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News
South32 keeps building its copper reserves
2+ week, 3+ day ago (346+ words) Audio generated using AI technology Share price: 280p, IC View: Hold Final dividend more than doubles Mine life extended at Sierra Gorda South32 (S32) reported a sharp rise in cash profits for the 2026 financial year, but adjusted earnings came up short of consensus…...
Big Tech has a herding problem
1+ mon, 2+ day ago (516+ words) In August last year, The Squeeze was worried that ‘Big Tech’ was suffering from a herd mentality. All of them – except Apple – were investing almost indiscriminately in AI data centres. Some of them had better reasons than others, but billions…...
Legal & General’s private markets push boosts profits
1+ mon, 1+ week ago (519+ words) Core EPS guidance upped Workplace pension assets climb by 27 per cent Legal & General (LGEN) delivered better than expected profits in its first half and raised its annual earnings guidance on double-digit growth at its asset management arm, but the FTSE…...
Segro shareholders divided over its £14bn dilemma
1+ mon, 2+ week ago (9+ words) Investors' Chronicle...
Mercia weighs sale of whole direct investment portfolio
2+ mon, 1+ week ago (110+ words) Investors' Chronicle Further £3mn buyback this year Valuation discount to NAV Mercia Asset Management (MERC) shares dropped 6 per cent after the Aim-traded private capital asset manager pushed back the timeline for portfolio realisations of its direct investments. The group had been…...
British American Tobacco and BT: Markets live
2+ mon, 2+ week ago (328+ words) British American Tobacco (BATS) is reportedly slashing up to 9,000 roles globally as part of its three-year restructuring programme. Bloomberg reported that the tobacco giant, which is currently grappling with falling demand for conventional cigarettes, launched its ‘Fit2Win’ overhaul last year to…...
How to profit from London’s most-shorted stock
3+ mon, 1+ day ago (917+ words) Audio generated using AI technology No company aspires to top London’s short interest table – the list of companies whose shares major investors have bet against. Alongside those with a negative view of a company, lenders sometimes take short positions as…...
Molten Ventures benefits from portfolio maturity
3+ mon, 3+ day ago (126+ words) Audio generated using AI technology All realisations struck at or above holding value NAV up by 13 per cent to 760p a share Molten Ventures (GROW) recorded a drop in fee income in FY2026, but statutory profits and cash flows benefited from £120mn of…...
Supermarket stocks brush off price cap threats
3+ mon, 2+ week ago (912+ words) Audio generated using AI technology The UK’s dominant grocer, Tesco (TSCO), looks best placed to balance market share with rising food inflation, as mooted food price caps in UK supermarkets renew the focus on the pressures facing the industry. Grocery…...