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Four Small-Cap Healthcare Stocks That Have Given Over 50 Per Cent Return in A Year
May 12, 2021 12:52 PM BST| By AbhijeetSummary Over the last year, the biotechnology and pharmaceuticals index has been the second-worst performer in the FTSE350 Index. Healthcare stocks are a risky investment as these biotechnology firms work on breakthrough scientific research, wh.....
Lens on Travel Stocks as Airline Chiefs Call to Restart US-UK Travel
May 12, 2021 11:02 AM BST| By Suhita PoddarSummary Airline CEOs have called for a joint summit to initiate transatlantic travel. A joint letter was sent by CEOs of six passenger airline companies and a US-based aviation trade association to the transport ministers of both nations. The .....
What factors led FTSE listed WM Morrison Supermarkets to report a surge in fuel sales?
May 11, 2021 05:47 PM BST| By Team Kalkine MediaSummary MRW had delivered around 17.5% like-for-like fuel sales growth during Q1 FY22. The online sales had demonstrated year-on-year growth of around 113% during Q1 FY22. The Company had anticipated meaningful profit growth during FY23. .....
Amigo Holdings Plunge Over 25% as FCA Confirms to Oppose Rescue Plan
May 11, 2021 05:42 PM BST| By AbhijeetSummary The Financial Conduct Authority is all set to oppose Amigo Holdings Plc’s rescue scheme. A majority of Amigo’s creditors have voted in favour of the scheme, though FCA has said the proposal in its current form was not fair. .....
What Made These 2 FTSE AIM All Share Medtech Stocks Surge Today?
May 11, 2021 05:37 PM BST| By Suhita PoddarSummary Oncology firm Physiomics stocks soared after the company announced a new contract with Numab Therapeutics Detection company Kromek Group announced an improvement in commercial activity across all business segments and pipeline Medical .....
Natwest Stock Trades in Red after the UK Government Lowers Its Stake
May 11, 2021 04:12 PM BST| By Suhita PoddarSummary Treasury intends to dispose of nearly 5 per cent of its shares in NatWest Group PLC. NatWest has moved closer to completely returning to private ownership. The shares of the bank were trading lower by over 2 per cent in the morning hou.....
Focus On 2 Lesser-Known Retail Stocks as Retail Sales Jump in April
May 11, 2021 01:03 PM BST| By Suhita PoddarSummary The UK retail sales rose 7.3 per cent in April as compared to the same month two years ago. The short-term trend of pent-up demand in shopping drew consumers back to the retail stores. British high street still has to trudge a long way.....
Lens on Persimmon and Barratt Developments as UK House Prices Touch Record High
May 10, 2021 05:29 PM BST| By Suhita PoddarSummary The average property price stood at £258,204, reporting an 8.2 per cent hike year-on-year for April. The HMRC data for monthly property transactions for the UK home sales witnessed an increase in March 2021. Average UK house .....
FTSE-250 listed Victrex posted a decline in the profitability despite higher sales volumes
May 10, 2021 05:23 PM BST| By Team Kalkine MediaSummary VCT had delivered around 5% growth in sales volume during H1 FY21. The Company will pay an interim dividend of 13.42 pence per share on 30 June 2021. The reported profit before tax had declined by 7% during H1 FY21. Victrex PLC (L.....
Aviation Stocks Fall After UK Govt Releases ‘Green List’ For Future Travel
May 10, 2021 01:53 PM BST| By Suhita PoddarSummary The UK government has put only 12 nations on the new travel list, which includes Australia and Portugal. While it has left out countries like Spain and Italy. The green list mentions the countries from where Britons can fly back home an.....
5 Investing Ideas from Investment Company Stocks for This Month
May 10, 2021 01:45 PM BST| By Suhita PoddarSummary UK firms are now expected to borrow a net £19 billion this year for their businesses to survive Investment companies provide loans or equity backing to companies in needs. Such company stocks help one benefit from the off-market .....
Lloyds Bank in Advance Takeover Talks with Embark
May 10, 2021 11:35 AM BST| By Suhita PoddarSummary The bank is in final talks to close the £400 million deal. It would be Lloyd’s largest acquisition since it got back to private ownership four years back. UK-based Lloyds Banking Group Plc (LON: LLOY) is in the advanced.....
5 Hot FTSE Dividend Stocks to Watch in May
May 09, 2021 12:33 AM BST| By Suhita PoddarSummary Pandemic has drained company cash reserves forcing many to reduce dividend payouts. With vaccine roll out and productions back on track, investors have started demanding dividends. Focus has shifted towards dividend .....
A Glance at 5 Healthcare Penny Stocks
May 08, 2021 12:30 AM BST| By Suhita PoddarSummary Second phase of coronavirus and new mutations seek advanced healthcare supplies. Vaccine rollout has not affected the demand for test kits and scanning machines. Manufacturers and distributors of diagnostic solutions are gaining invest.....
What are the recent business developments announced by FTSE-listed Custodian REIT?
May 07, 2021 05:25 PM BST| By Team Kalkine MediaSummary CREI had collected 91% of rent in FY21 despite the adverse impact of the Covid-19 pandemic. The Company will pay a fifth interim dividend of 0.5 pence per share on 30 June 2021. The total property value was valued at £551.9 milli.....
Google And Facebook In Focus as Government Urged to Make Tech Giants Liable for Frauds
May 07, 2021 11:24 AM BST| By Suhita PoddarSummary Online scams have multiplied during the pandemic period as consumers are spending more online. A whopping amount of £1.7 billion was lost during 2020 due to frauds in the UK. In this regard, some organisations have urged the gover.....
Did higher copper price improve the profitability of Taseko Mines Limited during Q1 FY21?
May 06, 2021 05:31 PM BST| By Team Kalkine MediaSummary TKO had reported total copper production of around 22 million pounds during Q1 FY21. The Molybdenum production also remained lower at 530 thousand pounds during Q1 FY21. TKO had a cash balance of USD 197.0 million as of 31 March 2021. .....
UK Retail Footfall in April Picks Up; Next, JD Sports and Kingfisher in Focus
May 06, 2021 03:12 PM BST| By Team Kalkine MediaSummary UK’s retail footfall has recovered considerably in April, surging by 240.8 per cent from a year ago. April’s footfall stood at 32.9 per cent, almost a third of April 2019 levels. High streets recorded a 42 per cent decline .....
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What Led to the Surge in Fashion Retailers Superdry And Next Stocks?
May 06, 2021 02:27 PM BST| By Suhita PoddarSummary Superdry’s channel revenue from the ecommerce stream was up 33.8 per cent for FY 21. Next Plc raised its profit-before-tax central guidance for FY 21 to £720 million. UK’s fashion brands got a fresh lease of life .....
BDEV And PSN Stocks in Focus Amid Rush in Housing Transactions by Hong Kong Buyers
May 06, 2021 11:07 AM BST| By Suhita PoddarSummary Hong Kong citizens have been buying London homes after the UK government announced the BNO visa scheme. Since the announcement of the visa, over 50,000 homes got sold across London. Hong Kong nationals during the period of July 2020 an.....
