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TP ICAP Share Price Stumble on Proposed Acquisition of Liquidnet
October 03, 2020 11:30 AM BST| By Kunal SawhneyLast year in December, TP ICAP Plc announced plans to introduce a new holding company in Jersey, whose domiciliation is expected to complete by the first quarter of 2021 subject to approval from the court as a part of the Group’s strategy to .....
TSB To Close Branches and Cut Staff with Decline in Business Due To COVID-19
October 03, 2020 01:00 AM BST| By Team Kalkine MediaSummary The TSB bank has declared it will be closing nearly 164 of its branches in the UK and cutting 1000 staff members, because of a decline in the number of customers visiting these branches. Since the outbreak of the Coronavirus, more and m.....
UK Plans to Create 4-Month Stockpiles of Protective Equipment
October 02, 2020 01:20 AM BST| By Kunal SawhneySummary Pharma industry has intimated the British government about the decreasing inventory of critical medicines and advised to buy and store in sufficient quantities in view of Brexit deadline During the mid of the Covid-19 crisis, NHS was un.....
Performance Review of Two Technology Stocks - Blancco Technology Group & Osirium Technologies
October 02, 2020 01:00 AM BST| By Team Kalkine MediaSummary Blancco Technology Group's revenue grew by 9 percent year on year in FY20 to £33.4 million. The revenue was supported by increased demand for data sanitization of IT assets and the growing scale of mobile diagnostics solutions. O.....
easyJet, Ryanair flights fight coronavirus: What’s in store for airline operators
October 01, 2020 09:45 PM BST| By Team Kalkine MediaSummary The stocks of Ryanair and easyJet have significantly lost on their market value since the February 2020, when the pandemic started spreading in the UK The airline companies have done a plenty of organisational restructuring including j.....
Two Resource Stocks Trending on LSE - San Leon Energy PLC & Prospex Energy PLC
October 01, 2020 02:20 PM BST| By Team Kalkine MediaSummary San Leon Energy extended the proposed investment date in Decklar Petroleum and Oza Field to 31 October 2020. It would provide a conditional loan of USD 7.5 million to Decklar Petroleum Limited, and it would also acquire a 15 percent equ.....
5 Penny Stocks Worth Watching: Galantas Gold, Eqtec, Malvern, Oracle Power, Infrastructure India
October 01, 2020 02:11 PM BST| By Kunal SawhneySummary Penny stocks are usually valued at less than £1 and are speculative in nature. They can bring about windfall gains to the investors if their bets come right. The gains on these stocks are contingent on the research efforts put by .....
Covid-19 update: City mayor Sadiq Khan calls for a £5.7 billion bailout for ‘Transport for London’
October 01, 2020 02:11 PM BST| By Team Kalkine MediaSummary Sadiq Khan, London’s mayor has urged the government to provide £5.7 billion bailout for Transport for London (TfL). The bailout package would help in keeping the UK capital’s transport system running for the next 18 mo.....
10 FTSE 100 High Dividend Yield Stocks Of 2020
October 01, 2020 02:00 PM BST| By Hina ChowdharyThere is a sigh of relief for the investors as the businesses have showed intent to resume dividend pay-outs, which got impacted due to Covid-19 Investors can use higher dividend yields to identify stocks that have fallen in value but have...
Renew, Kier, Keller Shares Surge After the Announcement of Green Homes Grant
October 01, 2020 01:55 PM BST| By Kunal SawhneySummary The UK government has launched a scheme, Green Homes Grant, for the benefit of homeowners and residential landlords According to the government directive, the voucher covers costs including the expenses related to labour and materials a.....
Tullow Oil Shares Remain Bearish on Sluggish Demand Post-Lockdown
October 01, 2020 01:50 PM BST| By Team Kalkine MediaSummary The poor stock performance of Tullow Oil Plc has come despite strong revenue performance reported by the company in the first half of 2020. The major reason that has been responsible for the poor stock performance during the year is the.....
4 Hot Tech Stocks To look at- Avast, Sage, Aveva and Softcat
September 30, 2020 09:28 PM BST| By Team Kalkine MediaSummary There has been surge in the usage of technological applications and advancements in the technology sector during the crisis The coronavirus pandemic has impacted the economy and has also affected many of the tech companies If looked at.....
Nokia strikes deal with BT to phase out Huawei from UK networks
September 30, 2020 02:33 PM BST| By Kunal SawhneySummary Nokia to replace Huawei as BT’s largest equipment supplier for 5G networks across the nation. This deal would be the first in the sector after the UK government banned all the mobile providers from buying Huawei 5G equipment in Ju.....
Performance Review of Two FTSE Listed Consumer Stocks - 888 Holdings & City Pub Group
September 30, 2020 02:20 PM BST| By Team Kalkine MediaSummary 888 Holdings PLC reported a revenue growth of 37 percent year on year in H1 FY20. The performance was supported by improved customer acquisition and demand for online games during the pandemic. City Pub Group reported that the sales ar.....
Google To Lease 70,000 Sq Ft Office Space in the UK-Is It A Sign of Recovery In Commercial Leasing Space?
September 30, 2020 01:40 PM BST| By Kunal SawhneySummary The company announced its plans to lease out 70,000 square feet of space in the UK despite asking nearly 4,500 of its staff in the country to work from home until at least July 2021. This office space leasing exercise is in addition to .....
Investors Unhappy With BP’s Net Zero Target: Stock Sinks To 25-Year Low
September 30, 2020 01:11 PM BST| By Hina ChowdharySummary The shares of the company touched their lowest value on 29 September 2020 since October 1995 The dip has been caused by the company’s Net Zero transition plan, which was recently presented by CEO Bernard Looney. The British oil m.....
Asda buyout: TDR-backed EG Group emerges as Walmart’s favourite with £6.5-bn deal
September 30, 2020 12:02 PM BST| By Team Kalkine MediaThe TDR Capital-backed EG Group has emerged as Walmart’s preferred bidder in the race to buy Asda Stores Limited with a £6.5-billion deal. Walmart Inc., the department store chain from the US is the parent company of Asda. While.....
Top FTSE 100 Performers in 2020 So Far: Ocado, Kingfisher, Hikma, Reckitt Benckiser and Admiral Group
September 29, 2020 08:05 PM BST| By Team Kalkine MediaSummary There have been some resilient stocks which delivered double-digit returns despite the carnage in the stock markets Retail, Financial, and Insurance are some of the sectors which have seen the minimal impact of Covid-19 Ocado reported .....
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Sizeable Gold Exploration Potential at ECR Minerals’ Creswick Project
September 29, 2020 02:39 PM BST| By Team Kalkine MediaSummary The Creswick project area with an abundance of DMS has a high potential for gold mineralisation MGA’s 2019 RC (reverse circulation) drilling had classified quartz-carbonate composite chips in 5 drill holes and as Ferroan dolomite .....
Shares Of HSBC Jump On LSE As Key Chinese Investor Raises Stake
September 29, 2020 02:31 PM BST| By Team Kalkine MediaSummary Ping An Asset Management of China increased its stake in the bank to 8 per cent, which is seen as a vote of confidence by investors despite a recent spat between Chinese and British governments over Hong Kong. The bank had been embroile.....
