Thu, 12th Jan 2017 08:26
** UK-focused buyside says mkt underestimates boost to wallets as slide in oil, lower food prices and falling unemployment all point to busier times at checkout counters ** Income funds, in particular, looking beyond dividend stalwarts where in some cases payouts look vulnerable or stocks a
Read moreA surprise policy move by the Swiss National Bank (SNB) resulted in a choppy day for UK markets on Thursday, though stocks were able to regain their composure and rally strongly as the dust settled. The FTSE 100 finished the session 110.32 points higher at 6,498.78, up 1.7% on the day due to increas
Read more** Xmas trading updates send shares in Home Retail & Booker sharply lower after strong recent gains ** Household goods retailer Home Retail, down 7.6 pct, top midcap faller & on course for its worst 1-day pct move since June 2013 after missing sales forecasts for Argos & Homebase chains ov
Read moreFood wholesaler Booker continues to remain resilient to the struggles facing the wider food retail sector after delivering a solid increase in underlying sales in its third quarter. However, the Makro chain which Booker took over in 2013 weighed on overall top-line growth, while core growth at the c
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