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Stocks
Rise in UK Tech Exports: Will the Rally in Tech Stocks continue?
September 19, 2020 02:53 PM BST| By Team Kalkine MediaSummary The UK become the fifth-largest exporter of tech services in the world at a valuation of £23.3 billion in 2019 UK’s digital technology trade surplus has shot up by 69 per cent in the last four years The country witnessed a .....
Pubs and Bars Call for Government Support Amid the New Social Distancing Norms
September 19, 2020 02:50 PM BST| By Team Kalkine MediaSummary Evening curfews coupled with local lockdowns pose a big threat to the pubs and bars businesses Industry body BBPA, has called for sector-specific furlough scheme beyond October Pubs & restaurant stocks have suffered significantly o.....
Recent Updates on Two LSE Listed Financial Players: Investec PLC & John Laing Group PLC
September 18, 2020 02:25 PM BST| By Team Kalkine MediaSummary Investec had third party funds under management of £51.4 billion as on 31 August 2020. It had Customer deposits of £32.3 billion and Core loans of £24.5 billion. John Laing Group signed a deal to sell its 30 percent s.....
Covid-19 Impact: Premier Foods, Devro And Cranswick Post A Steady Increase in Sales
September 18, 2020 02:20 PM BST| By Team Kalkine MediaSummary Since lockdown restricted people from moving out of their houses to buy meals, it was estimated that more meals would be consumed at home per week than usual Though the foodservice sector dwindled and routes to retail were obs.....
Covid-19 Impact: British Airways Going Through Structural Changes
September 18, 2020 02:11 PM BST| By Team Kalkine MediaSummary The ongoing pandemic scenario has affected the global airline industry the most. The chief executive of British Airlines (BA), Álex Cruz said the airline company will not be the same again. He added that the people were afraid of.....
What Is Buzzing at The Sainsbury And Tesco Counters?
September 18, 2020 01:18 PM BST| By Kunal SawhneySummary Czech billionaire has reportedly bought a 3.05 per cent stake in Sainsbury’s Tesco has joined hands with the food sharing app Olio to serve the local community Retail stocks are also known as defensive stocks have delivered .....
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Earnings preview: What all should the Cineworld shareholders know?
September 18, 2020 07:10 AM BST| By Team Kalkine MediaCineworld Group plc (LON: CINE) would announce its H1 results on 24 September 2020 and cover the first six months of financial updates for the year. The earnings report would provide the investors with an opportunity to understand the business perf.....
William Hill Plc Get A Leg-Up with ESPN Deal
September 17, 2020 11:34 PM BST| By Team Kalkine MediaSummary William Hill’s US partner Caesars Entertainment has signed an agreement with ESPN The company is looking forward to capitalising on the sports betting boom in the United States. WMH’s competitors, Flutter Entertainment and .....
Polypipe Group Plc Looks to Be on Road to Recovery
September 17, 2020 09:02 PM BST| By Team Kalkine MediaSummary With the onset of the deadly disease of Covid-19, most of the construction activity came to a halt Polypipe saw it’s like-for-like revenue falling in the six months to 30 June; however, the company bounced back faster than expecte.....
Recent Updates on Two Mining Players - Beowulf Mining PLC & Galileo Resources PLC
September 17, 2020 02:20 PM BST| By Kunal SawhneySummary Beowulf Mining announced the validation of high-grade magnetite concentrate at Kallak North by Dr Bo Arvidson. The high-grade magnetite could be used as a feedstock in fossil-free ore based steel making plant in Sweden. Galileo Resourc.....
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Quick Insights on Two FTSE Listed Retail Stocks - NEXT PLC & Marks and Spencer Group PLC
September 17, 2020 01:25 PM BST| By Team Kalkine MediaSummary NEXT PLC generated sales of £1,356.8 million for six months ended July 2020, which was lower than £2,058.8 million generated a year ago. Online sales channel and diverse product mix supported the sales during the pandemic. Ma...
5 Quality AIM Stocks Under the Radar: 7DIG, FDEV, ASC, DATA, and GAMA
September 17, 2020 01:00 PM BST| By Team Kalkine MediaSummary AIM or Alternative Investment Market is one of the most successful growth markets of the world The index which started trading with just 10 stocks almost 25 years back, presently has a listing of over 850 stocks. Now there are many com.....
Updates on Two Industrial Stocks Trending on LSE - Chemring Group PLC & Cohort PLC
September 16, 2020 02:44 PM BST| By Kunal SawhneySummary Chemring Group’s order book stood at £452 million as on 31 August 2020, and it grew by 4 percent year on year. Cohort PLC highlighted that the new export opportunities remain subdued due to the current travel restrictions. .....
Quick Insights on Two FTSE Listed Resource Players - Pan African Resources & Central Asia Metals
September 16, 2020 02:32 PM BST| By Team Kalkine MediaSummary Pan African Resources generated revenue of USD 273.7 million, which increased by 25.9 percent year on year in FY2020. The average gold price was up 25.9 percent year on year, and gold sold increased by 1.3 percent year on year in FY2020.....
Can FTSE 250 Listed Marshalls Deliver A Strong Recovery Post Restructuring?
September 16, 2020 02:20 PM BST| By Kunal SawhneySummary Marshalls incurred restructuring costs of £17.6 million that included the closure of manufacturing facilities in Falkirk, Llan, and Livingston during the first half of 2020 Restructuring would help in improving efficiencies across.....
Will the Fintech Pledge Prove to Be Beneficial For UK Banking Majors?
September 16, 2020 02:20 PM BST| By Hina ChowdharySummary Tech Nation has announced a Fintech Pledge in collaboration with the Fintech Delivery Panel and the HM Treasury The five most prominent banks of the United Kingdom Barclays, HSBC, Lloyds Banking Group, NatWest Group and Santander have j.....
Ocado’s Mark & Spencer JV Strategy Yields Good Return
September 16, 2020 02:11 PM BST| By Kunal SawhneySummary Aided by the recent shift in consumer preference to online shopping Ocado is now valued at close to £5 billion, while market leader Tesco’s market capitalisation stands at about £21.5 billion. The new JV that Ocado ent.....
G4S Turndown the £3bn Acquisition Offer Made by GardaWorld
September 16, 2020 09:43 AM BST| By Team Kalkine MediaG4S, the security firm of the United Kingdom, had been offered a £3 billion ($3.8 billion) hostile takeover bid from its Canadian rival GardaWorld, which was ultimately rejected by the company, on the ground that it was it belittles the compa.....
UK Chip Designer ARM to Be Acquired by Nvidia In the Largest Tech Deals of The Year
September 15, 2020 10:48 PM BST| By Team Kalkine MediaSummary SoftBank is contemplating selling ARM Holdings to Nvidia of USA for $40 billion. This could be one of the largest deals in the tech sector in the world this year, involving a British chip designer to be taken over by an American chip ma.....
ECR Minerals Ramp-Up Exploration at Bailieston And Creswick Projects Ahead of The End of Victorian Winter
September 15, 2020 02:22 PM BST| By Team Kalkine MediaSummary ECR Minerals is currently undertaking field mapping and geochemistry across numerous gold prospects in the Bailieston project area Acquisition of a diamond drilling rig is significantly going to aid the company, which will be used in ma.....
