Walmart beats forecasts and raises guidance on market share gains

Shares in US retail giant Walmart (WMT) reacted positively to its latest trading update (15 November), climbing 7.5% to $149 pre-market for a year-to-date gain of...

Thu, 17/11/2022 - 00:00

magazine 17 Nov 2022

Submitted by Admin on Thu, 17/11/2022 - 00:00

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Find out why stock markets have picked up and read Shares’ six UK stock ideas.

In the news section: Bill Ackman’s outlook for 2023, retailers in focus as Black Friday sales expected to fall, and FTX collapse hurts shares in Microstrategy and Argo Blockchain.

You can also read about Tesla, Walmart, Warren Buffett’s latest investment and how to set up a will.

UK orders Chinese-owned firm to sell most of chip maker

The UK government on Wednesday ordered a Chinese-owned company to divest most of Britain's biggest semiconductor maker, in a move likely to antagonise Beijing.

Business...

Wed, 16/11/2022 - 22:01

TRADING UPDATES: Aterian appoints CFO; Marwyn Value gets tax refund

The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Cordiant Digital Infrastructure Ltd...

Wed, 16/11/2022 - 21:36

Flutter Entertainment says US arm can "transform" company's fortunes

Flutter Entertainment PLC talked up the strength of its US business at an investor day on Wednesday, as FanDuel continues to gain traction.

The...

Wed, 16/11/2022 - 21:00

UK RMT union members vote to continue taking industrial action

Railway workers in the UK have voted to continue taking industrial action in their long-running dispute over pay, jobs and conditions.

The Rail, Maritime &...

Wed, 16/11/2022 - 18:09

Mini-budget damaged UK's reputation, says BoE Governor Bailey

Former prime minister Liz Truss's mini-budget damaged the UK's reputation abroad, the governor of the Bank of England has told MPs.

Andrew Bailey said people...

Wed, 16/11/2022 - 18:07

Harland & Wolff's Team Resolute wins Navy shipbuilding contract

Harland & Wolff Group Holdings PLC on Wednesday said its consortium, Team Resolute, has won preferred bidder status on the £1.6 billion fleet solid support...

Wed, 16/11/2022 - 17:38

CORRECT: HydrogenOne Capital Growth affirms sustainability efforts

(Correcting where HydrogenOne Capital Growth PLC is based.)

HydrogenOne Capital Growth PLC said on Wednesday it is now classified as an Article 9 Fund under...

Wed, 16/11/2022 - 17:35

LONDON MARKET CLOSE: Retail leads declines as UK inflation rate surges

Another red-hot UK inflation report put retail shares under pressure on Wednesday, with Next and JD Sports among the worst London-listed blue-chip performers in a...

Wed, 16/11/2022 - 17:09

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