Coronavirus impact: 30 April - tobacco comes to the rescue and volatility boosts stockbroker
A small stockbroker covered here continues to thrive on the heightened volatility benefiting from yet another upgrade. Tobacco remains ever constant and British American is putting its considerable resources towards helping out
IG Design: not much to celebrate in the short termLike many businesses, IG Design Group (LON:IGR), one of the world's leading designers and manufacturers of celebrations, craft, gifting, stationery and creative play products, was performing excellently until the pandemic struck. A trading update for the financial year ended 31 March 2020 paints a very different outlook with celebrations on-hold. The group finished the financial year with revenues approximately 10% up on the prior year, including four weeks of trading from US based CSS Industries Inc, which was acquired on 3 March 2020. Given the seasonal nature of its activities, there…