The wheels are still turning for coach operator National Express, which saw a surge in its share price despite its operations mainly stalling. National Express issued an update on its state of play through the current coronavirus crisis, which has sent its share price soaring from 90.4p in the middle of March to 240.80p at…
Pest control specialist Rentokil saw its shares bounce back five per cent this week after it reported a rise in group revenue and revealed a raft of cost saving measures. In its first quarter results, revenue was up by six per cent to £634 million from £603 million a year previously. Sales had been up…
The UK 100 was able to stage some form of recovery this week on the back of generalized positive sentiment in global stock markets. The only bleep for the week occurred on Tuesday when news of UK PM’s hospitalization hit the markets. However, this was quickly shaken off and positive sentiment continued to lift the…
Fashion favourite, ASOS, saw a share price surge of over 28 per cent after it announced it had raised £247m from shareholders to see it through the current crisis. The online retailer has been significantly affected by the global pandemic as the closure of other brands high street stores have failed to translate to an…
Cineworld could have pulled the curtains on its recent horror show, after announcing a survival plan which has seen its shares soar by 40 per cent. The group, which runs 102 cinemas in the UK and Ireland, will suspend its dividends and bosses are to defer salaries and bonuses for a year in a bid…
Supermarket giant Tesco saw a share price slump of four per cent after its results revealed that the coronavirus situation has taken its toll on costs. In its full year results, Tesco showed underlying profits of £1.32 billion for the past year, along with a 30 per cent sales surge over the last few weeks,…