Why FTSE 250 listed Mitie Group Was Trending Today?
Summary Outsourcing and energy services company Mitie Group announced its FY 2021 results today, prompting its shares to rise over 8 per cent. MTO reported its group revenue rose to £2.560 billion compared to £2.174 billion in FY202...
- June 10, 2021 02:54 PM BST
- Suhita Poddar
FTSE 100 gains slightly as BT, AstraZeneca hand hold London equities
Summary FTSE 100 traded marginally higher, led by shares of BT and AstraZeneca BT jumped nearly 6 per cent after Patrick Drahi bought 12 per cent stake AstraZeneca, up 2 per cent, supported the index further UK shares traded flat in...
- June 10, 2021 02:08 PM BST
- Abhijeet
Stocks in Action Today: CMC Markets, Shell, and Ryanair
Summary CMC Market Plc is likely to launch a new wealth platform for the retail segment. Royal Dutch Shell Plc will speed up its energy transition strategy and cut down its carbon emission as per court orders. Ryanair Holdings Plc is facing an...
- June 10, 2021 01:15 PM BST
- Kamalika Ghosh
How London equities fared ahead of the critical US inflation data?
US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.87 points or 0.09 per cent higher at 4,231.13, Dow Jones Industrial Average Index dipped by 55.12 points or 0.16 per cent lower at ...
- June 09, 2021 07:21 PM BST
- Team Kalkine Media
FTSE 250 listed SSP Group’s losses widened due to slow recovery in travel
Summary SSPG had widened the loss before tax to negative £299.7 million on a reported basis during H1 FY21. The revenue got plunged by 8% at constant currency during H1 FY21. SSPG had cash & undrawn committed facilities of approximat...
- June 09, 2021 05:52 PM BST
- Team Kalkine Media
FTSE 100 ends slightly lower as heavyweights recover
UK shares ended marginally lower on Wednesday, 9 May, recovering from the early afternoon losses with the headline FTSE 100 index snapping the two-day gain. The index started in the negative region tracking the subdued Asian peers, except China. I...
- June 09, 2021 05:20 PM BST
- Abhijeet
Which UK Companies Pay The Best Dividend?
Summary Companies’ have recently resumed making dividend pay outs after they were either paused or outrightly cancelled due to pandemic uncertainty. Dividend investors seek to gain a steady passive income stream by investing in larger com...
- June 09, 2021 04:38 PM BST
- Suhita Poddar
Why activist investors are targeting Aviva
Summary Europe’s largest activist fund Cevian is pressing Aviva to cut costs and return £5 billion to its shareholders. As per the co-founder of the Cevian, Aviva has been managed inappropriately for many years. Emma Walmsley, ...
- June 09, 2021 03:30 PM BST
- Kamalika Ghosh
Why are Royal Mail shares on a rising spree in 2021?
Summary Royal Mail shares have largely risen in the present calendar year so far Strong growth at Royal Mail & GLS has substantially supported the group Stock has rallied more than 225 per cent in the last one year Shares of Roy...
- June 09, 2021 03:27 PM BST
- Abhijeet