B&M cuts profit outlook, shares sink
Investing.com — Shares of B&M European Value Retail (LON:BMEB) plummeted over 12% on Thursday after the variety store chain lowered its profit guidance for the fiscal year 2025. The company…
Greggs shares drop over 10% as growth slows amid weak consumer confidence
Investing.com — Greggs (LON:GRG) on Thursday saw its shares tumble by more than 10% following its trading update that reported slowing growth in like-for-like sales and cautious forward guidance. The…
M&S sees strong Christmas food sales, clothing growth modest
Investing.com — Marks & Spencer (LON:MKS) has reported strong results during the Christmas trading period, signaling continued momentum in its revival efforts. The retailer posted an 8.7% increase in food…
Aerospace firms gird for protectionism under Trump, Airbus CEO says
By Tim Hepher PARIS (Reuters) -European aerospace companies are bracing for “very strong” protectionism in the United States under the administration of President-elect Donald Trump, the head of planemaker Airbus…
Tesco sees strong Christmas sales, maintains guidance
Investing.com — Tesco (OTC:TSCDY) on Thursday delivered strong results in its Q3 and Christmas trading update, especially in its core UK grocery business and sustained growth across key markets. However,…
Climate change shows ‘claws’ with rising costs for disasters, Munich Re says
By Alexander Hübner and Tom Sims MUNICH (Reuters) – Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from 2023 and…
Indonesia stocks lower at close of trade; IDX Composite Index down 0.07%
Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower. At the close in Jakarta, the IDX…
RBC downgrades Swatch to ‘underperform,’ cites structural and cyclical challenges
Investing.com — RBC Capital Markets in a note dated Thursday has downgraded Swatch Group (SIX:UHR) to an “underperform” rating, citing structural and cyclical challenges that could hinder the company’s performance…
Joby Aviation stock price has soared: is it too late to buy?
Joby Aviation stock price continued its strong momentum, reaching a high of $10.72, its highest level since July 2023. It has surged by over 130% from its lowest level in…
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged ties to the Chinese military. This action has…