Sky Shares News & Articles

Market report: Investors take flight from Thomas Cook as it delivers major profit warning

After a strong week for the index the FTSE 100 starts off on an uncertain note on Monday down 0.2% to 7,473.11 as new tariffs in China and the US take effect. Travel company Thomas Cook (TCG) downgrades its annual earnings guidance after warm summer weather prompted many people to stay at home, while also announcing that chief financial officer Bill Scott has decided to step down. The shares ...

Three reasons why the FTSE 100 can make a fresh high before year-end (and three why it may not)

Before concerns about Turkey and emerging market contagion burst onto the scene last week the FTSE 100’s summer surge had taken the index back toward its May closing all-time high of 7,877. This seemed to be a classic case of share prices ‘climbing the wall of worry’ as they cast aside fears over Brexit, a wobbly Government, modest economic growth and higher interest rates to press ...

Market report: TalkTalk tops FTSE All Share on subscriber growth, Royal Mail still facing letters pressure

Broadband and calls supplier TalkTalk (TALK) is firmly backed by investors in early trade on Tuesday, the stock rallying around 6% to 116.7p, after the company lays out a promising trading update. The embattled company has been gripped by an intense price war with big rivals like BT (BT.A), Sky (SKY) and Virgin and has faced other issues, but news today that it has added 80,000 ...

Vodafone’s new CEO facing big decisions on how to reverse UK's ‘sick man’ record

Vodafone (VOD) leads the FTSE 100 fallers list on Tuesday after reporting typically complex annual results and on the surprising news that chief executive officer (CEO) Vittorio Colao is to leave after 10 years running the business. Shares in the mobile giant are down about 3% in early trade to 200.8p. This puts the market cap at £53.5bn but outside the top 10 largest UK quoted companies by ...
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