Trump meets FTSE business leaders over breakfast June 4, 2019 Business leaders will sit down for breakfast with US President Donald Trump this morning as part of a bid to strengthen transatlantic relations, as fears over an impending global trade war continue to mount. Representatives from 10 leading companies – five from the UK and five from the US – will break bread at St [...]
Nurofen maker Reckitt Benckiser sticks to targets despite ‘slow start’ to 2019 May 2, 2019 Reckitt Benckiser experienced a “slow start” to the year as like-for-like sales grew just one per cent annually, its chief executive admitted today. Read more: Consumer goods giant Reckitt Benckiser delivers strong sales growth Home hygiene products grew three per cent year on year for the first three months of 2019 to outperform flat like-for-like [...]
Unilever: Why there’s lots to like about this FTSE 100 star April 25, 2019 By Graeme Evans from interactive investor. These first quarter numbers have been well received, and this market favourite still has lots to go for. Unilever (LSE:ULVR) shares surged to within a few pence of a record high last week as first-quarter trading figures heightened focus on whether this defensive and reliable dividend payer can offer [...]
Best 25 stocks in the last tax year April 15, 2019 By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Indivior share price crashes 70 per cent after allegations of fraudulent drug marketing scheme April 10, 2019 Shares in FTSE 250-listed drug company Indivior crashed 70 per cent this morning after it was hit with a US indictment containing 28 felony counts last night. Its shares were down 70 per cent at 31p this morning. Reckitt Benckiser, its former parent company, saw its shares slide six per cent to 6,014p. Read more: Indivior [...]
Nine UK shares that tick all of Warren Buffett’s boxes March 26, 2019 By Kyle Caldwell from interactive investor. Looking for equity-based ISA inspiration? We run through the investment checklist of the Berkshire Hathaway chairman to identify UK shares that pass his stockpicking rules. American investor Warren Buffett is to the world of investment what Lionel Messi is to football: the greatest of his generation in the profession [...]
Consumer goods giant Reckitt Benckiser delivers strong sales growth to end year February 18, 2019 Consumer goods giant Reckitt Benckiser delivered better-than-expected sales growth in the fourth quarter led by strong performances from its health and hygiene businesses. The figures Revenue in the fourth quarter rose two per cent to £3.34bn when compared with the same period in 2017. A four per cent like-for-like sales growth for the quarter beat [...]
Reckitt Benckiser CEO announces plan to retire at the end of 2019 January 16, 2019 Reckitt Benckiser chief executive Rakesh Kapoor is set to retire at the end of 2019, the firm announced today, leading it to launch a formal search for its next boss. The maker of Nurofen and Clearasil said it is looking at both internal and external candidates to succeed Kapoor, as shares dropped by three per [...]
FTSE 100 ends its worst year since the financial crash in the red December 31, 2018 The UK's FTSE 100 blue-chip index ended its worst year since the 2008 financial crisis in the red, as a strong pound pulled down exporter shares. The FTSE 100 lost 0.1 per cent in trading on the last day of 2018, while the FTSE 250 added 0.2 per cent after a rally on Friday when they both closed [...]
Cillit Bang maker Reckitt Benckiser shares dive after ‘self-inflicted’ wound hits sales October 30, 2018 Shares in Cillit Bang maker Reckitt Benckiser Group (RB) tumbled over four per cent today as it reported lower sales for its third quarter. The maker of Durex condoms, Gaviscon and infant food brand Mead Johnson Nutrition (MJN) blamed the miss on production problems at a European baby formula factory. Like-for-like sales rose two per cent year [...]