Market updates

Schroders to name Richard Oldfield as next chief executive
September 05, 2024 10:22 AM BST | By EODHDSchroders plans to appoint chief financial officer Richard Oldfield as its next chief executive, according to people familiar with the

London Pre-Open: Stocks Expected to Drop Ahead of ADP Report
September 05, 2024 09:58 AM BST | By Team Kalkine MediaOn Thursday, London stocks are anticipated to decline at the start of trading, following mostly weaker performances in the US and Asian markets. The F...

AB Foods Warns of Sales Drop at Primark; Vistry Reports First-Half P...
September 05, 2024 09:55 AM BST | By Team Kalkine MediaLondon Market Opening,On Thursday, the FTSE 100 is anticipated to open 17 points lower, following a decline of 0.35% on Wednesday, closing at 8,269.60...

AstraZeneca says ‘small number’ of employees under investigation in...
September 05, 2024 09:50 AM BST | By EODHDAstraZeneca said a “small number” of its employees are under investigation by police in China, following a report they had been detained

Foxconn says August revenue +32.81% y/y, performance to further impr...
September 05, 2024 08:50 AM BST | By EODHDTAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Thursday reported revenue...

Valmet to start change negotiations in Finland in its Paper business...
September 05, 2024 08:33 AM BST | By EODHDValmet Oyj press release September 5, 2024 at 10:00 a.m. EEST ESPOO, Finland, Sept. 5, 2024 /PRNewswire/ -- Valmet starts change negotiations on Septe...

Primark Owner AB Foods Upbeat on Outlook Despite Woes in Sugar Busin...
September 05, 2024 07:58 AM BST | By EODHDAssociated British Foods said its Primark clothing business should post 4% sales growth for the second half, and that the operating margin for the uni...

Volvo Cars lowers profit margin target
September 05, 2024 07:02 AM BST | By EODHDSTOCKHOLM (Reuters) - Swedish automaker Volvo Cars on Thursday lowered its adjusted profitability target for 2026 and said it aims to continue outgrow...

Franklin Resources Has a Problem on Its Hands. What Investors Need t...
September 05, 2024 07:00 AM BST | By EODHDA fund manager’s use of Treasury derivatives to make interest-rate bets appears to have triggered an SEC investigation. Continue reading View comments

Shell claims LNG group ‘wrongfully earned’ $3.5bn on shipment arbitr...
September 05, 2024 05:00 AM BST | By EODHDShell is alleging US liquefied natural gas provider Venture Global “wrongfully earned” $3.5bn by failing to deliver shipments to European

Stellantis to resume production at certain U.S. plants after product...
September 05, 2024 01:36 AM BST | By EODHD(Reuters) -Jeep's parent company Stellantis said on Wednesday that it will resume production at certain U.S. assembly plants after making "production...

Challenger Selects State Street as Custodian and Back-, Middle- and...
September 05, 2024 01:00 AM BST | By EODHDSYDNEY, September 05, 2024--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has been selected by Challenger Limited, a p...

M&S targets further growth amid strong momentum in clothing and...
September 05, 2024 12:01 AM BST | By EODHDMarks & Spencer has said it can grow its fashion and homeware business further on the back of strong online momentum, as bosses hailed “the beginnings...

Kroger CEO pins price increases on rising costs at trial
September 04, 2024 10:24 PM BST | By EODHDKroger CEO Rodney McMullen attributed rising grocery prices to increasing costs for retailers as he defended the grocery chain's proposed $25 billion...

ZIONS BANCORPORATION TO PRESENT AT THE BARCLAYS GLOBAL FINANCIAL SER...
September 04, 2024 10:15 PM BST | By EODHDSALT LAKE CITY, Sept. 4, 2024 /PRNewswire/ -- Harris Simmons, Chairman and CEO of Zions Bancorporation, N.A. (NASDAQ: ZION), will make a presentation...

Kinross to provide an update on the Great Bear project
September 04, 2024 10:00 PM BST | By EODHDKinross Gold Corporation TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) will release its Prelimina...

Airbus, Rolls to brief airlines as pressure for A350 checks eases, s...
September 04, 2024 09:50 PM BST | By EODHDBy Tim Hepher PARIS (Reuters) - Airlines will likely be told there is no immediate need for global checks on the Airbus A350-1000, ending days of unce...

Jamie Mullarkey named Markel's Global Executive Underwriting Officer...
September 04, 2024 09:30 PM BST | By EODHDRICHMOND, Va., Sept. 4, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today that Jamie Mullark...

Hewlett Packard Enterprise: Fiscal Q3 Earnings Snapshot
September 04, 2024 09:16 PM BST | By EODHDSPRING, Texas (AP) — SPRING, Texas (AP) — Hewlett Packard Enterprise Co. (HPE) on Wednesday reported fiscal third-quarter profit of $512 million. On a...

Equity Residential Provides Operating Update
September 04, 2024 09:15 PM BST | By EODHDCHICAGO, September 04, 2024--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today provided an update on certain same store operating trends in its bu...
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