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Lindt Down, Vesuvius Soars, Julius Baer Gains
Published 2 days, 11 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 metallurgical engineering firm Vesuvius Plc surged by the most since 1990 after it announced a cash-and-shares offer from RHI Magnesita.
- 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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