Shares News

Greggs third-quarter trading update fails to excite investors, shares fall 3% featured picture

Greggs third-quarter trading update fails to excite investors, shares fall 3%

Shares in Greggs (GRG) were down more than 3% to £30.07 as investors expressed mild dissatisfaction with the UK bakery chain's third-quarter trading update. Reporting a 10.6% rise in total sales for the 13 weeks to 28 September, and 12.7% year-to-date, the company expects its full year outcome to be in line with previous expectations, acknowledging ongoing economic uncertainty. Like-for-like s...
Directors at Dunelm, Next and Hollywood Bowl go on a selling spree | Directors Deals featured picture

Directors at Dunelm, Next and Hollywood Bowl go on a selling spree | Directors Deals

Simon Wolfson, CEO of clothing retailer Next (NXT) has sold three tranches of shares during the period 20 to 24 September. Wolfson sold 204,349 shares at £100.65 for a total value of £20,568,376; 57,962 shares at £101.57 at a total value of £5,887.051 and 27,689 at £100.04 for a total value of £2,77,001 on 27 September. Dan Coatsworth, investment analyst at AJ Bell said: 'Company director...
FTSE 100 ends the week higher as equities given a boost following Chinese stimulus package featured picture

FTSE 100 ends the week higher as equities given a boost following Chinese stimulus package

Stocks in London closed in the green on Friday, as Chinese stimulus measures continued to give equities a boost. The FTSE 100 index ended up 35.85 points, 0.4%, at 8,320.76. The FTSE 250 closed up 230.12 points, 1.1%, at 21,240.56, and the AIM All-Share added 4.00 points, 0.5%, at 745.65. For the week, the FTSE 100 rose 1.1%, the FTSE 250 added 2.0%. The AIM was unmoved from this time last week...
S&P 500 hits new record as Micron feeds chip demand, Costco under widespread discounter strain | Wall Street Week featured picture

S&P 500 hits new record as Micron feeds chip demand, Costco under widespread discounter strain | Wall Street Week

It's another strong end to a firm week for US markets with the S&P 500 hitting a new record following the release of upbeat US economic data. The Cassandra's have been talking down the US economy for a while, but a slate of fresh data supported a solid economy, easing fears that perhaps the Federal Reserve is cutting rates aggressively because of a potential slowdown. The S&P 500 closed at a re...
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