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AssociatedBritishFoods

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Reuters - 1 minggu yang lalu

Zara owner Inditex sees early autumn sales perk up after summer slowdown

UPDATE 3-Zara owner Inditex sees early autumn sales perk up after summer slowdown Company reports 10% rise in first-half profit Shares outperform with rise of 4% on results Wet, cold weather in early summer hampered sales August, Sept. sales up 11% so far, outpacing 7.2% in first half Recasts lead; adds shares paragraph 2, CEO paragraphs 6,8,9 analysts' quotes, detail throughout By Corina Pons MADRID, Sept 11 (Reuters) - Zara owner Inditex ITX.MC reported a jump in sales of its autumn/winter col
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Reuters - 1 minggu yang lalu

Inditex sales growth forecasts dampened by rain in Spain

Inditex sales growth forecasts dampened by rain in Spain Bad weather hits Inditex's June sales in Spain Inditex's sales growth likely improved in July -analysts Q2 sales expected to rise 7% -LSEG analyst poll Analysts expect first-half profit to rise 10% By Corina Pons MADRID, Sept 10 (Reuters) - Expectations of bumper second quarter sales growth at Zara owner Inditex ITX.MC have been dashed by a wet and cold June in its biggest market of Spain, analysts and investors said ahead of earnings due
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Reuters - 2 minggu yang lalu

Antofagasta, Colonial, and Hill & Smith

EUROPE RESEARCH ROUNDUP-Antofagasta, Colonial, and Hill & Smith Sept 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Antofagasta, Colonial and Hill & Smith, on Friday. HIGHLIGHTS * Antofagasta ANTO.L : Barclays cuts target price to 1,600p from 1,660p * Colonial COL.MC : Jefferies raises to buy from hold * Hill & Smith HILS.L : Berenberg raises target price to 2,500p from 2,350p * Melrose Industries MRON.L : Morgan Stanley initiat
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Reuters - 2 minggu yang lalu

FTSE 100 slides for fifth session as pharma shares drop

UPDATE 1-FTSE 100 slides for fifth session as pharma shares drop For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.3%, FTSE 250 down 0.2% UK construction growth slows despite housing drive ASOS soars as it sees core profit at top end of expectations Pharma shares mark biggest one-day fall in near seven months Updated at 1547 GMT By Khushi Singh Sept 5 (Reuters) - Britain's benchmark FTSE 100 stock index ended lower on Thurs
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Reuters - 2 minggu yang lalu

Buybacks to the rescue

LIVE MARKETS-Buybacks to the rescue STOXX 600 down 0.1% Utilities, real estate lead Nasdaq futures edge lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BUYBACKS TO THE RESCUE Barclays has looked into how corporate stock buying has played out in shaping the roller-coaster moves of last month and found buybacks have likely provided impulse to the rebound in European stocks.
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Reuters - 2 minggu yang lalu

European shares slip on growth jitters; French stocks lead decline

UPDATE 2-European shares slip on growth jitters; French stocks lead decline Michel Barnier named French prime minister Part of Airbus A350 fleet faces inspection, regulator says China growth concerns weigh on luxury stocks Vistry rises on buyback, higher HY profit STOXX 600 down 0.5% Updated at 1620 GMT By Shubham Batra and Lisa Pauline Mattackal Sept 5 (Reuters) - European stocks fell on Thursday as mixed economic data spurred worries about global growth and offset gains in interest rate-sensit
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Reuters - 2 minggu yang lalu

Wet weather hit Primark's UK summer sales, owner AB Foods said

Wet weather hit Primark's UK summer sales, owner AB Foods said LONDON, Sept 5 (Reuters) - Wet weather in Britain hit fashion business Primark's summer sales, but better performance elsewhere kept operating profits steady, owner Associated British Foods ABF.L said on Thursday. Shares in the group opened 4% lower on Thursday. Primark, which has stores across Europe and in the United States, said underlying sales would fall by 2% in Britain in the six months to mid-September due to "challenging wea
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Reuters - 2 minggu yang lalu

UK's AB Foods top loser on FTSE 100 on muted H2 forecast for Primark sales

BUZZ-UK's AB Foods top loser on FTSE 100 on muted H2 forecast for Primark sales ** Primark owner AB Foods ABF.L down 3.8% at 2,406p; stock top loser on London's bluechip index .FTSE ** Co expects Primark's like-for-like sales to decreases by 0.5% in H2 due to the unfavourable weather in the UK and Ireland which resulted in lower footfall, particula
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Reuters - 2 minggu yang lalu

AB Foods Expects FY Adjusted Operating Profit Margin Little Over 11.5%

BRIEF-AB Foods Expects FY Adjusted Operating Profit Margin Little Over 11.5% Sept 5 (Reuters) - Associated British Foods PLC ABF.L : ASSOC.BRITISH FOODS - TRADING UPDATE ASSOCIATED BRITISH FOODS PLC - PRIMARK REVENUE GROWTH EXPECTED TO BE AROUND 4% IN H2 ASSOCIATED BRITISH FOODS PLC - PRIMARK LIKE-FOR-LIKE SALES EXPECTED TO DECREASE BY 0.5% IN H2 A
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Reuters - 2 minggu yang lalu

Associated British Foods Appoints Loraine Woodhouse As Non-Exec Director

BRIEF-Associated British Foods Appoints Loraine Woodhouse As Non-Exec Director Sept 5 (Reuters) - Associated British Foods PLC ABF.L : ASSOC.BRITISH FOODS - DIRECTORATE CHANGE ASSOCIATED BRITISH FOODS PLC - APPOINTS LORAINE WOODHOUSE AS NON-EXECUTIVE DIRECTOR EFFECTIVE 1 OCTOBER 2024 Source text for Eikon: ID:nRSE9668Ca Further company coverage: AB
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Reuters - 3 minggu yang lalu

Travel, banking stocks lift European shares with data in focus

UPDATE 2-Travel, banking stocks lift European shares with data in focus STOXX 600 up 0.3% German economy shrank 0.1% in Q2 Banco Santander jumps on share buyback programme Airlines rise after Ryanair outlook Bunzl surges after raising annual profit forecast Updated at 1610 GMT By Pranav Kashyap and Lisa Pauline Mattackal Aug 27 (Reuters) - Gains in banking stocks and airlines lifted European shares on Tuesday, though trading remained cautious ahead of key economic data later this week.
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Reuters - 3 minggu yang lalu

UK's AB Foods falls after brokerage downgrade, target price cut

BUZZ-UK's AB Foods falls after brokerage downgrade, target price cut ** Shares in AB Foods ABF.L down 2.5% to 2451p, top pct loser in FTSE 100 .FTSE index ** Analysts at Deutsche Bank cut rating to "sell" from "hold", target price to 2190p from 2290p ** Analysts say factors driving FY24 earnings "reversing course" into FY25 ** Brokerage sees sugar
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Reuters - 3 minggu yang lalu

AB Foods, Bunzl, Barratt

EUROPE RESEARCH ROUNDUP- AB Foods, Bunzl, Barratt Aug 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AB Foods, Bunzl and Barratt on Tuesday. HIGHLIGHTS * AB Foods ABF.L : Deutsche Bank cuts to sell from hold * Bunzl BNZL.L : JP Morgan raises target price to 3,660p from 3,380p * Barratt BDEV.L : Morgan Stanley resumes coverage with equal-weight rating * Continental AG CONG.DE : UBS raises to buy from neutral * Schindler Holding
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Reuters - 4 minggu yang lalu

Admiral, UCB SA, Victrex

EUROPE RESEARCH ROUNDUP-Admiral, UCB SA, Victrex Aug 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Admiral, UCB SA and Victrex, on Wednesday. HIGHLIGHTS * Admiral ADML.L : RBC raises target price to 3,550p from 3,400p * Demant A/S DEMANT.CO : Morgan Stanley raises to overweight from underweight * UCB SA UCB.BR : JP Morgan raises to overweight from neutral * Victrex Plc VCTX.L : Jefferies raises to hold from underperform * Watki
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Reuters - 1 bulan yang lalu

Global apparel companies with exposure to key supplier Bangladesh

FACTBOX-Global apparel companies with exposure to key supplier Bangladesh Adds details on factories reopening, Primark Aug 7 (Reuters) - The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season. The country has been gripped by violence since July, forcing Prime Minister Sheikh Hasina to resign on Monday and flee the country after hundreds of people we
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Reuters - 1 bulan yang lalu

Ex-bankruptcy judge plays defense on pre-deposition talks, phone records

Ex-bankruptcy judge plays defense on pre-deposition talks, phone records By Dietrich Knauth Aug 5 (Reuters) - Former U.S. bankruptcy judge David Jones in Houston, who is under increasing pressure in a battle over attorneys' fees that he approved for his romantic partner's former law firm, has been summoned to court to explain his recent "off the record" discussions with the firm.
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Reuters - 2 bulan yang lalu

End of tax loophole risks dimming Shein's IPO appeal, investors say

ANALYSIS-End of tax loophole risks dimming Shein's IPO appeal, investors say By Helen Reid LONDON, July 26 (Reuters) - Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein's profitability and risk denting the fast fashion retailer's long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said.
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Reuters - 2 bulan yang lalu

Shoplifting surges 30% in England and Wales, official data shows

Shoplifting surges 30% in England and Wales, official data shows LONDON, July 24 (Reuters) - Shoplifting offences in England and Wales increased 30% in the year ending March 2024 to the highest level in 20 years, official data showed on Wednesday. The Office for National Statistics (ONS) said there were 443,995 shoplifting offences recorded by the police over the year, up from 342,428 in the year to March 2023. The figures continue the trend of persistent increases since the COVID-19 pandemic.
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Reuters - 3 bulan yang lalu

Hochtief, Telenor, Zalando SE

EUROPE RESEARCH ROUNDUP-Hochtief, Telenor, Zalando SE June 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hochtief AG, Telenor and Zalando SE, on Monday. HIGHLIGHTS * Associated British Foods ABF.L : HSBC raises target price to 3,075p from 3,010p * Berkeley Group Holdings Plc BKGH.L : Morgan Stanley cuts PT to 4,369p from 4,516p * Hochtief AG HOTG.DE : Jefferies raises target price to EUR 124 from EUR 109 * Telenor TEL.OL : HSB
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