Hot Off The Wires - 5 December 2019

News

• Eddie Stobart has lined up Deloitte to prepare it for insolvency amid fears the trucking company could collapse in a matter of days.

• Card retailer Clintons is out of administration after sealing a rescue deal with the chains existing owners, safeguards 2,500 jobs.

• Exercise bike firm Peloton has lost nearly $1.5bn in market value after a backlash against a Christmas advert widely derided as “sexist and dystopian”.

• Boris Johnson has suggested that allowing Huawei to invest in the UK’s 5G network might harm the nation’s security; the move came after Donald Trump applied pressure for other countries to adopt the US ban.

Results

• DS Smith (SMDS.L) - HY Results

• ContourGlobal (GLO.L) - Trading update

• Dunelm (DNLM.L) - Trading Update

• Victrex (VCT.L) - Preliminary Results

• IG Group (IGG.L) - Pre-close Trading Update

• AJ Bell (AJB.L) - Final Results

• ImmuPharma (IMM.L) – Proactive Investors Interview

• Joules (JOUL.L) - Pre-close Trading Update

Trivia

What is the only mammal capable of true flight?

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