On the high street, supermarket giant Tesco reports it preliminary results on Tuesday and recently retail sales have been very strong with an improvement in the weather. Capital Spreads quotes 438p-438.6p.
Investment bank JP Morgan announced earnings last week that exceeded market expectations with a 57 per cent rise in profits. Much of this was down to another stellar performance from its fixed income department, which chief executive Jamie Dimon believes may be replicated with other firms. Goldman Sachs has a large fixed income department and reports earnings on Tuesday. Will Goldman Sachs show similar results to JP Morgan? City Index was offering a spread on Goldman Sachs of $156.42-$169.42.
Online gaming entertainment company 888 Holdings offers spread betters great value at the moment. Its price-to-earnings ratio of 7.2 times makes the stock look cheap and it reported strong 2009 results. Its chief executive said that 2010 has started well with strong January trading followed by a slightly slower February. Given the strong operational and financial platform, 888 remain confident over prospects for the year ahead. Spreadex offers 99.9p-100.6p.