MARKET REPORT: Primark’s owner backed by Wall Street big guns

MARKET REPORT: Primark’s owner backed by Wall Street big guns – analysts say it is best placed to deal with ‘perfect storm’ facing retail sector By John Abiona For The Daily Mail Published: 21:50 GMT, 2 December 2022 | Updated: 21:50 GMT, 2 December 2022 Primark owner AB Foods topped London’s premier index yesterday after … Read more

MARKET REPORT: Sausage maker’s shares sizzle amid merger mania

MARKET REPORT: Sausage maker’s shares sizzle amid merger mania – Devro rockets following bid from one of Germany’s largest agricultural groups By John Abiona For The Daily Mail Published: 21:50 GMT, 25 November 2022 | Updated: 21:52 GMT, 25 November 2022 Investors were given an end-of-week boost amid a slew of takeovers on the London … Read more

MARKET REPORT: S4 Capital bounces back after dismal few days

MARKET REPORT: Sir Martin Sorrell offered some respite as his digital advertising company S4 Capital bounces back after dismal few days By John Abiona For The Daily Mail Published: 16:51 EDT, 1 April 2022 | Updated: 03:07 EDT, 2 April 2022 Sir Martin Sorrell was offered some respite yesterday as S4 Capital bounced back following … Read more

MARKET REPORT: Legal victory delivers goods for Ocado investors

Ocado shares were in demand as the company celebrated a victory in its ongoing legal battle with Norwegian rival AutoStore.  The grocery delivery group rose more than 10 per cent in early trading before closing up 1.1 per cent, or 13p, to 1195.5p after the US International Trade Commission (ITC) ruled in favour of Ocado … Read more

MARKET REPORT: Wickes shares surge on profit forecast

MARKET REPORT: Wickes shares surge after the home improvement retailer ups its profit forecasts for the third time By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 3 December 2021 | Updated: 08:38 GMT, 4 December 2021 Wickes shares surged after the home improvement retailer upped its profit forecasts for the third time.  The … Read more

MARKET REPORT: Fintech firm Mode Global tanks

Fintech firm Mode Global, which offers cashback in the form of bitcoin cryptocurrency, tanked after an awkward clarification of its relationship with several UK retailers.  The shares surged on Thursday after it announced that more than 40 retailers would participate in its cashback scheme, naming Ocado, Homebase and Boots.  However, the stock plunged 12.5 per … Read more

MARKET REPORT: Chelsea owner has millions wiped off fortune

Chelsea owner Roman Abramovich saw millions wiped off his fortune as shares in his Russian steel and mining group Evraz sank following a drop in sales.  The Russian-Israeli billionaire, who is the company’s largest shareholder with a 28.6 per cent stake, lost around £40.1m after the stock fell 1.5 per cent, or 9.6p to 628.2p.  … Read more