Sainsbury's today reported a full-year profits fall of 8.2%, even after the successful acquisition of Argos owner Home Retail Group, prompting its share price to slide. For more on this and the latest corporate news, Ed Bowsher was joined by Chris Bailey, founder of FinancialOrbit.com
Guests: Chris Bailey
Published:
Original Broadcast: Share Radio Afternoon
The FTSE 100 opened lower today, in part due to miner Fresnillo suffering earlier in the day, then later Engineer GKN pushed down the index, warning it might not be able to sustain its current growth. For more of the day's big company news, Robyn Dwyer was joined by Chris Bailey, founder of FinancialOrbit.com
Guests: Robyn Dwyer,Chris Bailey
Published:
Original Broadcast: Share Radio Afternoon
Chancellor Philip Hammond has for the first time admitted the UK Government’s stake in RBS may be sold at a loss for the taxpayer. He told MPs that “We have to live in the real world.” The Treasury bailed out the bank by buying a 72% stake in 2008 during the Financial Crisis. For more on this and the other latest company news, Ed Bowsher spoke to Chris Bailey, founder of Financial Orbit.com
Published:
Original Broadcast: Share Radio Afternoon
Shares in Bovis Homes are up today after the house-builder rejected a bid from Galliford. Ed asked Chris Bailey, Founder of Financial Orbit, about this story along with the rest of the day's company news.
Published:
The merger between the London Stock Exchange and Deutsche Borse has been vetoed by the European Commission - so what's next? Plus Johnston Press's reports a £300 million loss and Flybe announces a profit warning. Chris Bailey, founder of Financial Orbit, joined Share Radio's Ed Bowsher to cover the day's biggest company stories.
Guests: Chris Bailey
Published:
Original Broadcast: Share Radio Afternoon
Kingfisher, the company behind B&Q and Screwfix, beat expectations and posted pre-tax profit of £759m - but shares dropped almost 5%. And are falls on Wall Street just a headline or is there a long-term downward trend? Chris Bailey, founder of investment research consultancy, Financial Orbit, joined Share Radio's Ed Bowsher to discuss the day's biggest company stories.
Guests: Chris Bailey
Published:
Original Broadcast: Share Radio Afternoon
Premier Oil shares were up more than 14% today - but it's only some relief for investors as the pain of previous deals are still reflected in the price. Plus FTSE 100 drugmaker Hikma sees shares rise on good results and Unilever boss Paul Polman calls for changes to takeover rules following Kraft's approach earlier this year. For these and all the day's need-to-know company news Chris Bailey, founder of Financial Orbit, joined Share Radio's Ed Bowsher.
Guests: Chris Bailey
Published:
Original Broadcast: Share Radio Afternoon
The much-awaited valuation of Snap, messaging service Snapchat's parent company, is imminent - what could the final number look like? Plus ITV's mixed results, the BHS pensions settlement and the wash-up from the LSE and Deutsche Boerse merger. For the day's biggest company stories, founder of Financial Orbit Chris Bailey joined Share Radio's senior analyst Ed Bowsher.
Published:
Original Broadcast: Share Radio Afternoon
Lloyds Bank is firmly on the recovery track as it announced the biggest profit since the financial crisis - shares are up and the bank is paying a special dividend. And Hotel Chocolat's in 'retail nirvana' while challenger bank Metro Bank is on track to make its first annual profit. Share Radio's Ed Bowsher covered the day's top company news with Chris Bailey, founder of Financial Orbit.
Guests: Chris Bailey
Published:
Original Broadcast: Share Radio Afternoon
Life insurer Prudential PLC is bidding for a slice of the £12.5bn of Bradford & Bingley mortgages being sold by the government, Nex has just released its Q3 statement announcing that Trump effect boosted revenues by 11%, and Qinetiq's revenues are ‘steady’ as it looks to end a 5 years of decline. Chris Bailey, Founder of Financial Orbit, joined Share Radio's Ed Bowsher to look at these and other important company news.
Guests: Chris Bailey
Published: