• FTSE opens higher, HSBC rises on earnings beat and buyback - Market Report

  • Apr 30 2024
  • Length: 1 min
  • Podcast
FTSE opens higher, HSBC rises on earnings beat and buyback - Market Report By cover art

FTSE opens higher, HSBC rises on earnings beat and buyback - Market Report

Listen for free

View show details

  • Summary

  • The FTSE 100 enjoyed a bright start on Tuesday, as news broke shop price inflation was at its lowest level in nearly two and a half years. Shop prices climbed by 0.8% in April, against 1.3% in March, as non-food items even fell, the British Retail Consortium reported. Among companies, a busy day of reports saw HSBC rise early on, as its chief executive unveiled a $3 billion share buyback but also his retirement on a first-quarter earnings beat. Premier Inn owner Whitbread fell after announcing 1,500 job cuts within its struggling food business, which includes brands Brewers Fayre and Beefeater. FTSE 250-listed Card Factory soared after reinstating its dividend on improved profit last year. And finally, Morrisons announced the £2.5 billion sale of its petrol forecourts to tackle its mounting debt pile. #ProactiveInvestors #marketreport #ftse #ftse100 #footsie #hsbc #cardfactory #whitbread #brewersfayre #beefeater #morrisons #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
    Show more Show less
Business & Careers Economics Personal Finance Politics & Government
Show more Show less

What listeners say about FTSE opens higher, HSBC rises on earnings beat and buyback - Market Report

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available