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Primark Christmas sales up 2.1% despite warmer weather
Sales at clothing retailer Primark grew 2. 1% on a like-for-like basis over the Christmas period despite warmer weather, parent company Associated British Foods said on Tuesday, adding that it did not expect supply disruptions from attacks on commercial shipping in the Red Sea.
FTSE 250 movers: Diversified Energy slumps for second week in a row
FTSE 250: 19,076. 22, +0. 00%.
GE Q4 beats estimates ahead of split, but outlook hits shares
General Electric topped fourth-quarter earnings estimates but downbeat guidance for the three months of the current year sent shares in the jet engine maker lower.
Europe midday: Shares slip into red after positive start
European shares slipped into the red at midday after a positive start to the session as renewed strikes on Houthi rebels in Yemen in response to attacks on Red Sea shipping tempered sentiment.
Crest Nicholson FY profits slump amid tough market; CEO to retire
UK housebuilder Crest Nicholson posted a bigger-than-expected fall in annual profits but said it was encouraged by an increase in customer inquiries as borrowing costs fell, while chief executive Peter Truscott announced he was stepping down to be replaced by Persimmon chief commercial officer Martyn Clark.
Europe open: Shares up on strong Wall Street; US hits Yemen again
European shares opened higher on Tuesday, taking their cue from a strong performance on Wall Street overnight, although renewed attacks on Houthi rebels in Yemen in response to attacks on Red Sea shipping tempered sentiment.