magazine archive
magazine archive
Week Ahead
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...
Hormel Foods is ready to talk turkey
Thursday 29 Aug 2024Investors lost their appetite for Hormel Foods (HRL:NYSE) after the global branded food group served up mixed second-quarter results in May, but the stock has been shaken from its torpor in recent weeks on optimism surrounding management’s turnaround plan and Mars’ takeover of Kellanova (K:NYSE) ,...
Direct Line needs to show progress after rejecting takeover bid and revealing a new strategy
Thursday 29 Aug 2024Investors will be keen to discover if insurer Direct Line Insurance (DLG) has continued its positive start to the year when it reports first-half results on 4 September after a tumultuous 12 months. The business delivered a strong first quarter, with double-digit written premium growth in Motor,...
Can Jack Daniel’s distiller Brown-Forman shake off its nasty hangover?
Thursday 22 Aug 2024Investor expectations are depressed ahead of first quarter results (29 August) from Jack Daniel’s distiller Brown-Forman (BF.B:NYSE) given the difficult market conditions facing the Lawson Whiting-led group and peers ranging from Diageo (DGE) and Pernod Ricard (RI:EPA) to Remy Cointreau (RCO:EPA...
FTSE 100 distribution group Bunzl keeps on trucking
Thursday 22 Aug 2024International distribution and services firm Bunzl (BNZL) isn’t the kind of business to grab the headlines, rather it works away in the background, steadily growing its operations both organically as it takes on more customers and inorganically as it buys bolt-on businesses. In much the same way,...