Pearson share price: Analysts mull over profit warning
September 27th 2019 - While Pearson (LON:PSON) has been shifting focus to e-learning and digital resources, this kind of transformation does not happen overnight, Hargreaves Lansdown has said. The comments came after the troubled publisher cautioned on profits yesterday, having suffered from weaker-than-expected trading...
Aviva share price: Group appoints finance chief
September 26th 2019 - Aviva (LON:AV) has appointed Jason Windsor as its new finance chief, the blue-chip insurer has said. Windsor has been the group’s interim CFO after Tom Stoddard stepped down from the top finance job at the end of June. Aviva’s share price...
IAG share price flies lower as group updates on guidance
September 26th 2019 - International Consolidated Airlines Group’s (LON:IAG) share price has fallen into negative territory in London this Thursday, as the British Airways and Iberia parent flagged a hit to profits for the current year. The update comes after the company, which also...
Imperial Brands share price sinks on profit warning
September 26th 2019 - Imperial Brands’ (LON:IMB) has slumped in London this Thursday, as the company cautioned on earnings amid the ongoing crackdown on vaping in the US. The update comes as blue-chip publisher Pearson (LON:PSON) also warned on profits this morning, pointing to...
Pearson share price tanks as publisher warns on profits
September 26th 2019 - Pearson’s (LON:PSON) share price has posted a hefty fall in London this morning as the education publisher warned that its operating profit will come in at the bottom end of its guidance range. The update comes after the company posted...
Sainsbury’s share price: Analysts weigh in on results
September 26th 2019 - AJ Bell reckons that while J Sainsbury (LON:SBRY) continues to make progress, it will take time to turn around, Citywire reports. The comments come after the blue-chip grocer updated the market on its performance yesterday, posting a small rise in...
United Utilities share price outperforms as group updates on trading
September 25th 2019 - United Utilities’ (LON:UU) share price has gained ground in London in today’s session, with investors reacting positively to the water utility’s trading update. The update comes ahead of the group’s interims on November 20. As of 14:09 BST, United Utilities’...
Aviva share price: Insurer beefs up board with industry veteran
September 25th 2019 - Aviva (LON:AV) has moved to boost its board with a former finance chief of Lloyds Banking Group (LON:LLOY) and blue-chip peer RSA Insurance (LON:RSA), the FTSE 100 insurer has said. The news comes after Aviva’s interims last month when the...
TUI share price: UBS no longer bearish on group
September 25th 2019 - UBS is no longer bearish on TUI Group (LON:TUI), lifting its stance on the blue-chip tour operator in the wake of the demise of smaller London-listed peer Thomas Cook (LON:TCG). The update comes after TUI updated investors on its recent...
Boohoo share price dips even as retailer posts revenue surge
September 25th 2019 - Boohoo’s (LON:BOO) share price has fallen into negative territory this Wednesday even as the online retailer posted a rise in revenue and profits for the first half of its financial year. The update comes after the company recently lifted its...
Sainsbury’s share price surges amid grocery sales improvement
September 25th 2019 - J Sainsbury’s (LON:SBRY) share price has advanced in London this Wednesday as the blue-chip supermarket posted improved grocery sales. The company further updated the market on its plans for its banking arm and for its Argos division. As of 09:11...
Royal Mail share price: Liberum turns bearish on group
September 25th 2019 - Liberum argues that the recent strength in Royal Mail Group’s (LON:RMG) share price is at odds with threats from its workforce dispute, Citywire reports. The comments came as the analysts turned bearish on the privatised postal operator. Royal Mail’s share...
Tesco share price: Grocer launches range of plant-based foods
September 24th 2019 - Tesco (LON:TSCO) has moved to launch a new own-brand range of plant-based foods as it looks to take advantage of what it referred to as the ‘UK’s biggest food trend’. The move comes amid intense competition in the UK grocery...
Morrisons share price: Analysts weigh in on grocer ahead of Brexit
September 24th 2019 - While WM Morrison Supermarkets (LON:MRW) is the smallest of the UK’s ‘Big Four’ grocers, IG reckons that the company is seen is in a much better position to tackle Brexit than its counterparts. Deutsche Bank separately turned bullish on Morrisons...
easyJet share price: Analysts weigh in on airline after Thomas Cook collapse
September 24th 2019 - Analysts see ‘a more rational winter’ for easyJet (LON:EZJ) following the collapse of troubled tour operator Thomas Cook (LON:TPG). The comments came as the low-cost airline’s share price rallied in the previous session. easyJet’s share price has additionally extended the...
Sainsbury’s share price: Grocer set to exit mortgage lending
September 24th 2019 - J Sainsbury (LON:SBRY) is expected to exit mortgage lending as it looks to improve the profitability of its banking arm, the Financial Times has reported. The news comes after it emerged earlier this month that the blue-chip grocer was mulling over...
TUI share price surges as group updates on trading
September 24th 2019 - TUI Group’s (LON:TUI) share price has climbed higher in London this morning, with investors reacting positively to news that the company’s full-year earnings guidance remained unchanged. The statement follows the collapse of smaller London-listed rival Thomas Cook (LON:TCG) yesterday. As...
Marks & Spencer share price: AJ Bell points to another red flag
September 24th 2019 - AJ Bell reckons that the departure of Marks & Spencer Group’s (LON:MKS) finance chief marks the latest ‘red flag’ at the company, Citywire reports. The comments came after the high street retailer, which was recently booted out of the FTSE...
TUI share price boosted by rival collapse ahead of update
September 23rd 2019 - TUI Group’s (LON:TUI) share price has surged in London this Monday, boosted by the collapse of smaller London-listed rival Thomas Cook (LON:TCG). The move higher comes as the FTSE 100 tour operator prepares to update investors on its performance tomorrow....
Whitbread share price dips as group snaps up hotels in Germany
September 23rd 2019 - Whitbread’s (LON:WTB) share price has fallen in London this Monday as the Premier Inn owner announced that it was buying a portfolio of hotels in Germany, for an undisclosed amount. The update comes in the wake of the sale of...
AstraZeneca share price surges amid diabetes treatment news
September 23rd 2019 - AstraZeneca’s (LON:AZN) share price has advanced in London this Monday as one of its diabetes treatments was recommended for marketing authorisation in the European Union. The news marks a boost for the Anglo-Swedish drugmaker which has bet on new medicines...
BT share price: Telco gears up for Champions League rights auction
September 23rd 2019 - BT Group (LON:BT.A) is gearing up to defend its Champions League crown, with an auction for the television rights expected next month, The Telegraph has reported. European football became the backbone of BT Sport after the former telecoms monopoly outbid...