Company Sales Growth
Sales growth at Burberry PLC (BRBY.LN) accelerated in the first quarter, spurred by its Spring/Summer collection and sales in Hong Kong and China where the group is outperforming its peers despite a broader pull back in the luxury sector. ICAP PLC (IAP.LN), said that the encouraging start to the financial…
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Tags: , Barratt Development, Burberry
Privatisation of Royal Mail to provoke a strike.
Union leaders have said the privatisation of Royal Mail would provoke a strike as they criticised plans by ministers to give 150,000 workers shares worth up to 2,000 pounds in the flotation of the company, The Times reported. Chinese exports and imports declined in June by 3.1% and 0.7% year-on-year,…
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The FTSE 100 is called to open 14 points lower at 6499. UK Gilt 10 Year Yield 2.43%.
U.S. stocks rose Tuesday, pushing the tech-heavy Nasdaq Composite briefly above its 10-year closing-high as earnings season got off to a decent start. The Dow Jones Industrial Average advanced 69 points, or 0.5%, to 15294 in midday trade, with Caterpillar and Cisco Systems leading gains. The Standard & Poor’s 500-stock…
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Tags: , Stock Market
