Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

TAKING STOCK

Wednesday 12 July 1995 23:02 BST
Comments

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.

rThere is the merest flicker of life in the shares of Shoprite, the former food discounter now regarded as little more than a shell company. In the past few days the shares have hardened; they gained 0.5p to 7p yesterday. Last year Shoprite sold 117 shops to Kwik Save for pounds 53m, leaving it with eight supermarkets, a wine warehouse, a car dealership and other investments in the Isle of Man. Before its discount shops last year became casualties of the food price war the shares hit 243p.

rAllen, the construction group that has built a strong tool hire division, should continue to prosper in a tough market. Greig Middleton expects profits to climb from pounds 6.2m to pounds 7.75m this year and touch pounds 8.5m next. It believes the shares are undervalued at 176p.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in