Asylum housing provider Clearsprings’ profits jump on high demand

Bumper profits risk fuelling government concerns over large amounts paid to private companies to handle politically sensitive issue

World - Financial Times - November 1

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - October 30

Primark owner profits jump despite summer washout

It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.

UK looks at handing asylum seeker housing contracts back to local councils

Exploratory talks follow criticism of private outsourcing groups and concern about their high profits

Business - Financial Times - November 4

Britvic Profit Rises on Strong Demand, Brazil Performance

The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.

Business - The Wall Street Journal - 4 days ago

Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings

Peter Thiel’s data analytics company raises its revenue forecast as growth accelerates

Business - Financial Times - November 4

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Business - CNBC - October 29

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Sony raises guidance on gaming strength, quarterly operating profit beats estimates

Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.

Business - CNBC - November 8

Sony's Profit Jumps on Strength in Game, Image-Sensor Businesses

The Japanese company raised its annual revenue forecast after delivering a second-quarter profit beat.

Business - The Wall Street Journal - November 8

Sage shares surge 19% as UK software group launches buyback

Financial software provider announces plan for £400mn share buyback and raises dividend

World - Financial Times - 4 days ago

Nintendo reports lower profits as demand drops for its aging Switch console

Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...

Entertainment - ABC News - November 5

Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes

The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.

Business - The Wall Street Journal - November 14

Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.

Business - MarketWatch - November 15

UK made bad decisions in buying ex-prison to house asylum seekers, says report

Tory government rushed the purchase, paying more than double what the previous owner spent, watchdog finds

World - Financial Times - November 15

Builder-confidence index jumps to 7-month high after Trump win

Builder sentiment increased to the highest level since April, the National Association of Home Builders said.

Business - MarketWatch - 6 days ago

Investors’ ‘fear of missing out’ drives gold demand to record high

Buyers clamour for gold-backed ETFs as central banks scale back purchases of the precious metal

Business - Financial Times - October 30

Eagle feathers play a sacred role in powwows. Poachers are exploiting the high demand

BILLINGS, Mont. — America’s golden eagles face a rising threat from a black market for their feathers used in Native American powwows and other ceremonies, according to wildlife officials, ...

Hershey’s stock dips as high cocoa prices eat into profit

The chocolate maker’s stock dropped after its adjusted earnings missed analyst estimates.

Business - MarketWatch - November 7

Delta expects higher profits thanks to high-end travel and 'resilient economy'

Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.

Business - CNBC - 4 days ago

House prices at record high, says Halifax

Despite the increase, the lender warns mortgage costs could remain "higher for longer" following the Budget.

U.S. dollar jumps as Donald Trump recaptures the White House

The U.S. currency's gains extended as former President Donald Trump defeated Vice President Kamala Harris in the U.S. presidential election.

Business - CNBC - November 6

Durbin demands House ethics panel share Gaetz report with Senate panel

Illinois Sen. Dick Durbin (D), chair of the Senate Judiciary Committee, urged the House Ethics Committee to "preserve and share" its report on former Rep. Matt Gaetz after President-elect Trump ...

Politics - The Hill - November 14

Alibaba posts profit beat as China looks to prop up tepid consumer spend

The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.

Business - CNBC - November 15

Pending home sales jump to six-month high as lower mortgage rates draw buyers in

U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.

Business - MarketWatch - October 30

Bitcoin surges 10% to a record above $76,000 as Trump victory heralds wider crypto adoption and weaker regulation

Crypto assets rose as investors bet that a second Trump administration will widen fiscal deficits and boost bitcoin as a hedge against higher inflation.

Business - CNBC - November 6

Morgan Stanley finally turns bullish on U.S. stocks as it says the S&P 500 could jump as high as 7,400

Better late than never? Morgan Stanley says it’s now overweight U.S. stocks.

Business - MarketWatch - 6 days ago

Chewy’s stock jumps toward fresh highs after BofA’s U-turn to a bullish call

Chewy shares charged up to fresh highs for the year on Wednesday, as BofA Securities reversed course to be the most bullish on Wall Street toward the online pet-products retailer, after being the ...

Business - MarketWatch - 4 days ago

UK house prices hit record high in October, says Halifax

Typical property now costs £293,999, surpassing previous peak set in June 2022

World - Financial Times - November 7

Tens of thousands of Spaniards protest housing crunch and high rents in Barcelona

Tens of thousands of Spaniards are marching in downtown Barcelona to protest the skyrocketing cost of renting an apartment in the popular tourist destination

World - ABC News - Yesterday

Tesla jumps nearly 15% as Trump-backer Musk seen benefiting from White House win

Shares of Tesla surged on Wednesday after NBC News projected Donald Trump to win the election and investors bet a victory would benefit CEO Elon Musk.

Business - CNBC - November 6

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