Sector
Retail & consumer
1694 stories · page 65 of 85
FTSE 100 slides into negative territory at the close despite GSK rally
At the close, the UK's blue chip index had reversed course to finish in negative territory at 7,489 points for a loss of 0.4%
The Morning Report: Jitters ahead of Fed speech; crypto scams rise; gold industry social and economic impact
In 2021, World Gold Council member companies directly contributed a total of US$57.1 billion to host economies.
Nexe Innovations sees continuing progress on transitioning to vertically integrated manufacturing process
Ash Guglani, the company's president, said: "The 54,000 square feet Windsor facility is on track to be operational by year-end and we are receiving a lot of employment interest and excitement from the local community"
THG sees Q3 'comfortably below expectations' with analysts sceptical Q4 can close the guidance gap
Analysts at broker Liberum Capital struggle to see upside for THG with risks to guidance, the outlook for next year clouded, and the group back in debt
THG keeps targets despite growth slowing in third quarter
Sales growth slowed amid a strategy to lower prices less than competitors in order to grow market share
FIVE at FIVE AU: ASX falls on job numbers; Tesla’s earnings and lithium stocks; Medibank back in trading halt after cyber hack
Here’s Proactive Australia's round-up of the top financial stories of the day, with helpful links taking you directly to the news.
THG: how likely is an MBO deal after cut-price share purchase for founder?
"Don’t forget he used to be an investment banker so he’ll have a financial strategy," said one M&A specialist
THG shares jump with MBO speculation growing as Qatar buys Softbank's stake
The Qatar Investment Authority’s purchase was 92% cheaper than when it was a cornerstone investor of THG's initial public offering in September 2020
ICO fines Easylife £1.5mln for using personal information to sell targeted healthcare products
The company was also fined for making over 1.3mln predatory marketing calls that made people feel angry, anxious, threatened and distressed
Victorian Plumbing delivers upbeat trading news
The company said trading was ahead of expectations with second-half revenues up 5%
NEXE Innovations focused on growing its customer base after cementing its operational footprint in fiscal 2022
NEXE Innovations finished the 2022 financial year with working capital of C$31.7 million, with C$28.5 million in cash and guaranteed investment contracts which the company said would help it execute its strategy over the next 12 to 18 month
Retail sales on slide again says CBI
This was the lowest reading since April, with October’s figure expected to be minus 13%