magazine archive
magazine archive
Week Ahead
PepsiCo is looking to regain its share price fizz
Thursday 03 Oct 2024Investors will be thirsty for evidence of a top-line turnaround when PepsiCo (PEP:NASDAQ) serves up third-quarter results on 8 October. The sodas-to-snacks powerhouse pushed the inflation-pinched consumer to the limit with price rises with the result second quarter sales missed expectations for...
UK and European manufacturing activity continues to diverge
Thursday 03 Oct 2024The UK manufacturing sector remained in ‘expansionary’ territory for a fifth month running in September with a reading of 51.5 on the S&P Global UK PMI (purchasing managers’ index). A figure above 50 indicates an expansion in activity while a figure below 50 represents a contraction. Both...
No quick fix for hard-pressed Nike
Thursday 26 Sep 2024Shares in Nike (NKE:NYSE) surged on Wall Street after the world’s biggest sportswear company announced (19 September) that Elliott Hill was coming out of retirement to take over as chief executive amidst slowing revenue growth, intense competition from Adidas (ADS:ETR) , On Running and Hoka and...
Tesco looks to extend its recent record of delivery.
Thursday 26 Sep 2024Tesco’s (TSCO) shares have ticked up 35% over the past year, so Britain’s biggest grocer by some stretch will need to deliver good news with first half results (3 October) to sustain its upwards stock price momentum. Steered by CEO Ken Murphy, Tesco is expected to update investors on another period...
Focus to shift from interest rates to earnings in coming weeks
Thursday 26 Sep 2024With rate cuts now in the rear-view mirror, and with the US market trading at an all-time price high at the end of last week, attention is likely to turn to corporate earnings to make sure we aren’t overpaying for stocks at this point. Forecasts for S&P 500 earnings have been gently drifting...
Can Raspberry Pi’s maiden results revive its stalling share price?
Thursday 19 Sep 2024Affordable computer outfit Raspberry Pi (RPI) made an excellent debut on the UK stock market back in June but excitement around the stock has fizzled out. While the shares are still up materially on their 280p issue price, they are some way below their 500p high. The company and its shareholders...
Week of rate cuts and central bank comments to dominate markets
Thursday 19 Sep 2024We aren’t in the habit of betting on central bank decisions but it seems a racing certainty the Federal Reserve will cut interest rates this week as more evidence emerges that the US economy and inflation rate are slowing. The only question in investors’ and economists’ minds was by how much the...
General Mills needs to remind investors why it is a cereal winner
Thursday 12 Sep 2024Diversified food multinational General Mills (GIS:NYSE) , which makes and markets breakfast cereals Cheerios and Lucky Charms, has a well-deserved reputation as a resilient total return stock. The company reinvests its reliable cash flows behind its brands whilst returning cash to shareholders...
LBG Media looks to further advertising recovery and US growth in the first half
Thursday 12 Sep 2024LADBible publisher LBG Media (LBG:AIM) seems to be in full recovery mode ahead of its half-year results on 18 September. Back in July, the youth-focused publisher posted a strong interim trading update with direct revenue increasing by 92% to £22 million and signaled continued growth in the US...
Crucial week for interest rate decisions in the US, UK and Europe
Thursday 12 Sep 2024Over the last couple of weeks, the economic data from the US, the UK and the eurozone has painted a picture of a global economy which is slowing, but not alarmingly so, allowing stock markets to recover from their August swoon but not enough for them to make new highs. Now, we are about to get the...