A beat of a butterfly’s wings in China can cause a hurricane over the Pacific and the opening of one man’s Twitter account can cause a massive UK Index rally or sell-off. Especially when that man is Donald Trump. I don’t need to explain to you who Trump is and why his words have immense…
This week the UK 100 looks set to close a shade lower. However this masks an impressive sell-off and rebound that could yet turn into a bullish breakout that takes the index back towards June highs, perhaps even May’s record peak. Having kicked off the week on the back foot, amid fresh fears of a…
Shares in Serco are down 5% in morning trading after the outsourcing company cut its FY 2018 revenue guidance by 6%, from £2.8-2.9b to £2.7-2.8b in the latest trading update. Note, however, that Serco maintained its FY profits guidance at £80m, which suggests higher profits margins for the company on the back of transformational cost…
Greene King management may well be toasting the recent good weather and England’s World Cup success, with Pub Company Sales up a sparking 2.2% like-for-like in the last 8 weeks, but the future is perhaps not so bubbly for them or investors. Or drinkers for that matter. And not just because of that global shortage…
IWG shares are trading -4.3% after the company reported that disappointing UK business performance is forcing it to reassess FY operating profits, which are now expected £15-20m below previous assessments. An unwelcome profits warning! The company is taking a painful short-term hit to its profitability (and to its share price) as it is investing in…
Shares in London listed airlines are understandably hampered by oil’s continued rebound from OPEC-meeting lows, rendering fuel costs more expensive. Two, however, stand out with rather divergent performance but for the same reason. Shares in easyJet are 0.3% higher after UK lawmakers, following years of delays, finally approved a third runway at London’s Heathrow airport….