Why Ocado shares have been chased sharply higher July 9, 2019 A costly warehouse fire hasn’t dented enthusiasm for the shares. Our head of markets explains. Ocado (LSE:OCDO) transformation from online retailer to cutting-edge technology provider remains clear for all to see. The Andover fire in February was an unwelcome distraction and has come at a cost both in actual terms as well as in lost [...]
International Women’s Day 2018: Why this year’s event is more important than ever March 8, 2018 International Women’s Day never passes without fevered debate around whether it is really necessary, but this year there are more arguments than usual in favour of dedicating a day to women. The past six months have been marked by scandals surrounding the treatment of women in the workplace, after Harvey Weinstein was ousted from his [...]
Rio Tinto rises as iron output grows two per cent in line with expectations January 18, 2019 Rio Tinto showed its metal this morning as iron shipments increased two per cent in line with the company’s 2018 guidance. Shares in the FTSE 100 miner had risen around one per cent by the early afternoon to 2,937p as the company reported that copper output had rocketed 33 per cent, ahead of expectations. However forecasts [...]
US Election: Biden’s (almost certain) win: How it happened November 6, 2020 Live updates on the US Presidential Election 2020 as Donald Trump and Joe Biden go head to head. Rolling coverage as Americans vote.
Metrobank shares plunge as cash call spooks investors February 26, 2019 A fresh wave of investor concern loomed over Metro Bank tonight after an emergency cash call and news of a regulator probe spooked the City. The dog-friendly challenger bank made a shock move to rush out its full-year results this evening in a bid to quell concerns after announcing a plan to tap up investors [...]
Capita share price drops more than a third: This is how City analysts and experts reacted January 31, 2018 Outsourcing giant Capita announced the suspension of its dividend as part of a transformation plan this morning – and shares duly plunged by more than 40 per cent. The group has been struggling with a subdued market for some time now: former boss Andy Parker stood down last year after revealing a 33 per cent [...]
Global stock markets stumble into New Year as investors spooked by economic fears in China and US January 2, 2019 Stock markets staged a recovery this afternoon after economic fears continued to weigh on both the FTSE and Wall Street into 2019 after they recorded 10-year lows in 2018. The FTSE 100 recovered to close 0.04 per cent down after an initial 1.8 per cent fall, and Wall Street also rallied after tumbling as it opened, spooked [...]
Weekly outlook, 2-6 November: FTSE heavyweights in spotlight as election day arrives November 2, 2020 It’s election day at last, and while the outcome of Tuesday’s vote in the US will drive the headlines for much of this week and beyond, there’s still a full slate of results and economic updates in store for UK markets. With coronavirus cases now surging at an alarming rate, Boris Johnson has announced a [...]
2017 company earnings in graphs March 2, 2018 Each week during the earnings season, Charles Stanley Earnings Tracker looks at reported earnings from major markets across the globe and compares them with analysts’ expectations. It covers the S&P, FTSE 100,FTSE 350 and the Topix and also contains forward-looking earnings forecasts. As central banks prepare to reduce stimulus measures, solid corporate earnings growth is [...]
Royal Mail downgrade forces shares below the government’s 2013 IPO price October 9, 2018 Shares in Royal Mail have dropped below their controversial IPO valuation for the first time after the company was downgraded by two banks this morning. The FTSE 100 company, which floated at 330p a share in 2013, briefly dropped as low as 322p in morning trading. A profit warning issued last Monday sent the company’s [...]