If only...
Stobart Group () began life as a Cumbrian road haulage company, but now operates infrastructure and support services in the energy, aviation and rail sectors. It recently hived off its trucking division in a £550mflotation. The firm's turnover increased by £10m last year to £126.7m, while underlying profit before tax shot up by 98% to £18.4m. Shareholders have been well rewarded, with the share price climbing by more than 110% in the past 12 months.
Be glad you didn't...
Imagination Technologies (LSE: IMG) designs and licenses graphics and video-processing chips for mobile phones, computers and home electronics. The company is an important supplier to Apple and was performing strongly until early April. Then Apple announced that it would stop using Imagination's chips in the iPhone within the next two years. The share price went into freefall, dropping by more than 60%.
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Most expensive street in Britain to buy on has houses with '£10m average asking price', Rightmove findsNews Rightmove found Buckingham Gate, close to Buckingham Palace, was the most expensive street in the country. Do you live near one that's been included on the list?
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Smaller companies: starting to turn?The long-awaited turnaround in smaller companies is unlikely to happen just because shares are lowly-valued. However, an improving economic and interest rate backdrop could spark renewed interest in the sector. M&A activity is also providing support for the smaller companies sector
