FTSE 100 almost flat, US stocks lower as earnings season draws to a close
The FTSE 100 was almost flat and markets across the US were lower on Friday, as traders digest fresh data about the UK's ...
Canada December retail sales up 2.5% on food, autos; seen down 0.4% in January
Canadian retail sales grew by 2.5% in December from November at C$69.59 billion ($49.05 billion), led by increased sales at ...
Inghams Earnings: Results In-Line Amid Expanding Customer Base
Our fair value estimate for Inghams is AUD 3.70 per share. This implies a fiscal 2024 enterprise value/EBITDA of 4, a P/E ratio of 12, and fully franked dividend yield of 6%. Our DCF valuation assumes ...
We See Signs of Recovery Across Australian Retailing
In contrast to many of its brick-and-mortar retailing peers, we think Accent can keep rolling out stores at an above-population-growth pace over the medium term. Although Accents ...
Walmart stock tumbles after the retailer lowers its sales outlook: "We are in an uncertain time"
Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic ...
FTSE 100 Live 21 February: Firms shed jobs at fastest rate since 2020, four banks fined £100m
The S&P Global Flash UK PMI revealed the steepest fall in private sector employment since November 2020. The wage pressures ...
Cyprus Mail1d
UK consumers defy weak outlook to ramp up their spending
British retail sales rose in January for the first time since August and by much more than expected, according to official data that suggested consumers were happy to spend despite a weak outlook for ...
Surprise boost for shops as sales growth exceeds expectations with biggest rise in 5 years for food
January had the first growth in retail sales after four months of falls, a sign of a strengthening economy. Shops were given ...
Walmart issues ominous warning about US economy in 2025... sending Wall Street into a spin
Walmart - America's biggest retailer and a key economic bellwether - today issued a gloomy outlook for 2025, and Wall Street ...
Walmart’s Cautious Earnings Forecast Raises Economic Concerns
Walmart's recent announcement of a conservative earnings forecast has sent ripples through financial markets, affecting investor confidence and consumer sentiment. The retail giant reported a 4.1% ...
Walmart's (WMT) Cautious Guidance Signals Slowing US Consumer Demand
Walmart's guidance for fiscal 2026 falls short of Wall Street expectations amid consumer spending concerns. Adjusted EPS forecasts are in the range of $2.50 to $2.60 versus an expected $2.76. Annual ...
Walmart Stock Slides After Earnings—Walton Family Loses Billions
Walmart stock fell more than 6.5% after the company delivered its fourth-quarter earnings report earlier Thursday. The stock ...