January 2025 – Page 15 – Best Day Investing

B&M cuts profit outlook, shares sink

Investing.com — Shares of B&M European Value Retail (LON:BMEB) plummeted over 12% on Thursday after the variety store chain lowered its profit guidance for the fiscal year 2025. The company…

January 9, 2025

Stock

Greggs shares drop over 10% as growth slows amid weak consumer confidence

Investing.com — Greggs (LON:GRG) on Thursday saw its shares tumble by more than 10% following its trading update that reported slowing growth in like-for-like sales and cautious forward guidance. The…

January 9, 2025

Stock

M&S sees strong Christmas food sales, clothing growth modest

Investing.com — Marks & Spencer (LON:MKS) has reported strong results during the Christmas trading period, signaling continued momentum in its revival efforts. The retailer posted an 8.7% increase in food…

January 9, 2025

Stock

Aerospace firms gird for protectionism under Trump, Airbus CEO says

By Tim Hepher PARIS (Reuters) -European aerospace companies are bracing for “very strong” protectionism in the United States under the administration of President-elect Donald Trump, the head of planemaker Airbus…

January 9, 2025

Stock

Tesco sees strong Christmas sales, maintains guidance

Investing.com — Tesco (OTC:TSCDY) on Thursday delivered strong results in its Q3 and Christmas trading update, especially in its core UK grocery business and sustained growth across key markets. However,…

January 9, 2025

Stock

Climate change shows ‘claws’ with rising costs for disasters, Munich Re says

By Alexander Hübner and Tom Sims MUNICH (Reuters) – Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from 2023 and…

January 9, 2025

Stock

Indonesia stocks lower at close of trade; IDX Composite Index down 0.07%

Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower. At the close in Jakarta, the IDX…

January 9, 2025

Stock

RBC downgrades Swatch to ‘underperform,’ cites structural and cyclical challenges

Investing.com — RBC Capital Markets in a note dated Thursday has downgraded Swatch Group (SIX:UHR) to an “underperform” rating, citing structural and cyclical challenges that could hinder the company’s performance…

January 9, 2025

Economy

Fed minutes point to slower pace of rate cuts ahead – Goldman Sachs

Investing.com – Minutes from the Federal Reserve’s latest meeting indicated that policymakers will adopt a slower pace of interest rate cuts ahead, according to analysts at Goldman Sachs. President-elect Donald Trump’s…

January 9, 2025

Economy

PIMCO says it still likes UK gilts, chances of fiscal contraction growing

By Harry Robertson LONDON (Reuters) – PIMCO, one of the world’s largest bond investors, said it is still positive about UK government bonds amid a steep market-sell off, adding that…

January 9, 2025