Burberry shares collapse 10% as Q4 FY21 sales remain short of Q4 FY19
Summary Burberry Group shares crashed a little more than 10 per cent on Thursday Q4 FY21 sales stood lower as against the sales recognised in Q4 FY19 However, the comparable store sales through March 2021 rose 32 per cent Shares shed as much ...
- May 13, 2021 02:41 PM BST
- Abhijeet
Lens on BP Plc and Powerhouse Energy Amid Divergent Climate Change Developments
Summary Shareholders of BP Plc voted against a resolution to take the company closer to achieving its climate commitments. Over 79 per cent of total shareholders opposed a proposal placed by a shareholder group. Powerhouse Energy Group Plc wou...
- May 13, 2021 01:44 PM BST
- Suhita Poddar
FTSE 100 Inched Higher by 0.82%; US Consumer Price Index hits 13-year high
US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 47.98 points or 1.16 per cent lower at 4,104.12, Dow Jones Industrial Average Index dipped by 293.17 points or 0.86 per cent lower at 33...
- May 12, 2021 07:31 PM BST
- Team Kalkine Media
FTSE 100 listed Compass Group estimated gradual recovery for Q3 FY21
Summary CPG had shown around a 30.4% decline of revenues on an organic basis during H1 FY21. The net debt stood at £2.63 billion as of 31 March 2021. CPG expected gradual improvement in the trading performance during Q3 FY21. Compas...
- May 12, 2021 04:53 PM BST
- Team Kalkine Media
TUI Stocks Fall as The Company Posts Heavy Half-Yearly Losses
Sumamry TUI Group expects a strong summer season this year provided the travel restrictions are eased. Summer prices were up by 22 per cent on average for this year, said the firm. The group had a liquidity of €1.7 billion on 7 May. ...
- May 12, 2021 04:39 PM BST
- Suhita Poddar
Spotlight On 2 FTSE Consumer Services Stocks
Summary Catering giant Compass Group’s CEO Dominic Blakemore has said that the hybrid working model posed long term issues. UK’s largest funeral services provider, Dignity PLC, reported a jump in its underlying revenue by 14 per cen...
- May 12, 2021 04:14 PM BST
- Suhita Poddar