Top Stories
US inflation print "a little misleading", but good news to be found
(Alliance News) - While markets were celebrating a cooler-than-expected US inflation print on Thursday, analysts were digging into the details beyond the headline figure. ...
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WH Smith a "different beast" than known of old amid global focus
(Alliance News) - WH Smith PLC on Thursday boasted a significant surge in annual revenue as its travel arm benefitted from a strong post-pandemic recovery....
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Centrica ups outlook and plots buyback but may be mindful of bad debt
(Alliance News) - British Gas has suffered hits from inflation and mild October weather, though its blue-chip owner Centrica PLC was undeterred, lifting annual guidance on Thursday. ...
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Meta Platforms lays off 11,000 jobs globally as revenue takes hit
(Alliance News) - Meta Platforms on Wednesday confirmed it plans to cut more than 11,000 jobs globally as part of a major restructuring of the tech giant, as ad revenue...
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Gym Group warns of rising costs as pandemic recovery slows
(Alliance News) - Gym Group PLC shares fell sharply on Wednesday as it warned of rising costs....
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Watches of Switzerland seeing "little impact" from cost-of-living woe
(Alliance News) - There were barely any signs of a cost of living hit for Watches of Switzerland Group PLC, with the market for luxury jewellery withstanding inflationary pressure. ...
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Activision Blizzard to "return to growth", as EU probes takeover deal
(Alliance News) - Activision Blizzard Inc is "positioned for a return to growth" according to UBS, following Monday's better-than-expected third-quarter results, but that is contingent upon its takeover by...
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Persimmon's cut to dividends a wise move in a slowing housing market
(Alliance News) - Persimmon's rethink on dividends might not have curried any favour with investors, but it seems "sensible" to AJ Bell's Russ Mould, and its peers could follow suit....
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Associated British Foods says inflation raises costs by GBP1 billion
(Alliance News) - Associated British Foods PLC on Tuesday said sales at its Primark store chain are now back to their pre-pandemic level, but cost inflation has eaten away GBP1...
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Kingspan Group trading in line, but "margins somewhat light" - UBS
(Alliance News) - Kingspan Group PLC's trading update on Monday was a "slight miss", but there were some "rays of light" for a business with solid fundamentals, according to UBS....
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