Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 250 movers: Asos out of fashion; LondonMetric hit by Citi downgrade
(Sharecast News) - FTSE 250: 18,743.73, -0.64% at 1545 GMT Online fast-fashion retailer Asos has appointed a senior Google executive to its board as it works to boost corporate governance.
Marie Gulin-Merle was on Thursday named as a non-executive director. Currently Google's a vice-president of advertising marketing, based in New York, she also held various executive positions such as chief marketing officer of Calvin Klein, chief digital officer of PVH and group CMO of L'Oreal USA.
Gulin-Merle will join the Asos board on February 1, 2023 and will serve on the remuneration committee, amongst others, the company said in a statement.
Electronics maker discoverIE Group said it had bought US-based Magnasphere Corporation for $22m (£19.1m).
Magnasphere makes magnetic sensors and switches for industrial electronic applications. DiscoverIE said the acquisition is expected to be immediately accretive to group underlying earnings and underlying operating margin.
The business, which is currently majority owned by management, is based in Waukesha, Wisconsin, with manufacturing facilities in Goshen, Indiana.
Revenues for the year to December 31 2021 were $6.8m (£5.7m) with a reported pre-tax profit of $1.9m (£1.6m), and an operating margin of 28%.
Real estate investment trust LondonMetric was knocked lower by a downgrade to 'neutral' at Citi.
Market Movers
FTSE 250 - Risers
Volution Group (FAN) 365.00p 4.29% Mitie Group (MTO) 78.20p 2.76% Drax Group (DRX) 694.00p 2.74% Wood Group (John) (WG.) 136.80p 2.32% Clarkson (CKN) 3,110.00p 2.30% Lancashire Holdings Limited (LRE) 641.00p 2.23% Hiscox Limited (DI) (HSX) 1,106.00p 2.17% Marshalls (MSLH) 270.00p 2.04% Coats Group (COA) 72.60p 1.54% Apax Global Alpha Limited (APAX) 188.80p 1.51%
FTSE 250 - Fallers
Carnival (CCL) 581.60p -4.81% ASOS (ASC) 492.80p -4.03% Darktrace (DARK) 261.80p -3.54% Future (FUTR) 1,220.00p -3.48% Aston Martin Lagonda Global Holdings (AML) 151.45p -3.44% Kainos Group (KNOS) 1,521.00p -2.94% PureTech Health (PRTC) 268.00p -2.90% Britvic (BVIC) 786.50p -2.84% Petershill Partners (PHLL) 165.20p -2.82% easyJet (EZJ) 335.90p -2.78%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
