Boohoo Group PLC shares rose 6% following strong interim results that showed a £46 million rise in pre-tax profit to £28 million, the first positive figure since 2021. Panmure Liberum reiterated its 'buy' rating and 60p price target, highlighting growth in merchandise value, margin expansion, and improved earnings. The broker is confident about the second half, expecting modest merchandise growth and adjusted earnings above last year, with full-year guidance of at least £59 million in adjusted earnings. Management aims to exceed £100 million pre-tax profit in the medium term, with further cost cuts and a net cash position forecasted by 2028.
Boohoo Group shares rose 6% on strong interim results, providing context for consumer cyclical stocks. For readers following this sector, here is Pluang's market snapshot as of Oct 23, 2026 13:51 WIB: Among 134 priced US consumer cyclical stocks, 66 advanced and 61 declined. Kohl's Corporation (KSS) led gains with an 11.96% rise to USD 24.81 and a near-even Pluang order split of 47% Sell / 53% Buy, while Rent the Runway Inc (RENT) gained 9.63% to USD 2.39 despite 92% sell activity. Garrett Motion Inc. (GTX) fell 8.78% to USD 21.83, with a notably shorter typical hold time of 14 days compared to others.
BDR Pharmaceuticals has filed a lawsuit against the FDA, disputing the agency's refusal to accept an abbreviated new drug application referencing Phathom Pharmaceuticals' VOQUEZNA. BDR claims the FDA wrongly extended Phathom's exclusivity period unde...
Ipsos achieved 2.0% organic revenue growth in Q3 2026, up from 0.8% in H1, driven by strong performances in EMEA, China, and citizen-related activities. The company updated its 2026 organic growth target to 1.2%-1.5%, reflecting improved momentum and...
Ipsos posted €636.2 million revenue in Q3 2026 with 2.0% organic growth, up from 0.8% in H1, led by strong performances in EMEA, China, and its Citizens business. The company updated its full-year organic growth outlook to 1.2%-1.5%, citing ongoing g...
Signify reported third-quarter 2026 results with sales of EUR 1,367 million, a slight decline in comparable sales by 3.4%, but improved adjusted EBITA of EUR 145 million and a margin increase to 10.6%. Net income rose to EUR 88 million and free cash ...
Polygon (POL) traded at $0.092, up 1.01% in the last 24 hours as of Oct. 23, 2024. POL replaced MATIC as the gas token on Polygon PoS starting Sept. 4, 2024, allowing MATIC holders on Ethereum to migrate tokens 1:1 via Polygon’s portal. Binance ended...
