Elliott Management takes 5% stake in Scottish Mortgage
22nd Mar 2024 12:28
(Sharecast News) - US activist investor Elliott Management has taken a 5% stake in Scottish Mortgage Investment Trust.
Read moreLondon close: Stocks finish mixed after Reckitt compo blow
15th Mar 2024 15:07
(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.
Read moreScottish Mortgage Investment Trust to spend up to £1bn on buybacks
15th Mar 2024 08:32
(Sharecast News) - Scottish Mortgage Investment Trust announced on Friday that it had made available at least £1bn for share buybacks over the next two years, following strong operational results from its public and private portfolio.
Read moreScottish Mortgage NAV underperforms market in H1
6th Nov 2023 10:47
(Sharecast News) - Investment trust Scottish Mortgage told investors on Monday that it was confident of its long-term outlook despite reporting a drop in net asset value over the first half of the year.
Read moreScottish Mortgage chair steps down
21st Mar 2023 08:55
(Sharecast News) - Investment trust Scottish Mortgage revealed on Tuesday that chairwoman Fiona McBain will step down following the group's annual general meeting.
Read moreSunday share tips: Restaurant Group, Alnwick Garden Trust, Scottish Mortgage
8th Mar 2020 20:56
(Sharecast News) - The Sunday Times's Sabah Meddings told readers that shares of Restaurant Group were best avoided given the issues surrounding its legacy operations.
Read moreNewcomers eye promotion in FTSE 100 index reshuffle
28th Nov 2016 08:41
(ShareCast News) - Irish packaging group Smurfit Kappa, newly listed medical product company ConvaTec Group and online car retailer Auto Trader could make the leap into the FTSE 100 benchmark on Wednesday as part of the quarterly FTSE Russell index reshuffle. Making way could be precious metals prod
Read moreThursday newspaper share tips: Marston's, Greene King, Monks
13th Oct 2016 14:41
(ShareCast News) - Investors' worries about the impact which inflation will have on Marston's and Greene King are overstated and the shares are cheap, The Times's Tempus said. They are well-positioned in the market, well-funded relative to their peers and their brewing operations are proving success
Read moreScottish Mortgage NAV, earnings down; dividend up
13th May 2016 07:33
(ShareCast News) - Scottish Mortgage Investment Trust said it made a full year £6.6m loss on investments against a £747.8m gain a year earlier as turbulent equity markets hit share prices. Earnings per share fell 26% to 1.66p while net asset value was down to 263.8p a share from 268p. Pre-tax net l
Read moreScottish Mortgage Investment Trust posts drop in earnings
6th Nov 2015 08:45
(ShareCast News) - Scottish Mortgage Investment Trust has posted a 24.1% drop in earnings per share in its interim results, and warns the trend is expected to continue. The FTSE 250 investment firm posted its results for the six months to 30 September on Friday. Earnings per share were 1.23p over t
Read moreFormer investment banker to join Scottish Mortgage Investment Trust
14th Jul 2015 10:26
(ShareCast News) - Scottish Mortgage Investment Trust has appointed Justin Dowley to its board. The FTSE 250 firm said Dowley would join as a non-executive director. Dowley has been head of Investment Banking at Merrill Lynch Europe, a director at Morgan Grenfell and a founding partner of Tricorn P
Read moreScottish Mortgage Investment Trust posts annual earnings growth
1st May 2013 08:57
Scottish Mortgage Investment Trust reported strong annual earnings results boosted by non-recurring dividends most notably from its holding in Polish copper miner KGHM. Earnings per share totalled 15.59p for the year to March 31st, compared to 13.07p in 2012. However, the group expects the follow
Read moreScottish Mortgage sees NAV fall, but earnings rise
26th Oct 2012 08:11
Scottish Mortgage Investment Trust, the FTSE 250-listed trust run by investment manager Baillie Gifford, saw net asset value (NAV) decline in the first half, though earnings were helped higher by dividend-paying companies on the portfolio. NAV per share dropped by 1.5% over the six months to Septem
Read moreScottish Mortgage stages second-half comeback
4th May 2012 08:12
The financial year just ended was one of two halves for Scottish Mortgage Investment Trust, with the second being much more to management's liking. Over the year to March 31st net asset value (NAV) per share fell by 5.8% and the share price by 4.6%, both of which represented under-performance again
Read moreScottish Mortgage prepared for short-term pain
28th Oct 2011 08:15
The first half of the financial year has been a rough one for Scottish Mortgage, with the investment trust's net asset value per share (NAV) falling by 20.5%. The decline in NAV in the six months to the end of September was worse than the 16.1% fall in the FTSE All World index in sterling terms, th
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