As we rightly predicted, FTSE Russell, the global index provider, has officially confirmed that tailored credit products Provident Financial and British institution Royal Mail have been demoted from the FTSE 100. Investors are likely
Tag "Royal Mail"
Who will fall out of FTSE 100?
It appears certain that provider of tailored credit products Provident Financial will be the latest candidate to be relegated from the FTSE 100 in this week’s third quarter reshuffle. Investors are likely
Companies announcing results next week
Tuesday Rio Tinto (Q2 results) The Q1 trading update was a bit of a disappointment as production of copper fell short of market expectations, partly down to uncontrollable weather
Companies announcing results next week
Tuesday easyJet (Q2 results) The shares have rebounded strongly in the last three months thanks partly to some strong monthly passenger statistics which have reassured investors worried about the impact
Companies announcing their results next week
Monday Rio Tinto (Q4 operational update) The share price for this mining company has virtually doubled from the lows of last year as the doom and gloom surrounding the sector
Royal Mail raises costs savings target
Ahead of its most important time of the year Royal Mail this morning issued its interim results in which it stated that revenue was up by 1% whilst pre-tax profit
UK spending its way to growth
It continues to be a good week for UK data, as retail sales come in well ahead of expectations. It seems that the British public continue to defy predictions of
Companies announcing results next week
Monday William Hill (Q3 trading update) William Hill has had an interesting time of late with a number of merger offers emerging from peers including 888, Rank and most recently
Royal Mail’s Q1 revenue rises
Royal Mail announced this morning that first quarter trading was in line with management expectations as group revenue rose 1%, while UK revenue slipped 1%. Addressed letter volumes, excluding political
Companies announcing results next week
Monday British Land (Q1 update) It is an interesting time for the property sector following the Brexit vote and subsequent flood of withdrawals from some property funds has led some