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Centrica is priced for energy armageddon

Centrica is priced for energy armageddon

12 mins. to read

Most of the time, when you’re looking for very high yield stocks you end up finding companies which are either small, young or highly cyclical. Sometimes though, you’ll find the exact opposite, and that’s what we have today with Centrica. It’s a large, mature business operating in what should be a very defensive sector, and…

EasyJet gets a rise as losses drop sharply
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EasyJet gets a rise as losses drop sharply

0 mins. to read

Budget airline EasyJet (LON:EZJ) narrowed losses over the six months ended 31st March to £18 million, helped by rival operators’ reduced capacity and the Easter period being partially within the half-year. Passenger numbers were up by 3 million to 36.8 million, leading to a 19% increase in total revenues, which climbed to £2.18 billion. Part of…

UK Labour Market strengthens during Q1 2018

UK Labour Market strengthens during Q1 2018

0 mins. to read

The UK employment rate hit its highest level since records began in 1971 during the 1st quarter of 2018 according to the ONS, with 75.6% of the working age population having a job. The unemployment rate dropped to 4.2%, which was 40 basis points lower than the year earlier. However, this expansion in employment coupled…

We reach the Pay Offs

We reach the Pay Offs

1 mins. to read

A few weeks ago I was contacted by a reader who asked why I was so confident that Clear Leisure (CLP) would go over 2p. I replied that I was not. I merely thought that the management know what they are doing and that patience may well pay off. Anyway, I kept buying, despite being…

IWG shares continue to climb on takeover speculation

IWG shares continue to climb on takeover speculation

0 mins. to read

Shares in office space provider IWG (LON:IWG) have continued to rise today following the company’s confirmation on Friday evening that it had recently received separate takeover approaches from three firms. Management said that shareholders would be updated about any further developments in due course. At this time, there is no guarantee that any offers will be…

Call-out costs dent Centrica’s first-half earnings

Call-out costs dent Centrica’s first-half earnings

0 mins. to read

FTSE 100 power outfit Centrica (LON:CNA) benefited from increased energy demand during the recent cold weather. The weather also had negatives for the firm, however, with call-outs at record levels due to the cold, which will have a knock-on effect in operating costs and profits for the first half of the year. Additionally, poor oil…