The food fight between Takeaway and Prosus looks to be gathering pace after the latest bids for takeaway chain Just Eat. Prosus upped its bid from 740p per share to 800p and then Dutch rival Takeaway.com raised its offer from 705p to 900p per share. If the revised Takeaway.com offer is successful, it would leave…
In the wake of last week’s election result, the spectre of a no-deal Brexit is back, casting a shadow over the bank’s share prices. RBS shares fell 2.8 per cent this week, now standing at 247.40p at the time of writing but Lloyds was the biggest faller, dipping 4.9 per cent to 63.92p at the…
The biggest news out of the UK this morning is the resounding election victory of the UK PM Boris Johnson and his Conservative Party, which has guaranteed the Tory party a majority in the UK Parliament and a straight path towards an orderly Brexit. The UK markets are loving this too, as the UK 100…
Fashion brand, Ted Baker, saw its woes deepen as two executives quit this week, sending share prices plummeting by 35 per cent. Chief Executive, Lindsey Page and Executive Chairman David Bernstein both left the beleaguered brand, and this was followed by a string of profit warnings following a dismal Black Friday. Ted Baker’s shares now…
Teen favourite JD Sports had a bad innings this week after majority owner, Pentland, offloaded 24 million shares, causing prices to slump by nine per cent. The shares are still up over 100 per cent for the year to date though, standing at 741.20p, leading some analysts to suggest that the current slum could be…
Online estate agent, Purplebricks saw its share price shoot up and then down again as investors mulled over its latest set of interim results. Now standing at 105p at the time of writing, the shares are up 0.77p but still down from its 157p high this time last year. Its results revealed UK instructions had…