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Pub and Restaurant Stocks Heave A Sigh of Relief with Government Not Going for A Lockdown
September 22, 2020 05:11 AM BST| By Kunal SawhneyThe woes of UK’s hospitality industry don’t seem going to get over soon. When all seemed returning to normal, the rapid rise in new Coronavirus cases has forced the government to tighten the measures to contain the spread. Prime Ministe.....
G4S Turndown the £3bn Acquisition Offer Made by GardaWorld
September 16, 2020 09:43 AM BST| By Team Kalkine MediaG4S, the security firm of the United Kingdom, had been offered a £3 billion ($3.8 billion) hostile takeover bid from its Canadian rival GardaWorld, which was ultimately rejected by the company, on the ground that it was it belittles the compa.....
A Comparative Analysis of FTSE 100 Versus S&P 500 In the Present Scenario
September 15, 2020 02:22 PM BST| By Team Kalkine MediaSummary S&P 500 has quadrupled in value since 2009 while the FTSE 100 has only doubled Technology businesses such as Apple Inc, Microsoft, Alphabet, and others represent 35 per cent of the S&P 500 index and has been supporting the rise .....
A Lens over Carnival and TUI Stocks Amidst the Jitters in Holiday Companies
September 11, 2020 02:20 PM BST| By Kunal SawhneySummary Cities Direct becomes the latest travel company to cease trading due to the impact of Covid-19 crisis End of furlough scheme next month coupled with the ongoing slump in travel bookings could lead to collapse of more businesses within t.....
EasyJet and IAG Stocks Soften with Slump in Demand on New Quarantine Measures
September 09, 2020 02:15 PM BST| By Kunal SawhneySummary EasyJet announced on 8 September 2020 that it will reduce the number of flights that have been currently operating after fresh quarantine measures were issued by the UK government BA has been in news recently for refusing to refund cash.....
Top FTSE 100 low debt companies for lower risk exposure - BATS, LSE & AAL
September 08, 2020 11:41 PM BST| By Hina ChowdharySummary A difficult economic situation like a pandemic put additional pressure on the finances of the company, forcing them to raise more debt, which badly impacts their profitability. The FTSE 100 index companies are the largest and strongest .....
British Airways Clashes with Heathrow Ltd Over the Development Cost-Sharing
September 08, 2020 06:37 PM BST| By Kunal SawhneySummary The current tussle between Heathrow ltd and IAG, the owners of British Airways is over the sharing of costs amounting to £500 million. A third runway on the Heathrow airport was under development until the month of February this y.....
The Plight of the Aviation Sector Continues Unabated- Ryanair, EasyJet And Melrose In Focus
September 06, 2020 02:20 AM BST| By Kunal SawhneyThe bounce-back situation with British Aviation as well as the aerospace industries looks far from being normal in the near term. While the Aviation sector, on the one hand, is suffering on account of continuing customer reluctance to fly, for fear.....
New Car Registration Decline in August, Zero-Emission Vehicles Remain in Demand
September 04, 2020 02:13 PM BST| By Kunal SawhneySummary Registrations for the new car in Britain declined by 5.8 per cent in August, in annual terms, as per SMMT data Registrations for private cars were down by 699 units in the month because of the decrease in the demand from businesses of a.....
Car Finance Applications Rise During July And August- Stocks of AUTO and LOOK in Focus
September 03, 2020 02:20 PM BST| By Kunal SawhneySummary Car finance applications, including both Personal Contract Purchase and Hire Purchase agreements, have risen considerably in the month of July and August. July witnessed a surge of 27.7 per cent in car finance applications in compariso.....
Saga Plc Rejoices with Reports of Sir Roger De Haan’s Return as Chairman
September 01, 2020 05:11 AM BST| By Hina ChowdharyThe former top official of the holiday operator, Saga Group is planning to invest £100 million into the business while also making a comeback as the Chairman of the company. As part of efforts to restore its fortunes, Saga Group is anticipat.....
Can Cineworld Stock Put Out an Alluring Show for Investors?
August 30, 2020 02:00 AM BST| By Team Kalkine MediaSummary Cineworld has been seeing a good rise in its share price since 11 August led by some rumours of takeover Rise in share price could also be attributed to the UK government’s decision to ease in the lockdown The company is looking .....
UK Car Manufacturing Show Signs of Recovery, Aston Martin And Rolls-Royce In Focus
August 28, 2020 08:25 PM BST| By Team Kalkine MediaSummary In July, the automobile manufacturing of the United Kingdom surged; however, it remained below its 12 months prior level As per the SMMT report, the UK car manufacturing fell 20.8 per cent in July with 85,696 units made, the production .....
Carnival Plc Starts Cancelling Next Year’s Cruises - Is Industry’s Pandemic Impact Worsening?
August 27, 2020 02:55 PM BST| By Team Kalkine MediaSummary Carnival’s most of the cruises have postponed their voyages for the next year Costa has introduced Covid-19 tests for its guests; becomes the first cruise company to obtain RINA certification The long-term prospects of the Carniv.....
E-Commerce Comes to Aid Royal Mail Plc, Return Traffic Increases By 25 Per Cent
August 27, 2020 02:35 PM BST| By Kunal SawhneySummary Royal Mail Plc was able to register a 25 growth in its returns traffic business during the month of July compared to what it was during the same period a year earlier. The deluge of online shopping and the extension of the shopping retu.....
Infrastrata Plc to Build on Significant Synergies with Acquisition of The Historic Devon Shipyard
August 27, 2020 11:58 AM BST| By Team Kalkine MediaNatural gas storage company, InfraStrata Plc bought a historic shipbuilding yard in North Devon, which is likely to reopen after 18 months. The company bought the Devon shipyard for a total consideration of £7 million which is payable in.....
Performance of FTSE 250 Travel Stocks-Carnival, Easyjet, TUI Amid Growing Call for Additional Measures to Spur Demand
August 25, 2020 08:37 PM BST| By Team Kalkine MediaSummary The British travel industry has already lost more than 39,000 jobs because of the pandemic and is also witnessing a sluggish recovery because of the numerous safety-related restrictions on travel The Association of British Travel Agent.....
USFDA Approval for AstraZeneca Vaccine Bring Cheer at FTSE 100 as well
August 25, 2020 02:00 PM BST| By Kunal SawhneySummary Equity markets across the globe turned jubilant on hopes about the early improvement on the pandemic front The USFDA approval for the AstraZeneca candidate ahead of its American contender, Moderna's much-hyped candidate, raises hoped of.....
The UK Cinema Industry to Test the Moviegoers' Post Lockdown Appetite with “Tenet”
August 24, 2020 10:43 PM BST| By Team Kalkine MediaSummary Tenet will be the first theatrical release of a Hollywood blockbuster in the country after the lockdown was imposed in the month of May The industry has had the worst year in three decades this year because of the pandemic. Since the re.....
Demand Grows for Extension of Eat Out to Help Out - RTN, WTB, MAB and JDW Stocks Make Strong Gains
August 24, 2020 02:00 PM BST| By Team Kalkine MediaSummary Eat Out to Help Out, one of the most popular support schemes of the UK government is coming to an end on 31 August A discount on food or non-alcoholic drinks of 50 per cent, up to a maximum of £10 discount per diner was allowed on.....
