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Market report: British American Tobacco biggest FTSE 100 faller on vaping growth, Reckitt Benckiser also down

UK stocks opened lower on Wednesday as protests in Hong Kong against a controversial China extraditions bill intensified, while US-China trade tensions lingered. The benchmark FTSE 100 index was down 27.02 points, or 0.4%, at 7.371.43. British American Tobacco (BATS) fell 2.8% to £29.84 as it guided for revenue growth in its new category business, which includes vaping, at 'around the ...

Market report: Fast fashion retailers in the spotlight as resources drag on FTSE 100

On the day that the top job is advertised at the Bank of England it is figures from fast fashion businesses Boohoo (BOO:AIM) and Primark, and its owner Associated British Foods (ABF) that are likely to grab investor attention. Primark-owner AB Foods has reported half year revenue of £7.5bn and adjusted operating profit of £639m, largely flat year-on-year but it is the low cost fashion arm ...

He’s back – Dunkerton wins heated Superdry boardroom battle (by the narrowest of margins)

Charismatic clothing entrepreneur Julian Dunkerton has succeeded in his bid to wrest back control of embattled fashion brand Superdry (SDRY). Dunkerton will now look to arrest the steep trading decline at the jackets-to-sweatshirts seller that has been his life’s work, while the incumbent CEO Euan Sutherland is sure to be shown the door. READ MORE ABOUT SUPERDRY HERE Superdry’s ...

Market report: FTSE 100 plunges to two-year low on US slowdown fears, DS Smith continues slide

UK stocks fall in line with continental Europe and US index futures as worries over the strength of the US economy begin to weigh on sentiment. In early trade the FTSE 100 index gives up almost 2% to 6,792.10, a new two-year low, while the FTSE 250 gives up 1.5% to a low for the year of 17,995 points. Tomorrow sees the release of three closely-watched indicators of the health of the US economy ...
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