UK and US Equities Traded Lower; Aveva Group Stock Surged by 6.97%
US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 39.28 points or 1.03 per cent lower at 3,756.26, Dow Jones Industrial Average Index contracted by 321.48 points or 1.04 per cent lower at 30,6...
- January 15, 2021 05:08 PM GMT
- Kunal Sawhney
What significant factors led Card Factory to anticipate a loss during FY21?
Summary Card Factory Plc had reported a decline of 33.7% in its revenue to £281.4 million during the first eleven months period of FY21 ending 31 December 2020. The gross store sales declined by 38.1% during the period. The Company had a...
- January 15, 2021 03:25 PM GMT
- Kunal Sawhney
UK Prosecutors Drop Probe Against British American Tobacco (LON: BATS)
Summary The UK's Serious Fraud Office has closed an investigation of suspicions of corruption on British American Tobacco which started in 2017 The probe was started after reports came in that the company had bribed officials to undermine anti-...
- January 15, 2021 03:23 PM GMT
- Hina Chowdhary
What Led to A Sudden Fall in Babcock (LON: BAB) Shares?
Summary Babcock International Group Plc (LON: BAB) has warned that a review of contract profitability could spell fresh dangers for the balance sheet. The underlying operating profit for the three-quarter period slumped by 34 per cent to £...
- January 15, 2021 03:18 PM GMT
- Kunal Sawhney