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3 EV Investment Opportunities from The UK Stock Market
April 19, 2021 08:15 AM BST| By Suhita PoddarSource: buffaloboy, Shutterstock Summary The EV market is maturing rapidly, and private players are now seizing the EV investment opportunity. There are many EV sector stocks that have doubled the investors’ money in no time. These stoc...
Why Citigroup Exited from Consumer Banking In 13 Markets
April 18, 2021 06:08 AM BST| By Team Kalkine MediaSource: Morakot Kawinchan, Shutterstock Summary Citi's revenue from the consumer banking business in Asia was down by 15 per cent to $1.55 billion during the Q4 2020. Citigroup has already put its Australian consumer banking business on sale....
5 LSE Tech Stocks One May Consider for Long-Term Investment
April 17, 2021 12:26 AM BST| By Team Kalkine MediaSource: ESB Professional, Shutterstock Summary Tech stocks have multiplied investors’ wealth by 2.5 times in past one year. Investment in tech stocks is imperative to build a good portfolio. In today’s world, exposure...
UK Alternative Meat Market Gathers Pace: 4 Hot Vegan Stocks to Watch
April 16, 2021 06:10 PM BST| By AbhijeetSource: Foxys Forest Manufacture, Shutterstock Summary Vegan products and plant-based meat alternatives have seen a rapid growth in the UK. According to the Vegan Society, UK’s vegan market may grow to over $700 million by 2025. ...
What are the significant developments announced by Accsys Technologies towards doubling the production capacity?
April 16, 2021 05:35 PM BST| By Team Kalkine MediaSource: Pavel Vaschenkov, Shutterstock Summary Accsys Technologies PLC had expected revenue to remain more than €98 million during FY21. The construction of the Tricoya®Hull UK Plant is in the final stage of completion. AXS would aim...
2 Tech Stocks on a Roll Despite Pandemic Uncertainty
April 16, 2021 03:19 PM BST| By Suhita PoddarSource: Sergey Nivens, Shutterstock Summary Accsys, with its ESG strategy and constant revenue growth, is all set to ride the decarbonisation demand trend. Despite the uncertainties around Covid-19, Kainos is looking ahead to a strong...
How These 2 Healthcare Stocks Performed Amid Pandemic Challenge
April 16, 2021 01:13 PM BST| By Suhita PoddarSource: BlurryMe, Shutterstock Summary: UK's leading cell and gene therapy firm Oxford Biomedica reported a 37 per cent increase in its revenue to £87.7 million for FY20. PureTech’s operating losses shrunk from $135.39 million in 201...
Boom in Job Advertisements: Which All Sectors Are Hiring?
April 16, 2021 12:00 PM BST| By Team Kalkine MediaSource: nitsawan katerattanakul, Shutterstock Summary Total online job advertisements on 9 April were at the same levels as the pre-pandemic times. According to the Adzuna report, vacancies saw an increase in 16 of the 28 industries. &nbs...
3 Stocks You Might Like to Consider Even During Market Rally
April 16, 2021 07:46 AM BST| By Suhita PoddarSource: whiteMocca, Shutterstock Summary Markets are on a bull run moving higher after the expedited mass inoculation drives. Investors prudently need to figure out consistent performers and select stocks which are fundamentally strong. S...
What is the financial and operational progress made by AO World during FY21?
April 15, 2021 05:15 PM BST| By Team Kalkine MediaSource:ANDRANIK HAKOBYAN, Shutterstock Summary AO World PLC had achieved remarkable revenue growth of around 62% during FY21 ended on 31 March 2021. The Company had added more than 2 million new customers during the year. had adequate liquidi...
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3 Dividend Stocks That Could Help You Beat the Market Volatility
April 15, 2021 04:37 PM BST| By Suhita PoddarSource: teh_z1b, Shutterstock Summary Dividend stocks allow you to stay invested for capital appreciation while rewarding you with interim cash flows. These stocks help investors in being invested through economic downturns and volatile...
Pandemic Impact: Orders for Deliveroo And Just Eat Takeaway Surge Exponentially
April 15, 2021 04:30 PM BST| By AbhijeetSource: goffkein.pro, Shutterstock Summary The crisis helped the food delivery business flourish, with everyday growing demand. Deliveroo’s group orders shoot up 114 per cent to £71 million as compared to first quarter last year....
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Retail Sales Run Amid Covid Reflects on Positive Numbers of TPK and FIXP
April 15, 2021 02:02 PM BST| By Suhita PoddarSource: PattyPhoto, Shutterstock Summary While workplace visits have slowed, consumer retail & recreation visits have increased across countries resulting in optimistic demand and sales run for retailers. Travis Perkins PLC and Fix Price G...
Finance Sector to Play Crucial Role in UK Recovery post-COVID, says TheCityUK report
April 15, 2021 11:00 AM BST| By Suhita PoddarSource: kan_chana, Shutterstock Summary Industry body said that the finance sector could be an engine of UK recovery post-corona. It seeks higher government emphasis on digital trade in the post-Brexit free trade agreements. A new report...
Can These 3 Penny Stocks Move Higher from Here?
April 15, 2021 07:23 AM BST| By AbhijeetSource: qvist, Shutterstock Summary Some of the penny stocks have multiplied investors’ wealth by over 4 times in past one year. In the current scenario, Tech and resource penny stocks are in high demand due the nature of their business....
Easyjet Expects Revival with Summer Holidays
April 15, 2021 06:18 AM BST| By Suhita PoddarSource: muratart, Shutterstock Summary EasyJet’s accurate capacity forecasting & focus on cash generative flying, minimized cash burn in the second quarter. The budget airline expects to fly up to 20 percent of pre Covid (2019) capac...
What are the recent business updates unveiled by FTSE listed QinetiQ Group?
April 14, 2021 05:13 PM BST| By Team Kalkine MediaSource: TippaPatt, Shutterstock Summary QinetiQ Group PLC had anticipated revenue growth of high teens percentage during FY21 ending 31 March 2021. The Company had targeted operating profit margin ranging from 12% to 13% over the medium t...
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Covid Cost Wipe Out Major Portion of Tesco's FY21 Pre-Tax Profit
April 14, 2021 03:37 PM BST| By Abhijeets growth is likely to reduce this year as pandemic restrictions ease in the UK. UK’s biggest retail chain Tesco’s (LON: TSCO) profit before tax dropped by 19.7 per cent to £825 million for FY 21. The drop came about as the comp...
Foxtons Reports Strong Revenues for Q1, Advances Acquisition Strategy
April 14, 2021 01:21 PM BST| By Suhita PoddarSource: Alexander Raths, Shutterstock Summary Foxtons invested £3 million to acquire a stake in Boomin, a next-generation property venue. The company’s first-quarter sales surged by 24 per cent year-on-year to GBP 28.5 million Rev...
Covid-19 Vaccine Makers in News: J&J, AstraZeneca and Pfizer
April 14, 2021 10:45 AM BST| By Suhita PoddarSource: insta_photos, Shutterstock Summary J&J delays the distribution of its Covid-19 vaccine to Europe. US may not use the AstraZeneca vaccine, says the chief pandemic adviser to the White House. Pfizer is likely to meet its US supply t...
