Archives

Highlights:,Positive UK Performance:,B&Q and Screwfix likely to report solid trading figures.,Easier French Comparatives:,French operations expected to benefit from favorable year-on-year comparisons.,Romanian Exit on the Horizon:,Plans to exit the loss-m...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,Dividend Boost:,Imperial Brands announces a 4.5% dividend hike despite modest revenue decline.,Next-Generation Products Growth:,Sales of vapes, heated tobacco, and nicotine pouches are scaling rapidly.,Market Confidence:,Shares reach five-year...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,Outcome Delivery Incentives (ODIs) Adjustment:,Ofwat’s ODI framework may see a more balanced approach based on sector performance insights.,Positive Revisions on Totex:,Potential upward adjustments in total expenditure allowances could benefit...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,Bharti Airtel Becomes BT’s Largest Shareholder:,Bharti acquires a 24.5% stake in BT Group from Altice, marking a significant shift in ownership.,Altice Exits Stake in BT:,US telecoms competitor Altice reduces its BT holdings from 14.78% to zer...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,New Hybrid Work Policy Sparks Resignations:,CEO Raman Bhatia’s mandate for hybrid staff to work at least 10 days a month in the office has led to employee discontent and resignations.,Limited Office Capacity Adds Pressure:,With only 900 office...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,2,500 Layoff Notices Issued:,Boeing has notified 2,500 employees across the US, primarily in Washington and South Carolina, as part of a plan to cut 17,000 jobs.,Wider Cost-Cutting Strategy:,The layoffs are part of a broader initiative to addr...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,CEO Pay Increases by 44% Amid Losses:,ASOS CEO José Antonio Ramos Calamonte’s remuneration rose to £1.17 million despite the retailer reporting a £379 million loss.,Sales Drop and Inventory Woes:,Sales fell by 16% to £2.9 billion, while excess...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,UK stocks trading at a discount:,Goldman Sachs identifies UK equities, particularly domestically focused ones, as undervalued compared to European and US counterparts.,Improving economic outlook in the UK:,Factors like easing inflation and ste...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,Share Placement Raises $2.6M:,Pantheon Resources issued 9.1 million shares to pay down convertible debt, raising $2.622 million.,Prudent Governance Approach:,The move preempts potential regulatory challenges tied to upcoming drilling updates.,...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media

Highlights:,Rising Costs Threaten Retail Viability:,UK retailers face £7 billion in added costs due to tax and wage increases.,Impact on Jobs and Prices:,Businesses anticipate job losses, shop closures, and inflationary pressures.,Calls for Government Act...

• November 19, 2024 02:33 PM GMT
• Team Kalkine Media