FTSE 100 None reporting FTSE 250 Interserve (IRV) – has acquired the Employment & Skills Group, a UK-based provider of vocational training, skills and employability services, from Ares Capital for a cash consideration of £25 million. Berkeley Group (BKG) – pre-tax profits up by 80% at £304.9 millino for the six months to October. Announces…
by Filipe R. Costa With two thirds of its exports generated by the energy sector, Russia gets into trouble every time oil prices decline. When I wrote about the issue two weeks ago, oil prices were around $80 a barrel and both the rouble and the equity markets were in free fall. But, in the meantime,…
FTSE 100 easyJet (EZJ) – passenger numbers up by 3.1% at 4,386,296 for November, load factor up by 1.5 percentage points to 90.8%. TUI Travel (TUI) – underlying pre-tax profits up by 3% at £475 million for the year to September. FTSE 250 Carillion (CLLN) – has been awarded support services contracts by Heathrow Airport…
While some were waiting for OPEC’s oil output decision last week, others were preparing for an early Christmas holiday. Not quite so lucky were those working on the next plan to save the Eurozone from going through the dormant state that has been overshadowing Japan for more than 20 years. Mario Draghi has been working…
The Markets George Osborne unveiled sweeping changes to residential stamp duty and the taxation of firms domiciled outside the UK in his Autumn Statement. The new stamp duty rules, which come into effect at midnight tonight, see the previous “slab” system replaced by new marginal rates. Under the revised format house buyers will see a…
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FTSE 100 Sage Group (SGE) – pre-tax profits up by 69% at £278 million in the year to September, dividend up by 7% at 12.12p per share. Antofagasta (ANTO) – Iván Arriagada Herrera has been named as the CEO of Antofagasta Minerals, the mining division of the Group, with effect from 16th February 2015. London…
The Markets The UK construction industry slowed down in November as confidence in the industry dropped and order books expanded at their lowest rate since June 2013. The PMI index for the sector dropped from 61.4 in October to 59.4 last month, a fall that exceeded most analysts’ expectations. Building firms complained of rising…
by Filipe R. Costa The current financial world gravitates around low interest rates. When rates decrease, the price of both equity and bonds increase, as future cash flows become more valuable, making financial investors happy. It also becomes cheaper for consumers to buy all those items they have on their shopping list, as they can…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Concha (CHA) After a sharp breakdown last week there has been a rebound off…
