Hot Off The Wires - 7 November 2019

News

• Foreign private equity firms are leading a $152bn blitz on the London Stock Exchange to snap up undervalued UK businesses, taking advantage of the weak pound.

• Rolls-Royce has teamed up with German aerospace design company APUS and Brandenburg University to make a hybrid-electric engine for small planes which it hopes to have flying within two years.

• Ikea’s British sales rose by 8% boosted by online business and new stores.

• Sales of Rolls-Royce motor cars have risen by 42% this year turbocharged by the new Cullinan 4x4.

Results

• Persimmon (PSN.L) - Q3 Trading Statement

• Auto Trader (AUTO.L) - Half Year Report

• J Sainsbury (SBRY.L) - Interim Results

• Flutter Entertainment (FLTR.L) – Q3 Update

• Tate & Lyle (TATE.L) - Half Year Results

• McCarthy & Stone (MCS.L) - Trading Update

• Howden Joinery (HWDN.L) - Trading Update

• Galliford Try (GFRD.L) - Sale of Housing Business

• Inchcape (INCH.L) – Trading Update

• IMI (IMI.L) – IMS & Strategy Review Conclusions

• Superdry (SDRY.L) - Pre-close statement

• TheWorks.co.uk (WRKS.L) - HY Trading Update

• Purplebricks (PURP.L) - Trading Update

Trivia

What is a group of hedgehogs known as?

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