Takeover tilt by Italian rival expectedBurberry results due 14 NovemberAnalysts expect lurch into lossFirmly out of fashion with investors this year amid a slowdown in luxury goods demand, shares in Burberry (BRBY) rallied 2% to 822p on 11 November as excitement surrounding a bid from Italian outerwear rival Moncler (MONC:BIT) continued to build.According to correspondence viewed by The Mail on Su

Stocks in London ended mixed on Wednesday, but the FTSE 100 held on to finish in the green, despite oil prices tailing off and trade in mainland Europe being slightly less convincing.The FTSE 100 index ended up 14.21 points, 0.2%, at 8,290.86. The FTSE 250 closed 130.92 points lower, 0.6%, at 20,783.78, and the AIM All-Share shed 2.50 points, 0.3%, at 734.30.The Cboe UK 100 ended 0.1% higher at 82

Shares in Nike (NKE:NYSE) surged on Wall Street after the world's biggest sportswear company announced (19 September) that Elliott Hill was coming out of retirement to take over as chief executive amidst slowing revenue growth, intense competition from Adidas (ADS:ETR), On Running and Hoka and concerns about the success of its pivot to direct-to-consumer sales. First quarter results on 1 October w

John Donahoe to step downNew CEO Hill has successful track recordNo quick fix for Nike's problemsNike's (NKE:NYSE) shares surged 6.8% higher to $86.5 in after-hours trading on Wall Street after the company announced that veteran Elliott Hill is coming out of retirement to take the reins as chief executive officer. You can see why the mood has been lifted. John Donahoe, who has been in the hot seat

Diageo(DGE) £25.12Market cap: £55.9 billionInvestors seeking a high-quality consumer staple that is currently on sale should consider buying Diageo (DGE), the world's largest premium spirits company which is growing its market share around the globe. Shares in the premium drinks maker behind iconic brands Johnnie Walker whisky, Smirnoff vodka and Guinness stout are down 20% over one year. This r

Sales remain weakTopshop and Topman brands sold to Bestseller£150 million reduction in debtOnline fast-fashion retailer ASOS (ASC) has sold a majority stake in the iconic Topshop and Topman brands for £135 million to Heartland, an investment vehicle of the Holch Povlsen family and their Bestseller business, ASOS' biggest shareholder with a 28% stake.ASOS shares rallied almost 15% to 417.4p as th

CEO unexpectedly steps downPre-tax profits plunge in H1Strategic review ongoingShares in Chapel Down (CDGP:AIM) cheapened 16% to 58.5p after England's largest winemaker uncorked a first half profits plunge and said CEO Andrew Carter is leaving to take up a new role at Timothy Taylor & Co.Drinks industry veteran Carter's exit is a bitter blow to Chapel Down.During his three year stint as CEO, he ov

Schneider pays price for lacklustre performanceNestle forced to slow price increasesNo quick fix for FreixeShares in Nestle (NESN:SWX) cheapened 2.5% to CHF 87.3 on Friday as investors digested news of the abrupt departure of Mark Schneider, who is being replaced as CEO of the world's biggest packaged food company by Laurent Freixe following eight years in the hot seat.The Swiss multinational enjo

It was a week of ups and downs for the US market as investors awaited Federal Reserve chair Jerome Powell's address to the Jackson Hole Symposium on 23 August.<img src="https://datawrapper.dwcdn.net/O7wOm/full.png" alt="" data-mce-fragment="1" data-mce-src="https://datawrapper.dwcdn.net/O7wOm/full.png"><span id="mce_marker" data-mce-type="bookmark" data

Starbucks soars on Mr Fixit appointmentWalmart impressesVictoria's not so secret new CEOWorries about a widespread US bear market or recession have proved short-lived and tech stocks have been the real winners over the past week on Wall Street with investors piling back in to names they know and trust. Think Nvidia (NVDA:NASDAQ), Micron Technology (MU:NASDAQ), Broadcom (AVGO:NASDAQ), who have led

There is a phrase in business ? 'shrink to greatness' ? meaning companies selling or demerging assets and focusing on what they do best.You might call it streamlining, others might say it is an admission that the previous strategy did not work and the company was too bloated.This trend is firmly in motion across the UK stock market with nine companies in the FTSE 100 either in the middle of shrink

Investors can expect some earnings fizz and potentially a round of upgrades when Coca-Cola HBC (CCH) serves up first half results on 7 August.The positive setup heading into the print for the consumer packaged goods group, a strategic bottling partner of The Coca-Cola Company (KO:NYSE), follows forecast-beating second quarter earnings (23 July) and raised guidance from the latter, which controls C

Bob Iger was summoned out of retirement in 2022 to get iconic media company Walt Disney (DIS:NYSE) whirring again, but there is still much for the chief executive to do to turn round the fortunes of the 'House of Mouse'.Cost-cutting progress, streaming business subscriptions and the outlook for the important Parks business will all be scrutinised when Disney delivers third-quarter results on 7 Aug

Porsche AG (P911:ETR) €69.98Market cap: €31.3 billionAt first glance it may look like an odd time to pitch Porsche AG (P911:ETR) to readers, but we have seen many times that fundamentally good companies can be picked up on the relative cheap during testing times, and that's the scenario we now believe is in front of investors.The shares trade under the name of Dr ING F Porsche AG, which

Warning of potential first-half lossFY25 dividends suspendedNew chief executive appointedLuxury group Burberry (BRBY) posted another disappointing trading update, saying the market weakness it had experienced in the fourth quarter of its financial year to the end of March had continued into July meaning it needed to take drastic action to deliver a second-half improvement.As well as suspending its

Keurig Dr Pepper (KDP:NASDAQ) $34.60Market cap: $46.9 billionInvestors seeking to pep up portfolios with a quality consumer staple selling at a discount to peers should consider Keurig Dr Pepper (KDP:NASDAQ), the North American beverages pure-play whose attractions include a diverse brand portfolio, pricing power and the cash generation to support progressive dividends and share buybacks.Shares be

Staying on top of fundamental developments for companies in your portfolio can seem like a daunting task. Share prices can be volatile around earnings reports and trading updates, so getting to grips with what has happened and why is an important part of successfully managing investments.This feature reveals three simple steps to demystifying a typical earnings report and getting a good steer on w

Full year profits plunge2025 year of transitionCost savings of £20 million to £25 millionInvestors in Dr. Martens (DOCS) have endured a torrid time since the iconic footwear firm's 2021 IPO (initial public offering), with the shares booted around 80% lower following a slew of profit warnings.Results for the year ended 31 March 2024 revealed another drop in profits after a challenging year, mostl

Stock prices in London were virtually unmoved Thursday morning, as investors carefully eye a flurry of US economic data.Amongst individual stocks, Auto Trader was the morning's star performer, after it posted higher annual revenue and profit. Bootmaker Dr Martens shares got a boost, too, despite warning of a gloomy outlook.The FTSE 100 index opened up 0.35 of a point at 8,183.42. The FTSE 250 was

Luxury demand slowdown weighsH1 to remain ?challenging?Wholesale revenue seen 25% lowerSlowing demand for luxury goods continues to impact Burberry (BRBY), whose shares remain firmly out of fashion with investors and cheapened 2.8% to £11.55 on the release of downbeat full-year results.And with the share price having more than halved over the past 12 months, Burberry is now ?a screaming takeover