easyJet Land At Bottom Of FTSE

Friday, 19th October: Earnings season is set to kick off next week which has encouraged investors to flee from European airline companies, resulting in the travel experts of the industry being splattered in red. On the FTSE 100, easyJet landed at the very bottom, more than 6.0% down in the afternoon, and almost 30.0% lower…

Domino’s Have A Feast On Q3 Results

Thursday, 18th October: The UK franchise of Domino’s was at the top of the FTSE 250 on Thursday morning after their Q3 update and announcing a £25 million share buyback plan. During the 13-week period he group opened 23 new stores, 20 of which were in the UK, and experienced a 5.9% increase in sales….

FTSE Deteriorates On Housebuilders

Wednesday, 17th October: A handful of housebuilders were at the bottom of the FTSE index this morning, Crest Nicholson suffering the most and falling to lows which were last recorded in 2013 after they warned the market of lower full-year profits, between £10 million and £30 million lower than previously forecast to be precise. In…

Ocado Trump Tesco On The FTSE

Tuesday, 16th October: The tedious period of weak pay rises for workers in the UK seems to be coming to an end, as new data revealed a 3.1% increase in earnings, excluding bonuses, in the three-month period to August. Prior to the global financial crisis, 4.0% increased in pay growth was the norm, but troublesome…

ConvaTec CEO Steps Down

Monday, 15th October: After the turbulent week of a global sell-off, this week began somewhat calmer as the blue-chip index opened around 0.1% higher in the morning. Superdry and ConvaTec were at the very bottom of the FTSE 250 on Monday morning as they both issued warnings with regards to profits and revenue, ConvaTec suffering…

A False Dawn for Markets as Patisserie Valerie Rescue Gets Underway

Friday, October 12: An overnight relief rally in Asia provided Europe with the impetus to open in the green with the FTSE 100 led higher by a raft of mining, industrial and consumer stocks. However, the relief rally proved short lived as European pared small gains in late trade to close down. Carclo(-5.81%) was one…