JP Morgan posts highest annual profit of any US bank in history

JP Morgan posts highest annual profit of any US bank in history, raking in £27.5bn By Daily Mail City & Finance Reporter Published: 22:38 GMT, 14 January 2020 | Updated: 22:38 GMT, 14 January 2020 JP Morgan has posted the highest annual profit of any US bank in history. Spurred on in the fourth quarter … Read more

Will the wellness craze make you a healthy profit?

It’s not uncommon for our health and fitness New Year resolutions to slowly fizzle out by mid-January.  But that doesn’t mean you can’t still reap the benefits of the booming wellness craze through your personal investment portfolio. The so-called wellness lifestyle is now so popular in the UK that the industry is worth £20.6 billion, … Read more

MARKET REPORT: Profit scare deals blow to building supplier SIG

The second profit warning in three months walloped shares in building materials supplier SIG and wiped around £150million off the company’s value. The Sheffield-based roofing and insulation seller has been hit hard by a drop-off in new construction projects in Europe, particularly in the UK and Germany. It now expects profit for 2019 to come … Read more

Morrisons on track to hit its profit target despite a sales slip in the crucial Christmas run-up

Morrisons sales slipped in the crucial Christmas run-up but stays on track to hit profit target as it eyes more store conversions Morrisons revealed 1.7% fall in sales excluding fuel for 22 weeks to 5 January Despite this full-year profits remain on track to match forecasts Shares in the supermarket rose 2.9% to 198p following the update … Read more

How to profit from investing in green energy and reducing waste

INVESTING SHOW: How to profit from green energy, reducing waste and boosting recycling By This Is Money Published: 10:35 BST, 5 September 2019 | Updated: 14:46 BST, 5 September 2019 The desire to look after the planet better has led to a huge rise in interest in drawing more of the energy we use from … Read more

How to profit from a loss-making firm: It might sound bonkers but you can make a fortune 

How can you profit from investing in loss-makers? It sounds bonkers, but can actually be highly lucrative. Just ask investors in Amazon, Twitter or Ocado. Taxi hailing app Uber was the latest loss-making firm to motor on to the New York Stock Exchange yesterday, completing one of the most highly anticipated US floats in recent … Read more

Buy-to-let landlords selling up make a £80,000 average profit

Times may be tougher for Britain’s landlords but new figures suggest the blow of selling up for many has been softened by years of house price gains.  Figures released today from estate agents Hamptons International show that landlords who sold a buy-to-let property in England and Wales last year did so for £79,770 more than … Read more

TONY HETHERINGTON: Beside Asset Management won’t return any cash despite my ‘£84,000 profit’

Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below.  S.A. writes: I was looking for investments and came across a company called Beside Asset Management. I did some … Read more

Games Workshop expects bumper profit haul after Warhammer fans come out in force

Games Workshop, the firm behind Warhammer, is set to lift the lid on yet another rise in profits this year as sales of its fantasy miniatures show no sign of slowing.    Defying tricky trading conditions in some of its markets, the tabletop gaming company said it expects to make an £80million profit in 2019, up … Read more