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Flutter Entertainment downgrades full year guidance after punters give it a bets beating featured picture

Flutter Entertainment downgrades full year guidance after punters give it a bets beating

Online sports betting and iGaming group Flutter Entertainment (FLTR) said a run of customer friendly results in the NFL (National Football League) during November and December will impact full year US profit by around a third. The shares fell 3% after hours in the US while the UK shares dropped 2.6% to £199.90 today (8 Jan). The fall had a knock-on effect on Ladbrokes and Coral owner Entain (E...
Glad tidings for Tesco and Sainsbury’s as Christmas sales hit all-time high featured picture

Glad tidings for Tesco and Sainsbury’s as Christmas sales hit all-time high

It may not look like it from their share prices today, but if the latest supermarket sales figures are anything to go by both Sainsbury's (SBRY) and Tesco (TSCO) had a bumper Christmas. Sainsbury's, which is due to post a trading statement this Friday (10 January), saw its shares dip 4p or 1.5% to 273p, while shares in Tesco, which reports this Thursday, edged 4.7p or 1.3% lower at 368p. LET TH...
Airtel Africa director ups stake with £15.75 million buy, profit-taking at Raspberry Pi and Brooks MacDonald directors snap up shares | Directors Deals featured picture

Airtel Africa director ups stake with £15.75 million buy, profit-taking at Raspberry Pi and Brooks MacDonald directors snap up shares | Directors Deals

A PCA (person closely associated) with Shravin Mittal, non-executive director at Airtel Africa (AAF) - a subsidiary of Indian telecoms giant Bharti Airtel - bought 15 million shares in the communications company at 105p for a total value of £15.75 million on 2 January. Airtel is majority-owned by Bharti Airtel, an Indian multinational firm and subsidiary of Bharti Global, the investment arm of...
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