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RentGuarantor Shares Jump on Bumper Trading Update

RentGuarantor Holdings (LON: RGG), which provides rent guarantee services to tenants and landlords, saw its shares jump on Wednesday after an unaudited trading update revealed revenue up 472% and a swing to profit for the eight months to 31 August

Cottages
Asktraders News Team
Cairn Homes Shares Hit High as EPS Jumps 82% in H1

Cairn Homes (LSE: CRN), the Irish housebuilder, saw its shares jump to a fresh 52-week high after reporting an 82% rise in first-half earnings per share and a 60% increase in revenue, prompting an upgrade to full-year guidance.The stock ope

Rows of newly built houses on a Cairn Homes residential development
Asktraders News Team
Kelso Group NAV Per Share Jumps 43% to 3.3p as Concentrated Bets Pay Off

Kelso Group Holdings (LON: KLSO), a small Main Market investment vehicle that runs a concentrated portfolio of UK-listed "best ideas", said its unaudited net asset value per share rose 43% to 3.3p in the eight months to 31 August, up from around 2

Investment planning concept with compass and coins
Asktraders News Team
Wednesday Morning Markets: FTSE Slips as US-Iran Tensions Weigh

London's blue-chip index is trading lower on Wednesday morning, with the FTSE 100 down 0.3% and the mid-cap

Sam Boughedda
Gresham House Storage Fund NAV Jumps 15.8% on Project Revaluation

Gresham House Energy Storage Fund (LON: GRID), the UK's largest listed fund investing in utility-scale battery storage, said net asset value per share rose 15.8% to 131.30p at the end of June, sending shares to a new 52-week high in early trade. GRI

Top-down aerial view of a battery energy storage facility with organised rows of storage units, representing Gresham House Energy Storage Fund infrastructure
Asktraders News Team
TT Electronics Shares Jump as on Strong Profit Growth, Guidance Upgrade

TT Electronics (LSE: TTG) shares surged over 11% early on Wednesday after the electronics manufacturer posted a strong set of half-year results and lifted its full-year guidance, encouraging investors that a year-long turnaro

Asktraders News Team
Avon Technologies Wins $20.3m US Combat Helmet Order

Avon Technologies (LON: AVON), the UK-listed maker of military and law-enforcement protective equipment, said its Team Wendy Ceradyne unit has received a $20.3m delivery order from the US Defense Logistics Agency for ACH GEN II combat helmets.

Avon Protection (LON: AVON)
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BP Confirms Ian Tyler as Permanent Chair; Shares Tick Higher

BP shares edged up on Wednesday after the oil major confirmed Ian Tyler as its permanent Chair, ending months of speculation over the top boardroom role. Shares in the FTSE 100 group rose around 0.4% to roughly 543.6p in earl

Asktraders News Team
Halma Acquires US Water Quality Specialist Pyxis for Up to £148m

Halma plc (LON: HLMA), the FTSE 100 group of life-saving technology companies, saw its shares tick around 1% higher on Wednesday after announcing the acquisition of Pyxis, a specialist provider of water quality monitoring and

Halma Office
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Analyst Names 2 UK Energy Stocks to Play Grid Overhaul

In a recent article Hargreaves Lansdown highlighted National Grid (LON:NG) and SSE (LON:SSE) as two ways to gain exposure to the UK's electrification drive, as the country grapples with electricity bills that remain among the

National Grid
Sam Boughedda
BofA Splits UK Bank Views, Upgrades Lloyds and Downgrades Barclays

Bank of America shifted its stance on two of Britain's largest lenders on Tuesday, upgrading Lloyds Banking Group (LON: LLOY) to Buy from Neutral while downgrading Barclays (LON: BARC) to Neutral from Buy, in a move the firm

Asktraders News Team
Unite Group Shares Slide as Morgan Stanley Cuts Stock to Equal Weight

Shares in Unite Group fell as much as 4% on Tuesday after Morgan Stanley downgraded the student accommodation landlord to Equal Weight from Overweight, even as the US bank left its price target unchanged at 600 pence.

float rotation
Asktraders News Team
WPP to Cut Up to 1,000 More Jobs by Year-End, FT Reports

WPP, Britain's largest advertising group, plans to cut up to 1,000 additional jobs by the end of the year as it accelerates a sweeping restructuring under new chief executive Cindy Rose, the Financial Times reported.

WPP Office
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Reckitt Shares Jump as Mead Johnson Wins First NEC Trial

Shares in Reckitt Benckiser (LON: RKT), the consumer health and hygiene group behind Dettol, Nurofen and Enfamil infant formula, surged  in London trading after its Mead Johnson unit was cleared by a federal jury of liability over a premature baby's

Reckitt Dettol gel
Asktraders News Team
Tuesday Morning Markets: FTSE Slides as US-Iran Strikes Dent Sentiment

London shares are lower on Tuesday morning, with the FTSE 100 down 0.4% and the more domestically-focused FTSE 250 off 1.1%, as investors weighed a fresh US-Iran military clash against a renewed global bond selloff.

Sam Boughedda
Bunzl Shares Jump After Strong H1 Results, Upgraded Guidance and £500m Buyback

Shares in Bunzl (LON: BNZL), the international distribution and services group, rose over 2% on Tuesday to around 2,858p after the company published half-year results that beat expectations and prompted an up

Asktraders News Team
Epiris Agrees £1.02bn Takeover of Gamma Communications

Gamma Communications plc (LON: GAMA), the FTSE 250 business communications provider, confirmed on Tuesday a recommended cash offer from Bradbury Bidco Limited, a vehicle backed by private equity firm Epiris,

Handshake of businessmen
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DNO Tops Genel’s Bid, Wins Capricorn Board’s Backing

Norway's DNO ASA has gatecrashed Genel Energy's agreed takeover of Capricorn Energy (LON: CNE), tabling a higher recommended cash offer of 384p a share and forcing the Egypt-focused explorer's board to switch its recommendation.Capricorn sh

Offshore jack-up oil drilling rig 'Ocean Sovereign' at sea with a support vessel nearby, representing oil and gas exploration operations.
Asktraders News Team
Bodycote Shares Jump as Veritas Agrees £1.64bn Takeover

Shares in Bodycote (LON: BOY) surged on Tuesday after the specialist thermal processing group agreed to a recommended cash takeover by Vulcan Alpha Bidco Limited, a vehicle owned by US private investment firm

Bodycote facility
Asktraders News Team
Frasers Group Signals Push Past 50% in Hugo Boss, Reviews Support for Chairman

Frasers Group plc (LON: FRAS) shares edged lower on Tuesday after the Mike Ashley-founded retailer confirmed plans to deepen its stake in German fashion house Hugo Boss AG, while also revealing it is reconsidering its backing

Asktraders News Team
GENinCode Shares Surge After Independent Trial Backs Genetic Test

Shares in GENinCode (LON: GENI), the Manchester-based predictive genetics company, surged as much as 18% in early trade today after independent pilot data on its cardiovascular test won backing at a major European cardiology conference. The stock op

A doctor holding a stethoscope with a heart rate and cardiovascular health graphic overlay, symbolizing cardiac health testing
Asktraders News Team
Borders & Southern Shares Fall Despite Farm-Out Progress Update

Borders & Southern Petroleum (LON: BOR), the AIM-listed oil explorer holding licences in the South Falkland Basin, saw its shares fall sharply on Friday even as it confirmed advanced farm-out talks over its Darwin discovery. The stock dropped

Offshore oil platform standing on orange support pillars in open ocean under a clear sky
Asktraders News Team
Jarvis Securities Shares Slump as Stockbroking Unit Sale Collapses

Jarvis Securities (LON: JIM), the Tunbridge Wells-based stockbroking and platform group, saw its shares fall 12.5% today after the sale process for its core subsidiary collapsed with no offers received, leaving the business facing a wind-down and

Jarvis Securities company logo on a dark background
Asktraders News Team
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