Shares in comparison site Moneysupermarket (MONY) fell 5.7% to 251.8p on continuing evidence that despite being an online business it is suffering a material impact from the pandemic. Revenue for the first nine months of this year were £268.4 million, down 11% on the same period in 2019. The company cited a fall in the energy price cap and rise in wholesale price of energy for a weak ...

Shares in hygiene and pest control firm Rentokil (RTO) climbed 2.6% to 530p against the backdrop of a weak UK market, after it posted a positive third quarter trading update showing ongoing revenues up almost 10% during the period. The group performed well in the three months to September with ongoing sales up 9.8% thanks to 'exceptional growth' in its Hygiene division from continued high ...

UK stocks retreated on Thursday after British Airways-owner International Consolidated Airlines (IAG) posted a quarterly loss and investors looked to a parliament address later in the day by Chancellor Rishi Sunak on the economic outlook. The benchmark FTSE 100 fell 0.3% to a five-month low of 5,760.57, dragged lower by weak real estate and energy stocks, while defence firm BAE Systems ...

Shares in Netflix fell sharply after the company’s third quarter earnings report showed it added fewer new subscribers to its base than analysts predicted. The consumer video streaming service reported 2.2 million net new subscribers in the July to September quarter. Analyst expectations were pitched at around 3.3 million net adds, and Netflix even missed its own sober 2.5 million net new ...

The FTSE 100 dropped 58 points or 1% to 5,832 points at lunchtime on Wednesday as markets awaited signs of progress on talks over further US stimulus. Sentiment also took a hit as Netflix disappointed the market after the market close and the shares traded down 7% in after-hours dealing. Even companies which have beaten forecasts, such as Johnson & Johnson and Lockheed Martin, have failed ...

Gambling and gaming company William Hill (WMH) reported an upbeat third quarter trading update for the 13 weeks to 29 September citing the return of live sport and the reopening of its retail estate. The shares were unmoved, trading at 280p, close to the 277p recommended cash offer from Caesars. EXPANDING US PRESENCE Online operations were 4% higher driven by a 10% increase in the US where ...

Shares in FTSE 250 gold miner Centamin (CEY) have taken another tumble after it reduced free cash flow expectations as it admitted production will undershoot and costs exceed expectations this year and next. Centamin was forced to close off an area of its Sukari mine last month after detecting ground movement, with open-pit mining operations in the zone halted as a preventative safety ...

Cider, beer, wine and soft drinks company C&C (CCR) returned to profit generation in July through to September, encouraging news that nudged the shares up 0.5% to 178p on Wednesday. However, the Irish brewer behind brands such as Tennent’s, Bulmers and Magners, as well as drinks distributor Matthew Clark, warned the near term outlook for the on-trade sector ‘remains challenging and ...

The latest trading update from industrial property investor Segro (SGRO) would be the envy of many other real estate firms but it received the brush off from the market with the shares down 1.8% to 920.7p. While rent collection was robust, the company also paid 7% of its dividend in shares. Alongside the update the company announced the £133 million purchase of a warehouse complex in Canning ...

Shares in ‘challenger’ financial Metro Bank (MTRO) rose 4% to 62p on relief that its latest trading update contained no obvious bad news, although the lack of detail in the release was stark. The bank reported flat deposits for the third quarter compared with the second quarter, and a 2% rise in loans ‘driven by continuing government-supported business lending’. LACK OF DETAIL ...