The UK’s richest man Alisher Usmanov has reportedly invested $100 million in buying Apple shares in a belief that the current drop-offs represent a good time to buy. In an interview he noted that ‘nothing is eternal’ in reference to Apple’s recent market capitalisation slump and claimed that Apple is an interesting investment for the [...]

Dividends paid out by UK-listed companies fell by nearly a quarter during the first quarter of 2013, Capita Registrars Dividend Monitor has revealed. First quarter dividends fell from £18.8bn in 2012 to £14.1bn in 2013, however the fall in dividends was largely as a result of special dividends not being repeated in the first quarter [...]

Fund managers are predicting that US equities will be the star performers of 2013, new research from Fidelity Personal Investing has shown. The research was conducted with 13 fund groups including AXA Framlington, Aviva Investors and HSBC Global Asset Management. Richard Lewis, Head of Global Equities, Fidelity Worldwide Investment, summarises the view that the US [...]

The Microsoft share price tumbled by its highest one-day percentage in over a year (4.4%) as Goldman Sachs issued a sell rating on its shares. An analyst from Goldman Sachs downgraded Microsoft’s shares from a neutral to a sell, following a belief that the software producer is finding it difficult to gain momentum within the [...]

Polymetal’s profits were up by 38% during 2012, as the gold and silver producer saw its share price topping the FTSE 100 risers board on Monday (mid-day). Revenue for the company was also up by 40% – achieving a revenue total of $1.85 billion for the year. The company attributed its profit increase to increased [...]

The FTSE 100 ended Tuesday up by 1% (78.92 points) as easyJet topped the FTSE 100 risers board with a a 48p increase in its share price ahead of its Friday trading update. The budget airline is expected to further repeat the rewards of holidaymakers looking to escape the cold weather of Britain. Elsewhere, Vodafone [...]

The proposed Toys R US IPO has been cancelled after the toys retailer reported a fall in quarterly sales and a large-scale fall in net profit. According to a filing with the U.S Securities and Exchange Commission, Toys R Us noted that it has “determined not to pursue (the IPO) at this time.” News Source: [...]

Morrisons shares helped boost the FTSE 100 to a near 21 point gain following a broker upgrade on its shares. Analysts at Citi, boosted their recommendation on Morrisons shares from neutral to buy: “Morrisons has the strongest economic model of the three listed UK operators with higher combination of asset turn and margin. Over the [...]

The Nike share price reached an all-time high of 59.93 on Friday, following an 11 percent surge in its share price. Analysts from Credit Suissee have put a target price of $60.00 on Nike shares, following impressive results: “Nike delivered solid results across a number of key areas, suggesting that a return to the target [...]

Mulberry’s share price fell by as much as 15 percent on Friday as the fashion house issued a profit warning: ‘Retail sales over the Christmas period were generally in line with expectations.However trading across the retail portfolio during the last 10 weeks has been disappointing, including a reduction in tourist spending in the London stores.’ [...]