Paper and packaging specialist DS Smith has reported that revenues for the year ended 30th April rose by 21% to £5.76 billion through a combination of organic growth in all regions and the impact of recent acquisitions.
Stenprop, a property investment trust that is listed in South Africa, has recently started trading on the London Stock Exchange. The shares are yielding around 5.5% and trading on a double digit discount to NAV.
Shares in AIM-listed drug discovery outfit hVivo had shot upwards by 30.96% to 25p at 1345 BST after the company announced positive results from Phase IIb field testing.
Clydesdale and Yorkshire Bank owner CYBG has announced that it has made an approved all-share offer for Virgin Money.
Shares in FTSE 250 pharmaceutical firm Invidior have plunged after the US Food and Drug Administration granted approval to rival drugmakers to launch generic versions of Suboxone.
Supermarket chain Tesco saw 1.8% group like-for-like growth during the 13 weeks ended 26th May, with the relatively recently acquired Booker portfolio growing by 14.3%.
Master Investor attended the 2018 NEX exchange Small Cap awards on 14th June, hosted by Peter Dickson, the UK’s most prolific voiceover artist at The Montcalm Hotel.
Last week, President Trump was accused of starting a trade war, but Victor Hill asks whether the war has been taking place in the background for years and whether these actions will help redress the West’s trade position with China.
Robert Stephens considers the income prospects of two UK retail stocks for long-term investors.
Independent diamond miner Petra Diamonds saw its shares drop by 23.58% to 56.55p at 1250 BST after the company issued 332 million new shares this morning.
