Category Archives for "Wazzup?"

Wazzup – 20th Sept 2017

Slow start to the new fiscal year for FEDEX (fdx) and DIAGEO (dge_l).       Fedex Q1 disappoints on cyber-attacks and hurricane headwinds, while Diageo blames a late Chinese New year and US spirits investment for a weak start to its FY18.  Management innocent on all counts, of course   ;-)   Fedex – Q1 FY18:  […]

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Wazzup – 27 July 2017 – a results palooza!

A results deluge today as companies report Q2 numbers ahead of the August holidays.  Updates from RELX, ITV, DMGT, Sky, A3M, S&P Global, Amazon, Comcast, Nielsen, Solocal, Barrick, Dow Chemical, Fiat Chrysler, Eastman Chemical, BASF, Air Products, Danone and VW, to name a few.     RELX  – H1 FY17 results.   Fortunately, another steady […]

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Wazzup – 11th July 2017

German specialist cooker manufacturer Rational took top honours today with its guidance upgrade as US chain sales continue to storm ahead while back in Brexitland, an underwhelming Q1 sales report from M&S and for Pearson a difficult attempted exit from its consumer book venture (PRH) did little to lift the gloom.     . Rational – FY17 […]

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Whitbread continues to deliver the goods

Whitbread Q1 trading update confirms solid start to year – remains in the GrowthRater portfolio   The recent consumption data for May from VISA  that I highlighted earlier in the month which showed a relatively buoyant YoY growth in expenditure of +3.3% for Hotels, Restaurants and Bars was also reflected in Whitbread’s Q1 trading update. While […]

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Wazzup – 12th June 2017

Theresa may have to eat crow when she dines with newly elected Macron tomorrow, but the more immediate driver to markets this week will be whether the Fed raises rates on Wednesday despite weak inflation, GDP and net job growth. For the UK, weak sterling and consumer expenditure growth figures from VISA suggest continued pressure […]

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Wazzup – 7th June

Agency AGM trading statements continue to provide mixed signals on trading into early 2017        . WPP – April organic net sales growth remains below +1%, notwithstanding the late Easter and election effect         . M&C Saatchi – “2017 has started well”             .   […]

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Wazzup – 26th May 2017

Informa (inf_l) – Plan B still looks the more attractive option           .   This  morning’s AGM trading statement for the first four months of 2017 did little more than “re-confirm” FY17 expectations for another year of “growth in revenues, earnings and cash flow”. While welcome, after the more mixed and […]

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Wazzup – 25th May

DMGT – cheaper, but not compelling this side of the Brexit negotiations UK newspapers, Brexit and a guidance cut is a fairly toxic combination as the new management discovered today as the shares dumped almost 7%/-52p to 700p per share. The actual results being reported (H1 FY17) however, were broadly consistent with what was flagged […]

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