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Consumer
Pfizer’s Covid-19 Vaccine Rekindles Hope For Cruise Line Stocks
November 11, 2020 10:57 PM AEDT| By Team Kalkine MediaSummary Pfizer’s Covid-19 vaccine candidate indicated more than 90 per cent efficacy against the disease Chairman and CEO Dr. Albert Bourla said that it is a great day for all the scientists and humans globally CEOs of major cruise opera.....
Recent Business Updates Unveiled by this Household Goods Player: Taylor Wimpey Plc
November 11, 2020 02:23 AM AEDT| By Kunal SawhneySummary Taylor Wimpey Plc is expected to generate an operating profit ranging around £242 million to £292 million in FY20. The Company has made £826 million of gross land purchases in H2 FY20 till 01 November 2020. The tradin.....
One FTSE 100 Consumer Stock Trending on LSE: J Sainsbury Plc
November 10, 2020 02:00 AM AEDT| By Team Kalkine MediaSummary J Sainsbury Plc’s sales contracted by 1.8% during H1 FY21. The Company has planned to close 420 standalone Argos stores by March 2024. Digital sales have increased by 117% year-on-year during H1 FY21. Special dividend of 7.30 pe.....
William Hill (LON: WMH): Why Are PE Firms Eyeing UK Gambling Companies?
November 10, 2020 01:35 AM AEDT| By Kunal SawhneySummary The massive growth in the UK online gaming industry during the pandemic lockdown has raised significant investor interest in the sector. In October, US gambling and hospitality giant Caesars Entertainment agreed to purchase British onli.....
Takeaway Beer Sales U-Turn - Will it Make Much Difference to Fortunes of UK Pubs?
November 06, 2020 01:53 AM AEDT| By Hina ChowdharySummary The UK government has been a little considerate towards the hospitality and leisure industry and has taken a U-turn, allowing the pubs to selling takeaway beer during the latest lockdown The UK Government has laid out ne plans for the p.....
Business Performance Review of Two LSE Players: Associated British Foods Plc & Crest Nicholson Holdings Plc
November 06, 2020 01:41 AM AEDT| By Kunal SawhneySummary Associated British Foods Plc revenue contracted by 12% year-on-year in FY20. The Company has estimated the complete loss of £375 million during the closure period (5 November to 2 December 2020). Crest Nicholson Holdings Plc expe.....
Are the Gaming Stocks Going to Be Winner Again?
November 05, 2020 11:35 PM AEDT| By Kunal SawhneySummary Remote working and social distancing norms have favoured online gaming during the lockdown These businesses are expected to witness increased consumer engagement during the second lockdown as well Gaming stocks have delivered astonishi.....
A Sneak Peek on Two LSE Players: Howden Joinery Group Plc & Purplebricks Group Plc
November 05, 2020 01:56 AM AEDT| By Team Kalkine MediaSummary Howden Joinery Group Plc reported a 10.1% year-on-year increase in revenue between 14 June 2020 and 31 October 2020. French and Belgian depots performance improved. Purplebricks Group Plc has shown a surge of 8% year-on-year in instruc.....
British Air Carriers Seek Government Help to Save Them from The Lockdown 2.0 Peril
November 04, 2020 05:19 AM AEDT| By Team Kalkine MediaSummary The second lockdown announced by the government would restrict all domestic and international air travel and would allow only essential ones. Airline industry groups like Airlines UK and Airport Operators Association have approached the.....
Wetherspoon Offers Pints of Ale For 99p As Pubs Start Selling Off Stock Ahead of Lockdown 2.0
November 04, 2020 05:18 AM AEDT| By Hina ChowdharyThe second lockdown announced by the British Prime Minister has allowed the Britons to enjoy beer pints at just under £1 Restaurants and Pubs are offering great discounts on their drinks till Wednesday as the nation will go for a sec...
The evolution of Britain’s education sector due the Covid- 19 pandemic
November 04, 2020 05:15 AM AEDT| By Kunal SawhneySummary The education sector in the UK has been hit due to the pandemic fluctuations, as the number of new admissions both international and domestic fell drastically. At the same time, the pandemic brought fortunes for online education compani.....
Performance Review of Two Stocks Listed on the LSE: WPP Plc and Foxtons Group Plc
November 03, 2020 04:18 AM AEDT| By Hina ChowdharySummary WPP Plc's revenue declined by 7.6% year-on-year to £2.4 billion during Q3 FY20. Public Relations is the best-performing business segment. Foxton Group Plc's revenue was £28.5 million for Q3 FY20. The sales commission pipel.....
Covid-19: How the second lockdown will affect British hospitality and retail sectors
November 03, 2020 03:58 AM AEDT| By Team Kalkine MediaSummary British Prime Minister Boris Johnson announced the second national lockdown to be imposed from 5 November to 2 December amid rising coronavirus cases. Two of the most affected sectors are the hospitality and retail sectors, which are al.....
Ryanair Shares Rally 5% Even as Airline Posts First Summer Loss In 30 Years
November 03, 2020 01:24 AM AEDT| By Team Kalkine MediaSummary Ryanair share price surged as much as 5.18 per cent in the early morning deals to a four-day high of GBX 12.60 The company’ net revenue for the reporting period sank by 78 per cent to €1.18 billion following a 80 per cent-fal.....
British Airways’ Owner IAG Says Air Travel Demand Unlikely to Fully Recover Before 2023
October 31, 2020 03:25 AM AEDT| By Team Kalkine MediaSummary British Airways’ owner IAG has suffered a loss of £5.1 billion in the first nine months of 2020 IAG’s operating loss in the Q3 2020 was £1.3 billion, falling from profit of £1.4bn last year IAG CEO said it.....
How have these two consumer stocks performed lately during covid-19 pandemic: Naked Wines & Cake Box Holdings?
October 31, 2020 03:20 AM AEDT| By Team Kalkine MediaNaked Wines Plc (LON: WINE) and Cake Box Holdings Plc (LON: CBOX) are LSE listed consumer stocks. Shares of WINE were down by around 1.34%, and shares of CBOX were up by close to 3.06%, respectively from the last closing price (as on 30 October 202.....
Hospitality Sector’s Call for Ending 10 PM Curfew Gain Momentum with New Data
October 30, 2020 02:03 AM AEDT| By Kunal SawhneySummary The latest data has revealed that just 1 per cent of the hospitality sites throughout the UK have been linked to NHS Test and Trace occurrences The hospitality & leisure sector has been amongst the worst-hit sectors during the lockd.....
Recent Business Updates on Two LSE Listed Players - Whitbread Plc & Plus500 Ltd
October 29, 2020 04:21 AM AEDT| By Team Kalkine MediaSummary Whitbread's revenues plunged by 76.9% year on year in H1 FY21 Company is focusing on expansion in Germany, added 13 hotels in H1 FY21. Plus500 Ltd. has reported a revenue increase of 96% year on year in Q3 FY20. Customer income remain.....
EasyJet Sells Aircraft To Help It Through The Winter
October 29, 2020 04:17 AM AEDT| By Kunal SawhneySummary EasyJet has announced the sale and leaseback of nine of its aircrafts The step has been undertaken to strengthen its financial and liquidity position Cash proceed of $398.6 million is expected to be generated by the move T.....
Aston Martin Gets A Fresh Lease of Life With £1.3 Billion Of New Investment
October 29, 2020 04:15 AM AEDT| By Hina ChowdharySummary Aston Martin has announced a refinancing package worth £3 billion, with Mercedes- AMG increasing its stake to 20 per cent in the firm The refinancing package comprises debt and equity and will also see Mercedes- AMG handing out &p.....
AI on the Rise: A Look at Top AI Companies and Their Stocks