CMC Markets Issues Afternoon Warnings on Revenues: Shares Drop 20%

By | 22nd February 2019

Financial derivatives trader CMC Markets (LON:CMCX) today issued a trading update warning that revenues of some of its products, namely spreadbets and contract for difference (CFD) trading would be lower than initially anticipated. The share price immediately fell: This comes as no surprise, as the markets hate mid-day warnings. There is no good reason for… Read More »

Titon Holdings Runs into Korean Troubles; Posts Reduced Profit Outlook

By | 14th February 2019

Ventilation systems specialist Titon Holdings (LON:TON) today produced a rather vague update which warned that profits in its South Korean operations would be materially lower than anticipated. The markets took the predictable route out, and the shares were marked down over 30%: a very costly RNS: However, this has been a rather good micro-cap stock… Read More »