Top UK Stocks to Watch: Micro Focus shares pop on deal with Amazon
Joshua Warner March 3, 2021 9:41 AM
Micro Focus partners up with Amazon Web Services, Hiscox is plunged into the red by the pandemic, Biffa ups expectations as businesses produce more waste, and Rio Tinto’s chairman resigns following the Juukan Gorge disaster. Share:
Top News: Micro Focus strikes deal with Amazon Web Services
Micro Focus International has struck a commercial agreement with the largest cloud-computing company in the world, Amazon Web Services, possibly leading to the tech giant investing in the London-listed firm.
The two companies will collaborate on the modernisation of mainframe applications and workloads of large companies to the AWS Cloud. Micro Focus will supply technology that will help large businesses looking to shift their business-criti
Babcock shares dive as the virus weighs on its performance, AVEVA remains confident with its outlook, Indivior shares jump as it says it will beat expectations, and Meggitt says its recovery will take time.
Top UK Stocks to Watch: Just Eat sacrifices margin for growth
Joshua Warner January 13, 2021 9:37 AM
Just Eat shares slide as it prioritises growth over profits, Persimmon sells fewer houses at higher prices, Marshalls reinstates dividends after a strong finish to 2020, and Spectris says it will hit the top end of expectations. Share:
Top News: Just Eat shares fall as it prioritises growth over profits
Just Eat Takeaway shares took a dive this morning after the company said it would prioritise growth over profitability to capitalise on the strong momentum that it has gathered this year.
It said sales growth accelerated for the third consecutive quarter in the final quarter of 2020, putting it on course to post a strong set of annual results.
Top UK Stocks to Watch: Games Workshop delivers ‘cracking’ performance
Joshua Warner January 12, 2021 10:01 AM
Games Workshop shares slide despite smashing targets, Kingfisher sees sales growth accelerate, Ferrexpo posts a strong rise in revenue, and Playtech says profit should be higher than expected in 2020. Share:
Top News: Games Workshop: ‘Another cracking performance’
Games Workshop said it delivered solid progress in the six months to November 29 as sales and profits continued to grow.
The company, which makes and sells miniature war figurines, said revenue in the period rose to £186.8 million from £148.4 million the year before, with pretax profit jumping to £91.6 million from £58.6 million.
Top UK Stocks to Watch: JD Sports to smash profit expectations
Joshua Warner January 11, 2021 9:29 AM
JD Sports continues to defy the downturn in the retail market, Smith & Nephew sales are hit as procedures are postponed, Entain’s CEO is poached, and easyJet secures a new loan to survive the coronavirus pandemic. Share:
JD Sports to beat profit expectations by over £100 million
Leisure and sportswear retailer JD Sports said it expects to beat expectations in the current financial year as it continues to defy the wider downturn in the retail market.
Despite having to open and shut stores in line with changing lockdown restrictions, JD said demand had remained robust throughout November and December and that revenue in the 22-weeks to January 2 was 5% ahead of the year before. It said customers had ‘readily switched between phys