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…
Online retailer ASOS is back in fashion with an 8.7 per cent share price rise after it reported bumper sales for the end of 2019 and a record Black Friday. In the four months to 31st December, group revenue rose by 20 per cent and ASOS’s share price now stands at 3,300p at the time…