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Did a digital shift help WPP to plot a significant recovery during 2021?
March 11, 2021 03:30 PM GMT| By Team Kalkine MediaSource: Freedomz, Shutterstock Summary WPP PLC had reported a decline of 9.3% in revenue during FY20. The headline operating margin was dropped by 150 basis points to 12.9% during FY20. WPP would pay the FY20 final dividend of 14.0 pence per...
After Roblox’s Stunning Debut, A Look At 3 FTSE Gaming Stocks
March 11, 2021 02:00 PM GMT| By AbhijeetSource: sezer66, Shutterstock Summary Gaming app company Roblox surged over 60 per cent on its Wednesday debut on NYSE. Its stock closed at US $69.50 per share, after it began trading at US $64.50. After Spotify, Slack and Palanti...
Why Pets at Home Stocks Rose After Pet Supplies Crunch in UK
March 10, 2021 03:47 PM GMT| By Suhita PoddarSource: savitskaya iryna, Shutterstock Summary The rise in pet ownership during the lockdown has led to a wet food pouch crunch at supermarkets like Sainsbury’s and Morrison. The ongoing shortage drove pet supplies retailer Pets at Home&...
What next for Just Eat Takeaway.com after it delivers strong growth in revenue
March 10, 2021 11:57 AM GMT| By Team Kalkine MediaSource: Tricky_Shark, Shutterstock Summary Just Eat Takeaway's revenue jumped 54 per cent to €2.4 billion for FY20. It posted a net loss of €151 million in FY20 (FY19: €115 million). The global food delivery platform expects ac...
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Top aviation stocks to look at as UK set to cut air passenger duty
March 10, 2021 08:10 AM GMT| By Team Kalkine MediaSource: Nieuwland Photography, Shutterstock Summary PM Boris Johnson plans to lower air passenger duty on domestic flights to improve connectivity across the nation. Aviation companies including easyJet, TUI AG, and International Consolidated...
How has Headlam Group managed to recover during the second half of 2020?
March 09, 2021 03:14 PM GMT| By Team Kalkine MediaSource: Africa Studio, Shutterstock Summary Headlam Group PLC had delivered a decline of 15.3% in total revenue during FY20. HEAD had registered an underlying profit before tax of £15.9 million during FY20. The Company had resumed its d...
3 F&B Stocks in Focus as Domino’s Pizza Group Clocks Profit in FY20
March 09, 2021 01:37 PM GMT| By Suhita PoddarSource: Bogdan Mendrun, Shutterstock Summary Domino’s Pizza Group Plc reported a profit before tax of £101.2 million in FY2020 3 FTSE food and beverages firms are trying to deal with a post-pandemic reality Just Eat Takeaway NV ha...
How Aston Martin’s EV Push Can Boost Its Stock Performance
March 09, 2021 11:52 AM GMT| By Suhita PoddarSource: Jenson, Shutterstock Summary UK-based luxury auto major Aston Martin announced its plans to produce electric sports car and sports utility vehicles in the UK in 2025. The market has cheered the EV pivot, with Aston Martin’s share...
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3 Travel Stocks That Surged After Portugal and Cyprus Reopen to UK Tourists
March 09, 2021 06:56 AM GMT| By Suhita PoddarSource: stockphoto mania, Shutterstock Summary Cyprus and Portugal have confirmed the resumption of UK travellers from May. Other European countries are also planning to introduce vaccination passports. Portugal has joined Cyprus in reope...
Pearson Shares Jump 9% As Company Expects to Return to Growth In 2021
March 08, 2021 03:22 PM GMT| By AbhijeetSource: Yulia Grigoryeva, Shutterstock Summary Shares of Pearson Plc jumped more than 9 per cent on Monday. The stocks of Pearson emerged as the biggest gainer amid the 101-constituent pack of benchmark FTSE 100. For FY21, Pearson is ex...
Aviation sector calls on Johnson for more support
March 08, 2021 07:53 AM GMT| By Team Kalkine MediaSource: momente, Shutterstock Summary The sector has issued a joint letter to the Boris Johnson government asking for more state funding and support. Business rate relief, coverage of airport operations cost during closures, new sector loans a...
What Led Entain’s Two Gambling Companies Report Contrasting Result
March 06, 2021 02:42 AM GMT| By Suhita PoddarSource: Nejron Photo, Shutterstock Summary Two UK-based gambling companies, William Hill and Ladbrokes, owned by Entain PLC reported a drop in retail business due to the Covid-19 crisis. While William Hill’s profits fell sharply, Ladbrok...
What Does US Withdrawal of Tariffs on UK Exports Mean for Spirit Stocks?
March 05, 2021 01:10 PM GMT| By Suhita PoddarSource: P A, Shutterstock Summary The US has withdrawn retaliatory tariffs on exports from the UK, which was imposed by former president Donald Trump. The US had imposed 25% tariff on several exports from the UK in 2019. The move will be a br...
JD Wetherspoon To Open Beer Gardens From 12 April
March 04, 2021 01:57 PM GMT| By AbhijeetSource: IsabellaO, Shutterstock Summary JD Wetherspoon Plc (LON: JDW) on Thursday, 4 March, announced its plans to open beer gardens. Shares of JD Wetherspoon continued to trade in the negative territory after the announcement. Wa...
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Budget 2021: Why Pub Businesses Are Unhappy with Rishi Sunak’s Grants
March 04, 2021 09:05 AM GMT| By AbhijeetSource: create jobs 51, Shutterstock Summary Chancellor Rishi Sunak announced relief measures for the hospitality sector in Budget 2021. Pubs and breweries stocks responded positively to announcements; most stocks moved up. However, industry...
How Hospitality Stocks Reacted to Sunak’s Budget Announcement
March 03, 2021 04:09 PM GMT| By Suhita PoddarSource: HAKINMHAN, Shutterstock Summary UK Finance Minister Rishi Sunak announced continued business rates holiday until June, extension of furlough schemes, a new set of restart grants and others to support the hospitality sector in this year&...
Why Ford Motor Co’s decision to completely own its Halewood plant is crucial
March 01, 2021 11:51 AM GMT| By Team Kalkine MediaSource: merrymuuu, Shutterstock Summary Ford Motor Co to regain complete authority over its Halewood transmission plant. The plant was previously run as an equal partnership with German firm Getrag. The decision is expecte...
Will Airbus’ emission disclosures help meet its net zero goals?
February 28, 2021 12:05 AM GMT| By Team Kalkine MediaSource: iurii, Shutterstock Summary Airbus SE announced its plans of reporting Scope 3 emissions data due to rising pressure from investors and climate groups on Friday, 26 February. The move makes it the first airline man...
What are the latest business developments unveiled by this FTSE 100 listed consumer stock: Rightmove PLC?
February 26, 2021 03:25 PM GMT| By Team Kalkine MediaSource: godshutter, Shutterstock Summary Rightmove PLC had reported a revenue decline of around 29% in FY20. The agency segment revenue and new homes division revenue had witnessed a significant reduction of 32% and 27%, respectively. RMV wil...
Why British Airways owner IAG posted a record loss of €7.43bn in 2020
February 26, 2021 11:54 AM GMT| By Team Kalkine MediaSource: Fasttailwind, Shutterstock Summary The International Consolidated Airlines Group reported a record €7.43-billion loss in FY 2020, compared to a profit of €2.61 billion in FY 2019. IAG undertook multip...
