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Which Companies Are Announcing UK Earnings This Week – October 17

Key points: ASOS is set to report final results this week We also have Q3 results from companies such as Centamin IHG will release a trading announcement on Friday

AskTraders Team
ASOS Shares Fall After Confirming Talks to Amend Facility Terms

Key points: ASOS confirms reports regarding revolving credit facility The company said the move will increase financial flexibility ASOS shares fell more than 7% following

Sam Boughedda
GBPUSD Price: The Pound Had a Volatile Day As Kwasi Resigned

Key points: The GBPUSD currency pair had a tumultuous day as Kwasi resigned. The finance minister was replaced by Jeremy Hunt, according to The Tim

Simon Mugo
JPMorgan Shares Gain After Profit Falls Less Than Expected

Key points: JPMorgan reports Q3 results The bank reported a 17% drop in profits Shares rose premarket JPMorgan reported its third-quarter results on

Sam Boughedda
Crypto Rollercoaster Through US CPI; BTC and ETH Bullish Forecasts Reinforced

Key points: Risk Assets Dump and Pump Through US CPI Release Bullish Crypto Chart Signals BTC Bullish Forecast, ETH Positive Price Projection Global

Steve Miley
UnitedHealth Stock Rose on Q3 Results as COVID Costs Shrunk

Key points: UnitedHealth stock edged higher on upbeat Q3 results and EPS. The insurer attracted more clients cementing its leading position.

Simon Mugo
Kroger to Acquire Albertsons in $24.6bn Deal

Key points: Kroger to acquire Albertsons in a deal worth $24.6bn The deal includes the assumption of approximately $4.7m of Albertsons net debt Albertsons shares rose over

Sam Boughedda
Nutanix Stock Rallied 20% on Report of Potential Sale. Is It a Buy?

Key points: Nutanix stock rallied 20% on reports of a potential sale to interested parties. Investors cheered the news despite a lack of confirmati

Simon Mugo
Beyond Meat Shares Fall On Job Cuts and Lowered Guidance

Key points: Beyond Meat confirms further job cuts The company also lowered guidance Beyond Meat shares are down over 8%

Sam Boughedda
UK Oil & Gas (UKOG) Shares Muted Despite High Court Decision

Key points: The UK Oil &Gas (UKOG) shares edged higher on the High Court Decision. The court rejected two challenges disputing the approval of

Simon Mugo
Premier Miton Shares Fall as AUM Drops £3.3bn

Key points: Premier Miton reported an AUM update for Q4 AUM fell £3.3 billion PMI shares are down over 5% Friday Premier Miton (LON: PMI) announced

Sam Boughedda
Royal Mail (IDS) Shares Plunged 17% As Losses Rise. What Next?

Key points: Royal Mail (IDS) shares plunged 16.7% on operations and financial updates. The company is on track to significant losses this year on mul

Simon Mugo
British Airways Owner IAG Shares Rally On Better Than Expected Q3 – Is It a Buy?

Key points: IAG shares rally after it said Q3 trading was better than expected Forward bookings show no sign of weakness IAG 's share price rose almost 3% at the start of

Sam Boughedda
Amigo Shares Soared 87% After FCA Approved Return to Lending

Key points:  Amigo shares soared 86.7% after the FCA approved its return to lending. The guarantor lender will start with a pilot lending project for

Simon Mugo
Revolution Beauty CEO and Executive Chairman to Temporarily Step Away

Key points: Revolution Beauty CEO and Executive Chairman to temporarily step away The decision to step away was voluntary The move is to allow them to support the current

Sam Boughedda
US Dollar Index Soars on Upbeat US Inflation Data. What’s Next?

Key points: The US Dollar Index soared higher on upbeat US inflation data. The data gives the Fed room to keep hiking interest rates.

Simon Mugo
Relmada Therapeutics Stock Plunges as Depression Drug Fails To Meet Late-Stage Goal

Key points: Relmada Therapeutics depression drug fails to meet late-staget study goal The drug did not show a statistical improvement Relmada shares plunged over 80%

Sam Boughedda
Kohl’s Stock Rises On Report Activist Investor Calls For Board Changes

Key points: Kohl's shares are up premarket The rise follows a WSJ report that an activist investor has called for board changes Kohl's shares are down 47% in 2022

Sam Boughedda
Lucid, LCID, Stock Traded Sideways Despite Upbeat EV Deliveries

Key points: The Lucid stock price traded sideways despite analysts’ bullish sentiments. Investors seem to be avoiding EV stocks at the moment for v

Simon Mugo
Lululemon is Down 24% This Year, But Analyst Are Positive – Here’s Why

Key points: Lululemon shares have declined 24% in 2022 The current macro headwinds have impacted the stock But analysts see the stock moving higher

Sam Boughedda
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