Adrian Holliday

Adrian has written about property, pensions and investing for almost 20 years, from Teletext to the Observer and AOL. He is a believer in diversity, low transaction costs – and simplicity.

Articles by Adrian Holliday Page 19

Saudi Arabia map
Oil advances on Saudi-Russian supply cuts while Merkel claims victory in North Rhine-Westphalia

Significant news from Saudi Arabia and Russia this morning: the top two oil producers have agreed oil output cuts until March 2018. Merkel oil. Euro

Adrian Holliday
Photo of AstraZeneca building
AstraZeneca shares surge 8% while weak JC Penney sales sees shares hit rock bottom

JC Penney has revealed weak first quarter numbers with its stock price hitting $4.74, near an all-time low, at one point.

Adrian Holliday
Macy's shares plummet 17%
Fear for US retail sales as Macy's shares plummet 17%

In the US, some shock for retailer Macy’s: shares fell 17% as the retailer revealed a profits slump with profits coming in at just 24 cents a share compared to an estimated 35 cents.

Adrian Holliday
bank of England
Bank of England warns spending downturn will continue as inflation hits real wages

Bank of England warns spending confidence will take time to recover meanwhile US shares take a hit, the worst daily decline since April.

Adrian Holliday
BT sheds jobs
BT takes the axe to 4,000 jobs and denies bonuses to top execs

London’s Big Board was up 0.59% higher on Wednesday at 7,385.24 edging closer to 7,400 helped by strong gains for oil players.

Adrian Holliday
Pret a Manger store
Pret a Manger mulls New York IPO meanwhile FTSE 100 nears 7,400

The FTSE 100 neared 7,400 ending the day at 7,388.13 though it hit 7,398.58 at one point. The two biggest climbers were Hargreaves Lansdown and Associated British Foods

Adrian Holliday
Stock market graphic
ITV ad revenues dip but Barratt predicts strong sales year

ITV ad revenues come under pressure but Barratt Developments predicts record sales year.

Adrian Holliday
SSE and Centrica shares
SSE and Centrica shares hit on Tory plans to cap prices

SSE and Centrica shares hit on Tory plans to cap prices

Adrian Holliday
Apple shares
Apple shares power higher meanwhile Conservatives confirm energy rate bill cap

Apple shares shift higher meanwhile Conservatives confirm energy rate bill cap

Adrian Holliday
Stock market and euro down
Stock markets and euro slip on Macron result

Monday saw the FTSE 100 finish just three points higher at 7,300.86, up 0.05%. The top risers included Intu Properties, up 2.15% to 275.50p and Paddy Power Betfair, up 2.10% to 8,250p. Centrica shares lifted 1.86%. There was also some support for high street retailer Next, up 1.84%.

Adrian Holliday
Currency markets
Currency markets subdued despite landslide Macron win

A touch of euphoria, then a fall back to reality. That was the currency markets reaction to the decisive Macron victory in Paris on Sunday which took 66% of the total vote. In Asia Japanese stocks surged following the news with the Nikkei 225 up 2.3% initially. 

Adrian Holliday
Macron French victory
Euro climbs on Macron French victory

Some investor relief after Emmanuel Macron claimed an emphatic victory in the French election yesterday. The Nikkei climbed by more than 2% to a 17-month high. The euro also climbed to a one-year peak of almost 1.24.60 against the yen. However Macron’s victory had been priced in, to some degree, by the markets. 

Adrian Holliday
oil prices
US jobs growth steps up but oil prices continue to unwind

US jobs growth steps up but oil prices continue to struggle

Adrian Holliday
Sainsbury's profits
Sainsbury's grim week – which supermarket emerges on top?

On Tuesday Sainsbury’s revealed a shock first quarter 8.2% profits cut to £503m. Tesco responded with a trolley wobble of its own, its shares dipping 3.5% almost immediately. The three major supermarkets, Tesco, Sainsbury’s and Morrisons slashed fuel prices on Wednesday – 2p off diesel and 1p off petrol – in a bid to retain market share.

Adrian Holliday
IAG shares climb
IAG shares fly higher helped by lower fuel costs

IAG shares rose 5% this morning to 600.17p as the owner of British Airways and Iberia revealed a 10% surge in operating profits – hitting €170m – for the first quarter of 2017. The new numbers appear impressive given that the first quarter is traditionally slow for the airline.

Adrian Holliday