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For investors, increase in profitability and industry-beating performance can be essential considerations in an......
(Bloomberg) -- The pound is unlikely to drop much further whatever the outcome of next month’s U.K. election.The currency could climb nearly 5% to $1.34 after the Dec. 12 vote if the ruling Conservatives win, according to a Bloomberg survey of 12 strategists and investors. That is seen as their base case with a 40% probability. The next most likely scenario, of a coalition government led by Labour, would only send the pound down less than 1% in the short term, and could ultimately result in a second Brexit referendum that would spur a renewed rally.The U.K. currency has staged a rebound to around $1.28 since hitting a near three-year low below $1.20 in September, largely on the back of Prime Minister Boris Johnson finally managing to secure a Brexit deal. It has lost some ground since Johnson called the election to try to gain a majority to push the agreement...
While Future Retail Limited (NSE:FRETAIL) shareholders are probably generally happy, the stock hasn't had particularly......
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