skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 

Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross.

#1. NatWest Group Q3 profits well ahead of expectations

Bumper Q3 numbers from another bank this morning with NatWest Group [LON:NWG] updating the market. Profits have come in more than 50% ahead of analyst expectations, even after taking account of a close on £300m litigation and conduct charge, which it picked up after a money laundering incident. Like others, bad debt provisions have been revised lower resulting in a net impairment release of £242m for the period and the bank reports a RoTE of 8.5%.

#2. Computacenter on track to deliver record revenues

There is a Q3 update out from Computacenter [LON:CCC] today, showing the company is currently trading marginally above expectations, leaving it on track to deliver record revenues, profits and EPS for the full year to 31st December. The company notes that product supply shortages aren’t as severe as some had predicted, although it is constraining performance marginally. Without such limitations the situation would have been even stronger.

#3. Cranswick gets carbon neutral certification for all UK manufacturing sites

On the eve of COP 26, an interesting note from Cranswick [LON:CWK]. Meat production is seen as an easy target when it comes to how we could reduce the impact we have on the climate, but the company has now received carbon neutral certification for all 14 of its eligible UK manufacturing sites. There’s still more to be done, but Cranswick notes it has committed to buying 100% deforestation-free soya feed and is looking to achieve net zero greenhouse gas emissions across its whole operation by 2040.

Become a better investor with SharePad Designed to give you the confidence to pick your own investments, Sharepad gives you access to a wealth of information on UK, US & European stocks. Find out more

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

Stocks in Focus

Here are some of the smaller companies we are following most closely. They all represent significant growth stories in our view. Our in-depth reports go into more detail on why we like them.

Comments


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
Trade Nation
WisdomTree
ActivTrades
Back To Top