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Tag Archives: Economy

FTSE 100 Live 19 November: UK retail sales, consumer confidence figures, household spending, UK inflation, Alibaba shares, China shopping, Kingfisher update

Austria lockdown weakens travel stocks, FTSE 100 lower More strong sales figures from B&Q failed to stop shares in owner Kingfisher sliding today amid City fears that weary DIYers are planning a home improvement breather. The group, which also owns Screwfix, believes “enduring” industry trends created by the pandemic, such …

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Walmart, Hormel Foods, Marriott, others

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …

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Banking regulator says pandemic uncertainty means now is not the time to consider higher dividends, share buybacks

Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …

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