Property developer The Berkeley Group earned pre-tax profits of £934.9 million during the year ended 30th April but the company warned that it expected profits to drop by around 30% following 2018/2019.
Clothing retailer Sports Direct International has announced that it has bought an additional 8.6% stake in US outfit Iconix Brands.
Department store chain Debenhams has warned that trading in May and early June has been below plan as the company struggled in key markets and its rivals increased discounts.
AIM-listed regional airline Flybe has reported losses before tax of £9.4 million for the year ended 31st March, including £11.1 million in non-cash revaluation gain on aircraft loans.
Industrial equipment rental outfit Ashtead Group saw revenues rise by 20% during the year ended 30th April as the company’s US operations benefited from demand linked to major hurricane clean-up efforts.
Direct Property investment companies that provide a ready-made exposure to a diversified portfolio of commercially-let premises. Nick Sudbury takes a look at some of the best options.
If you wanted to invest in a safe and stable company with the aim of receiving a reliable dividend today, plus good prospects for dividend growth tomorrow, an obvious choice would be BT (LON:BT.A). From a dividend investor’s point of view, what’s not to like? The company has paid a dividend every year since 1985…
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.
