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Centrica (LON:CNA) has handed wary shareholders a good reason to pull the plug after a shock profit warning.Shocks In its third quarter trading update, usually a dull one, the group reports that...
FTSEWith the drop off 7460 yesterday the 2 hour chart has gone bearish and is showing resistance at 7412, while the 30min chart is showing resistance at the 7422 area. With the US closed today we...
What: The market has digested the centrepiece of today’s Budget – a pledge to dramatically boost homeownership – and the biggest winner seems to be the estate agents. The...
Investors sold shares of housebuilders and some estate agents hard on Wednesday despite the announcement of one of the biggest spending packages aimed at boosting home building in decades.The FTSE...
Can Pets at Home prove it’s been a good boy with next Tuesday’s half year results?The retailer has been in the doghouse for much of 2017, with a poorly received third quarter update in...
Stock markets in Europe are mixed today, and investors are looking ahead to the UK Autumn Budget this afternoon. The strong finish in Europe yesterday and the fresh round of record highs in the US...
FTSE and pound await Autumn BudgetSomewhat predictably the markets got off to a pretty quiet start this Wednesday, as UK investors await Philip Hammond’s Autumn Budget. Whether there’s...
EuropeStocks in Europe are in positive territory as optimism is seeping into the markets. Despite the sluggish start equities got off to today, the sentiment turned positive, and now they are firmly...
This Friday the notorious ‘Black Friday’ shopping spree will take place after the US Thanksgiving holiday. While this is now a global event, we are focussing on the US due to some UK...
Survival of the second-biggestEasyJet’s gambit has worked. 18 months of pain has positioned it more securely on the heels of arch rival Ryanair (LON:RYA). It’s been a brutal and in some...
What: Johnson Matthey’s interim trade results failed to set the market alight this morning, even though profit growth was roughly in line with expectations and the dividend was bumped up by 6%....
France in-lineKingfisher’s French business, once among its most profitable, has been fading into burdensome decline for several years. So a retreat of underlying sales there of 4.1% over twelve...
Stock markets in Europe are slightly in the red today as volatility is low and traders remain cautious about the political situation in Germany. Angela Merkel stated she is open to the idea of a new...
Will Carolyn McCall leave easyJet (LON:EZJ) to sink or soar when she reveals her last annual update as CEO on Tuesday?It’s been a tale of two halves for the airline. For the first 7-ish months...
To start with this morning the 7359 is fairly key support and we might well see the bulls defend this initially. There is however a few key resistance levels at 7380 which looks like it might be a...