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Mitchells & Butlers gains after delivering strong full-year sales and profit growth featured picture

Mitchells & Butlers gains after delivering strong full-year sales and profit growth

Pub group Mitchells & Butlers (MAB) served up better than expected full-year sales and profit growth and said the business had made a strong start to the new financial year with like-for-like sales up 4% in the first seven weeks. Investors cautiously welcomed the results with the shares trading up 6.5p or 2.6% to 251p, reducing year-to-date losses to 1% compared with a 6% gain in the FTSE 250 m...
Dell’s ‘dumb’ computers leave hole in Q4 guidance as stock slumps despite record AI orders featured picture

Dell’s ‘dumb’ computers leave hole in Q4 guidance as stock slumps despite record AI orders

Texas-headquartered Dell Technologies (DELL:NYSE) is doing the right things, judging by latest earnings. Shares in the company lost 13% pre-market after issuing soft guidance for the fourth quarter despite Q3 earnings beating expectations. Dell is a major player in computing infrastructure and is rapidly churning out advanced servers for AI users, including Elon Musk's xAI. AI server orders hit...
London markets creep up as Trump ‘America first’ talk keeps optimsm in check featured picture

London markets creep up as Trump ‘America first’ talk keeps optimsm in check

Stock prices in London beat their counterparts in Paris and Frankfurt on Wednesday morning, edging slightly higher, despite a weaker oil price hitting Shell and BP. Shell lost 0.4% and BP 0.2% on Middle East ceasefire hope. The FTSE 100 index added 11.44 points, 0.1%, at 8,270.05. The FTSE 250 rose 36.35 points, 0.2%, at 20,605.00, and the AIM All-Share added 2.55 points, 0.4%, at 733.14. The C...
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