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GSK, Sanofi Launch Final Trials for New Covid-19 Vaccine
May 27, 2021 04:28 PM BST| By Suhita PoddarSummary GSK, Sanofi launched the final phase III trials of their delayed Covid vaccine. The phase III trial for the vaccine have 35,000 people enrolled, who are 18 years and above from different countries. The trial would study the efficiency .....
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2 FTSE 250 Real Estate Stocks Under the Spotlight
May 27, 2021 02:29 PM BST| By Suhita PoddarSummary UK real estate sector is expected to have a boom after property site Zoopla forecasts the housing market will touch £461 billion in 2021. Real estate major Hammerson was trending higher for the second day in a row, boosted by posi.....
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UK Car Production Up in April; Focus On 2 FTSE 250 Automobile Stocks
May 27, 2021 01:15 PM BST| By Suhita PoddarSummary According to SMMT data, car production in the UK increased significantly in April. 68,306 cars were manufactured in April compared to 197 in the same period a year ago. The figures also reflect an increasing shift in preference to elec.....
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Uber Agrees to UK Drivers Joining Union in Global First
May 27, 2021 01:05 PM BST| By Suhita PoddarSummary Uber has agreed to sign a deal with GBM making it the first ever deal between a gig economy service and a union. Sometimes back, the UK Supreme Court in a ruling stated that Uber drivers should be classed as ‘workers’ and no.....
Chevron, Exxon Face Climate-Focused Investors Rebuke; Shell Pulled Up by Dutch Court
May 27, 2021 10:22 AM BST| By AbhijeetSummary Chevron Corporation and ExxonMobil faced pushback from investors in their annual meetings on May 26. Investors forced the two companies to shift to lower-carbon alternatives. Shell has been pulled by a Dutch court to bring down its gre.....
SSE Plc to Continue Its Five-Year Dividend Plan Up to March 2023
May 27, 2021 07:14 AM BST| By AbhijeetSummary SSE Plc’s capital expenditure and investment for 2021-22 would be around £2 billion. The group’s adjusted operating profit was up 1 per cent to £1,506.5 million for the year ended March 2021. The impact of Covid.....
Spotlight On 2 FTSE 100 Tech Stocks: Aveva Group and Just Eat Takeaway
May 27, 2021 06:43 AM BST| By Suhita PoddarSummary UK tech industry grew at an exponential rate from 2010 to 2020, according to an industry data. The number of unicorns in the nation also grew by tenfold during the period. Software giant Aveva proposed a final dividend at 23.5 pence pe.....
Vectura Group agrees to £958 million takeover deal by Carlyle Group
May 26, 2021 05:37 PM BST| By Team Kalkine MediaVectura Group PLC (LON: VEC) is the healthcare stock listed on the London stock exchange. VEC’s shares have generated a return of 77.83% in the last 12 months. VEC is listed on the FTSE 250 index. On 27 May 2021, the Company will hold its An.....
Vectura shares spurt 34% to 4-year high as it agrees on £958m Carlyle takeover
May 26, 2021 04:12 PM BST| By AbhijeetSummary Vectura Group shares rallied very sharply on Wednesday, 26 May, hitting a 4-year high The drugmaker has agreed on the terms of acquisition with Carlyle Group Bidco will be acquiring all the share capital of Vectura for a cash considera.....
Softcat Shares Surge on Expectation of Strong Performance for FY2021
May 26, 2021 04:07 PM BST| By AbhijeetSummary Softcat Plc shares surged after it released the results of a strong Q3 performance. The IT services provider expected the cost savings relating to the pandemic to get reversed as it entered the next financial year. The FTSE 250 company.....
Lens on 2 FTSE 100 Chemicals Stocks: Croda International and Johnson Matthey
May 26, 2021 03:43 PM BST| By Suhita PoddarSummary UK manufacturing output grew to its highest in April, driven by few important sectors, including chemicals. Chemical’s giant Croda’s shares surged in trade today. The UK chemicals sector has faced some volatility due to.....
Marks & Spencer Posts A Loss Of £201.2 Million; Clothing & Home Sector Worst Hit
May 26, 2021 01:13 PM BST| By AbhijeetSummary Marks & Spencer Group posted a loss of £201.2 million for the 53 weeks ended 3 April. The group said clothing & home results reflected the impact of a change in product mix and stock clearance challenges. The company said.....
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After Innova, Pfizer Chooses Bristol As Location for Its New Vaccine Research Centre
May 26, 2021 12:53 PM BST| By Team Kalkine MediaSummary The UK has been ranked as world’s top developed country with the best healthcare system overall. Innova, the world’s largest rapid Covid-19 test maker, recently decided to start manufacturing in the UK. Pfizer, one of the w.....
Lens On 2 Realty Stocks as The UK Property Market Set for A Boom
May 26, 2021 10:24 AM BST| By Suhita PoddarSummary A Zoopla report has forecasted 1.52 million home sales across the nation in 2021, higher by 45 per cent as compared to the previous year. The value of housing properties sold this year is projected to touch £461 billion, up 46 per.....
5 FTSE Technology Stocks to Keep on Your Radar for The Month of June
May 26, 2021 08:27 AM BST| By AbhijeetUK technology sector has been at the forefront to minimise the wrath of the pandemic. Showing immunity against COVID-19, the sector reported an above-average annual growth of 26.7% in its revenue on a year-on-year basis in the first quarter of 2021.....
Focus on 2 FTSE 250 Retail stocks: Dunelm PLC and Frasers Group PLC
May 26, 2021 07:16 AM BST| By Suhita PoddarSummary The Confederation of British Industry reported that UK retail sales data for May were in line with normal volumes, however, it was a bit of disappointment following April’s blockbuster results The body reported sales dropped to -3.....
FTSE 250 listed Shaftesbury seeking for summer revival after reporting a wider first-half loss
May 25, 2021 05:51 PM BST| By Team Kalkine MediaShaftesbury PLC (LON: SHB) is the financials stock listed on the London stock exchange. SHB’s shares have generated a return of 14.62% in the last 12 months. SHB is listed on the FTSE 250 index. Company Overview Shaftesbury PLC (LON: SHB) i.....
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2 Retail Stocks to Look at As UK Shoppers Return to Supermarkets Post Reopening
May 25, 2021 02:50 PM BST| By Suhita PoddarSummary UK supermarkets got more footfalls in the 12 weeks to 16 May, as the vaccination programme is progressing in full swing. The average basket size in the UK shrunk for the third month in a row to £22.82. The latest research fro.....
Spotlight on 2 FTSE Pharma Stocks: Astrazeneca PLC and Indivior PLC
May 25, 2021 01:11 PM BST| By Suhita PoddarSummary A recent GlobalData survey highlighted a majority of US, and UK healthcare professionals believed the UK is an attractive destination for research and manufacturing in the sector post Brexit. Vaccine maker AstraZeneca’s share drop.....
5 FTSE Oil and Gas stocks with over 6% of dividend yield
May 25, 2021 11:31 AM BST| By AbhijeetDividends help in amplify an investor’s return and high dividend-paying stocks act as a passive source of income generation and provide an opportunity to diversify the portfolio as well. These stocks are quite popular among investors as they .....
