Small modular reactors to be deployed Up to £40 billion in economic value Long-term UK-US agreement British gas owner Centrica (CNA) has announced a joint development agreement with US-based X-Energy Reactor Company to deploy Advanced Modular Nuclear Reactors in the UK. Centrica shares were one of the biggest gainers in the FTSE 100 index after jumping nearly 3% to 164.9p in early trading,...

Stock prices in Europe were higher at Wednesday midday while bonds globally were under pressure, meanwhile UK Chancellor Rachel Reeves set November 26 as date for her much-awaited autumn budget. The FTSE 100 index was up 51.75 points, 0.6%, at 9,168.44. The FTSE 250 was 118.24 points higher, 0.6%, at 21,281.13, and the AIM All-Share was up 4.00 points, 0.5%, at 769.57. The Cboe UK 100 was 0.5%...

Canal+ to take 34% minority stake Deal could lead to full control from 2028 Studio and back catalogue attractive The French media giant behind film hits such as Bridget Jones and Paddington, Canal+ (CAN), has announced it is in exclusive talks to take a minority stake in cinema chain UGC for an undisclosed amount. UGC is a leading French cinema and audiovisual production group with one of...

AVI Global (AGT) 260p Market cap: £1.1 billion With stock markets trading near all-time highs, it might seem like there are few bargains to be had. That is rarely the case. We believe the 136-year-old AVI Global Trust (AGT) is a great way to get exposure to undiscovered quality assets, trading at a 'double discount' to intrinsic value. The trust trades at a 7.5% discount to its own NAV (net...

Next CEO sells £12.4 million shares Mobico director buys €98.325 shares Canal+ director snaps up 40,000 shares Simon Wolfson, CEO of Next (NXT) has sold 100,000 shares at £123.62 for a total value of £12.4 million on 9 May. Wolfson's sale comes after the FTSE 100 clothing colossus reported strong first quarter sales - £55 million ahead of the company's previous guidance. There could...

Canal+ director buys on weaknessMetro Bank director buys into strengthChemring director reduces holdingMaxime Saada, chairman of the management board and chief executive of French media group Canal+ (CAN), bought 100,000 shares at 176p for a total value of £175,880 on 7 March.Saada's move comes after the company which produced the hit Paddington films said it was on track to become a global...

The last 10 years have been pretty rough for UK stocks but there could be some signs of life emerging as we head towards 2025.Brexit, Covid and other political and economic shocks as well as a tilt towards 'old economy' stocks and a minimal footprint in technology have combined to undermine the relevance and appeal of the UK market.The resulting underperformance has led to people consistently...

After what has been a poor year for UK listings, the London Stock Exchange could afford to celebrate this week with the float of French media group Canal+ (CAN) which debuted with a market value of around £2.5 billion.Although the shares were listed in London, and at that value would normally be eligible for inclusion in the FTSE 250 mid-cap index, they are excluded as the company is still...

Notable win for London marketFloat to 'unleash potential'Analysts see £5 billion valuationAfter what has been a poor year for UK listings, the London Stock Exchange celebrated this morning with the float of French media group Canal+ (CAN), which debuted with a market value of around £2.5 billion.Although the shares are listed in London, they don't qualify for inclusion in the FTSE 250 index...