Just Energy Group Inc (TSX:JE)(NYSE:JE) saw its share price get cut in half last week after the company announced that it was restructuring and it has received creditor protection in the U.S. under chapter 15 bankruptcy laws. The winter storms …
→ Google 翻译
Just Energy Group Inc. shares closed this week 51.8% lower than it did at the end of last week. The stock is currently down 59.8% year-to-date, down 89.9% over the past 12 months, and down 98.7% over the past five years. This week, the Dow Jones Industrial Average rose 4.1%, and the S&P 500 rose 2.7%. Trading Activity Shares traded as high as $4.09 and as low as $1.03 this week.Trading volume this week was 27.9% lower than the 10-day average and 14.8% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Utilities industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -1227.1% The company's stock price performance over the past 12 months lags the peer average by -16006.2%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Just Energy (TSX:JE)(NYSE:JE) attempts to mitigate exposure to weather variations through active management of the company's electricity and gas portfolio. The post GO GREEN: Buy Canada’s Best Renewable Energy Stock appeared first on The Motley Fool Canada .
→ Google 翻译
Credit Crisis Spreads As Largest Texas Power Coop Files For Bankruptcy The Arctic blast and severe winter storms that pounded Texas weeks ago have claimed another victim as the credit crisis widens. Texas's largest power cooperative filed for bankruptcy protection in federal court in Houston Monday, citing a $1.8 billion bill from the state's grid operator, ERCOT, according to Reuters . According to court documents, Brazos Electric Power Cooperative, the largest generation and transmission co-op in the Lone Star State, filed for Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. The company said it could not pay a $1.8 billion bill from ERCOT stemming from a severe cold snap last month. Brazos and other utility companies who have committed to providing power to the grid were unable to during the mid-February crisis that left up to 4 million customers without power . This meant utilities had to purchase replacement power at extremely high rates, and some of these extra costs were passed on to customers.
→ Google 翻译
Investors should stay clear of the Just Energy stock and Transat stock. Even at rock-bottom prices, the dire situation of both companies could lead to a permanent disaster. The post 2 High-Risk TSX Stocks You Should Avoid Like the Plague appeared first on The Motley Fool Canada .
→ Google 翻译
Just Energy Group Inc. shares closed this week 31.7% lower than it did at the end of last week. The stock is currently down 15.8% year-to-date, down 85.1% over the past 12 months, and down 97.2% over the past five years. This week, the Dow Jones Industrial Average fell 1.7%, and the S&P 500 fell 2.5%. Trading Activity Shares traded as high as $5.13 and as low as $3.41 this week.Shares closed 9e+1% below its 52-week high and 2e+1% above its 52-week low.Trading volume this week was 67.2% lower than the 10-day average and 30.8% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Utilities industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 413.1% The company's stock price performance over the past 12 months lags the peer average by 392.8%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Just Energy Group Inc. shares closed today 13.9% higher than it did at the end of yesterday. The stock is currently down 15.8% year-to-date, down 85.1% over the past 12 months, and down 97.2% over the past five years. Today, the Dow Jones Industrial Average fell 1.4%, and the S&P 500 fell 0.5%. Trading Activity Shares traded as high as $5.13 and as low as $3.41 this week.Shares closed 9e+1% below its 52-week high and 2e+1% above its 52-week low.Trading volume this week was 67.2% lower than the 10-day average and 30.8% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Utilities industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 413.1% The company's stock price performance over the past 12 months lags the peer average by 392.8%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Gainers Lixte Biotechnology Holdings, Inc. (NASDAQ: LIXT) shares jumped 52.8% to $5.76. Lixte Biotech recently said it will present its anti-cancer therapy enhancer at HC Wainwright Global Life Sciences Conference being held March 9-10, 2021. Sensus Healthcare, Inc. (NASDAQ: SRTS) surged 45% to $5.52 after the company reported Q4 results. Just Energy Group Inc. (NYSE:… Read More »48 Stocks Moving In Friday’s Mid-Day Session
→ Google 翻译
Texas Grid Operator Warns Of Defaults As Credit Crisis Develops The Texas energy crisis has morphed from a power grid failure to a humanitarian emergency to a credit crisis as billions of dollars in power bills come due. According to FT , electricity retailers, municipal utilities, and power generation companies were purchasing wholesale energy during the crisis when rates surged to a cap of $9,000 a megawatt-hour last week, owe a whopping $50 billion. ERCOT, the state's grid operator, warns that some market participants have yet to post collateral to cover some of the bills as defaults begin. Kenan Ogelman, ERCOT's vice-president of commercial operations, said market participants who buy power from them have to post collateral as a down payment on energy purchases. He said some entities have "failed to deliver it." "Defaults are possible, and some have already happened," Ogelman warned. Due to surging energy prices last week and the week before, collateral requirements jumped for power buyers.
→ Google 翻译
Electricity and gas provider Just Energy warned that the financial impact of the Texas winter storms could force it out of business.
→ Google 翻译
The First Texas-Freeze Casualty: Just Energy Implodes, Issues Going Concern Warning Just Energy Group Inc.'s shares crashed more than 21% in the premarket after the company released a statement about steep losses incurred during the winter storms that swept across Texas last week. Just Energy hit a record low ($4.05) in premarket trading since it went public in 2002… and peaked above $600 in 2007 . The retail energy provider specializing in electricity and natural gas commodities, renewable energy options, and carbon offset said it faces a $250 million (approximately CAD 315 million) due to Texas's latest "weather event." "The sustained high prices from February 13, 2021 through February 19, 2021, during which real-time market prices were artificially set at USD $9,000/MWh for much of the week, it is likely that the Weather Event has resulted in a substantial negative financial impact to the Company." Based on current information available to the company as of the time of this press release, the company estimates that the financial impact of the Weather Event on the company could be a loss of approximately USD $250 million (approximately CAD $315 million), but the financial impact could change as additional information becomes available to the company," Just Energy stated.
→ Google 翻译
Just Energy Group shares plunged lower Monday after the retail energy provider warned that the extreme weather events in Texas, which lifted wholesale power prices to as high as $9,000 per kilowatt hour, could affect the group's ability to continue as a going concern.
→ Google 翻译
Natural gas utility Just Energy said on Monday it expects to post a loss of about $250 million and warned on its ability to continue as a going concern as it reels from the impact of winter storms… | February 22, 2021
→ Google 翻译
Just Energy Group Inc. (JE.TO) (TSE:JE) (NYSE:JE) is scheduled to be releasing its earnings data after the market closes on Monday, February 15th. Just Energy Group Inc. (JE.TO) (TSE:JE) (NYSE:JE) last issued its quarterly earnings data on Wednesday, November 11th. The company reported C($0.91) earnings per share for the quarter. The firm had revenue of […]
→ Google 翻译
Just Energy Group Inc. shares closed this week 29.0% higher than it did at the end of last week. The stock is currently up 46.4% year-to-date, down 86.9% over the past 12 months, and down 95.6% over the past five years. This week, the Dow Jones Industrial Average rose 0.6%, and the S&P 500 rose 1.9%. Trading Activity Shares traded as high as $7.08 and as low as $5.09 this week.Shares closed 9e+1% below its 52-week high and 5e+1% above its 52-week low.Trading volume this week was 60.1% lower than the 10-day average and 34.4% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Utilities industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by -1664.1% The company's stock price performance over the past 12 months lags the peer average by 383.9%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Just Energy Group Inc. shares closed today 22.5% higher than it did at the end of yesterday. The stock is currently up 46.4% year-to-date, down 86.9% over the past 12 months, and down 95.6% over the past five years. Today, the Dow Jones Industrial Average fell 0.6%, and the S&P 500 fell 0.4%. Trading Activity Shares traded as high as $7.08 and as low as $5.09 this week.Shares closed 9e+1% below its 52-week high and 5e+1% above its 52-week low.Trading volume this week was 60.1% lower than the 10-day average and 34.4% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Utilities industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by -1664.1% The company's stock price performance over the past 12 months lags the peer average by 383.9%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Just Energy Group Inc. shares closed 1.7% lower than its previous 52 week low, giving the company a market cap of $222M. The stock is currently down 91.4% year-to-date, down 91.1% over the past 12 months, and down 97.2% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.2%. Trading Activity Trading volume this week was 40.5% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 6.9% lower than its 20-day moving average, and 34.6% lower than its 90-day moving average.
Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Utilities industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year lags its average peer by 575.5%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Just Energy Group Inc. shares closed today at 0.7% above its 52 week low of $4.61, giving the company a market cap of $222M. The stock is currently down 91.4% year-to-date, down 91.4% over the past 12 months, and down 97.2% over the past five years. This week, the Dow Jones Industrial Average rose 1.0%, and the S&P 500 rose 1.5%. Trading Activity Trading volume this week was 57.3% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 0.0% lower than its 5-day moving average, 5.0% lower than its 20-day moving average, and 33.7% lower than its 90-day moving average.
Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Utilities industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year lags its average peer by 595.7%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Just Energy Group Inc. shares closed 1.1% lower than its previous 52 week low, giving the company a market cap of $224M. The stock is currently down 91.4% year-to-date, down 91.9% over the past 12 months, and down 97.0% over the past five years. This week, the Dow Jones Industrial Average rose 0.1%, and the S&P 500 fell 0.2%. Trading Activity Trading volume this week was 37.8% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 6.1% lower than its 20-day moving average, and 35.4% lower than its 90-day moving average.
Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Utilities industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year lags its average peer by 724.7%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
Just Energy Group Inc. shares closed today at 0.2% above its 52 week low of $4.66, giving the company a market cap of $223M. The stock is currently down 91.4% year-to-date, down 91.9% over the past 12 months, and down 97.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 fell 1.2%. Trading Activity Trading volume this week was 13.2% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 5.2% lower than its 20-day moving average, and 35.3% lower than its 90-day moving average.
Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Utilities industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year lags its average peer by 691.7%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
→ Google 翻译
McDonald's is teaming up with Just Eat to offer Black Friday 2020 savings to customers ordering online this week
→ Google 翻译
A Buffalo, New York, federal judge on Thursday tossed a putative class action lawsuit against a U.S. unit of Canadian electricity retailer Just Energy Group Inc, finding that it had not broken its contract with New York customers by charging "exorbitant rates" as the plaintiff…
→ Google 翻译
Plans for a 20-kitchen food warehouse in the city centre are set to go before the council next week.
→ Google 翻译
McDonald's is taking part in Black Friday 2020 and has teamed up with Just Eat to offer fans a freebie not to be missed!
→ Google 翻译
DoorDash filed its IPO prospectus Friday morning. Here is an early look at the figures and information from the company, which is expected to IPO before the end of the year with the symbol DASH. DoorDash was valued at $16 billion in an early funding round in 2020. The company raised $400 million in June. Friday’s prospectus says the company will raise $100 million, which is likely a placeholder. Largest Player in Market: DoorDash has the no. 1 market share position in the food delivery market, with over 18 million customers and partners with more than 390,000 merchants. DoorDash competes with Uber Eats, owned by Uber Technologies (NYSE: UBER ), Grubhub Inc (NYSE: GRUB ) and Postmates. Grubhub is merging with Just Eat, a European company and Postmates is merging with Uber Eats. In January 2018 DoorDash had 17% market share versus 27% from Uber Eats and 39% for Grubhub. … Full story available on Benzinga.com
→ Google 翻译
The service will be available in 49 McDonald's branches nationwide by November 25
→ Google 翻译
The delivery news we've been waiting a long time for
→ Google 翻译
News of a potential vaccine to stop dead the rampage of coronavirus sparked a huge FTSE 100 market boost today - but halted delivery firms' rise in their tracks.
→ Google 翻译
MCDONALD'S new Christmas menu is here, launching in restaurants, on UberEATS and Just Eat from Wednesday, November 18. Fans will be thrilled to see the Double Big Mac hit menus - a true festive feast.
→ Google 翻译
London’s FTSE 250 was down 0.3% at 17,161.59 in afternoon trade on Monday.
→ Google 翻译
In a statement online, Burger King confirmed outlets would be shutting - with McDonald's still opening for McDelivery and Just Eat
→ Google 翻译
Paul Pomroy, CEO McDonald’s UK & Ireland, confirmed the fast food giant will remain open for takeaway, Drive Thru and McDelivery via Uber Eats and Just Eat."
→ Google 翻译
JUST EAT, the UK’s largest online food ordering and delivery service, is introducing measures to support the hospitality industry in Wales.
→ Google 翻译
Just Energy Group Inc. (JE.TO) (TSE:JE) (NYSE:JE) fell 1.5% on Friday . The company traded as low as C$6.93 and last traded at C$7.06. 13,654 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 88,952 shares. The stock had previously closed at C$7.17. A number of brokerages recently […]
→ Google 翻译
Just Energy Group Inc (NYSE:JE) (TSE:JE) shares fell 6.3% during trading on Wednesday . The company traded as low as $5.32 and last traded at $5.36. 1,606,285 shares traded hands during trading, an increase of 103% from the average session volume of 791,836 shares. The stock had previously closed at $5.72. Several equities analysts have […]
→ Google 翻译
Just Energy Group Inc. (JE.TO) (TSE:JE) (NYSE:JE) was upgraded by stock analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a research note issued on Monday, BayStreet.CA reports. The brokerage presently has a C$10.00 price target on the stock. Royal Bank of Canada’s target price indicates a potential […]
→ Google 翻译
Just Energy Group Inc. (JE.TO) (TSE:JE) (NYSE:JE) was upgraded by analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has a C$10.00 price target on the stock. Royal Bank of Canada’s price target indicates a potential […]
→ Google 翻译
UK startup Notpla has created condiment packets made out of seaweed that are biodegradable, compostable and even edible. Ooho sachets are being used by British food delivery company Just Eat.
→ Google 翻译
Just Energy Group Inc. (JE.TO) (TSE:JE) (NYSE:JE) was upgraded by stock analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a report released on Monday, BayStreet.CA reports. The firm currently has a C$10.00 target price on the stock. Royal Bank of Canada’s price target would indicate a potential […]
→ Google 翻译
LONDON--(BUSINESS WIRE)--Leading European digital healthcare provider Zava is strengthening its board with two high level appointments. David Buttress, former CEO of Just Eat, joins as Chair and Roy Blanga, former COO of Deliveroo, also joins as a board member. Bringing expertise in customer-centred service development, they will support Zava as it scales up its offering in these changing times. UK-based Zava is one of the largest digital healthcare companies in Europe, offering fast, convenien
→ Google 翻译
As investors welcomed a 46 per cent rise in orders in the third quarter of the year, helped by tie-ups with McDonald's and Greggs, the food delivery group's stock rose another 6.4 per cent to 9404p.
→ Google 翻译
London’s FTSE 100 was down 0.5% at 5,942.26 in afternoon trade on Wednesday.
→ Google 翻译
The data was gathered by analysing over 700 million sweet orders from bakeries, ice cream shops, coffee shops and desserts from all restaurants menus
→ Google 翻译
UK demand for home delivery food continued to surge during the summer months, even before the latest round of Covid-19 lockdowns kick in, figures from Just Eat Takeaway showed today. As UK households became more accustomed to buying meals online, Deliveroo, Just Eat and Uber Eats have enjoyed surging sales. Just Eat Takeaway - the result of a £6.2 billion merger between
→ Google 翻译
Foodhub was launched in 2017 by Stoke-on-Trent school friends Ardian Mula and Mohammed Shakil
→ Google 翻译
Just Energy (JE) is in the news Friday after the revelation that PIMCO acquired a stake in the company sent JE stock rocketing higher.
→ Google 翻译
Luton has plenty of restaurants, cafes and takeaways to choose from, many of which are on the food delivery service site, Just Eat.
→ Google 翻译
Hedge fund short sellers claw back FTSE 100 losses as fresh Covid uncertainty sees bearish bets rebound Submitted By Hugh Leask | 06/10/2020 - 12:53pm Hedge fund short sellers have rebounded with a GBP418 million (USD542.6 million) gain from negative bets against FTSE 100-listed companies – just a month after losing almost the same amount from wayward shorts in UK blue-chip stocks. Overall, short sellers made gains from more than half of all FTSE 100-listed companies (53 out of 100), according to new data from Ortex Analytics, with Rolls Royce proving to be the most profitable wager, bringing in GBP187.7 million for bearish managers. September’s bounce-back marks a reversal of fortunes for hedge funds betting against FTSE 100 companies, an index often seen as a bellwether for investor confidence. In August, managers suffered a GBP420 million hit after UK equity market gains sent many sizable short bets southwards. Peter Hillerberg, co-founder of London-based equity research firm Ortex, noted that four of the five most profitable shorts in September had earlier been significant loss-makers in August, underlining how renewed uncertainty over the Covid-19 pandemic has underpinned the rebound. “Last month we saw a number of big trades turn sour for short-sellers which impacted overall profitability in August,” Hillerberg observed. “At the time, we predicted that the pendulum may swing back the other way in September and that’s exactly what we’ve seen as short sellers continue to profit from the uncertainty surrounding the pandemic.” Among the big bets to pay off were International Consolidated Airlines Group, owner of British Airways, Aer Lingus and Iberian.
→ Google 翻译
JUST Eat has tapped Rangers TV's Clive Tyldesley to commentate customers' orders.
→ Google 翻译
The bakery's Pumpkin Spice Latte will be available in stores and through Just Eat from October 1st
→ Google 翻译