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Consumer
Focus On EasyJet, A Covid Loan Beneficiary, As The UK Borrowings Surge
September 26, 2020 08:19 PM AEST| By Team Kalkine MediaThe public borrowings for the country surged to a high level of £36 billion during the month of August 2020, according to the latest government statistics. The British government has been forced to spend a large sum of money towards economic .....
UK Based Consumer Businesses Continue to Look for Cost Cutting Measures
September 24, 2020 10:50 PM AEST| By Team Kalkine MediaSummary Consumer businesses are making all efforts to remain afloat during the pandemic Fear of the second wave of Coronavirus in the winter is prompting businesses to reduce costs SSP Group is expected to take decisive and rapid action to red.....
Redundancies Start Pouring in Ahead of New Restrictions, Whitbread and Wetherspoon announce Job Cuts
September 24, 2020 06:23 AM AEST| By Team Kalkine MediaSummary Government announced a series of new restriction to contain the spread of the Coronavirus Prime Minister has warned that if the R rate does not go below 1, then tighter restrictions can follow All businesses selling food or drink alon.....
2 FTSE Listed Food & Beverage Stocks to Look at: Hotel Chocolat Group & Finsbury Food Group
September 23, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Hotel Chocolat Group reported revenue of £136 million, which was increased by 3 percent year on year. The Company had reported strong performance through digital channels. Finsbury Food Group generated revenue of £306.3 mil.....
Pandemic Headwinds on Two Travel & Leisure Stocks - TUI AG and Saga PLC
September 22, 2020 11:11 PM AEST| By Team Kalkine MediaSummary TUI AG catered to 1.4 million customers for a holiday between mid-June and August 2020. Booking cancellation increased due to the recent changes in the government's travel-related policies. Saga PLC generated revenue of £192.4 mi.....
Pub and Restaurant Stocks Heave A Sigh of Relief with Government Not Going for A Lockdown
September 22, 2020 02:11 PM AEST| By Kunal SawhneyThe woes of UK’s hospitality industry don’t seem going to get over soon. When all seemed returning to normal, the rapid rise in new Coronavirus cases has forced the government to tighten the measures to contain the spread. Prime Ministe.....
Investor rebellion at Ryanair over chief executive’s pay
September 22, 2020 07:26 AM AEST| By Kunal SawhneySummary Investors of Ryanair Holdings revolted over huge pay of the airline’s Chief Executive, Michael O'Leary. Investors refused to support a massive pay package of £3.2 million to the airline’s boss in the financial year end.....
Performance Review of Two FTSE-100 Listed Media Players: Informa PLC & Pearson PLC
September 21, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Informa PLC reported revenue of £814.4 million in H1 FY2020, which was declined by 42.1 percent year on year. The business performance was impacted due to the cancellation of the physical events. Pearson PLC reported revenue of &.....
Why is the share price of Carnival falling?
September 20, 2020 10:20 AM AEST| By Team Kalkine MediaSummary The share price of Carnival plc was trading 6.71 lower on 18 September from its previous day’s close. The British-American company announced cancellation of cruise journey for one of its prominent brands, P&O Cruises. In its .....
Pubs and Bars Call for Government Support Amid the New Social Distancing Norms
September 19, 2020 11:50 PM AEST| 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.....
Covid-19 Impact: Premier Foods, Devro And Cranswick Post A Steady Increase in Sales
September 18, 2020 11:20 PM AEST| 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 11:11 PM AEST| 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.....
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Earnings preview: What all should the Cineworld shareholders know?
September 18, 2020 04:10 PM AEST| 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 18, 2020 08:34 AM AEST| 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 .....
British Airways Pushes for Coronavirus Airport Testing
September 13, 2020 10:20 AM AEST| By Kunal SawhneySummary British Airways has pinned its survival on commencing coronavirus testing at airports for the travellers Testing could be a possible solution for exiting travel bans, though at the same time it could increase the cost IATA has proposed.....
Two Consumer Stocks Trending on LSE: Dunelm Group & Dixons Carphone
September 11, 2020 11:45 PM AEST| By Team Kalkine MediaSummary Dunelm Group's sales declined by 3.9 percent year on year to £1,057.9 million in FY2020. The online sales increased by 50.5 percent year on year, whereas like for like store sales fell by 12.7 percent year on year in FY2020. Dixo.....
Performance Review of Two FTSE Listed Stocks - Games Workshop Group & Rank Group
September 11, 2020 11:35 PM AEST| By Team Kalkine MediaSummary Games Workshop Group's revenue increased by 15.3 percent year on year for three months ended in August 2020. Online sales underpinned the growth while the store sales are yet to recover. Rank Group's net gambling revenue (NGR) fell by .....
A Lens over Carnival and TUI Stocks Amidst the Jitters in Holiday Companies
September 11, 2020 11:20 PM AEST| By Kunal SawhneySummary Cities Direct becomes the latest travel company to cease trading due to the impact of Covid-19 crisis End of furlough scheme next month coupled with the ongoing slump in travel bookings could lead to collapse of more businesses within t.....
Impact of the Pandemic on the Performance of Two FTSE Stocks – Easyjet & Signature Aviation
September 09, 2020 11:32 PM AEST| By Kunal SawhneySummary Easyjet would bring down the capacity to less than 40 percent in Q4 FY20 from the previously planned capacity. The decision was taken due to frequently changing travel guidelines by the government. It expects additional help from the go.....
Performance Review of Two Transportation Stocks - FirstGroup PLC & Stagecoach Group PLC
September 07, 2020 11:22 PM AEST| By Hina ChowdharySummary FirstGroup reported revenue of £7,754.6 million in FY2020, which increased by 8.8 percent year on year. First Student and First Transit business divisions supported revenue growth. The operating profit was £256.8 million, an.....
AI on the Rise: A Look at Top AI Companies and Their Stocks