Fast food investors are not lovin it at the moment as McDonalds share price has slumped five per cent this week in the wake of its Q3 results. The burger giant posted growth in the US of just 4.8%, down from both the previous quarter and analysts’ expectations, despite same store global sales growth of…
Action on the UK 100 for this week was mostly dominated by the Brexit headlines. Last week ended with expectations of the parliamentary vote on what was dubbed as Super Saturday. Alas, there was nothing really super about the Saturday as a change of events occurred, leading to the postponement of the vote to Wednesday….
Market action for the week on UK 100 has been relatively muted. The end of the 1st phase of the US-China trade talks in Washington with a yet-to-be-disclosed partial deal, also took off the risk-on/risk-off sentiment that pervaded the markets last week. This has left the UK 100 at the mercy of the Brexit headlines…
Despite far from spectacular Q3 results from fashion favourite ASOS, its share price has soared by 17% this week. A two-thirds decline in full year profits for the online retailer has not deterred investors, and its share price stood at 3,482p at the time of writing. Results to the end of August showed that profits…
An international acquisition for stationery stalwart, WH Smith, has seen its shares jump as high as 8.4% on Thursday. WH Smith has snapped up Las Vegas-based Marshall Retail Group for £312 million, and the news had sent share prices up to 2,258p. The stationer has been described as ‘a tale of two businesses’ by Brewin…
There have been shifts in share prices for MoneySupermarket and GoCompare this week, so how do the comparison sites compare for investment potential? MoneySupermarket has seen a 10% share price dip after a disappointing Q3 trading statement. The comparison site has performed well for investors up to now, with more and more customers desperate to…