Features

Money Minute Friday 18 October: trading updates and corporate earnings

In this morning's Money Minute, the London Stock Exchange plus a few other UK companies issue trading updates, and it's a big day for corporate earnings in the US.

In the UK this morning, the London Stock Exchange issues a trading update.At the start of this month, the Hong Kong stock exchange abandoned its takeover bid for the London market.Investors will be glad to have this potential distraction out of the way.They will also be particularly interested to hear more about the LSE's tie-up with financial data provider Refinitiv.

Other London-listed companies reporting include InterContinental Hotels, and veterinary drugs group Dechra Pharmaceuticals.

It's also a big day for corporate earnings in the US.Drinks giant Coca Cola reports its third quarter results.The company which bought coffee shop chain Costa Coffee earlier this year has been on a roll recently.Its share price is close to an all-time high, and analysts expect the strong growth seen in its second quarter to have continued.

Other companies reporting include payments group American Express and oil field services giant Schlumberger.

Recommended

The charts that matter: inflation, bubbles, and booze
Economy

The charts that matter: inflation, bubbles, and booze

As US stocks head higher into bubble territory, John Stepek looks at the charts that matter most to the global economy.
23 Jan 2021
23 January 1967: Milton Keynes founded
This day in history

23 January 1967: Milton Keynes founded

The most famous of Britain's garden cities, Milton Keynes in Buckinghamshire, was founded on this day in 1967.
23 Jan 2021
Quiz of the week 16-22 January
Economy

Quiz of the week 16-22 January

A Japanese car-maker announced plans to continue its UK operation, safeguarding 6,000 British jobs. But which one? And what else happened this week? T…
22 Jan 2021
22 January 1924: Ramsay MacDonald becomes prime minister
This day in history

22 January 1924: Ramsay MacDonald becomes prime minister

Ramsay MacDonald was one of the founder members of the Labour party, which he took to power on this day in 1924.
22 Jan 2021

Most Popular

Why we won’t see a house-price crash in 2021
House prices

Why we won’t see a house-price crash in 2021

Lockdown sent house prices berserk as cooped up home-workers fled for bigger properties in the country. And while they won’t rise quite as much this y…
18 Jan 2021
Inflation is the easiest way out of this – just don’t expect politicians to admit it
Inflation

Inflation is the easiest way out of this – just don’t expect politicians to admit it

The UK government borrowed £34.1bn in December, a record amount for that month. Britain's debt pile now amounts to 100% of GDP. How are we going to pa…
22 Jan 2021
The best investment trusts to buy for 2021
Investment trusts

The best investment trusts to buy for 2021

Sectors ranging from emerging markets to student accommodation look poised to do well this year, says David Stevenson, as he picks the best investment…
19 Jan 2021