The UK 100 winners and losers this week offer a perfect opportunity to discuss several things which can drive significant share price moves. From M&A, which I talked about last week, to company results and read-across, from management and investor comments to the latest broker opinions and regulatory responses, all have potential to send shares…
While it was records, records, records once again for global indices, while foreign exchange markets endured a rollercoaster of emotion during the Davos World Economic Forum, UK equities slipped under the radar as earnings season continued at breakneck speed. EasyJet (EZJ) literally flew Northwards of major resistance this week, climbing 5.1% on Q1 results. Incredibly, move…
The World Economic Forum in Davos continues to be a divisive event: A meeting of the rich and powerful, discussing economic challenges that effect the global populace en masse with little to no input from the people this would affect. So the appearance of the America First, blue-collar championed Republican President Trump sits slightly at…
Shares in construction and services company Kier are up a hefty 10.3% this morning, retracing much of it’s recent Carillion-collapse-inspired decline and flirt with UK referendum lows. Investors can thank a timely half-year trading update which is in-line with expectations (business steady, margins maintained) and allows management to reiterate both FY guidance (revenues secured, double-digit…
JD Wetherspoons shares trade fresh all-time highs after reporting an impressive quarter of like-for-like sales, with +6.0% topping analysts’ estimates and coming virtually in-line with the previous quarter (+6.1% in Q1), despite concerns that adverse weather would impact sales and footfall. The results come just a day after peer Marston’s reported a disappointing fall in…
Another mixed bag from the UK retail sector this morning as Q3 updates help Pets at Home shares climb 8% while N Brown falls by 12%. Both reported positive revenue growth, with strength in online, and both reiterated full year guidance. All good so far. Pets at Home has been able to reassure shareholders with…