Hints and tips:
Tobacco group continues to suffer from decline in smoking
Renewed confidence in the mixer group’s outlook
...BUY: Kitwave (KITW) Acquisitions and organic growth were behind the robust performance, writes Christopher Akers....
Net gaming revenue has risen, though the online sector is struggling
B&Q owner’s shares trade at below nine times earnings
...SELL: Ocado (OCDO) The retail and technology company’s losses widened despite sales growth, writes Christopher Akers....
...A quarter of a century after Trump Sr’s death, his son seems unable to cover roughly that amount....
...“This is one of the greatest crises in US-Israel relations,” said Michael Oren, Israel’s ambassador to the US during the Obama administration, and a deputy minister in a prior government....
Airline bullish about prospects after pandemic downturn
...His father, John Sr, also led the bank. John Weinberg’s cousin Peter Weinberg is a Goldman veteran who founded Perella Weinberg Partners....
...One we missed: The Coming Wave: AI, Power and the 21st Century’s Greatest Dilemma, by Mustafa Suleyman with Michael Bhaskar....
£5mn purchase despite predictions of market falls
...The new primary antagonist, megalomaniac hedge fund magnate Michael Prince, lacks the complexity of Axelrod, but is well played by Corey Stoll....
...SELL: Travis Perkins (TPK) The builders’ merchant’s share price has rallied but there’s no sign yet of a turnround, writes Michael Fahy....
...BUY: AG Barr (BAG) Cost pressures hit margins, but revenue and profit progress demonstrate the strong brand equity on offer, writes Christopher Akers....
...BUY: EasyJet (EZJ) Stronger winter trading means full-year profits should beat expectations at the budget airline, writes Michael Fahy....
...That was good timing for Biffa’s chief operating officer for resources and energy, Michael Davis, who sold 170,000 shares at 412p each, bringing in £700,400....
Holiday group’s shares down 65 per cent in the past year
...SELL: Aston Martin Lagonda (AML) Free cash outflow increases by £100mn during the third quarter, writes Michael Fahy....
...Sr Col Zhao Xiaozhuo, director at the secretariat for the Xiangshan Forum, Beijing’s international security conference, dismisses fears of a Chinese attack on Taiwan as “US hype”....
...HOLD: Sanderson Design (SDG) Management is wary of sounding too bullish in a challenging cost environment, writes Christopher Akers....
...BUY: Oxford Instruments (OXIG) First-half sales have been disrupted by lockdowns in China and supply chain stresses, writes Michael Fahy....
...Incoming chair and Schroders veteran Michael Dobson has bought £145,000. Dobson has been appointed as a permanent replacement for former chair and founder Tony Pidgley, who died in June 2020....
Shares on the rise after a period of acquisitions
International Edition