PM update: Three blows...Carpetright shares crash, Dignity shares crash, UK consumer confidence crashes
Several chunks of foul-smelling retail news dominated trading sentiment today
Troubled social media firm Snap has laid off staff in a bid to cut costs, according to reports. Snap has laid off around 24 people, mostly in its content team, which is being centralised at the company California HQ.
Tesla has ramped up the marketing efforts for its new Model 3 car in a sign the group is feeling increasingly confident it can imminently raise production levels. Competition, however, is also intensifying.
Morgan Stanley shares ended 0.89% higher in Thursday´s New York trading session after the group beat fourth-quarter earnings and revenue expectations.
Banks were broadly lower on the FTSE 100 on Friday as investors sifted through the available details on the sector's exposure to the demise of outsourcing group Carillion
Friday trading saw continued investor optimism with the Asia Dow up +0.63%
Thursday's lull in trading came after record highs yesterday. Pull backs in utilities, financials and healthcare outweighed gains in technology and consumer discretionary.
The near-death threat to Airbus’ A380 appears to be over, at least for a while.
Hermes Investment Management says investors have been wary of investing in US financial stocks since the global financial crisis, but this is about to change as opportunity beckons in the sector