onsdag den 23. maj 2018

2 struggling retailers with turnaround potential

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DAILY BULLETIN
Wednesday 23 May 2018
2 struggling retailers with turnaround potential
by Robert Stephens | Equities | 2 mins. to read
Robert Stephens discusses why the retail sector could enjoy a tailwind over the next few years.
 
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TODAY'S NEWS STORIES
Britvic revenues grow but profits lack fizz

Soft drinks manufacturer Britvic saw revenues for the 28 weeks ended 15th April climb by 4.5% to £733.2 million, with strong growth through the second quarter.
 
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Marks & Spencer profits plunge but shares tick up

Supermarket chain Marks & Spencer has reported that pre-tax profits for the year ended 31st March fell by 62.1% to £66.8 million, largely due to costs related to the group's transformation plan and store closures.
 
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Inflation drops to lowest level in over a year during April

Consumer Price Inflation drops to 2.4% as air fares fall sharply relative to the same month last year.
 
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Magnolia Petroleum to cancel AIM listing

US-based resource specialist Magnolia Petroleum saw its shares collapse by 77.20% to 0.52p after it announced it would be de-listing from AIM.
 
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TOP STORIES FROM OUR BLOG

FintechThe new fund that invests in fast growing UK Fintech

by Nick Sudbury | Funds | 2 mins. to read
Augmentum Fintech (LON:AUGM) is a new London-listed investment company that was created to profit from opportunities in the UK and European Fintech sector.
 
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EvilPigheadedness at large

by Evil Knievil | Evil Diaries | 1 mins. to read
Simon Cawkwell, AKA Evil Knievil, with his latest trading and gambling exploits - writing about Beaufort and Clear Leisure.
 
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QUOTE OF THE DAY
"Judge a man by his questions rather than his answers."
                                           Voltaire
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  • Mellon on the Markets - The Master Investor reports from the Milken Institute
 
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