We chatted to IronRidge Resources' CEO Vincent Mascolo who explains why the company has become a lithium explorer. Watch the video here.
A flurry of blue-chip company announcements and upcoming policy decisions by the Bank of England (BoE) and European Central Bank (ECB) kept investors cautious on Thursday morning, with UK stocks trading in the red early on. The FTSE 100 was down 0.3% at 6,517, having jumped 1.3% to the previous sess
Shares of Marks &Spencer rose sharply following its first-half results on Wednesday, pushing the company's forward price-to-earnings multiple to just over 13, from just over 12, writes the Financial Times' Lex column. The reason for that, tellingly, is that many analysts did not revise their full-ye
* H1 underlying profit 268 mln stg vs forecast 252 mln * Raises general merchandise full-year gross margin forecast * Lowers full-year cost growth forecast * Q2 non-food like-for-like sales down 4 pct, food up 0.2 pct * Shares climb 9.7 pct (Adds detail, CEO, analyst, fa
Markets shrugged off fresh economic woes and gold price falls on Wednesday, helped by positive news from retailer Marks & Spencer (M&S). Continental European service sector data came in weak and UK service data also surprised on the downside, slowing to a 17-month low in October. Fears that the dec
* H1 underlying profit 268 mln stg vs forecast 252 mln * Raises general merchandise full-year gross margin forecast * Q2 non-food like-for-like sales down 4 percent * Shares rise more than 8 percent (Adds detail, investor comment, shares) By James Davey LONDON, Nov
Marks & Spencer's shares surged on Wednesday after the retailer impressed with a surprise increase in first-half profits, and while the market welcomed the bottom-line beat analysts raised concerns with a continued underperformance in clothing sales. Analysts at Numis Securities maintained a 'hold'
Strong gains from Marks & Spencer, Meggitt and Associated British Foods drove the UK stock market higher on Wednesday, as investors shrugged off some disappointing global economic data. Services purchasing managers' indices (PMIs) in China, the UK and Eurozone all weakened, showing that activity gro
Associated British Foods: Exane raises target price from 3600p to 3700p, keeping its outperform rating. Citi reduces target price from 3200p to 3100p, while upgrading to buy. AVEVA: Liberum Capital reduces target price from 1500p to 1400p and keeps a hold recommendation. Investec reduces target pric