Markets Articles | This is Money

Markets Articles | This is Money

15/07/2018 09:16 PM
More than 332m people expected to watch programmes via online streaming service Netflix this year
The US tech giant is set to announce its second-quarter results, with Wall Street analysts predicting it will have added more than 6m subscribers during the three months.

15/07/2018 09:16 PM
Sports Direct owner Mike Ashley sets sights on hockey market
Lovell, an arm of Sports Direct, has paid £261,000 for the Cheshire firm, which collapsed owing creditors £1.6m.

15/07/2018 09:15 PM
Sir John Timpson appointed to lead panel to look at problems facing UK High Streets
In the past six months, 50,000 retail jobs have been lost or are expected to go as firms struggle with high business rates and competition from online shopping.

14/07/2018 08:53 AM
Barclays banker who rigged global interest rates evades UK justice by running back to France
Philippe Moryoussef, a senior derivatives trader, has been found guilty in his absence of dishonestly manipulating the Euribor interbank lending rate, after an 11-week trial at Southwark Crown Court.

14/07/2018 08:50 AM
Another 80 Poundworld stores to shut, resulting in 1,024 more job losses
The latest raft of closures will leave Poundworld with 230 open branches. It made an announcement earlier this month over the closure of 25 stores, all of which will stop trading this weekend.

14/07/2018 08:49 AM
£52m share sale by Ocado boss Tim Steiner’s trust
In a stock market announcement, Linic said it sold 5m shares at 1046p each, totalling £52.3m. The trust is owned by Arthur Seligman, a lawyer based in the Bahamas.

14/07/2018 08:46 AM
Chapel Down gives its US distribution partner chance to buy thousands of its shares
Consultancy firm ABCK Corp has been encouraged to take up 536,000 of share options at 88.5p each in the English sparkling wine maker over the next four years.

14/07/2018 08:36 AM
MARKET REPORT: Hays posts growth across all its key countries, including the UK
Though its fees grew slowest in the UK and Ireland, finance director Paul Venables was chuffed with the performance here.

14/07/2018 08:12 AM
Stagecoach boss Martin Griffiths loses £302,000 bonus 
Chief executive Martin Griffiths, 52, took home £987,000 overall from the transport group, compared to £1.3m the year before when his pay included a £302,000 bonus.

13/07/2018 04:30 PM
Electricity demand from electric cars could be too high
The Government is promoting electric cars over combustion engines under plans to slash greenhouse gas emissions. It wants to ban new conventional cars by 2040.

13/07/2018 04:11 PM
FTSE CLOSE: Value chain The Works lines up £100m float
The FTSE 100 lost earlier gains but still managed to end the week in positive territory, closing 10.54 points, or 0.14 per cent higher, at 7,661.87.

13/07/2018 01:58 PM
Value retail chain The Works plans for £100m stock market float
Another booming bargain business is seemingly rebuffing the retail blues, as fast-growing value chain The Works readies itself for a £100m listing on the London Stock Exchange next week.

13/07/2018 12:01 PM
SMALL CAP MOVERS: N4 Pharma loses mojo as generic Viagra fails in early-stage trial
N4 specialises in taking existing drugs and improving them, and one of those it has been trying to tweak is sildenafil – A.K.A Viagra.

13/07/2018 11:30 AM
Hays shares jump after recruitment firm lifts profit expectations
The company saw a 15 per cent rise in net fees in its final quarter to the end of June, mostly thanks to strong growth in Germany and Australia.

13/07/2018 10:30 AM
Halfords brings in new finance boss Loraine Woodhouse from Waitrose
Loraine Woodhouse, who has been finance director at Waitrose since 2015, will take the post of chief financial officer at Halfords in November this year.

12/07/2018 11:42 PM
MARKET REPORT: Bookies boosted as England crash out of the World cup
Paddy Power Betfair, William Hill and Ladbrokes Coral owner GVC all saw their share prices rise after avoiding millions of pounds of payouts to punters who had a bet on Gareth Southgate’s side.

12/07/2018 11:04 PM
DAILY BRIEFING: Blow for KPMG as finance firm Old Mutual hires rival Deloitte 
Accountant KPMG has suffered a fresh setback in South Africa after finance firm Old Mutual hired rival Deloitte to work alongside it.

12/07/2018 10:59 PM
New chairman of planned high-speed railway HS2 gets £200K for two days a weeks
Sir Terry Morgan, 79, has been hired as chairman of the UK’s biggest single construction project which will link London with Birmingham and Manchester.

12/07/2018 10:36 PM
Cheap long-haul flights prove a hit for Norwegian Air
The fast-growing carrier beat expectations to post a £28m (30m Norwegian kroner) profit in the three months to June, compared with a £64.5m loss a year earlier.

12/07/2018 10:33 PM
Unilever faces shareholder rebellion over Netherlands move
The move will see the owner of Colman’s mustard and PG Tips ditch its current dual structure with legal bases in both London and Rotterdam. It will keep its UK listing.

12/07/2018 08:56 PM
Dunelm and DFS are rocked by High St woe but bargain retailer B&M is booming
A 42 per cent rise in online sales at Dunelm, which sells bedding, sofas and curtains, was not enough to offset waning interest. Store sales dropped 4.6 per cent in the three months to June 30.

12/07/2018 08:50 PM
Hedge funds grab a giant stake in Sky as Fox’s offer is beaten by Universal’s £26bn bid
Their stakes in the satellite broadcaster were last night worth almost £5bn as a bidding war between Rupert Murdoch's 21st Century Fox and Universal Studios-owner Comcast continued to escalate.

12/07/2018 08:50 PM
Ocado prepares to launch one-hour delivery service in bid to take on Amazon
The online supermarket, which also builds slick robot-operated delivery services for other grocers, said it was preparing to launch express deliveries similar to those offered by Amazon.

12/07/2018 08:50 PM
How billionaires stopped buying new super yachts: Shares in British manufacturer GYG plunge 40%
It seems the global elite have lost their appetite for super yachts. Shares in British firm GYG plunged 40 per cent yesterday after a drop in orders of its world leading multi million pound yachts.

12/07/2018 08:50 PM
ON THE BOARD: Investment banker Mary Anne Citrino joins Barclays as a non-executive director
The American, 59, is already a non-executive at Dutch supermarket Ahold Delhaize, aluminium producer Alcoa Corporation, Hewlett Packard, and discounter Dollar Tree Stores.

12/07/2018 04:14 PM
FTSE LIVE: Businesses respond to Brexit white paper
The FTSE 100 closed up 59.37 points at 7651.33 and the pound was at $1.32 against the dollar.

12/07/2018 12:10 PM
Sky takeover: US media giant Comcast hits back against Murdoch’s Fox
Shares in Sky rose on Thursday morning after US media giant Comcast submitted a new and improved £26bn offer to acquire the British broadcaster.

12/07/2018 09:31 AM
DFS warns profits will tumble as the sofa firm's sales are cooled by hot weather and delays
DFS said order numbers were ‘significantly lower than expected’ in the last three months, as sun-seeking customers steered clear of sofa shopping.

12/07/2018 08:59 AM
Shares in Asos plunge nearly 10% as fashion retailer warns growth will be at 'lower end of range'
In its latest trading update, Asos reported a 22 per cent rise in total group revenues to £823.9million in the four months to 30 June, while UK sales jumped 23 per cent over the period.