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What are the recent business updates unveiled by MyHealthChecked?
June 04, 2021 05:56 PM BST| By Team Kalkine MediaSummary MHC had generated revenue of £26,146 from the launch of the COVID-19 PCR nasal swab test kit in December 2020. The Company had reported a net loss of negative £3.76 million for FY20. MHC had a cash balance of £465,671.....
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Jet2 Plc Pushes Back Restart of Flight and Travel as Portugal Gets Removed from Green List
June 04, 2021 01:43 PM BST| By Kamalika GhoshSumamry Jet2 Plc announced that its holidays and flights would be delayed to July 1 from June 24. Government announced that Portugal would be removed from the green list. The company has said customers who had already made bookings could chang.....
Tesco Shares Not Much Impacted by Adverse ECJ Ruling
June 04, 2021 10:46 AM BST| By Kamalika GhoshSummary The EU court ruled in favour of Tesco female shop floor workers in an equal pay dispute, triggering over £2.5 billion back pay claims for Tesco Plc. The staff had claimed that the retailer’s female shop workers had not got e.....
What are the foundation stones laid by Chemring Group to bolster the Roke business?
June 03, 2021 05:15 PM BST| By Team Kalkine MediaSummary CHG had shown a 4% growth in the top-line business and a 10% increase in the underlying operating profit during H1 FY21. The Company will pay an interim dividend of 1.6 pence per share on 10 September 2021. Chemring Energetics UK had c.....
JD Sports cracks 2% as it agrees to sell Sports Unlimited Retail
June 03, 2021 03:55 PM BST| By AbhijeetSummary JD Sports shares tumbled a little more than 2 per cent on Thursday The company has agreed to sell Sports Unlimited Retail BV Shares clocked a total turnover of over £2 million up until 1506 BST Shares of JD Sports Fashion Pl.....
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Down 1% today, this large-cap FTSE 100 share has returned 50% in 2021
June 03, 2021 01:40 PM BST| By AbhijeetSummary Ashtead Group shares, down 1%, have returned over 50% in 2021 The stock has rallied 300 per cent from pandemic closing lows Shares have mostly risen after recognising multi-year bottoms in March 2020 UK stock markets have st.....
Bloomsbury Shares Extend Gains Despite Weak Market Sentiment
June 03, 2021 09:59 AM BST| By Suhita PoddarSummary Publisher Bloomsbury Publishing announced record profits due to a rise in people reading amid the lockdowns. The company also proposed a special dividend of 9.78 pence per share, in addition to a 10 per cent increase to its final divide.....
Harry Potter publisher Bloomsbury Publishing raised FY22 guidance after a jump in the annual sales
June 02, 2021 05:16 PM BST| By Team Kalkine MediaSummary BMY had shown revenue growth of around 14% to £185.1 million during FY21. The Company will pay a final dividend of 7.58 pence per share and a special dividend of 9.78 per share on 27 August 2021. BMY had net cash of £54.5 m.....
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Focus on Bellway Plc and Cairn Homes Plc as The UK Mortgage Lending Slumps in April
June 02, 2021 03:49 PM BST| By AbhijeetSummary Mortgage borrowing slumped to £3.3 billion in April from £11.8 billion in March. The spike in mortgage borrowings for March was short-lived and probably caused by the ongoing stamp duty holiday. However, experts had felt th.....
Wizz Air Stocks Decline on Bleak Future Outlook
June 02, 2021 03:14 PM BST| By Suhita PoddarSumamary Wizz Air reported an underlying loss of €482 million for the year ended 31 March 2021. The company’s revenue fell 73.2 per cent to €739 million from €2,761 million a year ago. It also said that unless all restrict.....
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BP Invests In 9 GW US-Based Solar Projects
June 02, 2021 02:16 PM BST| By AbhijeetSummary BP PLC has invested $220 million in a 9-GW pipeline of solar projects in the US. The agreement will bring BP Plc a step closer towards its target of increasing its capacity of renewable energy to 50 GW by 2030. British Petroleum (L.....
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Quantum Blockchain Shares Jump Over 17% As It Inks Deal with A Cryptography Expert
June 02, 2021 01:30 PM BST| By Suhita PoddarSummary Quantum announced a Bitcoin mining optimization deal with a UK based cryptography expert firm. The shift comes as a part of the company’s new research and development strategy. The firm was also looking at other latest approaches.....
UK Shop Price Deflation Eases in May: Shoe Zone and JD Sports in Action
June 02, 2021 10:07 AM BST| By Suhita PoddarSummary May’s shop price fall was lower than the previous month’s decrease of 1.3 per cent, said the latest BRC report. The deflationary trend continued in May as the high street retailers kept offering lower prices and supermarkets.....
FTSE 250 listed Biffa remained confident of recovery despite reporting an annual loss
June 01, 2021 05:43 PM BST| By Team Kalkine MediaSummary The pre-tax losses of BIFF came out to be negative £52.8 million during FY21 against a pretax profit of £56.4 million made during FY20. BIFF had shown a revenue decline of around 10.4% during FY21 as compared to FY20. BIFF .....
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Amigo Shares Plunge 12% As It Decides to File for Insolvency
June 01, 2021 12:53 PM BST| By AbhijeetSummary The London High Court refused to approve Amigo Holding’s customer compensation scheme last week. The company’s chief executive said that in the absence of a scheme, Amigo would face insolvency because it would not be able to.....
Savills Plc and Rightmove Plc in action as Housing Prices Rise Over 10% in May
June 01, 2021 12:20 PM BST| By Suhita PoddarSummary UK housing prices rose by 10.9 per cent to £242,832 in May, touching an almost 7 year high The recent boost in the sector was supported by government measures including an extension of stamp duty holiday and new mortgage guarantee.....
Travel Stocks to Keep an Eye on As France Restricts Non-Essential Travel from the UK
June 01, 2021 11:51 AM BST| By Suhita PoddarSummary France has enforced tough travel restrictions from the UK amid concerns over Indian variant of coronavirus. Under the new rules, entry to France from the UK is only allowed for EU residents, French nationals, or for people travelling fo.....
Astrazeneca's Tagrisso Drug Gets Nod for Lung Cancer Treatment
May 30, 2021 12:14 AM BST| By Suhita PoddarSummary Tagrisso has been approved by the European Commission (EC) to treat patients with early-stage epidermal growth factor receptor-mutated non-small cell lung cancer. The EC approval came about due to positive results from the ADAURA phase .....
Why are Aviation and Hospitality Bosses Furious Over Government’s Conflicting Comments?
May 29, 2021 01:00 AM BST| By Suhita PoddarSummary The CEOs of major airlines and holiday firms wrote to PM Boris Johnson over their concern on travel guideline. The CEOs wrote that they understand the risk associated with the Indian variant of COVID-19 but urged Boris Johnson to rely o.....
Rolls-Royce’ New Offering: Boat Tail Car Exclusively For 3 High-Net Worth Individuals
May 29, 2021 12:26 AM BST| By Suhita PoddarSummary Luxury car maker Rolls-Royce launched a Boat Tail car custom-made for only three high-net worth clients. The four-seater luxury vehicle is the first car from the company’s stable to be commissioned under its Coachbuild programme. .....
