G ames Workshop’s remarkable run of success continues, as the Warhammer 40,000 maker’s sales smashed expectations yet again over the summer. Revenue rose by 16.5% year-on-year to £127 million, and profit rocketed by 46% to £57 million as customers spent more on indoor hobbies during the summer washout. Games Workshop said …
Read More »Investegate | Company Announcement
International Distributions Services plc (Incorporated in England and Wales) Company Number: 8680755 LSE Share Code: IDS ISIN: GB00BDVZYZ77 LEI: 213800TCZZU84G8Z2M70 Publication of Prospectus in relation to €500m Guaranteed Notes due 2028 and Prospectus in relation to £250m Guaranteed Notes due 2030 The following prospectuses have been approved by the Financial Conduct Authority and …
Read More »Persistent CEO selling not a good look for Royal Bank stock
Over the past five years, not including dividends, Royal Bank of Canada RY-T shares are up 16 per cent, compared with a 57-per-cent gain by small-cap VersaBank. Meanwhile, Royal Bank lags other large-cap Canadian banks in our INK Edge quantitative rankings based on valuations, insider commitment and price momentum. Insider …
Read More »FTSE 100 Live: Flat week as FTSE closes at 7757; Tesco chair to quit
1684511564 Key market data as trading session comes to close As today’s trading session draws to a close, here’s a look at today’s key market data. Click through the buttons below to view the data. 1684510875 FTSE ends week at 7,756.87 The FTSE 100 finished the weak almost perfectly flat, …
Read More »Card Factory raises earnings outlook despite postal strikes blow to online sales
R etailer Card Factory has upgraded its full-year earnings outlook, despite revealing a hit to its online sales from recent postal strikes. The greetings card and gifts group said store sales rose 7.1% on a like-for-like basis in the 11 months to the end of December as shoppers returned to …
Read More »Moonpig cuts sales guidance as Royal Mail strikes impact deliveries
M oonpig has cut its sales forecast for the year after being hit by Royal Mail postal strikes and pressure on consumers. The greeting card and gifts business told shareholders “conditions have become progressively more challenging through October and November” due to the economic backdrop and industrial action. It said …
Read More »Jacob Rees-Mogg in line for payday from sale of investment firm
Daily Mail chief executive Paul Zwillenberg is stepping down from the company as proprietor Lord Rothermere shores up control after a take-private deal earlier this year. Mr Zwillenberg will step down as chief executive and board director of Daily Mail and General Trust (DMGT) at the end of September after …
Read More »Royal Mail faces national security investigation over raid by Czech billionaire
Royal Mail is facing a national security investigation as a billionaire investor known as the “Czech sphinx” prepares to take control of more than a quarter of the business. Kwasi Kwarteng, the Business Secretary, has told the company that he “reasonably expects” Daniel Kretinsky to increase his shareholding to more …
Read More »Britain faces four days without post as 115,000 Royal Mail workers strike
Britain’s postal service faces days of paralysis with letters and prescription medicines undelivered after 115,000 Royal Mail workers announced they will strike in just over a fortnight. The Communication Workers’ Union on Tuesday said members up and down the country will launch industrial action on August 26 and 31, as …
Read More »Five stocks to buy and profit from the summer of strikes
Mr Burgeman added: “Greggs has been another victim of the economic pressures this year. The bakery chain warned about staff shortages in October and the shares are down more than 40pc.” However, market consensus suggests that investors could still profit off all three stocks’ potential to bounce back when …
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