MARKET REPORT: Shares in Ocado ripe for more gains

The recent boom in online grocery sales will bring long-term gains for Ocado, Berenberg analysts believe.  Ocado has been one of the few winners on the stock market during the recent rout – with shares up 50 per cent so far this year – as shoppers shunned stores and turned to deliveries amid the coronavirus … Read more

MARKET REPORT: AO World soars as it plugs in to lockdown demand

Britons keen to curl up in front of the TV and bake their own sourdough during lockdown boosted sales at appliances retailer AO World. Demand rose for every category of product it sells, from games consoles and speakers to freezers and vacuums. As boss John Roberts said: ‘There has been a new appreciation for anything … Read more

Property market will reopen TODAY… but estate agents are advised to stick to online viewings

You CAN move home: Property market will reopen TODAY… but Housing Secretary Robert Jenrick advises estate agents to stick to online viewings Around 450,000 home buyers and renters have been in limbo since late March Housing Secretary Robert Jenrick told estate agents they can reopen today  He said the housing market is ‘one of the … Read more

Property market will reopen TOMORROW… but estate agents are advised to stick to online viewings

You CAN move home: Property market will reopen TOMORROW… but Housing Secretary Robert Jenrick advises estate agents to stick to online viewings Around 450,000 home buyers and renters have been in limbo since late March Housing Secretary Robert Jenrick told estate agents they can reopen tomorrow  He said the housing market is ‘one of the … Read more

Walt Disney’s ‘Technicolor Dream House’ goes on the market for $1m

A colorful home built for Walt Disney and his wife next to a golf course has emerged on the market. The quirky property in Palm Springs, California, was built for the famous entrepreneur and animator in 1962 and became known as his ‘Technicolor Dream House’. The single-storey house, which still has some original features from … Read more

MARKET REPORT: Hiscox raises £375m to ride out Covid-19 storm

Investors cheered as Hiscox netted £375million by selling new stock to help ride out the coronavirus crisis.   The Lloyd’s of London insurer was one of the top risers on the FTSE 250 after placing the 57.6m shares, priced at 650p. This was 6 per cent cheaper than its share price the day before the fundraising … Read more

MARKET REPORT: Tech veteran’s swoop on Saatchi boosts firm’s fortunes

Shares in M&C Saatchi surged by more than a quarter after a tech industry veteran took a hefty stake in the advertising network. Serial investor Vin Murria bought 13.25 per cent of the AIM-listed company’s shares on April 30, according to a stock market announcement yesterday. Murria is an adviser at Hgcapital, was previously chief executive … Read more

MARKET REPORT: Carnival has sinking feeling over US probe

MARKET REPORT: Cruise operator Carnival loses more steam after US Congress looks into how it handled coronavirus outbreak on its ships By Francesca Washtell For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 Cruise operator Carnival lost more steam after the US Congress began looking into how … Read more

Former Sky Sports presenter Simon Thomas puts listed four-bedroom riverside home on the market

Former Sky Sports host Simon Thomas has put the sprawling riverside home he shared with his late wife Gemma on the market for £895,000. The presenter, 47, is selling the estate in Caversham, Reading where he lived with his wife and their son Ethan, 10, until her death in November 2017.  The pair tied the knot … Read more

Elon Musk’s tweet caused Tesla’s market value to tank by $14 billion

Tesla CEO Elon Musk is on unclear legal footing after his bizarre Twitter rant sent stocks of the electric car company in a freefall, wiping $14 billion from the company’s market capitalization and $3 billion from Musk’s net worth. ‘Tesla stock price is too high imo,’ Musk tweeted on Friday, before going on to vow to sell off … Read more