Shares & trading

News on FTSE-listed companies, from results to brokers' views

Mulberry shareholders could face 75 per cent loss

Mulberry shareholders could face 75 per cent loss

12 Jun 2013

A senior analyst has warned that recent turmoil at luxury group Mulberry (LON:MUL) could send its share price back to levels last seen in 2010, implying investors could suffer losses of around 75 per cent.

Sainsbury’s set to ‘go for the jugular’ and surpass Asda within a year

Sainsbury’s set to ‘go for the jugular’ and surpass Asda within a year

12 Jun 2013

The UK’s third largest supermarket, Sainsbury’s (LON:SBRY), has been tipped to claim second place in 2014 after revealing a rising market share and a 34th consecutive quarter of sales growth.

EADS shares tipped by hedge fund to take flight from Paris Air Show

EADS shares tipped by hedge fund to take flight from Paris Air Show

11 Jun 2013

A hedge fund has bet that aerospace conglomerate EADS (EPA:EAD) will soar after a major trade show next week.

Charles Stanley's profits hit by 'unfair' FSCS levy

Charles Stanley's profits hit by 'unfair' FSCS levy

11 Jun 2013

Investment firm Charles Stanley has revealed that pre-tax profits increased 7 per cent to £9.1 million in the 12 months to 31 March, but it saw post-tax profits dip as a result of a £1.9 million Financial Services Compensation Scheme (FSCS) levy.

Leading biotech investor: the companies developing the next blockbuster drugs

Leading biotech investor: the companies developing the next blockbuster drugs

10 Jun 2013

A highly successful fund manager focused on biotechnology groups has revealed his expectations for which firms will profit from the next generation of market-leading treatments.

Severn Trent shares plunge as takeover heads down the drain

Severn Trent shares plunge as takeover heads down the drain

10 Jun 2013

Shares in British water company Severn Trent (LON:SVT) fell 5.8 per cent to £19.50 on Monday, more than any other FTSE 100 company, after Longriver Consortium threatened to pull its takeover bid.

Johnson Matthey shares soar despite profit downturn

Johnson Matthey shares soar despite profit downturn

6 Jun 2013

Speciality chemical company Johnson Matthey (LON:JMAT) led the FTSE 100 on Thursday as its shares rose over 7 per cent to £27.71, despite reporting lower full-year profits.

Nagging doubts over Tesco recovery as UK sales slide

Nagging doubts over Tesco recovery as UK sales slide

5 Jun 2013

Tesco reported a 1 per cent fall in UK sales during the first three months of the year, casting doubts over the effectiveness of the firm's £1 billion revamp.

Crumbling European markets dent Wolseley despite profit uptick

Crumbling European markets dent Wolseley despite profit uptick

4 Jun 2013

FTSE 100 building materials supplier Wolseley (LON:WOS) saw its share price plunge  nearly 4 per cent on Tuesday as revenues fell sharply in Europe.

AstraZeneca takes £90 million hit after new drug disappointment

AstraZeneca takes £90 million hit after new drug disappointment

4 Jun 2013

Pharmaceutical giant AstraZeneca (LON:AZN) has confirmed that it will not proceed with a new rheumatoid arthritis treatment following disappointing results from a clinical trial.

Apple bonds: Don’t forget the company almost went bust

Apple bonds: Don’t forget the company almost went bust

30 May 2013

An analyst has expressed scepticism over the enthusiasm for Apple’s (NASDAQ:AAPL) bonds, after the tech giant tempted investors to hand it more than £11 billion last month.

Severn Trent quiet on takeover bid as profits dip

Severn Trent quiet on takeover bid as profits dip

30 May 2013

British water company Severn Trent said pre-tax profit fell 3.3 per cent to £266 million in the 12 months to 31 March, but was silent on the possible re-submission of a takeover bid it rejected earlier in May.

Higher UK water prices boost United Utilities' profits

Higher UK water prices boost United Utilities' profits

23 May 2013

United Utilities (LON:UU), the UK's largest listed water company, reported an 8.7 per cent hike in pre-tax profits to £305 million in the 12 months to 31 March 2013.

IMF calls on banks to cut dividends

IMF calls on banks to cut dividends

22 May 2013

The International Monetary Fund (IMF) has argued that British banks are still insufficiently capitalised, urging them to shore up their balance sheets by slashing dividends or diluting existing shareholders’ equity.

Vodafone set to lose Verizon Wireless ‘within 12 months’

Vodafone set to lose Verizon Wireless ‘within 12 months’

22 May 2013

US telecoms giant Verizon (NYSE:VZ) will acquire Vodafone’s (LON:VOD) stake in subsidiary Verizon Wireless ‘within 12 months’, according to a senior investor.

Ryanair reports record profits despite rising costs

Ryanair reports record profits despite rising costs

20 May 2013

Profits at low-cost airline Ryanir (LON:RYA) rose 13 per cent to a record breaking €569 million (£481 million) in the twelve months to 31 March 2013, despite rising operating costs.