Telecoms giant, BT, has seen its share price slip 4.6 per cent after it released disappointing third quarter results that were slightly below expectations. Revenue for the third quarter has declined three per cent and core earnings have fallen four per cent leaving the telecoms operator’s share price at 163.80p at the time of writing….
Oil giant, Royal Dutch Shell, will have to dig deep for recovery as its pre-Christmas profit warning has come to pass causing its share price to fall by a further four per cent. ` Its fourth quarter results have revealed that underlying profits were 48 per cent lower than last year at $2.9 billion leaving…
It’s been a bumpy ride for Car Store and Evans Halshaw owner, Pendragon, after its latest trading update revealed its full-year loss is likely to come in at the bottom end of expectations. Share prices fell by four per cent in the wake of the news, now standing at 12.00p at the time of writing….
The biggest news of the week was the outbreak of the novel Coronavirus in China, which has not only infected close to 500 people in at least 4 countries with 17 confirmed deaths, but also jump-started a global selloff in the stock markets. The selloff contagion also spread to the UK 100 , prompting a…
Electrical giant, Dixons Carphone shares have rallied despite an embarrassing clerical error which sent them seesawing after the latest trading update. Initially, the retailer reported it had beaten the festive slump as its sales had seen a two per cent rise in the ten weeks to the 4th January, causing share prices to rise four…
Premium mixer firm, Fevertree, looks to have lost its fizz after a massive 27 per cent share price drop this week. The flat share price, now standing at 1566.84p at the time of writing, has come about as the drinks distributor released a profit warning revealing its 2019 results would be lower than expected. Fevertree…