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Focus On 2 Lesser-Known Retail Stocks as Retail Sales Jump in April
May 11, 2021 01:03 PM BST| By Suhita PoddarSummary The UK retail sales rose 7.3 per cent in April as compared to the same month two years ago. The short-term trend of pent-up demand in shopping drew consumers back to the retail stores. British high street still has to trudge a long way.....
Lens on Persimmon and Barratt Developments as UK House Prices Touch Record High
May 10, 2021 05:29 PM BST| By Suhita PoddarSummary The average property price stood at £258,204, reporting an 8.2 per cent hike year-on-year for April. The HMRC data for monthly property transactions for the UK home sales witnessed an increase in March 2021. Average UK house .....
Aviation Stocks Fall After UK Govt Releases ‘Green List’ For Future Travel
May 10, 2021 01:53 PM BST| By Suhita PoddarSummary The UK government has put only 12 nations on the new travel list, which includes Australia and Portugal. While it has left out countries like Spain and Italy. The green list mentions the countries from where Britons can fly back home an.....
5 Investing Ideas from Investment Company Stocks for This Month
May 10, 2021 01:45 PM BST| By Suhita PoddarSummary UK firms are now expected to borrow a net £19 billion this year for their businesses to survive Investment companies provide loans or equity backing to companies in needs. Such company stocks help one benefit from the off-market .....
Lloyds Bank in Advance Takeover Talks with Embark
May 10, 2021 11:35 AM BST| By Suhita PoddarSummary The bank is in final talks to close the £400 million deal. It would be Lloyd’s largest acquisition since it got back to private ownership four years back. UK-based Lloyds Banking Group Plc (LON: LLOY) is in the advanced.....
Google And Facebook In Focus as Government Urged to Make Tech Giants Liable for Frauds
May 07, 2021 11:24 AM BST| By Suhita PoddarSummary Online scams have multiplied during the pandemic period as consumers are spending more online. A whopping amount of £1.7 billion was lost during 2020 due to frauds in the UK. In this regard, some organisations have urged the gover.....
CRH PLC (LON: CRH) Price Hovers Around Record High, Will it Continue to Shine?
May 07, 2021 01:49 AM BST| By Team Kalkine MediaSummary CRH has outperformed the index and generated ~15.91 percent return in the last 3 months. Post breaking out of a crucial resistance level, the stock hit a new lifetime high and now taking major support from the 50-period simple moving av.....
UK Retail Footfall in April Picks Up; Next, JD Sports and Kingfisher in Focus
May 06, 2021 03:12 PM BST| By Team Kalkine MediaSummary UK’s retail footfall has recovered considerably in April, surging by 240.8 per cent from a year ago. April’s footfall stood at 32.9 per cent, almost a third of April 2019 levels. High streets recorded a 42 per cent decline .....
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What Led to the Surge in Fashion Retailers Superdry And Next Stocks?
May 06, 2021 02:27 PM BST| By Suhita PoddarSummary Superdry’s channel revenue from the ecommerce stream was up 33.8 per cent for FY 21. Next Plc raised its profit-before-tax central guidance for FY 21 to £720 million. UK’s fashion brands got a fresh lease of life .....
BDEV And PSN Stocks in Focus Amid Rush in Housing Transactions by Hong Kong Buyers
May 06, 2021 11:07 AM BST| By Suhita PoddarSummary Hong Kong citizens have been buying London homes after the UK government announced the BNO visa scheme. Since the announcement of the visa, over 50,000 homes got sold across London. Hong Kong nationals during the period of July 2020 an.....
5 Diversified Retail Stocks to Look for in May
May 06, 2021 09:58 AM BST| By Suhita PoddarIn the past twelve months, there has been a thrilling and permanent shift to online shopping around the globe. Online retailer companies have also seen a spike in their profits during the various locally imposed lockdowns. Millions of customers hav.....
Spotlight On 3 FTSE 250 Real Estate Stocks as March Sees Strongest Mortgage Borrowing
May 05, 2021 05:01 PM BST| By Suhita PoddarSummary Net mortgage borrowing in the month of March was the strongest since 1993, at £11.8 billion. Mortgage approvals for buying a house was at 82,700, up from 73,000 in February. The housing market was primarily driven by homebuyers f.....
Lens On 3 Oil & Gas Stocks as Shell Divests US Refinery
May 05, 2021 03:17 PM BST| By Suhita PoddarSummary Royal Dutch Shell Plc to divest its Puget Sound Refinery in Washington to HollyFrontier Corp. The agreement has been finalised at $350 million in cash. The company would also additionally pay $150 million to $180 million for the invent.....
Buzz in Retail Sector: Boohoo Earnings Up 37% While Ikea Begins Buyback Scheme
May 05, 2021 01:37 PM BST| By AbhijeetSummary Boohoo reported a 37 per cent rise in its earnings for the year ending 28 February 2021. Ikea is driving its climate change initiative by launching a furniture re-sale and buyback scheme. Even though the exact uptake of the scheme is y.....
Vaccine Stocks in News: Pfizer’s Profits Rise, AstraZeneca Faces Opposition to CEO’s Bonus Hike
May 05, 2021 12:42 PM BST| By Suhita PoddarSummary Pfizer predicts US$ 26 billion from sales of Covid-19 vaccine in 2021 Proposed bonus hike for AstraZeneca’s CEO to be opposed by investors Over 1.18 billion Covid-19 vaccine doses have been administered across the globe as of.....
Why Did These 3 Stocks Were Trending on Tuesday on the LSE?
May 04, 2021 06:06 PM BST| By Suhita PoddarSummary BP Plc was reportedly planning to bid in the forthcoming auction of Crown Estate Scotland. Ferrexpo, one of the largest exporters of iron ore pellets, would be getting energy-saving solutions from The Weir Group. The FTSE 1.....
Focus On 3 REITS Stocks as Study Predicts Property Market to Face Supply Crunch
May 04, 2021 05:50 PM BST| By AbhijeetSummary A study by Knight Frank has found that the UK property market may face a short-term supply crunch. The shortage was seen mostly in the housing market than in the market for flats. Houses listed for sale was down 33 per cent over the ye.....
3 Penny Stocks to Keep an Eye on In May
May 04, 2021 05:45 PM BST| By Suhita PoddarPenny stocks or penny shares are those stocks that trade below £1 on the stock exchange for a decent amount of time and have a market cap of lower than £100 million. Penny stocks are usually of small companies and trade infrequently, wh.....
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Saudi Aramco’s Profit Soars 30 Per Cent as Oil Market Recovers, Dividend Maintained
May 04, 2021 05:41 PM BST| By Suhita PoddarSummary Net income of Saudi Aramco jumped to US$ 21.7 billion for Q1 2021 (Q1 2020: US$ 16.7 billion). The firm’s earnings before interest, income taxes and zakat for Q1 2021 was US$ 40,982, whereas Cash flow from operating activities was.....
Aviation Sector Wants Most of The Europe In Green List, WIZZ, IAG and RYA in Focus
April 30, 2021 02:47 PM BST| By Team Kalkine MediaSummary Research of epidemiologists at Yale University has shown that most European destinations would have little impact on hospital admissions. A top official in easyJet has said that as of 12 April situation, the government can allow most of.....
