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Lindt Dips, ADP Down, Julius Baer Up
Published 2 days, 12 hours ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lindt plans to lower prices for its chocolate products after it pared back its sales-growth guidance for a second time this year, citing subdued consumer confidence.
- Shares in ADP fall as much as 4% after reports that the operators of French airports and highways could be hit by a potential tax increase on transport infrastructure in France's 2027 budget.
- Julius Baer Group Ltd. said it applied for permission to resume share buybacks after Swiss regulator Finma concluded its enforcement procedure, removing a long-standing overhang that has weighed on the wealth manager.
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