Episode Details
Back to Episodes
AB Foods Slides, Whitbread Rises, D’Ieteren Gains
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AB Foods shares fall as much as 10%, the most since January, after the Primark owner reduced its profit guidance for the Sugar and Grocery divisions. Primark numbers were broadly in line with expectations, while Barclays analysts say plans to offer home delivery are unlikely to move the needle given the lack of detail.
- Whitbread is put on a 90-day positive catalyst watch at Citi before the UK hospitality company’s first-half results on Oct. 15, with upside seen to consensus pretax numbers.
- D’Ieteren shares rise as much as 6.4%, the most in more than four months, after adjusted pretax profits rose in the first half as a weak performance in its Auto division was countered by stronger performances elsewhere, including at car-glass company Belron.
See omnystudio.com/listener for privacy information.