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Covid Cost Wipe Out Major Portion of Tesco's FY21 Pre-Tax Profit
April 14, 2021 03:37 PM BST| By Abhijeets growth is likely to reduce this year as pandemic restrictions ease in the UK. UK’s biggest retail chain Tesco’s (LON: TSCO) profit before tax dropped by 19.7 per cent to £825 million for FY 21. The drop came about as the comp...
Foxtons Reports Strong Revenues for Q1, Advances Acquisition Strategy
April 14, 2021 01:21 PM BST| By Suhita PoddarSource: Alexander Raths, Shutterstock Summary Foxtons invested £3 million to acquire a stake in Boomin, a next-generation property venue. The company’s first-quarter sales surged by 24 per cent year-on-year to GBP 28.5 million Rev...
7 Quality Shares from AIM to Watch: HUM, OPTI, IDH, NFC, ACSO, IGR, and DATA
April 14, 2021 08:58 AM BST| By Suhita PoddarSource: HNK, Shutterstock Summary Investing in AIM stocks can be your effortless contribution to the domestic economy AIM investing can result in meaty return and lead to exponential growth in a long term The AIM segment usually represent...
JD Sports Expects 2022 Profit to Exceed Pre-Covid Levels
April 13, 2021 05:26 PM BST| By Suhita PoddarSource:Sasin Paraksa, Shutterstock Summary JD Sports Fashion expects headline profit before tax will be between £475 million to £500 million for the full year to 29 January 2022. The fashion retailer announced higher revenue of GBP...
What Made Babcock's Share Soar Around 40% During the Day
April 13, 2021 03:44 PM BST| By Suhita PoddarSource: aapsky, Shutterstock Summary The London-based company's share rose around 40 per cent, the highest since 11 February 1993. Babcock will concentrate on being global aerospace, defence, and security corporation. At the end of March 2021...
Retail Footfall Witnesses Sharp Uptick on Reopening, but stocks were a no-show
April 12, 2021 02:53 PM BST| By Suhita PoddarSource: chainarong06, Shutterstock Summary Retail analyst group Springboard’s data up until 10 AM showed 218.2 per cent surge in overall retail footfall. High street footfall remained 31 per cent lower in terms of when compared to the sa...
AstraZeneca’s Farxiga Fails to Yield Statistical Significance for Covid-19 Treatment
April 12, 2021 11:27 AM BST| By Suhita Poddarand concerns of using SGLT2 inhibitors to treat Covid-19 patients admitted to hospital. Things are not at all smooth for the pharma major AstraZeneca Plc (LON: AZN). After getting mired in various controversies related to its Covid-19 vaccine (....
Are These 5 Stocks Good for Growth - CRDA, BOOT, RST, VCT and ANX?
April 11, 2021 02:24 AM BST| By Suhita PoddarSource:shutter_o, Shutterstock Summary Investing in Growth stocks is considered crucial for wealth creation. Most of these growth stocks have delivered double-digit returns in the past one year. Growth stocks are a preferred choice for yo...
Factors That May Lead to A Substantial Hike in FTSE 100 In the Present Quarter
April 11, 2021 01:19 AM BST| By AbhijeetSource:Peshkova, Shutterstock Summary Declining rate of infections and falling rate of hospital admissions have increased the likelihood of speedier business recovery. A large part of the market optimism is due to the expected reopening of bus...
Are Investors Staring at Another Stock Market Crash?
April 10, 2021 08:05 PM BST| By Abhijeet9 vaccine shot co-developed by Pfizer and BioNTech got promising results Stocks, currencies, commodities, derivatives, fixed-income securities, and other market-tradable assets have witnessed a never-seen-before volatility in the recent past. We...
Reopening: Most UK Consumers Feel Safe in Returning to The High Street
April 09, 2021 12:26 PM BST| By Abhijeetrollout, over one third of consumers are now feeling safe dining out at a restaurant. UK businesses are gearing up for the reopening as non-essential retailers will be opening their doors on 12 April after the third national lockdown. As ....
Top Pub and Restaurant Stocks to Keep an Eye on Ahead of Reopening Next Week
April 09, 2021 07:26 AM BST| By AbhijeetSource: Prostock-studio, Shutterstock Summary Hospitality and leisure stocks were on the rise after the Easter weekend. As of now, no Covid passports are required to visit restaurants, pubs and bars. Pub owners have invested huge amount of m...
Lens on Top Retail Stocks as UK Retail Footfalls Rise in Easter Week
April 08, 2021 02:07 PM BST| By Suhita PoddarSource: gpointstudio, Shutterstock Summary Retail footfall across Britain was up 8.5 per cent last week, a Springboard survey highlighted. Footfalls increased by 9 per cent for high streets and 9.7 per cent for retail parks during the last wee...
Deliveroo Share Shows Brief Spurt as Retail Investors Begin to Trade
April 08, 2021 08:24 AM BST| By AbhijeetSource: Hananeko_Studio, Shutterstock Summary Deliveroo stock initially edged higher on Wednesday as the retail investors were allowed to trade their shares. The food delivery group had an initial market valuation of £7.59 billion via a...
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EMA Supports Astrazeneca Jabs Despite Links with Rare Blood Clots
April 07, 2021 04:55 PM BST| By AbhijeetSource: LookerStudio, Shutterstock Summary The European Medicines Agency has said that the benefits of using AstraZeneca vaccine outweigh the potential risks it had highlighted before. The MHRA is also scheduled to come up with an up...
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5 Dividend Stocks to Watch for April
April 07, 2021 03:19 PM BST| By Suhita PoddarSource: Michail Petrov, Shutterstock Summary Dividend stocks provide investors with both capital appreciation and passive income. These investments help in seeing through the volatile periods. Investors with moderate risk appetite usually con...
3 Gambling Stocks in Focus as NHS Suggests Taxing Gambling Firms For Social Cause
April 07, 2021 12:05 PM BST| By AbhijeetSource: sutulastock, Shutterstock Summary NHS director Claire Murdoch has said gambling companies should fund addiction treatment through imposition of a compulsive levy. The UK government is reviewing betting sector laws and plans to raise th...
Pub Stocks Rise After Government Says Vaccine Certificates Not A Must After Reopening
April 06, 2021 05:30 PM BST| By Suhita PoddarSource:Extarz, Shutterstock Summary UK minister Nadhim Zahawi said that vaccine certificates will no longer be needed to visit a restaurant or a pub in England as they reopen on 12 April. JD Wetherspoon Plc and Marston’s Plc share prices...
BP Plc to Reach Net Debt Target in Q1 2021; 2 Energy Stocks in Focus
April 06, 2021 05:26 PM BST| By AbhijeetSource:Cardaf, Shutterstock Summary BP Plc on Tuesday said it expected to reach its net debt target of $35 bn in the Q1 of this year. The company received about $4.7 billion in disposal proceeds in the first quarter. BP Plc aims to sell $25 b...
Uncertainty in The Travel Sector Deepens, Focus On 3 FTSE Aviation Stocks
April 06, 2021 04:44 PM BST| By Suhita PoddarSource: Nieuwland Photography, Shutterstock Summary PM Boris Johnson at a press conference stopped short of confirming whether foreign travel would resume on 17 May. This lack of clarity has pushed the already bleeding aviation industry into f...
