Hot Off The Wires - 28th January 2021

News

• Record iPhone sales in the run-up to Christmas enabled Apple to report the most profitable quarter in its history; revenue was up 21% to $111.4 billion in the final three months of 2020.

• Tesla made $721 million in 2020, with $270 million generated in the last three months of the year thanks to “substantial growth” in deliveries.

• AT&T posted a $13.9 billion loss in the fourth quarter, as the telecoms group and owner of Warner Bros and HBO warned that Covid-19 had continued to have an impact.

• “Complacent” financial markets buoyed by the rollout of Covid vaccines are at risk of a sudden collapse, the International Monetary Fund has warned.

• Richard Branson’s “blank cheque” investment company VG Acquisition Corp is closing in on its first deal by masterminding the $4 billion float of 23andMe, a genetics firm.

Results

• Rio Tinto (RIO) - New Executive Team

• Tritax Big Box REIT (BBOX) - Q4 Update

• Tate & Lyle (TATE) - Trading Update

• Workspace (WKP) - Q3 Update

• Keywords Studios (KWS) - FY Trading Update

• Joules (JOUL) - Interim Results. Marc Dench, CFO, has decided to leave the company in the coming months in order to take up a position with HealthHero.

• VH Global Sustainable Opportunities (GSEO) - Results of IPO

Trivia

The longest place name in the world is comprised of 85 letters - in which country is it?

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