Silicon Valley giant Intel (INTC:NASDAQ) is facing more upheaval after announcing the unexpected retirement of chief executive officer, Pat Gelsinger. Effective immediately, the decision marks a significant shakeup for the chip maker as it grapples with ongoing challenges and competitive pressures in the semiconductor industry.Gelsinger returned to Intel in February 2021, having previously been it

On track to open between 140 and 160 net new shopsFull year outcome unchanged from previous guidanceCompany-managed shop like-for-like sales up 5%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, t

With investors biding time until Friday's US Federal Reserve preferred inflation gauge, shares in London mostly fell on Thursday.Thursday also marks a week until the UK heads to the polls. Two opinion polls published in the past 24 hours see Labour taking the lead, with Conservatives taking second place and Reform coming in third.Amongst individual stocks, DS Smith shot up, but failed to take the

Stock prices in London fell on midday Tuesday, as investors digested the rising UK unemployment rate, a day before the next interest rate decision by the Fed in the US.The FTSE 100 index was down 61.69 points, 0.8%, at 8,166.79. The FTSE 250 was down 49.29 points, 0.2%, at 20,396.75, and the AIM All-Share was down 2.35 points, 0.3%, at 785.93.The Cboe UK 100 was down 0.7% at 814.50, the Cboe UK 25

Soft drinks business Britvic (BVIC) serves up full-year results on 22 November, when investors will be thirsty to learn how volumes are holding up at the Fruit Shoot, Robinsons and Tango maker which also produces and sells brands including Pepsi and 7UP in Great Britain and Ireland under exclusive agreements with PepsiCo (PEP:NASDAQ).Price hikes and volume growth helped Britvic's revenues to bubbl

European equities were lower heading into Monday afternoon, though the FTSE 100 was down only marginally, as investors consider where to go from here after a softer US jobs report aided risk sentiment towards the back end of last week.The data put some wind in the pound's sails, and currency trade was where the fireworks were on Monday afternoon. Sterling topped $1.24, while the euro might have $1

European markets were making little headway at Monday's market open, as investors paused to consider last week's economic data and central bank decisions.The FTSE 100 index opened up 5.22 points, 0.1%, at 7,422.95. The FTSE 250 was down 56.31 points, 0.3%, at 17,927.53 and the AIM All-Share was up 0.92 of a point, 0.1%, at 698.17.The Cboe UK 100 was up 0.2% at 740.61, the Cboe UK 250 was down 0.2%

This article identifies the regions and sectors from across the globe which have produced the best returns over the last 10 years, as well as uncovering how consistent those returns have been.Consistency is important because the more prices move up and down the greater the impact on overall performance.One example illustrates the point. An index which loses 50% in any year needs to double to get b

9% increase in net revenue to $408 millionReiterates guidance for the full year 2023Organic revenue up 11.4%Investors reacted badly to Krispy Kreme's (DNUT:NASDAQ) second quarter results in after-hours trading pushing the share price down nearly 14% to around the $12 mark.The doughnut wholesaler and retailer reported a 9% increase in net revenue $408 million for the second quarter ending 2 July 20

The UK banks' first-half reporting season kicks off with Lloyds (LLOY) on 26 July.The industry has been under fire for being much slower to pass on the benefit of higher rates to savers than it has been to pass on higher borrowing costs to mortgage-holders and other borrowers.The Financial Conduct Authority called in the boss of Lloyds as well as several other banks and building societies to press

Fast-food giant McDonald's (MCD:NYSE) beat analysts' expectations on 25 April after successfully shrugging off a challenging economic environment and rising costs.The share price reaction to the quarterly results was modest, reflecting the fact the shares have already had a good run this year.Its shares are trading 11% higher year-to-date against a 7% gain for the S&P 500 and are making record hig

- Shares hit new all-time high ahead of Q4 earnings- EPS and revenues expected to fall around 1% - Continued sales momentum and fewer headwinds Fast food giant McDonald's (MCD:NYSE) is due to report fourth-quarter results before the US market opens tomorrow (25 April) with earnings per share expected to increase 1% year-on-year to $2.34 on revenues down 1.4% to $5.59 billion according to Refinitiv

Analysts on Tuesday were weighing the signs of weakness and resilience in the latest UK labour market data, as the economy continues to outperform last year's doomsday projections.According to the Office for National Statistics, the UK jobless rate was 3.8% in the three months to February. This was higher than FXStreet-cited market consensus, which had expected the reading to remain unchanged from

Whenever there is a poll of the greatest books on the stock market, it is a fair bet that Reminiscences of a Stock Operator by Edwin Lefèvre will feature high on the list.In its centenary year, Shares asks whether the book deserves its reputation and if it offers any useful lessons for investors today.The 'Reminiscences' are the first-hand accounts of a fictional trader called Larry Livings

- Operational update well received by investors- Portfolio built to withstand 'higher for longer' interest rates- Market needs to focus on earnings not valuationsShareholders gave a thumbs-up to the latest operational update from Land Securities (LAND), one of the UK's leading real estate companies with a £10.9 billion property portfolio.The shares gained 10p or 1.7% to 586p, stemming eight weeks

Despite obvious concerns about a depressed consumer, eye wateringly high energy bills and increased labour costs there are more than a few verdant green shoots springing up on UK high streets and retail parks. A whole host of names, household and less well-known, have announced expansion plans as some businesses continue their post-Covid rebound.From Starbucks (SBUX:NASDAQ), Greggs (GRG) and Marks

Stock prices in London closed the week firmly in red, despite some positive local data, following a series of interest rate hikes throughout the week.The FTSE 100 index closed down 94.05 points, or 1.3%, at 7,332.12 on Friday. The FTSE 250 was down 305.31 points, or 1.6%, at 18,588.48, and the AIM All-Share was down 5.98 points, or 0.7%, at 822.47.The Cboe UK 100 closed down 1.2% at 733.57, the Cb

Loungers (LGRS:AIM) 194.4pLoss to date: 30%We originally said to buy all-day cafe operator Loungers (LGRS:AIM) at 278.5p on 23 December 2021 as an attractive growth story, and one where its proposition fitted nicely with the rise of hybrid working where people would spend more time in their local community.WHAT'S HAPPENED SINCE WE SAID TO BUY?The shares have suffered from the broader sell-off in e

When AMC Entertainment (AMC:NYSE) reported second quarter earnings a few weeks back (4 August) it's better-than-expected revenues and lower losses were not the only surprise for investors. Chief executive Adam Aron also unveiled plans to issue new preferred stock. This may have left many ordinary shareholders baffled.What is preferred stock, who gets them, and what the wider implications for the A

The US stock market started the week on the back foot, continuing last week's sell-off before stabilising in mid-week.Oil prices lifted energy stocks after commercial crude inventories saw a bigger drawdown than expected for the second week running.Meanwhile, new orders for durable goods flatlined in July against expectations of a small increase and pending home sales showed a drop of 20%, suggest