Rocketman is an explosively imaginative biopic charting the life of the iconic piano man May 23, 2019 Take the John Lewis Christmas ad that made your sherry-drunk Aunt Pauline cry into her sprouts and stretch it out over a hundred or so minutes and you’ve got yourself Rocketman, the Taron Egerton fronted musical biopic charting the life and travails of bespectacled piano man Elton John. The setting is a booze ‘n’ drugs [...]
ii Winter Portfolio doubles after fifth market-beating year May 22, 2019 After an amazing fifth winter, our portfolio almost doubles in value and beats all the global indices, proving that international investors are wrong to ignore UK stocks. It also proves it is possible to time the market. Five years ago, our interest was piqued by a stock market phenomenon that promised consistent market-beating returns year [...]
Profit falls steeply at Halfords in face of ‘fragile’ consumer confidence May 21, 2019 Halfords said profit before tax fell 24 per cent in 2019 to £51m. The figures The company said revenue remained broadly flat on £1.138bn, but profit fell sharply. It said underlying profit before tax fell 17.9 per cent to £58.8m, with underlying basic earnings per share down 17.2 per cent on 24.5p. Read more: Halfords share [...]
Staffline on track for worst day in history as shares lose 50 per cent over Brexit worries May 17, 2019 Staffline lost over half its value on the market today and was on track for its worst day ever as it said Brexit uncertainty was causing companies to offer full-time roles to temporary workers, cutting out the need for the agency. Shares fell 52 per cent to 397p as the company warned that earnings before [...]
Easyjet losses soar to £275m on higher fuel prices and Gatwick drone chaos May 17, 2019 Losses shot up at Easyjet to £275m in the first half of the year, in line with expectations, the company showed this morning as it was forced to deal with lower revenues per seat. The figures Easyjet saw losses before tax deepen to £275m in the six months to the end of March, figures showed today. The [...]
Boris Johnson confirms he will stand in Tory leadership election May 16, 2019 Boris Johnson today confirmed he will stand in a Tory leadership election to replace Theresa May. Read more: Labour hand May a Brexit deal lifeline by refusing to vote down her plan The former foreign secretary told an insurance conference: “Of course I’m going to go for it.” https://twitter.com/huwbbc/status/1129004670184304642 Speaking at the British Insurance Brokers' Association [...]
JP Morgan downgrades shopping centre landlord Intu May 13, 2019 Investor concerns over beleaguered retail landlord Intu showed no sign of fading today as shares slumped a further five per cent. Read more: Shares fall at shopping centre owner Intu as it warns on rental profit The shopping centre owner was one of the leading fallers on the London Stock Exchange this morning after an analyst [...]
A complicated outlook for oil prices May 13, 2019 Oil prices have surged by around 30% this year, but the rally off the Christmas lows has paused for breath. Despite the unrest in Venezuela and Iran sanctions denting the short-term supply outlook, coming at a time when OPEC and its allies are already curbing output in a bid to raise prices, Brent crude has [...]
Short-sellers smell blood at embattled shopping centre firm Intu May 12, 2019 Short-sellers have been stepping up their bets against Intu in recent months, as they look to cash in on the embattled shopping centre owner’s current retail woes. City punters have been circling the FTSE landlord, which recently appointed Matthew Roberts as its new boss, amid downbeat forecasts that the group’s rental income will slide as [...]
Tapestry shares surge after Coach owner announces $1bn stock buyback May 9, 2019 Shares in luxury fashion group Tapestry surged today after the owner of Coach and Kate Spade announced $1bn ($768m) worth of share buybacks. Read more: Tapestry beats estimates as Coach handbags lure in sales The US holding company beat analysts’ profit expectations when it posted third-quarter results today. Gross profit rose to $916m for the [...]