|Bid||2,520.00 x 0|
|Ask||2,800.00 x 0|
|Day's range||2,719.00 - 2,796.00|
|52-week range||1,744.00 - 2,797.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||15.53|
|Earnings date||03 Mar 2020|
|Forward dividend & yield||0.41 (1.47%)|
|Ex-dividend date||16 Jan 2020|
|1y target est||2,438.13|
The bourse subsequently recouped a bulk of those losses to end 0.3% lower, boosted by a Wall Street Journal report https://on.wsj.com/2E1KAph that negotiators from Washington and Beijing were planning on delaying tariffs set to come into effect this Sunday. The FTSE 250 shed 0.7%, as recent optimism over a prospective victory for the Conservative Party in Britain's Dec. 12 election gave way to concerns about slowing economic growth. Data showed Britain's economy grew at its slowest annual pace in nearly seven years in October.
The UK-based company, which last year benefited from a weaker sterling as the value of its dollar revenues rose, said that except for the UK and a currency headwind, it expected results to be in line with expectations. The company posted higher half-yearly pretax profit, driven by growth in its North America business and led by a rise in non-construction activity. Ashtead, which rents out diggers, construction tools and other equipment, said underlying pretax profit rose 6% to 633 million pounds on a post-IFRS basis for the six months ended Oct. 31.
Investing.com -- Here is a summary of the most important regulatory news releases on Tuesday, 10th December. Please refresh for updates.
The FTSE 100 company, which rents out diggers, construction tools and other equipment, said underlying pretax profit rose 9% to 319 million pounds in the three months ended July 31, compared to analysts' expectations of 317 million pounds. The company's results follows a bumper 2018-19, with Ashtead seeing an uptick in construction companies choosing to rent equipment instead of buying, and as U.S. construction activity boomed.
The FTSE-100 company, which rents out diggers, construction tools and other equipment, said underlying pretax profit rose to 1.11 billion pounds ($1.39 billion) in the year ended April 30, from 927.3 million pounds a year earlier. Total revenue at Sunbelt U.S. increased 20% to $4.99 billion from a year earlier, driving a 19% rise in the group's overall revenue at 4.50 billion pounds ($5.64 billion).
Europe's listed companies are expected to generate 1.2 trillion euros ($1.3 trillion) in revenue from the United States this year, highlighting what's at stake as global trade tensions grow and earnings and economic growth stall. Analysts and investors say that based on revenues, European companies are more vulnerable to a dispute than their competitors in the United States. U.S. President Donald Trump is due to decide by Saturday whether to impose duties on car imports, potentially posing another significant threat to global growth and denting Europe's prized auto sector.
Britain's main stock index tumbled to a near six-week low on Tuesday as investors returned from a long weekend to a threat of more U.S. tariffs on China that triggered a selloff led by oil majors and banks. The FTSE 100 slumped 1.6 percent, while midcaps were 1.2 percent lower. Oil majors Shell and BP suffered their worst day since early December as the trade nerves fanned concerns about global growth and demand.
Britain's main stock index fell to a one-month low on Tuesday as investors returned from a long weekend to a threat by U.S. President Donald Trump to China on tariffs. Mid-cap security group G4S dropped after Canada's Garda World abandoned its takeover plan.
Britain's main stock index bounced back on Monday, rescued from the red by a turnaround in oil majors, although financials fell and industrials were bruised after Boeing said last week it was slashing its 737 aircraft output. The exporter-heavy FTSE 100 was up 0.1 percent at its highest closing level since early October, outshining its European and U.S. counterparts, while the midcaps dipped 0.1 percent.
Britain's FTSE 100 advanced on Tuesday as Ladbrokes owner GVC surged on strong results and a weaker pound paved the way for gains in dollar earners, while Intertek tumbled as investors rushed to book profits after an in-line earnings report. The FTSE 100 was up 0.7 percent, outperforming its euro zone peers.
Britain's FTSE 100 edged higher on Tuesday as Vodafone gained on plans of a bond issuance and exporter stocks benefited from a strong dollar, while Intertek slipped as investors booked in profits after in-line results. The FTSE 100 was up 0.4 percent outperforming its euro-zone peers and the FTSE 250 was roughly flat by 0904 GMT.