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Story In Numbers
FTSE 250: Dividend Yields
Thursday 11 May 2017‹ Previous 2017-05-11 Next ›
FTSE 100: Dividend Yields
Thursday 11 May 2017‹ Previous 2017-05-11 Next ›
$35,000: Tesla launches ‘affordable’ car
Thursday 11 May 2017US electric car manufacturer Tesla is poised to launch its Model 3 in the US. This is its most ‘affordable’ vehicle to date at a pricing point of $35,000. The company hopes to hit production of 5,000 a week by the fourth quarter of 2017. The car certainly looks more affordable than Tesla’s shares,...
Apple is cashed up
Thursday 11 May 2017$256.8bn Companies will often refer to a strong balance sheet if their cash simply outweighs their borrowings. However, it is difficult to find a superlative to sum up US consumer electronics giant Apple’s $256.8bn of cash. This enormous cash pile could pay for: • 601.4bn Eating apples • 287.9m...
2/3 Galliford Try suffers big hit on legacy contracts
Thursday 11 May 2017The legacy contract write-offs revealed by construction firm Galliford Try ( GFRD ) at £98m effectively wipe out two-thirds of the £154m forecast pre-tax profit for 2017. Galliford has overhauled its risk management and operating performance processes to ensure that ‘new work contains sufficient...
US companies post bumper earnings
Thursday 11 May 2017The first quarter earnings season in the US was the best for 13 years, according to analysis by Bank of America Merrill Lynch. The investment bank notes that not only have earnings per share (EPS) come in ahead of expectations but revenue has also beaten forecasts. This is significant as it implies...
70,000 prototypes: Eve Sleep’s lengthy road to final product
Thursday 11 May 2017Online mattress retailer Eve Sleep , which hopes to join the AIM stock market in mid-May, says its management team spent 12 years between them developing 70,000 prototypes before agreeing on the final end product. The company counts Channel 4 among its investors, as the broadcaster has a fund which...
15% ‘Trump tax’
Thursday 04 May 2017It’s been labelled the ‘biggest tax cut in history’ by some commentators as president Donald Trump revealed plans to slash the rate levied on US corporations to 15%. The current tax rate is 35%, one of the highest in the developed world, ahead even of the traditionally socialist-leaning French (33...
Demographic drag for Japan
Thursday 04 May 2017Japan’s population will fall to 88m by 2065 and hit just 51m by 2115 says the National Institute of Population and Social Security Research based in Tokyo. This represents a decline of 31% and 60% respectively. Japan’s demographics, with over a quarter of the population over 65 years old, presents...
Why Countrywide’s first quarter wasn’t as bad as it looked
Thursday 04 May 2017Estate agent Countrywide ( CWD ) suffered a 29% year-on-year decline in house sale exchanges in the first quarter of 2017. While this sounds terrible, the decline was most likely distorted by last year's comparative figures. There was a rush of sales in the first quarter of 2016 ahead of a rise in...