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Analysts impressed as AB Foods confirms outlook amid consumer turmoil
(Alliance News) - Associated British Foods PLC, the owner of discount fashion store chain Primark, reiterated its annual outlook on Friday despite recently reporting significant input cost inflation....
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Frasers sees interim profit jump thanks to its "expanding empire"
(Alliance News) - Aided by acquisitions, Frasers Group PLC reported a double-digit rise in interim revenue on Thursday....
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Gold performance under mild recession stable with upside, say analysts
(Alliance News) - The interplay between inflation and central bank intervention will be key to gold's ongoing performance, though not necessarily detrimental, analysts at GoldHub said on Thursday....
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British American Tobacco enjoying "day in the sun" in volatile market
(Alliance News) - While British American Tobacco PLC's shares dipped on Thursday, analysts maintain the stock is still a strong performer, as the firm doubles down on its push into...
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Mitchells & Butlers post-pandemic recovery threatened by rising costs
(Alliance News) - Pub, bar and restaurant operator Mitchells & Butlers PLC announced it had returned to profit on Wednesday, but analysts cautioned that rising costs may stymie the company's...
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Moonpig downgrades guidance on higher costs and lower demand
(Alliance News) - Moonpig Group PLC on Wednesday joined other struggling online retailers as it saw interim profit slashed in half amid "dampened investor appetite" and "squeezed household budgets"....
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Eurozone economy not out of the woods yet, despite strong GDP print
(Alliance News) - A raft of eurozone data on Wednesday confirmed the eurozone has not yet fallen into recession, but tough times lie ahead, according to Oxford Economics. ...
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Meta Platforms shares tumble on latest regulatory woe
(Alliance News) - Meta Platforms Inc shares slumped on Tuesday as investors were given a grim reminder of the regulatory scrutiny faced by the Facebook and Instagram owner. ...
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Persimmon, Next ones to watch, while China stocks set for better 2023
(Alliance News) - Housebuilder Persimmon PLC, retailer Next PLC and Rolex watch seller Watches of Switzerland Group PLC are among RBC Brewin Dolphin's stocks to watch next year. ...
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Upper Crust-owner SSP survived lockdowns but now faces rail strikes
(Alliance News) - SSP Group PLC, which sells takeaway food to travellers, on Tuesday revealed a remarkable bounce-back from the near-death experience of the Covid-19 pandemic, but now faces the...
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