Archive
No profit warning repeat hoped for from British Gas owner Centrica
Aside from Centrica, the Day Ahead includes updates from the likes of water firm Severn Trent, booze retailer Majestic Wines, and pubs operator Mitchells & Butlers
Company
Domaine Chanzy
LON:WINE
The objective of the Company’s shareholder’s incentive scheme (the “Scheme”) is to permit certain shareholders of the Company to: • purchase specific quantities of Domaine Chanzy and Maison Chanzy at discounted prices; and • participate in certain exclusive events and tastings to be organised by the Company from time to time.
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Traders pour into Majestic Wine as RBC toasts “deeply-undervalued” Naked Wines business
Naked Wines is an online, direct-to-consumer business, where customers pay £20 a month in return for better prices on hundreds of craft wines
Liberum ups target for Majestic Wine amid growing exposure and customer growth spending
The City broker said the group’s results for the 2018 financial year had confirmed progress had been made as well as being a “significant” surprise
Majestic Wine swings to profit in full-year results despite “challenging” retail climate
The AIM-listed wine seller reported a pre-tax profit of £8.3mln, up from a £1.5mln loss the year before, while revenues climbed to £476.1mln from £465.4mln previously
Investments and investor services
FTSE 100 closes higher as European Central Bank message cheers markets
The FTSE 100 has clawed back all of this morning's losses and some, while the ECB has unveiled plans to end its quantitative easing programme in December
Archive
QE or not QE, that will be the question for the ECB Council meeting on Thursday
Aside from the ECB meeting, the day ahead also includes an annual general meeting for Wm Morrison Supermarkets, and updates from PZ Cussons and Majestic Wine
Majestic Wine is the toast of the town as profits soar in first half
Majestic is two years into a three-year turnaround plan and so far it seems to be doing just fine …
Majestic Wine swings to a full year loss and warns on Brexit as chairman steps down
Majestic Wine said a weaker pound after Brexit has hurt UK consumer confidence and made its wines more expensive
FTSE 100 closes 55 down and UK mid-caps plunge; BoE raises prospect of rate rise
FTSE 100 closed down 55 at 7,419 as retail shares took a beating
Archive
LGO / Columbus Energy reboot comes into effect on Thursday
On its first day Columbus will pitch the group’s new plans at a re-branding launch event in the City.
Majestic Wine enjoys cracking Christmas
Brokers were generally impressed with Majestic's trading update, but the company has to keep up the pace in order to meet full-year expectations
FTSE 100 marks longest record-breaking rally in history
The FTSE 100 index has closed at a record high for the ninth day in a row on Tuesday, the longest such stretch in history, as the bourse got a boost from a weaker home currency
Archive
Day ahead: Food and drink on the menu as Morrisons issues Xmas trading news
Analysts at Barclays expect the supermarket firm to deliver like-for-like sales growth of +0.5% for the nine week period.