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Insurers paying premiums? || 06/03/2020

Insurance giant, Aviva, was one of the UK 100 ’s gains this week, seeing its stock rise almost four per cent after reporting operating profits of £3.2 billion. Before the results, Aviva had seen a week-long slump to its share price thanks to widespread flooding and coronavirus fears. The results looked solid all round with…

Market Analysis || 28/02/2020

The situation on the UK 100 this week can best be described as a bloodbath. The week started with news that the number of new coronavirus (COVID-19) cases had exploded in Italy, South Korea, Iran and Afghanistan, sending shockwaves through the global stock markets. What has followed from Monday is a relentless selloff in almost…

Odds on for Betting Recovery? || 28/02/2020

Bookie, William Hill, saw its share price dip by 2.5 per cent after posting disappointing results that showed full-year net revenues were down two per cent year on year. The bookmakers reported full year net revenues of £1.6 bn and a 37 per cent fall in underlying operating profits to £137m. Its share price now…

Traders Corner || Spirit Maker Needs a Tonic, Luxury Carmaker Crashes || 28/02/2020

The world’s biggest spirit maker, Diageo, is in desperate need of a tonic as it revealed it could take a hit of up to £200 million due to the coronavirus epidemic. The drinks giant, which makes a host of well-loved brands, from Johnnie Walker to Smirnoff, said the epidemic will reduce its net sales by…

Company Focus || Tiling Firm Looks Floored || 28/02/2020

Topps Tiles share price has dropped through the floor this week, plunging to an all-time low after the firm issued a profit warning. The tiling giant lost 20 per cent from its share price, which is now standing at 56.96p, following the news that its profits were likely to be at the bottom end of…

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