Compass Group Share News (CPG)

LONDON MARKET MIDDAY: Stocks rise as markets await US inflation

(Alliance News) - Stocks in Europe were extending morning gains at midday on Wednesday, with a positive open seen in New York, as traders eagerly await the latest consumer price index reading from the US.

LONDON MARKET OPEN: Stocks move higher but US inflation reading awaits

(Alliance News) - Stocks in London inched higher on Wednesday morning with worrisome inflation figures in China and Germany keeping investors on the sidelines, with a US consumer price index reading waiting.

TOP NEWS: Compass unveils buyback as returns to pre-virus fortunes

(Alliance News) - Contract caterer Compass Group PLC on Wednesday announced a GBP500 million share buyback and said it has achieved an "important milestone" with run-rate revenue topping pre-virus levels.

LONDON BRIEFING: High inflation in China, Germany; US report next

(Alliance News) - Consumer price inflation in Germany ticked to a new record high in April, as expected, data from the Federal Statistical Office showed on Wednesday.

LONDON MARKET PRE-OPEN: Germany inflation in line; ITV strong

(Alliance News) - Stocks in London were set to open higher on Wednesday, but the day will be dominated by the consumer inflation report in the US, with red-hot readings already out from Germany and China.

European shares edge higher in early trade

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EUROPEAN SHARES EDGE HIGHER IN EARLY TRADE (0735 GMT)

Compass upgrades revenue outlook as H1 profits surge

(Sharecast News) - Catering group Compass posted a jump in first-half operating profit and revenue on Wednesday, lifted its revenue guidance and announced the launch of a £500m share buyback as it hailed strong growth across all sectors.

UK earnings, trading statements calendar - next 7 days

Morgan Stanley sounds 'positive' note on Compass Group

(Sharecast News) - Analysts at Morgan Stanley sounded a 'positive' note on the outlook for Compass Group, telling clients that the catering services outfit was likely to beat its full-year guidance for organic sales growth.

Cosmetics brands with strongest pricing power

COSMETICS BRANDS WITH STRONGEST PRICING POWER (1145 GMT)

"Bearishness is peaking"

"BEARISHNESS IS PEAKING" (1020 GMT)

FTSE 100 tracks broader Europe higher after ECB holds rates

April 14 (Reuters) - A rally in banks and consumer stocks saw London's FTSE 100 reverse session losses on Thursday, moving in line with other European peers as investors scaled back bets of interest rate hikes by the European Central Bank.

RBC hikes Sodexo on 'irrational' share weakness, shares rise

Sodexo lowers growth forecasts and ends investment in Russia

April 1 (Reuters) - French catering and food services company Sodexo lowered its annual revenue growth outlook on Friday citing the pandemic, the Ukraine conflict and the closure of COVID-19 testing centres it ran in the United Kingdom.

IN BRIEF: Dunelm picks former Compass and Kingfisher CFO for same role

Dunelm Group PLC - Leicester, England-based home furnishings retailer - Hires Karen Witts as chief financial officer from June 9. She will replace Laura Carr, who steps down from the board on June 8. Witts was the CFO of Compass Group PLC, a contract caterer, until October 2021.