Compass Group warned on Tuesday that deteriorating consumer and business confidence in Europe had hurt volumes and margins at its company catering services, sending shares almost 8% lower.
Nov 26 Compass Group on Tuesday warned
that hundreds of jobs could be in jeopardy as a part of a
program to stem costs, as the weakening economic outlook in
Europe dented the catering company's volumes and margins.
Logistics company Wincanton Plc has decided to drop plans to make an offer to buy rival Eddie Stobart Logistics , citing concerns about the target's financial performance and liquidity.
Playing attacking football and winning trophies still remains the ultimate goal for Manchester United, the Premier League club said after sponsorship deals helped them post a jump in first-quarter core earnings.
* Graphic https://fingfx.thomsonreuters.com/gfx/editorcharts/MANCHESTER-UNITED-RESULTS/0H001PBWM6CZ/index.html on Manchester United's staff costs (Adds quotes, shares, graphic, background)
* Shares plunge to 21-year low
(Adds shares, background, analyst comments)
* Company evaluating NGP supply chain as demand hit
(Recasts, adds analyst comments, details on Australian
Britain's mid-cap share index fell by its most in six weeks on Wednesday, weighed down by uncertainty over Brexit as parliament reconvened after a court ruling against the prime minister.
London's FTSE 100 index slipped on Monday as weak German economic data weighed on banking shares, offsetting a surge in travel operators and airlines after the collapse of the world's oldest travel firm Thomas Cook.
London's FTSE 100 fell on Monday as the pound ploughed ahead after unexpectedly robust economic data and as no-deal Brexit worries tempered, leaving internationally-focussed stocks in the dumps.