Mining shares fall as coronavirus crisis highlights global dependency on China trade
Markets are sensitive to China's increased significance in global trade flows
Archive
2401 stories · page 60 of 121
Markets are sensitive to China's increased significance in global trade flows
Tuesday should also see a year-end trading update from drinks maker AG Barr and over-50s insurance and travel group Saga
Helen Willis, who will leave the banknote printer with immediate effect, follows the exit of the company's chairman, CEO and a number of other directors in 2019 as it struggles to revive its fortunes
The price target was slashed to 100p from 220p to reflect margin and sales decline
Joules has identified the root cause of the Christmas mishap and taken steps to sort out stocks for the spring/summer offering, “reassured” by online demand
The Financial Conduct Authority has been looking at statements made by the company to the market since it floated on AIM
“What’s most striking about Primark is it’s essentially an old school retailer”, though some analysts raised the issue of sustainability as becoming a threat to some retailers
For the seven weeks from 24 November to 4 January, group revenue fell 9.3% and overall online sales dropped 14.8%
New chief executive Ludwig de Mot has kicked off a review of the group’s strategy and operations
Full-year underlying profit before tax is now expected to come in at £16.7mln, which is “significantly” below market expectations
The 11 months to December saw like-for-like (LFL) sales declining 0.6% year-on-year, while the website grew 15% pushing total revenue up 3.6%
Skinny Tan is once again proving a mainstay of the group's product portfolio
Consumer-only revenue was up 20% to £64.5mln, with underlying profit a positive £3.2mln to reverse the £1.1mln loss a year ago
Natura agreed to buy Avon in May 2019 through a share swap that valued the over 130-year old company's equity at around $2 billion
The US Food and Drug Administration is tightening regulations around vaping to make it less appealing to kids
At the close, the UK benchmark was 8.65 points higher at 7,632.24, just off the late peak of 7,636.16, and well above the opening low of 7,608.22
The firm now expects to report adjusted profit before tax of between £5.1mln to £5.5mln, while in August it was estimated to be in the range of £6mln to £7mln
"Much of the product purchases that were expected in Q4 2019 have been deferred to Q1 2020 so this is largely a timing issue where contracts land," said broker, Hybridan
Liberum has run a screen to find its "attractive laggards"
Full-year like-for-like revenue and adjusted profit before tax are expected to be “modestly below” last year due to “challenging” market conditions