 Hole BH3DD019 is one of four holes designed to crosscut H43 […]

The post ECR minerals continue to strike gold appeared first on UK Investor Magazine.

Aviva Insurance records higher dividends and significant capital returns. Aviva had set a goal of returning more than £4bn to shareholders. The company has successfully exceeded that goal by returning £4.75bn in capital returns inclusive of the £1bn share buyback from the past. A final dividend of 14.7p was also announced, up from 14.0p. The […]

The post Aviva exceeds payout expectations appeared first on UK Investor Magazine.

Vistry, the house builder, delivered a 223% increase of £319.5m in reported profits before tax in 2021. The group’s adjusted profit before tax of £346m in 2021 saw a rise of 140% from £143.9m in 2020. The private sales rate climbed by 43% to 0.76 in 2021 from 0.53 in 2020. The figure suggests a steady […]

The post Vistry’s net profit surges 223% appeared first on UK Investor Magazine.

Cora Gold discovers gold deposits on the surface at Sanankoro. Cora Gold Limited, a gold company based in West Africa, shared an update on its portfolio of gold assets in southern Mali. The company’s flagship Sanankoro Gold Project is 7km from the Zone A deposit, in previously undiscovered territory. Results Certain rock samples yielded gold concentrations of up to […]

The post Cora Gold discovery at Sanankoro appeared first on UK Investor Magazine.

Polymetal shares were trading up 8.5% to 280.9p on Wednesday morning following the update on their annual results. Polymetal shares had dropped 72% in a week due to the ongoing Russia-Ukraine conflict. Vitaly Nesis, Group Chief Executive Officer, Polymetal commented, “We are shocked and appalled by the events going on in Ukraine. The conflict in […]

The post Polymetal shares rise on higher revenue appeared first on UK Investor Magazine.

Flutter’s stock dropped after the gaming company released preliminary results for2021, which highlighted the cost of expanding in the United States. Flutter shares were trading down 13.6% to 9,318p on Tuesday afternoon.  After a £543m expense for non-cash amortisation from acquired intangibles, Flutter’s reported loss before tax was £288m. Adjusted EBITDA dropped 18% to £1bn.  […]

The post Flutter records net loss of £288m over client acquisition appeared first on UK Investor Magazine.

Made Tech Group commenced two year contract with NHS digital worth up to £37.5m and saw revenue increase 131%. However, news of staffing issues has seen Made Tech shares crash over 50% in two trading sessions. Made Tech Group is a significant digital, data, and technology services provider to the UK public sector.  Made Tech […]

The post Made Tech share price plummeting despite NHS contract and revenue growth of 131% appeared first on UK Investor Magazine.

LondonMetric reached agreements on three grocery lettings within its long income and retail park assets in Ashford, Totton, and Tonbridge. The three lettings, Ashford, Totton, and Tonbridge, are expected to generate of £1.2m in contracted rent per annum. Alongside, the lettings, will have a weighted average unexpired lease term (WAULT) of 16 years and benefit from RPI or fixed rental uplifts. Lettings Ashford, Middlesex LondonMetric has secured a new 25-year lease with Lidl on the existing 32,000 sq ft Hitchcock & King store on behalf of its MIPP Joint Venture. The rent is £0.6m p.a. […]

The post LondonMetric takes on 3 more grocery properties appeared first on UK Investor Magazine.

Intertek Group shares traded down 0.1% at 5,378p after decent results on Tuesday morning. Intertek Group saw revenue grow 6.5% at constant rates to £2.7bn in 2021. Revenue excludes the past impact of any business disposals or closures, but includes acquisitions after their 12-months of ownership. Two acquisitions were completed in 2021 which had a consideration of £480.9m. The companies acquired were, JLA Brasil Laboratório de Análises de Alimentos […]

The post Intertek Group sees 18.7% increase in profit before tax appeared first on UK Investor Magazine.

Mission Group has acquired Livity for £0.1m in an all cash deal. Mission Group a group of marketing agencies and the creator of Work That Counts which consists of a network of 16 agencies that generate long-term growth for their clients. Livity is a youth focused creative company which collaborates with businesses associated with the Generation […]

The post Mission Group announces Livity acquisition appeared first on UK Investor Magazine.

Tortilla Mexican Grill announces a strategic agreement with Compass Group’s Chartwells Universities. Tortilla Mexican Grill established in the UK since 2007 is a fast-casual Mexican restaurant. Opened by two Californians in response to the deficit of Mexican grills in London, the restaurant now has over 50 locations. Compass Group is a foodservice company with over […]

The post Tortilla Mexican Grill and Compass Group’s plans for expansion appeared first on UK Investor Magazine.

Nostra Terra Oil and Gas has successfully reached planned total depth with Pine Mills – Fouke 2 Well. Nostra Terra Oil and Gas is an exploration and production company which has projects in the Permian Basin, Texas, and East Texas. Nostra Terra is an AIM listed company. The Company has reported that the Pine Mills […]

The post Nostra Terra Oil and Gas: Well Well Well! appeared first on UK Investor Magazine.

Live Company has secured two contracts for Bricklive’s Paddington and Paw Patrol. News of the contract wins saw Live Company Group (LVCG) shares jump up by 10.5% to trade at 5.1p. Live company group organises live events and entertainment. One of the two divisions of LVCG is Bricklive. Bricklive provides brick-based events focuses on creating […]

The post Live Company Group: two new contracts for BRICKLIVE send shares higher appeared first on UK Investor Magazine.

Evraz shares soared 19% to 205p after the release of their full year earnings on Friday. Evraz has announced a rise of 45% to $14.1bn in revenues across all business segments in a solid report which will be overshadowed by the Russian focused steelmaker’s source of income. Higher sales prices for semi-finished and construction items, […]

The post Evraz shares fly 19% on full year earnings announcement appeared first on UK Investor Magazine.

Sovereign Metals presented at UK Investor Magazine Metal & Mining Conference providing deep insight into the globally significant natural rutile project in Malawi, Kasiya. Malawi The company spent 6 years exploring for graphite in their Malawian licenses and during their metallurgy tests on the graphite, found tailings of titanium. On studies of 125 drill holes […]

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Centrica saw group statutory revenue from continuing operations growth of 20% from £12.2bn to £14.7bn in the full year. Revenues from the sale of products and services between segments climbed by 30% to £20.5 billion (2020: £15.7 billion) in the gross segment revenue from continuing operations. Higher wholesale commodity prices impacted Energy Marketing & Trading and Upstream, as well retail pricing in British Gas Energy, Bord Gáis Energy, and Centrica Business Solutions. The group recorded and adjusted operating profit increase of 112% from £447m to £948m. A 38% rise in EBITDA from continuing operations from £541m to £1.8bn […]

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Spectra Systems received positive responses on the introduction of their machine-readable covert polymer substrate at the Banknote Conference. Spectra Systems focuses on security technology inclusive of both software and materials to be used in gaming, product authentication and banknotes. TruNote and Trutrack are two proprietary products of Spectra Systems. TruNote enables smart phones to detect […]

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Hikma revenues grew 9% from $2.3bn to $2.5bn as core operating profit increased by 12% from $566m to $632m. The EPS remained unchanged and the reported profit which is distributed amongst the shareholders reduced by 2%. Dividend payout for the full year increased by 4 cents. Hikma Pharma also announced a change in their board […]

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Credit Suisse is tied in a new scandal revolving around criminals and illicit funds following the leak of customer data. Credit Suisse has faced scrutiny following the leak of information which showed the bank has provided services to criminals, raising questions about their internal procedures. The Guardian reported the leak of 30,000 clients details highlighted […]

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Genedrive have made headway in rapid point of care molecular tests for Covid-19. Genedrive shares were trading up 20.7% at 17.5p after their update on Wednesday. On Wednesday, Genedrive provided an update which stated that the near patient molecular diagnostics company has entered distribution agreements for their rapid point of care molecular test for Covid-19. Genedrive […]

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Mosman Oil and Gas finished a gas network in East Texas, connecting several leases in the area and enabling sales of gas from the Winter-2 project. Mosman Oil and Gas share price has leaped 25.9% to 0.12p on the news of their project completion to supply gas in East Texas. The Mosman Oil and Gas […]

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OKYO Pharma has been approved for a new patent titled, “Methods and Systems for Designing and/or Characterizing Soluble Lipidated Ligand Agents,” by the USPTO. OKYO Pharma is in the business of finding solutions for ocular pains and diseases. With the use of G-Protein Coupled Receptor (GPCR) Platform technology, OKYO Pharma plans to produce therapies for […]

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Barclays shares were trading up 1.8% at 193.5p in early trade on Wednesday after profits jumped on strong investment banking activity and impairment reversals. Barclays has reported revenue at £21.9b with a 1% increase from last year (£21.7b), as a result of Barclay’s diversified income stream. The Group delivered a record annual profit before tax […]

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4D Pharma receives FDA approval on investigational new drug (IND) applications for two Live Biotherapeutics (LBPs), MRx0005 and MRx0029. 4D Pharma focuses on Live Biotherapeutic products (LBPs) which are derived from microbiomes. The LBPs are in development for the treatment of Parkinson’s disease. With the approval from the FDA, 4D underway to begin first-in-human Phase […]

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Coca-Cola HBC share price was down on Tuesday morning after CCHBC released 2021 earnings. Coca-Cola HBC shares were trading down at 4% despite optimistic yearly report on Tuesday morning. The group’s reported revenues increased by 16.9% helped by 14% volume-growth in their diversified brand portfolio and their strategic developments. Emerging markets were a big driver […]

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Tristel share price fell as much as 17% on Monday afternoon post Half-Yearly report. The market reacted to a disappointing Tristel update, sending their shares sharply lower as earnings fell due to normalisation of purchasing activity by the NHS. Tristel’s reported revenues have dropped 7% as compared to H1 of 2021. This caused a profit […]

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