|Bid||664.80 x 0|
|Ask||665.20 x 0|
|Day's Range||658.00 - 672.40|
|52 Week Range||519.20 - 833.14|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||114.86|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
● Rentokil dipped on competition worries after US-listed peer ServiceMaster expanded its European operations with the purchase of Nomor, the continent’s fourth-biggest pest control company. ServiceMaster agreed to pay $200m for Nomor, which has operations in Norway that overlap Rentokil’s business. The US company has also agreed to buy some UK pest control assets from Rentokil that were for sale to appease the Competition and Markets Authority.
Eminence Capital, a New York hedge fund that holds 4.4% of Just Eat stock, said it would vote against the food-delivery app’s merger with rival Takeaway.com
Investment firm Cat Rock, however, said on Tuesday Just Eat shareholders should vote for the merger unless a more "compelling and credible" counter-offer emerges. "Voting against the Just Eat and Takeaway.com merger benefits no one but Just Eat's competitors," Cat Rock said in a statement https://static1.squarespace.com/static/5c13f4c6e17ba3aca12b9686/t/5d6e5eef4f45fb00014f46f7/1567514352007/Cat+Rock+Capital+Press+Release+on+Just+Eat+plc+9-3-19+vFinal.pdf. Cat Rock had been pushing Just Eat to merge with a rival such as Takeaway and has also stepped up its campaign for changes at the company.
The FTSE 100 lost 0.1%, but still bagged weekly gains after a turbulent few sessions largely dominated by global trade relations. The FTSE 250 slipped 0.2%. Online takeaway service Just Eat tumbled 8.2%, its steepest one-day decline in more than a year, after rival Deliveroo said it had gained Amazon's backing in a $575 million funding round.
European stocks snapped a three-day winning streak on Friday amid global trade jitters after Beijing ratcheted up its war of words with Washington, while the end of Brexit talks between British political ...
Amazon has taken a stake in British online food delivery company Deliveroo, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for takeaway meals. The news the world's biggest online retailer had bought into one of Europe's fastest growing tech companies sent shockwaves through the sector, hitting shares in European rivals Just Eat, Takeaway.com and Delivery Hero. Deliveroo founder and CEO Will Shu said the fundraising would enable the loss-making group to increase its reach, develop technology and pursue innovations such as expanding its own kitchens that can be rented to restaurants to meet demand.
European shares dropped on Friday after three days of gains, as Beijing ratcheted up its war of words with Washington over trade, weighing on risk appetite. The pan-European STOXX 600 index was down 0.7% by 0720 GMT, though it was still looking at its best weekly performance since in 1-1/2 months. The Communist Party's People's Daily used a front page commentary to say the trade war would never bring China down, after telecoms equipment giant Huawei Technologies Co Ltd was put on a U.S. blacklist.
By Muvija M and Shashwat Awasthi (Reuters) - UK blue-chip stocks rose slightly on Friday, recouping the session's losses as mining stocks gave investors something to cheer about at the end of a largely ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Just...
The FTSE 100 ended 0.4 percent lower and the more domestically-focused FTSE 250 inched down 0.1 percent. Shell shed 1.4 percent to a month low and BP gave up 2.1 percent, as crude prices weakened after U.S. oil inventories rose more-than-expected with output reaching a new record of 12.3 million barrels per day. As sterling rose to multi-week highs with lingering hopes of progress in cross-party Brexit talks and ahead of Bank of England interest rate meeting on Thursday, exporter companies bore the brunt as much of their revenue is earned in dollars.
Both the FTSE 100 and the FTSE 250 ended 0.1 percent lower, although the blue-chips trimmed losses after data showed U.S. economic growth accelerated in the first quarter. Mining company Glencore fell 3.3 percent after saying that the U.S. Commodity Futures Trading Commission was investigating possible "corrupt practices" that may have broke some rules. Royal Bank of Scotland skidded 4 percent, its biggest fall in nearly five months, as it reported lower first-quarter profit that was hurt by intensifying competition and Brexit uncertainty.
British online takeaway service Just Eat said on Friday that the pace of order growth in its home market slowed in the first three months of the year, prompting activist shareholder Cat Rock to step up its campaign for changes at the company. The firm said UK orders increased 7.4 percent to 31.9 million over the three months to March 31 - a slowdown from growth of 13 percent in the fourth quarter of 2018. Just Eat said UK growth was impacted by a strong comparative number, unseasonably warm weather in February, and the Easter holiday falling in the second quarter this year.
Just Eat’s U.K. revenue increased 28 percent year-on-year over the first quarter, with its main U.K. orders growing just 7.4 percent. The company still expects full year revenue of between 1 billion to 1.1 billion pounds ($1.29 billion to $1.4 billion), which matched estimates according to data compiled by Bloomberg. Just Eat rejoined the FTSE 100 this year, but the company is battling against a growing Uber Eats, which is planning to launch a rival marketplace platform in the U.K., following Deliveroo’s entry in mid-2018.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'l...
By Shashwat Awasthi and Yadarisa Shabong (Reuters) - Financial stocks and housebuilders slipped after British Prime Minister Theresa May asked the European Union to delay Brexit and caused the FTSE 100 ...