Animal care provider, Pets At Home, has seen a boost as pet owners stock up on supplies in the current crisis, leading to a share price rise of 1.3 per cent. The group which owns pet superstores, veterinary clinics and grooming shops, revealed it expects its underlying pre-tax profit to be above market expectations of…
Tobacco firm, Imperial Brands, saw its share price ignite, up 12 per cent, after it announced that the coronavirus outbreak is having no material impact on its operations. It says it is increasing stocks of many of its products and that it has secured a new 3.5 billion EUR credit facility although it does not…
This week saw some upside recovery on the UK 100 , largely as a result of market expectations that the stimulus packages being launched by central banks in response to the COVID-19 coronavirus outbreak would kick in soon. Market participants are watching the US, which now has the highest number of coronavirus cases worldwide, for…
Lockdowns and school closures are spelling both good news and bad news for educational publisher Pearsons. The global publishing firm’s stock fell by almost ten per cent on the back of a profit warning and the news that it will suspend its share buy-back programme and investigate cost cutting measures. It is likely to be…
Teen fashion favourite JD Sports saw its share price climb seven per cent as it delayed the publishing of its full-year results till it had clarity on the impact of the coronavirus epidemic. The sports retailer also dropped its guidance for the new financial year as all its stores in the UK, US and Europe…
Bike and auto giant, Halfords, saw its share price jump 28 per cent this week, despite suspending its dividend to save cash. The chain, which has 446 stores and 369 garages, has been deemed ‘essential services’ by the Government and it is entitled to remain open throughout the current pandemic. While that is good news,…