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Analysis , News

Serco: Costly guidance update

Shares in Serco are down 5% in morning trading after the outsourcing company cut its FY 2018 revenue guidance by 6%, from £2.8-2.9b to £2.7-2.8b in the latest trading update.

Analysis , News

More waffle from Brussels

FTSE 100 Index called to open +50pts at 7665, extending Monday’s rebound from April lows towards mid-June falling highs resistance. Bulls need a break above falling highs at 7682; Bears

Analysis , News

England v Belgium, May v Europe

While continued gains for oil post-OPEC are helping Energy, it is not the main driver as it has been of late. More help is at hand from bargain hunting in

Analysis , News

Greene King: Footfall up on football, but costs rising too

Greene King management may well be toasting the recent good weather and England’s World Cup success, with Pub Company Sales up a sparking 2.2% like-for-like in the last 8 weeks,

Analysis , News

Trumpfusion on Trade

FTSE 100 Index called to open -30pts at 7592 (ex-div -5.9pts), off yesterday’s oil/energy-induced 7639 high, though still in an uptrend towards 2-week falling highs resistance. Bulls need a break

Analysis , News

Trump goes for (own) goal on Tech?

FTSE 100 Index called to open +20pts at 7530, off Monday lows but yet to break back above yesterday’s 7545 breakdowns, which would open the door for a recovery of

Analysis , News

Airlines: Heathrow & Oil

Shares in London listed airlines are understandably hampered by oil’s continued rebound from OPEC-meeting lows, rendering fuel costs more expensive. Two, however, stand out with the rather divergent performance but

Analysis , News , Shares

Country-wide of the mark

Shares in real estate agent Countrywide (CWD.L) plummeted -23% as the company projected £20m lower H1 EBITDA in its latest trading update, blaming a “subdued” market outlook. More importantly, it

Analysis , News

Quelle surprise! It’s Erdogain

FTSE 100 Index called to open -30pts at 7652, back from Friday’s 7696 highs in what looks like a new 1-week channel, towards the bottom of the recent 1-month sideways

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LEBC CALLS FOR FAIR TREATMENT FOR SELF-EMPLOYED

In an open letter to Guy Opperman MP, Minister for Pensions LEBC responded to the Minister’s recent call for suggestions to help improve retirement provision for the self- employed. According