magazine archive
magazine archive
News
Share price recovery wiped out for TUI, EasyJet and IAG
Thursday 30 Jul 2020The share price recovery in many travel stocks has been wiped out by the UK Government’s decision to impose a two-week quarantine on everyone arriving from Spain. Tour operator TUI ( TUI ) and airlines EasyJet ( EZJ ) and International Consolidated Airlines ( IAG ) are now trading around, or lower...
Why gold has reached an all-time high
Thursday 30 Jul 2020Gold has hit an all-time high of $1,980 per ounce as increasing numbers of jittery investors look for a safe place to put their money amid rising US-China tensions and a worsening economic outlook from the coronavirus pandemic. At the time of writing, the spot price of gold stood at around $1,935...
Games Workshop and Greggs: A tale of two consumer-facing stocks
Thursday 30 Jul 2020Results from two of the stock market’s best-in-class consumer-facing companies triggered opposite share price reactions on the day (28 July), moves that demonstrated the contrasting fortunes of the pair. While fantasy miniatures maker Games Workshop ( GAW ) gained on the expectation its stellar...
Netflix under pressure to retain customers won during lockdown
Thursday 23 Jul 2020US streaming giant Netflix is on track to break the 200 million subscriber mark this year and growth in users could beat current expectations assuming long-run trends play out through the rest of 2020. Figures announced on 16 July showed that Netflix added more paid subscribers over the past six...
Future shows resilience to coronavirus crisis
Thursday 23 Jul 2020Not too many businesses are currently guiding for their results to come in at the top end of expectations, indeed many are not providing any guidance at all, but media stock Future ( FUTR ) has bucked the trend. A strong showing for its digital business through lockdown, progress on the integration...
UK dividends could drop by 40% in 2020
Thursday 23 Jul 2020UK dividends plunged 57% in the second quarter and could see a 40% decline across the whole of 2020, according to financial administrator Link. Second quarter dividends fell by 57.2% to £16.1 billion on a headline basis (including special dividends). Excluding specials, exceptionally high this time...
Stamp duty holiday boosts house prices and property-related shares
Thursday 23 Jul 2020The decision by chancellor Rishi Sunak to temporarily waive stamp duty on the purchase of homes up to the value of £500,000 in England and Northern Ireland until the end of March 2021 has reignited the housing market after months of hibernation caused by the coronavirus. Since the announcement on 8...
Biotech rally on Covid treatments becoming harder to justify
Thursday 23 Jul 2020Having been out of favour with investors for the last few years healthcare stocks have become hot property with some remarkable share price performances since the outbreak of Covid-19. The response to the virus has been impressive with over 90 candidate vaccines currently being tested globally with...
US earnings season unlikely to add clarity to full year outlook
Thursday 16 Jul 2020After US stocks racked up their best quarterly performance for 20 years in the three months to June, with the S&P 500 index gaining 20%, this month sees the start of the US reporting season. According to Factset, the consensus forecast is for a 44.6% fall in second quarter earnings for the S...
Red hot Tesla could put huge stock offering on the table
Thursday 16 Jul 2020Shares in Tesla have been on a tear this year, rallying right through the Covid-19 pandemic to close at record highs of $1,544.65 on 10 July, posing the question of whether the company should take the opportunity to raise more cash. At that price the stock had already jumped almost 43% in July...