Micro Focus shares are almost 10% off-side this morning after its first set of results since completing the HPE Software acquisition. Whilst H1 financials themselves failed to live up to City expectations – both MF and HPE growth undershot – there is good news in the form of a 16% dividend hike and looming US…
5 Jan Digital Look (Link) Mike van Dulken, head of research at Accendo Markets, said: “The shares had been topping out since Wednesday, following a 25% 6-week rebound. The real driver for this morning’s down move may in fact be last night’s news of a delay to the UK defence review while solutions are sought for a…
It’s been a fantastic start to the new year for Accendo Markets’ equity trade ideas. Market sentiment remains as positive as it did into Christmas and the global equity rally has continued with gusto, supported by solid macro data and geopolitical uncertainty failing to concern, merely extending an already impressive Santa Rally on both sides of…
Just four days into the new year, the UK’s blue chip index has already been launched to its highest ever level, notching a couple of closing highs and venturing above 7700 for the very first time in the process. And whilst four days of trading might not provide a complete guide to the year ahead,…
Ultra Electronics is our UK Index loser this morning (-7.2%) down sharply in an otherwise quiet yet buoyant market. Whilst there may be an element of negative read across from current chipmaker woes, after revelation of a security oversight that makes a wide range of computers and smartphones vulnerable to hacking, we note limited weakness…
The Next share price roller-coaster continues. Hold on tight! The shares have gapped sharply higher this morning as investors embrace a better-than-expected Christmas trading update which allowed management to upgrade guidance. This is understandably helping shares of fellow UK retailers from whom we await similar festive trading updates in the days and weeks to come….