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2023-01-19T17:16:53+0000
Cost
Facebook owner Meta sees shares up 25% after cost cuts and buyback
Meta shares were a whopping 25% amid plans to cut costs and give a $40 billion share buyback. In terms of guidance, Meta forecast Q1 revenue between $26bn and $28.5bn, in line with analysts’ average estimates of $27.1bn.
2023-02-02T09:21:19+0000
Next shares jump on better than expected trading
The retailer upgrades its profit guidance on strong fourth-quarter sales
2023-01-06T16:39:18+0000
FTSE 100: BT shares slump as cost cuts bite
As BT spends money on expansion of fibre services it’s cutting costs in other areas of its business. Growth in its consumer and Openreach networks arm offset lower spending by large corporate customers.
2022-11-03T10:19:01+0000
JD Wetherspoon shares climb 12% despite challenging times
JD Wetherspoon has produced a smaller than expected loss for the full-year and is controlling costs in a rising cost environment.
2022-10-07T13:25:51+0100
Tesco profits slide 63%
The retailer is navigating a price war with competitors
2022-10-06T16:15:07+0100
Renault shares climb after a full-year upgrade
Despite a rise in the cost of living and the costs of exiting Russia, Renault has seen its shares rise after upgrading its outlook. The French carmaker has raised its operating margins as it focusses on higher margin products.
2022-07-29T12:39:29+0100
Are Persimmon shares safe as houses?
Persimmon’s share price looks undervalued as housebuilder posts solid figures
2022-03-04T16:33:00+0000
Are Diageo shares an inflationary hedge?
Shares in Diageo fell last week on Heineken’s worries about cost pressures but offer a safe haven
2022-02-21T15:17:48+0000
