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…
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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The UK 100 has had a pretty lackluster week, filled with mostly choppy price action which has left it little changed from where it ended last week. However, the UK 100 is still modestly up for the week, trading at 7426.5 as at the time of filing this analysis report. Price action on the…
Beleaguered fashion and homewares retailer, Laura Ashley, saw its share price slide by 40 per cent this week after it admitted it was looking for an emergency injection of funds. Its stock has shot up again now by just over 18 per cent, now standing at 2.10p, after its majority shareholder Malaysian group MUI, agreed…