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Stocks
Why HSBC And Lloyds stock Are trading Down?
May 17, 2021 01:37 PM BST| By Suhita PoddarSummary A majority of banking and financial services firms have expressed optimism for the long term after the pandemic, according to a report by banking platform Yobota. 76 per cent of companies invested in new technology, and 79 per cent of s.....
FTSE 100-listed Sage Group witnessed a growth in organic recurring revenue during H1 FY21
May 14, 2021 05:26 PM BST| By Team Kalkine MediaSummary SGE had shown organic recurring revenue growth of around 4.4% during H1 FY21. SGE will pay an interim dividend of 6.05 pence per share on 18 June 2021. SGE had anticipated FY21 recurring revenue growth at the top end of the range betwe.....
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Focus On 2 FTSE Food Stocks as UK Consumer Confidence Soars To 5 Year High
May 14, 2021 03:51 PM BST| By Suhita PoddarSummary IDG Shopper confidence index reported a five year high of -1 in April 2021, from 2016, with fine food retailers expected to have a bumper season as lockdown restrictions continue to ease further. Fine food retailers’ stocks are ex.....
Why On the Beach Group Plc share prices crashed on LSE?
May 14, 2021 11:45 AM BST| By Suhita PoddarSummary On the Beach Group Plc said it will start selling trips abroad only after 1 September due to the uncertainties related to the coronavirus pandemic. It would be reviewing its position after government releases its next international trav.....
FTSE 100-listed Prudential expects demerger of Jackson in the second half of 2021
May 13, 2021 04:33 PM BST| By Team Kalkine MediaSummary Prudential had shown around 14% growth in Asia and Africa APE (Annual Premium Equivalent) sales during Q1 FY21. The Company will pay a second interim dividend of around 10.73 US cents per share on 14 May 2021. Pulse downloads have reac.....
Eurasia Mining Shares Rally on Potential Asset Sale News
May 13, 2021 03:58 PM BST| By AbhijeetSummary Eurasia Mining shares moved up by 12 per cent today, reacting to an announcement of a potential asset sale to a credible party. In case the deal is through, it would allow the gold and metals miner to pay a significant dividend to all i.....
Musk Impact: 3 FTSE Blockchain Stocks Suffer Sharp Drop in Trade Today
May 13, 2021 03:24 PM BST| By Suhita PoddarSummary Electric vehicle giant Tesla founder Elon Musk announced the company would stop accepting Bitcoin as a form of payment due to its high energy consumption and its effect on the climate. The news led to a crash in cryptocurrency and block.....
3 FTSE AIM Pharma Stocks That Have Given Returns of Over 100% In a Year
May 13, 2021 02:01 PM BST| By Suhita PoddarPharmaceuticals and biotechnology stocks have gained attention in recent times, especially vaccine related stocks, due to their contribution in the fight against the pandemic. But, aside from pharma giants, the rest of the pharmaceutical and biotec.....
Lens on BP Plc and Powerhouse Energy Amid Divergent Climate Change Developments
May 13, 2021 01:44 PM BST| By Suhita PoddarSummary Shareholders of BP Plc voted against a resolution to take the company closer to achieving its climate commitments. Over 79 per cent of total shareholders opposed a proposal placed by a shareholder group. Powerhouse Energy Group Plc wou.....
FTSE 100 listed Compass Group estimated gradual recovery for Q3 FY21
May 12, 2021 04:53 PM BST| By Team Kalkine MediaSummary CPG had shown around a 30.4% decline of revenues on an organic basis during H1 FY21. The net debt stood at £2.63 billion as of 31 March 2021. CPG expected gradual improvement in the trading performance during Q3 FY21. Compas.....
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TUI Stocks Fall as The Company Posts Heavy Half-Yearly Losses
May 12, 2021 04:39 PM BST| By Suhita PoddarSumamry TUI Group expects a strong summer season this year provided the travel restrictions are eased. Summer prices were up by 22 per cent on average for this year, said the firm. The group had a liquidity of €1.7 billion on 7 May. .....
Spotlight On 2 FTSE Consumer Services Stocks
May 12, 2021 04:14 PM BST| By Suhita PoddarSummary Catering giant Compass Group’s CEO Dominic Blakemore has said that the hybrid working model posed long term issues. UK’s largest funeral services provider, Dignity PLC, reported a jump in its underlying revenue by 14 per cen.....
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3 FTSE 100 Metals and Mining Stocks to Watch Amid Surge in Metal Prices
May 12, 2021 02:00 PM BST| By Suhita PoddarSummary There has been increasing optimism of rebound in the global economy, which would consequently reflect in the surge of demand in commodity prices Industrial metals major Antofagasta announced its plans to be carbon neutral and reduce its.....
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Four Small-Cap Healthcare Stocks That Have Given Over 50 Per Cent Return in A Year
May 12, 2021 12:52 PM BST| By AbhijeetSummary Over the last year, the biotechnology and pharmaceuticals index has been the second-worst performer in the FTSE350 Index. Healthcare stocks are a risky investment as these biotechnology firms work on breakthrough scientific research, wh.....
Lens on Travel Stocks as Airline Chiefs Call to Restart US-UK Travel
May 12, 2021 11:02 AM BST| By Suhita PoddarSummary Airline CEOs have called for a joint summit to initiate transatlantic travel. A joint letter was sent by CEOs of six passenger airline companies and a US-based aviation trade association to the transport ministers of both nations. The .....
What factors led FTSE listed WM Morrison Supermarkets to report a surge in fuel sales?
May 11, 2021 05:47 PM BST| By Team Kalkine MediaSummary MRW had delivered around 17.5% like-for-like fuel sales growth during Q1 FY22. The online sales had demonstrated year-on-year growth of around 113% during Q1 FY22. The Company had anticipated meaningful profit growth during FY23. .....
Amigo Holdings Plunge Over 25% as FCA Confirms to Oppose Rescue Plan
May 11, 2021 05:42 PM BST| By AbhijeetSummary The Financial Conduct Authority is all set to oppose Amigo Holdings Plc’s rescue scheme. A majority of Amigo’s creditors have voted in favour of the scheme, though FCA has said the proposal in its current form was not fair. .....
What Made These 2 FTSE AIM All Share Medtech Stocks Surge Today?
May 11, 2021 05:37 PM BST| By Suhita PoddarSummary Oncology firm Physiomics stocks soared after the company announced a new contract with Numab Therapeutics Detection company Kromek Group announced an improvement in commercial activity across all business segments and pipeline Medical .....
Natwest Stock Trades in Red after the UK Government Lowers Its Stake
May 11, 2021 04:12 PM BST| By Suhita PoddarSummary Treasury intends to dispose of nearly 5 per cent of its shares in NatWest Group PLC. NatWest has moved closer to completely returning to private ownership. The shares of the bank were trading lower by over 2 per cent in the morning hou.....
Focus On 2 Lesser-Known Retail Stocks as Retail Sales Jump in April
May 11, 2021 01:03 PM BST| By Suhita PoddarSummary The UK retail sales rose 7.3 per cent in April as compared to the same month two years ago. The short-term trend of pent-up demand in shopping drew consumers back to the retail stores. British high street still has to trudge a long way.....
