Weekly Outlook: Ashtead and Reckitt Benckiser results
Key events for wealth managers in the week beginning 3 March
Reckitt Benckiser
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Travis Perkins slashes jobs as Reckitt misses Q3 growth target
The market responded harshly to the third quarter announcements made by Travis Perkins and Reckitt Benckiser Wednesday, causing shares in the companies to topple 6.9% to 1384.5 and 2.3% to 7156.5p, respectively.
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PA ANALYSIS: Navigating earnings season snakes & ladders
Shares in Reckitt Benckiser rose more than 1.5% on Monday after it produced a strong set of first half numbers.
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Tax cuts, consumers and population dynamics a boon for healthcare
Population dynamics, consumer demand and an effective corporate tax cut are coalescing to make the UK healthcare sector an increasingly attractive proposition, says Newton Investment Management’s Paul Stephany.