lonwtb
Wall Street and Asian markets looking positiveFutures markets are indicating gains of up to 0.5% for UK and EuropeHSBC sinks despite higher earningsBonds recover some of their poise following Sunak appointmentPremier Inn hit be rising costsAstraZeneca drug trial ends with a missWall Street enjoyed a positive session overnight and Asian markets have followed on with broadly positive moves, including China which has steadied after a dramatic session on Monday. Futures markets are indicating gains of up to 0.5% for UK and European stocks this morning, but a lot can change in a trading session. Q3...
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Listed pub companies lose ground amid worries about a drop in spending.Strikes expected to worsen labour shortages in across hospitality.Hotels, bars and restaurants were already struggling with soaring energy costs and supply chain disruption.The Rail Strike Risks“The rail strike risks turning ongoing operational headaches into a fully blown migraine for the hospitality industry. Restaurants, bars and hotels were already struggling under the strain of sky-high energy prices, supply chain disruption and the ongoing labour crunch, and now the mass walkouts are set to cause fresh financial pain....
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Whitbread plc (LON:WTB)’s full-year revenue rose from £589m to £1.7bn, beating market expectations and 17.8% down on pre-pandemic levels. There was strong recovery across the portfolio as the group lapped the previous year which was heavily impacted by restrictions. Underlying cash profit (EBITDA) improved from a loss of £194.9m to a profit of £472.6m, 37.2% down on pre-covid levels. Q1 2022 hedge fund letters, conferences and more Cost inflation is running higher than expected, at around 8-9%. However, the group aims to offset this through cost reduction, estate growth and increased prices. T...
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Look ahead to FTSE 350 companies reporting from 26 to 30 April Q1 2021 hedge fund letters, conferences and more What to expect from a selection of FTSE 100, FTSE 250 and selected other companies reporting next week. Among those currently scheduled to release results: Tesla Inc (NASDAQ:TSLA) results should indicate how far ahead it can stay from its rivalsWhitbread plc (LON:WTB) (OTCMKTS:WTBCF) will reveal whether it’s got enough cash to pounce on the May reopeningBP plc (LON:BP) (NYSE:BP) will update on how the oil price has affected revenuesJ Sainsbury plc (LON:SBRY) (OTCMKTS:JSAIY) will hope...
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