Next has reported its first fall in profits in eight years, although the shares are up 5% this lunchtime. Share Radio's Ed Bowsher spoke to Neil Wilson, Senior Market Analyst at ETX Capital to find out more.
Life insurer Prudential PLC is bidding for a slice of the £12.5bn of Bradford & Bingley mortgages being sold by the government, Nex has just released its Q3 statement announcing that Trump effect boosted revenues by 11%, and Qinetiq's revenues are ‘steady’ as it looks to end a 5 years of decline. Chris Bailey, Founder of Financial Orbit, joined Share Radio's Ed Bowsher to look at these and other important company news.
Just Eat Chief Executive David Buttress announced that he will step down due to "urgent family matters", this sent the company's shares down 6% in the first hour of trading today. UK's largest pub retailer and brewer Greene King released its 40th week trading statement update which saw the group having a slow sales growth between January and November despite a record-breaking Christmas Day. Plus, British lender Nationwide's profit dropped 16 percent as low rates bite. To discuss this and other corporate stories Share Radio's Ed Bowsher was joined by Craig Erlam, Senior Market Analyst at OANDA.