Panmure Liberum downgraded Dunelm Group PLC from 'hold' to 'sell', cutting its target price from 820p to 590p due to concerns over the retailer's ability to reaccelerate sales growth, achieve £100 million in cost savings, and overhaul its technology within three years. The broker highlighted that Dunelm's recent capital markets day revealed plans for over £260 million in growth investment, but much of this may be aimed at stopping sales decline rather than boosting growth. Profit forecasts were cut by about 7%, with adjusted pre-tax profit now expected to remain flat at around £211 million for the year to June 2027. Panmure Liberum also noted slowing market share gains and limited evidence supporting Dunelm's strategy to optimize store space and product range, raising doubts about near-term cash generation and dividend potential.
Bureau Veritas disclosed its treasury shares transactions conducted between October 5 and October 9, 2026. This update is part of the company's regular reporting obligations to inform investors about changes in its treasury shares holdings. Such disc...
In Q3 2026, TRON DAO reported a milestone of $2.21 trillion in stablecoin settlements, with the network surpassing $30 trillion in cumulative transaction volume. The active user base grew by nearly 10%, and stablecoin supply increased to $93.88 billi...
Bureau Veritas disclosed its share buyback transactions conducted between October 5 and October 9, 2026. This activity reflects the company's ongoing efforts to manage its capital structure and potentially enhance shareholder value. Investors should ...
Pepeto, a new Ethereum-based cryptocurrency, has launched its page on CoinMarketCap, indicating a Binance listing is near. The project features a working bridge across Ethereum, BNB Chain, and Solana, with zero-cost token transfers and AI contract ch...
Crédit Agricole has signed an agreement to acquire 100% of IKB Deutsche Industriebank, a key financier for Germany's Mittelstand companies. This acquisition strengthens Crédit Agricole's expansion in Germany, Europe's largest economy, aligning with i...
