When investing in the stock market, many a smart investor will jump on (or off…) past performance without looking at the future outlook. Those that saw Lloyds Banking Group’s results and went long would’ve suffered. Likewise those that saw Barclays today and sold out of their position off the back of a ‘disappointing’ set of…
29 Jul Digital Look Mike van Dulken, head of research at Accendo Markets, said: “A neutral open comes after a mixed Asian session with the Bank of Japan failing to deliver what greedy markets wanted – more stimulus. “We did ask whether it would do little or even hold off until September, like the ECB, in…
Shares in Lloyds Banking Group (LLOY) fell by up to 5% on Thursday despite half-year profits doubling on the same period last year. Didn’t investors get the memo?! No, it looks like they got the other one – the ‘3000 more job cuts and 200 more branch closures by end-2017‘ one. Oh, and the ‘FCA investigation into the…
Shares in UK listed house builder Taylor Wimpey have gone up by 7% after the company reported H1 2016 earnings on 27 July. No Brexit effects seen thus far – but the results were for the period mostly before the vote, during which time everyone thought the last thing that would happen would be a…
BT shareholders are breathing a sigh of relief this morning after OFCOM (UK Telecoms regulator) opted not to pull the rug out from under its key local network business. A favourable response to competition discussions sees the UK incumbent obliged to open up its Openreach network to competitors (Sky, TalkTalk; both shares muted) and consult on…
Shares in budget airline easyJet (EZJ) have taken a bit of a bashing this week after the company issued a profit warning. Hardly surprising, one might think, given the fact that a) it looks as if the Costa Del Sol is now the only ‘safe’ place left in which to take a summer break and…