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Coca-Cola HBC serves up solid first half earnings
Coca-Cola HBC, one of the Coca-Cola Company’s largest bottlers, posted solid first-half growth on Thursday with volume rising 1. 4% to 1. 02bn unit cases, while net sales revenue was ahead 5. 6% at €3. 21bn.
Aldermore misses 1H EPS forecasts, but spies dividend payments
Aldermore missed analysts' interim profit forecasts despite a reduction in its cost-to-income ratio, but held out the prospect of dividend payments, saying it was on track to meet targets for beefing up its capital buffers.
Commods prices lift Glencore H1 as company looks to growth in battery market
Higher commodity prices boosted first half earnings at Glencore with adjusted earnings before interest, tax depreciation and amortisation up 70% to $6. 7bn as the company said the growth in the electric car and battery storage market would unlock new demand for metals.
London pre-open: Stocks set for lower open, North Korea still in spotlight
Stocks are being called to start the session slightly lower after North Korea provided further details regarding a possible missile launch into the waters around the US Pacific territory of Guam, in what some observers believe may be another carefully crafted barb meant to provoke the White House.
Thursday newspaper round-up: North Korea, Telit Communications, Johnston Press
North Korea has defied threats of “fire and fury” from Donald Trump, deriding his warning as a “load of nonsense” and announcing a detailed plan to launch missiles aimed at the waters off the coast of the US Pacific territory of Guam. A statement attributed to General Kim Rak Gyom, the head of the country’s strategic forces, declared: “Sound dialogue is not possible with such a guy bereft of reason and only absolute force can work on him”. The general outlined a plan to carry out a demonstration launch of four intermediate-range missiles that would fly over Japan and then land in the sea around Guam, “enveloping” the island.
US close: Markets lower as Korea tensions simmer
Wall Street finished in the red on Wednesday on the back of continued negative news out of the Far East, with Pyongyang having made a veiled threat of an attack against the US Pacific territory of Guam.