Innovative Eyewear, the developer of ChatGPT-enabled smart eyewear, has reported substantial financial growth for the first nine months of 2024, with net revenue reaching $945,752, representing a 76% increase compared to the same period in 2023. Revenue growth has been attributed to successful product launches throughout the year, including the company’s Lyte XL collection and … Read more
Image source: Getty Images In my opinion, investing in the stock market is a great way to generate a second income. The majority of UK-listed companies and investment trusts regularly return cash to shareholders by way of dividends. With this in mind, I recently took a position in Supermarket Income REIT (LSE:SUPR). I was particularly … Read more
Image source: Getty Images The National Grid (LSE: NG) share price is seen as one of the steadiest on the entire FTSE 100. Plenty of stocks can provide thrills, but the transmissions giant isn’t usually one of them. It’s there to deliver dependable dividend income, with a dash of growth over time. Many investors will … Read more
Leading investment trust fund managers have revealed their top stock selections for the coming year. Ranging from a leading consumer healthcare business to Vietnam’s top technology company, investment trust managers share some of their best ideas for the new year with UK Investor Magazine readers. – Advertisement – Ian Lance, Fund Manager, Temple Bar Investment … Read more
Image source: Getty Images The last couple of years have been bumpy for UK housebuilders due to higher interest rates. Earnings on Taylor Wimpey (LSE:TW.) shares, for instance, fell heavily in 2023 and 2024, as reduced buyer affordability struck newbuild home demand. But with the Bank of England (BoE) firmly under way with a rate-reduction … Read more
Roderick McIllree bought 7.5 million shares in 80 Mile (LON: 80M) at 0.002762p each. This takes the executive director’s stake to 6.4%. He is the largest shareholder. This comes after 80 Mile announced a deal to acquire 49% of Hydrogen Valley for £2m and 29% of the enlarged share capital of 80 Mile and a … Read more
Alliance Pharma (LON: APH) is recommending a bid of 62.5p/share by Aegros Bidco, which is owned by DBAY Affiliates and the ERES IV Fund. That values the healthcare brands owner at £349.7m. There is an alternative of one rollover share in the bid vehicle for each Alliance Pharma share. DBAY has been building up a … Read more
Cloud computing and hosting services provider Iomart (LON: IOM) has been struggling in recent years as profit and the share price have declined. Iomart chair Richard Last has bought an initial 50,000 shares at 77.27p each, which is not much above the low for the year. Richard Last joined the board last June. The … Read more