Adam Clark on Muck Rack

Adam Clark


Reporter for Dow Jones Newswires, based in Barcelona.

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Journalist for Dow Jones Newswires, based in Barcelona. Covering UK, Dutch, South Africa and Russian stock markets.

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@AdamDowJones — 82 followers, 491 tweets

Sneaking out slightly after other retailer updates, Dunelm $DNLM shares now down 5%. Reported 14% revenue growth to £255m in the last quarter of 2017 and good online sales, but market taking a 1.8% reduction in gross margin badly.
RT @WSJ: BP's $1.7 billion charge shows how the explosion of the Deepwater Horizon oil rig in April 2010 continues to weigh on the company…
Tatew & Lyle $TATE promotes CFO Nick Hampton to replace Javed Ahmed as CEO. Continuity on plan to shift to higher-margin specialty food and away from bulk ingredients - although Investec notes incoming chairman and food veteran Gerry Murphy may drive more M&A.
Well - partly. Ignores knock-on effect to suppliers, costs and delays of re-tendering public contracts, compensation issues at Carillion. The rush to turn this into a political football will waste the opportunity to have a proper debate. 
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