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Wizz Air (LON: WIZZ): Should you buy after an upbeat performance?
January 04, 2022 01:02 PM GMT| By Sreenivas D AjankarHighlights FTSE250 listed passenger airline company WIZZ Air Holdings reported improved operational performance, carrying more than 2.6 million passengers in December. The airline company also announced that it had acquired 15 daily slot .....
HT&E (ASX:HT1) completes acquisition of Grant Broadcasters
January 04, 2022 08:07 AM GMT| By Priyanka PayalHighlights HT&E Limited completes the acquisition of Grant Broadcasters for a consideration of AU$307.5 million. The Company has acquired the entity via its fully owned subsidiary, Australian Radio Network Pty Ltd (ARN). The acquisition ha.....
Top 5 FTSE gambling stocks of 2021
January 01, 2022 12:13 AM GMT| By Suhita PoddarHighlights The gambling sector witnessed a shift towards online betting during the pandemic. For online betting, adults aged over-65 were the fastest-growing age bracket, rising by 4.8 per cent between Sep 2019 to Sep 2021. The gambling se.....
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Marston’s (MARS) & Mitchells & Butlers (MAB): 2 pub stocks to buy
December 31, 2021 08:21 AM GMT| By Suhita PoddarHighlights The December sales of the UK hospitality sector were down by about 40 to 50 per cent compared to December 2019. Average venues' sales in December for Christmas Day were sharply down by 60 per cent. Rishi Sunak had recently ann.....
Omicron impacts hospitality sector recovery: Can you hold these stocks?
December 30, 2021 07:01 AM GMT| By Sreenivas D AjankarHighlights The recent surge in coronavirus cases has adversely impacted the pubs, bars, and restaurants business. December is the key month for the hospitality sector, generating nearly three months’ worth of business. The Unit.....
Should you hold these 2 FTSE-listed airline stocks?
December 30, 2021 06:16 AM GMT| By Suhita PoddarHighlights International flights in the UK fell sharply by 71 per cent to 406,060 flights this year up to 22 December, due to covid-19 induced travel restrictions. The international travel sector has not seen any significant recovery due to cha.....
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Should you go for FTSE cruise line stocks amid rising cases of Omicron?
December 29, 2021 10:48 AM GMT| By Sreenivas D AjankarHighlights The recent rise in Omicron variant cases across the globe is adversely impacting the cruise line companies and is likely to derail the industry recovery. The outbreak of the virus is another blow to the industry, which is still.....
Travel restrictions: Which Airline stocks may get impacted most?
December 28, 2021 12:47 AM GMT| By Sreenivas D AjankarHighlights Airlines UK, a trade body representing the UK registered airlines, has asked for immediate financial assistance for the airline industry, facing the latest stress of Omicron. The sector has not received any direct support from the go.....
Should you still invest in aviation and travel stocks?
December 27, 2021 04:30 AM GMT| By Rishika RainaHighlights The travel and tourism sector is yet again taking the brunt of the Omicron fear spreading globally with a new wave of travel restrictions. The burden of restrictions is disproportionately falling on the aviation sector, which h.....
Should you buy Reckitt Benckiser (LON: RKT) shares now?
December 24, 2021 03:56 PM GMT| By Sreenivas D AjankarHighlights FTSE100 listed disinfectant product maker Reckitt Benckiser Group Plc has agreed to the sale of its E45 skincare brand and associated sub-brands to Stockholm-based Karo Pharma. The sale of E45 skincare is part of the company’s .....
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Flutter (FLTR) shares surge on Sisal acquisition: Buy call?
December 23, 2021 11:23 AM GMT| By Suhita PoddarHighlights Flutter Entertainment shares jumped 3.5 per cent following its acquisition news of Sisal on Thursday. The Sisal deal is worth about EUR 1.913 billion, from CVC Capital Partners Fund VI Ireland-based bookmaking firm Flutter Enter.....
Daily Mail to delist from LSE: What investors should be doing now?
December 23, 2021 09:06 AM GMT| By Rishika RainaLondon is soon going to see another major departure from its main market. After a successful bid placed by Daily Mail’s biggest shareholder, Lord Rothermere, the group is all set to delist from the London Stock Exchange (LSE) and go private a.....
Omicron scare: How are the pub stocks doing?
December 23, 2021 09:04 AM GMT| By Rishika RainaHighlights Over 400 pubs have been wiped out in England and Wales in 2021 due to pandemic related slowdown. On an average, 37 pubs are being transformed into offices or homes every month. With the impact of Omicron still unclear, the future of.....
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Pandemic sees rise in online gambling: Should you buy these 2 stocks?
December 22, 2021 09:54 AM GMT| By Suhita PoddarHighlights The number of over-65 people who gambled online at least once a month rose by 624,377 since the onset of the pandemic due to closed betting shops and limited alternate options. The percentage of over-65 aged online gamblers increased.....
Should you buy these 2 FTSE 250 rail stocks?
December 21, 2021 02:51 PM GMT| By Suhita PoddarHighlights Train services in the UK have been impacted as several rail operators have cut down their timetables ahead of the holiday getaway period. Rail operators blamed the covid-19 related staff shortages for the impact on services. 500 fro.....
Are these 2 hospitality AIM stocks still a buy?
December 21, 2021 09:13 AM GMT| By Suhita PoddarHighlights UK’s pub and restaurant companies are due to face a steep quarterly rent bill of about £1.5 billion amid sharp drop in the festive trading period due to omicron fears. Trade body, UK hospitality said about 33 per cent of .....
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Greggs (GRG): How much would £1k invested 5 years ago be worth now?
December 21, 2021 07:18 AM GMT| By Suhita PoddarHighlights Greggs PLC, an FTSE 250 index constituent, has risen by 45 per cent in the last 5 years. An investment of £1,000 into Gregg’s shares would be worth around £3,605 as of December 2021. Midcap stocks can offer u.....
Domino’s Pizza (LON: DOM): Is it the best buy before the year-end?
December 17, 2021 07:08 AM GMT| By Sreenivas D AjankarHighlights Domino’s Pizza Group shares rose over 22% after the company announced that it had reached a resolution with the franchisees. The new resolution will run for an initial period of three years, starting from 3 January 2022. .....
Ryanair (LON: RYA): What you should do ahead of delisting?
December 16, 2021 11:51 AM GMT| By Suhita PoddarHighlights Ryanair’s CEO Michael O’Leary reportedly said the airline anticipates about 10 per cent fewer passengers in December 2021 and January 2022. The airline reportedly expects about 10 million passengers in December, com.....
Hospitality faces pseudo-lockdown situation: Which FTSE stocks to buy?
December 16, 2021 10:29 AM GMT| By Sreenivas D AjankarHighlights The UK hospitality industry has asked for urgent financial aid following a drastic decline in new bookings ahead of the important festival season. The recent rise in coronavirus cases has resulted in pseudo-lockdown like situat.....
