Shares in National Grid sparked a recovery this week, with a 1 per cent boost after better than expected half year results. The UK’s power transmission operator reported a pre-tax profit for the half year to the end of September of £785m, which was an improvement on expectations. First half underlying operating profits for the…
Mobile phone operator Vodafone received a reasonable reception to its latest results – share prices were up 1.6% despite a 1.9 bn EUR half year loss. Vodafone took a $4 billion hit on its Indian joint venture after the country’s Supreme Court ruled against it in an ongoing battle about backdated levies. Investors look to…
The UK parliament has finally agreed on an election date: December 12. This news has been greeted with some enthusiasm by traders on the UK 100 . The index was also buoyed this week by optimism around stock markets all over the world, which responded to several positive news feeds from the US-China trade situation….
Investors in Trainline have had a glimpse of the track they’re on, as the train and bus ticket seller revealed its half year results. The results were the company’s first financial statement since its IPO in June, and they revealed a 29% rise in revenue to £129m. It wasn’t enough to negate the costs of…
Ride-hailing firm, Uber, has seen its stock hit an all-time low after its IPO lock-up period ended this week. Its share price is now down to $27.11, a 45% plunge from its opening price when it was listed in a flurry of optimism in May. Investors have taken the opportunity to make a speedy exit…
Challenger bank Metro has made a remarkable return from life support, its share price rebounding by 65%. Up until now, the bank has had a terrible year, and even with the recent stock surge, share prices have lost 87% of their value. Metro’s share price now stands at 245.20p at the time of writing though,…