In the week ahead we have a major US aluminium company and a host of US Banks kicking off earning season stateside. The question is, will these quarterly results have a knock-on for UK shares as they done so many times previously. The list of companies reporting include….. Alcoa (AA) is notorious for setting the tone for mining…
As my trading colleague mentioned last week, the fact that the UK 100 Index is trading within a tight range has generated mixed response. On the one hand it is a ‘range-traders’ dream with its repeated bounces around 6100 and fall-backs from 6200. And it’s been a month now. On the other hand it is…
Accendo Press Quotes – Week Ending 8 Apr Morningstar – 8 Apr http://www.morningstar.co.uk/IntroPage.aspx?site=uk&backurl=http%3A%2F%2Fwww.morningstar.co.uk%2Fuk%2Fnews%2FAN_1460113858358993400%2Flondon-market-midday-risky-oil-price-rally-supports-stocks.aspx LSE/ Alliance News – 8 Apr http://www.lse.co.uk/AllNews.asp?code=68e9tr1v&headline=LONDON_MARKET_OPEN_Resource_Stocks_Lead_Gainers_As_Oil_Recovers AFP/Le Figaro – 8 Apr http://www.lefigaro.fr/flash-eco/2016/04/08/97002-20160408FILWWW00067-la-bourse-de-londres-en-hausse.php Telegraph – 8 Apr http://www.telegraph.co.uk/business/2016/04/08/UK Index -100-bounces-back-as-bullish-sentiment-returns-to-oil-market/ Proactive Investors – 7 Apr http://www.proactiveinvestors.co.uk/columns/broker-spotlight/24692/marks-spencer-plc-sparks-mixed-analyst-reaction-24692.html Telegraph – 7 Apr http://www.telegraph.co.uk/business/2016/04/07/UK Index -rises-as-oil-tests-40-mark-and-copper-climbs-on-weak-dollar/ Business Insider -7 Apr http://www.businessinsider.in/Oil-just-charged-past-40/articleshow/51725317.cms Mirror…
Marks & Spencer shares are continuing to pull their socks up this morning, extending their breakout from a 5-month downtrend thanks to Q4 results which weren’t quite as pants as markets had feared from the UK’s underwear-retailer of choice. Even though the results represents a quasi-full-year profits warning, investors have given them a warm welcome to…
easyJet (EZJ) shares are encountering turbulence this morning after monthly traffic statistics shows the budget airline struggling to keep pace with rival Ryanair (RYA). While EZJ passenger numbers may have climbed 4.3% to 5.73m in March the all-important load-factor fell by a worrying 130bps to a disappointing 91.3%. On the flip side its rolling 12m total…
As we work our way towards the next set of earnings releases from the UK’s listed companies, it makes sense to start thinking about what’s in store. Cranswick Foods released a trading statement for the year ending 31 March on 5 April, a nice little warm-up (or you could think of it as defrosting the Sunday…