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Unveiling new multi-currency revolving credit facility of €3.5 billion: Imperial Brands Plc (IMB)
April 02, 2020 07:25 AM AEDT| By Hina ChowdharyAccessing new revolving credit facility (including an initial three-year term and rolling, automatic, bi-annual extensions) of €3.5 billion yielded positive returns to the Tobacco giant, Imperial Brands PLC. It was sourced through a syndic...
Morrisons contribute £10m to food banks during coronavirus crisis
April 02, 2020 07:16 AM AEDT| By Kunal SawhneySupermarket chain Morrisons is to contribute £10 million worth of goods to the food banks of United Kingdom as the outbreak of novel coronavirus has disrupted their supply. The retailer will reportedly produce additional food items at its...
Tesco Plc in A Mid of Controversy Over Welsh Government’s U-turn On Business Rates Holiday
April 01, 2020 08:40 AM AEDT| By Team Kalkine MediaSupermarket giant Tesco Plc (LON: TSCO) is in a mid of a controversy, which is going to impact not only it but other major retailers with large bills in Wales, after Welsh Government cancelled their business rates 'holiday'. The company has been accu...
Four FTSE Earnings Update to Watch For: BLV, CSN, JLH and MOS
March 31, 2020 11:52 PM AEDT| By Hina ChowdharyBelvoir Group Plc The UK’s prominent residential property franchise group, Belvoir Group Plc (LON: BLV) supports a network of 396 individual businesses in five different brands, specialising in property sales, residential lettings a...
UK’s Exporter-Heavy FTSE-100 Surge by Around 1%, Driven by Rally in AstraZeneca’s Shares & Weaker Pound
March 31, 2020 09:10 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green- particularly, the S&P 500 index traded 66.86 points or 2.63% higher at 2,608.33, Dow Jones Industrial Average Index accelerated by 482.26 points or 2.23% higher at 22,119.04, and t...
Earnings Snapshot Of Four FTSE Listed Companies – BVXP, RBW, GLTR and PNN
March 31, 2020 03:29 AM AEDT| By Team Kalkine MediaAmidst the extremely volatile period for the financial markets, especially in the United Kingdom, after the full lockdown of country, the FCA had suggested the companies for a moratorium period of around 2 weeks, by which they should postpone the dec...
4-FTSE Stocks Battered In 2008 Crisis Turned Out To Be A Multibagger Later. Why Not Look for Similar Opportunity From COVID-19?
March 31, 2020 12:08 AM AEDT| By Team Kalkine MediaCommon stocks, even of high investment-grade quality, are subject to unprecedented market volatilities in their prices. However, value investor should be looking for the probabilities of profiting from these uncommon market scenarios, like the presen...
Seven High Dividend Yielding FTSE Stocks That re Priced Reasonably In The Market
March 29, 2020 07:00 PM AEDT| By Team Kalkine MediaAmidst these turbulent times for the global financial markets, it is extremely important to pick quality stocks, otherwise, there is a significant chance of investors losing a major portion of their wealth. It is not a secret that the market has not...
A Glance At Two Positive Earnings Amid Coronavirus Chaos: Applegreen Plc And CVS Group Plc
March 29, 2020 01:40 AM AEDT| By Team Kalkine MediaThe UK markets, which showed some sign of recovery in the last couple of days, were back into sombreness after news broke out that the British Prime Minister has tested positive for Novel Coronavirus after developing mild symptoms. This news came jus...
Tracking Some FTSE Stocks That Have Defied The Markets In The Last One Month
March 28, 2020 10:37 PM AEDT| By Team Kalkine MediaThe last few months have been terrible for the London Stock Exchange. The coronavirus pandemic has taken the market by a storm as stock prices have consistently been falling while the key benchmark indices of the market have shed more than £1 trillio...
Wall Street & European Shares Retreat After Blistering Three Days Rally
March 28, 2020 10:10 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 71.29 points or 2.71% lower at 2,558.78, Dow Jones Industrial Average Index contracted by 679.28 points or 3.01% lower at 21,872.89, and the t...
Dyson receives order for Ventilators; Babcock International to supply ventilators to NHS
March 28, 2020 03:41 AM AEDT| By Team Kalkine MediaDyson Limited received order for ventilators from the UK government The vacuum cleaner company, Dyson Limited, stated on 25th March 2020 that it had secured an order of around 10,000 ventilators. It further noted that the company was working on desi...
Next Plc Suspends All Online Operations on Employees Concern
March 27, 2020 10:31 PM AEDT| By Team Kalkine MediaNext Plc (LON: NXT) announced that they would be suspending all their online sales operations, as there was a lot of pressure from the employees of the company, especially the one who could not be at home and were compelled to work in the warehousing...
Assessing Earnings of LSE Listed ARBB, HFG and IDHC amid Covid-19 Calamity
March 27, 2020 09:35 PM AEDT| By Hina ChowdharyThe macroeconomic outlook is now increasingly becoming difficult to predict amid the rising impact of Covid-19. Following the result of the general election, the UK appeared to have increased business confidence and a growing appetite for investment....
Wall Street Rally on Hopes of Central Bank’s Pledge, Despite Record Jump in Unemployment Claims
March 27, 2020 10:10 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 86.72 points or 3.50% higher at 2,562.28, Dow Jones Industrial Average Index expanded by 830.79 points or 3.92% higher at 22,031.34, and the...
Covid -19 Battered UK Aviation Sector Still Has The Hope Of Government Support
March 27, 2020 01:59 AM AEDT| By Team Kalkine MediaThe British government is planning to lend support to the aviation sector in the best possible manner during this unprecedented hour of crisis. The British Prime Minister has shown his keenness on reviving the prospect of the sector, but as of now th...
Global Stocks Respond Positively to The US Relief Package; Earnings of Two FTSE Stocks-BWY and BOD
March 26, 2020 11:11 PM AEDT| By Kunal SawhneyFor the last couple of days, there has been some respite and sense of recovery in the markets across the globe, after witnessing continuous slump, as investors grappled with the economic impact of the covid-19. Though the economic activities in the U...
Amigo Holdings Temporarily Ceases Lending Activity As The Nation Steps Up Its Fight Against Coronavirus
March 26, 2020 10:18 PM AEDT| By Team Kalkine MediaUK’s subprime lender, Amigo Holdings Plc has decided to pause all new lending activity as Britain steps up its fight against coronavirus. However, as per the trading update dated 24 March 2020, the company would continue to provide an emergency loan...
Some FTSE Traded Penny Stocks That Investors Need To Look Out For
March 26, 2020 09:50 PM AEDT| By Team Kalkine MediaPenny stocks of late have been enticing some serious investors as well, due to the fantastic returns that some stocks have delivered in the last some time, despite their inherited high risks. Penny Stocks are basically the shares of the companies wit...
FTSE-100 index rises by around 16% from the lows hit last week on fiscal stimulus boost
March 26, 2020 10:10 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 117.92 points or 4.82% higher at 2,565.25, Dow Jones Industrial Average Index expanded by 1,303.18 points or 6.29% higher at 22,008.09, and...
AI on the Rise: A Look at Top AI Companies and Their Stocks