Market report: Taking Stock
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Ionica, the fledgling telecoms group using digital radio wave technology, is the new issue disaster of the year. Floated at 390p in July and subsequently reaching 421p the shares fell 16p to 60p. Too many seem to have got their wires crossed. Ionica admits its national roll- out is nine months behind schedule and teething troubles are limiting capacity and slowing customer sign ups.
Celebrated has offered shareholders little to cheer about since arriving at 18p two years ago. But a reshaping may change its fortunes. It sold its 15 roadside eateries to Granada for pounds 3m and acquired Restaurant House, running Chili's Grills and Bars. As a result, Red Hot Concepts, a US group, has more than 30 per cent of the capital. Celebrated shares held at 10.5p.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments