After Associated British Foods PLC (LSE:ABF) proposed a split of Primark and Foods divisions alongside its results, Barclays analysts found there was a big debate in the City between supporters and opponents of a move. The market in the results was on weak Primark like-for-likes, muted margins and earnings downgrades, sending the shares down well over 3%.
Canadian Pacific Kansas City is the only transnational railway connecting Canada, the U.S., and Mexico, offering unique competitive advantages. CP reported Q3 2025 adjusted EPS of C$1.10, up 12.2% year-over-year, with revenue and guidance in line with consensus expectations. Despite tariff-related trade concerns, CP continues to deliver revenue growth and improved operating efficiency, supporting a positive outlook.
City Holding Company continues to demonstrate strong fundamentals, asset quality, and growth, despite its shares underperforming the broader market. CHCO boasts low uninsured deposit exposure, a diversified loan portfolio, and robust credit quality metrics, supporting its reputation as a high-quality bank. Valuation remains a concern, with CHCO trading at higher price-to-earnings and price-to-book multiples than peers, but superior returns on assets and equity justify the premium.
City Office REIT is being acquired by MCME Carell Holdings. Shareholders have approved the merger. Preferred Series A dividend continues to accrue.
City Holding (CHCO) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $2.02 per share a year ago.
Spotlight on upcoming dividend increases for October 12, 2025, highlighting companies with strong dividend growth histories and financial stability. First United Corporation stands out with an 18.18% dividend increase and a stellar 462% total return, surpassing SCHD's benchmark performance. My dividend growth strategy focuses on companies with consistent annual increases, aiming for both income and capital appreciation over time.
Spain's High Court on Thursday summoned the founder of U.S.-based short seller Gotham City Research, Daniel Yu, to testify over allegations his company disseminated misleading information about pharma firm Grifols to influence its share price.
City brokers are evidently divided over discount store operator B&M European Value Retail SA (LSE:BME) following a sharp downgrade to its UK margin outlook and a weaker-than-expected first-half trading update earlier this week. JP Morgan, in a note, repeated an 'Underweight' rating whilst its analysts flagged “c20% earnings downgrades and 30 to 40% lower FCF expectations.
The long-awaited consultation on motor finance compensation by the Financial Conduct Authority was broadly welcomed by analysts, though opinions differed on its financial impact. Consumer redress of £8.2 billion to be paid by Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC), Close Brothers Group PLC (LSE:CBG) and the rest of the industry is "towards the better end of expectations", said Deutsche Bank.
Marks and Spencer Group PLC (LSE:MKS) has picked up another vote of confidence in the Square Mile, with Citi upgrading the retailer to “buy” and setting out a case that its turnaround still has further to run. The US bank says investors are underestimating the structural tailwinds in both M&S's food and fashion businesses.
The City likes a good war chest, and BAE Systems PLC (LSE:BA.) has been busily filling its own.
Waymo, an autonomous vehicle company and Alphabet company, first began offering driverless ridesharing services to all customers in Phoenix in 2020. It has since expanded to multiple cities including Los Angeles, San Francisco and Austin, where it competes with Tesla's Robotaxi service—but largely remains the leader in the emerging industry so far.