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FTSE 100 watch: Footsie drops amid Supreme Court ruling

The FTSE 100 has slipped into the red in London this Tuesday, as the pound rose on the back of a Supreme Court ruling over Prime Minister Boris Johnson’s decision to shut down parliament in the run-up to Brexit. In...

Sainsbury’s share price: Grocer set to exit mortgage lending

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

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

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...

FTSE 100 preview: Trade hopes to boost index

The FTSE 100 looks set to open higher this morning, finding support in optimism over the trade relations between the US and China. Tour operators will stay in focus on the corporate front today, with an update due out from...

TUI share price boosted by rival collapse ahead of update

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....

AstraZeneca share price surges amid diabetes treatment news

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

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...

Marks & Spencer share price dips as CFO steps down

Marks & Spencer Group’s (LON:MKS) share price has fallen deep into the red in London this morning as the company announced that its finance chief had decided to step down. The news marks another blow for the high street retailer...

Thomas Cook share price: Troubled tour operator collapses

Thomas Cook (LON:TCG) has entered into compulsory liquidation, the company has said. The move leaves hundreds of thousands of holidaymakers stranded around the globe, Reuters reports. Thomas Cook’s share price tumbled on Friday, giving up 22.78 percent to close at...

FTSE 100 preview: Flat start amid US-China trade developments

The FTSE 100 is set to open flat this morning, with investors monitoring the latest trade developments between the US and China. In blue-chip company news, Standard Chartered (LON:STAN) is set to face investor backlash over pension arrangements for its...

Smiths share price outperforms after full-year results

Smiths Group’s (LON:SMIN) share price has advanced in London this Friday, with investors reacting positively to the group’s full-year results. The results follow comments by Goldman Sachs last month which argued that the medical devices and security scanner maker’s defensive profile...

Boohoo share price: Retailer to post interims next week

AIM-listed Boohoo (LON:BOO) is set to continue the retailer reporting season with its interims next week. The half-year results will come after blue-chip rival Next (LON:NXT) updated investors on its performance yesterday. Boohoo’s share price has been little changed in...

FTSE 100 watch: Footsie inches higher amid Brexit deal hopes

The FTSE 100 has climbed marginally higher on the last trading day of the week, finding support in hopes that the UK won’t crash out of the European Union without a deal. In individual movers, Rolls-Royce Holdings (LON:RR) is trading...

Thomas Cook share price slumps amid administration prospects

Thomas Cook’s (LON:TCG) share price has taken a hefty fall this Friday amid worries that the company could fall into administration this weekend, unless the troubled tour operator could secure extra funds. This marks the latest blow for the company which...

Rolls-Royce share price slides amid Trent 1000 overhaul delay

Rolls-Royce Holdings’ (LON:RR) share price has fallen deep into the red in London in today’s session as the company cautioned that problems with its Trent 1000 engines will take longer to fix than previously anticipated. The news marks another blow...

RBS share price surges as Alison Rose takes top job

Royal Bank of Scotland Group’s (LON:RBS) share price has surged in London in today’s session as the bailed-out lender appointed Alison Rose to the top job. She will succeed outgoing CEO Ross McEwan, who was recently appointed as chief executive...

Saga share price: Analysts say hard work not over

While Saga (LON:SAGA) has trimmed its dividend and is looking to focus on its direct to consumer business, that does not mean that the hard work is over, Hargreaves Lansdown has reported. The comments came after the cruises-to-insurance group for...

Centrica share price surges as Jefferies lifts rating

Centrica’s (LON:CNA) share price has climbed higher in London in today’s session as Jefferies lifted its rating on the British Gas owner. Sharecast quoted the broker as pointing to the group’s attractive risk/reward in a broader note on utilities, in...

FTSE 100 watch: Footsie rises as BoE keeps rates unchanged

The FTSE 100 has climbed higher in London this Thursday as the Bank of England (BoE) kept rates unchanged, in line with expectations. On the corporate front, investors are digesting a string of company updates, including Next’s (LON:NXT) interims which...

Diageo share price subdued as group posts trading statement

Diageo’s (LON:DGE) share price has slipped marginally lower in today’s session, as the company updated on its recent trading, saying that it was not ‘immune’ to changes to global trade policy. The Johnny Walker and Smirnoff maker, however, said that...

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