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Investment news, articles and videos from TheStreet's team of financial and investing experts. Find financial news, advice, stories and the latest stock market updates.
Shore Capital holds 12.8% of UK Oil and Gas (LON: UKOG) and this follows the repayment of the convertible loan facility provided by RiverFort Global Opportunities and YA II PN. The share price jumped 69.4% to 0.0305p. Fully listed Thalassa Holdings (LON: THAL) has taken a 9.94% stake in Surgical Innovations (LON: SUN) and the […]
Financial management software developer Aptitude Software (LON: APTD) is going through a period of transition as it moves to a service-based revenue model with its new software. The fully listed company has strong prospects over the medium-term. The current core product is AccountancyHub, but the newest product is Fynapse. So far it has four clients […]
It was interesting to note that Octopus Investments has this week upped its stake in hVIVO (LON:HVO), the company that operates the world’s largest commercial human challenge trial unit. The investment group now holds 7.61% of the group’s equity, having increased its stake by 72% to a total of 51,804,020 shares. Last Tuesday some 49,372,402 […]
Rightmove—the UK’s largest property portal—reported revenue increased by 7% to £192.1 million in the first half of 2024, up from £179.5 million in the same period last year. The earnings uplift was helped by the UK housing market making a tentative recovery. Operating profit rose by 2% to £131.6 million, whilst underlying operating profit saw […]
NetWest has increased its dividend by 9% despite profit and income falling in the half-year and quarter periods ending June 30th compared to a year ago. However, a second-quarter rebound provided a source of optimism. Yesterday, we reported that Lloyds earnings are often a barometer for UK banking earnings as they tend to report first. […]
Spot gold dropped 1% to $2,372.74 per ounce and U.S. gold futures declined 2.1% to $2,366.00 Gold prices dropped 1% on Thursday as investors booked profits ahead of U.S. economic data that could offer more cues on when the Federal Reserve will cut interest rates this year and by how much. Spot gold dropped 1%