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Consumer
Future group (LON: FUTR) to acquire comparison website Gocompare
November 27, 2020 03:23 AM AEDT| By Hina ChowdharyMagazine and website publisher Future plc has agreed to an offer from GoCo Group plc to buy its subsidiary Gocompare.com, a financial services comparison website, for £594 million in a cash and shares takeover. Both the companies have announced...
How is the takeover of Codemasters Group Holdings by the gaming giant Take-Two getting framed?
November 26, 2020 01:58 AM AEDT| By Team Kalkine MediaSummary Codemasters Group Holdings Plc has reported a more than double revenue growth and EBITDA growth during H1 FY21. Each shareholder of the Company will receive 120 pence in cash and 0.02834 new Take-Two shares post-acquisition. The Compan.....
Aviation stocks jump as England halves the quarantine time for travellers
November 25, 2020 07:23 PM AEDT| By Hina ChowdharyTravellers flying into England are soon going to have an option to take a paid Covid-19 test after 5 days of self-isolation. If they are tested negative, a new scheme will allow them to halve the 14-day compulsive quarantine period, which i.....
From Champagne Flutes to Blankets, British Airways Has Put Up Its First-Class Cabin Items for Sale
November 25, 2020 02:00 AM AEDT| By Hina ChowdharyIn a first, British Airways (BA) is selling off its plates, champagne flutes and many other items that the airline used on its Boeing 747 fleet so that flyers can recreate the airline experience at home. The airline has been badly hit by the .....
Is Cineworld (LON: CINE) out of the woods after securing a $750-mn funding?
November 25, 2020 12:01 AM AEDT| By Kunal SawhneySummary Cineworld has obtained a new debt facility worth $450 million for 3 years, which is supposed to mature in 2024 The group is also expected to receive tax refunds worth more than $200 million by the next year Its operational initiatives .....
Will banning online junk food ads alter the eating habits of Brits?
November 24, 2020 01:10 AM AEDT| By Team Kalkine MediaThe UK government had recently disclosed that it intends to impose a complete ban on the online advertisement of junk food in order to solve the obesity crisis in the country. Online advertisement is considered to be the harshest form of digital mark...
Why is the Delta CEO doubtful over the London-New York travel corridor?
November 23, 2020 09:46 PM AEDT| By Hina ChowdharySummary Delta Air Lines CEO Ed Bastian has raised doubts over the corridor due to pandemic restrictions. The airline industry is still operating with long-range limitations by the airport authorities Delta Air Lines CEO Ed Bastian has expr.....
How are these two consumer stocks going to perform during the winter season: Halfords Group and Wynnstay Group?
November 21, 2020 12:24 AM AEDT| By Kunal SawhneySummary Halfords Group Plc has reported a 9.6% surge in revenues during H1 FY21. Cycling revenue went up by 54.4% on LFL basis during H1 FY21. Wynnstay Group Plc is expected to report an underlying pre-tax profit for FY20. The Company has rep.....
FAA clears Boeing 737 Max: How will it impact the British aviation stocks?
November 19, 2020 09:25 PM AEDT| By Team Kalkine MediaAfter a rigorous examination and redesigning for almost two years, the Federal Aviation Authority (FAA) has cleared the Boeing 737 Max aircraft to fly again. The aircraft would be flying in the US skies by the end of this year and would require cle.....
EasyJet (LON: EZJ) Reports First Full-Year Loss in Its 25-Year History: What Lies Ahead for The Carrier?
November 19, 2020 04:48 AM AEDT| By Hina ChowdharySummary EasyJet Plc had slumped to a £1.3 billion loss during 2020, the first annual loss in its 25-year history The FTSE listed airline has recorded a decline of 50 per cent in the number of passengers The battered aviation sector has u.....
How are these two consumer stocks performing post-vaccine news: Imperial Brands and Focusrite?
November 19, 2020 01:52 AM AEDT| By Kunal SawhneySummary Imperial Brands Plc has reported a 0.8% surge in revenues during FY20. The Company has completed the sale of worldwide premium cigar businesses for €1,225 million. Focusrite Plc has shown an increase in revenues of 53.7%.....
Tesla Share Price Rallies 14% In Pre-Market as It Gears to Enter S&P 500 in December
November 18, 2020 01:41 AM AEDT| By Hina ChowdharyShares of Tesla Inc (NASDAQ: TSLA), the California-headquartered auto conglomerate, rallied more than 14 per cent in the pre-market deals on Tuesday, 17 November, after the S&P Global announced that the scrip would be included in the S&P 50.....
Carnival Shares Jump 14% As Cruise Operator Ends $1.5 Billion Stock Offering
November 17, 2020 03:46 AM AEDT| By Kunal SawhneySummary Shares of Carnival Plc advanced as much as 14.43 per cent to an intraday peak of GBX 1,237 on Monday The company has issued 94.5 million shares of Carnival Corporation common stock With the successive stock offerings, Carnival Corporat.....
How is the Needle Moving on Two FTSE Listed Consumer Stocks: Burberry Group & National Express Group?
November 17, 2020 03:36 AM AEDT| By Kunal SawhneySummary Burberry Group Plc has reported a 31% decline in revenues during H1 FY21. More than 10% of retail stores are closed due to lockdowns in Europe. National Express Group Plc has achieved 70% of last year's monthly revenue in October 2020......
How the First Covid-Free Transatlantic Flight Has Raised Hopes For The London-NY Travel Corridor
November 17, 2020 01:05 AM AEDT| By Hina ChowdharySummary A new pilot scheme has been launched by US carrier United Airline, which has raised hopes for a travel corridor between London and New York The rapid testing will be carried out on all passengers and will be free of cost On 16 November.....
What Has Led To A Faster-Than-Expected Recovery At ITV?
November 15, 2020 06:31 PM AEDT| By Kunal SawhneySummary Cinema, out-of-home, and print advertising contracted with the introduction of lockdown measures globally With Christmas arriving, the striving retailers will kick off high-stakes festive advertising campaigns despite severe t.....
Why Tate & Lyle Is Concerned Over Lack of Clarity in UK And EU Trade Relationship?
November 14, 2020 06:16 PM AEDT| By Team Kalkine MediaSummary Tate & Lyle Sugars anticipates disruption of sugar, syrup supplies in Northern Ireland from 2021 onwards As per Greenpeace’s investigations team, the British sugar company is all set to save £72.8 million out of pos.....
Will Rolls Royce’s (LON: RR.) Nuclear Plants Boost UK’s Climate Commitments?
November 13, 2020 01:32 AM AEDT| By Kunal SawhneyRolls-Royce Holdings plc (LON: RR.) has disclosed plans to make 16 mini-nuclear plants in Britain in partnership with other domestic companies. Designing of the plant will be taken up by Rolls-Royce and the construction and delivery of the .....
Performance Review of Two Media Stocks Trending on LSE: Bloomsbury Publishing & STV Group
November 12, 2020 04:18 AM AEDT| By Kunal SawhneySummary Bloomsbury Publishing reported revenue of £78.3 million in H1 FY21. The sales grew by 10% year on year as it was supported by online book and e-book sales. STV Group reported revenue of £44.7 million, which was declined by .....
Will Ryanair’s (LON: RYA) demand revive on the back of Pfizer’s Covid-19 vaccine promises?
November 12, 2020 02:04 AM AEDT| By Hina ChowdharySummary Ireland-based low-cost airline company Ryanair Holdings expects its air traffic to revive to near normal levels by next summer CEO Michael O’Leary said that the passenger volumes could reach 75 to 80 per cent of the pre-Covid leve.....
AI on the Rise: A Look at Top AI Companies and Their Stocks